Toami (TSE:5973) Cyclically Adjusted PS Ratio: 0.24 (As of Sep. 08, 2026) — Near Median

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TSE:5973 Toami Corp TSE:5973
71 GF Score
Price 円614.00
GF Value 円600.52
Valuation Fairly Valued
! 5 Warning Signs
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What is Toami Cyclically Adjusted PS Ratio?

Toami TSE:5973 -0.32% 71 Cyclically Adjusted PS Ratio is 0.24 as of Sep. 08, 2026, which is 9% above its 10-year median of 0.22. GuruFocus rates TSE:5973 with a GF Score™ of 71/100 and a GF Value™ of 円600.52 (Fairly Valued). The stock has 5 warning signs investors should review. Among 509 Steel companies, Toami ranks better than 72.3% on this metric.

As of today (2026-09-08), Toami's current share price is 円614.00. Toami's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,517.39. Toami's Cyclically Adjusted PS Ratio for today is 0.24.

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

TSE:5973' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.22   Max: 0.26
Current: 0.24

During the past years, Toami's highest Cyclically Adjusted PS Ratio was 0.26. The lowest was 0.15. And the median was 0.22.

TSE:5973's Cyclically Adjusted PS Ratio is ranked better than
72.3% of 509 companies
in the Steel industry
Industry Median: 0.45 vs TSE:5973: 0.24

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.

Toami's adjusted revenue per share data for the three months ended in Mar. 2026 was 円731.664. 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2,517.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toami  (TSE:5973) 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.


Toami Cyclically Adjusted PS Ratio Related Terms


Toami Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toami'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.

Toami Cyclically Adjusted PS Ratio Chart

Toami 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 0.20 0.23 0.25 0.00 0.24

Toami Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.22 0.21 0.22 0.24 0.00

TSE:5973 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Toami'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.


Toami Cyclically Adjusted PS Ratio vs Steel Industry

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

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


TSE:5973
71GF Score
Toami Corp TSE:5973
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toami 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.

Toami's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=614.00/2517.39
=0.24

* 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.

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

For example, Toami'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)
=731.664/112.7000*112.7000
=731.664

Current CPI (Mar. 2026) = 112.7000.

Toami Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 491.643 97.900 565.967
201606 423.920 98.100 487.011
201609 424.421 98.000 488.084
201612 505.609 98.400 579.087
201703 465.690 98.100 534.998
201706 467.052 98.500 534.383
201709 473.616 98.800 540.248
201712 517.557 99.400 586.808
201803 457.695 99.200 519.982
201806 493.640 99.200 560.819
201809 476.693 99.900 537.771
201812 572.265 99.700 646.883
201903 511.299 99.700 577.968
201906 487.594 99.800 550.620
201909 524.313 100.100 590.310
201912 577.469 100.500 647.570
202003 520.383 100.300 584.717
202006 472.716 99.900 533.284
202009 461.362 99.900 520.475
202012 515.026 99.300 584.526
202103 445.707 99.900 502.815
202106 448.689 99.500 508.214
202109 470.532 100.100 529.760
202112 565.281 100.100 636.435
202203 480.724 101.100 535.881
202206 530.960 101.800 587.811
202209 622.839 103.100 680.834
202212 731.440 104.100 791.866
202303 649.487 104.400 701.122
202306 727.133 105.200 778.972
202309 721.512 106.200 765.672
202312 789.573 106.800 833.192
202403 711.381 107.200 747.879
202406 709.072 108.200 738.562
202409 789.325 108.900 816.868
202503 0.000 111.100 0.000
202506 798.859 111.700 806.011
202509 786.629 112.000 791.545
202512 890.255 113.000 887.891
202603 731.664 112.700 731.664

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 0.24 mean?
Toami (TSE:5973) has a Cyclically Adjusted PS Ratio of 0.24 as of Sep. 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 Toami and its competitors. This is near median its historical median of 0.22. Over the past decade, Toami's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.26. According to the industry distribution chart, Toami ranks #141 out of 509 companies in the Steel industry, placing it in the top 27.7%.
Is Toami's Cyclically Adjusted PS Ratio too high?
Toami's current Cyclically Adjusted PS Ratio of 0.24 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.26. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Toami's value of 0.24 is 46.7% below this industry median. Based on the distribution chart, Toami ranks #141 out of 509 companies in the Steel industry, which is above the industry midpoint. Overall, Toami has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toami's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Toami ranks #141 out of 509 companies for Cyclically Adjusted PS Ratio. This puts Toami in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Toami's value of 0.24 is 46.7% below this benchmark. Historically, Toami's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.26 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.45, Toami 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 509 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. Toami's current Cyclically Adjusted PS Ratio of 0.24 is 46.7% 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 Toami 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. Toami's current Cyclically Adjusted PS Ratio is 0.24, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toami stock overvalued right now?
Based on GuruFocus' analysis, Toami (TSE:5973) is currently considered Fairly Valued. The stock's GF Value™ is 円600.52, compared to a current price of 円614.00 — trading 2.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is near median its 10-year median of 0.22 and 46.7% below the Steel industry median of 0.45. Toami's overall GF Score™ is 71/100 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 Toami (TSE:5973), the current Cyclically Adjusted PS Ratio is 0.24 as of Sep. 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 Toami (TSE:5973) Overvalued in 2026?

Based on GuruFocus' analysis, Toami stock appears to be overvalued. The current stock price of 円614.00 is trading 2.2% above its estimated GF Value™ of 円600.52. GuruFocus considers Toami to be Fairly Valued.

Key valuation signals for TSE:5973:

  • Cyclically Adjusted PS Ratio: 0.24 (near median its 10-year median of 0.22)
  • GF Value™: 円600.52 vs. price of 円614.00 (2.2% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 46.7% below the Steel median (#141 of 509)

No single metric tells the full story. See the TSE:5973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toami Business Description

Address 10-20 Nakano-Shinmachi, Shijo Nawate, Osaka, JPN, 575 0054
Toami Corp manufactures and sells welded wire mesh and special welded wire mesh for civil engineering works. It offers welded wire fabrics, welded plates, galvanized iron wires, spiral hoops, net welded wires, and plastic-coated wires, among others. The company's business segment includes Civil engineering and Construction materials business segment and the Civil engineering and construction work business segment. The company generates the majority of its revenue from the Civil engineering and construction material segment.
71GF Score

Get the complete analysis for TSE:5973

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

円614.00
Price
円600.52
GF Value