San-in Godo Bank (TSE:8381) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:8381 San-in Godo Bank Ltd TSE:8381
44 GF Score
Price 円2,600.00
GF Value 円1,447.18
Valuation Significantly Overvalued
! 6 Warning Signs
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What is San-in Godo Bank Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


San-in Godo Bank  (TSE:8381) 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.


San-in Godo Bank Cyclically Adjusted PS Ratio Related Terms


San-in Godo Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for San-in Godo 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.

San-in Godo Bank Cyclically Adjusted PS Ratio Chart

San-in Godo 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 1.18 1.32 2.05 2.07 2.64

San-in Godo 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 1.88 2.14 2.28 2.63 3.39

San-in Godo Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, San-in Godo 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.


San-in Godo Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8381
44GF Score
San-in Godo Bank Ltd TSE:8381
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San-in Godo 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.

San-in Godo Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, San-in Godo Bank's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=242.972/113.6000*113.6000
=242.972

Current CPI (Jun. 2026) = 113.6000.

San-in Godo Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 123.360 98.000 142.997
201612 131.658 98.400 151.995
201703 127.008 98.100 147.076
201706 132.525 98.500 152.841
201709 128.376 98.800 147.606
201712 128.491 99.400 146.847
201803 132.073 99.200 151.245
201806 127.837 99.200 146.394
201809 129.633 99.900 147.410
201812 132.866 99.700 151.390
201903 137.254 99.700 156.390
201906 130.857 99.800 148.951
201909 126.050 100.100 143.050
201912 126.710 100.500 143.226
202003 141.927 100.300 160.747
202006 127.077 99.900 144.504
202009 131.673 99.900 149.730
202012 131.719 99.300 150.688
202103 142.059 99.900 161.541
202106 129.640 99.500 148.011
202109 145.825 100.100 165.492
202112 137.736 100.100 156.312
202203 160.615 101.100 180.473
202206 177.297 101.800 197.848
202209 144.152 103.100 158.833
202212 140.384 104.100 153.195
202303 188.503 104.400 205.114
202306 149.163 105.200 161.073
202309 169.337 106.200 181.136
202312 182.208 106.800 193.809
202403 179.499 107.200 190.215
202406 165.709 108.200 173.979
202409 190.960 108.900 199.202
202412 171.388 110.700 175.878
202503 206.399 111.100 211.043
202506 176.575 111.700 179.579
202509 195.435 112.000 198.227
202512 186.531 113.000 187.521
202603 221.969 112.700 223.742
202606 242.972 113.600 242.972

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.

Is San-in Godo Bank (TSE:8381) Overvalued in 2026?

Based on GuruFocus' analysis, San-in Godo Bank stock appears to be overvalued. The current stock price of 円2,600.00 is trading 79.7% above its estimated GF Value™ of 円1,447.18. GuruFocus considers San-in Godo Bank to be Significantly Overvalued.

Key valuation signals for TSE:8381:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,447.18 vs. price of 円2,600.00 (79.7% above fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the TSE:8381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San-in Godo Bank Business Description

Address 10 Uomachi, Matsue, Shimane, JPN, 6900062
San-in Godo Bank Ltd is a Japanese bank group that operates in the San-in region of western Honshu. It also has a presence in the neighboring Sanyo region and the Hyogo prefecture. The group has two reportable service segments: banking and leasing. Banking constitutes a majority of the group's activities and consists of a deposit, loan, securities investment, and exchange business. The group also engages in a credit guarantee business. Loans and bills discounted and securities constitute a majority of the bank's earning assets.
44GF Score

Get the complete analysis for TSE:8381

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

円2,600.00
Price
円1,447.18
GF Value