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Toho Zinc Co (Toho Zinc Co) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Toho Zinc Co Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Zinc Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toho Zinc 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.

Toho Zinc Co Cyclically Adjusted PS Ratio Chart

Toho Zinc 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 0.14 0.28 0.34 0.22 -

Toho Zinc 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 0.22 0.18 0.18 0.12 -

Competitive Comparison of Toho Zinc Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Toho Zinc 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.


Toho Zinc Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Zinc Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Toho Zinc Co's Cyclically Adjusted PS Ratio falls into.



Toho Zinc 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.

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

For example, Toho Zinc 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)
=18.102/106.8000*106.8000
=18.102

Current CPI (Dec. 2023) = 106.8000.

Toho Zinc Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 20.683 95.700 23.082
201406 20.441 98.000 22.277
201409 21.924 98.500 23.771
201412 18.371 97.900 20.041
201503 18.967 97.900 20.691
201506 18.605 98.400 20.193
201509 17.670 98.500 19.159
201512 17.004 98.100 18.512
201603 16.933 97.900 18.472
201606 16.534 98.100 18.000
201609 17.802 98.000 19.401
201612 20.274 98.400 22.005
201703 22.013 98.100 23.965
201706 19.100 98.500 20.709
201709 23.328 98.800 25.217
201712 24.599 99.400 26.430
201803 22.252 99.200 23.957
201806 20.543 99.200 22.117
201809 18.252 99.900 19.513
201812 20.872 99.700 22.358
201903 18.068 99.700 19.355
201906 15.964 99.800 17.084
201909 17.623 100.100 18.803
201912 17.271 100.500 18.354
202003 15.526 100.300 16.532
202006 15.001 99.900 16.037
202009 16.249 99.900 17.371
202012 20.324 99.300 21.859
202103 20.063 99.900 21.449
202106 19.101 99.500 20.502
202109 19.564 100.100 20.873
202112 22.180 100.100 23.665
202203 19.981 101.100 21.108
202206 18.295 101.800 19.194
202209 20.781 103.100 21.527
202212 19.867 104.100 20.382
202303 19.646 104.400 20.098
202306 16.300 105.200 16.548
202309 15.267 106.200 15.353
202312 18.102 106.800 18.102

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.


Toho Zinc Co  (OTCPK:TOHZF) 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.


Toho Zinc Co Cyclically Adjusted PS Ratio Related Terms

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Toho Zinc Co (Toho Zinc Co) Business Description

Traded in Other Exchanges
Address
1-8-2 Marunouchi, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-8207
Toho Zinc Co Ltd is engaged in smelting and refining of non-ferrous metals and supplier of zinc products. Its products portfolio consists of zinc powder, Cadmium Oxide, Sulfuric Acid, Electrolytic Zinc, and Zinc Alloys for Die Casting. The company's segments include Smelting, Mineral resources, Electronic components, and Environment and recycling. The majority of the company's revenue is derived from sale and production of zinc and lead products, electric silver and sulfuric acid. The company operates in Japan, Asia, and Oceania.

Toho Zinc Co (Toho Zinc Co) Headlines

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