Mizuho Financial Group, Inc.

MFG Financial Banks Regional

Mizuho Financial Group, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $56.2 billion, up 7.65% from fiscal 2025.

Revenue
+12.6%
EPS
+54.7%
Free cash flow
+15.8%
Total debt
+15.0%

Quarter to June 2026, against a year earlier

9.42 0.38 −3.88%
Market cap
$113.1B
P/E
2.1×
Fwd P/E
12.7×
Dividend yield
0.96%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Mizuho Financial Group, Inc. (MFG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Mizuho Financial Group, Inc. (MFG) trades at a P/B ratio of 0.2×. Over the past ten years it has ranged from 0.0× (September 2022) to 0.8× (March 2024); the current reading is higher than 20% of that period. That is below the Banks Regional industry median of 1.2× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 0.1× 36.00%
FY2025 0.1× (86.19%)
FY2024 0.7× 38.96%
FY2023 0.5× 19.22%
FY2022 0.4× (1.00%)
FY2021 0.4× 18.78%
FY2020 0.4× (17.15%)
FY2019 0.4× (17.30%)
FY2018 0.5× (3.57%)
FY2017 0.6× 19.25%

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.2× 68.14%
Jun 2025 0.1× (87.20%)
Jun 2024 0.7× 13.48%
Sep 2023 0.7× 1,075.76%
21 more quarters

Against its own ten years

Low 0.0× High 0.8×
Ten-year median 0.5×
Current reading's percentile 22

P/B ratio against peers

Company P/B ratio
MFG Mizuho Financial Group, Inc. 0.2×
DB Deutsche Bank Aktiengesellschaft compare 0.7×
TFC Truist Financial Corporation compare 1.1×
NWG NatWest Group plc compare 1.1×
LYG Lloyds Banking Group PLC compare 1.2×
PNC The PNC Financial Services Group, Inc compare 1.5×
USB U.S. Bancorp compare 1.6×
HDB HDFC Bank Limited compare 1.9×
IBN ICICI Bank Limited compare 2.7×
Banks Regional industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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