Jungfraubahn Holding AG (HAM:J4F) Cyclically Adjusted PS Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:J4F Jungfraubahn Holding AG HAM:J4F
73 GF Score
Price €266.50
GF Value €242.38
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Jungfraubahn Holding AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jungfraubahn Holding AG  (HAM:J4F) 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.


Jungfraubahn Holding AG Cyclically Adjusted PS Ratio Related Terms


Jungfraubahn Holding AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jungfraubahn Holding AG'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.

Jungfraubahn Holding AG Cyclically Adjusted PS Ratio Chart

Jungfraubahn Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.22 4.57 5.47 5.54 8.59

Jungfraubahn Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.47 0.00 5.54 0.00 8.59

HAM:J4F vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Jungfraubahn Holding AG'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.


Jungfraubahn Holding AG Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Jungfraubahn Holding AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jungfraubahn Holding AG's Cyclically Adjusted PS Ratio falls into.


HAM:J4F
73GF Score
Jungfraubahn Holding AG HAM:J4F
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jungfraubahn Holding AG 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.

Jungfraubahn Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Jungfraubahn Holding AG's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=50.75/107.2000*107.2000
=50.750

Current CPI (Dec25) = 107.2000.

Jungfraubahn Holding AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 23.526 99.380 25.377
201712 24.714 100.213 26.437
201812 28.204 100.906 29.963
201912 30.722 101.063 32.588
202012 16.449 100.241 17.591
202112 17.397 101.776 18.324
202212 31.063 104.666 31.815
202312 44.740 106.461 45.050
202412 49.333 107.128 49.366
202512 50.750 107.200 50.750

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.

Is Jungfraubahn Holding AG (HAM:J4F) Overvalued in 2026?

Based on GuruFocus' analysis, Jungfraubahn Holding AG stock appears to be overvalued. The current stock price of €266.50 is trading 10% above its estimated GF Value™ of €242.38. GuruFocus considers Jungfraubahn Holding AG to be Modestly Overvalued.

Key valuation signals for HAM:J4F:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €242.38 vs. price of €266.50 (10% above fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the HAM:J4F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jungfraubahn Holding AG Business Description

Address Harderstrasse 14, Interlaken, CHE, CH-3800
Jungfraubahn Holding AG is a tourism company and the mountain railway company in Switzerland. It engaged in the operation of excursion railways and winter sports facilities. It also operates a railway service from Interlaken to Lauterbrunnen and Grindelwald. The company's segment includes Jungfraujoch-Top of Europe, Winter Sports and Experience Mountains, It generates maximum revenue from the Jungfraujoch-Top of Europe segment.
73GF Score

Get the complete analysis for HAM:J4F

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

€266.50
Price
€242.38
GF Value