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Toshiba Tec (Toshiba Tec) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 20, 2024)


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What is Toshiba Tec Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Toshiba Tec's current share price is $10.00. Toshiba Tec's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $41.91. Toshiba Tec's Cyclically Adjusted PS Ratio for today is 0.24.

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

TSHTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.42   Max: 0.57
Current: 0.33

During the past years, Toshiba Tec's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.29. And the median was 0.42.

TSHTY's Cyclically Adjusted PS Ratio is ranked better than
80.6% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs TSHTY: 0.33

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.

Toshiba Tec's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.731. 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 $41.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toshiba Tec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toshiba Tec'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.

Toshiba Tec Cyclically Adjusted PS Ratio Chart

Toshiba Tec 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 0.39 0.47 0.55 0.42 -

Toshiba Tec 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 0.42 0.44 0.36 0.31 -

Competitive Comparison of Toshiba Tec's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Toshiba Tec'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.


Toshiba Tec's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Toshiba Tec 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.

Toshiba Tec's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.00/41.91
=0.24

* 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.

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

For example, Toshiba Tec'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)
=8.731/106.8000*106.8000
=8.731

Current CPI (Dec. 2023) = 106.8000.

Toshiba Tec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.124 95.700 13.530
201406 10.773 98.000 11.740
201409 11.453 98.500 12.418
201412 9.928 97.900 10.831
201503 10.430 97.900 11.378
201506 9.348 98.400 10.146
201509 10.436 98.500 11.315
201512 9.713 98.100 10.574
201603 11.145 97.900 12.158
201606 10.384 98.100 11.305
201609 10.988 98.000 11.975
201612 9.508 98.400 10.320
201703 10.686 98.100 11.634
201706 9.470 98.500 10.268
201709 10.477 98.800 11.325
201712 10.360 99.400 11.131
201803 12.118 99.200 13.046
201806 9.451 99.200 10.175
201809 9.856 99.900 10.537
201812 9.585 99.700 10.268
201903 10.004 99.700 10.716
201906 9.802 99.800 10.490
201909 11.259 100.100 12.013
201912 9.665 100.500 10.271
202003 9.936 100.300 10.580
202006 7.134 99.900 7.627
202009 9.239 99.900 9.877
202012 8.948 99.300 9.624
202103 9.345 99.900 9.990
202106 8.839 99.500 9.487
202109 9.063 100.100 9.670
202112 8.897 100.100 9.493
202203 8.905 101.100 9.407
202206 7.373 101.800 7.735
202209 8.485 103.100 8.790
202212 8.745 104.100 8.972
202303 9.212 104.400 9.424
202306 7.821 105.200 7.940
202309 8.641 106.200 8.690
202312 8.731 106.800 8.731

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.


Toshiba Tec  (OTCPK:TSHTY) 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.


Toshiba Tec Cyclically Adjusted PS Ratio Related Terms

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


Toshiba Tec (Toshiba Tec) Business Description

Industry
Traded in Other Exchanges
Address
1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.

Toshiba Tec (Toshiba Tec) Headlines

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