Fukuoka Financial Group (TSE:8354) Cyclically Adjusted PS Ratio: 5.23 (As of Aug. 29, 2026) — 141% Above Median

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TSE:8354 Fukuoka Financial Group Inc TSE:8354
62 GF Score
Price 円7,846.00
GF Value 円5,363.09
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Fukuoka Financial Group Cyclically Adjusted PS Ratio?

Fukuoka Financial Group TSE:8354 +1.66% 62 Cyclically Adjusted PS Ratio is 5.23 as of Aug. 29, 2026, which is 141% above its 10-year median of 2.17. GuruFocus rates TSE:8354 with a GF Score™ of 62/100 and a GF Value™ of 円5,363.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,297 Banks companies, Fukuoka Financial Group ranks worse than 77.56% on this metric.

As of today (2026-08-29), Fukuoka Financial Group's current share price is 円7846.00. Fukuoka Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,500.55. Fukuoka Financial Group's Cyclically Adjusted PS Ratio for today is 5.23.

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

TSE:8354' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.17   Max: 5.15
Current: 5.04

During the past years, Fukuoka Financial Group's highest Cyclically Adjusted PS Ratio was 5.15. The lowest was 1.06. And the median was 2.17.

TSE:8354's Cyclically Adjusted PS Ratio is ranked worse than
77.56% of 1297 companies
in the Banks industry
Industry Median: 3.41 vs TSE:8354: 5.04

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.

Fukuoka Financial Group's adjusted revenue per share data for the three months ended in Mar. 2026 was 円857.135. 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1,500.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fukuoka Financial Group  (TSE:8354) 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.


Fukuoka Financial Group Cyclically Adjusted PS Ratio Related Terms


Fukuoka Financial Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fukuoka 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.

Fukuoka Financial Group Cyclically Adjusted PS Ratio Chart

Fukuoka 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 1.94 2.01 3.10 2.82 3.93

Fukuoka 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 2.74 3.13 3.49 3.93 0.00

Fukuoka Financial Group Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Fukuoka 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.


Fukuoka Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8354
62GF Score
Fukuoka Financial Group Inc TSE:8354
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukuoka 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7846.00/1500.55
=5.23

* 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.

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

For example, Fukuoka Financial Group'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)
=857.135/112.7000*112.7000
=857.135

Current CPI (Mar. 2026) = 112.7000.

Fukuoka Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 318.094 98.100 365.435
201609 255.190 98.000 293.469
201612 272.498 98.400 312.099
201703 306.668 98.100 352.309
201706 291.550 98.500 333.581
201709 306.370 98.800 349.473
201712 268.505 99.400 304.432
201803 280.568 99.200 318.750
201806 296.897 99.200 337.301
201809 289.679 99.900 326.795
201812 277.138 99.700 313.274
201903 316.332 99.700 357.579
201906 296.638 99.800 334.981
201909 295.645 100.100 332.859
201912 308.212 100.500 345.627
202003 317.089 100.300 356.290
202006 302.625 99.900 341.400
202009 341.633 99.900 385.406
202012 324.005 99.300 367.728
202103 279.610 99.900 315.436
202106 320.727 99.500 363.276
202109 322.176 100.100 362.730
202112 338.562 100.100 381.178
202203 304.535 101.100 339.477
202206 343.731 101.800 380.535
202209 336.523 103.100 367.858
202212 390.603 104.100 422.872
202303 318.017 104.400 343.300
202306 358.112 105.200 383.643
202309 351.564 106.200 373.082
202312 351.664 106.800 371.091
202403 375.836 107.200 395.119
202406 375.349 108.200 390.960
202409 411.531 108.900 425.891
202412 381.374 110.700 388.264
202503 398.109 111.100 403.842
202506 419.054 111.700 422.806
202509 419.189 112.000 421.809
202512 467.654 113.000 466.412
202603 857.135 112.700 857.135

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 5.23 mean?
Fukuoka Financial Group (TSE:8354) has a Cyclically Adjusted PS Ratio of 5.23 as of Aug. 29, 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 Fukuoka Financial Group and its competitors. This is 141% above median its historical median of 2.17. Over the past decade, Fukuoka Financial Group's Cyclically Adjusted PS Ratio has ranged from 1.06 to 5.15. According to the industry distribution chart, Fukuoka Financial Group ranks #1006 out of 1297 companies in the Banks industry, placing it in the top 77.6%.
Is Fukuoka Financial Group's Cyclically Adjusted PS Ratio too high?
Fukuoka Financial Group's current Cyclically Adjusted PS Ratio of 5.23 is 141% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 5.15. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Fukuoka Financial Group's value of 5.23 is 53.4% above this industry median. Based on the distribution chart, Fukuoka Financial Group ranks #1006 out of 1297 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Fukuoka Financial Group has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka Financial Group's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Fukuoka Financial Group ranks #1006 out of 1297 companies for Cyclically Adjusted PS Ratio. This places Fukuoka Financial Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Fukuoka Financial Group's value of 5.23 is 53.4% above this benchmark. Historically, Fukuoka Financial Group's own Cyclically Adjusted PS Ratio has ranged from 1.06 to 5.15 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 3.41, Fukuoka 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 3.41, based on 1,297 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. Fukuoka Financial Group's current Cyclically Adjusted PS Ratio of 5.23 is 53.4% 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 Fukuoka Financial Group 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. Fukuoka Financial Group's current Cyclically Adjusted PS Ratio is 5.23, which is 141% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka Financial Group (TSE:8354) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,363.09, compared to a current price of 円7,846.00 — trading 46.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.23, which is 141% above median its 10-year median of 2.17 and 53.4% above the Banks industry median of 3.41. Fukuoka Financial Group's overall GF Score™ is 62/100 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 Fukuoka Financial Group (TSE:8354), the current Cyclically Adjusted PS Ratio is 5.23 as of Aug. 29, 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 Fukuoka Financial Group (TSE:8354) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuoka Financial Group stock appears to be overvalued. The current stock price of 円7,846.00 is trading 46.3% above its estimated GF Value™ of 円5,363.09. GuruFocus considers Fukuoka Financial Group to be Significantly Overvalued.

Key valuation signals for TSE:8354:

  • Cyclically Adjusted PS Ratio: 5.23 (141% above median its 10-year median of 2.17)
  • GF Value™: 円5,363.09 vs. price of 円7,846.00 (46.3% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 53.4% above the Banks median (#1006 of 1297)

No single metric tells the full story. See the TSE:8354 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuoka Financial Group Business Description

Other Exchanges FKKFY:USA
Address 1-8-3 Otemon, Chuo-ku, Fukuoka, JPN, 810-8693
Fukuoka Financial Group Inc is a Japan-based financial holding company that is principally engaged in the banking business through its subsidiaries, including the Bank of Fukuoka, the Kumamoto Bank, and the Shinwa Bank. The company conducts its core business (banking) through a branch network in Japan and overseas markets, including China, Thailand, Singapore, and the United States. The company also conducts other businesses, such as a securities business, an office work agent business, a loan guarantee business, a credit card business, a collateral valuation business, a consulting business, investments and loans, and others. The company generates the majority of its operating income from Japan.
62GF Score

Get the complete analysis for TSE:8354

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

円7,846.00
Price
円5,363.09
GF Value