GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Matheson Holdings Ltd (OTCPK:JARLF) » Definitions » Cyclically Adjusted PS Ratio

Jardine Matheson Holdings (Jardine Matheson Holdings) Cyclically Adjusted PS Ratio : 0.29 (As of Apr. 27, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Jardine Matheson Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Jardine Matheson Holdings's current share price is $38.0246. Jardine Matheson Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $131.97. Jardine Matheson Holdings's Cyclically Adjusted PS Ratio for today is 0.29.

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

JARLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.61   Max: 1.05
Current: 0.3

During the past 13 years, Jardine Matheson Holdings's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.28. And the median was 0.61.

JARLF's Cyclically Adjusted PS Ratio is ranked better than
74.15% of 441 companies
in the Conglomerates industry
Industry Median: 0.74 vs JARLF: 0.30

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.

Jardine Matheson Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $124.307. 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 $131.97 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jardine Matheson Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Jardine Matheson 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.

Jardine Matheson Holdings Cyclically Adjusted PS Ratio Chart

Jardine Matheson Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.50 0.46 0.41 0.32

Jardine Matheson Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.46 - 0.41 - 0.32

Competitive Comparison of Jardine Matheson Holdings's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Jardine Matheson 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.


Jardine Matheson Holdings's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Jardine Matheson 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.0246/131.97
=0.29

* 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.

Jardine Matheson Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jardine Matheson Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=124.307/129.4194*129.4194
=124.307

Current CPI (Dec23) = 129.4194.

Jardine Matheson Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 107.604 99.070 140.568
201512 98.949 99.792 128.326
201612 98.803 101.863 125.532
201712 102.780 104.011 127.888
201812 113.104 105.998 138.096
201912 109.125 108.420 130.261
202012 88.715 109.897 104.475
202112 114.575 117.630 126.059
202212 129.744 125.222 134.093
202312 124.307 129.419 124.307

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.


Jardine Matheson Holdings  (OTCPK:JARLF) 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.


Jardine Matheson Holdings Cyclically Adjusted PS Ratio Related Terms

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


Jardine Matheson Holdings (Jardine Matheson Holdings) Business Description

Traded in Other Exchanges
Address
33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.

Jardine Matheson Holdings (Jardine Matheson Holdings) Headlines

From GuruFocus

The Wintergreen Fund's Top Five Stocks

By Monica Wolfe Monica Wolfe 09-06-2013

Drop in Real Estate Brings Down Hong Kong Blue Chips

By Holmes Osborne, CFA Holmes Osborne, CFA 03-08-2016

First Eagle Investment Comments on Jardine Matheson

By Holly LaFon Holly LaFon 09-09-2019

The Wintergreen Fund's Top Positions as of the Third Quarter

By Monica Wolfe Monica Wolfe 12-03-2013

First Eagle Comments on Jardine Matheson

By Sydnee Gatewood Sydnee Gatewood 05-04-2021

A China Value Play: Jardine Matheson

By gurufocus Holmes R Osborne 06-23-2007

First Eagle Global Income Builder Fund Comments on Jardine Matheson

By Sydnee Gatewood Sydnee Gatewood 07-31-2020