The Tohoku Bank (TSE:8349) Cyclically Adjusted PS Ratio: 1.02 (As of Aug. 21, 2026) — 44% Above Median

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TSE:8349 The Tohoku Bank Ltd TSE:8349
60 GF Score
Price 円1,608.00
GF Value 円1,329.72
Valuation Modestly Overvalued
! 2 Warning Signs
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What is The Tohoku Bank Cyclically Adjusted PS Ratio?

The Tohoku Bank TSE:8349 +2.42% 60 Cyclically Adjusted PS Ratio is 1.02 as of Aug. 21, 2026, which is 44% above its 10-year median of 0.71. GuruFocus rates TSE:8349 with a GF Score™ of 60/100 and a GF Value™ of 円1,329.72 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,300 Banks companies, The Tohoku Bank ranks better than 91.69% on this metric.

As of today (2026-08-21), The Tohoku Bank's current share price is 円1608.00. The Tohoku Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,579.99. The Tohoku Bank's Cyclically Adjusted PS Ratio for today is 1.02.

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

TSE:8349' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.71   Max: 1.07
Current: 0.97

During the past years, The Tohoku Bank's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.50. And the median was 0.71.

TSE:8349's Cyclically Adjusted PS Ratio is ranked better than
91.69% of 1300 companies
in the Banks industry
Industry Median: 3.43 vs TSE:8349: 0.97

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.

The Tohoku Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was 円411.186. 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1,579.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Tohoku Bank  (TSE:8349) 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.


The Tohoku Bank Cyclically Adjusted PS Ratio Related Terms


The Tohoku Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Tohoku 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.

The Tohoku Bank Cyclically Adjusted PS Ratio Chart

The Tohoku Bank 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 0.69 0.65 0.83 0.00 0.90

The Tohoku Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.69 0.85 0.90 0.90 0.00

The Tohoku Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, The Tohoku 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.


The Tohoku Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8349
60GF Score
The Tohoku Bank Ltd TSE:8349
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Tohoku 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1608.00/1579.99
=1.02

* 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.

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

For example, The Tohoku Bank'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)
=411.186/112.7000*112.7000
=411.186

Current CPI (Mar. 2026) = 112.7000.

The Tohoku Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 423.852 97.900 487.928
201606 370.765 98.100 425.945
201609 383.048 98.000 440.505
201612 364.788 98.400 417.801
201703 402.364 98.100 462.247
201706 354.481 98.500 405.584
201709 355.959 98.800 406.038
201712 362.082 99.400 410.530
201803 445.477 99.200 506.101
201806 346.073 99.200 393.170
201809 354.059 99.900 399.424
201812 315.739 99.700 356.909
201903 333.720 99.700 377.234
201906 345.159 99.800 389.774
201909 341.850 100.100 384.880
201912 344.209 100.500 385.994
202003 312.216 100.300 350.815
202006 340.444 99.900 384.064
202009 329.149 99.900 371.322
202012 329.360 99.300 373.805
202103 334.459 99.900 377.313
202106 367.838 99.500 416.637
202109 345.140 100.100 388.584
202112 323.635 100.100 364.372
202203 335.933 101.100 374.477
202206 338.254 101.800 374.472
202209 333.298 103.100 364.333
202212 341.620 104.100 369.842
202303 323.960 104.400 349.715
202306 437.256 105.200 468.429
202309 348.810 106.200 370.159
202312 340.107 106.800 358.896
202403 342.493 107.200 360.065
202406 358.122 108.200 373.016
202409 358.459 108.900 370.967
202503 0.000 111.100 0.000
202506 376.390 111.700 379.760
202509 394.183 112.000 396.647
202512 407.000 113.000 405.919
202603 411.186 112.700 411.186

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 1.02 mean?
The Tohoku Bank (TSE:8349) has a Cyclically Adjusted PS Ratio of 1.02 as of Aug. 21, 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 The Tohoku Bank and its competitors. This is 44% above median its historical median of 0.71. Over the past decade, The Tohoku Bank's Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.07. According to the industry distribution chart, The Tohoku Bank ranks #108 out of 1300 companies in the Banks industry, placing it in the top 8.3%.
Is The Tohoku Bank's Cyclically Adjusted PS Ratio too high?
The Tohoku Bank's current Cyclically Adjusted PS Ratio of 1.02 is 44% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.07. The Banks industry median Cyclically Adjusted PS Ratio is 3.43. The Tohoku Bank's value of 1.02 is 70.3% below this industry median. Based on the distribution chart, The Tohoku Bank ranks #108 out of 1300 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, The Tohoku Bank has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Tohoku Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, The Tohoku Bank ranks #108 out of 1300 companies for Cyclically Adjusted PS Ratio. This places The Tohoku Bank in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.43. The Tohoku Bank's value of 1.02 is 70.3% below this benchmark. Historically, The Tohoku Bank's own Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.07 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 3.43, The Tohoku Bank has consistently been below 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 3.43, based on 1,300 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. The Tohoku Bank's current Cyclically Adjusted PS Ratio of 1.02 is 70.3% below 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 The Tohoku Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Tohoku Bank's current Cyclically Adjusted PS Ratio is 1.02, which is 44% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Tohoku Bank stock overvalued right now?
Based on GuruFocus' analysis, The Tohoku Bank (TSE:8349) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,329.72, compared to a current price of 円1,608.00 — trading 20.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.02, which is 44% above median its 10-year median of 0.71 and 70.3% below the Banks industry median of 3.43. The Tohoku Bank's overall GF Score™ is 60/100 with 2 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 The Tohoku Bank (TSE:8349), the current Cyclically Adjusted PS Ratio is 1.02 as of Aug. 21, 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 The Tohoku Bank (TSE:8349) Overvalued in 2026?

Based on GuruFocus' analysis, The Tohoku Bank stock appears to be overvalued. The current stock price of 円1,608.00 is trading 20.9% above its estimated GF Value™ of 円1,329.72. GuruFocus considers The Tohoku Bank to be Modestly Overvalued.

Key valuation signals for TSE:8349:

  • Cyclically Adjusted PS Ratio: 1.02 (44% above median its 10-year median of 0.71)
  • GF Value™: 円1,329.72 vs. price of 円1,608.00 (20.9% above fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 70.3% below the Banks median (#108 of 1300)

No single metric tells the full story. See the TSE:8349 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Tohoku Bank Business Description

Address 3-1 Uchimaru, Morioka, Iwate, JPN, 020-8606
The Tohoku Bank Ltd is a bank in Japan. The bank provides general bank functions like deposits, loans, and foreign exchange transactions.
60GF Score

Get the complete analysis for TSE:8349

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

円1,608.00
Price
円1,329.72
GF Value