Sumitomo Mitsui Trust Group (NGO:8309) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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NGO:8309 Sumitomo Mitsui Trust Group Inc NGO:8309
60 GF Score
Price 円1,800.00
GF Value 円1,087.18
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Mitsui Trust Group  (NGO:8309) 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.


Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Related Terms


Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sumitomo Mitsui Trust Group'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.

Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Chart

Sumitomo Mitsui Trust Group 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 1.53 1.55 2.08 2.44 2.99

Sumitomo Mitsui Trust Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.97 2.28 2.24 3.01 3.44

Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Sumitomo Mitsui Trust Group'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.


Sumitomo Mitsui Trust Group Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Trust Group's Cyclically Adjusted PS Ratio falls into.


NGO:8309
60GF Score
Sumitomo Mitsui Trust Group Inc NGO:8309
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sumitomo Mitsui Trust Group 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.

Sumitomo Mitsui Trust Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sumitomo Mitsui Trust Group's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=131.026/113.6000*113.6000
=131.026

Current CPI (Jun. 2026) = 113.6000.

Sumitomo Mitsui Trust Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 84.288 98.000 97.705
201612 91.077 98.400 105.146
201703 98.196 98.100 113.711
201706 80.996 98.500 93.413
201709 81.050 98.800 93.191
201712 82.477 99.400 94.259
201803 107.810 99.200 123.460
201806 81.976 99.200 93.876
201809 91.594 99.900 104.155
201812 81.235 99.700 92.561
201903 95.591 99.700 108.918
201906 82.176 99.800 93.539
201909 98.318 100.100 111.578
201912 94.368 100.500 106.669
202003 102.550 100.300 116.148
202006 84.153 99.900 95.694
202009 93.702 99.900 106.552
202012 88.084 99.300 100.769
202103 83.100 99.900 94.496
202106 100.294 99.500 114.507
202109 91.892 100.100 104.285
202112 80.633 100.100 91.508
202203 105.930 101.100 119.027
202206 99.724 101.800 111.283
202209 97.716 103.100 107.668
202212 92.473 104.100 100.912
202303 98.685 104.400 107.381
202306 87.692 105.200 94.694
202309 79.937 106.200 85.507
202312 76.403 106.800 81.268
202403 101.366 107.200 107.418
202406 109.081 108.200 114.525
202409 104.781 108.900 109.303
202412 124.262 110.700 127.517
202503 179.189 111.100 183.221
202506 107.222 111.700 109.046
202509 125.804 112.000 127.601
202512 125.990 113.000 126.659
202603 165.863 112.700 167.188
202606 131.026 113.600 131.026

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.

Is Sumitomo Mitsui Trust Group (NGO:8309) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Mitsui Trust Group stock appears to be overvalued. The current stock price of 円1,800.00 is trading 65.6% above its estimated GF Value™ of 円1,087.18. GuruFocus considers Sumitomo Mitsui Trust Group to be Significantly Overvalued.

Key valuation signals for NGO:8309:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,087.18 vs. price of 円1,800.00 (65.6% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the NGO:8309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumitomo Mitsui Trust Group Business Description

Address 1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8233
Sumitomo Mitsui Trust Group is the fifth-largest Japanese bank by assets and revenue. It is the only remaining stand-alone trust bank after the late 1990s deregulation removed legal barriers between commercial banking and trust functions in Japan; its former rivals in trust banking merged and became units of Mitsubishi UFJ FG and Mizuho. It has no capital ties with Sumitomo Mitsui FG, despite the similar name and common ties to Sumitomo and Mitsui group companies. In fiduciary services, SMTG is the market leader in Japan in total assets under custody. It is the largest manager of corporate pension funds and trails only Nomura in investment trusts.
60GF Score

Get the complete analysis for NGO:8309

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

円1,800.00
Price
円1,087.18
GF Value