JXHGF (ENEOS Holdings) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

JXHGF ENEOS Holdings Inc JXHGF
60 GF Score
Price $8.35
GF Value $5.23
Valuation Significantly Overvalued
! 7 Warning Signs
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What is ENEOS Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ENEOS Holdings  (OTCPK:JXHGF) 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 0.12 0.10 0.14 0.17 0.29

ENEOS 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 0.16 0.19 0.21 0.29 0.22

JXHGF 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.


JXHGF
60GF Score
ENEOS Holdings Inc JXHGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ENEOS 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)
=7.954/113.6000*113.6000
=7.954

Current CPI (Jun. 2026) = 113.6000.

ENEOS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.266 98.000 7.263
201612 6.677 98.400 7.708
201703 7.379 98.100 8.545
201706 5.858 98.500 6.756
201709 6.483 98.800 7.454
201712 7.024 99.400 8.027
201803 7.853 99.200 8.993
201806 6.911 99.200 7.914
201809 7.593 99.900 8.634
201812 7.623 99.700 8.686
201903 7.557 99.700 8.611
201906 6.910 99.800 7.865
201909 7.312 100.100 8.298
201912 7.267 100.500 8.214
202003 6.856 100.300 7.765
202006 4.469 99.900 5.082
202009 5.314 99.900 6.043
202012 5.961 99.300 6.819
202103 6.708 99.900 7.628
202106 6.314 99.500 7.209
202109 7.075 100.100 8.029
202112 7.922 100.100 8.990
202203 8.789 101.100 9.876
202206 8.569 101.800 9.562
202209 8.913 103.100 9.821
202212 9.191 104.100 10.030
202303 9.206 104.400 10.017
202306 7.753 105.200 8.372
202309 7.788 106.200 8.331
202312 8.113 106.800 8.630
202403 8.075 107.200 8.557
202406 6.488 108.200 6.812
202409 7.186 108.900 7.496
202412 7.110 110.700 7.296
202503 6.553 111.100 6.700
202506 7.380 111.700 7.506
202509 7.105 112.000 7.207
202512 7.297 113.000 7.336
202603 7.197 112.700 7.254
202606 7.954 113.600 7.954

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 ENEOS Holdings (JXHGF) Overvalued in 2026?

Based on GuruFocus' analysis, ENEOS Holdings stock appears to be overvalued. The current stock price of $8.35 is trading 59.7% above its estimated GF Value™ of $5.23. GuruFocus considers ENEOS Holdings to be Significantly Overvalued.

Key valuation signals for JXHGF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $5.23 vs. price of $8.35 (59.7% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the JXHGF 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.
60GF Score

Get the complete analysis for JXHGF

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

$8.35
Price
$5.23
GF Value