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TOSE Co (TSE:4728) Cyclically Adjusted PS Ratio : 0.92 (As of May. 24, 2024)


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What is TOSE Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), TOSE Co's current share price is 円687.00. TOSE Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was 円745.81. TOSE Co's Cyclically Adjusted PS Ratio for today is 0.92.

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

TSE:4728' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.11   Max: 1.75
Current: 0.92

During the past years, TOSE Co's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.82. And the median was 1.11.

TSE:4728's Cyclically Adjusted PS Ratio is ranked better than
66% of 300 companies
in the Interactive Media industry
Industry Median: 1.54 vs TSE:4728: 0.92

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.

TOSE Co's adjusted revenue per share data for the three months ended in Feb. 2024 was 円142.021. 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745.81 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOSE Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TOSE 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.

TOSE Co Cyclically Adjusted PS Ratio Chart

TOSE Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.24 1.10 1.07 0.98

TOSE Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.99 0.99 0.98 0.95 0.95

Competitive Comparison of TOSE Co's Cyclically Adjusted PS Ratio

For the Electronic Gaming & Multimedia subindustry, TOSE 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.


TOSE Co's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TOSE Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TOSE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=687.00/745.81
=0.92

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=142.021/106.9000*106.9000
=142.021

Current CPI (Feb. 2024) = 106.9000.

TOSE Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 164.969 98.100 179.767
201408 196.566 98.300 213.763
201411 102.041 97.900 111.422
201502 123.130 97.600 134.863
201505 254.421 98.700 275.558
201508 264.728 98.400 287.596
201511 73.248 98.100 79.819
201602 223.098 97.800 243.857
201605 113.500 98.200 123.555
201608 241.854 97.900 264.088
201611 74.904 98.600 81.209
201702 158.247 98.100 172.442
201705 137.060 98.600 148.598
201708 254.933 98.500 276.673
201711 94.703 99.100 102.157
201802 154.523 99.500 166.015
201805 132.358 99.300 142.488
201808 214.401 99.800 229.654
201811 112.523 100.000 120.287
201902 123.726 99.700 132.661
201905 108.805 100.000 116.313
201908 361.131 100.000 386.049
201911 127.412 100.500 135.526
202002 160.530 100.300 171.093
202005 115.289 100.100 123.121
202008 340.241 100.100 363.354
202011 102.163 99.500 109.761
202102 140.340 99.800 150.324
202105 311.547 99.400 335.054
202108 231.860 99.700 248.604
202111 180.809 100.100 193.092
202202 167.255 100.700 177.553
202205 180.360 101.800 189.396
202208 218.635 102.700 227.576
202211 218.322 103.900 224.626
202302 182.388 104.000 187.474
202305 190.129 105.100 193.385
202308 172.097 105.900 173.722
202311 123.627 106.900 123.627
202402 142.021 106.900 142.021

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.


TOSE Co  (TSE:4728) 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.


TOSE Co Cyclically Adjusted PS Ratio Related Terms

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


TOSE Co (TSE:4728) Business Description

Traded in Other Exchanges
N/A
Address
Higasinotoindori Shijo Sagaru, Shimogyo-ku,, Kyoto, JPN, 600-8091
TOSE Co Ltd is engaged in the planning, development and operation of game software and mobile contents. It is well known for the development of Nintendo's Mr. Game and Watch Gallery series, as well as working on several other Nintendo products.

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