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Toyo Kanetsu KK (TSE:6369) PS Ratio : 0.56 (As of May. 25, 2024)


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What is Toyo Kanetsu KK PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Toyo Kanetsu KK's share price is 円3905.00. Toyo Kanetsu KK's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円6,916.75. Hence, Toyo Kanetsu KK's PS Ratio for today is 0.56.

Good Sign:

Toyo Kanetsu KK stock PS Ratio (=0.6) is close to 1-year low of 0.54

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

TSE:6369' s PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.54   Max: 1
Current: 0.57

During the past 13 years, Toyo Kanetsu KK's highest PS Ratio was 1.00. The lowest was 0.30. And the median was 0.54.

TSE:6369's PS Ratio is ranked better than
83.65% of 2978 companies
in the Industrial Products industry
Industry Median: 1.695 vs TSE:6369: 0.57

Toyo Kanetsu KK's Revenue per Sharefor the three months ended in Dec. 2023 was 円1,792.25. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was 円6,916.75.

Good Sign:

Toyo Kanetsu KK has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Toyo Kanetsu KK was 18.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.50% per year.

During the past 13 years, Toyo Kanetsu KK's highest 3-Year average Revenue per Share Growth Rate was 13.30% per year. The lowest was -2.90% per year. And the median was 4.00% per year.

Back to Basics: PS Ratio


Toyo Kanetsu KK PS Ratio Historical Data

The historical data trend for Toyo Kanetsu KK's 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 Kanetsu KK PS Ratio Chart

Toyo Kanetsu KK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.52 0.34 0.45 0.66

Toyo Kanetsu KK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.59 0.55 0.60 -

Competitive Comparison of Toyo Kanetsu KK's PS Ratio

For the Specialty Industrial Machinery subindustry, Toyo Kanetsu KK's PS Ratio, along with its competitors' market caps and 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 Kanetsu KK's PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Toyo Kanetsu KK's PS Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Kanetsu KK's PS Ratio falls into.



Toyo Kanetsu KK PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Toyo Kanetsu KK's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=3905.00/6916.75
=0.56

Toyo Kanetsu KK's Share Price of today is 円3905.00.
Toyo Kanetsu KK's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円6,916.75.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Toyo Kanetsu KK  (TSE:6369) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Toyo Kanetsu KK PS Ratio Related Terms

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Toyo Kanetsu KK (TSE:6369) Business Description

Traded in Other Exchanges
N/A
Address
11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666
Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.

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