Awa Bank (TSE:8388) Cyclically Adjusted PB Ratio: 1.14 (As of Aug. 11, 2026) — 153% Above Median

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TSE:8388 Awa Bank Ltd TSE:8388
48 GF Score
Price 円8,760.00
GF Value 円3,465.26
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Awa Bank Cyclically Adjusted PB Ratio?

Awa Bank TSE:8388 -1.90% 48 Cyclically Adjusted PB Ratio is 1.14 as of Aug. 11, 2026, which is 153% above its 10-year median of 0.45. GuruFocus rates TSE:8388 with a GF Score™ of 48/100 and a GF Value™ of 円3,465.26 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,287 Banks companies, Awa Bank ranks better than 56.33% on this metric.

As of today (2026-08-11), Awa Bank's current share price is 円8760.00. Awa Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was 円7,671.58. Awa Bank's Cyclically Adjusted PB Ratio for today is 1.14.

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

TSE:8388' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 1.16
Current: 1.16

During the past years, Awa Bank's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.30. And the median was 0.45.

TSE:8388's Cyclically Adjusted PB Ratio is ranked better than
56.33% of 1287 companies
in the Banks industry
Industry Median: 1.28 vs TSE:8388: 1.16

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.

Awa Bank's adjusted book value per share data for the three months ended in Mar. 2026 was 円10,278.982. 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7,671.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Awa Bank  (TSE:8388) 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.


Awa Bank Cyclically Adjusted PB Ratio Related Terms


Awa Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Awa 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.

Awa Bank Cyclically Adjusted PB Ratio Chart

Awa 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 0.37 0.31 0.41 0.40 0.74

Awa 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 0.39 0.50 0.58 0.74 0.00

Awa Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Awa 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.


Awa Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


TSE:8388
48GF Score
Awa Bank Ltd TSE:8388
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Awa 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8760.00/7671.58
=1.14

* 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.

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

For example, Awa 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)
=10278.982/112.7000*112.7000
=10,278.982

Current CPI (Mar. 2026) = 112.7000.

Awa Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 5,513.789 98.100 6,334.394
201609 5,535.186 98.000 6,365.464
201612 5,720.786 98.400 6,552.160
201703 5,846.860 98.100 6,717.035
201706 5,874.032 98.500 6,720.847
201709 5,869.254 98.800 6,694.989
201712 6,170.509 99.400 6,996.140
201803 6,125.574 99.200 6,959.195
201806 6,256.587 99.200 7,108.038
201809 6,371.390 99.900 7,187.744
201812 6,190.620 99.700 6,997.822
201903 6,318.670 99.700 7,142.569
201906 6,213.213 99.800 7,016.324
201909 6,543.392 100.100 7,367.036
201912 6,703.511 100.500 7,517.271
202003 5,981.394 100.300 6,720.868
202006 6,463.156 99.900 7,291.268
202009 6,530.848 99.900 7,367.633
202012 6,686.260 99.300 7,588.535
202103 6,984.452 99.900 7,879.357
202106 7,109.980 99.500 8,053.214
202109 7,204.412 100.100 8,111.261
202112 7,127.433 100.100 8,024.592
202203 6,926.604 101.100 7,721.348
202206 6,917.817 101.800 7,658.526
202209 6,717.169 103.100 7,342.628
202212 6,646.277 104.100 7,195.345
202303 6,837.908 104.400 7,381.535
202306 7,392.082 105.200 7,919.084
202309 7,412.427 106.200 7,866.107
202312 7,605.881 106.800 8,026.056
202403 8,292.282 107.200 8,717.726
202406 0.000 108.200 0.000
202409 8,641.711 108.900 8,943.258
202412 8,796.152 110.700 8,955.071
202503 8,441.717 111.100 8,563.290
202506 8,676.756 111.700 8,754.435
202509 9,293.250 112.000 9,351.333
202512 9,829.330 113.000 9,803.234
202603 10,278.982 112.700 10,278.982

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 1.14 mean?
Awa Bank (TSE:8388) has a Cyclically Adjusted PB Ratio of 1.14 as of Aug. 11, 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 Awa Bank and its competitors. This is 153% above median its historical median of 0.45. Over the past decade, Awa Bank's Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.16. According to the industry distribution chart, Awa Bank ranks #562 out of 1287 companies in the Banks industry, placing it in the top 43.7%.
Is Awa Bank's Cyclically Adjusted PB Ratio too high?
Awa Bank's current Cyclically Adjusted PB Ratio of 1.14 is 153% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 1.16. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Awa Bank's value of 1.14 is 10.9% below this industry median. Based on the distribution chart, Awa Bank ranks #562 out of 1287 companies in the Banks industry, which is above the industry midpoint. Overall, Awa 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 Awa Bank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Awa Bank ranks #562 out of 1287 companies for Cyclically Adjusted PB Ratio. This puts Awa Bank in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Awa Bank's value of 1.14 is 10.9% below this benchmark. Historically, Awa Bank's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 1.16 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.28, Awa 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 1,287 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. Awa Bank's current Cyclically Adjusted PB Ratio of 1.14 is 10.9% 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 Awa 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. Awa Bank's current Cyclically Adjusted PB Ratio is 1.14, which is 153% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Awa Bank stock overvalued right now?
Based on GuruFocus' analysis, Awa Bank (TSE:8388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,465.26, compared to a current price of 円8,760.00 — trading 152.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 153% above median its 10-year median of 0.45 and 10.9% below the Banks industry median of 1.28. Awa Bank's overall GF Score™ is 48/100 with 6 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 Awa Bank (TSE:8388), the current Cyclically Adjusted PB Ratio is 1.14 as of Aug. 11, 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 Awa Bank (TSE:8388) Overvalued in 2026?

Based on GuruFocus' analysis, Awa Bank stock appears to be overvalued. The current stock price of 円8,760.00 is trading 152.8% above its estimated GF Value™ of 円3,465.26. GuruFocus considers Awa Bank to be Significantly Overvalued.

Key valuation signals for TSE:8388:

  • Cyclically Adjusted PB Ratio: 1.14 (153% above median its 10-year median of 0.45)
  • GF Value™: 円3,465.26 vs. price of 円8,760.00 (152.8% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 10.9% below the Banks median (#562 of 1287)

No single metric tells the full story. See the TSE:8388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Awa Bank Business Description

Address 2-24-1 Nishisemba-cho, Tokushima-shi, Tokushima, JPN, 770-8601
Awa Bank Ltd is a Japan-based company that is principally engaged in commercial banking and leasing services. The commercial banking business offers services including deposit services, lending services, securities investment services, and exchange services. It also refers customers to the services provided by the company's subsidiaries, including business support services, management consulting services, credit card services, and credit guarantee services. The leasing business provides leasing services by Awagin Leasing Company Limited, a subsidiary of the company. The company generates the majority of revenue from the commercial banking business.
48GF Score

Get the complete analysis for TSE:8388

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

円8,760.00
Price
円3,465.26
GF Value