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JGC Holdings (TSE:1963) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 07, 2024)


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What is JGC Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-07), JGC Holdings's current share price is 円1210.50. JGC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,747.58. JGC Holdings's Cyclically Adjusted PS Ratio for today is 0.44.

The historical rank and industry rank for JGC Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:1963' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.64   Max: 1.05
Current: 0.44

During the past years, JGC Holdings's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.27. And the median was 0.64.

TSE:1963's Cyclically Adjusted PS Ratio is ranked better than
61.56% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs TSE:1963: 0.44

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.

JGC Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was 円818.552. 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2,747.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


JGC Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for JGC Holdings'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.

JGC Holdings Cyclically Adjusted PS Ratio Chart

JGC Holdings 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 0.33 0.52 0.56 0.62 -

JGC Holdings 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 0.62 0.70 0.76 0.59 -

Competitive Comparison of JGC Holdings's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, JGC Holdings'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.


JGC Holdings's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, JGC Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where JGC Holdings's Cyclically Adjusted PS Ratio falls into.



JGC Holdings 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.

JGC Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1210.50/2747.58
=0.44

* 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.

JGC Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, JGC Holdings'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)
=818.552/106.8000*106.8000
=818.552

Current CPI (Dec. 2023) = 106.8000.

JGC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 747.705 95.700 834.429
201406 675.321 98.000 735.962
201409 913.365 98.500 990.329
201412 834.415 97.900 910.271
201503 742.729 97.900 810.250
201506 821.233 98.400 891.338
201509 907.415 98.500 983.877
201512 872.899 98.100 950.312
201603 885.756 97.900 966.279
201606 647.506 98.100 704.930
201609 614.310 98.000 669.473
201612 778.518 98.400 844.977
201703 706.903 98.100 769.595
201706 606.497 98.500 657.603
201709 760.262 98.800 821.822
201712 737.964 99.400 792.903
201803 760.765 99.200 819.049
201806 579.282 99.200 623.662
201809 523.820 99.900 560.000
201812 579.902 99.700 621.199
201903 771.306 99.700 826.234
201906 425.888 99.800 455.760
201909 439.443 100.100 468.856
201912 490.880 100.500 521.652
202003 549.110 100.300 584.695
202006 383.806 99.900 410.315
202009 406.162 99.900 434.215
202012 417.989 99.300 449.559
202103 511.126 99.900 546.429
202106 424.023 99.500 455.132
202109 438.886 100.100 468.262
202112 401.976 100.100 428.881
202203 431.372 101.100 455.693
202206 467.920 101.800 490.902
202209 589.801 103.100 610.967
202212 591.346 104.100 606.684
202303 775.892 104.400 793.729
202306 747.237 105.200 758.602
202309 927.156 106.200 932.394
202312 818.552 106.800 818.552

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.


JGC Holdings  (TSE:1963) 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.


JGC Holdings Cyclically Adjusted PS Ratio Related Terms

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


JGC Holdings (TSE:1963) Business Description

Traded in Other Exchanges
Address
2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.

JGC Holdings (TSE:1963) Headlines

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