SBI Shinsei BankTSE:8303 +2.55%30 Piotroski F-Score is 6 as of Jun. 29, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates TSE:8303 with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,501 Banks companies, SBI Shinsei Bank ranks better than 60.36% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
SBI Shinsei Bank has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for SBI Shinsei Bank's Piotroski F-Score or its related term are showing as below:
TSE:8303'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of SBI Shinsei Bank was 8. The lowest was 4. And the median was 5.
SBI Shinsei Bank (TSE:8303) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
SBI Shinsei Bank Piotroski F-Score Related Terms
SBI Shinsei Bank Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for SBI Shinsei Bank's Piotroski F-Score 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.
SBI Shinsei Bank Piotroski F-Score Competitor Comparison
For the Banks - Regional subindustry, SBI Shinsei Bank's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
SBI Shinsei Bank Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, SBI Shinsei Bank's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where SBI Shinsei Bank's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
SBI Shinsei Bank's current Net Income (TTM) was 113,415.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
SBI Shinsei Bank's return on assets of this year was 0.00557874. SBI Shinsei Bank's return on assets of last year was 0.00526507.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
SBI Shinsei Bank's gearing of this year was 0.13182807. SBI Shinsei Bank's gearing of last year was 0.11915946.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
SBI Shinsei Bank's current ratio of this year was 1.05245122. SBI Shinsei Bank's current ratio of last year was 1.04952084.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
SBI Shinsei Bank's number of shares in issue this year was 824.776. SBI Shinsei Bank's number of shares in issue last year was 749.748.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
SBI Shinsei Bank's net margin of this year was 0.21915857. SBI Shinsei Bank's net margin of last year was 0.19338545.
==> This year's net margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
SBI Shinsei Bank's asset turnover of this year was 0.02545526. SBI Shinsei Bank's asset turnover of last year was 0.02722577.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
SBI Shinsei Bank has an F-score of 6 indicating the company's financial situation is typical for a stable company.
SBI Shinsei Bank (TSE:8303) has a Piotroski F-Score of 6 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SBI Shinsei Bank and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, SBI Shinsei Bank's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, SBI Shinsei Bank ranks #595 out of 1501 companies in the Banks industry, placing it in the top 39.6%.
Is SBI Shinsei Bank's Piotroski F-Score too high?
SBI Shinsei Bank's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Banks industry median Piotroski F-Score is 6.00. SBI Shinsei Bank's value of 6 is 0% at this industry median. Based on the distribution chart, SBI Shinsei Bank ranks #595 out of 1501 companies in the Banks industry, which is above the industry midpoint. Overall, SBI Shinsei Bank has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does SBI Shinsei Bank's Piotroski F-Score compare to competitors?
According to the Banks industry distribution chart, SBI Shinsei Bank ranks #595 out of 1501 companies for Piotroski F-Score. This puts SBI Shinsei Bank in the upper half of its industry. The industry median Piotroski F-Score is 6.00. SBI Shinsei Bank's value of 6 is 0% at this benchmark. Historically, SBI Shinsei Bank's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 6.00, SBI Shinsei Bank has consistently been at 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 Piotroski F-Score for a Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,501 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBI Shinsei Bank's current Piotroski F-Score of 6 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on SBI Shinsei Bank and its competitors. For the Banks industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Shinsei Bank's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Shinsei Bank stock overvalued right now?
SBI Shinsei Bank (TSE:8303) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Banks industry median of 6.00. SBI Shinsei Bank's overall GF Score™ is 30/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For SBI Shinsei Bank (TSE:8303), the current Piotroski F-Score is 6 as of Jun. 29, 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.
SBI Shinsei Bank Ltd is a commercial bank in Japan. It provides a broad range of value-added financial solutions to institutional and individual customers under the banner of "Better Banking. It offers PowerFlex account, free ATM network and internet banking service, and customer-friendly financial centers have redefined the Japanese retail banking experience.
30GF Score
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