RSHGY (Resona Holdings) Cyclically Adjusted PS Ratio: 6.10 (As of Aug. 06, 2026) — 257% Above Median

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RSHGY Resona Holdings Inc RSHGY
49 GF Score
Price $29.62
GF Value $17.28
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Resona Holdings Cyclically Adjusted PS Ratio?

Resona Holdings RSHGY +2.50% 49 Cyclically Adjusted PS Ratio is 6.10 as of Aug. 06, 2026, which is 257% above its 10-year median of 1.71. GuruFocus rates RSHGY with a GF Score™ of 49/100 and a GF Value™ of $17.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,299 Banks companies, Resona Holdings ranks worse than 86.91% on this metric.

As of today (2026-08-06), Resona Holdings's current share price is $29.622. Resona Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.86. Resona Holdings's Cyclically Adjusted PS Ratio for today is 6.10.

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

RSHGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.71   Max: 6.61
Current: 6.38

During the past years, Resona Holdings's highest Cyclically Adjusted PS Ratio was 6.61. The lowest was 0.99. And the median was 1.71.

RSHGY's Cyclically Adjusted PS Ratio is ranked worse than
86.91% of 1299 companies
in the Banks industry
Industry Median: 3.41 vs RSHGY: 6.38

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.

Resona Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.597. 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 $4.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resona Holdings  (OTCPK:RSHGY) 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.


Resona Holdings Cyclically Adjusted PS Ratio Related Terms


Resona Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Resona Holdings'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.

Resona Holdings Cyclically Adjusted PS Ratio Chart

Resona Holdings 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 1.71 2.02 2.91 3.76 4.81

Resona Holdings 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 3.76 3.92 4.33 4.20 4.81

Resona Holdings Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Resona Holdings'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.


Resona Holdings Cyclically Adjusted PS Ratio vs Banks Industry

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

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


RSHGY
49GF Score
Resona Holdings Inc RSHGY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Resona Holdings 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.

Resona Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.622/4.86
=6.10

* 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.

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

For example, Resona Holdings'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)
=1.597/112.7000*112.7000
=1.597

Current CPI (Mar. 2026) = 112.7000.

Resona Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.384 98.100 1.590
201609 1.545 98.000 1.777
201612 1.242 98.400 1.422
201703 0.924 98.100 1.062
201706 1.216 98.500 1.391
201709 1.319 98.800 1.505
201712 1.194 99.400 1.354
201803 1.137 99.200 1.292
201806 1.389 99.200 1.578
201809 1.581 99.900 1.784
201812 1.334 99.700 1.508
201903 1.309 99.700 1.480
201906 1.407 99.800 1.589
201909 1.616 100.100 1.819
201912 1.308 100.500 1.467
202003 1.700 100.300 1.910
202006 1.354 99.900 1.527
202009 1.444 99.900 1.629
202012 1.601 99.300 1.817
202103 1.514 99.900 1.708
202106 1.354 99.500 1.534
202109 1.433 100.100 1.613
202112 1.351 100.100 1.521
202203 1.347 101.100 1.502
202206 1.200 101.800 1.328
202209 1.176 103.100 1.286
202212 1.105 104.100 1.196
202303 1.132 104.400 1.222
202306 1.062 105.200 1.138
202309 1.115 106.200 1.183
202312 1.073 106.800 1.132
202403 1.248 107.200 1.312
202406 1.145 108.200 1.193
202409 1.382 108.900 1.430
202412 1.213 110.700 1.235
202503 1.308 111.100 1.327
202506 0.512 111.700 0.517
202509 2.328 112.000 2.343
202512 1.469 113.000 1.465
202603 1.597 112.700 1.597

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 6.10 mean?
Resona Holdings (RSHGY) has a Cyclically Adjusted PS Ratio of 6.10 as of Aug. 06, 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 Resona Holdings and its competitors. This is 257% above median its historical median of 1.71. Over the past decade, Resona Holdings' Cyclically Adjusted PS Ratio has ranged from 0.99 to 6.61. According to the industry distribution chart, Resona Holdings ranks #1129 out of 1299 companies in the Banks industry, placing it in the top 86.9%.
Is Resona Holdings' Cyclically Adjusted PS Ratio too high?
Resona Holdings' current Cyclically Adjusted PS Ratio of 6.10 is 257% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 6.61. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Resona Holdings' value of 6.10 is 78.9% above this industry median. Based on the distribution chart, Resona Holdings ranks #1129 out of 1299 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Resona Holdings has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resona Holdings' Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Resona Holdings ranks #1129 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Resona Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Resona Holdings' value of 6.10 is 78.9% above this benchmark. Historically, Resona Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.99 to 6.61 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 3.41, Resona Holdings 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 3.41, 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. Resona Holdings's current Cyclically Adjusted PS Ratio of 6.10 is 78.9% 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 Resona Holdings and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resona Holdings's current Cyclically Adjusted PS Ratio is 6.10, which is 257% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resona Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resona Holdings (RSHGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.28, compared to a current price of $29.62 — trading 71.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.10, which is 257% above median its 10-year median of 1.71 and 78.9% above the Banks industry median of 3.41. Resona Holdings' overall GF Score™ is 49/100 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 Resona Holdings (RSHGY), the current Cyclically Adjusted PS Ratio is 6.10 as of Aug. 06, 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 Resona Holdings (RSHGY) Overvalued in 2026?

Based on GuruFocus' analysis, Resona Holdings stock appears to be overvalued. The current stock price of $29.62 is trading 71.4% above its estimated GF Value™ of $17.28. GuruFocus considers Resona Holdings to be Significantly Overvalued.

Key valuation signals for RSHGY:

  • Cyclically Adjusted PS Ratio: 6.10 (257% above median its 10-year median of 1.71)
  • GF Value™: $17.28 vs. price of $29.62 (71.4% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 78.9% above the Banks median (#1129 of 1299)

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


Resona Holdings Business Description

Address 1-5-65 Kiba, Fukagawa Gatharia W2 Building, Koto-ku, Tokyo, JPN, 135-8582
Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a superregional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates.
49GF Score

Get the complete analysis for RSHGY

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

$29.62
Price
$17.28
GF Value