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TONPF (Toppan Holdings) Cyclically Adjusted PS Ratio : (As of May. 16, 2025)


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What is Toppan Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Toppan Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toppan Holdings'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.

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Toppan Holdings Cyclically Adjusted PS Ratio Chart

Toppan Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.48 0.57 0.81 -

Toppan Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.81 0.92 0.87 - -

Competitive Comparison of Toppan Holdings's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Toppan Holdings'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.


Toppan Holdings's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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


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Toppan Holdings 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.

Toppan Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Toppan Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=9.204/110.7000*110.7000
=9.204

Current CPI (Dec. 2024) = 110.7000.

Toppan Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 9.536 97.900 10.783
201506 8.018 98.400 9.020
201509 8.516 98.500 9.571
201512 8.538 98.100 9.635
201603 9.522 97.900 10.767
201606 9.041 98.100 10.202
201609 9.635 98.000 10.884
201612 9.754 98.400 10.973
201703 9.848 98.100 11.113
201706 9.162 98.500 10.297
201709 10.059 98.800 11.271
201712 10.058 99.400 11.201
201803 10.612 99.200 11.842
201806 9.022 99.200 10.068
201809 9.450 99.900 10.472
201812 9.864 99.700 10.952
201903 10.318 99.700 11.456
201906 9.367 99.800 10.390
201909 9.901 100.100 10.949
201912 9.884 100.500 10.887
202003 10.959 100.300 12.095
202006 8.816 99.900 9.769
202009 9.787 99.900 10.845
202012 10.292 99.300 11.474
202103 10.928 99.900 12.109
202106 9.138 99.500 10.167
202109 10.113 100.100 11.184
202112 10.159 100.100 11.235
202203 11.027 101.100 12.074
202206 8.777 101.800 9.544
202209 8.704 103.100 9.346
202212 9.287 104.100 9.876
202303 9.745 104.400 10.333
202306 8.247 105.200 8.678
202309 8.635 106.200 9.001
202312 9.015 106.800 9.344
202403 9.841 107.200 10.162
202406 8.193 108.200 8.382
202409 9.818 108.900 9.980
202412 9.204 110.700 9.204

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.


Toppan Holdings  (OTCPK:TONPF) 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.


Toppan Holdings Cyclically Adjusted PS Ratio Related Terms

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Toppan Holdings Business Description

Traded in Other Exchanges
Address
1-5-1 Taito, Taito-ku, Tokyo, JPN, 110-8560
Toppan Holdings Inc provides a range of products and services geared toward printing technologies. Its product portfolio of printing technologies consists of in-store advertisements, books, magnetic cards, floor filters, wallpaper, flexible packaging, and other solutions. The company operates three business segments: information and communication (majority of total revenue), electronics, and living and industry. Toppan Printing provides secure documents, such as credit cards, coupons, and business forms, and offers a mix of marketing materials to increase diversification. It utilizes sales promotion personnel, printing press operators, and research personnel to develop innovative solutions for customers. Operations and sales are located in Japan.