Toho Co (FRA:TOH) Cyclically Adjusted PS Ratio: 4.04 (As of Jul. 16, 2026) — Near Median

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FRA:TOH Toho Co Ltd FRA:TOH
95 GF Score
Price €7.20
GF Value €8.27
Valuation Modestly Undervalued
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What is Toho Co Cyclically Adjusted PS Ratio?

Toho Co FRA:TOH -2.70% 95 Cyclically Adjusted PS Ratio is 4.04 as of Jul. 16, 2026, which is 8% above its 10-year median of 3.75. GuruFocus rates FRA:TOH with a GF Score™ of 95/100 and a GF Value™ of €8.27 (Modestly Undervalued). Among 735 Media - Diversified companies, Toho Co ranks worse than 89.12% on this metric.

As of today (2026-07-16), Toho Co's current share price is €7.20. Toho Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €1.78. Toho Co's Cyclically Adjusted PS Ratio for today is 4.04.

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

FRA:TOH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 3.75   Max: 6.41
Current: 4.1

During the past years, Toho Co's highest Cyclically Adjusted PS Ratio was 6.41. The lowest was 2.52. And the median was 3.75.

FRA:TOH's Cyclically Adjusted PS Ratio is ranked worse than
89.12% of 735 companies
in the Media - Diversified industry
Industry Median: 0.79 vs FRA:TOH: 4.10

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 Co's adjusted revenue per share data for the three months ended in May. 2026 was €0.575. 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 €1.78 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Co  (FRA:TOH) 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 Co Cyclically Adjusted PS Ratio Related Terms


Toho Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toho 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.

Toho Co Cyclically Adjusted PS Ratio Chart

Toho Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 3.58 3.46 4.67 4.87

Toho Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.93 5.96 5.60 4.87 3.74

FRA:TOH vs NFLX, DIS, WBD: Cyclically Adjusted PS Ratio Comparison

For the Entertainment subindustry, Toho 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 Co Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:TOH
95GF Score
Toho Co Ltd FRA:TOH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.20/1.78
=4.04

* 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 Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Toho Co's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0.575/113.5000*113.5000
=0.575

Current CPI (May. 2026) = 113.5000.

Toho Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 0.549 97.900 0.636
201611 0.588 98.600 0.677
201702 0.509 98.100 0.589
201705 0.633 98.600 0.729
201708 0.583 98.500 0.672
201711 0.427 99.100 0.489
201802 0.435 99.500 0.496
201805 0.568 99.300 0.649
201808 0.579 99.800 0.658
201811 0.479 100.000 0.544
201902 0.513 99.700 0.584
201905 0.613 100.000 0.696
201908 0.719 100.000 0.816
201911 0.528 100.500 0.596
202002 0.572 100.300 0.647
202005 0.316 100.100 0.358
202008 0.367 100.100 0.416
202011 0.581 99.500 0.663
202102 0.473 99.800 0.538
202105 0.491 99.400 0.561
202108 0.528 99.700 0.601
202111 0.439 100.100 0.498
202202 0.517 100.700 0.583
202205 0.514 101.800 0.573
202208 0.484 102.700 0.535
202211 0.467 103.900 0.510
202302 0.518 104.000 0.565
202305 0.570 105.100 0.616
202308 0.474 105.900 0.508
202311 0.449 106.900 0.477
202402 0.571 106.900 0.606
202405 0.594 108.100 0.624
202408 0.567 109.100 0.590
202411 0.507 110.000 0.523
202502 0.588 110.800 0.602
202505 0.613 111.800 0.622
202508 0.734 112.100 0.743
202511 0.590 113.200 0.592
202602 0.511 112.200 0.517
202605 0.575 113.500 0.575

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 4.04 mean?
Toho Co (FRA:TOH) has a Cyclically Adjusted PS Ratio of 4.04 as of Jul. 16, 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 Toho Co and its competitors. This is near median its historical median of 3.75. Over the past decade, Toho Co's Cyclically Adjusted PS Ratio has ranged from 2.52 to 6.41. According to the industry distribution chart, Toho Co ranks #655 out of 735 companies in the Media - Diversified industry, placing it in the top 89.1%.
Is Toho Co's Cyclically Adjusted PS Ratio too high?
Toho Co's current Cyclically Adjusted PS Ratio of 4.04 is near median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 6.41. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.79. Toho Co's value of 4.04 is 411.4% above this industry median. Based on the distribution chart, Toho Co ranks #655 out of 735 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Toho Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Co's Cyclically Adjusted PS Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Toho Co ranks #655 out of 735 companies for Cyclically Adjusted PS Ratio. This places Toho Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Toho Co's value of 4.04 is 411.4% above this benchmark. Historically, Toho Co's own Cyclically Adjusted PS Ratio has ranged from 2.52 to 6.41 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 0.79, Toho Co has consistently been above 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.79, based on 735 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. Toho Co's current Cyclically Adjusted PS Ratio of 4.04 is 411.4% above 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 Toho Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Co's current Cyclically Adjusted PS Ratio is 4.04, which is near median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Co (FRA:TOH) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.27, compared to a current price of €7.20 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.04, which is near median its 10-year median of 3.75 and 411.4% above the Media - Diversified industry median of 0.79. Toho Co's overall GF Score™ is 95/100. 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 Toho Co (FRA:TOH), the current Cyclically Adjusted PS Ratio is 4.04 as of Jul. 16, 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 Toho Co (FRA:TOH) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Co stock appears to be undervalued. The current stock price of €7.20 is trading 12.9% below its estimated GF Value™ of €8.27. GuruFocus considers Toho Co to be Modestly Undervalued.

Key valuation signals for FRA:TOH:

  • Cyclically Adjusted PS Ratio: 4.04 (near median its 10-year median of 3.75)
  • GF Value™: €8.27 vs. price of €7.20 (12.9% below fair value)
  • GF Score™: 95/100
  • Industry Position: 411.4% above the Media - Diversified median (#655 of 735)

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


Toho Co Business Description

Address 1-2-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-8415
Toho Co Ltd is a diversified media company with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.
95GF Score

Get the complete analysis for FRA:TOH

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

€7.20
Price
€8.27
GF Value