Toyo Securities Co (FRA:G46) Cyclically Adjusted Revenue per Share: €0.88 (As of Mar. 2026)

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FRA:G46 Toyo Securities Co Ltd FRA:G46
66 GF Score
Price €3.65
GF Value €3.60
! 2 Warning Signs
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What is Toyo Securities Co Cyclically Adjusted Revenue per Share?

Toyo Securities Co FRA:G46 +0.16% 66 Cyclically Adjusted Revenue per Share is €0.88 as of Mar. 2026. GuruFocus rates FRA:G46 with a GF Score™ of 66/100 and a GF Value™ of €3.60. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 Securities Co's adjusted revenue per share for the three months ended in Mar. 2026 was €0.299. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €0.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Toyo Securities Co's average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Toyo Securities Co was 0.60% per year. The lowest was -1.00% per year. And the median was -0.45% per year.

As of today (2026-08-17), Toyo Securities Co's current stock price is €3.654. Toyo Securities Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.88. Toyo Securities Co's Cyclically Adjusted PS Ratio of today is 4.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toyo Securities Co was 5.00. The lowest was 0.62. And the median was 1.55.


Toyo Securities Co  (FRA:G46) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Securities Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.654/0.88
=4.15

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toyo Securities Co was 5.00. The lowest was 0.62. And the median was 1.55.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Toyo Securities Co Cyclically Adjusted Revenue per Share Related Terms


Toyo Securities Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Toyo Securities Co's Cyclically Adjusted Revenue per Share 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 Securities Co Cyclically Adjusted Revenue per Share Chart

Toyo Securities Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.88

Toyo Securities 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 Revenue per Share 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 0.00 0.00 0.00 0.88 0.00

FRA:G46 vs MS, GS, SCHW: Cyclically Adjusted Revenue per Share Comparison

For the Capital Markets subindustry, Toyo Securities 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.


Toyo Securities Co Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Toyo Securities Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:G46
66GF Score
Toyo Securities Co Ltd FRA:G46
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Securities Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Toyo Securities 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)
=0.299/112.7000*112.7000
=0.299

Current CPI (Mar. 2026) = 112.7000.

Toyo Securities Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.263 98.100 0.302
201609 0.258 98.000 0.297
201612 0.391 98.400 0.448
201703 0.391 98.100 0.449
201706 0.386 98.500 0.442
201709 0.348 98.800 0.397
201712 0.387 99.400 0.439
201803 0.328 99.200 0.373
201806 0.299 99.200 0.340
201809 0.270 99.900 0.305
201812 0.208 99.700 0.235
201903 0.203 99.700 0.229
201906 0.247 99.800 0.279
201909 0.216 100.100 0.243
201912 0.273 100.500 0.306
202003 0.274 100.300 0.308
202006 0.243 99.900 0.274
202009 0.312 99.900 0.352
202012 0.318 99.300 0.361
202103 0.336 99.900 0.379
202106 0.282 99.500 0.319
202109 0.286 100.100 0.322
202112 0.291 100.100 0.328
202203 0.198 101.100 0.221
202206 0.176 101.800 0.195
202209 0.186 103.100 0.203
202212 0.188 104.100 0.204
202303 0.187 104.400 0.202
202306 0.226 105.200 0.242
202309 0.234 106.200 0.248
202312 0.217 106.800 0.229
202403 0.277 107.200 0.291
202406 0.217 108.200 0.226
202409 0.205 108.900 0.212
202412 0.235 110.700 0.239
202503 0.218 111.100 0.221
202506 0.249 111.700 0.251
202509 0.287 112.000 0.289
202512 0.294 113.000 0.293
202603 0.299 112.700 0.299

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €0.88 mean?
Toyo Securities Co (FRA:G46) has a Cyclically Adjusted Revenue per Share of €0.88 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toyo Securities Co and its competitors.
Is Toyo Securities Co's Cyclically Adjusted Revenue per Share too high?
Toyo Securities Co's current Cyclically Adjusted Revenue per Share is €0.88. Overall, Toyo Securities Co has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Securities Co's Cyclically Adjusted Revenue per Share compare to MS and GS?
Toyo Securities Co's Cyclically Adjusted Revenue per Share of €0.88 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toyo Securities Co and its competitors. Toyo Securities Co's current Cyclically Adjusted Revenue per Share is €0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Securities Co stock overvalued right now?
Toyo Securities Co (FRA:G46) has a current Cyclically Adjusted Revenue per Share of €0.88. The stock's GF Value™ is €3.60, compared to a current price of €3.65 — trading 1.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.88. Toyo Securities Co's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Toyo Securities Co (FRA:G46), the current Cyclically Adjusted Revenue per Share is €0.88 as of Mar. 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 Securities Co (FRA:G46) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Securities Co stock appears to be overvalued. The current stock price of €3.65 is trading 1.5% above its estimated GF Value™ of €3.60.

Key valuation signals for FRA:G46:

  • Cyclically Adjusted Revenue per Share: €0.88
  • GF Value™: €3.60 vs. price of €3.65 (1.5% above fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the FRA:G46 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Securities Co Business Description

Other Exchanges 8614:Japan
Address 7-1 Hacchobori 4-Chome, Chuo-Ku, Tokyo, JPN, 104-8678
Toyo Securities Co Ltd is a Japan-based company engaged in the securities business. The company provides the variety of financial services such as dealing, brokerage, underwriting, public offering and distribution of securities. In addition, it also offers asset management, advice and consultancy services, insurance products, as well as provision of internet and phone trading services.
66GF Score

Get the complete analysis for FRA:G46

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

€3.65
Price
€3.60
GF Value