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Kiyo Bank (TSE:8370) Cyclically Adjusted PB Ratio : 0.69 (As of May. 24, 2025)


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What is Kiyo Bank Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Kiyo Bank's current share price is 円2531.00. Kiyo Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円3,659.09. Kiyo Bank's Cyclically Adjusted PB Ratio for today is 0.69.

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

TSE:8370' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.49   Max: 0.68
Current: 0.68

During the past years, Kiyo Bank's highest Cyclically Adjusted PB Ratio was 0.68. The lowest was 0.42. And the median was 0.49.

TSE:8370's Cyclically Adjusted PB Ratio is ranked better than
74.22% of 1280 companies
in the Banks industry
Industry Median: 1.015 vs TSE:8370: 0.68

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.

Kiyo Bank's adjusted book value per share data for the three months ended in Dec. 2024 was 円3,653.867. 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3,659.09 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kiyo Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kiyo Bank'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.

Kiyo Bank Cyclically Adjusted PB Ratio Chart

Kiyo Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.44 0.45 0.53 -

Kiyo Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.53 - 0.47 0.61 -

Competitive Comparison of Kiyo Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kiyo Bank'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.


Kiyo Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Kiyo Bank 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.

Kiyo Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2531.00/3659.09
=0.69

* 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.

Kiyo Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Kiyo Bank's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=3653.867/110.7000*110.7000
=3,653.867

Current CPI (Dec. 2024) = 110.7000.

Kiyo Bank Quarterly Data

Book Value per Share CPI Adj_Book
201503 2,953.243 97.900 3,339.367
201506 2,952.325 98.400 3,321.366
201509 2,903.256 98.500 3,262.847
201512 2,960.801 98.100 3,341.087
201603 2,997.380 97.900 3,389.274
201606 2,956.625 98.100 3,336.375
201609 3,001.708 98.000 3,390.705
201612 3,230.718 98.400 3,634.558
201703 3,076.977 98.100 3,472.185
201706 3,159.488 98.500 3,550.815
201709 3,204.943 98.800 3,590.963
201712 3,289.418 99.400 3,663.366
201803 3,252.204 99.200 3,629.224
201806 3,237.325 99.200 3,612.620
201809 3,262.796 99.900 3,615.531
201812 3,183.977 99.700 3,535.268
201903 3,385.815 99.700 3,759.375
201906 3,364.597 99.800 3,732.073
201909 3,475.164 100.100 3,843.163
201912 3,508.903 100.500 3,865.030
202003 3,203.726 100.300 3,535.917
202006 3,290.252 99.900 3,645.955
202009 3,368.575 99.900 3,732.745
202012 3,426.483 99.300 3,819.856
202103 3,608.817 99.900 3,998.959
202106 3,674.555 99.500 4,088.173
202109 3,768.427 100.100 4,167.481
202112 3,987.085 100.100 4,409.294
202203 3,637.867 101.100 3,983.302
202206 3,420.481 101.800 3,719.521
202209 3,436.750 103.100 3,690.089
202212 3,333.866 104.100 3,545.235
202303 3,402.940 104.400 3,608.290
202306 3,443.205 105.200 3,623.220
202309 3,363.146 106.200 3,505.652
202312 3,448.996 106.800 3,574.942
202403 3,618.883 107.200 3,737.037
202406 0.000 108.200 0.000
202409 3,718.262 108.900 3,779.721
202412 3,653.867 110.700 3,653.867

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.


Kiyo Bank  (TSE:8370) 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.


Kiyo Bank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Kiyo Bank's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kiyo Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
35, Honmachi 1-chome, Chiyoda-Ku, Wakayama, JPN, 640-8656
Kiyo Bank Ltd provides banking products and services to individuals, corporations, and small businesses in Japan. Its branch network is concentrated between Wakayama prefecture and Osaka prefecture, with a small number of branches in Nara prefecture and Tokyo. The bank generates almost all revenue domestically. The core revenue driver is banking products which include deposits, loans, insurance, pensions, investment trusts, Internet banking, farm banking, and credit and debit cards. The bank also offers other services such as mergers and acquisition advisory, securities investment and trading of government bonds.

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