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Toshiba (LSE:TOS) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Toshiba Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toshiba Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toshiba'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.

Toshiba Cyclically Adjusted PS Ratio Chart

Toshiba Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,613,615.66 2,791,338.06 3,081,636.30 3,340,695.33 3,582,259.39

Toshiba Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3,447,867.80 3,499,034.62 3,582,259.39 3,637,944.19 3,705,296.25

Competitive Comparison of Toshiba's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Toshiba'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.


Toshiba's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toshiba's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toshiba 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.

Toshiba's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Toshiba's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=187.389/106.2000*106.2000
=187.389

Current CPI (Sep. 2023) = 106.2000.

Toshiba Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 361.617 95.600 401.713
201403 462.287 95.700 513.008
201406 333.906 98.000 361.845
201409 401.337 98.500 432.711
201412 380.125 97.900 412.352
201503 328.566 97.900 356.422
201506 290.516 98.400 313.545
201509 345.577 98.500 372.592
201512 311.668 98.100 337.402
201603 269.513 97.900 292.362
201606 249.648 98.100 270.261
201609 286.554 98.000 310.531
201612 221.406 98.400 238.956
201703 285.330 98.100 308.889
201706 214.512 98.500 231.281
201709 227.960 98.800 245.034
201712 218.804 99.400 233.772
201803 270.917 99.200 290.034
201806 198.897 99.200 212.932
201809 220.952 99.900 234.886
201812 205.257 99.700 218.639
201903 247.094 99.700 263.203
201906 192.021 99.800 204.335
201909 212.113 100.100 225.039
201912 176.440 100.500 186.447
202003 219.917 100.300 232.853
202006 141.643 99.900 150.575
202009 182.198 99.900 193.688
202012 171.948 99.300 183.896
202103 225.477 99.900 239.696
202106 171.879 99.500 183.453
202109 193.290 100.100 205.069
202112 190.973 100.100 202.611
202203 231.856 101.100 243.552
202206 174.899 101.800 182.458
202209 201.798 103.100 207.866
202212 182.995 104.100 186.687
202303 234.136 104.400 238.173
202306 166.270 105.200 167.851
202309 187.389 106.200 187.389

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.


Toshiba  (LSE:TOS) 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.


Toshiba Cyclically Adjusted PS Ratio Related Terms

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


Toshiba (LSE:TOS) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8001
Founded in 1875, Toshiba is Japan's largest semiconductor manufacturer and its second-largest diversified industrial conglomerate. After the accounting scandal in 2015, Toshiba reorganized into six major segments: energy systems and solutions; infrastructure systems and solutions; building solutions; retail and printing solutions; storage and electronic devices solutions; and digital solutions. Toshiba is the second-largest manufacturer of NAND flash memory with a market share of 16.5% in 2017, and it concentrates business resources in this area.

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