The Bank of Toyama (TSE:8365) Cyclically Adjusted Revenue per Share: 円1,920.88 (As of Mar. 2026)

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:8365 The Bank of Toyama Ltd TSE:8365
66 GF Score
Price 円2,371.00
GF Value 円2,227.11
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is The Bank of Toyama Cyclically Adjusted Revenue per Share?

The Bank of Toyama TSE:8365 +1.45% 66 Cyclically Adjusted Revenue per Share is 円1,920.88 as of Mar. 2026. GuruFocus rates TSE:8365 with a GF Score™ of 66/100 and a GF Value™ of 円2,227.11 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

The Bank of Toyama's adjusted revenue per share for the three months ended in Mar. 2026 was 円703.676. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is 円1,920.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Bank of Toyama's average Cyclically Adjusted Revenue Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of The Bank of Toyama was 2.10% per year. The lowest was -0.50% per year. And the median was 0.50% per year.

As of today (2026-08-08), The Bank of Toyama's current stock price is 円2371.00. The Bank of Toyama's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,920.88. The Bank of Toyama's Cyclically Adjusted PS Ratio of today is 1.23.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Bank of Toyama was 2.57. The lowest was 0.71. And the median was 1.19.


The Bank of Toyama  (TSE:8365) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

The Bank of Toyama's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2371.00/1920.88
=1.23

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Bank of Toyama was 2.57. The lowest was 0.71. And the median was 1.19.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


The Bank of Toyama Cyclically Adjusted Revenue per Share Related Terms


The Bank of Toyama Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Bank of Toyama's Cyclically Adjusted Revenue per Share 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.

The Bank of Toyama Cyclically Adjusted Revenue per Share Chart

The Bank of Toyama Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,757.41 1,811.58 1,828.71 1,869.05 1,920.88

The Bank of Toyama Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 1,869.05 0.00 0.00 0.00 1,920.88

The Bank of Toyama Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, The Bank of Toyama'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.


The Bank of Toyama Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8365
66GF Score
The Bank of Toyama Ltd TSE:8365
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Bank of Toyama Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, The Bank of Toyama'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)
=703.676/112.7000*112.7000
=703.676

Current CPI (Mar. 2026) = 112.7000.

The Bank of Toyama Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 493.098 97.900 567.642
201606 466.311 98.100 535.711
201609 401.436 98.000 461.651
201612 393.521 98.400 450.710
201703 330.817 98.100 380.052
201706 453.324 98.500 518.676
201709 407.769 98.800 465.137
201712 424.337 99.400 481.114
201803 339.838 99.200 386.086
201806 469.343 99.200 533.215
201809 390.168 99.900 440.159
201812 366.047 99.700 413.776
201903 343.583 99.700 388.383
201906 507.457 99.800 573.050
201909 442.297 100.100 497.971
201912 357.932 100.500 401.382
202003 785.017 100.300 882.068
202006 488.402 99.900 550.980
202009 344.923 99.900 389.117
202012 366.446 99.300 415.896
202103 425.524 99.900 480.046
202106 410.488 99.500 464.945
202109 336.765 100.100 379.155
202112 391.360 100.100 440.622
202203 334.992 101.100 373.428
202206 727.306 101.800 805.181
202209 468.785 103.100 512.435
202212 379.017 104.100 410.329
202303 346.140 104.400 373.659
202306 412.341 105.200 441.738
202309 390.406 106.200 414.301
202312 610.035 106.800 643.735
202403 380.742 107.200 400.276
202406 404.024 108.200 420.827
202409 386.871 108.900 400.371
202503 0.000 111.100 0.000
202506 608.156 111.700 613.601
202509 418.949 112.000 421.567
202512 555.326 113.000 553.852
202603 703.676 112.700 703.676

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of 円1,920.88 mean?
The Bank of Toyama (TSE:8365) has a Cyclically Adjusted Revenue per Share of 円1,920.88 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Bank of Toyama and its competitors.
Is The Bank of Toyama's Cyclically Adjusted Revenue per Share too high?
The Bank of Toyama's current Cyclically Adjusted Revenue per Share is 円1,920.88. Overall, The Bank of Toyama has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Bank of Toyama's Cyclically Adjusted Revenue per Share compare to competitors?
The Bank of Toyama's Cyclically Adjusted Revenue per Share of 円1,920.88 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Bank of Toyama and its competitors. The Bank of Toyama's current Cyclically Adjusted Revenue per Share is 円1,920.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Bank of Toyama stock overvalued right now?
Based on GuruFocus' analysis, The Bank of Toyama (TSE:8365) is currently considered Fairly Valued. The stock's GF Value™ is 円2,227.11, compared to a current price of 円2,371.00 — trading 6.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,920.88. The Bank of Toyama's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For The Bank of Toyama (TSE:8365), the current Cyclically Adjusted Revenue per Share is 円1,920.88 as of Mar. 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 The Bank of Toyama (TSE:8365) Overvalued in 2026?

Based on GuruFocus' analysis, The Bank of Toyama stock appears to be overvalued. The current stock price of 円2,371.00 is trading 6.5% above its estimated GF Value™ of 円2,227.11. GuruFocus considers The Bank of Toyama to be Fairly Valued.

Key valuation signals for TSE:8365:

  • Cyclically Adjusted Revenue per Share: 円1,920.88
  • GF Value™: 円2,227.11 vs. price of 円2,371.00 (6.5% above fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the TSE:8365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Bank of Toyama Business Description

Address 22 Moriyama-machi, Toyama Prefecture, Takaoka, JPN, 933-8606
The Bank of Toyama Ltd provides banking and financial services to customers. It offers services like time deposit, savings deposit, mutual fund, insurance, housing loan, car loan, education loan, and others.
66GF Score

Get the complete analysis for TSE:8365

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

円2,371.00
Price
円2,227.11
GF Value