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Tosoh (TOSCF) Cyclically Adjusted PS Ratio : 0.69 (As of May. 16, 2024)


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What is Tosoh Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Tosoh's current share price is $13.71. Tosoh's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.76. Tosoh's Cyclically Adjusted PS Ratio for today is 0.69.

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

TOSCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.68   Max: 1.1
Current: 0.7

During the past years, Tosoh's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.36. And the median was 0.68.

TOSCF's Cyclically Adjusted PS Ratio is ranked better than
68.41% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs TOSCF: 0.70

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.

Tosoh's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.719. 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 $19.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tosoh Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tosoh'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.

Tosoh Cyclically Adjusted PS Ratio Chart

Tosoh 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 0.49 0.85 0.71 0.66 -

Tosoh 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 0.66 0.61 0.68 0.64 -

Competitive Comparison of Tosoh's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Tosoh'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.


Tosoh's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tosoh's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tosoh 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.

Tosoh's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.71/19.76
=0.69

* 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.

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

For example, Tosoh'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)
=5.719/106.8000*106.8000
=5.719

Current CPI (Dec. 2023) = 106.8000.

Tosoh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.894 95.700 7.694
201406 5.825 98.000 6.348
201409 6.374 98.500 6.911
201412 5.746 97.900 6.268
201503 6.083 97.900 6.636
201506 4.947 98.400 5.369
201509 5.221 98.500 5.661
201512 4.733 98.100 5.153
201603 4.973 97.900 5.425
201606 4.854 98.100 5.284
201609 5.169 98.000 5.633
201612 4.675 98.400 5.074
201703 6.256 98.100 6.811
201706 5.283 98.500 5.728
201709 5.588 98.800 6.040
201712 5.728 99.400 6.154
201803 6.410 99.200 6.901
201806 5.714 99.200 6.152
201809 6.037 99.900 6.454
201812 6.067 99.700 6.499
201903 5.974 99.700 6.399
201906 5.485 99.800 5.870
201909 5.826 100.100 6.216
201912 5.510 100.500 5.855
202003 5.551 100.300 5.911
202006 4.500 99.900 4.811
202009 5.106 99.900 5.459
202012 5.689 99.300 6.119
202103 6.244 99.900 6.675
202106 5.740 99.500 6.161
202109 6.482 100.100 6.916
202112 6.648 100.100 7.093
202203 6.598 101.100 6.970
202206 5.916 101.800 6.207
202209 6.013 103.100 6.229
202212 6.237 104.100 6.399
202303 6.339 104.400 6.485
202306 5.347 105.200 5.428
202309 5.206 106.200 5.235
202312 5.719 106.800 5.719

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.


Tosoh  (OTCPK:TOSCF) 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.


Tosoh Cyclically Adjusted PS Ratio Related Terms

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


Tosoh (TOSCF) Business Description

Industry
Traded in Other Exchanges
Address
3-8-2 Shiba, Minata-ku, Tokyo, JPN, 105-8623
Tosoh Corp manufactures and sells a variety of petrochemicals, plastics, and chemical-based products. The firm organizes itself into four segments, based on product type. The Petrochemical segment, which generates more revenue than any other segment, sells olefins and polymers, including ethylene and polyvinyl chloride, which are used to make plastics for a variety of end uses. The Chlor-Alkali segment sells caustic soda used to make soap, baking soda, and water treatment products. The Specialty segment sells battery materials, a variety of zirconia products, bromine used in electronics flame retardants, and clinical diagnostics equipment. The Engineering segment provides construction and water treatment services. The majority of revenue comes from Japan.

Tosoh (TOSCF) Headlines

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