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Toho Holdings Co (TSE:8129) Cyclically Adjusted PS Ratio : 0.21 (As of May. 17, 2024)


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What is Toho Holdings Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Toho Holdings Co's current share price is 円3818.00. Toho Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円17,802.20. Toho Holdings Co's Cyclically Adjusted PS Ratio for today is 0.21.

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

TSE:8129' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.15   Max: 0.23
Current: 0.21

During the past years, Toho Holdings Co's highest Cyclically Adjusted PS Ratio was 0.23. The lowest was 0.10. And the median was 0.15.

TSE:8129's Cyclically Adjusted PS Ratio is ranked better than
68.66% of 67 companies
in the Medical Distribution industry
Industry Median: 0.39 vs TSE:8129: 0.21

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.

Toho Holdings Co's adjusted revenue per share data for the three months ended in Dec. 2023 was 円5,336.057. 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17,802.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toho Holdings Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toho Holdings 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.

Toho Holdings Co Cyclically Adjusted PS Ratio Chart

Toho Holdings Co 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 0.14 0.13 0.11 0.14 -

Toho Holdings 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 0.14 0.15 0.18 0.18 -

Competitive Comparison of Toho Holdings Co's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Toho Holdings 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.


Toho Holdings Co's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Toho Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toho Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3818.00/17802.2
=0.21

* 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.

Toho Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Toho Holdings Co's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5336.057/106.8000*106.8000
=5,336.057

Current CPI (Dec. 2023) = 106.8000.

Toho Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3,856.004 95.700 4,303.252
201406 3,732.995 98.000 4,068.203
201409 3,706.258 98.500 4,018.562
201412 4,205.981 97.900 4,588.343
201503 3,623.633 97.900 3,953.054
201506 3,886.177 98.400 4,217.924
201509 4,061.177 98.500 4,403.388
201512 4,875.495 98.100 5,307.878
201603 4,483.866 97.900 4,891.490
201606 4,165.392 98.100 4,534.800
201609 3,993.495 98.000 4,352.095
201612 4,276.987 98.400 4,642.096
201703 3,854.921 98.100 4,196.795
201706 3,956.205 98.500 4,289.570
201709 3,934.579 98.800 4,253.168
201712 4,341.787 99.400 4,665.019
201803 3,845.017 99.200 4,139.595
201806 3,983.779 99.200 4,288.988
201809 3,671.889 99.900 3,925.503
201812 4,257.480 99.700 4,560.671
201903 3,766.511 99.700 4,034.738
201906 4,010.703 99.800 4,292.015
201909 4,116.718 100.100 4,392.263
201912 4,287.133 100.500 4,555.879
202003 3,822.448 100.300 4,070.164
202006 3,894.233 99.900 4,163.204
202009 3,860.359 99.900 4,126.990
202012 4,192.541 99.300 4,509.198
202103 3,815.485 99.900 4,079.017
202106 4,025.496 99.500 4,320.834
202109 4,063.885 100.100 4,335.893
202112 4,296.668 100.100 4,584.257
202203 4,126.693 101.100 4,359.355
202206 4,226.023 101.800 4,433.588
202209 4,653.080 103.100 4,820.067
202212 5,043.761 104.100 5,174.579
202303 4,486.784 104.400 4,589.928
202306 4,850.807 105.200 4,924.584
202309 5,289.478 106.200 5,319.362
202312 5,336.057 106.800 5,336.057

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.


Toho Holdings Co  (TSE:8129) 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.


Toho Holdings Co Cyclically Adjusted PS Ratio Related Terms

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


Toho Holdings Co (TSE:8129) Business Description

Traded in Other Exchanges
N/A
Address
5-2-1, Daizawa, Setagaya-ku, Tokyo, JPN, 155-8655
Toho Holdings Co., Ltd. is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. Toho also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. Toho generates additional revenue through software sales to medical institutions.

Toho Holdings Co (TSE:8129) Headlines

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