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Central Japan Railway Co (Central Japan Railway Co) Cyclically Adjusted PS Ratio : 2.03 (As of Apr. 29, 2024)


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What is Central Japan Railway Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Central Japan Railway Co's current share price is $24.33. Central Japan Railway Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.99. Central Japan Railway Co's Cyclically Adjusted PS Ratio for today is 2.03.

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

CJPRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.08   Max: 2.97
Current: 2.11

During the past years, Central Japan Railway Co's highest Cyclically Adjusted PS Ratio was 2.97. The lowest was 1.46. And the median was 2.08.

CJPRF's Cyclically Adjusted PS Ratio is ranked worse than
76.55% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs CJPRF: 2.11

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.

Central Japan Railway Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.215. 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 $11.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Japan Railway Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Central 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.

Central Japan Railway Co Cyclically Adjusted PS Ratio Chart

Central 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 2.95 1.95 1.95 1.94 1.90

Central 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 1.95 1.90 2.16 2.16 2.12

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

For the Railroads subindustry, Central 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.


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

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

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



Central 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.33/11.99
=2.03

* 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.

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

For example, Central 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)
=3.215/106.8000*106.8000
=3.215

Current CPI (Dec. 2023) = 106.8000.

Central Japan Railway Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.035 95.700 4.503
201406 3.959 98.000 4.315
201409 3.970 98.500 4.305
201412 3.710 97.900 4.047
201503 3.540 97.900 3.862
201506 3.404 98.400 3.695
201509 3.771 98.500 4.089
201512 3.776 98.100 4.111
201603 3.835 97.900 4.184
201606 4.082 98.100 4.444
201609 4.429 98.000 4.827
201612 3.961 98.400 4.299
201703 3.943 98.100 4.293
201706 4.006 98.500 4.344
201709 4.241 98.800 4.584
201712 4.273 99.400 4.591
201803 4.311 99.200 4.641
201806 4.159 99.200 4.478
201809 4.279 99.900 4.575
201812 4.453 99.700 4.770
201903 4.317 99.700 4.624
201906 4.449 99.800 4.761
201909 4.591 100.100 4.898
201912 4.600 100.500 4.888
202003 3.752 100.300 3.995
202006 1.219 99.900 1.303
202009 2.016 99.900 2.155
202012 2.599 99.300 2.795
202103 2.061 99.900 2.203
202106 1.667 99.500 1.789
202109 1.903 100.100 2.030
202112 2.673 100.100 2.852
202203 2.132 101.100 2.252
202206 2.347 101.800 2.462
202209 2.304 103.100 2.387
202212 2.900 104.100 2.975
202303 2.898 104.400 2.965
202306 2.840 105.200 2.883
202309 2.904 106.200 2.920
202312 3.215 106.800 3.215

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.


Central Japan Railway Co  (OTCPK:CJPRF) 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.


Central Japan Railway Co Cyclically Adjusted PS Ratio Related Terms

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Central Japan Railway Co (Central Japan Railway Co) Business Description

Traded in Other Exchanges
Address
JR Central Towers, Meieki 1-1-4, Nakamura-ku, Aichi, Nagoya, JPN, 450-6101
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main asset is the Tokaido Shinkansen, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. It contributes three-fourths of revenue, with most of the balance from merchandise, conventional train lines, and real estate.

Central Japan Railway Co (Central Japan Railway Co) Headlines