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Japan Airport Terminal Co (TSE:9706) Cyclically Adjusted PS Ratio : 2.47 (As of May. 26, 2024)


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What is Japan Airport Terminal Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Japan Airport Terminal Co's current share price is 円5385.00. Japan Airport Terminal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,181.42. Japan Airport Terminal Co's Cyclically Adjusted PS Ratio for today is 2.47.

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

TSE:9706' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.42   Max: 3.41
Current: 2.47

During the past years, Japan Airport Terminal Co's highest Cyclically Adjusted PS Ratio was 3.41. The lowest was 1.59. And the median was 2.42.

TSE:9706's Cyclically Adjusted PS Ratio is ranked worse than
78.73% of 738 companies
in the Transportation industry
Industry Median: 0.835 vs TSE:9706: 2.47

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 Airport Terminal Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円632.090. 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2,181.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Airport Terminal Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Japan Airport Terminal 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.

Japan Airport Terminal Co Cyclically Adjusted PS Ratio Chart

Japan Airport Terminal Co 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 1.80 2.48 2.65 3.12 -

Japan Airport Terminal Co 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 3.12 3.05 2.94 2.85 -

Competitive Comparison of Japan Airport Terminal Co's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, Japan Airport Terminal 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.


Japan Airport Terminal Co's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Japan Airport Terminal 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.

Japan Airport Terminal Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5385.00/2181.42
=2.47

* 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 Airport Terminal Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Japan Airport Terminal 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)
=632.09/106.8000*106.8000
=632.090

Current CPI (Dec. 2023) = 106.8000.

Japan Airport Terminal Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 448.196 95.700 500.181
201406 480.530 98.000 523.680
201409 532.808 98.500 577.705
201412 563.216 97.900 614.417
201503 559.394 97.900 610.248
201506 588.748 98.400 639.007
201509 587.499 98.500 637.004
201512 607.239 98.100 661.092
201603 614.800 97.900 670.691
201606 574.291 98.100 625.222
201609 598.391 98.000 652.124
201612 607.636 98.400 659.507
201703 625.704 98.100 681.195
201706 607.947 98.500 659.175
201709 662.046 98.800 715.653
201712 688.813 99.400 740.093
201803 696.180 99.200 749.516
201806 801.214 99.200 862.597
201809 814.932 99.900 871.219
201812 821.990 99.700 880.527
201903 778.803 99.700 834.264
201906 794.616 99.800 850.351
201909 794.004 100.100 847.149
201912 800.312 100.500 850.481
202003 570.062 100.300 607.005
202006 107.906 99.900 115.359
202009 166.519 99.900 178.020
202012 214.557 99.300 230.762
202103 137.980 99.900 147.510
202106 128.736 99.500 138.181
202109 149.285 100.100 159.277
202112 179.231 100.100 191.227
202203 155.328 101.100 164.085
202206 207.954 101.800 218.168
202209 260.294 103.100 269.635
202212 348.021 104.100 357.047
202303 397.515 104.400 406.653
202306 493.848 105.200 501.359
202309 581.419 106.200 584.704
202312 632.090 106.800 632.090

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 Airport Terminal Co  (TSE:9706) 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 Airport Terminal Co Cyclically Adjusted PS Ratio Related Terms

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


Japan Airport Terminal Co (TSE:9706) Business Description

Traded in Other Exchanges
Address
3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

Japan Airport Terminal Co (TSE:9706) Headlines

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