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Toyota Motor (TSE:7203) Cyclically Adjusted PS Ratio : 1.45 (As of May. 17, 2024)


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What is Toyota Motor Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Toyota Motor's current share price is 円3352.00. Toyota Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円2,305.92. Toyota Motor's Cyclically Adjusted PS Ratio for today is 1.45.

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

TSE:7203' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.92   Max: 1.71
Current: 1.45

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.

TSE:7203's Cyclically Adjusted PS Ratio is ranked worse than
70.37% of 999 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSE:7203: 1.45

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 円821.442. 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2,305.92 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
=3352.00/2305.92
=1.45

* 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)
=821.442/107.2000*107.2000
=821.442

Current CPI (Mar. 2024) = 107.2000.

Toyota Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 403.045 98.000 440.882
201409 414.748 98.500 451.381
201412 453.538 97.900 496.622
201503 452.265 97.900 495.228
201506 443.883 98.400 483.580
201509 447.130 98.500 486.623
201512 466.464 98.100 509.734
201603 448.820 97.900 491.456
201606 427.234 98.100 466.865
201609 423.218 98.000 462.949
201612 464.604 98.400 506.154
201703 491.804 98.100 537.425
201706 466.376 98.500 507.569
201709 476.582 98.800 517.101
201712 508.729 99.400 548.649
201803 510.774 99.200 551.965
201806 498.084 99.200 538.252
201809 500.360 99.900 536.923
201812 533.428 99.700 573.555
201903 505.808 99.700 543.858
201906 536.368 99.800 576.139
201909 535.491 100.100 573.473
201912 537.250 100.500 573.067
202003 489.126 100.300 522.775
202006 329.420 99.900 353.492
202009 476.562 99.900 511.386
202012 573.735 99.300 619.380
202103 541.418 99.900 580.981
202106 567.624 99.500 611.551
202109 542.016 100.100 580.461
202112 562.329 100.100 602.214
202203 587.694 101.100 623.153
202206 618.320 101.800 651.119
202209 673.476 103.100 700.258
202212 715.579 104.100 736.888
202303 713.444 104.400 732.579
202306 778.039 105.200 792.831
202309 845.606 106.200 853.568
202312 892.299 106.800 895.641
202403 821.442 107.200 821.442

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  (TSE:7203) 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 (TSE:7203) 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.

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