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Toagosei Co (TSE:4045) Cyclically Adjusted PS Ratio : 1.25 (As of Jun. 01, 2024)


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What is Toagosei Co Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Toagosei Co's current share price is 円1540.00. Toagosei Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,229.33. Toagosei Co's Cyclically Adjusted PS Ratio for today is 1.25.

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

TSE:4045' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.05   Max: 1.35
Current: 1.25

During the past years, Toagosei Co's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.69. And the median was 1.05.

TSE:4045's Cyclically Adjusted PS Ratio is ranked worse than
50.91% of 1214 companies
in the Chemicals industry
Industry Median: 1.21 vs TSE:4045: 1.25

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.

Toagosei Co's adjusted revenue per share data for the three months ended in Mar. 2024 was 円338.934. 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 円1,229.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toagosei Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toagosei Co'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.

Toagosei Co Cyclically Adjusted PS Ratio Chart

Toagosei Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.07 1.02 0.94 1.12

Toagosei Co 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 1.03 1.07 1.11 1.12 1.30

Competitive Comparison of Toagosei Co's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Toagosei 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.


Toagosei Co's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toagosei Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toagosei Co 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.

Toagosei Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1540.00/1229.33
=1.25

* 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.

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

For example, Toagosei Co'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)
=338.934/107.2000*107.2000
=338.934

Current CPI (Mar. 2024) = 107.2000.

Toagosei Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 284.798 98.000 311.534
201409 273.458 98.500 297.611
201412 288.026 97.900 315.387
201503 266.063 97.900 291.338
201506 267.557 98.400 291.485
201509 264.641 98.500 288.015
201512 263.786 98.100 288.255
201603 252.670 97.900 276.672
201606 255.273 98.100 278.953
201609 250.784 98.000 274.327
201612 269.629 98.400 293.742
201703 267.377 98.100 292.180
201706 270.011 98.500 293.860
201709 272.229 98.800 295.374
201712 289.647 99.400 312.376
201803 277.656 99.200 300.048
201806 278.034 99.200 300.456
201809 276.447 99.900 296.648
201812 307.896 99.700 331.058
201903 267.783 99.700 287.927
201906 279.384 99.800 300.100
201909 275.508 100.100 295.050
201912 278.575 100.500 297.147
202003 260.219 100.300 278.120
202006 240.337 99.900 257.899
202009 243.671 99.900 261.477
202012 278.951 99.300 301.143
202103 280.657 99.900 301.165
202106 298.086 99.500 321.154
202109 307.651 100.100 329.472
202112 341.660 100.100 365.894
202203 302.409 101.100 320.655
202206 323.847 101.800 341.026
202209 331.643 103.100 344.832
202212 346.705 104.100 357.030
202303 317.739 104.400 326.261
202306 325.327 105.200 331.512
202309 332.505 106.200 335.636
202312 370.146 106.800 371.532
202403 338.934 107.200 338.934

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.


Toagosei Co  (TSE:4045) 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.


Toagosei Co Cyclically Adjusted PS Ratio Related Terms

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


Toagosei Co (TSE:4045) Business Description

Industry
Traded in Other Exchanges
Address
1-14-1 Nishi Shinbashi, Minatoku, Tokyo, JPN, 105-8419
Toagosei Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into four segments based on product type. The acrylic products segment, which generates more revenue than any other segment, sells acrylate esters, acrylic polymers, and UV-curable resins, which are used in paints, textiles and cosmetics, and electronics. The commodity chemicals segment sells caustic soda, sulfuric acid, and sodium hypochlorite, which are used to make paper, fertilizers, and water treatment products. The specialty chemicals segment sells adhesives, electronic materials, and construction materials. The plastics segment sells piping equipment and nursing care products. The majority of revenue comes from Japan.

Toagosei Co (TSE:4045) Headlines

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