Toho Co (FSE:9602) Cyclically Adjusted PS Ratio: 3.74 (As of Aug. 07, 2026) — Near Median

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FSE:9602 Toho Co Ltd FSE:9602
95 GF Score
Price 円1,560.00
GF Value 円1,673.12
View Full Analysis

What is Toho Co Cyclically Adjusted PS Ratio?

Toho Co FSE:9602 95 Cyclically Adjusted PS Ratio is 3.74 as of Aug. 07, 2026, which is 0% below its 10-year median of 3.75. GuruFocus rates FSE:9602 with a GF Score™ of 95/100 and a GF Value™ of 円1,673.12. Among 728 Media - Diversified companies, Toho Co ranks worse than 91.35% on this metric.

As of today (2026-08-07), Toho Co's current share price is 円1560.00. Toho Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円416.57. Toho Co's Cyclically Adjusted PS Ratio for today is 3.74.

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

FSE:9602' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.52   Med: 3.75   Max: 6.41
Current: 4.41

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.

FSE:9602's Cyclically Adjusted PS Ratio is ranked worse than
91.35% of 728 companies
in the Media - Diversified industry
Industry Median: 0.775 vs FSE:9602: 4.41

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 円106.201. 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 円416.57 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Co  (FSE:9602) 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

FSE:9602 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.


FSE:9602
95GF Score
Toho Co Ltd FSE:9602
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
=1560.00/416.57
=3.74

* 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)
=106.201/113.5000*113.5000
=106.201

Current CPI (May. 2026) = 113.5000.

Toho Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 62.304 97.900 72.232
201611 68.788 98.600 79.183
201702 61.253 98.100 70.869
201705 78.560 98.600 90.432
201708 75.567 98.500 87.075
201711 56.593 99.100 64.816
201802 57.997 99.500 66.157
201805 73.623 99.300 84.151
201808 74.250 99.800 84.443
201811 61.677 100.000 70.003
201902 64.341 99.700 73.247
201905 75.411 100.000 85.591
201908 84.956 100.000 96.425
201911 63.529 100.500 71.747
202002 68.619 100.300 77.650
202005 36.967 100.100 41.916
202008 46.049 100.100 52.213
202011 71.748 99.500 81.843
202102 60.234 99.800 68.503
202105 65.079 99.400 74.311
202108 68.216 99.700 77.658
202111 57.117 100.100 64.763
202202 67.668 100.700 76.269
202205 70.076 101.800 78.130
202208 66.407 102.700 73.390
202211 67.846 103.900 74.115
202302 73.828 104.000 80.572
202305 84.953 105.100 91.743
202308 74.880 105.900 80.254
202311 72.692 106.900 77.180
202402 92.117 106.900 97.804
202405 100.166 108.100 105.170
202408 91.505 109.100 95.195
202411 82.742 110.000 85.375
202502 92.838 110.800 95.100
202505 100.121 111.800 101.643
202508 125.970 112.100 127.543
202511 105.789 113.200 106.069
202602 93.745 112.200 94.831
202605 106.201 113.500 106.201

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 3.74 mean?
Toho Co (FSE:9602) has a Cyclically Adjusted PS Ratio of 3.74 as of Aug. 07, 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 #665 out of 728 companies in the Media - Diversified industry, placing it in the top 91.3%.
Is Toho Co's Cyclically Adjusted PS Ratio too high?
Toho Co's current Cyclically Adjusted PS Ratio of 3.74 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 0.78. Toho Co's value of 3.74 is 382.6% above this industry median. Based on the distribution chart, Toho Co ranks #665 out of 728 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, 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 #665 out of 728 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 0.78. Toho Co's value of 3.74 is 382.6% 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 0.78, 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 0.78, based on 728 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 3.74 is 382.6% 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 0.78 — 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 3.74, 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?
Toho Co (FSE:9602) has a current Cyclically Adjusted PS Ratio of 3.74. The stock's GF Value™ is 円1,673.12, compared to a current price of 円1,560.00 — trading 6.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.74, which is near median its 10-year median of 3.75 and 382.6% above the Media - Diversified industry median of 0.78. 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 (FSE:9602), the current Cyclically Adjusted PS Ratio is 3.74 as of Aug. 07, 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 (FSE:9602) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Co stock appears to be undervalued. The current stock price of 円1,560.00 is trading 6.8% below its estimated GF Value™ of 円1,673.12.

Key valuation signals for FSE:9602:

  • Cyclically Adjusted PS Ratio: 3.74 (near median its 10-year median of 3.75)
  • GF Value™: 円1,673.12 vs. price of 円1,560.00 (6.8% below fair value)
  • GF Score™: 95/100
  • Industry Position: 382.6% above the Media - Diversified median (#665 of 728)

No single metric tells the full story. See the FSE:9602 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 FSE:9602

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

円1,560.00
Price
円1,673.12
GF Value