Shikoku Bank (TSE:8387) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 12, 2026) — 193% Above Median

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TSE:8387 Shikoku Bank Ltd TSE:8387
48 GF Score
Price 円3,405.00
GF Value 円1,376.49
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shikoku Bank Cyclically Adjusted PB Ratio?

Shikoku Bank TSE:8387 +2.56% 48 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 12, 2026, which is 193% above its 10-year median of 0.29. GuruFocus rates TSE:8387 with a GF Score™ of 48/100 and a GF Value™ of 円1,376.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,289 Banks companies, Shikoku Bank ranks better than 71.3% on this metric.

As of today (2026-08-12), Shikoku Bank's current share price is 円3405.00. Shikoku Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円4,003.49. Shikoku Bank's Cyclically Adjusted PB Ratio for today is 0.85.

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

TSE:8387' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.29   Max: 0.88
Current: 0.83

During the past years, Shikoku Bank's highest Cyclically Adjusted PB Ratio was 0.88. The lowest was 0.21. And the median was 0.29.

TSE:8387's Cyclically Adjusted PB Ratio is ranked better than
71.3% of 1289 companies
in the Banks industry
Industry Median: 1.28 vs TSE:8387: 0.83

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.

Shikoku Bank's adjusted book value per share data for the three months ended in Mar. 2026 was 円4,559.331. 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4,003.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shikoku Bank  (TSE:8387) 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.


Shikoku Bank Cyclically Adjusted PB Ratio Related Terms


Shikoku Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shikoku 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.

Shikoku Bank Cyclically Adjusted PB Ratio Chart

Shikoku Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.25 0.33 0.31 0.56

Shikoku Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.28 0.39 0.44 0.56 0.00

Shikoku Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Shikoku 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.


Shikoku Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


TSE:8387
48GF Score
Shikoku Bank Ltd TSE:8387
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shikoku 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3405.00/4003.49
=0.85

* 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.

Shikoku Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Shikoku Bank's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4559.331/112.7000*112.7000
=4,559.331

Current CPI (Mar. 2026) = 112.7000.

Shikoku Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 3,121.411 98.100 3,585.964
201609 3,142.603 98.000 3,613.993
201612 3,112.324 98.400 3,564.623
201703 3,260.413 98.100 3,745.653
201706 3,362.247 98.500 3,846.957
201709 3,464.963 98.800 3,952.443
201712 3,578.055 99.400 4,056.809
201803 3,457.906 99.200 3,928.488
201806 3,501.731 99.200 3,978.277
201809 3,514.158 99.900 3,964.420
201812 3,332.315 99.700 3,766.819
201903 3,485.460 99.700 3,939.933
201906 3,484.186 99.800 3,934.547
201909 3,585.225 100.100 4,036.512
201912 3,633.196 100.500 4,074.241
202003 3,246.015 100.300 3,647.317
202006 3,421.186 99.900 3,859.536
202009 3,506.266 99.900 3,955.517
202012 3,627.342 99.300 4,116.832
202103 3,812.482 99.900 4,300.968
202106 3,845.401 99.500 4,355.545
202109 3,915.227 100.100 4,408.053
202112 3,878.356 100.100 4,366.541
202203 3,713.087 101.100 4,139.119
202206 3,569.450 101.800 3,951.641
202209 3,493.763 103.100 3,819.079
202212 3,434.563 104.100 3,718.302
202303 3,596.687 104.400 3,882.631
202306 3,736.838 105.200 4,003.248
202309 3,713.408 106.200 3,940.688
202312 3,832.047 106.800 4,043.742
202403 4,030.114 107.200 4,236.883
202406 3,946.557 108.200 4,110.693
202409 4,018.329 108.900 4,158.546
202412 3,982.869 110.700 4,054.827
202503 3,835.066 111.100 3,890.296
202506 3,968.087 111.700 4,003.612
202509 4,124.850 112.000 4,150.630
202512 4,488.418 113.000 4,476.502
202603 4,559.331 112.700 4,559.331

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.

What does a Cyclically Adjusted PB Ratio of 0.85 mean?
Shikoku Bank (TSE:8387) has a Cyclically Adjusted PB Ratio of 0.85 as of Aug. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Shikoku Bank and its competitors. This is 193% above median its historical median of 0.29. Over the past decade, Shikoku Bank's Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.88. According to the industry distribution chart, Shikoku Bank ranks #370 out of 1289 companies in the Banks industry, placing it in the top 28.7%.
Is Shikoku Bank's Cyclically Adjusted PB Ratio too high?
Shikoku Bank's current Cyclically Adjusted PB Ratio of 0.85 is 193% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.88. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Shikoku Bank's value of 0.85 is 33.6% below this industry median. Based on the distribution chart, Shikoku Bank ranks #370 out of 1289 companies in the Banks industry, which is above the industry midpoint. Overall, Shikoku Bank has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shikoku Bank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Shikoku Bank ranks #370 out of 1289 companies for Cyclically Adjusted PB Ratio. This puts Shikoku Bank in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Shikoku Bank's value of 0.85 is 33.6% below this benchmark. Historically, Shikoku Bank's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.88 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.28, Shikoku Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,289 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shikoku Bank's current Cyclically Adjusted PB Ratio of 0.85 is 33.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Shikoku Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shikoku Bank's current Cyclically Adjusted PB Ratio is 0.85, which is 193% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikoku Bank stock overvalued right now?
Based on GuruFocus' analysis, Shikoku Bank (TSE:8387) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,376.49, compared to a current price of 円3,405.00 — trading 147.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is 193% above median its 10-year median of 0.29 and 33.6% below the Banks industry median of 1.28. Shikoku Bank's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Shikoku Bank (TSE:8387), the current Cyclically Adjusted PB Ratio is 0.85 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shikoku Bank (TSE:8387) Overvalued in 2026?

Based on GuruFocus' analysis, Shikoku Bank stock appears to be overvalued. The current stock price of 円3,405.00 is trading 147.4% above its estimated GF Value™ of 円1,376.49. GuruFocus considers Shikoku Bank to be Significantly Overvalued.

Key valuation signals for TSE:8387:

  • Cyclically Adjusted PB Ratio: 0.85 (193% above median its 10-year median of 0.29)
  • GF Value™: 円1,376.49 vs. price of 円3,405.00 (147.4% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 33.6% below the Banks median (#370 of 1289)

No single metric tells the full story. See the TSE:8387 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shikoku Bank Business Description

Address 1-1-1 Minami-Harimayacho, Kochi, JPN, 780-8605
Shikoku Bank Ltd Operates as a regional bank providing banking services to individual and corporate customers. The company offers banking services such as deposits, loans, and foreign exchange transactions. It also provides financial services such as leasing and letter of credit among others.
48GF Score

Get the complete analysis for TSE:8387

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,405.00
Price
円1,376.49
GF Value