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Akita Bank (TSE:8343) Cyclically Adjusted PS Ratio : 1.15 (As of Jun. 02, 2025)


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What is Akita Bank Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Akita Bank's current share price is 円3000.00. Akita Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was 円2,598.36. Akita Bank's Cyclically Adjusted PS Ratio for today is 1.15.

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

TSE:8343' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.8   Max: 1.47
Current: 1.14

During the past years, Akita Bank's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.50. And the median was 0.80.

TSE:8343's Cyclically Adjusted PS Ratio is ranked better than
88.2% of 1246 companies
in the Banks industry
Industry Median: 2.72 vs TSE:8343: 1.14

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.

Akita Bank's adjusted revenue per share data for the three months ended in Dec. 2024 was 円675.556. 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2,598.36 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akita Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akita 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.

* Premium members only.

Akita Bank Cyclically Adjusted PS Ratio Chart

Akita Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.70 0.72 0.84 -

Akita Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.84 1.05 0.85 0.86 -

Competitive Comparison of Akita Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Akita 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.


Akita Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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


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Akita 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3000.00/2598.36
=1.15

* 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.

Akita Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Akita Bank's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=675.556/110.7000*110.7000
=675.556

Current CPI (Dec. 2024) = 110.7000.

Akita Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 478.047 97.900 540.550
201506 579.633 98.400 652.087
201509 591.901 98.500 665.213
201512 517.041 98.100 583.450
201603 1,071.124 97.900 1,211.169
201606 605.391 98.100 683.148
201609 525.062 98.000 593.106
201612 536.713 98.400 603.802
201703 651.920 98.100 735.653
201706 656.337 98.500 737.630
201709 559.777 98.800 627.200
201712 527.183 99.400 587.114
201803 646.761 99.200 721.738
201806 535.539 99.200 597.623
201809 488.952 99.900 541.812
201812 647.288 99.700 718.704
201903 620.406 99.700 688.856
201906 517.059 99.800 573.531
201909 609.771 100.100 674.342
201912 512.202 100.500 564.187
202003 773.368 100.300 853.558
202006 631.010 99.900 699.227
202009 530.280 99.900 587.608
202012 469.272 99.300 523.146
202103 653.917 99.900 724.611
202106 461.719 99.500 513.691
202109 601.967 100.100 665.712
202112 473.369 100.100 523.496
202203 545.632 101.100 597.443
202206 710.581 101.800 772.704
202209 582.806 103.100 625.767
202212 558.583 104.100 593.997
202303 579.921 104.400 614.916
202306 598.257 105.200 629.535
202309 507.474 106.200 528.977
202312 463.463 106.800 480.387
202403 629.072 107.200 649.611
202406 690.027 108.200 705.970
202409 705.126 108.900 716.781
202412 675.556 110.700 675.556

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.


Akita Bank  (TSE:8343) 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.


Akita Bank Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Akita Bank's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Akita Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
2-1 Sanno 3-Chome, Akita, JPN, 010-8655
Akita Bank Ltd is the banking subsidiary of the Akita Bank Group, which is composed of a Japanese regional bank and five consolidated subsidiaries operating primarily in the Akita Prefecture. The bank's strategy emphasizes regional market penetration to drive profitability. The group offers various financial services, principally banking. In addition, it offers leasing, consulting, guarantee services, and credit card services. Just over half of its earning assets are in loans and bills discounted, followed in size by securities. Most of the group's income is generated through net interest income, followed by fees and commissions.

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