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Japan Petroleum Exploration Co (TSE:1662) Cyclically Adjusted PS Ratio : 1.27 (As of May. 25, 2024)


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What is Japan Petroleum Exploration Co Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Japan Petroleum Exploration Co's current share price is 円6530.00. Japan Petroleum Exploration Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円5,135.20. Japan Petroleum Exploration Co's Cyclically Adjusted PS Ratio for today is 1.27.

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

TSE:1662' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.6   Max: 1.39
Current: 1.29

During the past years, Japan Petroleum Exploration Co's highest Cyclically Adjusted PS Ratio was 1.39. The lowest was 0.34. And the median was 0.60.

TSE:1662's Cyclically Adjusted PS Ratio is ranked worse than
60.24% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs TSE:1662: 1.29

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 Petroleum Exploration Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円1,464.754. 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 円5,135.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Petroleum Exploration Co Cyclically Adjusted PS Ratio Historical Data

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

Japan Petroleum Exploration 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 0.39 0.45 0.56 0.90 -

Japan Petroleum Exploration 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 0.90 0.86 1.11 1.02 -

Competitive Comparison of Japan Petroleum Exploration Co's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Japan Petroleum Exploration 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 Petroleum Exploration Co's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Japan Petroleum Exploration Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6530.00/5135.2
=1.27

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

For example, Japan Petroleum Exploration 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)
=1464.754/106.8000*106.8000
=1,464.754

Current CPI (Dec. 2023) = 106.8000.

Japan Petroleum Exploration Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,685.458 95.700 1,880.950
201406 1,439.302 98.000 1,568.545
201409 1,130.142 98.500 1,225.372
201412 1,444.911 97.900 1,576.267
201503 1,320.666 97.900 1,440.727
201506 1,050.444 98.400 1,140.116
201509 1,121.936 98.500 1,216.475
201512 1,106.591 98.100 1,204.729
201603 925.586 97.900 1,009.730
201606 736.562 98.100 801.884
201609 864.312 98.000 941.924
201612 930.555 98.400 1,009.993
201703 1,092.716 98.100 1,189.624
201706 1,046.385 98.500 1,134.558
201709 919.969 98.800 994.460
201712 802.967 99.400 862.745
201803 1,265.988 99.200 1,362.979
201806 1,008.241 99.200 1,085.485
201809 1,006.299 99.900 1,075.803
201812 1,614.771 99.700 1,729.765
201903 1,059.524 99.700 1,134.977
201906 1,631.649 99.800 1,746.093
201909 1,208.930 100.100 1,289.847
201912 1,495.512 100.500 1,589.261
202003 1,242.354 100.300 1,322.865
202006 892.672 99.900 954.328
202009 824.276 99.900 881.208
202012 909.365 99.300 978.048
202103 1,576.477 99.900 1,685.363
202106 877.510 99.500 941.890
202109 1,198.823 100.100 1,279.064
202112 928.733 100.100 990.896
202203 1,386.060 101.100 1,464.206
202206 1,063.135 101.800 1,115.352
202209 1,141.463 103.100 1,182.427
202212 1,922.668 104.100 1,972.535
202303 2,053.974 104.400 2,101.192
202306 1,130.841 105.200 1,148.040
202309 1,648.234 106.200 1,657.546
202312 1,464.754 106.800 1,464.754

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 Petroleum Exploration Co  (TSE:1662) 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 Petroleum Exploration Co Cyclically Adjusted PS Ratio Related Terms

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


Japan Petroleum Exploration Co (TSE:1662) Business Description

Traded in Other Exchanges
Address
Sapia Tower, 1-7-12, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Japan Petroleum Exploration Co Ltd is a drilling and exploration company that specializes in the production of crude oil and liquefied natural gas. Majority of the company's revenue is derived from oil and gas fields in Japan, with additional production coming from various international positions. Japan Petroleum Exploration serves natural gas to electric power companies, local distribution companies, and various industrial users. It also supplies and sells crude oil to petroleum refiners and trading companies.

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