Shikoku Bank (TSE:8387) Cyclically Adjusted PS Ratio: 2.89 (As of Aug. 05, 2026) — 198% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:8387 Shikoku Bank Ltd TSE:8387
45 GF Score
Price 円3,345.00
GF Value 円1,376.19
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Shikoku Bank Cyclically Adjusted PS Ratio?

Shikoku Bank TSE:8387 -0.45% 45 Cyclically Adjusted PS Ratio is 2.89 as of Aug. 05, 2026, which is 198% above its 10-year median of 0.97. GuruFocus rates TSE:8387 with a GF Score™ of 45/100 and a GF Value™ of 円1,376.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,299 Banks companies, Shikoku Bank ranks better than 58.51% on this metric.

As of today (2026-08-05), Shikoku Bank's current share price is 円3345.00. Shikoku Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,158.83. Shikoku Bank's Cyclically Adjusted PS Ratio for today is 2.89.

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

TSE:8387' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.97   Max: 2.99
Current: 2.99

During the past years, Shikoku Bank's highest Cyclically Adjusted PS Ratio was 2.99. The lowest was 0.64. And the median was 0.97.

TSE:8387's Cyclically Adjusted PS Ratio is ranked better than
58.51% of 1299 companies
in the Banks industry
Industry Median: 3.41 vs TSE:8387: 2.99

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.

Shikoku Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was 円453.333. 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1,158.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shikoku Bank  (TSE:8387) 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.


Shikoku Bank Cyclically Adjusted PS Ratio Related Terms


Shikoku Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shikoku 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.

Shikoku Bank Cyclically Adjusted PS Ratio Chart

Shikoku 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 0.77 0.85 1.14 1.08 1.94

Shikoku 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 1.08 0.99 1.35 1.54 1.94

Shikoku Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Shikoku 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.


Shikoku Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8387
45GF Score
Shikoku Bank Ltd TSE:8387
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shikoku 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3345.00/1158.83
=2.89

* 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.

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

For example, Shikoku 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)
=453.333/112.7000*112.7000
=453.333

Current CPI (Mar. 2026) = 112.7000.

Shikoku Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 245.363 98.100 281.880
201609 223.929 98.000 257.518
201612 305.650 98.400 350.069
201703 250.093 98.100 287.314
201706 275.068 98.500 314.722
201709 225.194 98.800 256.876
201712 248.764 99.400 282.049
201803 203.630 99.200 231.342
201806 266.065 99.200 302.273
201809 185.048 99.900 208.758
201812 228.063 99.700 257.800
201903 240.904 99.700 272.316
201906 216.265 99.800 244.219
201909 212.333 100.100 239.060
201912 237.222 100.500 266.019
202003 199.150 100.300 223.771
202006 218.282 99.900 246.250
202009 211.854 99.900 238.998
202012 228.029 99.300 258.800
202103 213.680 99.900 241.058
202106 244.959 99.500 277.456
202109 202.252 100.100 227.710
202112 221.281 100.100 249.135
202203 266.185 101.100 296.727
202206 425.290 101.800 470.827
202209 287.962 103.100 314.775
202212 258.331 104.100 279.672
202303 383.278 104.400 413.749
202306 344.551 105.200 369.115
202309 259.883 106.200 275.789
202312 281.472 106.800 297.021
202403 283.756 107.200 298.314
202406 273.184 108.200 284.546
202409 274.504 108.900 284.083
202412 268.405 110.700 273.254
202503 311.455 111.100 315.940
202506 296.361 111.700 299.014
202509 286.699 112.000 288.491
202512 359.171 113.000 358.217
202603 453.333 112.700 453.333

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 2.89 mean?
Shikoku Bank (TSE:8387) has a Cyclically Adjusted PS Ratio of 2.89 as of Aug. 05, 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 Shikoku Bank and its competitors. This is 198% above median its historical median of 0.97. Over the past decade, Shikoku Bank's Cyclically Adjusted PS Ratio has ranged from 0.64 to 2.99. According to the industry distribution chart, Shikoku Bank ranks #539 out of 1299 companies in the Banks industry, placing it in the top 41.5%.
Is Shikoku Bank's Cyclically Adjusted PS Ratio too high?
Shikoku Bank's current Cyclically Adjusted PS Ratio of 2.89 is 198% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.99. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Shikoku Bank's value of 2.89 is 15.2% below this industry median. Based on the distribution chart, Shikoku Bank ranks #539 out of 1299 companies in the Banks industry, which is above the industry midpoint. Overall, Shikoku Bank has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shikoku Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Shikoku Bank ranks #539 out of 1299 companies for Cyclically Adjusted PS Ratio. This puts Shikoku Bank in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Shikoku Bank's value of 2.89 is 15.2% below this benchmark. Historically, Shikoku Bank's own Cyclically Adjusted PS Ratio has ranged from 0.64 to 2.99 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 3.41, Shikoku 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 3.41, based on 1,299 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. Shikoku Bank's current Cyclically Adjusted PS Ratio of 2.89 is 15.2% 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 Shikoku Bank 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. Shikoku Bank's current Cyclically Adjusted PS Ratio is 2.89, which is 198% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shikoku Bank stock overvalued right now?
Based on GuruFocus' analysis, Shikoku Bank (TSE:8387) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,376.19, compared to a current price of 円3,345.00 — trading 143.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.89, which is 198% above median its 10-year median of 0.97 and 15.2% below the Banks industry median of 3.41. Shikoku Bank's overall GF Score™ is 45/100 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 Shikoku Bank (TSE:8387), the current Cyclically Adjusted PS Ratio is 2.89 as of Aug. 05, 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 Shikoku Bank (TSE:8387) Overvalued in 2026?

Based on GuruFocus' analysis, Shikoku Bank stock appears to be overvalued. The current stock price of 円3,345.00 is trading 143.1% above its estimated GF Value™ of 円1,376.19. GuruFocus considers Shikoku Bank to be Significantly Overvalued.

Key valuation signals for TSE:8387:

  • Cyclically Adjusted PS Ratio: 2.89 (198% above median its 10-year median of 0.97)
  • GF Value™: 円1,376.19 vs. price of 円3,345.00 (143.1% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 15.2% below the Banks median (#539 of 1299)

No single metric tells the full story. See the TSE:8387 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shikoku Bank Business Description

Address 1-1-1 Minami-Harimayacho, Kochi, JPN, 780-8605
Shikoku Bank Ltd Operates as a regional bank providing banking services to individual and corporate customers. The company offers banking services such as deposits, loans, and foreign exchange transactions. It also provides financial services such as leasing and letter of credit among others.
45GF Score

Get the complete analysis for TSE:8387

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

円3,345.00
Price
円1,376.19
GF Value