JTTRY (Japan Airport Terminal Co) Cyclically Adjusted Book per Share: $5.98 (As of Mar. 2026)


JTTRY Japan Airport Terminal Co Ltd JTTRY
81 GF Score
Price $13.96
GF Value $16.50
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Japan Airport Terminal Co Cyclically Adjusted Book per Share?

Japan Airport Terminal Co JTTRY 81 Cyclically Adjusted Book per Share is $5.98 as of Mar. 2026. GuruFocus rates JTTRY with a GF Score™ of 81/100 and a GF Value™ of $16.50 (Modestly Undervalued). The stock has 6 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.

Japan Airport Terminal Co's adjusted book value per share for the three months ended in Mar. 2026 was $7.139. 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 $5.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Japan Airport Terminal Co's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Japan Airport Terminal Co was 5.30% per year. The lowest was 3.90% per year. And the median was 4.70% per year.

As of today (2026-07-05), Japan Airport Terminal Co's current stock price is $13.96. Japan Airport Terminal Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.98. Japan Airport Terminal Co's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Japan Airport Terminal Co was 4.40. The lowest was 1.95. And the median was 3.18.


Japan Airport Terminal Co  (OTCPK:JTTRY) 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.

Japan Airport Terminal Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.96/5.98
=2.33

* 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 Japan Airport Terminal Co was 4.40. The lowest was 1.95. And the median was 3.18.


Be Aware

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


Japan Airport Terminal Co Cyclically Adjusted Book per Share Related Terms


Japan Airport Terminal Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Japan Airport Terminal 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.

Japan Airport Terminal Co Cyclically Adjusted Book per Share Chart

Japan Airport Terminal 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 6.63 6.23 5.93 6.81 5.98

Japan Airport Terminal 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 6.81 6.18 6.24 6.35 5.98

JTTRY vs JOBY, CAAP: Cyclically Adjusted Book per Share Comparison

For the Airports & Air Services subindustry, Japan Airport Terminal 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.


Japan Airport Terminal Co Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


JTTRY
81GF Score
Japan Airport Terminal Co Ltd JTTRY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Airport Terminal 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, Japan Airport Terminal 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)
=7.139/112.7000*112.7000
=7.139

Current CPI (Mar. 2026) = 112.7000.

Japan Airport Terminal Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.816 98.100 7.830
201609 7.204 98.000 8.285
201612 6.456 98.400 7.394
201703 6.695 98.100 7.691
201706 6.918 98.500 7.915
201709 7.135 98.800 8.139
201712 7.136 99.400 8.091
201803 7.741 99.200 8.794
201806 8.803 99.200 10.001
201809 8.856 99.900 9.991
201812 8.868 99.700 10.024
201903 9.049 99.700 10.229
201906 9.362 99.800 10.572
201909 9.581 100.100 10.787
201912 9.498 100.500 10.651
202003 9.296 100.300 10.445
202006 8.681 99.900 9.793
202009 7.939 99.900 8.956
202012 7.713 99.300 8.754
202103 8.790 99.900 9.916
202106 8.350 99.500 9.458
202109 8.021 100.100 9.031
202112 7.532 100.100 8.480
202203 6.980 101.100 7.781
202206 6.034 101.800 6.680
202209 5.633 103.100 6.158
202212 6.022 104.100 6.519
202303 6.036 104.400 6.516
202306 5.809 105.200 6.223
202309 5.729 106.200 6.080
202312 6.009 106.800 6.341
202403 6.026 107.200 6.335
202406 5.784 108.200 6.025
202409 6.575 108.900 6.804
202412 6.242 110.700 6.355
202503 6.773 111.100 6.871
202506 7.050 111.700 7.113
202509 7.173 112.000 7.218
202512 6.962 113.000 6.944
202603 7.139 112.700 7.139

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 $5.98 mean?
Japan Airport Terminal Co (JTTRY) has a Cyclically Adjusted Book per Share of $5.98 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 Japan Airport Terminal Co and its competitors.
Is Japan Airport Terminal Co's Cyclically Adjusted Book per Share too high?
Japan Airport Terminal Co's current Cyclically Adjusted Book per Share is $5.98. Overall, Japan Airport Terminal Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Japan Airport Terminal Co's Cyclically Adjusted Book per Share compare to JOBY and CAAP?
Japan Airport Terminal Co's Cyclically Adjusted Book per Share of $5.98 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 Japan Airport Terminal Co and its competitors. Japan Airport Terminal Co's current Cyclically Adjusted Book per Share is $5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airport Terminal Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airport Terminal Co (JTTRY) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.50, compared to a current price of $13.96 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is $5.98. Japan Airport Terminal Co's overall GF Score™ is 81/100 with 6 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 Japan Airport Terminal Co (JTTRY), the current Cyclically Adjusted Book per Share is $5.98 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 Japan Airport Terminal Co (JTTRY) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Airport Terminal Co stock appears to be undervalued. The current stock price of $13.96 is trading 15.4% below its estimated GF Value™ of $16.50. GuruFocus considers Japan Airport Terminal Co to be Modestly Undervalued.

Key valuation signals for JTTRY:

  • Cyclically Adjusted Book per Share: $5.98
  • GF Value™: $16.50 vs. price of $13.96 (15.4% below fair value)
  • GF Score™: 81/100 with 6 warning signs

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


Japan Airport Terminal Co Business Description

Other Exchanges 9706:Japan0JA:Germany
Address 3-3-2 Haneda Airport, Terminal 1, Ota-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is engaged in the management and operation of passenger terminals and the provision of related services at airports, mainly Haneda and Narita. The company has three reportable segments: Facility Management and Operation, Merchandise Sales, and Food and Beverage. The Facility Management and Operation segment provides leasing, maintenance, repairs, and terminal operations; the Merchandise Sales segment sells and wholesales products to air passengers and terminal-building companies; and the Food and Beverage segment operates airport and in-flight food services. The company focuses on improving passenger experience and operational resilience through service quality and facility upgrades.
81GF Score

Get the complete analysis for JTTRY

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

$13.96
Price
$16.50
GF Value