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Toyota Industries (Toyota Industries) Cyclically Adjusted PS Ratio : 1.76 (As of May. 20, 2024)


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What is Toyota Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Toyota Industries's current share price is $98.51. Toyota Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $55.94. Toyota Industries's Cyclically Adjusted PS Ratio for today is 1.76.

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

TYIDF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.15   Max: 2.02
Current: 1.85

During the past years, Toyota Industries's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.76. And the median was 1.15.

TYIDF's Cyclically Adjusted PS Ratio is ranked worse than
73.1% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs TYIDF: 1.85

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 Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $22.149. 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 $55.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Toyota Industries'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 Industries Cyclically Adjusted PS Ratio Chart

Toyota Industries 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 0.85 1.57 1.26 0.99 -

Toyota Industries 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 0.99 1.34 1.50 1.43 -

Competitive Comparison of Toyota Industries's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Toyota Industries'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 Industries's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Toyota Industries 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 Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.51/55.94
=1.76

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

For example, Toyota Industries'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)
=22.149/106.8000*106.8000
=22.149

Current CPI (Dec. 2023) = 106.8000.

Toyota Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 16.420 95.700 18.325
201406 16.257 98.000 17.717
201409 15.558 98.500 16.869
201412 14.331 97.900 15.634
201503 15.426 97.900 16.828
201506 13.990 98.400 15.184
201509 14.890 98.500 16.145
201512 15.662 98.100 17.051
201603 -0.217 97.900 -0.237
201606 12.130 98.100 13.206
201609 12.627 98.000 13.761
201612 11.792 98.400 12.799
201703 12.705 98.100 13.832
201706 12.933 98.500 14.023
201709 14.320 98.800 15.480
201712 15.021 99.400 16.139
201803 16.379 99.200 17.634
201806 15.279 99.200 16.450
201809 15.368 99.900 16.429
201812 16.443 99.700 17.614
201903 16.956 99.700 18.163
201906 16.428 99.800 17.580
201909 16.524 100.100 17.630
201912 15.396 100.500 16.361
202003 16.359 100.300 17.419
202006 12.899 99.900 13.790
202009 16.049 99.900 17.157
202012 17.582 99.300 18.910
202103 17.621 99.900 18.838
202106 18.046 99.500 19.370
202109 18.827 100.100 20.087
202112 20.007 100.100 21.346
202203 20.025 101.100 21.154
202206 18.264 101.800 19.161
202209 18.946 103.100 19.626
202212 20.652 104.100 21.188
202303 21.984 104.400 22.489
202306 20.266 105.200 20.574
202309 20.652 106.200 20.769
202312 22.149 106.800 22.149

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 Industries  (OTCPK:TYIDF) 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 Industries Cyclically Adjusted PS Ratio Related Terms

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


Toyota Industries (Toyota Industries) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (Toyota Industries) Headlines

From GuruFocus

Toyota Industries Leads in High-Tech Automotive and Forklifts

By Holmes Osborne, CFA Holmes Osborne, CFA 05-09-2017