Toyota Motor (FRA:TOM) Cyclically Adjusted PS Ratio: 0.99 (As of Jul. 26, 2026) — Near Median

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FRA:TOM Toyota Motor Corp FRA:TOM
83 GF Score
Price €15.43
GF Value €18.07
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toyota Motor Cyclically Adjusted PS Ratio?

Toyota Motor FRA:TOM -3.44% 83 Cyclically Adjusted PS Ratio is 0.99 as of Jul. 26, 2026, which is 4% above its 10-year median of 0.95. GuruFocus rates FRA:TOM with a GF Score™ of 83/100 and a GF Value™ of €18.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Toyota Motor ranks worse than 61.71% on this metric.

As of today (2026-07-26), Toyota Motor's current share price is €15.43. Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €15.53. Toyota Motor's Cyclically Adjusted PS Ratio for today is 0.99.

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

FRA:TOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.95   Max: 1.71
Current: 1.04

During the past years, Toyota Motor's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.71. And the median was 0.95.

FRA:TOM's Cyclically Adjusted PS Ratio is ranked worse than
61.71% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs FRA:TOM: 1.04

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 Motor's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.634. 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 €15.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor  (FRA:TOM) 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 Motor Cyclically Adjusted PS Ratio Related Terms


Toyota Motor Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toyota Motor'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 Motor Cyclically Adjusted PS Ratio Chart

Toyota Motor 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 1.16 0.90 1.65 1.02 1.14

Toyota Motor 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 1.02 0.95 1.07 1.23 1.14

FRA:TOM vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Toyota Motor'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 Motor Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:TOM
83GF Score
Toyota Motor Corp FRA:TOM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.43/15.53
=0.99

* 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.

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

For example, Toyota Motor'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)
=5.634/112.7000*112.7000
=5.634

Current CPI (Mar. 2026) = 112.7000.

Toyota Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.609 98.100 4.146
201609 3.705 98.000 4.261
201612 3.797 98.400 4.349
201703 4.072 98.100 4.678
201706 3.742 98.500 4.281
201709 3.610 98.800 4.118
201712 3.806 99.400 4.315
201803 3.906 99.200 4.438
201806 3.874 99.200 4.401
201809 3.825 99.900 4.315
201812 4.179 99.700 4.724
201903 4.028 99.700 4.553
201906 4.392 99.800 4.960
201909 4.521 100.100 5.090
201912 4.432 100.500 4.970
202003 4.111 100.300 4.619
202006 2.719 99.900 3.067
202009 3.832 99.900 4.323
202012 4.544 99.300 5.157
202103 4.184 99.900 4.720
202106 4.279 99.500 4.847
202109 4.182 100.100 4.708
202112 4.372 100.100 4.922
202203 4.500 101.100 5.016
202206 4.366 101.800 4.833
202209 4.747 103.100 5.189
202212 5.007 104.100 5.421
202303 4.985 104.400 5.381
202306 5.080 105.200 5.442
202309 5.359 106.200 5.687
202312 5.683 106.800 5.997
202403 5.044 107.200 5.303
202406 5.172 108.200 5.387
202409 5.398 108.900 5.586
202412 6.271 110.700 6.384
202503 5.516 111.100 5.595
202506 5.642 111.700 5.693
202509 5.472 112.000 5.506
202512 5.311 113.000 5.297
202603 5.634 112.700 5.634

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 0.99 mean?
Toyota Motor (FRA:TOM) has a Cyclically Adjusted PS Ratio of 0.99 as of Jul. 26, 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 Motor and its competitors. This is near median its historical median of 0.95. Over the past decade, Toyota Motor's Cyclically Adjusted PS Ratio has ranged from 0.71 to 1.71. According to the industry distribution chart, Toyota Motor ranks #643 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 61.7%.
Is Toyota Motor's Cyclically Adjusted PS Ratio too high?
Toyota Motor's current Cyclically Adjusted PS Ratio of 0.99 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.71. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Toyota Motor's value of 0.99 is 37.5% above this industry median. Based on the distribution chart, Toyota Motor ranks #643 out of 1042 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Toyota Motor has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Motor's Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Toyota Motor ranks #643 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Toyota Motor in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Toyota Motor's value of 0.99 is 37.5% above this benchmark. Historically, Toyota Motor's own Cyclically Adjusted PS Ratio has ranged from 0.71 to 1.71 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.72, Toyota Motor 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,042 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 Motor's current Cyclically Adjusted PS Ratio of 0.99 is 37.5% 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 Toyota Motor and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Motor's current Cyclically Adjusted PS Ratio is 0.99, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Motor stock overvalued right now?
Based on GuruFocus' analysis, Toyota Motor (FRA:TOM) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.07, compared to a current price of €15.43 — trading 14.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.99, which is near median its 10-year median of 0.95 and 37.5% above the Vehicles & Parts industry median of 0.72. Toyota Motor's overall GF Score™ is 83/100 with 3 warning signs to review. 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 Motor (FRA:TOM), the current Cyclically Adjusted PS Ratio is 0.99 as of Jul. 26, 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 Motor (FRA:TOM) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of €15.43 is trading 14.6% below its estimated GF Value™ of €18.07. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for FRA:TOM:

  • Cyclically Adjusted PS Ratio: 0.99 (near median its 10-year median of 0.95)
  • GF Value™: €18.07 vs. price of €15.43 (14.6% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 37.5% above the Vehicles & Parts median (#643 of 1042)

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


Toyota Motor Business Description

Address 1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers, with 11.3 million units sold at retail in fiscal 2026, including 10.5 million across the Toyota and Lexus brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 50% excluding mini-vehicles, while US share is around 14%. The firm also owns stakes in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2026 sales excluding financial services were JPY 46.1 trillion. Toyota also has a financing arm and manufactures homes and boats.
83GF Score

Get the complete analysis for FRA:TOM

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

€15.43
Price
€18.07
GF Value