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Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) PS Ratio : 5.08 (As of Apr. 30, 2024)


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What is Japan Smaller Capitalization Fund PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Japan Smaller Capitalization Fund's share price is $7.6003. Japan Smaller Capitalization Fund's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $1.50. Hence, Japan Smaller Capitalization Fund's PS Ratio for today is 5.08.

The historical rank and industry rank for Japan Smaller Capitalization Fund's PS Ratio or its related term are showing as below:

JOF' s PS Ratio Range Over the Past 10 Years
Min: 2.1   Med: 3.24   Max: 5.42
Current: 5.11

During the past 6 years, Japan Smaller Capitalization Fund's highest PS Ratio was 5.42. The lowest was 2.10. And the median was 3.24.

JOF's PS Ratio is ranked better than
69.12% of 1412 companies
in the Asset Management industry
Industry Median: 8.465 vs JOF: 5.11

Japan Smaller Capitalization Fund's Revenue per Sharefor the six months ended in Aug. 2023 was $0.81. Its Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $1.50.

Warning Sign:

Japan Smaller Capitalization Fund Inc revenue per share has been in decline over the past 3 years.

During the past 3 years, the average Revenue per Share Growth Rate was -12.30% per year.

During the past 6 years, Japan Smaller Capitalization Fund's highest 3-Year average Revenue per Share Growth Rate was 34.10% per year. The lowest was -22.80% per year. And the median was -12.30% per year.

Back to Basics: PS Ratio


Japan Smaller Capitalization Fund PS Ratio Historical Data

The historical data trend for Japan Smaller Capitalization Fund's 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 Smaller Capitalization Fund PS Ratio Chart

Japan Smaller Capitalization Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
PS Ratio
Get a 7-Day Free Trial - - 5.10 - -

Japan Smaller Capitalization Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Japan Smaller Capitalization Fund's PS Ratio

For the Asset Management subindustry, Japan Smaller Capitalization Fund's PS Ratio, along with its competitors' market caps and 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 Smaller Capitalization Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Smaller Capitalization Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Japan Smaller Capitalization Fund's PS Ratio falls into.



Japan Smaller Capitalization Fund PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Japan Smaller Capitalization Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=7.6003/1.496
=5.08

Japan Smaller Capitalization Fund's Share Price of today is $7.6003.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Japan Smaller Capitalization Fund's Revenue per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $1.50.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Japan Smaller Capitalization Fund  (NYSE:JOF) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Japan Smaller Capitalization Fund PS Ratio Related Terms

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Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Business Description

Traded in Other Exchanges
N/A
Address
309 West 49th Street, Worldwide Plaza, New York, NY, USA, 10019
Japan Smaller Capitalization Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investments in smaller capitalization Japanese equity securities. Its portfolio of investments consists of different sectors such as banks, chemicals, construction, electric appliances, financing business, food, Information and Communication, Utilities, Real Estate, and others.
Executives
She Yi officer: Assistant Treasurer WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Rodney A Buck director WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Atsushi Katayama other: Lead Portfolio Manager WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Shinichi Masuda officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Melanie Dana Malc officer: Assistant Treasurer WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Paige Ouimet director WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Michael Morronngiello officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Hiroyasu Koike other: CEO to the Adviser of JOF WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Junko Nakagawa other: CEO to the Adviser of JOF WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Yuichi Nomoto director, officer: President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Zheng Liu officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Takeshi Toyoshima officer: Vice President NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019
Lee Kelly So Young officer: Assistant Treasurer NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019
Marcia L Macharg director 309 WEST 49TH STREET, NEW YORK NY 10019
Kunio Watanabe other: CEO of Adviser of JOF C/O NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019

Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Headlines

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