JGCCY (JGC Holdings) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.
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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.

JGCCY JGC Holdings Corp JGCCY
65 GF Score
Price $26.57
GF Value $14.40
Valuation Significantly Overvalued
! 3 Warning Signs
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What is JGC Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JGC Holdings  (OTCPK:JGCCY) 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.


JGC Holdings Cyclically Adjusted PS Ratio Related Terms


JGC Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JGC 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.

JGC Holdings Cyclically Adjusted PS Ratio Chart

JGC 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 0.49 0.52 0.42 0.33 0.56

JGC Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.34 0.41 0.51 0.55 0.77

JGCCY vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, JGC 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.


JGC Holdings Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, JGC Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


JGCCY
65GF Score
JGC Holdings Corp JGCCY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JGC 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.254/113.6000*113.6000
=8.254

Current CPI (Jun. 2026) = 113.6000.

JGC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 12.003 98.000 13.914
201612 14.235 98.400 16.434
201703 12.450 98.100 14.417
201706 10.914 98.500 12.587
201709 13.698 98.800 15.750
201712 13.075 99.400 14.943
201803 14.050 99.200 16.090
201806 10.618 99.200 12.159
201809 9.400 99.900 10.689
201812 10.285 99.700 11.719
201903 14.005 99.700 15.958
201906 7.747 99.800 8.818
201909 8.188 100.100 9.292
201912 9.031 100.500 10.208
202003 10.078 100.300 11.414
202006 7.138 99.900 8.117
202009 7.651 99.900 8.700
202012 8.001 99.300 9.153
202103 9.635 99.900 10.956
202106 7.750 99.500 8.848
202109 7.974 100.100 9.049
202112 7.069 100.100 8.022
202203 7.417 101.100 8.334
202206 7.222 101.800 8.059
202209 8.530 103.100 9.399
202212 8.360 104.100 9.123
202303 11.654 104.400 12.681
202306 10.875 105.200 11.743
202309 12.813 106.200 13.706
202312 11.073 106.800 11.778
202403 12.912 107.200 13.683
202406 10.845 108.200 11.386
202409 11.228 108.900 11.713
202412 10.722 110.700 11.003
202503 13.789 111.100 14.099
202506 10.856 111.700 11.041
202509 10.739 112.000 10.892
202512 9.955 113.000 10.008
202603 9.401 112.700 9.476
202606 8.254 113.600 8.254

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 JGC Holdings (JGCCY) Overvalued in 2026?

Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued. The current stock price of $26.57 is trading 84.5% above its estimated GF Value™ of $14.40. GuruFocus considers JGC Holdings to be Significantly Overvalued.

Key valuation signals for JGCCY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $14.40 vs. price of $26.57 (84.5% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


JGC Holdings Business Description

Address 2-3-1 Minatomirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp is a Japan-based company engaged in providing infrastructure construction services. The company operates through two segments. The Comprehensive Engineering segment provides EPC services including design, procurement, construction, and commissioning of equipment and facilities for petroleum, oil refining, petrochemicals, gas, and LNG. The Functional Materials Manufacturing segment produces and sells catalysts, nanoparticle technology products, clean and safety materials, electronic materials, high-performance ceramics, and next-generation energy solutions. The Others segment includes consulting, office support, desalination, and crude oil and gas production and sales. It generates the majority of its revenue from the Comprehensive engineering segment.
65GF Score

Get the complete analysis for JGCCY

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

$26.57
Price
$14.40
GF Value