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The Toro Co (The Toro Co) Cyclically Adjusted PS Ratio : 2.55 (As of Apr. 27, 2024)


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What is The Toro Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), The Toro Co's current share price is $87.50. The Toro Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $34.34. The Toro Co's Cyclically Adjusted PS Ratio for today is 2.55.

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

TTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.74   Med: 3.13   Max: 4.9
Current: 2.55

During the past years, The Toro Co's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.74. And the median was 3.13.

TTC's Cyclically Adjusted PS Ratio is ranked worse than
70.07% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs TTC: 2.55

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.

The Toro Co's adjusted revenue per share data for the three months ended in Jan. 2024 was $9.569. 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 $34.34 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Toro Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Toro 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.

The Toro Co Cyclically Adjusted PS Ratio Chart

The Toro Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.54 3.60 3.41 2.38

The Toro Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.53 3.20 3.06 2.38 2.69

Competitive Comparison of The Toro Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, The Toro 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.


The Toro Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Toro Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Toro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.50/34.34
=2.55

* 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.

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

For example, The Toro Co's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.569/129.4194*129.4194
=9.569

Current CPI (Jan. 2024) = 129.4194.

The Toro Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 6.448 100.023 8.343
201407 4.951 100.520 6.374
201410 3.626 100.176 4.685
201501 4.142 98.604 5.436
201504 7.238 99.824 9.384
201507 5.390 100.691 6.928
201510 4.280 100.346 5.520
201601 4.330 99.957 5.606
201604 7.470 100.947 9.577
201607 5.361 101.524 6.834
201610 4.201 101.988 5.331
201701 4.657 102.456 5.883
201704 7.853 103.167 9.851
201707 5.634 103.278 7.060
201710 4.417 104.070 5.493
201801 4.991 104.578 6.177
201804 8.042 105.708 9.846
201807 6.068 106.324 7.386
201810 5.001 106.695 6.066
201901 5.594 106.200 6.817
201904 8.907 107.818 10.691
201907 7.748 108.250 9.263
201910 6.782 108.577 8.084
202001 7.063 108.841 8.398
202004 8.566 108.173 10.248
202007 7.748 109.318 9.173
202010 7.719 109.861 9.093
202101 7.995 110.364 9.375
202104 10.552 112.673 12.120
202107 9.014 115.183 10.128
202110 8.933 116.696 9.907
202201 8.795 118.619 9.596
202204 11.816 121.978 12.537
202207 11.006 125.002 11.395
202210 11.147 125.734 11.474
202301 10.879 126.223 11.154
202304 12.686 127.992 12.827
202307 10.373 128.974 10.409
202310 9.367 129.810 9.339
202401 9.569 129.419 9.569

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.


The Toro Co  (NYSE:TTC) 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.


The Toro Co Cyclically Adjusted PS Ratio Related Terms

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


The Toro Co (The Toro Co) Business Description

Traded in Other Exchanges
Address
8111 Lyndale Avenue South, Bloomington, MN, USA, 55420-1196
The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to predominantly professional users maintaining turfs and sports fields such as golf courses. Its operating segments are Professional which generates a substantial part of its revenue, and Residential segment. The company also produces snow plowers and ice management products. Its key revenue generating market is the United States.
Executives
Gregory S Janey officer: VP, RLC 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Janet Katherine Cooper director 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kurt D Svendsen officer: VP, Information Services 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Kevin N Carpenter officer: VP, Global Ops & Supply Chain 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Edric C Funk officer: Group VP, Golf, Grounds & Irr 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jason P Baab officer: VP, Strategy, Corp Dev & Sust 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Daryn A Walters officer: VP, Exmark 8111 LYNDALE AVE S, BLOOMINGTON MN 55420
Joanna M. Totsky officer: VP, GC & Corp Secretary 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Richard W Rodier officer: Section 16 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Gary Lee Ellis director THE TORO COMPANY, 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Jody M Christy officer: Vice President, BOSS 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Renee J Peterson officer: VP, Finance & CFO 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Blake M Grams officer: mging dir., corp. controller 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Richard M Olson officer: VP, Exmark 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Amy E Dahl officer: VP, Human Resources 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420