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TOCALO Co (TSE:3433) Cyclically Adjusted PS Ratio : 2.99 (As of May. 26, 2024)


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What is TOCALO Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), TOCALO Co's current share price is 円1924.00. TOCALO Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円643.78. TOCALO Co's Cyclically Adjusted PS Ratio for today is 2.99.

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

TSE:3433' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.37   Max: 3.88
Current: 2.99

During the past years, TOCALO Co's highest Cyclically Adjusted PS Ratio was 3.88. The lowest was 1.52. And the median was 2.37.

TSE:3433's Cyclically Adjusted PS Ratio is ranked worse than
82.68% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs TSE:3433: 2.99

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.

TOCALO Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円198.777. 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643.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOCALO Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TOCALO 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.

TOCALO Co Cyclically Adjusted PS Ratio Chart

TOCALO 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 2.14 2.88 2.51 2.15 -

TOCALO 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 2.15 2.44 2.16 2.32 -

Competitive Comparison of TOCALO Co's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, TOCALO 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.


TOCALO Co's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TOCALO Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TOCALO 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.

TOCALO Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1924.00/643.78
=2.99

* 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.

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

For example, TOCALO 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)
=198.777/106.8000*106.8000
=198.777

Current CPI (Dec. 2023) = 106.8000.

TOCALO Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 98.662 95.700 110.106
201406 105.982 98.000 115.499
201409 96.240 98.500 104.350
201412 110.750 97.900 120.818
201503 115.808 97.900 126.336
201506 127.425 98.400 138.303
201509 115.030 98.500 124.723
201512 116.172 98.100 126.475
201603 114.202 97.900 124.584
201606 116.290 98.100 126.603
201609 116.307 98.000 126.751
201612 120.700 98.400 131.004
201703 123.109 98.100 134.027
201706 134.851 98.500 146.214
201709 134.287 98.800 145.160
201712 147.315 99.400 158.282
201803 144.596 99.200 155.674
201806 182.844 99.200 196.852
201809 161.642 99.900 172.806
201812 160.918 99.700 172.378
201903 145.275 99.700 155.621
201906 162.793 99.800 174.211
201909 146.344 100.100 156.139
201912 159.421 100.500 169.415
202003 154.782 100.300 164.813
202006 163.714 99.900 175.022
202009 152.184 99.900 162.695
202012 165.704 99.300 178.219
202103 164.734 99.900 176.112
202106 176.593 99.500 189.549
202109 170.411 100.100 181.817
202112 182.986 100.100 195.234
202203 190.500 101.100 201.240
202206 195.761 101.800 205.376
202209 198.744 103.100 205.876
202212 204.250 104.100 209.548
202303 192.614 104.400 197.042
202306 194.101 105.200 197.053
202309 186.016 106.200 187.067
202312 198.777 106.800 198.777

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.


TOCALO Co  (TSE:3433) 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.


TOCALO Co Cyclically Adjusted PS Ratio Related Terms

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


TOCALO Co (TSE:3433) Business Description

Traded in Other Exchanges
N/A
Address
4-13-4, Fukaekita-Machi, Higashinada-Ku, Kobe, JPN, 658-0013
TOCALO Co Ltd develops surface modifying technologies in Japan and internationally. The company produces various functional coatings through thermal spraying technology, including vacuum plasma, atmospheric plasma, electric arc, and high-velocity oxy-fuel spraying, as well as powder, rod, and wire flame spraying processes. It also provides peripheral surface technologies, such as WIN KOTE, CDC-ZAC, and Lite Force coatings; and TD, PTA, and PVD processes.

TOCALO Co (TSE:3433) Headlines

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