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J Trust Co (TSE:8508) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 09, 2024)


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What is J Trust Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), J Trust Co's current share price is 円398.00. J Trust Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円673.89. J Trust Co's Cyclically Adjusted PS Ratio for today is 0.59.

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

TSE:8508' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.7   Max: 2
Current: 0.59

During the past years, J Trust Co's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.32. And the median was 0.70.

TSE:8508's Cyclically Adjusted PS Ratio is ranked better than
87.3% of 63 companies
in the Diversified Financial Services industry
Industry Median: 2.3 vs TSE:8508: 0.59

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.

J Trust Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円229.831. 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673.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


J Trust Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for J Trust 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.

J Trust Co Cyclically Adjusted PS Ratio Chart

J Trust Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 0.64 0.32 0.90 0.80

J Trust 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 0.62 0.67 0.73 0.69 0.68

Competitive Comparison of J Trust Co's Cyclically Adjusted PS Ratio

For the Financial Conglomerates subindustry, J Trust 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.


J Trust Co's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, J Trust Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where J Trust Co's Cyclically Adjusted PS Ratio falls into.



J Trust 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.

J Trust Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=398.00/673.89
=0.59

* 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.

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

For example, J Trust Co'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)
=229.831/107.2000*107.2000
=229.831

Current CPI (Mar. 2024) = 107.2000.

J Trust Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 134.992 98.000 147.665
201409 135.974 98.500 147.984
201412 136.694 97.900 149.679
201503 128.245 97.900 140.428
201506 164.883 98.400 179.629
201509 154.631 98.500 168.289
201512 178.821 98.100 195.409
201603 156.417 97.900 171.276
201606 174.989 98.100 191.221
201609 179.744 98.000 196.618
201612 240.146 98.400 261.622
201703 26.556 98.100 29.019
201706 171.311 98.500 186.442
201709 169.558 98.800 183.974
201712 216.710 99.400 233.715
201803 168.439 99.200 182.023
201806 168.722 99.200 182.329
201809 186.206 99.900 199.813
201812 180.464 99.700 194.040
201903 190.158 99.700 204.463
201906 173.226 99.800 186.070
201909 170.273 100.100 182.350
201912 132.973 100.500 141.838
202003 104.003 100.300 111.158
202006 100.245 99.900 107.570
202009 93.708 99.900 100.556
202012 97.779 99.300 105.558
202103 93.179 99.900 99.988
202106 99.583 99.500 107.289
202109 96.476 100.100 103.319
202112 110.520 100.100 118.359
202203 116.661 101.100 123.700
202206 182.770 101.800 192.465
202209 199.560 103.100 207.496
202212 214.596 104.100 220.986
202303 200.181 104.400 205.550
202306 200.905 105.200 204.724
202309 225.251 106.200 227.372
202312 216.302 106.800 217.112
202403 229.831 107.200 229.831

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.


J Trust Co  (TSE:8508) 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.


J Trust Co Cyclically Adjusted PS Ratio Related Terms

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


J Trust Co (TSE:8508) Business Description

Traded in Other Exchanges
N/A
Address
Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001
J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

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