The Tottori Bank (TSE:8383) Cyclically Adjusted Revenue per Share: 円1,483.44 (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:8383 The Tottori Bank Ltd TSE:8383
65 GF Score
Price 円1,861.00
GF Value 円1,501.72
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is The Tottori Bank Cyclically Adjusted Revenue per Share?

The Tottori Bank TSE:8383 +1.81% 65 Cyclically Adjusted Revenue per Share is 円1,483.44 as of Mar. 2026. GuruFocus rates TSE:8383 with a GF Score™ of 65/100 and a GF Value™ of 円1,501.72 (Modestly Overvalued). The stock has 1 warning sign 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 Tottori Bank's adjusted revenue per share for the three months ended in Mar. 2026 was 円413.719. 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1,483.44 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% 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 Tottori Bank was 0.40% per year. The lowest was -1.10% per year. And the median was -0.50% per year.

As of today (2026-08-07), The Tottori Bank's current stock price is 円1861.00. The Tottori Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,483.44. The Tottori Bank's Cyclically Adjusted PS Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Tottori Bank was 1.34. The lowest was 0.67. And the median was 0.89.


The Tottori Bank  (TSE:8383) 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 Tottori Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1861.00/1483.44
=1.25

* 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 Tottori Bank was 1.34. The lowest was 0.67. And the median was 0.89.


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 Tottori Bank Cyclically Adjusted Revenue per Share Related Terms


The Tottori Bank Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Tottori Bank'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 Tottori Bank Cyclically Adjusted Revenue per Share Chart

The Tottori Bank 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 1,477.11 1,465.66 1,459.83 1,483.78 1,483.44

The Tottori Bank 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 1,483.78 0.00 0.00 0.00 1,483.44

The Tottori Bank Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, The Tottori 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.


The Tottori Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


TSE:8383
65GF Score
The Tottori Bank Ltd TSE:8383
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Tottori Bank 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 Tottori 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)
=413.719/112.7000*112.7000
=413.719

Current CPI (Mar. 2026) = 112.7000.

The Tottori Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 359.774 97.900 414.163
201606 406.257 98.100 466.719
201609 363.442 98.000 417.958
201612 397.181 98.400 454.901
201703 297.566 98.100 341.852
201706 640.363 98.500 732.679
201709 83.075 98.800 94.763
201712 396.369 99.400 449.404
201803 288.841 99.200 328.149
201806 352.307 99.200 400.252
201809 358.996 99.900 404.993
201812 310.091 99.700 350.524
201903 288.018 99.700 325.573
201906 374.559 99.800 422.974
201909 284.387 100.100 320.184
201912 297.629 100.500 333.759
202003 297.020 100.300 333.740
202006 306.345 99.900 345.596
202009 299.156 99.900 337.486
202012 315.390 99.300 357.950
202103 310.371 99.900 350.138
202106 334.864 99.500 379.288
202109 295.770 100.100 333.000
202112 316.279 100.100 356.090
202203 280.282 101.100 312.441
202206 337.464 101.800 373.597
202209 322.401 103.100 352.421
202212 321.013 104.100 347.533
202303 317.381 104.400 342.613
202306 336.966 105.200 360.989
202309 349.108 106.200 370.475
202312 327.030 106.800 345.096
202403 368.376 107.200 387.276
202406 369.491 108.200 384.858
202409 445.133 108.900 460.666
202503 0.000 111.100 0.000
202506 372.053 111.700 375.384
202509 360.188 112.000 362.439
202512 402.393 113.000 401.325
202603 413.719 112.700 413.719

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1,483.44 mean?
The Tottori Bank (TSE:8383) has a Cyclically Adjusted Revenue per Share of 円1,483.44 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 Tottori Bank and its competitors.
Is The Tottori Bank's Cyclically Adjusted Revenue per Share too high?
The Tottori Bank's current Cyclically Adjusted Revenue per Share is 円1,483.44. Overall, The Tottori Bank has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Tottori Bank's Cyclically Adjusted Revenue per Share compare to competitors?
The Tottori Bank's Cyclically Adjusted Revenue per Share of 円1,483.44 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 Tottori Bank and its competitors. The Tottori Bank's current Cyclically Adjusted Revenue per Share is 円1,483.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Tottori Bank stock overvalued right now?
Based on GuruFocus' analysis, The Tottori Bank (TSE:8383) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,501.72, compared to a current price of 円1,861.00 — trading 23.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,483.44. The Tottori Bank's overall GF Score™ is 65/100 with 1 warning sign 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 Tottori Bank (TSE:8383), the current Cyclically Adjusted Revenue per Share is 円1,483.44 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 Tottori Bank (TSE:8383) Overvalued in 2026?

Based on GuruFocus' analysis, The Tottori Bank stock appears to be overvalued. The current stock price of 円1,861.00 is trading 23.9% above its estimated GF Value™ of 円1,501.72. GuruFocus considers The Tottori Bank to be Modestly Overvalued.

Key valuation signals for TSE:8383:

  • Cyclically Adjusted Revenue per Share: 円1,483.44
  • GF Value™: 円1,501.72 vs. price of 円1,861.00 (23.9% above fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the TSE:8383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Tottori Bank Business Description

Address 171 Eiraku-Onsencho, Tottori, JPN, 680-8686
The Tottori Bank Ltd is a Japan-based bank mainly engaged in the banking business. The bank offers the general account, and ordinary, savings, funded time, periodical, property and tax reserve deposit, foreign currency accounts. In addition, it also advances card, and business loans, as well as loan-related services. Further, it also provides automated teller machine special interest time deposit, foreign exchange services, individual annuity, medical, life, periodic, cancer, and revenue protection insurance services.
65GF Score

Get the complete analysis for TSE:8383

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

円1,861.00
Price
円1,501.72
GF Value