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Japan Real Estate Investment (Japan Real Estate Investment) Cyclically Adjusted PS Ratio : 11.17 (As of May. 17, 2024)


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What is Japan Real Estate Investment Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Japan Real Estate Investment's current share price is $3881.42. Japan Real Estate Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 was $347.45. Japan Real Estate Investment's Cyclically Adjusted PS Ratio for today is 11.17.

The historical rank and industry rank for Japan Real Estate Investment's Cyclically Adjusted PS Ratio or its related term are showing as below:

JREIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.1   Med: 12.48   Max: 16.9
Current: 10.16

During the past 13 years, Japan Real Estate Investment's highest Cyclically Adjusted PS Ratio was 16.90. The lowest was 10.10. And the median was 12.48.

JREIF's Cyclically Adjusted PS Ratio is ranked worse than
83.27% of 490 companies
in the REITs industry
Industry Median: 4.975 vs JREIF: 10.16

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.

Japan Real Estate Investment's adjusted revenue per share data of for the fiscal year that ended in Sep23 was $366.265. 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 $347.45 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Real Estate Investment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Japan Real Estate Investment'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.

Japan Real Estate Investment Cyclically Adjusted PS Ratio Chart

Japan Real Estate Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.22 11.22 13.81 11.91 11.17

Japan Real Estate Investment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 11.91 - 11.17 -

Competitive Comparison of Japan Real Estate Investment's Cyclically Adjusted PS Ratio

For the REIT - Office subindustry, Japan Real Estate Investment'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.


Japan Real Estate Investment's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Real Estate Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Japan Real Estate Investment's Cyclically Adjusted PS Ratio falls into.



Japan Real Estate Investment 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.

Japan Real Estate Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3881.42/347.45
=11.17

* 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 Real Estate Investment's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Japan Real Estate Investment's adjusted Revenue per Share data for the fiscal year that ended in Sep23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=366.265/106.2000*106.2000
=366.265

Current CPI (Sep23) = 106.2000.

Japan Real Estate Investment Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201409 415.669 98.500 448.163
201509 379.360 98.500 409.016
201609 460.566 98.000 499.103
201709 431.273 98.800 463.575
201809 431.582 99.900 458.799
201909 457.804 100.100 485.702
202009 485.245 99.900 515.846
202109 470.893 100.100 499.589
202209 373.438 103.100 384.666
202309 366.265 106.200 366.265

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.


Japan Real Estate Investment  (OTCPK:JREIF) 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.


Japan Real Estate Investment Cyclically Adjusted PS Ratio Related Terms

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


Japan Real Estate Investment (Japan Real Estate Investment) Business Description

Traded in Other Exchanges
Address
3-3-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.