TOYO (TSE:8151) Cyclically Adjusted PS Ratio: 1.58 (As of Jul. 25, 2026) — 22% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:8151 TOYO Corporation TSE:8151
92 GF Score
Price 円1,973.00
GF Value 円1,968.04
Valuation Fairly Valued
View Full Analysis

What is TOYO Cyclically Adjusted PS Ratio?

TOYO TSE:8151 -0.35% 92 Cyclically Adjusted PS Ratio is 1.58 as of Jul. 25, 2026, which is 22% above its 10-year median of 1.30. GuruFocus rates TSE:8151 with a GF Score™ of 92/100 and a GF Value™ of 円1,968.04 (Fairly Valued). Among 1,976 Hardware companies, TOYO ranks worse than 53.04% on this metric.

As of today (2026-07-25), TOYO's current share price is 円1973.00. TOYO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,249.11. TOYO's Cyclically Adjusted PS Ratio for today is 1.58.

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

TSE:8151' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.3   Max: 1.73
Current: 1.52

During the past years, TOYO's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.91. And the median was 1.30.

TSE:8151's Cyclically Adjusted PS Ratio is ranked worse than
53.04% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs TSE:8151: 1.52

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.

TOYO's adjusted revenue per share data for the three months ended in Mar. 2026 was 円685.072. 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1,249.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOYO  (TSE:8151) 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.


TOYO Cyclically Adjusted PS Ratio Related Terms


TOYO Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TOYO'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.

TOYO Cyclically Adjusted PS Ratio Chart

TOYO Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.28 1.28 1.46 1.33

TOYO 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 1.19 1.27 1.33 1.44 1.33

TSE:8151 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, TOYO'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.


TOYO Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TOYO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8151
92GF Score
TOYO Corporation TSE:8151
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOYO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1973.00/1249.11
=1.58

* 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.

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

For example, TOYO'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)
=685.072/112.7000*112.7000
=685.072

Current CPI (Mar. 2026) = 112.7000.

TOYO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 155.159 98.100 178.251
201609 193.422 98.000 222.435
201612 150.392 98.400 172.248
201703 379.369 98.100 435.830
201706 150.963 98.500 172.726
201709 190.536 98.800 217.342
201712 168.025 99.400 190.507
201803 378.781 99.200 430.329
201806 176.640 99.200 200.679
201809 227.599 99.900 256.761
201812 202.856 99.700 229.307
201903 332.326 99.700 375.658
201906 189.687 99.800 214.206
201909 307.339 100.100 346.025
201912 178.797 100.500 200.502
202003 354.242 100.300 398.037
202006 173.856 99.900 196.132
202009 232.479 99.900 262.266
202012 176.506 99.300 200.325
202103 351.246 99.900 396.250
202106 202.698 99.500 229.589
202109 224.042 100.100 252.243
202112 233.321 100.100 262.690
202203 354.638 101.100 395.328
202206 207.852 101.800 230.107
202209 316.541 103.100 346.015
202212 237.712 104.100 257.350
202303 436.248 104.400 470.931
202306 250.381 105.200 268.231
202309 312.661 106.200 331.798
202312 309.160 106.800 326.239
202403 597.088 107.200 627.722
202406 246.870 108.200 257.137
202409 406.636 108.900 420.825
202412 289.791 110.700 295.027
202503 516.315 111.100 523.751
202506 280.890 111.700 283.405
202509 421.688 112.000 424.324
202512 308.299 113.000 307.481
202603 685.072 112.700 685.072

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 1.58 mean?
TOYO (TSE:8151) has a Cyclically Adjusted PS Ratio of 1.58 as of Jul. 25, 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 TOYO and its competitors. This is 22% above median its historical median of 1.30. Over the past decade, TOYO's Cyclically Adjusted PS Ratio has ranged from 0.91 to 1.73. According to the industry distribution chart, TOYO ranks #1048 out of 1976 companies in the Hardware industry, placing it in the top 53%.
Is TOYO's Cyclically Adjusted PS Ratio too high?
TOYO's current Cyclically Adjusted PS Ratio of 1.58 is 22% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 1.73. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. TOYO's value of 1.58 is 15.3% above this industry median. Based on the distribution chart, TOYO ranks #1048 out of 1976 companies in the Hardware industry, which is below the industry midpoint. Overall, TOYO has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TOYO's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, TOYO ranks #1048 out of 1976 companies for Cyclically Adjusted PS Ratio. This places TOYO in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. TOYO's value of 1.58 is 15.3% above this benchmark. Historically, TOYO's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 1.73 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.37, TOYO 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,976 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. TOYO's current Cyclically Adjusted PS Ratio of 1.58 is 15.3% 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 TOYO and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOYO's current Cyclically Adjusted PS Ratio is 1.58, which is 22% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOYO stock overvalued right now?
Based on GuruFocus' analysis, TOYO (TSE:8151) is currently considered Fairly Valued. The stock's GF Value™ is 円1,968.04, compared to a current price of 円1,973.00 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.58, which is 22% above median its 10-year median of 1.30 and 15.3% above the Hardware industry median of 1.37. TOYO's overall GF Score™ is 92/100. 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 TOYO (TSE:8151), the current Cyclically Adjusted PS Ratio is 1.58 as of Jul. 25, 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 TOYO (TSE:8151) Overvalued in 2026?

Based on GuruFocus' analysis, TOYO stock appears to be overvalued. The current stock price of 円1,973.00 is trading 0.3% above its estimated GF Value™ of 円1,968.04. GuruFocus considers TOYO to be Fairly Valued.

Key valuation signals for TSE:8151:

  • Cyclically Adjusted PS Ratio: 1.58 (22% above median its 10-year median of 1.30)
  • GF Value™: 円1,968.04 vs. price of 円1,973.00 (0.3% above fair value)
  • GF Score™: 92/100
  • Industry Position: 15.3% above the Hardware median (#1048 of 1976)

No single metric tells the full story. See the TSE:8151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOYO Business Description

Other Exchanges TOY:Germany
Address 1-6, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8284
TOYO Corporation is a Japanese company engaged in businesses related to the sale, maintenance, and services of products in the fields of Telecommunications/Information Security, Machine Control/Noise and Vibration, Physical Properties/Energy, EMC/Large Antennas, Marine/Special Equipment, Software Development Support, and Life Sciences both domestically and overseas.
92GF Score

Get the complete analysis for TSE:8151

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

円1,973.00
Price
円1,968.04
GF Value