Toyota Motor Corporation Ratios | P/E, ROE & Valuation

On the Key Ratios page for Toyota Motor Corporation (TM), the latest P/E of 8.6 frames valuation, while ROE 11.67% and ROIC 3.34% indicates profitability and capital efficiency. Together with the current ratio of 1.17 and debt-to-equity 1.18, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

TM Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$42452.86$3624.74$3337.22$2720.26$2259.58$1947.18$2134.15$2105.11$1993.92$1836.50
Net Income per Share$3663.60$359.56$365.94$179.47$205.23$160.65$145.49$131.14$169.23$121.75
Operating Cash Flow per Share$3376.97$278.96$311.29$216.36$268.06$195.13$171.39$262.34$285.68$227.00
Free Cash Flow per Share$-688.23$-91.06$-62.31$-54.97$-7.75$-74.47$-96.33$1.93$41.48$-8.46
Cash per Share$8451.09$1201.15$1044.50$675.97$620.77$666.57$446.03$434.83$388.27$392.23
Book Value per Share$31235.96$2782.80$2607.84$2142.58$1955.36$1737.81$1524.80$1438.62$1318.47$1208.95
Tangible Book Value per Share$30118.64$2679.93$2507.54$2051.13$1869.53$1658.48$1453.33$1375.33$1318.47$1208.95
Interest Debt per Share$36212.27$2941.61$2713.38$2160.24$1911.12$1839.32$1528.31$1467.66$1314.74$1275.57
CAPEX per Share$4065.20$370.02$373.60$271.32$275.81$269.59$267.72$260.41$244.20$235.46

TM Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)8.627.289.9410.4810.8310.738.9410.148.079.93
Price to Book (P/B)0.990.971.440.911.181.030.880.961.071.04
Price to Sales (P/S)0.690.721.090.690.980.880.610.630.680.66
Enterprise Value to EBITDA9.447.89.099.169.6810.458.598.98.318.96
EV to Sales1.341.341.691.281.631.641.191.211.241.24
EV to Operating Cash Flow16.8117.4418.1416.0913.7716.3714.789.78.6510.06
EV to Free Cash Flow-82.49-53.43-90.64-63.32-476.15-42.89-26.291318.1459.56-269.93
Enterprise Value$69479.04B$64478.90B$76322.97B$47541.06B$51247.33B$44642.98B$35438.29B$36525.54B$36411.06B$34335.52B

TM Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)11.67%13.26%14.45%8.65%10.86%9.59%9.88%9.46%13.31%10.45%
Return on Invested Capital (ROIC)3.34%4.48%5.11%2.96%3.78%3.23%3.97%4.12%4.71%3.85%
Return on Tangible Assets4.43%5.17%5.57%3.36%4.29%3.67%3.84%3.59%4.96%3.76%
Earnings Yield12.10%13.74%10.06%9.55%9.23%9.32%11.19%9.87%12.40%10.07%
Free Cash Flow Yield-2.35%-3.48%-1.71%-2.92%-0.35%-4.32%-7.41%0.15%3.04%-0.70%
Dividend Yield3.30%3.27%1.79%2.84%2.30%2.60%3.40%3.38%3.12%3.51%

TM Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio1.171.261.191.11.091.061.051.041.021.03
Interest Coverage10.0125.1551.6121.7868.0946.2350.8887.2685.3870.77
Income Quality0.920.780.851.191.291.211.1221.691.86
Debt to Equity1.181.081.071.041.011.11.041.061.031.09
Debt to Assets42.82%41.44%40.57%39.54%39.14%41.21%39.54%39.40%38.46%39.29%
Net Debt to EBITDA4.573.613.234.213.854.814.184.253.724.21

TM Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover2.433.133.013.072.992.773.143.123.243.16
Payables Turnover7.619.539.338.088.027.5810.49.279.258.84
Inventory Turnover7.918.367.767.256.657.759.669.089.439.49
Days Sales Outstanding149.98116.63121.11118.72122131.8116.19117.1112.51115.62
Days Payables Outstanding47.9738.2939.1145.245.5148.1735.139.3739.4441.31
Days of Inventory on Hand46.1643.6447.0550.3654.947.137.7740.238.7338.45

TM Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA9.447.89.099.169.6810.458.598.98.318.96
Market Cap$35868.95B$34668.42B$49173.25B$25677.76B$30864.63B$24084.20B$18195.77B$19084.21B$20115.77B$18174.87B
Enterprise Value$69479.04B$64478.90B$76322.97B$47541.06B$51247.33B$44642.98B$35438.29B$36525.54B$36411.06B$34335.52B
Dividend Yield3.30%3.27%1.79%2.84%2.30%2.60%3.40%3.38%3.12%3.51%
Payout Ratio27.62%23.76%17.80%29.70%24.91%27.86%30.39%34.25%25.14%34.85%

Frequently Asked Questions

How does Toyota Motor Corporation’s P/E ratio compare with its history?

On this page, TM's current P/E is 8.6, compared with a multi-year average around 9.5. When the current P/E sits near its historical average, the multiple is close to that range. Look at trend direction in profitability and cash-flow rows, plus liquidity and leverage, rather than treating the P/E in isolation.

What is Toyota Motor Corporation market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $35.87T. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Toyota Motor Corporation’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Toyota Motor Corporation's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Toyota Motor Corporation compare to its competitors in key financial ratios?

The fastest way to compare Toyota Motor Corporation with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Toyota Motor Corporation outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Toyota Motor Corporation's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Toyota Motor Corporation is financially strong. Current ratio is about 1.17, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 10.01, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.18, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Toyota Motor Corporation's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Toyota Motor Corporation is sustaining strong returns (for example ROE at 11.67% and ROIC at 3.34%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.