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Japan Airport Terminal Co (STU:0JA) Cyclically Adjusted PB Ratio : 2.88 (As of Jun. 06, 2024)


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What is Japan Airport Terminal Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Japan Airport Terminal Co's current share price is €32.00. Japan Airport Terminal Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €11.12. Japan Airport Terminal Co's Cyclically Adjusted PB Ratio for today is 2.88.

The historical rank and industry rank for Japan Airport Terminal Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:0JA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.33   Max: 4.4
Current: 3.13

During the past years, Japan Airport Terminal Co's highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 2.39. And the median was 3.33.

STU:0JA's Cyclically Adjusted PB Ratio is ranked worse than
82.08% of 720 companies
in the Transportation industry
Industry Median: 1.255 vs STU:0JA: 3.13

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Japan Airport Terminal Co's adjusted book value per share data for the three months ended in Dec. 2023 was €11.020. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €11.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Airport Terminal Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Japan Airport Terminal Co's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Japan Airport Terminal Co Cyclically Adjusted PB Ratio Chart

Japan Airport Terminal Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 3.50 3.45 3.88 -

Japan Airport Terminal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 3.88 3.78 3.63 3.52 -

Competitive Comparison of Japan Airport Terminal Co's Cyclically Adjusted PB Ratio

For the Airports & Air Services subindustry, Japan Airport Terminal Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


Japan Airport Terminal Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airport Terminal Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Japan Airport Terminal Co's Cyclically Adjusted PB Ratio falls into.



Japan Airport Terminal Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Japan Airport Terminal Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.00/11.12
=2.88

* 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.

Japan Airport Terminal Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Japan Airport Terminal Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.02/106.8000*106.8000
=11.020

Current CPI (Dec. 2023) = 106.8000.

Japan Airport Terminal Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.727 95.700 9.739
201406 9.122 98.000 9.941
201409 9.366 98.500 10.155
201412 8.983 97.900 9.800
201503 10.356 97.900 11.297
201506 9.909 98.400 10.755
201509 10.439 98.500 11.319
201512 10.858 98.100 11.821
201603 11.352 97.900 12.384
201606 12.132 98.100 13.208
201609 12.838 98.000 13.991
201612 12.241 98.400 13.286
201703 12.519 98.100 13.629
201706 12.313 98.500 13.351
201709 11.972 98.800 12.941
201712 12.060 99.400 12.958
201803 12.556 99.200 13.518
201806 15.070 99.200 16.225
201809 15.179 99.900 16.227
201812 15.589 99.700 16.699
201903 16.018 99.700 17.159
201906 16.571 99.800 17.733
201909 17.398 100.100 18.563
201912 17.097 100.500 18.169
202003 16.826 100.300 17.916
202006 15.418 99.900 16.483
202009 13.481 99.900 14.412
202012 12.680 99.300 13.638
202103 14.766 99.900 15.786
202106 13.861 99.500 14.878
202109 13.636 100.100 14.549
202112 13.331 100.100 14.223
202203 12.675 101.100 13.390
202206 11.415 101.800 11.976
202209 11.378 103.100 11.786
202212 11.370 104.100 11.665
202303 11.275 104.400 11.534
202306 10.723 105.200 10.886
202309 10.736 106.200 10.797
202312 11.020 106.800 11.020

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Japan Airport Terminal Co  (STU:0JA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Japan Airport Terminal Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Japan Airport Terminal Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Airport Terminal Co (STU:0JA) Business Description

Traded in Other Exchanges
Address
3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

Japan Airport Terminal Co (STU:0JA) Headlines

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