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Japan Airlines Co (Japan Airlines Co) Cyclically Adjusted PS Ratio : 0.75 (As of May. 21, 2024)


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What is Japan Airlines Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Japan Airlines Co's current share price is $8.6225. Japan Airlines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.45. Japan Airlines Co's Cyclically Adjusted PS Ratio for today is 0.75.

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

JAPSY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.25   Max: 3.44
Current: 0.77

During the past years, Japan Airlines Co's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 0.45. And the median was 1.25.

JAPSY's Cyclically Adjusted PS Ratio is ranked better than
52.71% of 738 companies
in the Transportation industry
Industry Median: 0.85 vs JAPSY: 0.77

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 Airlines Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.074. 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 $11.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Airlines Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Japan Airlines 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 Airlines Co Cyclically Adjusted PS Ratio Chart

Japan Airlines 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 0.51 0.69 0.67 0.75 0.83

Japan Airlines 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 0.75 0.90 0.83 0.79 0.83

Competitive Comparison of Japan Airlines Co's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Japan Airlines 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 Airlines Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.6225/11.45
=0.75

* 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 Airlines Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Japan Airlines Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.074/107.2000*107.2000
=3.074

Current CPI (Mar. 2024) = 107.2000.

Japan Airlines Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.148 98.000 4.537
201409 4.835 98.500 5.262
201412 3.913 97.900 4.285
201503 3.693 97.900 4.044
201506 3.479 98.400 3.790
201509 4.315 98.500 4.696
201512 3.804 98.100 4.157
201603 3.826 97.900 4.189
201606 3.891 98.100 4.252
201609 4.807 98.000 5.258
201612 3.847 98.400 4.191
201703 3.914 98.100 4.277
201706 4.014 98.500 4.369
201709 4.820 98.800 5.230
201712 4.430 99.400 4.778
201803 4.507 99.200 4.870
201806 4.448 99.200 4.807
201809 5.217 99.900 5.598
201812 4.865 99.700 5.231
201903 4.593 99.700 4.939
201906 4.637 99.800 4.981
201909 5.396 100.100 5.779
201912 4.877 100.500 5.202
202003 3.754 100.300 4.012
202006 1.054 99.900 1.131
202009 1.664 99.900 1.786
202012 2.025 99.300 2.186
202103 1.313 99.900 1.409
202106 1.382 99.500 1.489
202109 1.637 100.100 1.753
202112 2.089 100.100 2.237
202203 1.778 101.100 1.885
202206 2.297 101.800 2.419
202209 2.792 103.100 2.903
202212 3.283 104.100 3.381
202303 3.167 104.400 3.252
202306 3.087 105.200 3.146
202309 3.401 106.200 3.433
202312 3.405 106.800 3.418
202403 3.074 107.200 3.074

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 Airlines Co  (OTCPK:JAPSY) 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 Airlines Co Cyclically Adjusted PS Ratio Related Terms

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


Japan Airlines Co (Japan Airlines Co) Business Description

Traded in Other Exchanges
Address
Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637
Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

Japan Airlines Co (Japan Airlines Co) Headlines

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