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Toyota Motor (HAM:TOM) Cyclically Adjusted PS Ratio : 1.42 (As of May. 23, 2024)


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What is Toyota Motor Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Toyota Motor's current share price is €19.99. Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.03. Toyota Motor's Cyclically Adjusted PS Ratio for today is 1.42.

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

HAM:TOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.92   Max: 1.71
Current: 1.47

During the past years, Toyota Motor's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.68. And the median was 0.92.

HAM:TOM's Cyclically Adjusted PS Ratio is ranked worse than
70.43% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs HAM:TOM: 1.47

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.

Toyota Motor's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.044. 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 €14.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toyota Motor'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.

Toyota Motor Cyclically Adjusted PS Ratio Chart

Toyota Motor 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 0.75 0.96 1.16 0.90 1.65

Toyota Motor 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 0.90 1.08 1.21 1.15 1.65

Competitive Comparison of Toyota Motor's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Toyota Motor's Cyclically Adjusted PS Ratio falls into.



Toyota Motor 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.

Toyota Motor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.99/14.03
=1.42

* 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.

Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Toyota Motor's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.044/107.2000*107.2000
=5.044

Current CPI (Mar. 2024) = 107.2000.

Toyota Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.906 98.000 3.179
201409 2.996 98.500 3.261
201412 3.083 97.900 3.376
201503 3.471 97.900 3.801
201506 3.197 98.400 3.483
201509 3.316 98.500 3.609
201512 3.520 98.100 3.847
201603 3.569 97.900 3.908
201606 3.609 98.100 3.944
201609 3.705 98.000 4.053
201612 3.797 98.400 4.137
201703 4.072 98.100 4.450
201706 3.742 98.500 4.073
201709 3.610 98.800 3.917
201712 3.806 99.400 4.105
201803 3.906 99.200 4.221
201806 3.874 99.200 4.186
201809 3.825 99.900 4.105
201812 4.179 99.700 4.493
201903 4.028 99.700 4.331
201906 4.392 99.800 4.718
201909 4.521 100.100 4.842
201912 4.432 100.500 4.727
202003 4.111 100.300 4.394
202006 2.719 99.900 2.918
202009 3.832 99.900 4.112
202012 4.544 99.300 4.906
202103 4.184 99.900 4.490
202106 4.279 99.500 4.610
202109 4.182 100.100 4.479
202112 4.372 100.100 4.682
202203 4.500 101.100 4.772
202206 4.366 101.800 4.598
202209 4.747 103.100 4.936
202212 5.007 104.100 5.156
202303 4.985 104.400 5.119
202306 5.080 105.200 5.177
202309 5.359 106.200 5.409
202312 5.683 106.800 5.704
202403 5.044 107.200 5.044

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.


Toyota Motor  (HAM:TOM) 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.


Toyota Motor Cyclically Adjusted PS Ratio Related Terms

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


Toyota Motor (HAM:TOM) Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers with 10.56 million units sold at retail in fiscal 2023 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51% excluding mini-vehicles, while U.S. share is around 15%. The firm also owns 3.3% of Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2023 sales excluding financial services were JPY 34.4 trillion. Toyota also has a financing arm and manufactures homes and boats.

Toyota Motor (HAM:TOM) Headlines

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