ENEOS Holdings (FRA:JHJ) Cyclically Adjusted PS Ratio: 0.34 (As of Aug. 09, 2026) — 143% Above Median

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FRA:JHJ ENEOS Holdings Inc FRA:JHJ
65 GF Score
Price €7.15
GF Value €4.34
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ENEOS Holdings Cyclically Adjusted PS Ratio?

ENEOS Holdings FRA:JHJ +4.38% 65 Cyclically Adjusted PS Ratio is 0.34 as of Aug. 09, 2026, which is 143% above its 10-year median of 0.14. GuruFocus rates FRA:JHJ with a GF Score™ of 65/100 and a GF Value™ of €4.34 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 716 Oil & Gas companies, ENEOS Holdings ranks better than 75.56% on this metric.

As of today (2026-08-09), ENEOS Holdings's current share price is €7.15. ENEOS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €20.74. ENEOS Holdings's Cyclically Adjusted PS Ratio for today is 0.34.

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

FRA:JHJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.14   Max: 0.39
Current: 0.35

During the past years, ENEOS Holdings's highest Cyclically Adjusted PS Ratio was 0.39. The lowest was 0.08. And the median was 0.14.

FRA:JHJ's Cyclically Adjusted PS Ratio is ranked better than
75.56% of 716 companies
in the Oil & Gas industry
Industry Median: 1.04 vs FRA:JHJ: 0.35

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.

ENEOS Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.155. 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 €20.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ENEOS Holdings  (FRA:JHJ) 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.


ENEOS Holdings Cyclically Adjusted PS Ratio Related Terms


ENEOS Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ENEOS 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.

ENEOS Holdings Cyclically Adjusted PS Ratio Chart

ENEOS Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.20 0.21 0.36

ENEOS Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.21 0.19 0.25 0.29 0.36

FRA:JHJ vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, ENEOS 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.


ENEOS Holdings Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ENEOS Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:JHJ
65GF Score
ENEOS Holdings Inc FRA:JHJ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENEOS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.15/20.74
=0.34

* 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.

ENEOS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ENEOS Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.155/112.7000*112.7000
=6.155

Current CPI (Mar. 2026) = 112.7000.

ENEOS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.201 98.100 5.975
201609 5.615 98.000 6.457
201612 5.969 98.400 6.836
201703 6.939 98.100 7.972
201706 5.225 98.500 5.978
201709 5.450 98.800 6.217
201712 5.932 99.400 6.726
201803 6.504 99.200 7.389
201806 5.865 99.200 6.663
201809 6.469 99.900 7.298
201812 6.735 99.700 7.613
201903 6.627 99.700 7.491
201906 6.222 99.800 7.026
201909 6.627 100.100 7.461
201912 6.519 100.500 7.310
202003 6.280 100.300 7.056
202006 3.967 99.900 4.475
202009 4.537 99.900 5.118
202012 4.933 99.300 5.599
202103 5.503 99.900 6.208
202106 5.209 99.500 5.900
202109 6.010 100.100 6.767
202112 7.004 100.100 7.886
202203 7.828 101.100 8.726
202206 7.842 101.800 8.682
202209 8.688 103.100 9.497
202212 9.097 104.100 9.849
202303 8.515 104.400 9.192
202306 6.956 105.200 7.452
202309 7.135 106.200 7.572
202312 7.643 106.800 8.065
202403 4.280 107.200 4.500
202406 6.286 108.200 6.547
202409 6.144 108.900 6.358
202412 7.772 110.700 7.912
202503 5.951 111.100 6.037
202506 6.407 111.700 6.464
202509 6.033 112.000 6.071
202512 6.159 113.000 6.143
202603 6.155 112.700 6.155

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 0.34 mean?
ENEOS Holdings (FRA:JHJ) has a Cyclically Adjusted PS Ratio of 0.34 as of Aug. 09, 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 ENEOS Holdings and its competitors. This is 143% above median its historical median of 0.14. Over the past decade, ENEOS Holdings' Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.39. According to the industry distribution chart, ENEOS Holdings ranks #175 out of 716 companies in the Oil & Gas industry, placing it in the top 24.4%.
Is ENEOS Holdings' Cyclically Adjusted PS Ratio too high?
ENEOS Holdings' current Cyclically Adjusted PS Ratio of 0.34 is 143% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.39. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. ENEOS Holdings' value of 0.34 is 67.3% below this industry median. Based on the distribution chart, ENEOS Holdings ranks #175 out of 716 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ENEOS Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENEOS Holdings' Cyclically Adjusted PS Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, ENEOS Holdings ranks #175 out of 716 companies for Cyclically Adjusted PS Ratio. This places ENEOS Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.04. ENEOS Holdings' value of 0.34 is 67.3% below this benchmark. Historically, ENEOS Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.39 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.04, ENEOS Holdings has consistently been below 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.04, based on 716 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. ENEOS Holdings's current Cyclically Adjusted PS Ratio of 0.34 is 67.3% below 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 ENEOS Holdings and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENEOS Holdings's current Cyclically Adjusted PS Ratio is 0.34, which is 143% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENEOS Holdings stock overvalued right now?
Based on GuruFocus' analysis, ENEOS Holdings (FRA:JHJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.34, compared to a current price of €7.15 — trading 64.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is 143% above median its 10-year median of 0.14 and 67.3% below the Oil & Gas industry median of 1.04. ENEOS Holdings' overall GF Score™ is 65/100 with 5 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 ENEOS Holdings (FRA:JHJ), the current Cyclically Adjusted PS Ratio is 0.34 as of Aug. 09, 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 ENEOS Holdings (FRA:JHJ) Overvalued in 2026?

Based on GuruFocus' analysis, ENEOS Holdings stock appears to be overvalued. The current stock price of €7.15 is trading 64.7% above its estimated GF Value™ of €4.34. GuruFocus considers ENEOS Holdings to be Significantly Overvalued.

Key valuation signals for FRA:JHJ:

  • Cyclically Adjusted PS Ratio: 0.34 (143% above median its 10-year median of 0.14)
  • GF Value™: €4.34 vs. price of €7.15 (64.7% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 67.3% below the Oil & Gas median (#175 of 716)

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


ENEOS Holdings Business Description

Industry EnergyOil & Gas
Address 1-1-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8162
ENEOS Holdings Inc is engaged in the energy and materials business through its group companies. The company operates six reportable segments: Petroleum Products and Other, Oil and Natural Gas Exploration and Development, Functional Materials, Electricity, Renewable Energy, and Others. Its operations include petroleum refining and sales, oil and gas exploration, production of synthetic and special rubber, power generation, and renewable energy activities such as wind and solar power. The Others segment covers asphalt paving, civil engineering, construction, and real estate rental businesses. It generates the majority of its revenue from the Petroleum Products segment.
65GF Score

Get the complete analysis for FRA:JHJ

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

€7.15
Price
€4.34
GF Value