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Japan Logistics Fund (TSE:8967) Cyclically Adjusted PS Ratio : 12.70 (As of Jun. 10, 2024)


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What is Japan Logistics Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Japan Logistics Fund's current share price is 円271500.00. Japan Logistics Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 was 円21,380.70. Japan Logistics Fund's Cyclically Adjusted PS Ratio for today is 12.70.

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

TSE:8967' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.04   Med: 14.67   Max: 18.43
Current: 12.7

During the past 13 years, Japan Logistics Fund's highest Cyclically Adjusted PS Ratio was 18.43. The lowest was 9.04. And the median was 14.67.

TSE:8967's Cyclically Adjusted PS Ratio is ranked worse than
90.24% of 492 companies
in the REITs industry
Industry Median: 4.875 vs TSE:8967: 12.70

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.

Japan Logistics Fund's adjusted revenue per share data of for the fiscal year that ended in Jul23 was 円21,729.352. 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21,380.70 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Logistics Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund Cyclically Adjusted PS Ratio Chart

Japan Logistics Fund Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.77 16.74 17.19 15.80 14.05

Japan Logistics Fund Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 15.80 - 14.05 -

Competitive Comparison of Japan Logistics Fund's Cyclically Adjusted PS Ratio

For the REIT - Industrial subindustry, Japan Logistics Fund'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.


Japan Logistics Fund's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Logistics Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Japan Logistics Fund's Cyclically Adjusted PS Ratio falls into.



Japan Logistics Fund 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.

Japan Logistics Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=271500.00/21380.7
=12.70

* 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.

Japan Logistics Fund's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Japan Logistics Fund's adjusted Revenue per Share data for the fiscal year that ended in Jul23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=21729.352/105.7000*105.7000
=21,729.352

Current CPI (Jul23) = 105.7000.

Japan Logistics Fund Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201407 16,729.176 98.100 18,025.218
201507 19,869.065 98.300 21,364.803
201607 17,322.251 97.900 18,702.369
201707 17,890.591 98.300 19,237.390
201807 19,606.383 99.200 20,891.075
201907 21,079.453 99.800 22,325.633
202007 27,313.189 100.000 28,870.041
202107 20,193.081 99.700 21,408.312
202207 20,568.940 102.300 21,252.561
202307 21,729.352 105.700 21,729.352

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.


Japan Logistics Fund  (TSE:8967) 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.


Japan Logistics Fund Cyclically Adjusted PS Ratio Related Terms

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Japan Logistics Fund (TSE:8967) Business Description

Traded in Other Exchanges
N/A
Address
4-3 Hitotsubashi 2-chome, Chiyoda-ku, Tokyo, JPN, 101-0003
Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

Japan Logistics Fund (TSE:8967) Headlines

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