Juroku Bank (NGO:8356) Tax Rate %: 32.10% (As of Sep. 2021)

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NGO:8356 Juroku Bank Ltd NGO:8356
12 GF Score
Price 円1,686.00
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What is Juroku Bank Tax Rate %?

Juroku Bank NGO:8356 12 Tax Rate % is 32.10% as of Sep. 2021. GuruFocus rates NGO:8356 with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Juroku Bank's Tax Expense for the three months ended in Sep. 2021 was 円1,950 Mil. Juroku Bank's Pre-Tax Income for the three months ended in Sep. 2021 was 円6,075 Mil. Therefore, Juroku Bank's Tax Rate % for the quarter that ended in Sep. 2021 was 32.10%.

Juroku Bank Tax Rate % Related Terms

Juroku Bank Tax Rate % Historical Data

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The historical data trend for Juroku Bank's Tax Rate % 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.

Juroku Bank Tax Rate % Chart

Juroku Bank Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.18 23.13 30.43 31.44 31.83

Juroku Bank Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Tax Rate % 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 37.07 26.24 37.41 27.13 32.10
NGO:8356
12GF Score
Juroku Bank Ltd NGO:8356
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Juroku Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Juroku Bank's Tax Rate % for the fiscal year that ended in Mar. 2021 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2021 )/Pre-Tax Income (A: Mar. 2021 )
=7169/22524
=31.83 %

Juroku Bank's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2021 )/Pre-Tax Income (Q: Sep. 2021 )
=1950/6075
=32.10 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 32.10% mean?
Juroku Bank (NGO:8356) has a Tax Rate % of 32.10% as of Sep. 2021.
Is Juroku Bank's Tax Rate % too high?
Juroku Bank's current Tax Rate % is 32.10%. Overall, Juroku Bank has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Juroku Bank's Tax Rate % compare to USB and TFC?
Juroku Bank's Tax Rate % of 32.10% 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 Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Juroku Bank's current Tax Rate % is 32.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Juroku Bank stock overvalued right now?
Juroku Bank (NGO:8356) has a current Tax Rate % of 32.10%. The current Tax Rate % is 32.10%. Juroku Bank's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Juroku Bank (NGO:8356), the current Tax Rate % is 32.10% as of Sep. 2021. 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.

Juroku Bank Business Description

Address 8-26, Kandamachi, Gifu, JPN, 500-8516
Juroku Bank Ltd is a Japanese bank that focuses its operational efforts on the industrial center of the Chubu region of Japan, particularly the Gifu prefecture. Loans and bills discounted constitute a majority of the bank's earning assets. An overwhelming majority of its loan portfolio is related to loans on deeds. its deposit base is split nearly evenly between time deposits and ordinary deposits. Securities also constitute a sizable portion of earning assets, mostly related to national government bonds and other securities. Net interest income and income on lease transactions and installment receivables drive a majority of the bank's income generation.
12GF Score

Get the complete analysis for NGO:8356

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,686.00
Price