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The Bank of Toyama (TSE:8365) Cyclically Adjusted PB Ratio : 0.23 (As of Jun. 03, 2025)


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What is The Bank of Toyama Cyclically Adjusted PB Ratio?

As of today (2025-06-03), The Bank of Toyama's current share price is 円1530.00. The Bank of Toyama's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円6,513.01. The Bank of Toyama's Cyclically Adjusted PB Ratio for today is 0.23.

The historical rank and industry rank for The Bank of Toyama's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:8365' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.4   Max: 1.14
Current: 0.24

During the past years, The Bank of Toyama's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.22. And the median was 0.40.

TSE:8365's Cyclically Adjusted PB Ratio is ranked better than
95.33% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs TSE:8365: 0.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Bank of Toyama's adjusted book value per share data for the three months ended in Sep. 2024 was 円5,461.680. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円6,513.01 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Bank of Toyama Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Bank of Toyama's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Bank of Toyama Cyclically Adjusted PB Ratio Chart

The Bank of Toyama Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.69 0.43 0.30 0.32

The Bank of Toyama Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.30 0.28 0.32 0.25

Competitive Comparison of The Bank of Toyama's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, The Bank of Toyama's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Bank of Toyama's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Bank of Toyama's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Bank of Toyama's Cyclically Adjusted PB Ratio falls into.


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The Bank of Toyama Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

The Bank of Toyama's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1530.00/6513.01
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Bank of Toyama's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, The Bank of Toyama's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5461.68/108.9000*108.9000
=5,461.680

Current CPI (Sep. 2024) = 108.9000.

The Bank of Toyama Quarterly Data

Book Value per Share CPI Adj_Book
201409 5,395.546 98.500 5,965.228
201412 5,727.591 97.900 6,371.141
201503 6,151.666 97.900 6,842.864
201506 6,346.402 98.400 7,023.610
201509 6,049.880 98.500 6,688.649
201512 6,182.588 98.100 6,863.240
201603 5,916.621 97.900 6,581.410
201606 5,713.786 98.100 6,342.827
201609 5,836.370 98.000 6,485.517
201612 6,128.474 98.400 6,782.427
201703 6,075.847 98.100 6,744.748
201706 6,417.342 98.500 7,094.909
201709 6,565.353 98.800 7,236.508
201712 6,859.168 99.400 7,514.722
201803 6,603.093 99.200 7,248.758
201806 6,739.875 99.200 7,398.915
201809 6,842.386 99.900 7,458.817
201812 6,025.041 99.700 6,581.013
201903 6,463.635 99.700 7,060.079
201906 6,423.679 99.800 7,009.405
201909 6,717.283 100.100 7,307.813
201912 6,846.310 100.500 7,418.539
202003 5,533.591 100.300 6,008.056
202006 5,649.181 99.900 6,158.116
202009 5,761.038 99.900 6,280.050
202012 5,853.017 99.300 6,418.868
202103 6,031.641 99.900 6,575.032
202106 6,057.579 99.500 6,629.853
202109 6,193.750 100.100 6,738.255
202112 6,179.779 100.100 6,723.056
202203 5,818.854 101.100 6,267.786
202206 5,453.235 101.800 5,833.569
202209 5,336.904 103.100 5,637.137
202212 5,220.539 104.100 5,461.255
202303 5,430.181 104.400 5,664.241
202306 5,692.833 105.200 5,893.056
202309 5,347.802 106.200 5,483.763
202312 5,456.927 106.800 5,564.226
202403 5,612.433 107.200 5,701.436
202409 5,461.680 108.900 5,461.680

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


The Bank of Toyama  (TSE:8365) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


The Bank of Toyama Cyclically Adjusted PB Ratio Related Terms

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The Bank of Toyama Business Description

Traded in Other Exchanges
N/A
Address
22 Moriyama-machi, Toyama Prefecture, Takaoka, JPN, 933-8606
The Bank of Toyama Ltd provides banking and financial services to customers. It offers services like time deposit, savings deposit, mutual fund, insurance, housing loan, car loan, education loan, and others.

The Bank of Toyama Headlines

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