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Toyota Industries (TSE:6201) Cyclically Adjusted PS Ratio : 1.88 (As of May. 01, 2024)


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What is Toyota Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Toyota Industries's current share price is 円15030.00. Toyota Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円8,015.84. Toyota Industries's Cyclically Adjusted PS Ratio for today is 1.88.

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

TSE:6201' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.15   Max: 2.02
Current: 1.82

During the past years, Toyota Industries's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.76. And the median was 1.15.

TSE:6201's Cyclically Adjusted PS Ratio is ranked worse than
73.1% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs TSE:6201: 1.82

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 Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was 円3,189.106. 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8,015.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toyota Industries'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.

Toyota Industries Cyclically Adjusted PS Ratio Chart

Toyota Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.57 1.26 0.99 -

Toyota Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.99 1.34 1.50 1.43 -

Competitive Comparison of Toyota Industries's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Toyota Industries'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 Industries's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toyota Industries 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 Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15030.00/8015.84
=1.88

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

For example, Toyota Industries'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)
=3189.106/106.8000*106.8000
=3,189.106

Current CPI (Dec. 2023) = 106.8000.

Toyota Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,680.439 95.700 1,875.349
201406 1,659.202 98.000 1,808.192
201409 1,671.315 98.500 1,812.147
201412 1,709.987 97.900 1,865.440
201503 1,857.147 97.900 2,025.979
201506 1,730.800 98.400 1,878.551
201509 1,789.002 98.500 1,939.750
201512 1,905.036 98.100 2,073.984
201603 -24.455 97.900 -26.678
201606 1,277.885 98.100 1,391.214
201609 1,285.248 98.000 1,400.658
201612 1,367.830 98.400 1,484.596
201703 1,434.597 98.100 1,561.824
201706 1,434.473 98.500 1,555.347
201709 1,586.367 98.800 1,714.818
201712 1,696.528 99.400 1,822.829
201803 1,736.901 99.200 1,869.970
201806 1,681.702 99.200 1,810.542
201809 1,722.670 99.900 1,841.653
201812 1,844.907 99.700 1,976.290
201903 1,884.526 99.700 2,018.730
201906 1,775.368 99.800 1,899.893
201909 1,776.984 100.100 1,895.923
201912 1,679.755 100.500 1,785.053
202003 1,761.337 100.300 1,875.481
202006 1,387.699 99.900 1,483.546
202009 1,694.615 99.900 1,811.660
202012 1,824.895 99.300 1,962.727
202103 1,915.421 99.900 2,047.717
202106 1,986.962 99.500 2,132.739
202109 2,073.973 100.100 2,212.790
202112 2,277.464 100.100 2,429.902
202203 2,374.467 101.100 2,508.339
202206 2,446.642 101.800 2,566.811
202209 2,714.721 103.100 2,812.146
202212 2,786.237 104.100 2,858.503
202303 2,938.447 104.400 3,005.998
202306 2,864.792 105.200 2,908.363
202309 3,053.250 106.200 3,070.500
202312 3,189.106 106.800 3,189.106

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.


Toyota Industries  (TSE:6201) 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 Industries Cyclically Adjusted PS Ratio Related Terms

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


Toyota Industries (TSE:6201) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (TSE:6201) Headlines

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