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The Tottori BankTSE:8383 -3.57%65 Piotroski F-Score is 6 as of Jul. 18, 2026, which is at its 10-year median of 6.00. GuruFocus rates TSE:8383 with a GF Score™ of 65/100 and a GF Value™ of 円1,496.88 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,500 Banks companies, The Tottori Bank ranks better than 60.4% 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
The Tottori 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 The Tottori Bank's Piotroski F-Score or its related term are showing as below:
TSE:8383'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of The Tottori Bank was 8. The lowest was 3. And the median was 6.
The Tottori Bank (TSE:8383) 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.
The Tottori Bank Piotroski F-Score Related Terms
The Tottori Bank Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for The Tottori 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.
The Tottori Bank Piotroski F-Score Competitor Comparison
For the Banks - Regional subindustry, The Tottori 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.
The Tottori Bank Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, The Tottori Bank's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The Tottori 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.
The Tottori Bank's current Net Income (TTM) was 1,583.
==> 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.
The Tottori Bank's return on assets of this year was 0.00143066. The Tottori Bank's return on assets of last year was 0.0011461.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The Tottori Bank's gearing of this year was 0.0214634. The Tottori Bank's gearing of last year was 0.02136312.
==> 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.
The Tottori Bank's current ratio of this year was 1.04697318. The Tottori Bank's current ratio of last year was 1.04546056.
==> 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.
The Tottori Bank's number of shares in issue this year was 9.359. The Tottori Bank's number of shares in issue last year was 9.359.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
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.
The Tottori Bank's net margin of this year was 0.10931565. The Tottori Bank's net margin of last year was 0.09462381.
==> 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
The Tottori Bank's asset turnover of this year was 0.01308742. The Tottori Bank's asset turnover of last year was 0.01211219.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The Tottori Bank has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The Tottori Bank (TSE:8383) has a Piotroski F-Score of 6 as of Jul. 18, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The Tottori Bank and its competitors. This is near median its historical median of 6.00. Over the past decade, The Tottori Bank's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, The Tottori Bank ranks #594 out of 1500 companies in the Banks industry, placing it in the top 39.6%.
Is The Tottori Bank's Piotroski F-Score too high?
The Tottori Bank's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Banks industry median Piotroski F-Score is 6.00. The Tottori Bank's value of 6 is 0% at this industry median. Based on the distribution chart, The Tottori Bank ranks #594 out of 1500 companies in the Banks industry, which is above the industry midpoint. Overall, The Tottori Bank has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Tottori Bank's Piotroski F-Score compare to competitors?
According to the Banks industry distribution chart, The Tottori Bank ranks #594 out of 1500 companies for Piotroski F-Score. This puts The Tottori Bank in the upper half of its industry. The industry median Piotroski F-Score is 6.00. The Tottori Bank's value of 6 is 0% at this benchmark. Historically, The Tottori Bank's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, The Tottori 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 1,500 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. The Tottori 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 The Tottori 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. The Tottori Bank's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. 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 Fairly Valued. The stock's GF Value™ is 円1,496.88, compared to a current price of 円1,595.00 — trading 6.6% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Banks industry median of 6.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For The Tottori Bank (TSE:8383), the current Piotroski F-Score is 6 as of Jul. 18, 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1,595.00 is trading 6.6% above its estimated GF Value™ of 円1,496.88.
GuruFocus considers The Tottori Bank to be Fairly Valued.
Key valuation signals for TSE:8383:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: 円1,496.88 vs. price of 円1,595.00 (6.6% above fair value)
Industry Position: 0% at the Banks median (#594 of 1500)
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 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
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