Toa (Electric Appliances) (TSE:6809) Cyclically Adjusted Revenue per Share: 円1,548.78 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6809 Toa Corporation (Electric Appliances) TSE:6809
79 GF Score
Price 円1,612.00
GF Value 円1,284.14
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Toa (Electric Appliances) Cyclically Adjusted Revenue per Share?

Toa (Electric Appliances) TSE:6809 -0.43% 79 Cyclically Adjusted Revenue per Share is 円1,548.78 as of Mar. 2026. GuruFocus rates TSE:6809 with a GF Score™ of 79/100 and a GF Value™ of 円1,284.14 (Modestly Overvalued). The stock has 1 warning sign 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.

Toa (Electric Appliances)'s adjusted revenue per share for the three months ended in Mar. 2026 was 円535.334. 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 円1,548.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Toa (Electric Appliances)'s average Cyclically Adjusted Revenue Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.00% 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 Toa (Electric Appliances) was 4.50% per year. The lowest was 2.40% per year. And the median was 3.10% per year.

As of today (2026-07-26), Toa (Electric Appliances)'s current stock price is 円1612.00. Toa (Electric Appliances)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,548.78. Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Toa (Electric Appliances) was 1.23. The lowest was 0.50. And the median was 0.71.


Toa (Electric Appliances)  (TSE:6809) 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.

Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1612.00/1548.78
=1.04

* 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 Toa (Electric Appliances) was 1.23. The lowest was 0.50. And the median was 0.71.


Be Aware

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


Toa (Electric Appliances) Cyclically Adjusted Revenue per Share Related Terms


Toa (Electric Appliances) Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Toa (Electric Appliances)'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.

Toa (Electric Appliances) Cyclically Adjusted Revenue per Share Chart

Toa (Electric Appliances) 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 1,314.90 1,377.40 1,427.94 1,499.44 1,548.78

Toa (Electric Appliances) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,499.44 1,515.26 1,521.92 1,545.97 1,548.78

TSE:6809 vs ALLE, MSA, ADT: Cyclically Adjusted Revenue per Share Comparison

For the Security & Protection Services subindustry, Toa (Electric Appliances)'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.


Toa (Electric Appliances) Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Toa (Electric Appliances)'s Cyclically Adjusted PS Ratio falls into.


TSE:6809
79GF Score
Toa Corporation (Electric Appliances) TSE:6809
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toa (Electric Appliances) 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, Toa (Electric Appliances)'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)
=535.334/112.7000*112.7000
=535.334

Current CPI (Mar. 2026) = 112.7000.

Toa (Electric Appliances) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 240.439 98.100 276.223
201609 333.402 98.000 383.412
201612 292.207 98.400 334.672
201703 389.127 98.100 447.040
201706 240.233 98.500 274.866
201709 329.150 98.800 375.458
201712 316.127 99.400 358.426
201803 419.172 99.200 476.217
201806 259.524 99.200 294.842
201809 334.446 99.900 377.298
201812 363.505 99.700 410.903
201903 410.962 99.700 464.548
201906 268.147 99.800 302.807
201909 344.974 100.100 388.397
201912 308.825 100.500 346.314
202003 408.471 100.300 458.970
202006 255.234 99.900 287.937
202009 283.201 99.900 319.487
202012 320.069 99.300 363.261
202103 384.386 99.900 433.637
202106 254.467 99.500 288.225
202109 327.678 100.100 368.924
202112 313.386 100.100 352.833
202203 359.790 101.100 401.072
202206 279.113 101.800 308.998
202209 344.697 103.100 376.793
202212 348.161 104.100 376.924
202303 421.790 104.400 455.323
202306 312.193 105.200 334.450
202309 368.187 106.200 390.722
202312 388.354 106.800 409.808
202403 463.633 107.200 487.420
202406 367.596 108.200 382.884
202409 392.203 108.900 405.889
202412 436.119 110.700 443.998
202503 490.803 111.100 497.871
202506 380.083 111.700 383.486
202509 427.940 112.000 430.615
202512 482.788 113.000 481.506
202603 535.334 112.700 535.334

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 円1,548.78 mean?
Toa (Electric Appliances) (TSE:6809) has a Cyclically Adjusted Revenue per Share of 円1,548.78 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 Toa (Electric Appliances) and its competitors.
Is Toa (Electric Appliances)'s Cyclically Adjusted Revenue per Share too high?
Toa (Electric Appliances)'s current Cyclically Adjusted Revenue per Share is 円1,548.78. Overall, Toa (Electric Appliances) has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Cyclically Adjusted Revenue per Share compare to ALLE and MSA?
Toa (Electric Appliances)'s Cyclically Adjusted Revenue per Share of 円1,548.78 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services 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 Toa (Electric Appliances) and its competitors. Toa (Electric Appliances)'s current Cyclically Adjusted Revenue per Share is 円1,548.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Based on GuruFocus' analysis, Toa (Electric Appliances) (TSE:6809) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,284.14, compared to a current price of 円1,612.00 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is 円1,548.78. Toa (Electric Appliances)'s overall GF Score™ is 79/100 with 1 warning sign 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 Toa (Electric Appliances) (TSE:6809), the current Cyclically Adjusted Revenue per Share is 円1,548.78 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 Toa (Electric Appliances) (TSE:6809) Overvalued in 2026?

Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued. The current stock price of 円1,612.00 is trading 25.5% above its estimated GF Value™ of 円1,284.14. GuruFocus considers Toa (Electric Appliances) to be Modestly Overvalued.

Key valuation signals for TSE:6809:

  • Cyclically Adjusted Revenue per Share: 円1,548.78
  • GF Value™: 円1,284.14 vs. price of 円1,612.00 (25.5% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the TSE:6809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toa (Electric Appliances) Business Description

Address No. 2-1, Minato Nakamachi 7-chome, Chuo-ku, Hyog, Kobe, JPN, 650-0046
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
79GF Score

Get the complete analysis for TSE:6809

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

円1,612.00
Price
円1,284.14
GF Value