Toyota Motor (MEX:TMN) Cyclically Adjusted PS Ratio: 0.93 (As of Jul. 13, 2026) — Near Median

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MEX:TMN Toyota Motor Corp MEX:TMN
80 GF Score
Price MXN3,082.00
GF Value MXN4,003.51
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toyota Motor Cyclically Adjusted PS Ratio?

Toyota Motor MEX:TMN +0.29% 80 Cyclically Adjusted PS Ratio is 0.93 as of Jul. 13, 2026, which is 2% below its 10-year median of 0.95. GuruFocus rates MEX:TMN with a GF Score™ of 80/100 and a GF Value™ of MXN4,003.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,041 Vehicles & Parts companies, Toyota Motor ranks worse than 60.42% on this metric.

As of today (2026-07-13), Toyota Motor's current share price is MXN3082.00. Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN3,326.38. Toyota Motor's Cyclically Adjusted PS Ratio for today is 0.93.

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

MEX:TMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.95   Max: 1.71
Current: 1.01

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.

MEX:TMN's Cyclically Adjusted PS Ratio is ranked worse than
60.42% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs MEX:TMN: 1.01

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 MXN1,174.532. 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 MXN3,326.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor  (MEX:TMN) 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

MEX:TMN 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.


MEX:TMN
80GF Score
Toyota Motor Corp MEX:TMN
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
=3082.00/3326.38
=0.93

* 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)
=1174.532/112.7000*112.7000
=1,174.532

Current CPI (Mar. 2026) = 112.7000.

Toyota Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 749.975 98.100 861.592
201609 803.968 98.000 924.563
201612 825.767 98.400 945.772
201703 820.091 98.100 942.143
201706 760.067 98.500 869.640
201709 780.766 98.800 890.611
201712 884.641 99.400 1,003.008
201803 875.042 99.200 994.125
201806 889.221 99.200 1,010.234
201809 834.920 99.900 941.897
201812 933.504 99.700 1,055.225
201903 882.786 99.700 997.894
201906 953.381 99.800 1,076.614
201909 983.045 100.100 1,106.785
201912 928.730 100.500 1,041.471
202003 1,065.227 100.300 1,196.920
202006 706.806 99.900 797.368
202009 997.049 99.900 1,124.799
202012 1,099.545 99.300 1,247.923
202103 1,018.144 99.900 1,148.597
202106 1,026.192 99.500 1,162.330
202109 1,011.695 100.100 1,139.041
202112 1,013.381 100.100 1,140.939
202203 986.830 101.100 1,100.057
202206 928.574 101.800 1,027.999
202209 945.461 103.100 1,033.496
202212 1,034.055 104.100 1,119.481
202303 962.099 104.400 1,038.588
202306 943.607 105.200 1,010.879
202309 996.282 106.200 1,057.260
202312 1,051.948 106.800 1,110.061
202403 909.958 107.200 956.644
202406 1,019.974 108.200 1,062.394
202409 1,179.648 108.900 1,220.811
202412 1,369.553 110.700 1,394.297
202503 1,219.866 111.100 1,237.434
202506 1,225.252 111.700 1,236.221
202509 1,178.182 112.000 1,185.546
202512 1,119.762 113.000 1,116.789
202603 1,174.532 112.700 1,174.532

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 0.93 mean?
Toyota Motor (MEX:TMN) has a Cyclically Adjusted PS Ratio of 0.93 as of Jul. 13, 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 #629 out of 1041 companies in the Vehicles & Parts industry, placing it in the top 60.4%.
Is Toyota Motor's Cyclically Adjusted PS Ratio too high?
Toyota Motor's current Cyclically Adjusted PS Ratio of 0.93 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 0.93 is 25.7% above this industry median. Based on the distribution chart, Toyota Motor ranks #629 out of 1041 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Toyota Motor has a GF Score™ of 80/100 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 #629 out of 1041 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 0.93 is 25.7% 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 1,041 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 0.93 is 25.7% 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 0.93, 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 (MEX:TMN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,003.51, compared to a current price of MXN3,082.00 — trading 23% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is near median its 10-year median of 0.95 and 25.7% above the Vehicles & Parts industry median of 0.74. Toyota Motor's overall GF Score™ is 80/100 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 (MEX:TMN), the current Cyclically Adjusted PS Ratio is 0.93 as of Jul. 13, 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 (MEX:TMN) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of MXN3,082.00 is trading 23% below its estimated GF Value™ of MXN4,003.51. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for MEX:TMN:

  • Cyclically Adjusted PS Ratio: 0.93 (near median its 10-year median of 0.95)
  • GF Value™: MXN4,003.51 vs. price of MXN3,082.00 (23% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 25.7% above the Vehicles & Parts median (#629 of 1041)

No single metric tells the full story. See the MEX:TMN 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.
80GF Score

Get the complete analysis for MEX:TMN

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

MXN3,082.00
Price
MXN4,003.51
GF Value