Fidelity Japan Trust (CHIX:FJVL) Cyclically Adjusted PS Ratio: 10.60 (As of Jul. 27, 2026) — 12% Below Median

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CHIX:FJVL Fidelity Japan Trust PLC CHIX:FJVL
20 GF Score
Price £1.59
! 2 Warning Signs
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What is Fidelity Japan Trust Cyclically Adjusted PS Ratio?

Fidelity Japan Trust CHIX:FJVL 20 Cyclically Adjusted PS Ratio is 10.60 as of Jul. 27, 2026, which is 12% below its 10-year median of 12.03. GuruFocus rates CHIX:FJVL with a GF Score™ of 20/100. The stock has 2 warning signs investors should review.

As of today (2026-07-27), Fidelity Japan Trust's current share price is £1.59. Fidelity Japan Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was £0.15. Fidelity Japan Trust's Cyclically Adjusted PS Ratio for today is 10.60.

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

CHIX:FJVl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.3   Med: 12.03   Max: 25.25
Current: 13.93

During the past 13 years, Fidelity Japan Trust's highest Cyclically Adjusted PS Ratio was 25.25. The lowest was 7.30. And the median was 12.03.

CHIX:FJVl's Cyclically Adjusted PS Ratio is not ranked
in the Asset Management industry.
Industry Median: 7.675 vs CHIX:FJVl: 13.93

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.

Fidelity Japan Trust's adjusted revenue per share data of for the fiscal year that ended in Dec24 was £-0.053. 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 £0.15 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidelity Japan Trust  (CHIX:FJVl) 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.


Fidelity Japan Trust Cyclically Adjusted PS Ratio Related Terms


Fidelity Japan Trust Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fidelity Japan Trust'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.

Fidelity Japan Trust Cyclically Adjusted PS Ratio Chart

Fidelity Japan Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.93 11.29 9.77 10.85 10.46

Fidelity Japan Trust Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 10.85 0.00 10.46 0.00

CHIX:FJVL vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Fidelity Japan Trust'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.


Fidelity Japan Trust Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity Japan Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:FJVL
20GF Score
Fidelity Japan Trust PLC CHIX:FJVL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidelity Japan Trust 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.

Fidelity Japan Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.59/0.15
=10.60

* 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.

Fidelity Japan Trust's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Fidelity Japan Trust's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.053/135.1000*135.1000
=-0.053

Current CPI (Dec24) = 135.1000.

Fidelity Japan Trust Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.207 100.400 0.279
201612 0.252 102.200 0.333
201712 0.422 105.000 0.543
201812 -0.247 107.100 -0.312
201912 0.512 108.500 0.638
202012 0.467 109.400 0.577
202112 0.048 114.700 0.057
202212 -0.578 125.300 -0.623
202312 0.223 130.500 0.231
202412 -0.053 135.100 -0.053

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.

What does a Cyclically Adjusted PS Ratio of 10.60 mean?
Fidelity Japan Trust (CHIX:FJVL) has a Cyclically Adjusted PS Ratio of 10.60 as of Jul. 27, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fidelity Japan Trust and its competitors. This is 12% below median its historical median of 12.03. Over the past decade, Fidelity Japan Trust's Cyclically Adjusted PS Ratio has ranged from 7.30 to 25.25.
Is Fidelity Japan Trust's Cyclically Adjusted PS Ratio too high?
Fidelity Japan Trust's current Cyclically Adjusted PS Ratio of 10.60 is 12% below median its 10-year median of 12.03. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 25.25. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.68. Fidelity Japan Trust's value of 10.60 is 38.1% above this industry median. Overall, Fidelity Japan Trust has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity Japan Trust's Cyclically Adjusted PS Ratio compare to BLK and BX?
Fidelity Japan Trust's Cyclically Adjusted PS Ratio of 10.60 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PS Ratio is 7.68. Fidelity Japan Trust's value of 10.60 is 38.1% above this benchmark. Historically, Fidelity Japan Trust's own Cyclically Adjusted PS Ratio has ranged from 7.30 to 25.25 over the past decade. While the company's 10-year median is 12.03 vs. the industry median of 7.68, Fidelity Japan Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.68, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fidelity Japan Trust's current Cyclically Adjusted PS Ratio of 10.60 is 38.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fidelity Japan Trust and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Japan Trust's current Cyclically Adjusted PS Ratio is 10.60, which is 12% below median its own 10-year median of 12.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Japan Trust stock overvalued right now?
Fidelity Japan Trust (CHIX:FJVL) has a current Cyclically Adjusted PS Ratio of 10.60. The current Cyclically Adjusted PS Ratio is 10.60, which is 12% below median its 10-year median of 12.03 and 38.1% above the Asset Management industry median of 7.68. Fidelity Japan Trust's overall GF Score™ is 20/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Fidelity Japan Trust (CHIX:FJVL), the current Cyclically Adjusted PS Ratio is 10.60 as of Jul. 27, 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.

Fidelity Japan Trust Business Description

Address Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity Japan Trust PLC is a UK-based investment trust company. Its objective is to achieve long-term capital growth by investing predominantly in equities and related securities of Japanese companies. The Portfolio Manager aims to achieve a total return on the Company's assets over the long term, over the Reference Index, the TOPIX Total Return Index, as expressed in sterling terms.
20GF Score

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

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