Nanto Bank (TSE:8367) Cyclically Adjusted PS Ratio: 3.84 (As of Sep. 16, 2026) — 259% Above Median

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TSE:8367 Nanto Bank Ltd TSE:8367
49 GF Score
Price 円1,973.00
GF Value 円892.72
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nanto Bank Cyclically Adjusted PS Ratio?

Nanto Bank TSE:8367 +0.66% 49 Cyclically Adjusted PS Ratio is 3.84 as of Sep. 16, 2026, which is 259% above its 10-year median of 1.07. GuruFocus rates TSE:8367 with a GF Score™ of 49/100 and a GF Value™ of 円892.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,301 Banks companies, Nanto Bank ranks worse than 64.87% on this metric.

As of today (2026-09-16), Nanto Bank's current share price is 円1973.00. Nanto Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円513.17. Nanto Bank's Cyclically Adjusted PS Ratio for today is 3.84.

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

TSE:8367' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.07   Max: 4.17
Current: 4.13

During the past years, Nanto Bank's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 0.69. And the median was 1.07.

TSE:8367's Cyclically Adjusted PS Ratio is ranked worse than
64.87% of 1301 companies
in the Banks industry
Industry Median: 3.45 vs TSE:8367: 4.13

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.

Nanto Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was 円153.258. 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513.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanto Bank  (TSE:8367) 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.


Nanto Bank Cyclically Adjusted PS Ratio Related Terms


Nanto Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nanto 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.

Nanto Bank Cyclically Adjusted PS Ratio Chart

Nanto 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 0.78 0.94 1.25 1.57 2.76

Nanto Bank 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 1.62 2.00 2.32 2.75 3.40

Nanto Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Nanto 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.


Nanto Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8367
49GF Score
Nanto Bank Ltd TSE:8367
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nanto 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1973.00/513.169
=3.84

* 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.

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

For example, Nanto 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)
=153.258/112.7000*112.7000
=153.258

Current CPI (Mar. 2026) = 112.7000.

Nanto Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 129.158 98.100 148.380
201609 146.314 98.000 168.261
201612 147.231 98.400 168.627
201703 130.142 98.100 149.511
201706 123.741 98.500 141.580
201709 94.654 98.800 107.971
201712 112.400 99.400 127.439
201803 88.650 99.200 100.714
201806 91.938 99.200 104.450
201809 93.129 99.900 105.061
201812 104.562 99.700 118.196
201903 127.242 99.700 143.833
201906 102.253 99.800 115.470
201909 116.859 100.100 131.569
201912 121.781 100.500 136.564
202003 88.969 100.300 99.968
202006 116.426 99.900 131.343
202009 100.494 99.900 113.370
202012 109.135 99.300 123.862
202103 108.430 99.900 122.323
202106 111.900 99.500 126.745
202109 106.213 100.100 119.582
202112 117.067 100.100 131.803
202203 109.205 101.100 121.735
202206 114.552 101.800 126.817
202209 113.206 103.100 123.747
202212 107.325 104.100 116.191
202303 52.639 104.400 56.824
202306 106.416 105.200 114.003
202309 113.597 106.200 120.550
202312 117.743 106.800 124.248
202403 133.120 107.200 139.950
202406 130.342 108.200 135.763
202409 138.305 108.900 143.131
202412 142.057 110.700 144.624
202503 137.181 111.100 139.157
202506 141.313 111.700 142.578
202509 137.169 112.000 138.026
202512 154.880 113.000 154.469
202603 153.258 112.700 153.258

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 3.84 mean?
Nanto Bank (TSE:8367) has a Cyclically Adjusted PS Ratio of 3.84 as of Sep. 16, 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 Nanto Bank and its competitors. This is 259% above median its historical median of 1.07. Over the past decade, Nanto Bank's Cyclically Adjusted PS Ratio has ranged from 0.69 to 4.17. According to the industry distribution chart, Nanto Bank ranks #844 out of 1301 companies in the Banks industry, placing it in the top 64.9%.
Is Nanto Bank's Cyclically Adjusted PS Ratio too high?
Nanto Bank's current Cyclically Adjusted PS Ratio of 3.84 is 259% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.17. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. Nanto Bank's value of 3.84 is 11.3% above this industry median. Based on the distribution chart, Nanto Bank ranks #844 out of 1301 companies in the Banks industry, which is below the industry midpoint. Overall, Nanto Bank has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanto Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Nanto Bank ranks #844 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Nanto Bank in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.45. Nanto Bank's value of 3.84 is 11.3% above this benchmark. Historically, Nanto Bank's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 4.17 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 3.45, Nanto 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 3.45, 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. Nanto Bank's current Cyclically Adjusted PS Ratio of 3.84 is 11.3% 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 Nanto Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanto Bank's current Cyclically Adjusted PS Ratio is 3.84, which is 259% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanto Bank stock overvalued right now?
Based on GuruFocus' analysis, Nanto Bank (TSE:8367) is currently considered Significantly Overvalued. The stock's GF Value™ is 円892.72, compared to a current price of 円1,973.00 — trading 121% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.84, which is 259% above median its 10-year median of 1.07 and 11.3% above the Banks industry median of 3.45. Nanto Bank's overall GF Score™ is 49/100 with 6 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 Nanto Bank (TSE:8367), the current Cyclically Adjusted PS Ratio is 3.84 as of Sep. 16, 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 Nanto Bank (TSE:8367) Overvalued in 2026?

Based on GuruFocus' analysis, Nanto Bank stock appears to be overvalued. The current stock price of 円1,973.00 is trading 121% above its estimated GF Value™ of 円892.72. GuruFocus considers Nanto Bank to be Significantly Overvalued.

Key valuation signals for TSE:8367:

  • Cyclically Adjusted PS Ratio: 3.84 (259% above median its 10-year median of 1.07)
  • GF Value™: 円892.72 vs. price of 円1,973.00 (121% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 11.3% above the Banks median (#844 of 1301)

No single metric tells the full story. See the TSE:8367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanto Bank Business Description

Address 16 Hashimoto-cho, Nara, JPN, 630-8677
Nanto Bank Ltd is a Japanese regional bank operating primarily in the Nara Prefecture, but extending to neighboring prefectures in Japan. The bank reports earnings through two segments: banking and securities, and leasing. It also operates a credit guarantee, computer software development and service, and a credit card business. The bank's strategy emphasizes regional market penetration. Most of the bank's earning assets are in loans and bills discounted and securities. Nanto Bank generates a majority of income through net interest income, followed by fees and commissions.
49GF Score

Get the complete analysis for TSE:8367

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

円1,973.00
Price
円892.72
GF Value