Toei Co (TSE:9605) Cyclically Adjusted PS Ratio: 2.33 (As of Aug. 23, 2026) — 38% Above Median

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TSE:9605 Toei Co Ltd TSE:9605
88 GF Score
Price 円5,980.00
GF Value 円5,206.05
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Toei Co Cyclically Adjusted PS Ratio?

Toei Co TSE:9605 -0.33% 88 Cyclically Adjusted PS Ratio is 2.33 as of Aug. 23, 2026, which is 38% above its 10-year median of 1.69. GuruFocus rates TSE:9605 with a GF Score™ of 88/100 and a GF Value™ of 円5,206.05 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 734 Media - Diversified companies, Toei Co ranks worse than 80.38% on this metric.

As of today (2026-08-23), Toei Co's current share price is 円5980.00. Toei Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,561.16. Toei Co's Cyclically Adjusted PS Ratio for today is 2.33.

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

TSE:9605' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.69   Max: 2.7
Current: 2.33

During the past years, Toei Co's highest Cyclically Adjusted PS Ratio was 2.70. The lowest was 1.11. And the median was 1.69.

TSE:9605's Cyclically Adjusted PS Ratio is ranked worse than
80.38% of 734 companies
in the Media - Diversified industry
Industry Median: 0.77 vs TSE:9605: 2.33

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.

Toei Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円786.242. 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2,561.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toei Co  (TSE:9605) 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.


Toei Co Cyclically Adjusted PS Ratio Related Terms


Toei Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toei 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.

Toei Co Cyclically Adjusted PS Ratio Chart

Toei 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 1.68 1.60 1.66 2.07 2.30

Toei 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 2.11 2.15 2.15 2.30 0.00

TSE:9605 vs NFLX, DIS, WBD: Cyclically Adjusted PS Ratio Comparison

For the Entertainment subindustry, Toei 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.


Toei Co Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toei Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9605
88GF Score
Toei Co Ltd TSE:9605
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toei 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.

Toei Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5980.00/2561.16
=2.33

* 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.

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

For example, Toei Co'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)
=786.242/112.7000*112.7000
=786.242

Current CPI (Mar. 2026) = 112.7000.

Toei Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 449.544 98.100 516.449
201609 550.836 98.000 633.461
201612 502.566 98.400 575.602
201703 530.701 98.100 609.684
201706 484.366 98.500 554.193
201709 513.597 98.800 585.854
201712 463.613 99.400 525.646
201803 507.597 99.200 576.675
201806 518.374 99.200 588.919
201809 507.883 99.900 572.957
201812 556.989 99.700 629.615
201903 588.255 99.700 664.958
201906 520.361 99.800 587.622
201909 684.821 100.100 771.022
201912 494.953 100.500 555.037
202003 545.203 100.300 612.606
202006 336.223 99.900 379.303
202009 397.703 99.900 448.660
202012 484.557 99.300 549.945
202103 506.861 99.900 571.804
202106 415.841 99.500 471.008
202109 520.142 100.100 585.614
202112 457.765 100.100 515.386
202203 500.185 101.100 557.575
202206 549.561 101.800 608.404
202209 826.992 103.100 903.996
202212 688.712 104.100 745.608
202303 746.176 104.400 805.498
202306 695.630 105.200 745.223
202309 703.510 106.200 746.569
202312 674.657 106.800 711.927
202403 693.917 107.200 729.519
202406 684.106 108.200 712.558
202409 733.512 108.900 759.107
202412 688.872 110.700 701.318
202503 799.742 111.100 811.259
202506 676.039 111.700 682.091
202509 796.486 112.000 801.464
202512 723.092 113.000 721.172
202603 786.242 112.700 786.242

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 2.33 mean?
Toei Co (TSE:9605) has a Cyclically Adjusted PS Ratio of 2.33 as of Aug. 23, 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 Toei Co and its competitors. This is 38% above median its historical median of 1.69. Over the past decade, Toei Co's Cyclically Adjusted PS Ratio has ranged from 1.11 to 2.70. According to the industry distribution chart, Toei Co ranks #590 out of 734 companies in the Media - Diversified industry, placing it in the top 80.4%.
Is Toei Co's Cyclically Adjusted PS Ratio too high?
Toei Co's current Cyclically Adjusted PS Ratio of 2.33 is 38% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.70. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Toei Co's value of 2.33 is 202.6% above this industry median. Based on the distribution chart, Toei Co ranks #590 out of 734 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Toei Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toei Co's Cyclically Adjusted PS Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Toei Co ranks #590 out of 734 companies for Cyclically Adjusted PS Ratio. This places Toei Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Toei Co's value of 2.33 is 202.6% above this benchmark. Historically, Toei Co's own Cyclically Adjusted PS Ratio has ranged from 1.11 to 2.70 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 0.77, Toei Co 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 734 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. Toei Co's current Cyclically Adjusted PS Ratio of 2.33 is 202.6% 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 Toei Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toei Co's current Cyclically Adjusted PS Ratio is 2.33, which is 38% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toei Co stock overvalued right now?
Based on GuruFocus' analysis, Toei Co (TSE:9605) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,206.05, compared to a current price of 円5,980.00 — trading 14.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.33, which is 38% above median its 10-year median of 1.69 and 202.6% above the Media - Diversified industry median of 0.77. Toei Co's overall GF Score™ is 88/100 with 4 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 Toei Co (TSE:9605), the current Cyclically Adjusted PS Ratio is 2.33 as of Aug. 23, 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 Toei Co (TSE:9605) Overvalued in 2026?

Based on GuruFocus' analysis, Toei Co stock appears to be overvalued. The current stock price of 円5,980.00 is trading 14.9% above its estimated GF Value™ of 円5,206.05. GuruFocus considers Toei Co to be Modestly Overvalued.

Key valuation signals for TSE:9605:

  • Cyclically Adjusted PS Ratio: 2.33 (38% above median its 10-year median of 1.69)
  • GF Value™: 円5,206.05 vs. price of 円5,980.00 (14.9% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 202.6% above the Media - Diversified median (#590 of 734)

No single metric tells the full story. See the TSE:9605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toei Co Business Description

Address 3-2-17 Ginza, Chuo-ku, Tokyo, JPN, 104-8108
Toei Co Ltd engaged in the production of theatrical movies, TV dramas, direct-to-video productions, and anime, as well as a diverse range of businesses based on film production. The company releases both domestic and foreign movies, including its own films directly managed theaters and cinema complexes operated by the subsidiary T-Joy Co., Ltd. It also offers a digital cinema system providing packaged video software, such as DVD and Blu-ray discs. Its video distribution services engage in the sales of content to distribution media and the distribution of movies on iTunes in Japan. It operates more than ten official mobile websites via three major carriers namely NTT DOCOMO, au, and SoftBank.
88GF Score

Get the complete analysis for TSE:9605

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

円5,980.00
Price
円5,206.05
GF Value