GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » West Japan Railway Co (OTCPK:WJRYY) » Definitions » Cyclically Adjusted PS Ratio

West Japan Railway Co (West Japan Railway Co) Cyclically Adjusted PS Ratio : 0.75 (As of Apr. 30, 2024)


View and export this data going back to . Start your Free Trial

What is West Japan Railway Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), West Japan Railway Co's current share price is $19.05. West Japan Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $25.45. West Japan Railway Co's Cyclically Adjusted PS Ratio for today is 0.75.

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

WJRYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.91   Max: 1.35
Current: 0.82

During the past years, West Japan Railway Co's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.61. And the median was 0.91.

WJRYY's Cyclically Adjusted PS Ratio is ranked better than
50.41% of 730 companies
in the Transportation industry
Industry Median: 0.83 vs WJRYY: 0.82

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.

West Japan Railway Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.048. 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 $25.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Japan Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for West 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.

West Japan Railway Co Cyclically Adjusted PS Ratio Chart

West 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 1.15 1.00 0.85 0.72 0.77

West 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 0.81 0.77 0.84 0.86 0.82

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

For the Railroads subindustry, West 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.


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

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

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



West 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.05/25.45
=0.75

* 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.

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

For example, West 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)
=6.048/106.8000*106.8000
=6.048

Current CPI (Dec. 2023) = 106.8000.

West Japan Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.707 95.700 9.717
201406 7.976 98.000 8.692
201409 8.084 98.500 8.765
201412 7.472 97.900 8.151
201503 7.583 97.900 8.272
201506 7.126 98.400 7.734
201509 7.911 98.500 8.578
201512 7.780 98.100 8.470
201603 8.586 97.900 9.367
201606 8.289 98.100 9.024
201609 9.191 98.000 10.016
201612 8.141 98.400 8.836
201703 8.586 98.100 9.347
201706 8.208 98.500 8.900
201709 8.733 98.800 9.440
201712 8.787 99.400 9.441
201803 9.476 99.200 10.202
201806 8.477 99.200 9.126
201809 8.710 99.900 9.312
201812 9.078 99.700 9.724
201903 9.360 99.700 10.027
201906 8.808 99.800 9.426
201909 9.629 100.100 10.273
201912 9.333 100.500 9.918
202003 8.659 100.300 9.220
202006 4.487 99.900 4.797
202009 5.394 99.900 5.767
202012 6.287 99.300 6.762
202103 6.451 99.900 6.897
202106 4.797 99.500 5.149
202109 4.371 100.100 4.664
202112 5.276 100.100 5.629
202203 5.206 101.100 5.500
202206 4.549 101.800 4.772
202209 4.574 103.100 4.738
202212 5.444 104.100 5.585
202303 6.458 104.400 6.606
202306 5.360 105.200 5.442
202309 5.560 106.200 5.591
202312 6.048 106.800 6.048

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.


West Japan Railway Co  (OTCPK:WJRYY) 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.


West Japan Railway Co Cyclically Adjusted PS Ratio Related Terms

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


West Japan Railway Co (West Japan Railway Co) Business Description

Traded in Other Exchanges
Address
4-24, Shibata 2-chome, Kita-ku, Osaka, JPN, 530-8341
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.

West Japan Railway Co (West Japan Railway Co) Headlines