Token (TSE:1766) PS Ratio: 0.45 (As of Jul. 25, 2026) — 18% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:1766 Token Corp TSE:1766
76 GF Score
Price 円13,050.00
GF Value 円13,697.65
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Token PS Ratio?

Token TSE:1766 +0.15% 76 PS Ratio is 0.45 as of Jul. 25, 2026, which is 18% above its 10-year median of 0.38. GuruFocus rates TSE:1766 with a GF Score™ of 76/100 and a GF Value™ of 円13,697.65 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,741 Real Estate companies, Token ranks better than 85.24% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Token's share price is 円13050.00. Token's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円28,984.54. Hence, Token's PS Ratio for today is 0.45.

The historical rank and industry rank for Token's PS Ratio or its related term are showing as below:

TSE:1766' s PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.38   Max: 0.66
Current: 0.45

During the past 13 years, Token's highest PS Ratio was 0.66. The lowest was 0.25. And the median was 0.38.

TSE:1766's PS Ratio is ranked better than
85.24% of 1741 companies
in the Real Estate industry
Industry Median: 2.36 vs TSE:1766: 0.45

Token's Revenue per Sharefor the three months ended in Apr. 2026 was 円7,951.81. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円28,984.54.

During the past 12 months, the average Revenue per Share Growth Rate of Token was 8.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.20% per year.

During the past 13 years, Token's highest 3-Year average Revenue per Share Growth Rate was 30.40% per year. The lowest was -2.90% per year. And the median was 5.60% per year.

Back to Basics: PS Ratio


Token  (TSE:1766) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Token PS Ratio Related Terms


Token PS Ratio Historical Data

* Premium members only.

The historical data trend for Token's 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.

Token PS Ratio Chart

Token Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.33 0.43 0.49 0.43

Token Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.49 0.51 0.51 0.53 0.43

TSE:1766 vs CBRE, BEKE, JLL: PS Ratio Comparison

For the Real Estate Services subindustry, Token's PS Ratio, along with its competitors' market caps and 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.


Token PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Token's PS Ratio distribution charts can be found below:

* The bar in red indicates where Token's PS Ratio falls into.


TSE:1766
76GF Score
Token Corp TSE:1766
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Token PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Token's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=13050.00/28984.541
=0.45

Token's Share Price of today is 円13050.00.
Token's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円28,984.54.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.45 mean?
Token (TSE:1766) has a PS Ratio of 0.45 as of Jul. 25, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Token and its competitors. This is 18% above median its historical median of 0.38. Over the past decade, Token's PS Ratio has ranged from 0.25 to 0.66. According to the industry distribution chart, Token ranks #257 out of 1741 companies in the Real Estate industry, placing it in the top 14.8%.
Is Token's PS Ratio too high?
Token's current PS Ratio of 0.45 is 18% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.66. The Real Estate industry median PS Ratio is 2.36. Token's value of 0.45 is 80.9% below this industry median. Based on the distribution chart, Token ranks #257 out of 1741 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Token has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Token's PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Token ranks #257 out of 1741 companies for PS Ratio. This places Token in the top 15% of its industry — outperforming the majority of peers. The industry median PS Ratio is 2.36. Token's value of 0.45 is 80.9% below this benchmark. Historically, Token's own PS Ratio has ranged from 0.25 to 0.66 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 2.36, Token has consistently been below 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 PS Ratio for a Real Estate company?
The median PS Ratio among Real Estate companies is 2.36, based on 1,741 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Token's current PS Ratio of 0.45 is 80.9% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Token and its competitors. For the Real Estate industry, the median PS Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Token's current PS Ratio is 0.45, which is 18% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Token stock overvalued right now?
Based on GuruFocus' analysis, Token (TSE:1766) is currently considered Fairly Valued. The stock's GF Value™ is 円13,697.65, compared to a current price of 円13,050.00 — trading 4.7% below its estimated fair value. The current PS Ratio is 0.45, which is 18% above median its 10-year median of 0.38 and 80.9% below the Real Estate industry median of 2.36. Token's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Token (TSE:1766), the current PS Ratio is 0.45 as of Jul. 25, 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 Token (TSE:1766) Overvalued in 2026?

Based on GuruFocus' analysis, Token stock appears to be undervalued. The current stock price of 円13,050.00 is trading 4.7% below its estimated GF Value™ of 円13,697.65. GuruFocus considers Token to be Fairly Valued.

Key valuation signals for TSE:1766:

  • PS Ratio: 0.45 (18% above median its 10-year median of 0.38)
  • GF Value™: 円13,697.65 vs. price of 円13,050.00 (4.7% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 80.9% below the Real Estate median (#257 of 1741)

No single metric tells the full story. See the TSE:1766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Token Business Description

Address Marunouchi Building, 2-1-33 Marunouchi, Naka-ku, Nagoya, JPN, 460-0002
Token Corp is a real estate company focused on construction and leasing of commercial and residential buildings. The company organises itself into three segments: construction, real estate leasing, and other. The construction segment, which generates approximately half of the company's revenue, constructs residential and commercial buildings. The real estate segment, which generates almost half of the company's revenue, leases real estate assets. The company is headquartered in Japan, and derives the majority of revenue domestically.
76GF Score

Get the complete analysis for TSE:1766

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

円13,050.00
Price
円13,697.65
GF Value