Toyo Engineering (FRA:6AE0) Cyclically Adjusted Book per Share: €0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:6AE0 Toyo Engineering Corp FRA:6AE0
38 GF Score
Price €4.62
GF Value €1.57
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Toyo Engineering Cyclically Adjusted Book per Share?

Toyo Engineering FRA:6AE0 38 Cyclically Adjusted Book per Share is €0.00 as of Mar. 2026. GuruFocus rates FRA:6AE0 with a GF Score™ of 38/100 and a GF Value™ of €1.57 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Toyo Engineering's adjusted book value per share for the three months ended in Mar. 2026 was €4.047. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Toyo Engineering's average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Toyo Engineering was -5.20% per year. The lowest was -7.30% per year. And the median was -6.70% per year.

As of today (2026-07-14), Toyo Engineering's current stock price is €4.62. Toyo Engineering's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.00. Toyo Engineering's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toyo Engineering was 7.00. The lowest was 0.20. And the median was 0.58.


Toyo Engineering  (FRA:6AE0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Toyo Engineering was 7.00. The lowest was 0.20. And the median was 0.58.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Toyo Engineering Cyclically Adjusted Book per Share Related Terms


Toyo Engineering Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Toyo Engineering's Cyclically Adjusted Book per Share 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.

Toyo Engineering Cyclically Adjusted Book per Share Chart

Toyo Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Toyo Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00 0.00 0.00 0.00 0.00

FRA:6AE0 vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Toyo Engineering's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Engineering Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Toyo Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Toyo Engineering's Cyclically Adjusted PB Ratio falls into.


FRA:6AE0
38GF Score
Toyo Engineering Corp FRA:6AE0
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Engineering Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Toyo Engineering's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.047/330.2130*330.2130
=4.047

Current CPI (Mar. 2026) = 330.2130.

Toyo Engineering Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.878 241.018 16.274
201609 11.778 241.428 16.109
201612 10.990 241.432 15.031
201703 11.074 243.801 14.999
201706 11.092 244.955 14.953
201709 10.795 246.819 14.442
201712 5.853 246.524 7.840
201803 5.008 249.554 6.627
201806 5.013 251.989 6.569
201809 4.999 252.439 6.539
201812 5.023 251.233 6.602
201903 4.924 254.202 6.396
201906 5.449 256.143 7.025
201909 5.428 256.759 6.981
201912 5.210 256.974 6.695
202003 5.143 258.115 6.580
202006 4.703 257.797 6.024
202009 4.718 260.280 5.986
202012 4.641 260.474 5.884
202103 5.266 264.877 6.565
202106 5.295 271.696 6.435
202109 5.551 274.310 6.682
202112 5.494 278.802 6.507
202203 5.801 287.504 6.663
202206 6.032 296.311 6.722
202209 6.045 296.808 6.725
202212 5.744 296.797 6.391
202303 5.834 301.836 6.382
202306 5.803 305.109 6.280
202309 5.945 307.789 6.378
202312 5.942 306.746 6.397
202403 6.700 312.332 7.084
202406 6.312 314.175 6.634
202409 6.736 315.301 7.055
202412 6.674 315.605 6.983
202503 6.355 319.799 6.562
202506 5.873 322.561 6.012
202509 5.295 324.800 5.383
202512 3.680 324.054 3.750
202603 4.047 330.213 4.047

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €0.00 mean?
Toyo Engineering (FRA:6AE0) has a Cyclically Adjusted Book per Share of €0.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Toyo Engineering and its competitors.
Is Toyo Engineering's Cyclically Adjusted Book per Share too high?
Toyo Engineering's current Cyclically Adjusted Book per Share is €0.00. Overall, Toyo Engineering has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Engineering's Cyclically Adjusted Book per Share compare to PWR and FIX?
Toyo Engineering's Cyclically Adjusted Book per Share of €0.00 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Toyo Engineering and its competitors. Toyo Engineering's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Toyo Engineering (FRA:6AE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.57, compared to a current price of €4.62 — trading 194.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Toyo Engineering's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Toyo Engineering (FRA:6AE0), the current Cyclically Adjusted Book per Share is €0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toyo Engineering (FRA:6AE0) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Engineering stock appears to be overvalued. The current stock price of €4.62 is trading 194.3% above its estimated GF Value™ of €1.57. GuruFocus considers Toyo Engineering to be Significantly Overvalued.

Key valuation signals for FRA:6AE0:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €1.57 vs. price of €4.62 (194.3% above fair value)
  • GF Score™: 38/100 with 6 warning signs

No single metric tells the full story. See the FRA:6AE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Engineering Business Description

Other Exchanges 6330:Japan
Address 2-8-1 Akanehama Narashino-shi, Chiba, JPN
Toyo Engineering Corp provides engineering and construction services for industrial facilities. It designs, procures materials, builds, and offers technical assistance for oil and gas, petrochemicals, water treatment, transportation, power generation, and other industrial markets. Project management skills partnered with technological solutions allow the company to offer customized solutions and manufacture various power plants and infrastructure projects. Toyo operates three business groups: engineering, procurement, and construction (the majority of total revenue); IT; and real estate. A global network of employees gathers data from customers, and company locations are spread across Asia, North America, and South America to collect regional information.
38GF Score

Get the complete analysis for FRA:6AE0

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.62
Price
€1.57
GF Value