Miyazaki Bank (FSE:8393) Cyclically Adjusted PS Ratio: 14.63 (As of Aug. 02, 2026) — 1490% Above Median

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FSE:8393 Miyazaki Bank Ltd FSE:8393
48 GF Score
Price 円2,341.00
GF Value 円702.43
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Miyazaki Bank Cyclically Adjusted PS Ratio?

Miyazaki Bank FSE:8393 48 Cyclically Adjusted PS Ratio is 14.63 as of Aug. 02, 2026, which is 1490% above its 10-year median of 0.92. GuruFocus rates FSE:8393 with a GF Score™ of 48/100 and a GF Value™ of 円702.43 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,299 Banks companies, Miyazaki Bank ranks worse than 55.43% on this metric.

As of today (2026-08-02), Miyazaki Bank's current share price is 円2341.00. Miyazaki Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円160.04. Miyazaki Bank's Cyclically Adjusted PS Ratio for today is 14.63.

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

FSE:8393' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.92   Max: 3.67
Current: 3.67

During the past years, Miyazaki Bank's highest Cyclically Adjusted PS Ratio was 3.67. The lowest was 0.66. And the median was 0.92.

FSE:8393's Cyclically Adjusted PS Ratio is ranked worse than
55.43% of 1299 companies
in the Banks industry
Industry Median: 3.4 vs FSE:8393: 3.67

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Miyazaki Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was 円110.659. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is 円160.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Miyazaki Bank  (FSE:8393) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Miyazaki Bank Cyclically Adjusted PS Ratio Related Terms


Miyazaki Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Miyazaki Bank's Cyclically Adjusted PS 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.

Miyazaki Bank Cyclically Adjusted PS Ratio Chart

Miyazaki Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.78 0.92 1.01 2.64

Miyazaki Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.01 1.12 1.37 1.92 2.64

Miyazaki Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Miyazaki Bank's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Miyazaki Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FSE:8393
48GF Score
Miyazaki Bank Ltd FSE:8393
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miyazaki Bank Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Miyazaki Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2341.00/160.04
=14.63

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=110.659/112.7000*112.7000
=110.659

Current CPI (Mar. 2026) = 112.7000.

Miyazaki Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 135.334 98.100 155.475
201609 137.129 98.000 157.698
201612 124.226 98.400 142.279
201703 133.126 98.100 152.939
201706 145.894 98.500 166.926
201709 126.018 98.800 143.747
201712 141.267 99.400 160.169
201803 142.647 99.200 162.060
201806 151.135 99.200 171.703
201809 136.634 99.900 154.141
201812 130.647 99.700 147.682
201903 132.291 99.700 149.541
201906 142.366 99.800 160.768
201909 129.844 100.100 146.188
201912 135.790 100.500 152.274
202003 178.708 100.300 200.802
202006 136.910 99.900 154.452
202009 135.321 99.900 152.659
202012 138.191 99.300 156.839
202103 157.075 99.900 177.201
202106 181.316 99.500 205.370
202109 147.954 100.100 166.578
202112 174.203 100.100 196.131
202203 168.624 101.100 187.972
202206 219.566 101.800 243.076
202209 155.099 103.100 169.541
202212 168.436 104.100 182.351
202303 123.030 104.400 132.811
202306 162.712 105.200 174.312
202309 156.880 106.200 166.482
202312 147.629 106.800 155.785
202403 150.313 107.200 158.025
202406 159.730 108.200 166.373
202409 224.565 108.900 232.401
202412 117.324 110.700 119.444
202503 171.846 111.100 174.321
202506 178.755 111.700 180.355
202509 222.422 112.000 223.812
202512 239.194 113.000 238.559
202603 110.659 112.700 110.659

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 14.63 mean?
Miyazaki Bank (FSE:8393) has a Cyclically Adjusted PS Ratio of 14.63 as of Aug. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Miyazaki Bank and its competitors. This is 1490% above median its historical median of 0.92. Over the past decade, Miyazaki Bank's Cyclically Adjusted PS Ratio has ranged from 0.66 to 3.67. According to the industry distribution chart, Miyazaki Bank ranks #720 out of 1299 companies in the Banks industry, placing it in the top 55.4%.
Is Miyazaki Bank's Cyclically Adjusted PS Ratio too high?
Miyazaki Bank's current Cyclically Adjusted PS Ratio of 14.63 is 1490% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 3.67. The Banks industry median Cyclically Adjusted PS Ratio is 3.40. Miyazaki Bank's value of 14.63 is 330.3% above this industry median. Based on the distribution chart, Miyazaki Bank ranks #720 out of 1299 companies in the Banks industry, which is below the industry midpoint. Overall, Miyazaki 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 Miyazaki Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Miyazaki Bank ranks #720 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Miyazaki Bank in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.40. Miyazaki Bank's value of 14.63 is 330.3% above this benchmark. Historically, Miyazaki Bank's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 3.67 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 3.40, Miyazaki Bank has consistently been above 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 PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.40, based on 1,299 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miyazaki Bank's current Cyclically Adjusted PS Ratio of 14.63 is 330.3% above 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Miyazaki Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyazaki Bank's current Cyclically Adjusted PS Ratio is 14.63, which is 1490% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miyazaki Bank stock overvalued right now?
Based on GuruFocus' analysis, Miyazaki Bank (FSE:8393) is currently considered Significantly Overvalued. The stock's GF Value™ is 円702.43, compared to a current price of 円2,341.00 — trading 233.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.63, which is 1490% above median its 10-year median of 0.92 and 330.3% above the Banks industry median of 3.40. Miyazaki 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Miyazaki Bank (FSE:8393), the current Cyclically Adjusted PS Ratio is 14.63 as of Aug. 02, 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 Miyazaki Bank (FSE:8393) Overvalued in 2026?

Based on GuruFocus' analysis, Miyazaki Bank stock appears to be overvalued. The current stock price of 円2,341.00 is trading 233.3% above its estimated GF Value™ of 円702.43. GuruFocus considers Miyazaki Bank to be Significantly Overvalued.

Key valuation signals for FSE:8393:

  • Cyclically Adjusted PS Ratio: 14.63 (1490% above median its 10-year median of 0.92)
  • GF Value™: 円702.43 vs. price of 円2,341.00 (233.3% above fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 330.3% above the Banks median (#720 of 1299)

No single metric tells the full story. See the FSE:8393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miyazaki Bank Business Description

Other Exchanges 8393:Japan
Address 4-3-5, Tachibanadori-Higashi, Miyazaki, JPN, 880-0805
Miyazaki Bank Ltd is a regional bank based in Miyazaki and Kagoshima engaged in general retail banking and related financial services, such as leasing, credit guarantee, and credit card businesses. It offers financial services such as deposit services, loan businesses, domestic exchange businesses, foreign exchange businesses, and other related services. The company also provides financial services such as leasing, letters of credit among others.
48GF Score

Get the complete analysis for FSE:8393

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

円2,341.00
Price
円702.43
GF Value