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Shikoku Bank (TSE:8387) Cyclically Adjusted PB Ratio : 0.30 (As of May. 25, 2025)


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What is Shikoku Bank Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Shikoku Bank's current share price is 円1122.00. Shikoku Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円3,753.59. Shikoku Bank's Cyclically Adjusted PB Ratio for today is 0.30.

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: 0.28   Max: 0.63
Current: 0.3

During the past years, Shikoku Bank's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.21. And the median was 0.28.

TSE:8387's Cyclically Adjusted PB Ratio is ranked better than
92.82% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs TSE:8387: 0.30

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 Sep. 2024 was 円4,018.329. 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3,753.59 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shikoku Bank Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Shikoku Bank Cyclically Adjusted PB Ratio Chart

Shikoku Bank 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 0.29 0.25 0.23 0.25 0.33

Shikoku Bank 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 0.24 0.28 0.26 0.33 0.26

Competitive Comparison of Shikoku Bank's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=1122.00/3753.59
=0.30

* 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 Sep. 2024 is calculated as:

For example, Shikoku Bank'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)
=4018.329/108.9000*108.9000
=4,018.329

Current CPI (Sep. 2024) = 108.9000.

Shikoku Bank Quarterly Data

Book Value per Share CPI Adj_Book
201409 2,885.774 98.500 3,190.465
201412 2,988.438 97.900 3,324.218
201503 3,070.343 97.900 3,415.325
201506 3,106.013 98.400 3,437.447
201509 3,055.852 98.500 3,378.500
201512 3,112.607 98.100 3,455.279
201603 3,112.317 97.900 3,462.016
201606 3,121.411 98.100 3,465.053
201609 3,142.603 98.000 3,492.137
201612 3,112.324 98.400 3,444.432
201703 3,260.413 98.100 3,619.358
201706 3,362.247 98.500 3,717.246
201709 3,464.963 98.800 3,819.175
201712 3,578.055 99.400 3,920.022
201803 3,457.906 99.200 3,796.028
201806 3,501.731 99.200 3,844.138
201809 3,514.158 99.900 3,830.749
201812 3,332.315 99.700 3,639.810
201903 3,485.460 99.700 3,807.087
201906 3,484.186 99.800 3,801.882
201909 3,585.225 100.100 3,900.410
201912 3,633.196 100.500 3,936.866
202003 3,246.015 100.300 3,524.337
202006 3,421.186 99.900 3,729.401
202009 3,506.266 99.900 3,822.146
202012 3,627.342 99.300 3,978.022
202103 3,812.482 99.900 4,155.949
202106 3,845.401 99.500 4,208.685
202109 3,915.227 100.100 4,259.423
202112 3,878.356 100.100 4,219.310
202203 3,713.087 101.100 3,999.557
202206 3,569.450 101.800 3,818.400
202209 3,493.763 103.100 3,690.308
202212 3,434.563 104.100 3,592.929
202303 3,596.687 104.400 3,751.717
202306 3,736.838 105.200 3,868.267
202309 3,713.408 106.200 3,807.817
202312 3,832.047 106.800 3,907.396
202403 4,030.114 107.200 4,094.024
202409 4,018.329 108.900 4,018.329

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.


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

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


Shikoku Bank Business Description

Industry
Traded in Other Exchanges
N/A
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.

Shikoku Bank Headlines

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