Sumitomo Mitsui Financial Group (TSE:8316) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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TSE:8316 Sumitomo Mitsui Financial Group Inc TSE:8316
64 GF Score
Price 円6,830.00
GF Value 円4,588.10
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sumitomo Mitsui Financial Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumitomo Mitsui Financial Group  (TSE:8316) 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 Financial Group Cyclically Adjusted PS Ratio Related Terms


Sumitomo Mitsui Financial Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sumitomo Mitsui 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.

Sumitomo Mitsui Financial Group Cyclically Adjusted PS Ratio Chart

Sumitomo Mitsui 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 1.29 1.71 2.78 3.38 4.25

Sumitomo Mitsui 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 3.22 3.66 4.36 4.30 5.35

TSE:8316 vs JPM, BAC, WFC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui 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.


Sumitomo Mitsui Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8316
64GF Score
Sumitomo Mitsui Financial Group Inc TSE:8316
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sumitomo Mitsui 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.

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

For example, Sumitomo Mitsui 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)
=411.586/113.6000*113.6000
=411.586

Current CPI (Jun. 2026) = 113.6000.

Sumitomo Mitsui Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 253.292 98.000 293.612
201612 286.275 98.400 330.496
201703 284.703 98.100 329.687
201706 273.300 98.500 315.197
201709 275.211 98.800 316.437
201712 302.227 99.400 345.402
201803 303.697 99.200 347.782
201806 271.458 99.200 310.863
201809 285.768 99.900 324.957
201812 271.330 99.700 309.158
201903 240.055 99.700 273.523
201906 194.095 99.800 220.934
201909 207.905 100.100 235.944
201912 197.439 100.500 223.175
202003 203.710 100.300 230.722
202006 189.204 99.900 215.151
202009 202.370 99.900 230.122
202012 202.608 99.300 231.785
202103 215.190 99.900 244.701
202106 201.220 99.500 229.735
202109 217.460 100.100 246.788
202112 223.731 100.100 253.905
202203 249.380 101.100 280.213
202206 238.202 101.800 265.813
202209 258.268 103.100 284.571
202212 250.371 104.100 273.219
202303 248.436 104.400 270.329
202306 263.257 105.200 284.278
202309 276.616 106.200 295.891
202312 296.805 106.800 315.703
202403 341.512 107.200 361.901
202406 292.101 108.200 306.679
202409 343.876 108.900 358.717
202412 291.321 110.700 298.953
202503 334.550 111.100 342.078
202506 313.130 111.700 318.456
202509 353.227 112.000 358.273
202512 370.636 113.000 372.604
202603 403.257 112.700 406.477
202606 411.586 113.600 411.586

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 Financial Group (TSE:8316) Overvalued in 2026?

Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group stock appears to be overvalued. The current stock price of 円6,830.00 is trading 48.9% above its estimated GF Value™ of 円4,588.10. GuruFocus considers Sumitomo Mitsui Financial Group to be Significantly Overvalued.

Key valuation signals for TSE:8316:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円4,588.10 vs. price of 円6,830.00 (48.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the TSE:8316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sumitomo Mitsui Financial Group Business Description

Address 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2025, its market share of domestic loans was 7.3%, compared with 8.4% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.
64GF Score

Get the complete analysis for TSE:8316

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

円6,830.00
Price
円4,588.10
GF Value