Hokuhoku Financial Group (TSE:8377) Cyclically Adjusted Revenue per Share: 円1,352.99 (As of Mar. 2026)

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TSE:8377 Hokuhoku Financial Group Inc TSE:8377
50 GF Score
Price 円8,005.00
GF Value 円3,390.48
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hokuhoku Financial Group Cyclically Adjusted Revenue per Share?

Hokuhoku Financial Group TSE:8377 +3.77% 50 Cyclically Adjusted Revenue per Share is 円1,352.99 as of Mar. 2026. GuruFocus rates TSE:8377 with a GF Score™ of 50/100 and a GF Value™ of 円3,390.48 (Significantly Overvalued). The stock has 5 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.

Hokuhoku Financial Group's adjusted revenue per share for the three months ended in Mar. 2026 was 円498.121. 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1,352.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hokuhoku Financial Group's average Cyclically Adjusted Revenue Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.20% 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 Hokuhoku Financial Group was 3.20% per year. The lowest was -1.80% per year. And the median was 0.30% per year.

As of today (2026-07-28), Hokuhoku Financial Group's current stock price is 円8005.00. Hokuhoku Financial Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,352.99. Hokuhoku Financial Group's Cyclically Adjusted PS Ratio of today is 5.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hokuhoku Financial Group was 5.92. The lowest was 0.57. And the median was 0.96.


Hokuhoku Financial Group  (TSE:8377) 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.

Hokuhoku Financial Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8005.00/1352.99
=5.92

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Hokuhoku Financial Group was 5.92. The lowest was 0.57. And the median was 0.96.


Be Aware

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


Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Related Terms


Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Hokuhoku Financial Group'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.

Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Chart

Hokuhoku Financial Group 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 1,211.53 1,232.19 1,258.65 1,302.94 1,352.99

Hokuhoku Financial Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1,302.94 1,309.01 1,322.32 1,339.06 1,352.99

Hokuhoku Financial Group Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, Hokuhoku Financial Group'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.


Hokuhoku Financial Group Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where Hokuhoku Financial Group's Cyclically Adjusted PS Ratio falls into.


TSE:8377
50GF Score
Hokuhoku Financial Group Inc TSE:8377
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuhoku Financial Group 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, Hokuhoku Financial Group'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)
=498.121/112.7000*112.7000
=498.121

Current CPI (Mar. 2026) = 112.7000.

Hokuhoku Financial Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 306.550 98.100 352.173
201609 297.394 98.000 342.003
201612 331.527 98.400 379.706
201703 258.412 98.100 296.871
201706 314.629 98.500 359.987
201709 260.350 98.800 296.978
201712 305.640 99.400 346.535
201803 243.142 99.200 276.231
201806 296.440 99.200 336.782
201809 282.823 99.900 319.061
201812 286.457 99.700 323.808
201903 283.091 99.700 320.004
201906 290.548 99.800 328.104
201909 280.649 100.100 315.975
201912 289.987 100.500 325.189
202003 283.029 100.300 318.020
202006 295.063 99.900 332.869
202009 274.262 99.900 309.403
202012 279.693 99.300 317.436
202103 281.436 99.900 317.496
202106 297.415 99.500 336.871
202109 276.469 100.100 311.269
202112 324.125 100.100 364.924
202203 258.898 101.100 288.603
202206 360.526 101.800 399.128
202209 279.900 103.100 305.962
202212 279.451 104.100 302.537
202303 295.496 104.400 318.988
202306 288.602 105.200 309.177
202309 344.018 106.200 365.074
202312 331.196 106.800 349.492
202403 265.217 107.200 278.824
202406 304.306 108.200 316.962
202409 341.698 108.900 353.621
202412 325.902 110.700 331.790
202503 370.296 111.100 375.629
202506 379.536 111.700 382.934
202509 425.201 112.000 427.859
202512 398.590 113.000 397.532
202603 498.121 112.700 498.121

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1,352.99 mean?
Hokuhoku Financial Group (TSE:8377) has a Cyclically Adjusted Revenue per Share of 円1,352.99 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 Hokuhoku Financial Group and its competitors.
Is Hokuhoku Financial Group's Cyclically Adjusted Revenue per Share too high?
Hokuhoku Financial Group's current Cyclically Adjusted Revenue per Share is 円1,352.99. Overall, Hokuhoku Financial Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuhoku Financial Group's Cyclically Adjusted Revenue per Share compare to competitors?
Hokuhoku Financial Group's Cyclically Adjusted Revenue per Share of 円1,352.99 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 Hokuhoku Financial Group and its competitors. Hokuhoku Financial Group's current Cyclically Adjusted Revenue per Share is 円1,352.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuhoku Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Hokuhoku Financial Group (TSE:8377) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,390.48, compared to a current price of 円8,005.00 — trading 136.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,352.99. Hokuhoku Financial Group's overall GF Score™ is 50/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Hokuhoku Financial Group (TSE:8377), the current Cyclically Adjusted Revenue per Share is 円1,352.99 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 Hokuhoku Financial Group (TSE:8377) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuhoku Financial Group stock appears to be overvalued. The current stock price of 円8,005.00 is trading 136.1% above its estimated GF Value™ of 円3,390.48. GuruFocus considers Hokuhoku Financial Group to be Significantly Overvalued.

Key valuation signals for TSE:8377:

  • Cyclically Adjusted Revenue per Share: 円1,352.99
  • GF Value™: 円3,390.48 vs. price of 円8,005.00 (136.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the TSE:8377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuhoku Financial Group Business Description

Address 1-2-26 Tsutsumichodori, Toyama Prefecture, Toyama, JPN, 930-8637
Hokuhoku Financial Group Inc is a Japan-based company that is principally engaged in banking and the provision of other financial services. The company was established through the integration of Hokuriku Bank and Hokkaido Bank. The company operates mainly through the branch networks of Hokuriku Bank and Hokkaido Bank in certain areas of Japan. Its business is concentrated in Japan, with the majority of revenue generated from the domestic market. The company also has a business presence in overseas cities such as Shanghai, Shenyang, Dalian, Bangkok, Singapore, London, and New York.
50GF Score

Get the complete analysis for TSE:8377

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

円8,005.00
Price
円3,390.48
GF Value