Tokyo Metro Co (TSE:9023) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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TSE:9023 Tokyo Metro Co Ltd TSE:9023
9 GF Score
Price 円1,559.50
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What is Tokyo Metro Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Metro Co  (TSE:9023) 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.


Tokyo Metro Co Cyclically Adjusted PS Ratio Related Terms


Tokyo Metro Co Cyclically Adjusted PS Ratio Historical Data

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The historical data trend for Tokyo Metro 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.

Tokyo Metro Co Cyclically Adjusted PS Ratio Chart

Tokyo Metro Co 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 - - - 2.50 2.22

Tokyo Metro Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2.29 2.32 2.17 2.21 1.93

TSE:9023 vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Tokyo Metro 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.


Tokyo Metro Co Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Tokyo Metro Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9023
9GF Score
Tokyo Metro Co Ltd TSE:9023
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Metro 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=187.822/113.6000*113.6000
=187.822

Current CPI (Jun. 2026) = 113.6000.

Tokyo Metro Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 178.090 98.000 206.439
201612 178.387 98.400 205.943
201703 178.339 98.100 206.517
201706 184.196 98.500 212.433
201709 181.516 98.800 208.707
201712 184.153 99.400 210.461
201803 183.045 99.200 209.616
201806 187.639 99.200 214.877
201809 185.699 99.900 211.165
201812 189.170 99.700 215.544
201903 186.019 99.700 211.953
201906 189.793 99.800 216.037
201909 192.504 100.100 218.466
201912 189.269 100.500 213.940
202003 173.954 100.300 197.021
202006 108.079 99.900 122.901
202009 132.721 99.900 150.922
202012 140.491 99.300 160.723
202103 127.709 99.900 145.223
202106 127.869 99.500 145.989
202109 127.138 100.100 144.284
202112 141.162 100.100 160.200
202203 132.065 101.100 148.394
202206 145.730 101.800 162.622
202209 143.775 103.100 158.417
202212 151.843 104.100 165.700
202303 153.093 104.400 166.584
202306 164.935 105.200 178.105
202309 165.090 106.200 176.593
202312 171.060 106.800 181.951
202403 168.910 107.200 178.994
202406 175.473 108.200 184.230
202409 172.838 108.900 180.297
202412 178.549 110.700 183.226
202503 175.088 111.100 179.028
202506 182.618 111.700 185.724
202509 179.773 112.000 182.341
202512 183.136 113.000 184.108
202603 181.897 112.700 183.350
202606 187.822 113.600 187.822

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.


Tokyo Metro Co Business Description

Other Exchanges TKMTY:USAXO7:Germany
Address 19-6 Higashiueno 3-chome, Taito-ku, Tokyo, JPN, 110-8614
Tokyo Metro Co Ltd is engaged in the transportation, real estate, distribution, and advertising businesses. The Transportation segment operates and manages a subway network of nine lines mainly in the Tokyo metropolitan area. The Real Estate segment develops and rents office buildings and hotels, such as Shibuya Mark City, along railway lines. The Distribution and Advertising segment operates commercial facilities like Echika at subway stations and handles advertising within stations and trains, as well as information and communication services. It generates the majority of its revenue from the Transportation segment.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,559.50
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