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The Toro Co (FRA:TO2) Cyclically Adjusted PS Ratio : 2.49 (As of May. 21, 2024)


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What is The Toro Co Cyclically Adjusted PS Ratio?

As of today (2024-05-21), The Toro Co's current share price is €80.38. The Toro Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €32.29. The Toro Co's Cyclically Adjusted PS Ratio for today is 2.49.

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

FRA:TO2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.13   Max: 4.9
Current: 2.61

During the past years, The Toro Co's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.75. And the median was 3.13.

FRA:TO2's Cyclically Adjusted PS Ratio is ranked worse than
68.56% of 2195 companies
in the Industrial Products industry
Industry Median: 1.43 vs FRA:TO2: 2.61

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.

The Toro Co's adjusted revenue per share data for the three months ended in Jan. 2024 was €8.785. 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 €32.29 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Toro Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Toro 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.

The Toro Co Cyclically Adjusted PS Ratio Chart

The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.54 3.60 3.41 2.38

The Toro Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.53 3.20 3.06 2.38 2.68

Competitive Comparison of The Toro Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, The Toro 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.


The Toro Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Toro Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Toro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.38/32.29
=2.49

* 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.

The Toro Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The Toro Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=8.785/130.1244*130.1244
=8.785

Current CPI (Jan. 2024) = 130.1244.

The Toro Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.668 100.023 6.073
201407 3.659 100.520 4.737
201410 2.861 100.176 3.716
201501 3.566 98.604 4.706
201504 6.688 99.824 8.718
201507 4.899 100.691 6.331
201510 3.813 100.346 4.945
201601 3.988 99.957 5.192
201604 6.581 100.947 8.483
201607 4.851 101.524 6.218
201610 3.815 101.988 4.867
201701 4.377 102.456 5.559
201704 7.327 103.167 9.242
201707 4.885 103.278 6.155
201710 3.759 104.070 4.700
201801 4.092 104.578 5.092
201804 6.554 105.708 8.068
201807 5.195 106.324 6.358
201810 4.351 106.695 5.306
201901 4.901 106.200 6.005
201904 7.927 107.818 9.567
201907 6.911 108.250 8.308
201910 6.131 108.577 7.348
202001 6.364 108.841 7.608
202004 7.881 108.173 9.480
202007 6.741 109.318 8.024
202010 6.561 109.861 7.771
202101 6.564 110.364 7.739
202104 8.822 112.673 10.188
202107 7.626 115.183 8.615
202110 7.700 116.696 8.586
202201 7.774 118.619 8.528
202204 10.941 121.978 11.672
202207 10.819 125.002 11.262
202210 11.315 125.734 11.710
202301 10.096 126.223 10.408
202304 11.570 127.992 11.763
202307 9.377 128.974 9.461
202310 8.870 129.810 8.892
202401 8.785 130.124 8.785

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.


The Toro Co  (FRA:TO2) 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.


The Toro Co Cyclically Adjusted PS Ratio Related Terms

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


The Toro Co (FRA:TO2) Business Description

Traded in Other Exchanges
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.

The Toro Co (FRA:TO2) Headlines

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