Mizuho Beats MUFG to Become Megabank With Best Price-Book Ratio

Mizuho Financial Group Inc. has gone from the bottom to the top of the list of Japan’s three biggest banks in price-to-book ratio, as it turns around its balance sheet...

By Hideki Suzuki · Bloomberg Markets

Mizuho Financial Group Inc. has gone from the bottom to the top of the list of Japan’s three biggest banks in price-to-book ratio, as it turns around its balance sheet and boosts investor returns.