This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Shiga Bank's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円2065.797. Shiga Bank's 10-Year median PS Ratio is 1.7869. Therefore, the Median PS Value for today is 円3,691.28.
As of today (2024-05-28), Shiga Bank's share price is 円4165.00. Shiga Bank's Median PS Value is 円3,691.28. Therefore, Shiga Bank's Price to Median PS Value for today is 1.13.
The historical rank and industry rank for Shiga Bank's Median PS Value or its related term are showing as below:
TSE:8366'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.65 Med: 0.87 Max: 1.13
Current: 1.13
During the past 13 years, the highest Price to Median PS Value of Shiga Bank was 1.13. The lowest was 0.65. And the median was 0.87.
TSE:8366's Price-to-Median-PS-Value is ranked worse than 76.95% of 963
companies
in the Banks industry
Industry Median: 0.87
vs TSE:8366: 1.13
Shiga Bank Median PS Value Historical Data
The historical data trend for Shiga Bank's Median PS Value 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.
Competitive Comparison of Shiga Bank's Median PS Value
For the Banks - Regional subindustry, Shiga Bank's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Shiga Bank's Price-to-Median-PS-Value Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Shiga Bank's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Shiga Bank's Price-to-Median-PS-Value falls into.
Shiga Bank Median PS Value Calculation
Shiga Bank's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.7869.
Shiga Bank's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2065.797.
* 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.
Shiga Bank (TSE:8366) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Shiga Bank's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
4165.00
/
3,691.28
=
1.13
* 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.
Shiga Bank Median PS Value Related Terms
Thank you for viewing the detailed overview of Shiga Bank's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Shiga Bank Ltd is a Japanese bank that has a majority of its deposit and loan portfolio targeting the Shiga prefecture. The bank's strategy emphasizes regional market penetration to build and grow its current customer base. Its corporate customer acquisition strategy attempts to leverage its financial intermediary functions. Its high-net-worth client acquisition strategy emphasizes pushing trust products and inheritance tax mitigation measures such as real estate. Loans on deeds constitute an overwhelming majority of its loan portfolio. The bank's deposit base, however, is split nearly evenly between ordinary and time deposits.
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