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Toyo Tire (TSE:5105) Cyclically Adjusted PS Ratio : 0.86 (As of May. 28, 2024)


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What is Toyo Tire Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Toyo Tire's current share price is 円2749.00. Toyo Tire's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円3,179.99. Toyo Tire's Cyclically Adjusted PS Ratio for today is 0.86.

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

TSE:5105' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.58   Max: 0.93
Current: 0.86

During the past years, Toyo Tire's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.33. And the median was 0.58.

TSE:5105's Cyclically Adjusted PS Ratio is ranked worse than
56.2% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs TSE:5105: 0.86

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.

Toyo Tire's adjusted revenue per share data for the three months ended in Mar. 2024 was 円828.464. 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3,179.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyo Tire Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toyo Tire'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.

Toyo Tire Cyclically Adjusted PS Ratio Chart

Toyo Tire 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 0.52 0.53 0.60 0.49 0.74

Toyo Tire 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 0.50 0.61 0.73 0.74 0.89

Competitive Comparison of Toyo Tire's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Toyo Tire'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.


Toyo Tire's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Toyo Tire 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.

Toyo Tire's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2749.00/3179.99
=0.86

* 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.

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

For example, Toyo Tire'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)
=828.464/107.2000*107.2000
=828.464

Current CPI (Mar. 2024) = 107.2000.

Toyo Tire Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 718.987 98.000 786.484
201409 786.999 98.500 856.511
201412 838.632 97.900 918.298
201503 754.978 97.900 826.697
201506 775.728 98.400 845.102
201509 838.987 98.500 913.090
201512 841.219 98.100 919.253
201603 750.640 97.900 821.947
201606 717.413 98.100 783.962
201609 728.319 98.000 796.692
201612 808.688 98.400 881.010
201703 772.292 98.100 843.932
201706 739.884 98.500 805.234
201709 812.633 98.800 881.723
201712 864.268 99.400 932.088
201803 738.159 99.200 797.688
201806 724.426 99.200 782.847
201809 782.012 99.900 839.156
201812 851.802 99.700 915.879
201903 621.907 99.700 668.690
201906 574.407 99.800 616.998
201909 643.746 100.100 689.406
201912 648.448 100.500 691.678
202003 533.348 100.300 570.039
202006 444.938 99.900 477.451
202009 625.192 99.900 670.877
202012 629.757 99.300 679.859
202103 570.018 99.900 611.671
202106 640.821 99.500 690.412
202109 626.326 100.100 670.751
202112 720.019 100.100 771.089
202203 661.130 101.100 701.020
202206 791.756 101.800 833.755
202209 823.393 103.100 856.137
202212 953.434 104.100 981.826
202303 838.963 104.400 861.464
202306 885.218 105.200 902.047
202309 933.733 106.200 942.525
202312 932.687 106.800 936.180
202403 828.464 107.200 828.464

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.


Toyo Tire  (TSE:5105) 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.


Toyo Tire Cyclically Adjusted PS Ratio Related Terms

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


Toyo Tire (TSE:5105) Business Description

Traded in Other Exchanges
Address
2-2-13 Fujinoki, Hyogo, Itami, JPN, 664-0847
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.

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