TOIN (TSE:7923) PS Ratio: 0.40 (As of Jul. 18, 2026) — 74% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:7923 TOIN Corp TSE:7923
50 GF Score
Price 円1,178.00
GF Value 円719.30
! 8 Warning Signs
View Full Analysis

What is TOIN PS Ratio?

TOIN TSE:7923 -0.51% 50 PS Ratio is 0.40 as of Jul. 18, 2026, which is 74% above its 10-year median of 0.23. GuruFocus rates TSE:7923 with a GF Score™ of 50/100 and a GF Value™ of 円719.30. The stock has 8 warning signs investors should review.

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, TOIN's share price is 円1178.00. TOIN's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was 円2,937.52. Hence, TOIN's PS Ratio for today is 0.40.

Warning Sign:

TOIN Corp stock PS Ratio (=0.41) is close to 10-year high of 0.41.

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

TSE:7923' s PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.23   Max: 0.41
Current: 0.4

During the past 13 years, TOIN's highest PS Ratio was 0.41. The lowest was 0.14. And the median was 0.23.

TSE:7923's PS Ratio is not ranked
in the Packaging & Containers industry.
Industry Median: 0.77 vs TSE:7923: 0.40

TOIN's Revenue per Sharefor the six months ended in Sep. 2025 was 円1,484.58. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was 円2,937.52.

Good Sign:

TOIN Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of TOIN was 5.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.90% per year.

During the past 13 years, TOIN's highest 3-Year average Revenue per Share Growth Rate was 8.20% per year. The lowest was -3.70% per year. And the median was 3.20% per year.

Back to Basics: PS Ratio


TOIN  (TSE:7923) 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.


TOIN PS Ratio Related Terms


TOIN PS Ratio Historical Data

* Premium members only.

The historical data trend for TOIN'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.

TOIN PS Ratio Chart

TOIN Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.20 0.23 0.23

TOIN Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.20 0.23 0.50 0.23 0.00

TSE:7923 vs SW, PKG, IP: PS Ratio Comparison

For the Packaging & Containers subindustry, TOIN'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.


TOIN PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's PS Ratio distribution charts can be found below:

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


TSE:7923
50GF Score
TOIN Corp TSE:7923
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOIN 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.

TOIN's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1178.00/2937.52
=0.40

TOIN's Share Price of today is 円1178.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TOIN's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 was 円2,937.52.

* 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 0.40 mean?
TOIN (TSE:7923) has a PS Ratio of 0.40 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on TOIN and its competitors. This is 74% above median its historical median of 0.23. Over the past decade, TOIN's PS Ratio has ranged from 0.14 to 0.41.
Is TOIN's PS Ratio too high?
TOIN's current PS Ratio of 0.40 is 74% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.41. The Packaging & Containers industry median PS Ratio is 0.77. TOIN's value of 0.40 is 48.1% below this industry median. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does TOIN's PS Ratio compare to SW and PKG?
TOIN's PS Ratio of 0.40 can be compared against companies in the Packaging & Containers industry. The industry median PS Ratio is 0.77. TOIN's value of 0.40 is 48.1% below this benchmark. Historically, TOIN's own PS Ratio has ranged from 0.14 to 0.41 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.77, TOIN 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 Packaging & Containers company?
The median PS Ratio among Packaging & Containers companies is 0.77, based on 394 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. TOIN's current PS Ratio of 0.40 is 48.1% 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 TOIN and its competitors. For the Packaging & Containers industry, the median PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOIN's current PS Ratio is 0.40, which is 74% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOIN stock overvalued right now?
TOIN (TSE:7923) has a current PS Ratio of 0.40. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current PS Ratio is 0.40, which is 74% above median its 10-year median of 0.23 and 48.1% below the Packaging & Containers industry median of 0.77. TOIN's overall GF Score™ is 50/100 with 8 warning signs 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 TOIN (TSE:7923), the current PS Ratio is 0.40 as of Jul. 18, 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 TOIN (TSE:7923) Overvalued in 2026?

Based on GuruFocus' analysis, TOIN stock appears to be overvalued. The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.

Key valuation signals for TSE:7923:

  • PS Ratio: 0.40 (74% above median its 10-year median of 0.23)
  • GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 48.1% below the Packaging & Containers median

No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOIN Business Description

Address 1-4-2 Kameido, Koto-ku, Tokyo, JPN
TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.
50GF Score

Get the complete analysis for TSE:7923

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

円1,178.00
Price
円719.30
GF Value