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Oita Bank (TSE:8392) Cyclically Adjusted PB Ratio : 0.24 (As of May. 25, 2025)


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What is Oita Bank Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Oita Bank's current share price is 円3375.00. Oita Bank's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円13,775.62. Oita Bank's Cyclically Adjusted PB Ratio for today is 0.24.

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

TSE:8392' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.46
Current: 0.24

During the past years, Oita Bank's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.14. And the median was 0.22.

TSE:8392's Cyclically Adjusted PB Ratio is ranked better than
95.16% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs TSE:8392: 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.

Oita Bank's adjusted book value per share data for the three months ended in Dec. 2024 was 円13,846.159. 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13,775.62 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oita Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oita 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.

Oita Bank Cyclically Adjusted PB Ratio Chart

Oita 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 0.19 0.16 0.16 0.23 -

Oita 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 0.23 - 0.23 0.23 -

Competitive Comparison of Oita Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Oita 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.


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

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

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


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Oita 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3375.00/13775.62
=0.24

* 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.

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

For example, Oita 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)
=13846.159/110.7000*110.7000
=13,846.159

Current CPI (Dec. 2024) = 110.7000.

Oita Bank Quarterly Data

Book Value per Share CPI Adj_Book
201503 12,096.212 97.900 13,677.739
201506 12,137.909 98.400 13,655.148
201509 11,771.423 98.500 13,229.406
201512 12,027.465 98.100 13,572.277
201603 11,965.394 97.900 13,529.817
201606 11,976.145 98.100 13,514.365
201609 11,923.253 98.000 13,468.409
201612 12,092.643 98.400 13,604.223
201703 12,041.078 98.100 13,587.638
201706 12,413.901 98.500 13,951.460
201709 12,771.133 98.800 14,309.357
201712 13,055.676 99.400 14,539.873
201803 12,477.086 99.200 13,923.522
201806 12,700.311 99.200 14,172.625
201809 12,877.574 99.900 14,269.744
201812 12,373.888 99.700 13,739.111
201903 12,833.132 99.700 14,249.024
201906 12,962.240 99.800 14,377.956
201909 13,264.833 100.100 14,669.501
201912 13,306.695 100.500 14,657.225
202003 11,975.605 100.300 13,217.343
202006 12,276.603 99.900 13,603.803
202009 12,401.918 99.900 13,742.666
202012 12,611.799 99.300 14,059.679
202103 12,871.777 99.900 14,263.320
202106 13,106.821 99.500 14,582.162
202109 13,323.783 100.100 14,734.693
202112 13,301.090 100.100 14,709.597
202203 12,551.696 101.100 13,743.548
202206 12,095.911 101.800 13,153.412
202209 11,819.892 103.100 12,691.193
202212 11,608.552 104.100 12,344.541
202303 11,875.950 104.400 12,592.602
202306 12,510.834 105.200 13,164.918
202309 12,303.028 106.200 12,824.343
202312 12,637.238 106.800 13,098.710
202403 13,785.380 107.200 14,235.462
202406 0.000 108.200 0.000
202409 13,715.973 108.900 13,942.683
202412 13,846.159 110.700 13,846.159

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.


Oita Bank  (TSE:8392) 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.


Oita Bank Cyclically Adjusted PB Ratio Related Terms

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


Oita Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-4-1, Funai-cho, Oita, JPN, 870-8601
Oita Bank Ltd is a Japanese regional bank operating primarily in the Oita prefecture, located in the southwest of the nation's archipelago. The bank emphasizes a community-based strategy to create value alongside its operating region. It provides financial services to businesses and individuals, including banking, leasing, and credit cards. A majority of the bank's earning assets are in loans and bills discounted, followed by investment securities. Most of the bank's income is overwhelmingly net interest income, followed by fees and commissions.

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