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Central Japan Railway Co (Central Japan Railway Co) Cyclically Adjusted PS Ratio : 1.85 (As of Jun. 07, 2024)


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What is Central Japan Railway Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Central Japan Railway Co's current share price is $11.08. Central Japan Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.98. Central Japan Railway Co's Cyclically Adjusted PS Ratio for today is 1.85.

The historical rank and industry rank for Central Japan Railway Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

CJPRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.08   Max: 2.97
Current: 2.08

During the past years, Central Japan Railway Co's highest Cyclically Adjusted PS Ratio was 2.97. The lowest was 1.46. And the median was 2.08.

CJPRY's Cyclically Adjusted PS Ratio is ranked worse than
75.58% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs CJPRY: 2.08

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Central Japan Railway Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.607. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $5.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Japan Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central Japan Railway Co's Cyclically Adjusted PS 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.

Central Japan Railway Co Cyclically Adjusted PS Ratio Chart

Central Japan Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 1.95 1.94 1.90 -

Central Japan Railway 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 PS 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 1.90 2.16 2.16 2.12 -

Competitive Comparison of Central Japan Railway Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Central Japan Railway Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Central Japan Railway Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Central Japan Railway Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Central Japan Railway Co's Cyclically Adjusted PS Ratio falls into.



Central Japan Railway Co Cyclically Adjusted PS Ratio Calculation

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

Central Japan Railway Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.08/5.98
=1.85

* 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.

Central Japan Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Central Japan Railway Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.607/106.8000*106.8000
=1.607

Current CPI (Dec. 2023) = 106.8000.

Central Japan Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.017 95.700 2.251
201406 1.980 98.000 2.158
201409 1.985 98.500 2.152
201412 1.855 97.900 2.024
201503 1.770 97.900 1.931
201506 1.702 98.400 1.847
201509 1.885 98.500 2.044
201512 1.888 98.100 2.055
201603 1.918 97.900 2.092
201606 2.041 98.100 2.222
201609 2.214 98.000 2.413
201612 1.980 98.400 2.149
201703 1.972 98.100 2.147
201706 2.003 98.500 2.172
201709 2.121 98.800 2.293
201712 2.136 99.400 2.295
201803 2.156 99.200 2.321
201806 2.079 99.200 2.238
201809 2.140 99.900 2.288
201812 2.227 99.700 2.386
201903 2.159 99.700 2.313
201906 2.224 99.800 2.380
201909 2.295 100.100 2.449
201912 2.300 100.500 2.444
202003 1.876 100.300 1.998
202006 0.609 99.900 0.651
202009 1.008 99.900 1.078
202012 1.300 99.300 1.398
202103 1.031 99.900 1.102
202106 0.834 99.500 0.895
202109 0.952 100.100 1.016
202112 1.337 100.100 1.426
202203 1.066 101.100 1.126
202206 1.173 101.800 1.231
202209 1.152 103.100 1.193
202212 1.450 104.100 1.488
202303 1.449 104.400 1.482
202306 1.420 105.200 1.442
202309 1.452 106.200 1.460
202312 1.607 106.800 1.607

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Central Japan Railway Co  (OTCPK:CJPRY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Central Japan Railway Co Cyclically Adjusted PS Ratio Related Terms

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


Central Japan Railway Co (Central Japan Railway Co) Business Description

Traded in Other Exchanges
Address
JR Central Towers, Meieki 1-1-4, Nakamura-ku, Aichi, Nagoya, JPN, 450-6101
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.

Central Japan Railway Co (Central Japan Railway Co) Headlines