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East Japan Railway Co (TSE:9020) Cyclically Adjusted PS Ratio : 1.19 (As of May. 01, 2024)


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What is East Japan Railway Co Cyclically Adjusted PS Ratio?

As of today (2024-05-01), East Japan Railway Co's current share price is 円2893.00. East Japan Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,435.53. East Japan Railway Co's Cyclically Adjusted PS Ratio for today is 1.19.

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

TSE:9020' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.23   Max: 1.66
Current: 1.18

During the past years, East Japan Railway Co's highest Cyclically Adjusted PS Ratio was 1.66. The lowest was 0.76. And the median was 1.23.

TSE:9020's Cyclically Adjusted PS Ratio is ranked worse than
59.32% of 735 companies
in the Transportation industry
Industry Median: 0.83 vs TSE:9020: 1.18

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.

East Japan Railway Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円620.571. 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2,435.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


East Japan Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for East Japan Railway 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.

East Japan Railway Co Cyclically Adjusted PS Ratio Chart

East Japan Railway Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.11 1.10 1.01 1.02

East Japan Railway Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.05 1.02 1.11 1.18 1.11

Competitive Comparison of East Japan Railway Co's Cyclically Adjusted PS Ratio

For the Railroads subindustry, East Japan Railway 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.


East Japan Railway Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



East Japan Railway 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2893.00/2435.53
=1.19

* 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.

East Japan Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, East Japan Railway 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)
=620.571/106.8000*106.8000
=620.571

Current CPI (Dec. 2023) = 106.8000.

East Japan Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 567.342 95.700 633.147
201406 557.140 98.000 607.169
201409 592.369 98.500 642.284
201412 601.820 97.900 656.531
201503 586.008 97.900 639.281
201506 584.377 98.400 634.263
201509 623.876 98.500 676.446
201512 619.541 98.100 674.485
201603 610.448 97.900 665.943
201606 595.314 98.100 648.109
201609 632.054 98.000 688.810
201612 622.660 98.400 675.814
201703 616.887 98.100 671.596
201706 612.081 98.500 663.657
201709 651.327 98.800 704.066
201712 642.043 99.400 689.841
201803 643.397 99.200 692.690
201806 631.136 99.200 679.489
201809 664.608 99.900 710.512
201812 669.453 99.700 717.127
201903 654.885 99.700 701.522
201906 650.689 99.800 696.329
201909 685.893 100.100 731.802
201912 660.826 100.500 702.251
202003 600.839 100.300 639.777
202006 294.194 99.900 314.514
202009 401.468 99.900 429.197
202012 458.564 99.300 493.199
202103 404.976 99.900 432.947
202106 382.955 99.500 411.051
202109 392.714 100.100 419.000
202112 534.544 100.100 570.323
202203 438.425 101.100 463.143
202206 492.719 101.800 516.919
202209 492.575 103.100 510.252
202212 540.781 104.100 554.807
202303 600.442 104.400 614.245
202306 557.100 105.200 565.573
202309 593.280 106.200 596.632
202312 620.571 106.800 620.571

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.


East Japan Railway Co  (TSE:9020) 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.


East Japan Railway Co Cyclically Adjusted PS Ratio Related Terms

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


East Japan Railway Co (TSE:9020) Business Description

Traded in Other Exchanges
Address
2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578
East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.

East Japan Railway Co (TSE:9020) Headlines

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