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Toso Co (TSE:5956) Cyclically Adjusted PS Ratio : 0.23 (As of Jun. 10, 2024)


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What is Toso Co Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Toso Co's current share price is 円555.00. Toso Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,428.28. Toso Co's Cyclically Adjusted PS Ratio for today is 0.23.

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

TSE:5956' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.22   Max: 0.29
Current: 0.23

During the past years, Toso Co's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.18. And the median was 0.22.

TSE:5956's Cyclically Adjusted PS Ratio is ranked better than
84.76% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.84 vs TSE:5956: 0.23

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.

Toso Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円614.058. 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 円2,428.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toso Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toso 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.

* Premium members only.

Toso Co Cyclically Adjusted PS Ratio Chart

Toso Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.19 0.25 0.22 0.22

Toso Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.22 0.22 0.22 0.22

Competitive Comparison of Toso Co's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Toso 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.


Toso Co's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Toso Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toso 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.

Toso Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=555.00/2428.28
=0.23

* 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.

Toso Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Toso Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=614.058/106.8000*106.8000
=614.058

Current CPI (Dec. 2023) = 106.8000.

Toso Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 655.524 95.700 731.557
201406 505.508 98.000 550.901
201409 527.151 98.500 571.571
201412 508.194 97.900 554.393
201503 597.937 97.900 652.295
201506 465.789 98.400 505.551
201509 521.026 98.500 564.930
201512 519.481 98.100 565.551
201603 598.637 97.900 653.059
201606 476.960 98.100 519.259
201609 554.332 98.000 604.109
201612 515.766 98.400 559.795
201703 600.853 98.100 654.140
201706 492.687 98.500 534.203
201709 552.896 98.800 597.665
201712 540.632 99.400 580.880
201803 495.846 99.200 533.834
201806 482.691 99.200 519.671
201809 583.002 99.900 623.269
201812 588.715 99.700 630.640
201903 651.684 99.700 698.093
201906 526.172 99.800 563.078
201909 631.142 100.100 673.386
201912 595.611 100.500 632.948
202003 683.744 100.300 728.054
202006 536.782 99.900 573.857
202009 590.226 99.900 630.992
202012 614.994 99.300 661.444
202103 658.300 99.900 703.768
202106 542.382 99.500 582.175
202109 570.257 100.100 608.426
202112 596.630 100.100 636.564
202203 622.488 101.100 657.584
202206 541.570 101.800 568.170
202209 593.067 103.100 614.351
202212 597.744 104.100 613.247
202303 642.133 104.400 656.895
202306 540.802 105.200 549.027
202309 605.940 106.200 609.363
202312 614.058 106.800 614.058

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.


Toso Co  (TSE:5956) 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.


Toso Co Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Toso Co's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Toso Co (TSE:5956) Business Description

Traded in Other Exchanges
N/A
Address
1-4-9 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Toso Co Ltd is a Japan-based company mainly engaged in the development, manufacture, and sale of interior goods. Products offered by the company include decorative curtain tracks and poles, motorized curtain tracks, professional curtain tracks, among others.

Toso Co (TSE:5956) Headlines

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