CJPRF (Central Japan Railway Co) Cyclically Adjusted Book per Share: $29.31 (As of Mar. 2026)


CJPRF Central Japan Railway Co CJPRF
82 GF Score
Price $24.05
GF Value $30.47
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Central Japan Railway Co Cyclically Adjusted Book per Share?

Central Japan Railway Co CJPRF 82 Cyclically Adjusted Book per Share is $29.31 as of Mar. 2026. GuruFocus rates CJPRF with a GF Score™ of 82/100 and a GF Value™ of $30.47 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Central Japan Railway Co's adjusted book value per share for the three months ended in Mar. 2026 was $33.438. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $29.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Central Japan Railway Co's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Central Japan Railway Co was 11.70% per year. The lowest was 9.20% per year. And the median was 10.25% per year.

As of today (2026-06-28), Central Japan Railway Co's current stock price is $24.05. Central Japan Railway Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $29.31. Central Japan Railway Co's Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Central Japan Railway Co was 2.62. The lowest was 0.75. And the median was 1.17.


Central Japan Railway Co  (OTCPK:CJPRF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Central Japan Railway Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.05/29.31
=0.82

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Central Japan Railway Co was 2.62. The lowest was 0.75. And the median was 1.17.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Central Japan Railway Co Cyclically Adjusted Book per Share Related Terms


Central Japan Railway Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Central Japan Railway Co's Cyclically Adjusted Book per Share 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.

Central Japan Railway Co Cyclically Adjusted Book per Share Chart

Central Japan Railway Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.01 23.50 24.36 27.16 29.31

Central Japan Railway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 27.16 27.49 20.93 25.82 29.31

CJPRF vs UNP, CSX, NSC: Cyclically Adjusted Book per Share Comparison

For the Railroads subindustry, Central Japan Railway Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


CJPRF
82GF Score
Central Japan Railway Co CJPRF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Japan Railway Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Central Japan Railway Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=33.438/112.7000*112.7000
=33.438

Current CPI (Mar. 2026) = 112.7000.

Central Japan Railway Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.204 98.100 26.657
201609 25.152 98.000 28.925
201612 23.071 98.400 26.424
201703 24.232 98.100 27.838
201706 25.678 98.500 29.380
201709 26.513 98.800 30.243
201712 27.036 99.400 30.653
201803 29.426 99.200 33.431
201806 29.356 99.200 33.351
201809 29.975 99.900 33.816
201812 30.916 99.700 34.947
201903 31.857 99.700 36.011
201906 33.839 99.800 38.213
201909 35.269 100.100 39.708
201912 35.874 100.500 40.229
202003 36.250 100.300 40.732
202006 35.501 99.900 40.050
202009 35.797 99.900 40.384
202012 36.450 99.300 41.369
202103 34.059 99.900 38.423
202106 33.203 99.500 37.608
202109 33.073 100.100 37.236
202112 32.110 100.100 36.152
202203 30.546 101.100 34.051
202206 27.274 101.800 30.194
202209 25.840 103.100 28.246
202212 28.002 104.100 30.315
202303 28.582 104.400 30.854
202306 27.696 105.200 29.671
202309 27.210 106.200 28.875
202312 28.712 106.800 30.298
202403 28.284 107.200 29.735
202406 0.000 108.200 0.000
202409 31.116 108.900 32.202
202412 29.808 110.700 30.347
202503 31.366 111.100 31.818
202506 33.441 111.700 33.740
202509 33.949 112.000 34.161
202512 33.259 113.000 33.171
202603 33.438 112.700 33.438

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $29.31 mean?
Central Japan Railway Co (CJPRF) has a Cyclically Adjusted Book per Share of $29.31 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Central Japan Railway Co and its competitors.
Is Central Japan Railway Co's Cyclically Adjusted Book per Share too high?
Central Japan Railway Co's current Cyclically Adjusted Book per Share is $29.31. Overall, Central Japan Railway Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Japan Railway Co's Cyclically Adjusted Book per Share compare to UNP and CSX?
Central Japan Railway Co's Cyclically Adjusted Book per Share of $29.31 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Central Japan Railway Co and its competitors. Central Japan Railway Co's current Cyclically Adjusted Book per Share is $29.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Central Japan Railway Co (CJPRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.47, compared to a current price of $24.05 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $29.31. Central Japan Railway Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Central Japan Railway Co (CJPRF), the current Cyclically Adjusted Book per Share is $29.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Central Japan Railway Co (CJPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Central Japan Railway Co stock appears to be undervalued. The current stock price of $24.05 is trading 21.1% below its estimated GF Value™ of $30.47. GuruFocus considers Central Japan Railway Co to be Modestly Undervalued.

Key valuation signals for CJPRF:

  • Cyclically Adjusted Book per Share: $29.31
  • GF Value™: $30.47 vs. price of $24.05 (21.1% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the CJPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Japan Railway Co Business Description

Address 1-1-4 Meieki, JR Central Towers, Nakamura-ku, Aichi Prefecture, 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.
82GF Score

Get the complete analysis for CJPRF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.05
Price
$30.47
GF Value