Tokai Carbon Co (FRA:7TC) Cyclically Adjusted Book per Share: €6.13 (As of Dec. 2025)


FRA:7TC Tokai Carbon Co Ltd FRA:7TC
65 GF Score
Price €9.30
GF Value €5.39
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tokai Carbon Co Cyclically Adjusted Book per Share?

Tokai Carbon Co FRA:7TC +1.09% 65 Cyclically Adjusted Book per Share is €6.13 as of Dec. 2025. GuruFocus rates FRA:7TC with a GF Score™ of 65/100 and a GF Value™ of €5.39 (Significantly Overvalued). The stock has 10 warning signs investors should review.

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.

Tokai Carbon Co's adjusted book value per share for the three months ended in Dec. 2025 was €8.167. 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 €6.13 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Tokai Carbon Co's average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% 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 Tokai Carbon Co was 13.60% per year. The lowest was 6.60% per year. And the median was 9.30% per year.

As of today (2026-07-02), Tokai Carbon Co's current stock price is €9.30. Tokai Carbon Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €6.13. Tokai Carbon Co's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokai Carbon Co was 4.18. The lowest was 0.75. And the median was 1.48.


Tokai Carbon Co  (FRA:7TC) 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.

Tokai Carbon Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.30/6.13
=1.52

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokai Carbon Co was 4.18. The lowest was 0.75. And the median was 1.48.


Be Aware

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


Tokai Carbon Co Cyclically Adjusted Book per Share Related Terms


Tokai Carbon Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tokai Carbon Co'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.

Tokai Carbon Co Cyclically Adjusted Book per Share Chart

Tokai Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 5.66 5.80 6.25 6.13

Tokai Carbon Co 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 6.52 6.31 6.25 6.13 0.00

FRA:7TC vs LIN, SHW, ECL: Cyclically Adjusted Book per Share Comparison

For the Specialty Chemicals subindustry, Tokai Carbon Co'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.


Tokai Carbon Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tokai Carbon Co's Cyclically Adjusted PB Ratio falls into.


FRA:7TC
65GF Score
Tokai Carbon Co Ltd FRA:7TC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai Carbon Co 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, Tokai Carbon Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=8.167/113.0000*113.0000
=8.167

Current CPI (Dec. 2025) = 113.0000.

Tokai Carbon Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.424 97.900 5.106
201606 4.232 98.100 4.875
201609 4.412 98.000 5.087
201612 4.255 98.400 4.886
201703 4.314 98.100 4.969
201706 4.422 98.500 5.073
201709 4.283 98.800 4.899
201712 4.435 99.400 5.042
201803 4.595 99.200 5.234
201806 5.922 99.200 6.746
201809 6.464 99.900 7.312
201812 6.878 99.700 7.796
201903 7.396 99.700 8.383
201906 7.904 99.800 8.949
201909 7.943 100.100 8.967
201912 8.198 100.500 9.218
202003 7.836 100.300 8.828
202006 7.724 99.900 8.737
202009 7.431 99.900 8.405
202012 7.477 99.300 8.509
202103 7.701 99.900 8.711
202106 7.756 99.500 8.808
202109 7.861 100.100 8.874
202112 8.359 100.100 9.436
202203 8.723 101.100 9.750
202206 8.744 101.800 9.706
202209 8.883 103.100 9.736
202212 8.823 104.100 9.577
202303 9.170 104.400 9.925
202306 9.790 105.200 10.516
202309 9.694 106.200 10.315
202312 9.693 106.800 10.256
202403 9.904 107.200 10.440
202406 10.066 108.200 10.513
202409 9.667 108.900 10.031
202412 8.409 110.700 8.584
202503 7.950 111.100 8.086
202506 7.717 111.700 7.807
202509 7.798 112.000 7.868
202512 8.167 113.000 8.167

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 €6.13 mean?
Tokai Carbon Co (FRA:7TC) has a Cyclically Adjusted Book per Share of €6.13 as of Dec. 2025. 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 Tokai Carbon Co and its competitors.
Is Tokai Carbon Co's Cyclically Adjusted Book per Share too high?
Tokai Carbon Co's current Cyclically Adjusted Book per Share is €6.13. Overall, Tokai Carbon Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Cyclically Adjusted Book per Share compare to LIN and SHW?
Tokai Carbon Co's Cyclically Adjusted Book per Share of €6.13 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted Book per Share depends on the Chemicals 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 Tokai Carbon Co and its competitors. Tokai Carbon Co's current Cyclically Adjusted Book per Share is €6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (FRA:7TC) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.39, compared to a current price of €9.30 — trading 72.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €6.13. Tokai Carbon Co's overall GF Score™ is 65/100 with 10 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 Tokai Carbon Co (FRA:7TC), the current Cyclically Adjusted Book per Share is €6.13 as of Dec. 2025. 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 Tokai Carbon Co (FRA:7TC) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued. The current stock price of €9.30 is trading 72.5% above its estimated GF Value™ of €5.39. GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.

Key valuation signals for FRA:7TC:

  • Cyclically Adjusted Book per Share: €6.13
  • GF Value™: €5.39 vs. price of €9.30 (72.5% above fair value)
  • GF Score™: 65/100 with 10 warning signs

No single metric tells the full story. See the FRA:7TC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokai Carbon Co Business Description

Address 1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
65GF Score

Get the complete analysis for FRA:7TC

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

€9.30
Price
€5.39
GF Value