Toyota Tsusho (FRA:9TO0) Cyclically Adjusted PS Ratio: 0.73 (As of Jul. 27, 2026) — 204% Above Median

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FRA:9TO0 Toyota Tsusho Corp FRA:9TO0
75 GF Score
Price €16.30
GF Value €8.76
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What is Toyota Tsusho Cyclically Adjusted PS Ratio?

Toyota Tsusho FRA:9TO0 -2.98% 75 Cyclically Adjusted PS Ratio is 0.73 as of Jul. 27, 2026, which is 204% above its 10-year median of 0.24. GuruFocus rates FRA:9TO0 with a GF Score™ of 75/100 and a GF Value™ of €8.76. Among 471 Conglomerates companies, Toyota Tsusho ranks better than 50.11% on this metric.

As of today (2026-07-27), Toyota Tsusho's current share price is €16.30. Toyota Tsusho's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €22.27. Toyota Tsusho's Cyclically Adjusted PS Ratio for today is 0.73.

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

FRA:9TO0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.24   Max: 0.88
Current: 0.76

During the past years, Toyota Tsusho's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.11. And the median was 0.24.

FRA:9TO0's Cyclically Adjusted PS Ratio is ranked better than
50.11% of 471 companies
in the Conglomerates industry
Industry Median: 0.76 vs FRA:9TO0: 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.

Toyota Tsusho's adjusted revenue per share data for the three months ended in Mar. 2026 was €8.210. 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 €22.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Tsusho  (FRA:9TO0) 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.


Toyota Tsusho Cyclically Adjusted PS Ratio Related Terms


Toyota Tsusho Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toyota Tsusho'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.

Toyota Tsusho Cyclically Adjusted PS Ratio Chart

Toyota Tsusho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.26 0.45 0.32 0.70

Toyota Tsusho Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.32 0.41 0.51 0.65 0.70

FRA:9TO0 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Toyota Tsusho'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.


Toyota Tsusho Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toyota Tsusho's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:9TO0
75GF Score
Toyota Tsusho Corp FRA:9TO0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyota Tsusho 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.

Toyota Tsusho's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.30/22.27
=0.73

* 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.

Toyota Tsusho's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Toyota Tsusho's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.21/112.7000*112.7000
=8.210

Current CPI (Mar. 2026) = 112.7000.

Toyota Tsusho Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.486 98.100 6.302
201609 5.695 98.000 6.549
201612 5.838 98.400 6.686
201703 6.057 98.100 6.958
201706 5.983 98.500 6.846
201709 5.587 98.800 6.373
201712 6.113 99.400 6.931
201803 5.920 99.200 6.726
201806 6.078 99.200 6.905
201809 6.197 99.900 6.991
201812 6.473 99.700 7.317
201903 6.248 99.700 7.063
201906 6.555 99.800 7.402
201909 6.697 100.100 7.540
201912 6.627 100.500 7.431
202003 6.506 100.300 7.310
202006 4.669 99.900 5.267
202009 5.860 99.900 6.611
202012 6.431 99.300 7.299
202103 6.817 99.900 7.690
202106 6.685 99.500 7.572
202109 6.844 100.100 7.705
202112 7.483 100.100 8.425
202203 8.166 101.100 9.103
202206 7.947 101.800 8.798
202209 8.454 103.100 9.241
202212 8.152 104.100 8.825
202303 8.211 104.400 8.864
202306 7.858 105.200 8.418
202309 7.788 106.200 8.265
202312 7.768 106.800 8.197
202403 7.210 107.200 7.580
202406 7.084 108.200 7.379
202409 7.536 108.900 7.799
202412 7.592 110.700 7.729
202503 7.824 111.100 7.937
202506 7.372 111.700 7.438
202509 7.697 112.000 7.745
202512 7.697 113.000 7.677
202603 8.210 112.700 8.210

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.

What does a Cyclically Adjusted PS Ratio of 0.73 mean?
Toyota Tsusho (FRA:9TO0) has a Cyclically Adjusted PS Ratio of 0.73 as of Jul. 27, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toyota Tsusho and its competitors. This is 204% above median its historical median of 0.24. Over the past decade, Toyota Tsusho's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.88. According to the industry distribution chart, Toyota Tsusho ranks #235 out of 471 companies in the Conglomerates industry, placing it in the top 49.9%.
Is Toyota Tsusho's Cyclically Adjusted PS Ratio too high?
Toyota Tsusho's current Cyclically Adjusted PS Ratio of 0.73 is 204% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.88. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.76. Toyota Tsusho's value of 0.73 is 3.9% below this industry median. Based on the distribution chart, Toyota Tsusho ranks #235 out of 471 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Toyota Tsusho has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Toyota Tsusho's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Toyota Tsusho ranks #235 out of 471 companies for Cyclically Adjusted PS Ratio. This puts Toyota Tsusho in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Toyota Tsusho's value of 0.73 is 3.9% below this benchmark. Historically, Toyota Tsusho's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.88 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.76, Toyota Tsusho has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.76, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toyota Tsusho's current Cyclically Adjusted PS Ratio of 0.73 is 3.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toyota Tsusho and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Tsusho's current Cyclically Adjusted PS Ratio is 0.73, which is 204% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Tsusho stock overvalued right now?
Toyota Tsusho (FRA:9TO0) has a current Cyclically Adjusted PS Ratio of 0.73. The stock's GF Value™ is €8.76, compared to a current price of €16.30 — trading 86.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 204% above median its 10-year median of 0.24 and 3.9% below the Conglomerates industry median of 0.76. Toyota Tsusho's overall GF Score™ is 75/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Toyota Tsusho (FRA:9TO0), the current Cyclically Adjusted PS Ratio is 0.73 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toyota Tsusho (FRA:9TO0) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Tsusho stock appears to be overvalued. The current stock price of €16.30 is trading 86.1% above its estimated GF Value™ of €8.76.

Key valuation signals for FRA:9TO0:

  • Cyclically Adjusted PS Ratio: 0.73 (204% above median its 10-year median of 0.24)
  • GF Value™: €8.76 vs. price of €16.30 (86.1% above fair value)
  • GF Score™: 75/100
  • Industry Position: 3.9% below the Conglomerates median (#235 of 471)

No single metric tells the full story. See the FRA:9TO0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyota Tsusho Business Description

Address 9-8 Meieki 4-chome, Century Toyota Building, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corp is a Japan-based company involved in trading diverse products, along with the manufacturing, processing, sales, investment, and related service activities. The company operates through segments including Africa, Circular Economy, Digital Solutions, Green Infrastructure, Lifestyle, Metal Plus, Mobility, Supply Chain, and Others. It generates the majority of its revenue from the Metal Plus segment, which processes, manufactures, treats, and sells steel products and nonferrous metal ingots, among others.
75GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€16.30
Price
€8.76
GF Value