Toyota Motor (FRA:TOMA) Cyclically Adjusted PS Ratio: 1.03 (As of Aug. 11, 2026) — Near Median

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FRA:TOMA Toyota Motor Corp FRA:TOMA
79 GF Score
Price €162.00
GF Value €181.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Toyota Motor Cyclically Adjusted PS Ratio?

Toyota Motor FRA:TOMA +0.31% 79 Cyclically Adjusted PS Ratio is 1.03 as of Aug. 11, 2026, which is 8% above its 10-year median of 0.95. GuruFocus rates FRA:TOMA with a GF Score™ of 79/100 and a GF Value™ of €181.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Toyota Motor ranks worse than 61.13% on this metric.

As of today (2026-08-11), Toyota Motor's current share price is €162.00. Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €157.22. Toyota Motor's Cyclically Adjusted PS Ratio for today is 1.03.

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

FRA:TOMA' 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:TOMA's Cyclically Adjusted PS Ratio is ranked worse than
61.13% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs FRA:TOMA: 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 Jun. 2026 was €59.666. 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 €157.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor  (FRA:TOMA) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.95 1.07 1.23 1.14 0.95

FRA:TOMA 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:TOMA
79GF Score
Toyota Motor Corp FRA:TOMA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=162.00/157.22
=1.03

* 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 Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=59.666/113.6000*113.6000
=59.666

Current CPI (Jun. 2026) = 113.6000.

Toyota Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 37.048 98.000 42.945
201612 37.970 98.400 43.835
201703 40.724 98.100 47.158
201706 37.423 98.500 43.160
201709 36.096 98.800 41.503
201712 38.062 99.400 43.499
201803 39.062 99.200 44.732
201806 38.738 99.200 44.361
201809 38.253 99.900 43.499
201812 41.790 99.700 47.616
201903 40.276 99.700 45.891
201906 43.925 99.800 49.999
201909 45.214 100.100 51.312
201912 44.319 100.500 50.096
202003 41.114 100.300 46.566
202006 27.192 99.900 30.921
202009 38.319 99.900 43.574
202012 45.437 99.300 51.980
202103 41.839 99.900 47.577
202106 42.788 99.500 48.851
202109 41.822 100.100 47.462
202112 43.719 100.100 49.615
202203 45.002 101.100 50.566
202206 43.664 101.800 48.725
202209 47.473 103.100 52.308
202212 50.069 104.100 54.638
202303 49.853 104.400 54.246
202306 50.802 105.200 54.858
202309 53.592 106.200 57.326
202312 56.829 106.800 60.447
202403 50.443 107.200 53.455
202406 51.722 108.200 54.303
202409 53.979 108.900 56.309
202412 62.713 110.700 64.356
202503 55.155 111.100 56.396
202506 56.417 111.700 57.377
202509 54.721 112.000 55.503
202512 53.110 113.000 53.392
202603 56.340 112.700 56.790
202606 59.666 113.600 59.666

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 1.03 mean?
Toyota Motor (FRA:TOMA) has a Cyclically Adjusted PS Ratio of 1.03 as of Aug. 11, 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 #637 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 61.1%.
Is Toyota Motor's Cyclically Adjusted PS Ratio too high?
Toyota Motor's current Cyclically Adjusted PS Ratio of 1.03 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 0.74. Toyota Motor's value of 1.03 is 39.2% above this industry median. Based on the distribution chart, Toyota Motor ranks #637 out of 1042 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Toyota Motor has a GF Score™ of 79/100 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 #637 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 0.74. Toyota Motor's value of 1.03 is 39.2% 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 0.74, 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 0.74, 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 1.03 is 39.2% 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 0.74 — 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 1.03, 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:TOMA) is currently considered Modestly Undervalued. The stock's GF Value™ is €181.21, compared to a current price of €162.00 — trading 10.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is near median its 10-year median of 0.95 and 39.2% above the Vehicles & Parts industry median of 0.74. Toyota Motor's overall GF Score™ is 79/100 with 4 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:TOMA), the current Cyclically Adjusted PS Ratio is 1.03 as of Aug. 11, 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:TOMA) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of €162.00 is trading 10.6% below its estimated GF Value™ of €181.21. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for FRA:TOMA:

  • Cyclically Adjusted PS Ratio: 1.03 (near median its 10-year median of 0.95)
  • GF Value™: €181.21 vs. price of €162.00 (10.6% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 39.2% above the Vehicles & Parts median (#637 of 1042)

No single metric tells the full story. See the FRA:TOMA 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.
79GF Score

Get the complete analysis for FRA:TOMA

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

€162.00
Price
€181.21
GF Value