Toyota Tsusho (STU:9TO) Cyclically Adjusted PS Ratio: 0.72 (As of Jul. 25, 2026) — 200% Above Median

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STU:9TO Toyota Tsusho Corp STU:9TO
83 GF Score
Price €33.77
GF Value €19.20
Valuation Significantly Overvalued
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What is Toyota Tsusho Cyclically Adjusted PS Ratio?

Toyota Tsusho STU:9TO -0.88% 83 Cyclically Adjusted PS Ratio is 0.72 as of Jul. 25, 2026, which is 200% above its 10-year median of 0.24. GuruFocus rates STU:9TO with a GF Score™ of 83/100 and a GF Value™ of €19.20 (Significantly Overvalued). Among 471 Conglomerates companies, Toyota Tsusho ranks better than 51.17% on this metric.

As of today (2026-07-25), Toyota Tsusho's current share price is €33.77. Toyota Tsusho's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €47.10. Toyota Tsusho's Cyclically Adjusted PS Ratio for today is 0.72.

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

STU:9TO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.24   Max: 0.88
Current: 0.72

During the past years, Toyota Tsusho's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.11. And the median was 0.24.

STU:9TO's Cyclically Adjusted PS Ratio is ranked better than
51.17% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs STU:9TO: 0.72

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 Tsusho's adjusted revenue per share data for the three months ended in Mar. 2026 was €16.421. 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 €47.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Tsusho  (STU:9TO) 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 Tsusho Cyclically Adjusted PS Ratio Related Terms


Toyota Tsusho Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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

Toyota Tsusho 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 0.25 0.26 0.45 0.32 0.70

Toyota Tsusho 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 0.32 0.41 0.51 0.65 0.70

STU:9TO vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Toyota Tsusho'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 Tsusho Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


STU:9TO
83GF Score
Toyota Tsusho Corp STU:9TO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.77/47.10
=0.72

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

For example, Toyota Tsusho'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)
=16.421/112.7000*112.7000
=16.421

Current CPI (Mar. 2026) = 112.7000.

Toyota Tsusho Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.973 98.100 12.606
201609 11.390 98.000 13.099
201612 11.676 98.400 13.373
201703 12.114 98.100 13.917
201706 11.966 98.500 13.691
201709 11.173 98.800 12.745
201712 12.225 99.400 13.861
201803 11.841 99.200 13.452
201806 12.156 99.200 13.810
201809 12.394 99.900 13.982
201812 12.947 99.700 14.635
201903 12.496 99.700 14.125
201906 13.109 99.800 14.803
201909 13.394 100.100 15.080
201912 13.253 100.500 14.862
202003 13.011 100.300 14.620
202006 9.337 99.900 10.533
202009 11.720 99.900 13.222
202012 12.862 99.300 14.598
202103 13.635 99.900 15.382
202106 13.370 99.500 15.144
202109 13.688 100.100 15.411
202112 14.967 100.100 16.851
202203 16.332 101.100 18.206
202206 15.893 101.800 17.595
202209 16.909 103.100 18.483
202212 16.304 104.100 17.651
202303 16.422 104.400 17.728
202306 15.716 105.200 16.836
202309 15.577 106.200 16.530
202312 15.535 106.800 16.393
202403 14.420 107.200 15.160
202406 14.168 108.200 14.757
202409 15.072 108.900 15.598
202412 15.185 110.700 15.459
202503 15.647 111.100 15.872
202506 14.744 111.700 14.876
202509 15.395 112.000 15.491
202512 15.394 113.000 15.353
202603 16.421 112.700 16.421

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 0.72 mean?
Toyota Tsusho (STU:9TO) has a Cyclically Adjusted PS Ratio of 0.72 as of Jul. 25, 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 Tsusho and its competitors. This is 200% above median its historical median of 0.24. Over the past decade, Toyota Tsusho's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.88. According to the industry distribution chart, Toyota Tsusho ranks #230 out of 471 companies in the Conglomerates industry, placing it in the top 48.8%.
Is Toyota Tsusho's Cyclically Adjusted PS Ratio too high?
Toyota Tsusho's current Cyclically Adjusted PS Ratio of 0.72 is 200% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.88. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Toyota Tsusho's value of 0.72 is 4% below this industry median. Based on the distribution chart, Toyota Tsusho ranks #230 out of 471 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Toyota Tsusho has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Tsusho's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Toyota Tsusho ranks #230 out of 471 companies for Cyclically Adjusted PS Ratio. This puts Toyota Tsusho in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Toyota Tsusho's value of 0.72 is 4% below this benchmark. Historically, Toyota Tsusho's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.88 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.75, Toyota Tsusho has consistently been below 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 471 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 Tsusho's current Cyclically Adjusted PS Ratio of 0.72 is 4% below 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 Tsusho and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Tsusho's current Cyclically Adjusted PS Ratio is 0.72, which is 200% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Tsusho stock overvalued right now?
Based on GuruFocus' analysis, Toyota Tsusho (STU:9TO) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.20, compared to a current price of €33.77 — trading 75.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.72, which is 200% above median its 10-year median of 0.24 and 4% below the Conglomerates industry median of 0.75. Toyota Tsusho's overall GF Score™ is 83/100. 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 Toyota Tsusho (STU:9TO), the current Cyclically Adjusted PS Ratio is 0.72 as of Jul. 25, 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 Tsusho (STU:9TO) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Tsusho stock appears to be overvalued. The current stock price of €33.77 is trading 75.9% above its estimated GF Value™ of €19.20. GuruFocus considers Toyota Tsusho to be Significantly Overvalued.

Key valuation signals for STU:9TO:

  • Cyclically Adjusted PS Ratio: 0.72 (200% above median its 10-year median of 0.24)
  • GF Value™: €19.20 vs. price of €33.77 (75.9% above fair value)
  • GF Score™: 83/100
  • Industry Position: 4% below the Conglomerates median (#230 of 471)

No single metric tells the full story. See the STU:9TO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyota Tsusho Business Description

Address 9-8 Meieki 4-chome, Century Toyota Building, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corp is a Japan-based company involved in trading diverse products, along with the manufacturing, processing, sales, investment, and related service activities. The company operates through segments including Africa, Circular Economy, Digital Solutions, Green Infrastructure, Lifestyle, Metal Plus, Mobility, Supply Chain, and Others. It generates the majority of its revenue from the Metal Plus segment, which processes, manufactures, treats, and sells steel products and nonferrous metal ingots, among others.
83GF Score

Get the complete analysis for STU:9TO

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

€33.77
Price
€19.20
GF Value