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The Kita Nippon Bank (TSE:8551) Cyclically Adjusted PB Ratio : 0.30 (As of May. 25, 2025)


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What is The Kita Nippon Bank Cyclically Adjusted PB Ratio?

As of today (2025-05-25), The Kita Nippon Bank's current share price is 円2822.00. The Kita Nippon Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was 円9,312.04. The Kita Nippon Bank's Cyclically Adjusted PB Ratio for today is 0.30.

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

TSE:8551' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.25   Max: 0.38
Current: 0.3

During the past years, The Kita Nippon Bank's highest Cyclically Adjusted PB Ratio was 0.38. The lowest was 0.18. And the median was 0.25.

TSE:8551's Cyclically Adjusted PB Ratio is ranked better than
92.82% of 1282 companies
in the Banks industry
Industry Median: 1.01 vs TSE:8551: 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.

The Kita Nippon Bank's adjusted book value per share data for the three months ended in Sep. 2024 was 円10,227.633. 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9,312.04 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kita Nippon Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Kita Nippon 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.

The Kita Nippon Bank Cyclically Adjusted PB Ratio Chart

The Kita Nippon 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 0.26 0.26 0.19 0.23 0.27

The Kita Nippon 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 0.23 0.26 0.23 0.27 0.26

Competitive Comparison of The Kita Nippon Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, The Kita Nippon 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.


The Kita Nippon Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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The Kita Nippon 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.

The Kita Nippon Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2822.00/9312.04
=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.

The Kita Nippon Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, The Kita Nippon 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)
=10227.633/108.9000*108.9000
=10,227.633

Current CPI (Sep. 2024) = 108.9000.

The Kita Nippon Bank Quarterly Data

Book Value per Share CPI Adj_Book
201409 7,376.125 98.500 8,154.924
201412 7,810.593 97.900 8,688.188
201503 8,171.188 97.900 9,089.299
201506 8,219.247 98.400 9,096.301
201509 8,083.382 98.500 8,936.856
201512 8,322.068 98.100 9,238.259
201603 8,332.008 97.900 9,268.189
201606 8,239.270 98.100 9,146.346
201609 8,150.655 98.000 9,057.207
201612 8,213.885 98.400 9,090.367
201703 8,164.212 98.100 9,063.024
201706 8,232.585 98.500 9,101.812
201709 8,336.098 98.800 9,188.270
201712 8,448.248 99.400 9,255.676
201803 8,297.698 99.200 9,109.066
201806 8,317.444 99.200 9,130.742
201809 8,359.154 99.900 9,112.231
201812 8,278.187 99.700 9,042.072
201903 8,402.851 99.700 9,178.239
201906 8,456.843 99.800 9,227.958
201909 8,641.126 100.100 9,400.785
201912 8,700.166 100.500 9,427.344
202003 8,234.875 100.300 8,940.956
202006 8,377.106 99.900 9,131.800
202009 8,458.762 99.900 9,220.813
202012 8,611.762 99.300 9,444.319
202103 8,812.567 99.900 9,606.492
202106 8,933.026 99.500 9,776.950
202109 9,036.072 100.100 9,830.452
202112 9,145.467 100.100 9,949.464
202203 8,990.695 101.100 9,684.339
202206 8,893.475 101.800 9,513.747
202209 8,796.525 103.100 9,291.383
202212 8,569.491 104.100 8,964.626
202303 8,956.330 104.400 9,342.379
202306 9,485.602 105.200 9,819.221
202309 9,416.349 106.200 9,655.748
202312 9,533.649 106.800 9,721.108
202403 10,195.402 107.200 10,357.083
202409 10,227.633 108.900 10,227.633

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.


The Kita Nippon Bank  (TSE:8551) 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.


The Kita Nippon Bank Cyclically Adjusted PB Ratio Related Terms

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The Kita Nippon Bank Business Description

Traded in Other Exchanges
N/A
Address
1-6-7 Chuodori, Morioka, JPN, 020-8666
The Kita Nippon Bank Ltd operates as a bank in Japan. Principally, it offers general banking business such as accepting deposits, granting loans, as well as syndicated loans, saving accounts, fixed deposits, current and recurring accounts. The bank renders various business including securities investment, foreign exchange, domestic exchange, trust and other related business. In addition, it also offers credit cards, credit guarantee, and leasing and contracts businesses.

The Kita Nippon Bank Headlines

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