Mitsubishi UFJ Financial Group (TSE:8306) Cyclically Adjusted PS Ratio: 7.51 (As of Sep. 15, 2026) — 253% Above Median

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TSE:8306 Mitsubishi UFJ Financial Group Inc TSE:8306
56 GF Score
Price 円3,668.00
GF Value 円2,213.00
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mitsubishi UFJ Financial Group Cyclically Adjusted PS Ratio?

Mitsubishi UFJ Financial Group TSE:8306 -1.40% 56 Cyclically Adjusted PS Ratio is 7.51 as of Sep. 15, 2026, which is 253% above its 10-year median of 2.13. GuruFocus rates TSE:8306 with a GF Score™ of 56/100 and a GF Value™ of 円2,213.00 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,301 Banks companies, Mitsubishi UFJ Financial Group ranks worse than 91.93% on this metric.

As of today (2026-09-15), Mitsubishi UFJ Financial Group's current share price is 円3668.00. Mitsubishi UFJ Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円488.29. Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio for today is 7.51.

The historical rank and industry rank for Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8306' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.13   Max: 7.6
Current: 7.36

During the past years, Mitsubishi UFJ Financial Group's highest Cyclically Adjusted PS Ratio was 7.60. The lowest was 1.11. And the median was 2.13.

TSE:8306's Cyclically Adjusted PS Ratio is ranked worse than
91.93% of 1301 companies
in the Banks industry
Industry Median: 3.45 vs TSE:8306: 7.36

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.

Mitsubishi UFJ Financial Group's adjusted revenue per share data for the three months ended in Jun. 2026 was 円179.726. 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488.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi UFJ Financial Group  (TSE:8306) 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.


Mitsubishi UFJ Financial Group Cyclically Adjusted PS Ratio Related Terms


Mitsubishi UFJ Financial Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi UFJ Financial 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.

Mitsubishi UFJ Financial Group Cyclically Adjusted PS Ratio Chart

Mitsubishi UFJ Financial 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 2.18 2.24 3.82 4.53 5.44

Mitsubishi UFJ Financial 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 4.39 5.21 5.30 5.46 6.57

TSE:8306 vs JPM, BAC, WFC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, Mitsubishi UFJ Financial 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.


Mitsubishi UFJ Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio falls into.


TSE:8306
56GF Score
Mitsubishi UFJ Financial Group Inc TSE:8306
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi UFJ Financial 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.

Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3668.00/488.29
=7.51

* 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.

Mitsubishi UFJ Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Mitsubishi UFJ Financial 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)
=179.726/113.6000*113.6000
=179.726

Current CPI (Jun. 2026) = 113.6000.

Mitsubishi UFJ Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 87.180 97.900 101.161
201509 82.323 98.500 94.943
201603 84.438 97.900 97.979
201609 81.123 98.000 94.036
201703 99.432 98.100 115.142
201709 83.755 98.800 96.301
201803 80.751 99.200 92.473
201806 83.907 99.200 96.087
201809 81.350 99.900 92.506
201812 82.977 99.700 94.546
201903 87.457 99.700 99.650
201906 80.741 99.800 91.906
201909 91.887 100.100 104.279
201912 89.760 100.500 101.460
202003 111.139 100.300 125.876
202006 101.245 99.900 115.129
202009 85.047 99.900 96.710
202012 87.615 99.300 100.232
202103 97.106 99.900 110.423
202106 93.451 99.500 106.694
202109 88.508 100.100 100.445
202112 91.486 100.100 103.824
202203 113.464 101.100 127.493
202206 136.647 101.800 152.486
202209 124.844 103.100 137.558
202212 133.570 104.100 145.759
202303 118.786 104.400 129.254
202306 119.497 105.200 129.039
202309 126.525 106.200 135.341
202312 123.572 106.800 131.440
202403 144.056 107.200 152.656
202406 149.875 108.200 157.355
202409 158.844 108.900 165.700
202412 133.523 110.700 137.021
202503 140.832 111.100 144.001
202506 139.726 111.700 142.103
202509 160.405 112.000 162.697
202512 155.554 113.000 156.380
202603 166.144 112.700 167.471
202606 179.726 113.600 179.726

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 7.51 mean?
Mitsubishi UFJ Financial Group (TSE:8306) has a Cyclically Adjusted PS Ratio of 7.51 as of Sep. 15, 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 Mitsubishi UFJ Financial Group and its competitors. This is 253% above median its historical median of 2.13. Over the past decade, Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio has ranged from 1.11 to 7.60. According to the industry distribution chart, Mitsubishi UFJ Financial Group ranks #1196 out of 1301 companies in the Banks industry, placing it in the top 91.9%.
Is Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio too high?
Mitsubishi UFJ Financial Group's current Cyclically Adjusted PS Ratio of 7.51 is 253% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 7.60. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. Mitsubishi UFJ Financial Group's value of 7.51 is 117.7% above this industry median. Based on the distribution chart, Mitsubishi UFJ Financial Group ranks #1196 out of 1301 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Mitsubishi UFJ Financial Group has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi UFJ Financial Group's Cyclically Adjusted PS Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Mitsubishi UFJ Financial Group ranks #1196 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Mitsubishi UFJ Financial Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.45. Mitsubishi UFJ Financial Group's value of 7.51 is 117.7% above this benchmark. Historically, Mitsubishi UFJ Financial Group's own Cyclically Adjusted PS Ratio has ranged from 1.11 to 7.60 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 3.45, Mitsubishi UFJ Financial Group 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 3.45, based on 1,301 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. Mitsubishi UFJ Financial Group's current Cyclically Adjusted PS Ratio of 7.51 is 117.7% 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 Mitsubishi UFJ Financial Group and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi UFJ Financial Group's current Cyclically Adjusted PS Ratio is 7.51, which is 253% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi UFJ Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi UFJ Financial Group (TSE:8306) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,213.00, compared to a current price of 円3,668.00 — trading 65.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.51, which is 253% above median its 10-year median of 2.13 and 117.7% above the Banks industry median of 3.45. Mitsubishi UFJ Financial Group's overall GF Score™ is 56/100 with 5 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 Mitsubishi UFJ Financial Group (TSE:8306), the current Cyclically Adjusted PS Ratio is 7.51 as of Sep. 15, 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 Mitsubishi UFJ Financial Group (TSE:8306) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi UFJ Financial Group stock appears to be overvalued. The current stock price of 円3,668.00 is trading 65.7% above its estimated GF Value™ of 円2,213.00. GuruFocus considers Mitsubishi UFJ Financial Group to be Significantly Overvalued.

Key valuation signals for TSE:8306:

  • Cyclically Adjusted PS Ratio: 7.51 (253% above median its 10-year median of 2.13)
  • GF Value™: 円2,213.00 vs. price of 円3,668.00 (65.7% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 117.7% above the Banks median (#1196 of 1301)

No single metric tells the full story. See the TSE:8306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi UFJ Financial Group Business Description

Address 4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8330
Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.
56GF Score

Get the complete analysis for TSE:8306

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

円3,668.00
Price
円2,213.00
GF Value