TOKSF (Tokyo Steel Manufacturing Co) Cyclically Adjusted PS Ratio: 0.67 (As of Jul. 08, 2026) — 23% Below Median


TOKSF Tokyo Steel Manufacturing Co Ltd TOKSF
76 GF Score
Price $9.11
GF Value $7.82
! 10 Warning Signs
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What is Tokyo Steel Manufacturing Co Cyclically Adjusted PS Ratio?

Tokyo Steel Manufacturing Co TOKSF 76 Cyclically Adjusted PS Ratio is 0.67 as of Jul. 08, 2026, which is 23% below its 10-year median of 0.87. GuruFocus rates TOKSF with a GF Score™ of 76/100 and a GF Value™ of $7.82. The stock has 10 warning signs investors should review. Among 514 Steel companies, Tokyo Steel Manufacturing Co ranks worse than 65.37% on this metric.

As of today (2026-07-08), Tokyo Steel Manufacturing Co's current share price is $9.106. Tokyo Steel Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $13.62. Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.67.

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

TOKSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.87   Max: 1.3
Current: 0.79

During the past years, Tokyo Steel Manufacturing Co's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.51. And the median was 0.87.

TOKSF's Cyclically Adjusted PS Ratio is ranked worse than
65.37% of 514 companies
in the Steel industry
Industry Median: 0.45 vs TOKSF: 0.79

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.

Tokyo Steel Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.066. 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 $13.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Steel Manufacturing Co  (OTCPK:TOKSF) 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.


Tokyo Steel Manufacturing Co Cyclically Adjusted PS Ratio Related Terms


Tokyo Steel Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co Cyclically Adjusted PS Ratio Chart

Tokyo Steel Manufacturing Co 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 0.94 0.91 0.95 0.79 0.73

Tokyo Steel Manufacturing Co 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 0.79 0.73 0.69 0.68 0.73

TOKSF vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Tokyo Steel Manufacturing 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.


Tokyo Steel Manufacturing Co Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio falls into.


TOKSF
76GF Score
Tokyo Steel Manufacturing Co Ltd TOKSF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.106/13.62
=0.67

* 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.

Tokyo Steel Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tokyo Steel Manufacturing Co'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)
=4.066/112.7000*112.7000
=4.066

Current CPI (Mar. 2026) = 112.7000.

Tokyo Steel Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.896 98.100 2.178
201609 1.940 98.000 2.231
201612 1.889 98.400 2.164
201703 2.026 98.100 2.328
201706 2.496 98.500 2.856
201709 2.426 98.800 2.767
201712 2.644 99.400 2.998
201803 2.842 99.200 3.229
201806 3.045 99.200 3.459
201809 3.112 99.900 3.511
201812 3.662 99.700 4.139
201903 3.433 99.700 3.881
201906 3.452 99.800 3.898
201909 3.078 100.100 3.465
201912 3.067 100.500 3.439
202003 2.868 100.300 3.223
202006 2.681 99.900 3.025
202009 2.378 99.900 2.683
202012 2.711 99.300 3.077
202103 3.072 99.900 3.466
202106 4.028 99.500 4.562
202109 4.806 100.100 5.411
202112 5.604 100.100 6.309
202203 5.742 101.100 6.401
202206 5.889 101.800 6.520
202209 5.384 103.100 5.885
202212 6.170 104.100 6.680
202303 5.970 104.400 6.445
202306 6.562 105.200 7.030
202309 5.275 106.200 5.598
202312 5.515 106.800 5.820
202403 5.528 107.200 5.812
202406 5.463 108.200 5.690
202409 5.179 108.900 5.360
202412 4.850 110.700 4.938
202503 4.514 111.100 4.579
202506 4.961 111.700 5.005
202509 3.949 112.000 3.974
202512 4.243 113.000 4.232
202603 4.066 112.700 4.066

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 0.67 mean?
Tokyo Steel Manufacturing Co (TOKSF) has a Cyclically Adjusted PS Ratio of 0.67 as of Jul. 08, 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 Tokyo Steel Manufacturing Co and its competitors. This is 23% below median its historical median of 0.87. Over the past decade, Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.30. According to the industry distribution chart, Tokyo Steel Manufacturing Co ranks #336 out of 514 companies in the Steel industry, placing it in the top 65.4%.
Is Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio too high?
Tokyo Steel Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.67 is 23% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.30. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Tokyo Steel Manufacturing Co's value of 0.67 is 48.9% above this industry median. Based on the distribution chart, Tokyo Steel Manufacturing Co ranks #336 out of 514 companies in the Steel industry, which is below the industry midpoint. Overall, Tokyo Steel Manufacturing Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Steel Manufacturing Co's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tokyo Steel Manufacturing Co ranks #336 out of 514 companies for Cyclically Adjusted PS Ratio. This places Tokyo Steel Manufacturing Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Tokyo Steel Manufacturing Co's value of 0.67 is 48.9% above this benchmark. Historically, Tokyo Steel Manufacturing Co's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.30 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.45, Tokyo Steel Manufacturing 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Tokyo Steel Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.67 is 48.9% 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 Tokyo Steel Manufacturing Co and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Steel Manufacturing Co's current Cyclically Adjusted PS Ratio is 0.67, which is 23% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Steel Manufacturing Co stock overvalued right now?
Tokyo Steel Manufacturing Co (TOKSF) has a current Cyclically Adjusted PS Ratio of 0.67. The stock's GF Value™ is $7.82, compared to a current price of $9.11 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.67, which is 23% below median its 10-year median of 0.87 and 48.9% above the Steel industry median of 0.45. Tokyo Steel Manufacturing Co's overall GF Score™ is 76/100 with 10 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 Tokyo Steel Manufacturing Co (TOKSF), the current Cyclically Adjusted PS Ratio is 0.67 as of Jul. 08, 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 Tokyo Steel Manufacturing Co (TOKSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Steel Manufacturing Co stock appears to be overvalued. The current stock price of $9.11 is trading 16.4% above its estimated GF Value™ of $7.82.

Key valuation signals for TOKSF:

  • Cyclically Adjusted PS Ratio: 0.67 (23% below median its 10-year median of 0.87)
  • GF Value™: $7.82 vs. price of $9.11 (16.4% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 48.9% above the Steel median (#336 of 514)

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


Tokyo Steel Manufacturing Co Business Description

Other Exchanges 5423:Japan
Address Kasumigaseki-Tokyu Bldg 15th Floor, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013
Tokyo Steel Manufacturing Co Ltd is a Japan-based company engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in a broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates the majority of its revenue from the Japanese domestic market.
76GF Score

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

$9.11
Price
$7.82
GF Value