TONE Co (TSE:5967) Cyclically Adjusted PS Ratio: 1.33 (As of Sep. 11, 2026) — Near Median

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TSE:5967 TONE Co Ltd TSE:5967
58 GF Score
Price 円453.00
GF Value 円613.31
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is TONE Co Cyclically Adjusted PS Ratio?

TONE Co TSE:5967 -0.44% 58 Cyclically Adjusted PS Ratio is 1.33 as of Sep. 11, 2026, which is 9% above its 10-year median of 1.22. GuruFocus rates TSE:5967 with a GF Score™ of 58/100 and a GF Value™ of 円613.31 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,276 Industrial Products companies, TONE Co ranks better than 57.34% on this metric.

As of today (2026-09-11), TONE Co's current share price is 円453.00. TONE Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円341.85. TONE Co's Cyclically Adjusted PS Ratio for today is 1.33.

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

TSE:5967' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.22   Max: 2.3
Current: 1.37

During the past years, TONE Co's highest Cyclically Adjusted PS Ratio was 2.30. The lowest was 0.78. And the median was 1.22.

TSE:5967's Cyclically Adjusted PS Ratio is ranked better than
57.34% of 2276 companies
in the Industrial Products industry
Industry Median: 1.81 vs TSE:5967: 1.37

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.

TONE Co's adjusted revenue per share data for the three months ended in May. 2026 was 円122.259. 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341.85 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TONE Co  (TSE:5967) 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.


TONE Co Cyclically Adjusted PS Ratio Related Terms


TONE Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TONE 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.

TONE Co Cyclically Adjusted PS Ratio Chart

TONE Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.58 1.71 0.00 1.33

TONE Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 1.69 1.55 1.43 1.33

TSE:5967 vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, TONE 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.


TONE Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TONE Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5967
58GF Score
TONE Co Ltd TSE:5967
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TONE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=453.00/341.85
=1.33

* 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.

TONE Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, TONE Co's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=122.259/113.5000*113.5000
=122.259

Current CPI (May. 2026) = 113.5000.

TONE Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 55.106 97.800 63.952
201605 85.553 98.200 98.883
201608 49.204 97.900 57.044
201611 79.249 98.600 91.225
201702 55.836 98.100 64.601
201705 96.393 98.600 110.959
201708 47.142 98.500 54.321
201711 79.515 99.100 91.069
201802 61.180 99.500 69.788
201805 109.130 99.300 124.736
201808 55.223 99.800 62.804
201811 79.790 100.000 90.562
201902 61.139 99.700 69.602
201905 102.339 100.000 116.155
201908 58.481 100.000 66.376
201911 92.560 100.500 104.533
202002 63.461 100.300 71.813
202005 90.939 100.100 103.113
202008 53.064 100.100 60.167
202011 85.278 99.500 97.277
202102 67.289 99.800 76.526
202105 97.927 99.400 111.818
202108 63.581 99.700 72.382
202111 76.136 100.100 86.328
202202 62.561 100.700 70.513
202205 92.674 101.800 103.325
202208 64.586 102.700 71.378
202211 76.575 103.900 83.650
202302 63.290 104.000 69.071
202305 101.561 105.100 109.678
202308 58.814 105.900 63.035
202311 92.397 106.900 98.102
202402 75.134 106.900 79.773
202405 117.097 108.100 122.946
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202508 62.094 112.100 62.869
202511 91.079 113.200 91.320
202602 82.656 112.200 83.614
202605 122.259 113.500 122.259

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 1.33 mean?
TONE Co (TSE:5967) has a Cyclically Adjusted PS Ratio of 1.33 as of Sep. 11, 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 TONE Co and its competitors. This is near median its historical median of 1.22. Over the past decade, TONE Co's Cyclically Adjusted PS Ratio has ranged from 0.78 to 2.30. According to the industry distribution chart, TONE Co ranks #971 out of 2276 companies in the Industrial Products industry, placing it in the top 42.7%.
Is TONE Co's Cyclically Adjusted PS Ratio too high?
TONE Co's current Cyclically Adjusted PS Ratio of 1.33 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.30. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. TONE Co's value of 1.33 is 26.5% below this industry median. Based on the distribution chart, TONE Co ranks #971 out of 2276 companies in the Industrial Products industry, which is above the industry midpoint. Overall, TONE Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TONE Co's Cyclically Adjusted PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, TONE Co ranks #971 out of 2276 companies for Cyclically Adjusted PS Ratio. This puts TONE Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. TONE Co's value of 1.33 is 26.5% below this benchmark. Historically, TONE Co's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 2.30 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.81, TONE Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,276 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. TONE Co's current Cyclically Adjusted PS Ratio of 1.33 is 26.5% 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 TONE Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TONE Co's current Cyclically Adjusted PS Ratio is 1.33, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TONE Co stock overvalued right now?
Based on GuruFocus' analysis, TONE Co (TSE:5967) is currently considered Modestly Undervalued. The stock's GF Value™ is 円613.31, compared to a current price of 円453.00 — trading 26.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.33, which is near median its 10-year median of 1.22 and 26.5% below the Industrial Products industry median of 1.81. TONE Co's overall GF Score™ is 58/100 with 5 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 TONE Co (TSE:5967), the current Cyclically Adjusted PS Ratio is 1.33 as of Sep. 11, 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 TONE Co (TSE:5967) Overvalued in 2026?

Based on GuruFocus' analysis, TONE Co stock appears to be undervalued. The current stock price of 円453.00 is trading 26.1% below its estimated GF Value™ of 円613.31. GuruFocus considers TONE Co to be Modestly Undervalued.

Key valuation signals for TSE:5967:

  • Cyclically Adjusted PS Ratio: 1.33 (near median its 10-year median of 1.22)
  • GF Value™: 円613.31 vs. price of 円453.00 (26.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 26.5% below the Industrial Products median (#971 of 2276)

No single metric tells the full story. See the TSE:5967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TONE Co Business Description

Address 6-25 Kotobukicho, Osaka Prefecture, Kawachinagano, JPN, 586-0026
TONE Co Ltd is engaged in the manufacture of work tools for the professional automotive machine direction, and industrial construction and civil engineering development, manufacturing and sales of power tools and torque management devices.
58GF Score

Get the complete analysis for TSE:5967

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

円453.00
Price
円613.31
GF Value