Shiga BankTSE:8366 +3.39%43 ROE % is 3.40% as of Mar. 2026, which is 5% below its 10-year median of 3.59. GuruFocus rates TSE:8366 with a GF Score™ of 43/100 and a GF Value™ of 円1,212.19 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,524 Banks companies, Shiga Bank ranks worse than 84.51% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shiga Bank's annualized net income for the quarter that ended in Mar. 2026 was 円17,092 Mil. Shiga Bank's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was 円503,247 Mil. Therefore, Shiga Bank's annualized ROE % for the quarter that ended in Mar. 2026 was 3.40%.
The historical rank and industry rank for Shiga Bank's ROE % or its related term are showing as below:
TSE:8366'
s ROE % Range Over the Past 10 Years
Min: 2.63 Med: 3.59 Max: 4.46
Current: 4.45
During the past 13 years, Shiga Bank's highest ROE % was 4.46%. The lowest was 2.63%. And the median was 3.59%.
TSE:8366's ROE % is ranked worse than 84.51% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs TSE:8366: 4.45
Shiga Bank (TSE:8366) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Shiga Bank ROE % Related Terms
Shiga Bank ROE % Historical Data
* Premium members only.
The historical data trend for Shiga Bank's ROE % 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.
For the Banks - Regional subindustry, Shiga Bank's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry
For the Banks industry and Financial Services sector, Shiga Bank's ROE % distribution charts can be found below:
* The bar in red indicates where Shiga Bank's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Shiga Bank (TSE:8366) has a ROE % of 3.40% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shiga Bank and its competitors. This is near median its historical median of 3.59. Over the past decade, Shiga Bank's ROE % has ranged from 2.63 to 4.46. According to the industry distribution chart, Shiga Bank ranks #1288 out of 1524 companies in the Banks industry, placing it in the top 84.5%.
Is Shiga Bank's ROE % too high?
Shiga Bank's current ROE % of 3.40% is near median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 4.46. The Banks industry median ROE % is 10.22. Shiga Bank's value of 3.40% is 66.7% below this industry median. Based on the distribution chart, Shiga Bank ranks #1288 out of 1524 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Shiga Bank has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiga Bank's ROE % compare to competitors?
According to the Banks industry distribution chart, Shiga Bank ranks #1288 out of 1524 companies for ROE %. This places Shiga Bank in the lower half of its industry. The industry median ROE % is 10.22. Shiga Bank's value of 3.40% is 66.7% below this benchmark. Historically, Shiga Bank's own ROE % has ranged from 2.63 to 4.46 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 10.22, Shiga Bank has consistently been below 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shiga Bank's current ROE % of 3.40% is 66.7% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shiga Bank and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiga Bank's current ROE % is 3.40%, which is near median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiga Bank stock overvalued right now?
Based on GuruFocus' analysis, Shiga Bank (TSE:8366) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,212.19, compared to a current price of 円2,412.00 — trading 99% above its estimated fair value. The current ROE % is 3.40%, which is near median its 10-year median of 3.59 and 66.7% below the Banks industry median of 10.22. Shiga Bank's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Shiga Bank (TSE:8366), the current ROE % is 3.40% 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 Shiga Bank (TSE:8366) Overvalued in 2026?
Based on GuruFocus' analysis, Shiga Bank stock appears to be overvalued.
The current stock price of 円2,412.00 is trading 99% above its estimated GF Value™ of 円1,212.19.
GuruFocus considers Shiga Bank to be Significantly Overvalued.
Key valuation signals for TSE:8366:
ROE %: 3.40% (near median its 10-year median of 3.59)
GF Value™: 円1,212.19 vs. price of 円2,412.00 (99% above fair value)
Industry Position: 66.7% below the Banks median (#1288 of 1524)
No single metric tells the full story. See the TSE:8366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
43GF Score
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