TOYOF (Toyota Motor) Cyclically Adjusted PS Ratio: 0.91 (As of Jul. 02, 2026) — Near Median


TOYOF Toyota Motor Corp TOYOF
80 GF Score
Price $17.20
GF Value $21.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Toyota Motor Cyclically Adjusted PS Ratio?

Toyota Motor TOYOF +1.27% 80 Cyclically Adjusted PS Ratio is 0.91 as of Jul. 02, 2026, which is 4% below its 10-year median of 0.95. GuruFocus rates TOYOF with a GF Score™ of 80/100 and a GF Value™ of $21.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Toyota Motor ranks worse than 59.83% on this metric.

As of today (2026-07-02), Toyota Motor's current share price is $17.20. Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $18.87. Toyota Motor's Cyclically Adjusted PS Ratio for today is 0.91.

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

TOYOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.95   Max: 1.71
Current: 0.98

During the past years, Toyota Motor's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.68. And the median was 0.95.

TOYOF's Cyclically Adjusted PS Ratio is ranked worse than
59.83% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs TOYOF: 0.98

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 $6.513. 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 $18.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor  (OTCPK:TOYOF) 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

TOYOF 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.


TOYOF
80GF Score
Toyota Motor Corp TOYOF
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
=17.20/18.87
=0.91

* 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)
=6.513/112.7000*112.7000
=6.513

Current CPI (Mar. 2026) = 112.7000.

Toyota Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.055 98.100 4.658
201609 4.158 98.000 4.782
201612 4.005 98.400 4.587
201703 4.355 98.100 5.003
201706 4.205 98.500 4.811
201709 4.302 98.800 4.907
201712 4.504 99.400 5.107
201803 4.816 99.200 5.471
201806 4.525 99.200 5.141
201809 4.464 99.900 5.036
201812 4.754 99.700 5.374
201903 4.551 99.700 5.144
201906 4.963 99.800 5.605
201909 4.979 100.100 5.606
201912 4.924 100.500 5.522
202003 4.543 100.300 5.105
202006 3.062 99.900 3.454
202009 4.513 99.900 5.091
202012 5.528 99.300 6.274
202103 4.981 99.900 5.619
202106 5.155 99.500 5.839
202109 4.920 100.100 5.539
202112 4.940 100.100 5.562
202203 4.956 101.100 5.525
202206 4.616 101.800 5.110
202209 4.700 103.100 5.138
202212 5.304 104.100 5.742
202303 5.338 104.400 5.762
202306 5.504 105.200 5.896
202309 5.720 106.200 6.070
202312 6.197 106.800 6.539
202403 5.483 107.200 5.764
202406 5.568 108.200 5.800
202409 5.991 108.900 6.200
202412 6.567 110.700 6.686
202503 5.963 111.100 6.049
202506 6.507 111.700 6.565
202509 6.423 112.000 6.463
202512 6.219 113.000 6.202
202603 6.513 112.700 6.513

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 0.91 mean?
Toyota Motor (TOYOF) has a Cyclically Adjusted PS Ratio of 0.91 as of Jul. 02, 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 0.68 to 1.71. According to the industry distribution chart, Toyota Motor ranks #624 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 59.8%.
Is Toyota Motor's Cyclically Adjusted PS Ratio too high?
Toyota Motor's current Cyclically Adjusted PS Ratio of 0.91 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.71. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Toyota Motor's value of 0.91 is 26.4% above this industry median. Based on the distribution chart, Toyota Motor ranks #624 out of 1043 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 #624 out of 1043 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 0.72. Toyota Motor's value of 0.91 is 26.4% above this benchmark. Historically, Toyota Motor's own Cyclically Adjusted PS Ratio has ranged from 0.68 to 1.71 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.72, 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 0.72, based on 1,043 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 0.91 is 26.4% 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 0.72 — 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 0.91, 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 (TOYOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.01, compared to a current price of $17.20 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.91, which is near median its 10-year median of 0.95 and 26.4% above the Vehicles & Parts industry median of 0.72. 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 (TOYOF), the current Cyclically Adjusted PS Ratio is 0.91 as of Jul. 02, 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 (TOYOF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Motor stock appears to be undervalued. The current stock price of $17.20 is trading 18.1% below its estimated GF Value™ of $21.01. GuruFocus considers Toyota Motor to be Modestly Undervalued.

Key valuation signals for TOYOF:

  • Cyclically Adjusted PS Ratio: 0.91 (near median its 10-year median of 0.95)
  • GF Value™: $21.01 vs. price of $17.20 (18.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 26.4% above the Vehicles & Parts median (#624 of 1043)

No single metric tells the full story. See the TOYOF 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.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.20
Price
$21.01
GF Value