JGC Holdings (STU:VJC) Cyclically Adjusted PS Ratio: 0.76 (As of Aug. 03, 2026) — 25% Above Median

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STU:VJC JGC Holdings Corp STU:VJC
74 GF Score
Price €12.00
GF Value €7.21
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is JGC Holdings Cyclically Adjusted PS Ratio?

JGC Holdings STU:VJC -2.44% 74 Cyclically Adjusted PS Ratio is 0.76 as of Aug. 03, 2026, which is 25% above its 10-year median of 0.61. GuruFocus rates STU:VJC with a GF Score™ of 74/100 and a GF Value™ of €7.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,359 Construction companies, JGC Holdings ranks worse than 54.01% on this metric.

As of today (2026-08-03), JGC Holdings's current share price is €12.00. JGC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €15.77. JGC Holdings's Cyclically Adjusted PS Ratio for today is 0.76.

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

STU:VJC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.61   Max: 1.05
Current: 0.81

During the past years, JGC Holdings's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.27. And the median was 0.61.

STU:VJC's Cyclically Adjusted PS Ratio is ranked worse than
54.01% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs STU:VJC: 0.81

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.

JGC Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.021. 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 €15.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JGC Holdings  (STU:VJC) 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 0.56 0.62 0.54 0.41 0.81

JGC Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.41 0.44 0.53 0.67 0.81

STU:VJC 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.


STU:VJC
74GF Score
JGC Holdings Corp STU:VJC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.00/15.77
=0.76

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.021/112.7000*112.7000
=4.021

Current CPI (Mar. 2026) = 112.7000.

JGC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.470 98.100 6.284
201609 5.378 98.000 6.185
201612 6.362 98.400 7.287
201703 5.853 98.100 6.724
201706 4.867 98.500 5.569
201709 5.758 98.800 6.568
201712 5.521 99.400 6.260
201803 5.818 99.200 6.610
201806 4.505 99.200 5.118
201809 4.005 99.900 4.518
201812 4.543 99.700 5.135
201903 6.142 99.700 6.943
201906 3.488 99.800 3.939
201909 3.710 100.100 4.177
201912 4.049 100.500 4.541
202003 4.616 100.300 5.187
202006 3.168 99.900 3.574
202009 3.266 99.900 3.684
202012 3.310 99.300 3.757
202103 3.950 99.900 4.456
202106 3.196 99.500 3.620
202109 3.386 100.100 3.812
202112 3.125 100.100 3.518
202203 3.303 101.100 3.682
202206 3.304 101.800 3.658
202209 4.157 103.100 4.544
202212 4.138 104.100 4.480
202303 5.422 104.400 5.853
202306 4.879 105.200 5.227
202309 5.876 106.200 6.236
202312 5.213 106.800 5.501
202403 5.886 107.200 6.188
202406 4.971 108.200 5.178
202409 5.281 108.900 5.465
202412 5.074 110.700 5.166
202503 6.522 111.100 6.616
202506 4.709 111.700 4.751
202509 4.561 112.000 4.590
202512 4.201 113.000 4.190
202603 4.021 112.700 4.021

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.

What does a Cyclically Adjusted PS Ratio of 0.76 mean?
JGC Holdings (STU:VJC) has a Cyclically Adjusted PS Ratio of 0.76 as of Aug. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on JGC Holdings and its competitors. This is 25% above median its historical median of 0.61. Over the past decade, JGC Holdings' Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.05. According to the industry distribution chart, JGC Holdings ranks #734 out of 1359 companies in the Construction industry, placing it in the top 54%.
Is JGC Holdings' Cyclically Adjusted PS Ratio too high?
JGC Holdings' current Cyclically Adjusted PS Ratio of 0.76 is 25% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.05. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. JGC Holdings' value of 0.76 is 8.6% above this industry median. Based on the distribution chart, JGC Holdings ranks #734 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, JGC Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JGC Holdings' Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, JGC Holdings ranks #734 out of 1359 companies for Cyclically Adjusted PS Ratio. This places JGC Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. JGC Holdings' value of 0.76 is 8.6% above this benchmark. Historically, JGC Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.05 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.70, JGC Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JGC Holdings's current Cyclically Adjusted PS Ratio of 0.76 is 8.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on JGC Holdings and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JGC Holdings's current Cyclically Adjusted PS Ratio is 0.76, which is 25% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JGC Holdings stock overvalued right now?
Based on GuruFocus' analysis, JGC Holdings (STU:VJC) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.21, compared to a current price of €12.00 — trading 66.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.76, which is 25% above median its 10-year median of 0.61 and 8.6% above the Construction industry median of 0.70. JGC Holdings' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For JGC Holdings (STU:VJC), the current Cyclically Adjusted PS Ratio is 0.76 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JGC Holdings (STU:VJC) Overvalued in 2026?

Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued. The current stock price of €12.00 is trading 66.4% above its estimated GF Value™ of €7.21. GuruFocus considers JGC Holdings to be Significantly Overvalued.

Key valuation signals for STU:VJC:

  • Cyclically Adjusted PS Ratio: 0.76 (25% above median its 10-year median of 0.61)
  • GF Value™: €7.21 vs. price of €12.00 (66.4% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 8.6% above the Construction median (#734 of 1359)

No single metric tells the full story. See the STU:VJC 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.
74GF Score

Get the complete analysis for STU:VJC

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

€12.00
Price
€7.21
GF Value