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Toho Titanium Co (Toho Titanium Co) Cyclically Adjusted PS Ratio : 1.66 (As of Jun. 09, 2024)


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What is Toho Titanium Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Toho Titanium Co's current share price is $8.29. Toho Titanium Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.00. Toho Titanium Co's Cyclically Adjusted PS Ratio for today is 1.66.

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

TTNNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.01   Max: 5.09
Current: 1.8

During the past years, Toho Titanium Co's highest Cyclically Adjusted PS Ratio was 5.09. The lowest was 0.99. And the median was 2.01.

TTNNF's Cyclically Adjusted PS Ratio is ranked worse than
60.03% of 583 companies
in the Metals & Mining industry
Industry Median: 1.28 vs TTNNF: 1.80

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.

Toho Titanium Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.936. 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 $5.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Titanium Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toho Titanium 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.

* Premium members only.

Toho Titanium Co Cyclically Adjusted PS Ratio Chart

Toho Titanium Co 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 1.17 1.80 2.53 3.43 -

Toho Titanium Co 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 3.43 2.65 2.63 2.70 -

Competitive Comparison of Toho Titanium Co's Cyclically Adjusted PS Ratio

For the Other Industrial Metals & Mining subindustry, Toho Titanium 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.


Toho Titanium Co's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Titanium Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toho Titanium 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.29/5
=1.66

* 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.

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

For example, Toho Titanium Co'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)
=1.936/106.8000*106.8000
=1.936

Current CPI (Dec. 2023) = 106.8000.

Toho Titanium Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.091 95.700 1.218
201406 1.143 98.000 1.246
201409 1.115 98.500 1.209
201412 1.026 97.900 1.119
201503 0.952 97.900 1.039
201506 1.516 98.400 1.645
201509 1.130 98.500 1.225
201512 1.329 98.100 1.447
201603 1.108 97.900 1.209
201606 1.054 98.100 1.147
201609 1.045 98.000 1.139
201612 1.000 98.400 1.085
201703 0.931 98.100 1.014
201706 1.142 98.500 1.238
201709 1.115 98.800 1.205
201712 1.223 99.400 1.314
201803 1.274 99.200 1.372
201806 1.341 99.200 1.444
201809 1.214 99.900 1.298
201812 1.395 99.700 1.494
201903 1.558 99.700 1.669
201906 1.357 99.800 1.452
201909 1.447 100.100 1.544
201912 1.559 100.500 1.657
202003 1.551 100.300 1.652
202006 1.041 99.900 1.113
202009 1.146 99.900 1.225
202012 1.237 99.300 1.330
202103 1.348 99.900 1.441
202106 1.507 99.500 1.618
202109 1.846 100.100 1.970
202112 1.767 100.100 1.885
202203 1.768 101.100 1.868
202206 2.106 101.800 2.209
202209 1.845 103.100 1.911
202212 2.040 104.100 2.093
202303 2.299 104.400 2.352
202306 1.606 105.200 1.630
202309 1.948 106.200 1.959
202312 1.936 106.800 1.936

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.


Toho Titanium Co  (OTCPK:TTNNF) 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.


Toho Titanium Co Cyclically Adjusted PS Ratio Related Terms

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


Toho Titanium Co (Toho Titanium Co) Business Description

Traded in Other Exchanges
Address
3-3-5,Chigasaki, Chigasaki City, Kanagawa, JPN, 2538510
Toho Titanium Co Ltd is a company which focuses on titanium products. Through its titanium business, the company manufactures titanium ingots, titanium sponge, high-purity titanium, and fabricated titanium products. Products are sold across several industries, mostly for aerospace and electronic materials production. Materials gained in the titanium production process are utilised to create catalysts, titanium dioxide for electronic materials, and nickel powder for capacitors. These products form the catalysts and chemicals business, and the output is largely sold to petrochemical companies and businesses manufacturing electronic materials.

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