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Japan Airport Terminal Co (Japan Airport Terminal Co) Cyclically Adjusted PS Ratio : 2.40 (As of Jun. 09, 2024)


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What is Japan Airport Terminal Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Japan Airport Terminal Co's current share price is $36.90. Japan Airport Terminal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.36. Japan Airport Terminal Co's Cyclically Adjusted PS Ratio for today is 2.40.

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

JAIRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.42   Max: 3.41
Current: 2.52

During the past years, Japan Airport Terminal Co's highest Cyclically Adjusted PS Ratio was 3.41. The lowest was 1.59. And the median was 2.42.

JAIRF's Cyclically Adjusted PS Ratio is ranked worse than
79.51% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs JAIRF: 2.52

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.

Japan Airport Terminal Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.390. 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 $15.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Airport Terminal Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Japan Airport Terminal Co'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.

* Premium members only.

Japan Airport Terminal Co Cyclically Adjusted PS Ratio Chart

Japan Airport Terminal Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 2.48 2.65 3.12 -

Japan Airport Terminal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.12 3.05 2.94 2.85 -

Competitive Comparison of Japan Airport Terminal Co's Cyclically Adjusted PS Ratio

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


Japan Airport Terminal Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Japan Airport Terminal Co 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.

Japan Airport Terminal Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.90/15.36
=2.40

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Japan Airport Terminal Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.39/106.8000*106.8000
=4.390

Current CPI (Dec. 2023) = 106.8000.

Japan Airport Terminal Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.380 95.700 4.888
201406 4.708 98.000 5.131
201409 4.960 98.500 5.378
201412 4.720 97.900 5.149
201503 4.646 97.900 5.068
201506 4.759 98.400 5.165
201509 4.890 98.500 5.302
201512 4.992 98.100 5.435
201603 5.444 97.900 5.939
201606 5.451 98.100 5.934
201609 5.879 98.000 6.407
201612 5.238 98.400 5.685
201703 5.541 98.100 6.032
201706 5.481 98.500 5.943
201709 5.976 98.800 6.460
201712 6.099 99.400 6.553
201803 6.565 99.200 7.068
201806 7.280 99.200 7.838
201809 7.270 99.900 7.772
201812 7.326 99.700 7.848
201903 7.007 99.700 7.506
201906 7.353 99.800 7.869
201909 7.383 100.100 7.877
201912 7.336 100.500 7.796
202003 5.295 100.300 5.638
202006 1.003 99.900 1.072
202009 1.577 99.900 1.686
202012 2.067 99.300 2.223
202103 1.269 99.900 1.357
202106 1.169 99.500 1.255
202109 1.355 100.100 1.446
202112 1.575 100.100 1.680
202203 1.310 101.100 1.384
202206 1.552 101.800 1.628
202209 1.817 103.100 1.882
202212 2.580 104.100 2.647
202303 2.974 104.400 3.042
202306 3.494 105.200 3.547
202309 3.933 106.200 3.955
202312 4.390 106.800 4.390

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.


Japan Airport Terminal Co  (OTCPK:JAIRF) 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.


Japan Airport Terminal Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Japan Airport Terminal Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Airport Terminal Co (Japan Airport Terminal Co) Business Description

Traded in Other Exchanges
Address
3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

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