Shiga Bank (TSE:8366) Cyclically Adjusted PS Ratio: 6.92 (As of Jul. 22, 2026) — 291% Above Median

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TSE:8366 Shiga Bank Ltd TSE:8366
43 GF Score
Price 円2,697.00
GF Value 円1,251.07
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Shiga Bank Cyclically Adjusted PS Ratio?

Shiga Bank TSE:8366 +6.10% 43 Cyclically Adjusted PS Ratio is 6.92 as of Jul. 22, 2026, which is 291% above its 10-year median of 1.77. GuruFocus rates TSE:8366 with a GF Score™ of 43/100 and a GF Value™ of 円1,251.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,301 Banks companies, Shiga Bank ranks worse than 88.7% on this metric.

As of today (2026-07-22), Shiga Bank's current share price is 円2697.00. Shiga Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円389.62. Shiga Bank's Cyclically Adjusted PS Ratio for today is 6.92.

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

TSE:8366' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.77   Max: 7.41
Current: 6.52

During the past years, Shiga Bank's highest Cyclically Adjusted PS Ratio was 7.41. The lowest was 1.22. And the median was 1.77.

TSE:8366's Cyclically Adjusted PS Ratio is ranked worse than
88.7% of 1301 companies
in the Banks industry
Industry Median: 3.37 vs TSE:8366: 6.52

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.

Shiga Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was 円125.768. 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389.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shiga Bank  (TSE:8366) 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.


Shiga Bank Cyclically Adjusted PS Ratio Related Terms


Shiga Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shiga 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.

Shiga Bank Cyclically Adjusted PS Ratio Chart

Shiga 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 1.45 1.65 2.48 2.88 4.78

Shiga Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.88 3.12 3.58 3.71 4.78

Shiga Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Shiga 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.


Shiga Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8366
43GF Score
Shiga Bank Ltd TSE:8366
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiga 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2697.00/389.62
=6.92

* 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.

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

For example, Shiga 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)
=125.768/112.7000*112.7000
=125.768

Current CPI (Mar. 2026) = 112.7000.

Shiga Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 82.262 98.100 94.505
201609 64.926 98.000 74.665
201612 67.495 98.400 77.304
201703 60.840 98.100 69.895
201706 77.710 98.500 88.913
201709 65.750 98.800 75.000
201712 59.779 99.400 67.778
201803 68.108 99.200 77.377
201806 81.524 99.200 92.618
201809 69.154 99.900 78.015
201812 67.384 99.700 76.170
201903 75.273 99.700 85.088
201906 71.738 99.800 81.011
201909 60.544 100.100 68.165
201912 67.331 100.500 75.505
202003 65.368 100.300 73.449
202006 68.855 99.900 77.677
202009 73.355 99.900 82.754
202012 77.481 99.300 87.937
202103 81.016 99.900 91.396
202106 104.903 99.500 118.820
202109 82.381 100.100 92.751
202112 105.167 100.100 118.405
202203 77.466 101.100 86.354
202206 137.053 101.800 151.728
202209 94.017 103.100 102.771
202212 98.498 104.100 106.635
202303 93.800 104.400 101.257
202306 116.450 105.200 124.752
202309 82.735 106.200 87.799
202312 109.793 106.800 115.858
202403 104.166 107.200 109.510
202406 102.633 108.200 106.901
202409 95.587 108.900 98.922
202412 100.126 110.700 101.935
202503 142.221 111.100 144.269
202506 120.564 111.700 121.643
202509 153.130 112.000 154.087
202512 131.146 113.000 130.798
202603 125.768 112.700 125.768

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 6.92 mean?
Shiga Bank (TSE:8366) has a Cyclically Adjusted PS Ratio of 6.92 as of Jul. 22, 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 Shiga Bank and its competitors. This is 291% above median its historical median of 1.77. Over the past decade, Shiga Bank's Cyclically Adjusted PS Ratio has ranged from 1.22 to 7.41. According to the industry distribution chart, Shiga Bank ranks #1154 out of 1301 companies in the Banks industry, placing it in the top 88.7%.
Is Shiga Bank's Cyclically Adjusted PS Ratio too high?
Shiga Bank's current Cyclically Adjusted PS Ratio of 6.92 is 291% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 7.41. The Banks industry median Cyclically Adjusted PS Ratio is 3.37. Shiga Bank's value of 6.92 is 105.3% above this industry median. Based on the distribution chart, Shiga Bank ranks #1154 out of 1301 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Shiga Bank has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiga Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Shiga Bank ranks #1154 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Shiga Bank in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.37. Shiga Bank's value of 6.92 is 105.3% above this benchmark. Historically, Shiga Bank's own Cyclically Adjusted PS Ratio has ranged from 1.22 to 7.41 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 3.37, Shiga Bank 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 3.37, 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. Shiga Bank's current Cyclically Adjusted PS Ratio of 6.92 is 105.3% 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 Shiga Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiga Bank's current Cyclically Adjusted PS Ratio is 6.92, which is 291% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiga Bank stock overvalued right now?
Based on GuruFocus' analysis, Shiga Bank (TSE:8366) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,251.07, compared to a current price of 円2,697.00 — trading 115.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.92, which is 291% above median its 10-year median of 1.77 and 105.3% above the Banks industry median of 3.37. Shiga Bank's overall GF Score™ is 43/100 with 1 warning sign 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 Shiga Bank (TSE:8366), the current Cyclically Adjusted PS Ratio is 6.92 as of Jul. 22, 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 Shiga Bank (TSE:8366) Overvalued in 2026?

Based on GuruFocus' analysis, Shiga Bank stock appears to be overvalued. The current stock price of 円2,697.00 is trading 115.6% above its estimated GF Value™ of 円1,251.07. GuruFocus considers Shiga Bank to be Significantly Overvalued.

Key valuation signals for TSE:8366:

  • Cyclically Adjusted PS Ratio: 6.92 (291% above median its 10-year median of 1.77)
  • GF Value™: 円1,251.07 vs. price of 円2,697.00 (115.6% above fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 105.3% above the Banks median (#1154 of 1301)

No single metric tells the full story. See the TSE:8366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiga Bank Business Description

Address 1-38 Hamamachi, Otsu, Shiga, JPN, 520-8686
Shiga Bank Ltd is a Japanese bank that has a majority of its deposit and loan portfolio targeting the Shiga prefecture. The bank's strategy emphasizes regional market penetration to build and grow its current customer base. Its corporate customer acquisition strategy attempts to leverage its financial intermediary functions. Its high-net-worth client acquisition strategy emphasizes pushing trust products and inheritance tax mitigation measures such as real estate. Loans on deeds constitute an overwhelming majority of its loan portfolio. The bank's deposit base, however, is split nearly evenly between ordinary and time deposits.
43GF Score

Get the complete analysis for TSE:8366

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

円2,697.00
Price
円1,251.07
GF Value