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Toho Gas Co (FRA:59W) Cyclically Adjusted PS Ratio : 0.76 (As of Jun. 02, 2025)


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What is Toho Gas Co Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Toho Gas Co's current share price is €24.20. Toho Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was €31.81. Toho Gas Co's Cyclically Adjusted PS Ratio for today is 0.76.

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

FRA:59W' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.78   Max: 1.53
Current: 0.76

During the past years, Toho Gas Co's highest Cyclically Adjusted PS Ratio was 1.53. The lowest was 0.48. And the median was 0.78.

FRA:59W's Cyclically Adjusted PS Ratio is ranked better than
71.5% of 400 companies
in the Utilities - Regulated industry
Industry Median: 1.46 vs FRA:59W: 0.76

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.

Toho Gas Co's adjusted revenue per share data for the three months ended in Dec. 2024 was €10.175. 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 €31.81 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Gas Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toho Gas 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 Gas Co Cyclically Adjusted PS Ratio Chart

Toho Gas Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 0.59 0.50 0.67 -

Toho Gas Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.67 0.75 0.76 0.80 -

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

For the Utilities - Regulated Gas subindustry, Toho Gas 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 Gas Co's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.20/31.81
=0.76

* 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.

Toho Gas Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Toho Gas Co's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=10.175/110.7000*110.7000
=10.175

Current CPI (Dec. 2024) = 110.7000.

Toho Gas Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 12.443 97.900 14.070
201506 8.711 98.400 9.800
201509 7.261 98.500 8.160
201512 7.398 98.100 8.348
201603 10.027 97.900 11.338
201606 7.505 98.100 8.469
201609 6.570 98.000 7.421
201612 6.866 98.400 7.724
201703 9.433 98.100 10.645
201706 7.346 98.500 8.256
201709 6.556 98.800 7.346
201712 7.583 99.400 8.445
201803 9.437 99.200 10.531
201806 7.370 99.200 8.224
201809 7.178 99.900 7.954
201812 8.603 99.700 9.552
201903 10.769 99.700 11.957
201906 9.265 99.800 10.277
201909 8.748 100.100 9.674
201912 8.579 100.500 9.450
202003 11.596 100.300 12.798
202006 7.945 99.900 8.804
202009 7.694 99.900 8.526
202012 7.490 99.300 8.350
202103 9.675 99.900 10.721
202106 7.338 99.500 8.164
202109 7.679 100.100 8.492
202112 9.466 100.100 10.468
202203 13.055 101.100 14.295
202206 9.710 101.800 10.559
202209 10.617 103.100 11.400
202212 12.192 104.100 12.965
202303 14.628 104.400 15.511
202306 9.645 105.200 10.149
202309 8.779 106.200 9.151
202312 9.006 106.800 9.335
202403 10.712 107.200 11.062
202406 8.264 108.200 8.455
202409 9.005 108.900 9.154
202412 10.175 110.700 10.175

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 Gas Co  (FRA:59W) 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 Gas Co Cyclically Adjusted PS Ratio Related Terms

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


Toho Gas Co Business Description

Traded in Other Exchanges
Address
19-18,Sakurada-cho, Atsuta-ku, Nagoya, JPN, 456-8511
Toho Gas Co Ltd is a Japanese natural gas provider operating in the Tokai region of the Japanese island of Honshu. Toho Gas is mainly involved in the supply and distribution of natural gas and liquefied petroleum gas, or LPG, to urban areas within Tokai. The company segments its operations into Gas Sales, Gas Appliance Sales and Related Construction, and LPG and Other Energies business units. Toho Gas's Gas Sales division derives the vast majority of the company's total revenue from the sale and supply of natural gas to the many manufacturing plants and industrial customers that inhabit its home region. The company's sales of LPG and thermal energy to mainly industrial consumers also represent a significant revenue stream. Toho Gas is one of the largest city gas providers in Japan.

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