Toa (Electric Appliances) (TSE:6809) Cyclically Adjusted PS Ratio: 1.06 (As of Jul. 29, 2026) — 49% Above Median

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TSE:6809 Toa Corporation (Electric Appliances) TSE:6809
75 GF Score
Price 円1,636.00
GF Value 円1,285.00
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Toa (Electric Appliances) Cyclically Adjusted PS Ratio?

Toa (Electric Appliances) TSE:6809 -0.18% 75 Cyclically Adjusted PS Ratio is 1.06 as of Jul. 29, 2026, which is 49% above its 10-year median of 0.71. GuruFocus rates TSE:6809 with a GF Score™ of 75/100 and a GF Value™ of 円1,285.00 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 716 Business Services companies, Toa (Electric Appliances) ranks worse than 54.05% on this metric.

As of today (2026-07-29), Toa (Electric Appliances)'s current share price is 円1636.00. Toa (Electric Appliances)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,548.78. Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio for today is 1.06.

The historical rank and industry rank for Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:6809' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.71   Max: 1.23
Current: 1.04

During the past years, Toa (Electric Appliances)'s highest Cyclically Adjusted PS Ratio was 1.23. The lowest was 0.50. And the median was 0.71.

TSE:6809's Cyclically Adjusted PS Ratio is ranked worse than
54.05% of 716 companies
in the Business Services industry
Industry Median: 0.91 vs TSE:6809: 1.04

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.

Toa (Electric Appliances)'s adjusted revenue per share data for the three months ended in Mar. 2026 was 円535.334. 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1,548.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toa (Electric Appliances)  (TSE:6809) 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.


Toa (Electric Appliances) Cyclically Adjusted PS Ratio Related Terms


Toa (Electric Appliances) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toa (Electric Appliances)'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.

Toa (Electric Appliances) Cyclically Adjusted PS Ratio Chart

Toa (Electric Appliances) 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 0.52 0.60 0.82 0.62 1.13

Toa (Electric Appliances) 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 0.62 0.67 0.79 1.04 1.13

TSE:6809 vs ALLE, MSA, ADT: Cyclically Adjusted PS Ratio Comparison

For the Security & Protection Services subindustry, Toa (Electric Appliances)'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.


Toa (Electric Appliances) Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio falls into.


TSE:6809
75GF Score
Toa Corporation (Electric Appliances) TSE:6809
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toa (Electric Appliances) 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.

Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1636.00/1548.78
=1.06

* 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.

Toa (Electric Appliances)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Toa (Electric Appliances)'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)
=535.334/112.7000*112.7000
=535.334

Current CPI (Mar. 2026) = 112.7000.

Toa (Electric Appliances) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 240.439 98.100 276.223
201609 333.402 98.000 383.412
201612 292.207 98.400 334.672
201703 389.127 98.100 447.040
201706 240.233 98.500 274.866
201709 329.150 98.800 375.458
201712 316.127 99.400 358.426
201803 419.172 99.200 476.217
201806 259.524 99.200 294.842
201809 334.446 99.900 377.298
201812 363.505 99.700 410.903
201903 410.962 99.700 464.548
201906 268.147 99.800 302.807
201909 344.974 100.100 388.397
201912 308.825 100.500 346.314
202003 408.471 100.300 458.970
202006 255.234 99.900 287.937
202009 283.201 99.900 319.487
202012 320.069 99.300 363.261
202103 384.386 99.900 433.637
202106 254.467 99.500 288.225
202109 327.678 100.100 368.924
202112 313.386 100.100 352.833
202203 359.790 101.100 401.072
202206 279.113 101.800 308.998
202209 344.697 103.100 376.793
202212 348.161 104.100 376.924
202303 421.790 104.400 455.323
202306 312.193 105.200 334.450
202309 368.187 106.200 390.722
202312 388.354 106.800 409.808
202403 463.633 107.200 487.420
202406 367.596 108.200 382.884
202409 392.203 108.900 405.889
202412 436.119 110.700 443.998
202503 490.803 111.100 497.871
202506 380.083 111.700 383.486
202509 427.940 112.000 430.615
202512 482.788 113.000 481.506
202603 535.334 112.700 535.334

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 1.06 mean?
Toa (Electric Appliances) (TSE:6809) has a Cyclically Adjusted PS Ratio of 1.06 as of Jul. 29, 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 Toa (Electric Appliances) and its competitors. This is 49% above median its historical median of 0.71. Over the past decade, Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.23. According to the industry distribution chart, Toa (Electric Appliances) ranks #387 out of 716 companies in the Business Services industry, placing it in the top 54.1%.
Is Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio too high?
Toa (Electric Appliances)'s current Cyclically Adjusted PS Ratio of 1.06 is 49% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.23. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Toa (Electric Appliances)'s value of 1.06 is 16.5% above this industry median. Based on the distribution chart, Toa (Electric Appliances) ranks #387 out of 716 companies in the Business Services industry, which is below the industry midpoint. Overall, Toa (Electric Appliances) has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toa (Electric Appliances) ranks #387 out of 716 companies for Cyclically Adjusted PS Ratio. This places Toa (Electric Appliances) in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Toa (Electric Appliances)'s value of 1.06 is 16.5% above this benchmark. Historically, Toa (Electric Appliances)'s own Cyclically Adjusted PS Ratio has ranged from 0.50 to 1.23 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.91, Toa (Electric Appliances) 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. Toa (Electric Appliances)'s current Cyclically Adjusted PS Ratio of 1.06 is 16.5% 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 Toa (Electric Appliances) and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa (Electric Appliances)'s current Cyclically Adjusted PS Ratio is 1.06, which is 49% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Based on GuruFocus' analysis, Toa (Electric Appliances) (TSE:6809) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,285.00, compared to a current price of 円1,636.00 — trading 27.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.06, which is 49% above median its 10-year median of 0.71 and 16.5% above the Business Services industry median of 0.91. Toa (Electric Appliances)'s overall GF Score™ is 75/100 with 1 warning sign 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 Toa (Electric Appliances) (TSE:6809), the current Cyclically Adjusted PS Ratio is 1.06 as of Jul. 29, 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 Toa (Electric Appliances) (TSE:6809) Overvalued in 2026?

Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued. The current stock price of 円1,636.00 is trading 27.3% above its estimated GF Value™ of 円1,285.00. GuruFocus considers Toa (Electric Appliances) to be Modestly Overvalued.

Key valuation signals for TSE:6809:

  • Cyclically Adjusted PS Ratio: 1.06 (49% above median its 10-year median of 0.71)
  • GF Value™: 円1,285.00 vs. price of 円1,636.00 (27.3% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 16.5% above the Business Services median (#387 of 716)

No single metric tells the full story. See the TSE:6809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toa (Electric Appliances) Business Description

Address No. 2-1, Minato Nakamachi 7-chome, Chuo-ku, Hyog, Kobe, JPN, 650-0046
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
75GF Score

Get the complete analysis for TSE:6809

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

円1,636.00
Price
円1,285.00
GF Value