Rakuten Bank stock: valuation and P/E
5838.TRakuten Bank trades at a P/E of 12.4 (Banks (Regional) median 12.9, own median of recent years 16.1).
Daily figure as of 13 Nov 2026
P/E on expected earnings
The forward P/E of 12.1 divides the price by the earnings per share that 8 analysts expect on average for the next twelve months: $2.83. The twelve months are made up pro rata of the estimates for fiscal 2026 and 2027.
Analysts mostly estimate adjusted earnings, excluding amortization of acquisitions and other one-off items. The estimates change all the time; they are no promise and no price target.
Against its own valuation history
Each fiscal year is shown with its P/E on the year-end date, using the price at the time.
P/E at each fiscal year end
Figures as a table
| Year | P/E |
|---|---|
| 2023 | 16.1 |
| 2024 | 22.1 |
| 2025 | 13.5 |
Price to book (P/B)
For banks and insurers the price to book ratio is the usual valuation measure. It is computed from the price on the balance sheet date and equity per share for the same fiscal year.
P/B at each fiscal year end
At the end of fiscal 2025 the price to book ratio was 2.65, against a median of 2.65 over the last 3 fiscal years. Today it is 2.41.
Figures as a table
| Year | P/B |
|---|---|
| 2023 | 2.07 |
| 2024 | 3.71 |
| 2025 | 2.65 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 13 Nov 2026, previously Strong
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.