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JFE Holdings (TSE:5411) Cyclically Adjusted PS Ratio : 0.32 (As of Jun. 05, 2024)


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What is JFE Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-05), JFE Holdings's current share price is 円2360.00. JFE Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円7,292.54. JFE Holdings's Cyclically Adjusted PS Ratio for today is 0.32.

The historical rank and industry rank for JFE Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:5411' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 0.45
Current: 0.33

During the past years, JFE Holdings's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.10. And the median was 0.26.

TSE:5411's Cyclically Adjusted PS Ratio is ranked better than
62.76% of 521 companies
in the Steel industry
Industry Median: 0.48 vs TSE:5411: 0.33

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.

JFE Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was 円1,979.380. 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 円7,292.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JFE Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JFE Holdings'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.

JFE Holdings Cyclically Adjusted PS Ratio Chart

JFE Holdings 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 0.11 0.22 0.27 0.24 0.35

JFE Holdings 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 0.24 0.29 0.30 0.30 0.35

Competitive Comparison of JFE Holdings's Cyclically Adjusted PS Ratio

For the Steel subindustry, JFE Holdings'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.


JFE Holdings's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JFE Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JFE Holdings's Cyclically Adjusted PS Ratio falls into.



JFE Holdings 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.

JFE Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2360.00/7292.54
=0.32

* 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.

JFE Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, JFE Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1979.38/107.2000*107.2000
=1,979.380

Current CPI (Mar. 2024) = 107.2000.

JFE Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,608.068 98.000 1,759.029
201409 1,595.531 98.500 1,736.456
201412 1,683.682 97.900 1,843.623
201503 1,787.768 97.900 1,957.597
201506 1,486.283 98.400 1,619.203
201509 1,484.305 98.500 1,615.406
201512 1,447.458 98.100 1,581.728
201603 1,532.195 97.900 1,677.746
201606 1,284.271 98.100 1,403.403
201609 1,315.921 98.000 1,439.456
201612 1,408.216 98.400 1,534.154
201703 1,729.470 98.100 1,889.900
201706 1,468.752 98.500 1,598.479
201709 1,523.419 98.800 1,652.940
201712 1,639.785 99.400 1,768.460
201803 1,658.970 99.200 1,792.758
201806 1,609.455 99.200 1,739.250
201809 1,673.796 99.900 1,796.105
201812 1,733.090 99.700 1,863.463
201903 1,706.217 99.700 1,834.568
201906 1,610.043 99.800 1,729.425
201909 1,638.806 100.100 1,755.045
201912 1,598.001 100.500 1,704.534
202003 1,629.254 100.300 1,741.336
202006 1,291.861 99.900 1,386.261
202009 1,299.659 99.900 1,394.629
202012 1,434.476 99.300 1,548.598
202103 1,578.352 99.900 1,693.687
202106 1,543.521 99.500 1,662.969
202109 1,830.140 100.100 1,959.950
202112 2,004.222 100.100 2,146.380
202203 2,200.792 101.100 2,333.580
202206 2,175.902 101.800 2,291.323
202209 2,259.888 103.100 2,349.757
202212 2,312.342 104.100 2,381.201
202303 2,340.566 104.400 2,403.340
202306 2,170.886 105.200 2,212.158
202309 2,181.810 106.200 2,202.354
202312 1,938.460 106.800 1,945.720
202403 1,979.380 107.200 1,979.380

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.


JFE Holdings  (TSE:5411) 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.


JFE Holdings Cyclically Adjusted PS Ratio Related Terms

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


JFE Holdings (TSE:5411) Business Description

Industry
Traded in Other Exchanges
Address
2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
JFE Holdings Inc is a Japan-based company operating through three subsidiaries, namely JFE Steel, JFE Engineering and JFE Shoji. JFE Steel produces and sells a wide range of steel products and raw materials, and also operates peripheral businesses such as transporting, maintenance and construction of equipment. JFE Engineering provides engineering services for energy, urban environment, recycle, steel construction and industrial machines and systems. JFE Shoji purchases, processes and sells steel products, raw materials for steel production, nonferrous metal products, food, etc. Steel manufacturing and trading account for majority of JFE's revenue. The company generates most of its sales from the Japanese market.

JFE Holdings (TSE:5411) Headlines

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