Tokyo Electron Device (FRA:8VR) Cyclically Adjusted Book per Share: €0.00 (As of Mar. 2026)


FRA:8VR Tokyo Electron Device Ltd FRA:8VR
67 GF Score
Price €20.73
GF Value €16.76
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Tokyo Electron Device Cyclically Adjusted Book per Share?

Tokyo Electron Device FRA:8VR +2.27% 67 Cyclically Adjusted Book per Share is €0.00 as of Mar. 2026. GuruFocus rates FRA:8VR with a GF Score™ of 67/100 and a GF Value™ of €16.76 (Modestly Overvalued). The stock has 9 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.

Tokyo Electron Device's adjusted book value per share for the three months ended in Mar. 2026 was €9.779. 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, Tokyo Electron Device's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Tokyo Electron Device was 9.50% per year. The lowest was 1.90% per year. And the median was 5.65% per year.

As of today (2026-07-01), Tokyo Electron Device's current stock price is €20.725. Tokyo Electron Device's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.00. Tokyo Electron Device's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tokyo Electron Device was 8.31. The lowest was 0.72. And the median was 2.34.


Tokyo Electron Device  (FRA:8VR) 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 Tokyo Electron Device was 8.31. The lowest was 0.72. And the median was 2.34.


Be Aware

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


Tokyo Electron Device Cyclically Adjusted Book per Share Related Terms


Tokyo Electron Device Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tokyo Electron Device'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.

Tokyo Electron Device Cyclically Adjusted Book per Share Chart

Tokyo Electron Device Annual Data
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Cyclically Adjusted Book per Share
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Tokyo Electron Device Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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FRA:8VR vs APH, GLW: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, Tokyo Electron Device'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.


Tokyo Electron Device Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Tokyo Electron Device's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Electron Device's Cyclically Adjusted PB Ratio falls into.


FRA:8VR
67GF Score
Tokyo Electron Device Ltd FRA:8VR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Electron Device 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, Tokyo Electron Device'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)
=9.779/112.7000*112.7000
=9.779

Current CPI (Mar. 2026) = 112.7000.

Tokyo Electron Device Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.169 98.100 7.087
201609 6.378 98.000 7.335
201612 5.945 98.400 6.809
201703 6.281 98.100 7.216
201706 6.064 98.500 6.938
201709 5.825 98.800 6.645
201712 5.851 99.400 6.634
201803 6.003 99.200 6.820
201806 6.110 99.200 6.942
201809 6.164 99.900 6.954
201812 6.398 99.700 7.232
201903 6.731 99.700 7.609
201906 6.893 99.800 7.784
201909 7.226 100.100 8.136
201912 7.095 100.500 7.956
202003 7.400 100.300 8.315
202006 7.238 99.900 8.165
202009 7.165 99.900 8.083
202012 7.201 99.300 8.173
202103 7.396 99.900 8.344
202106 7.467 99.500 8.458
202109 7.526 100.100 8.473
202112 7.645 100.100 8.607
202203 7.982 101.100 8.898
202206 7.575 101.800 8.386
202209 8.189 103.100 8.952
202212 8.252 104.100 8.934
202303 8.861 104.400 9.565
202306 8.402 105.200 9.001
202309 8.767 106.200 9.304
202312 8.885 106.800 9.376
202403 9.217 107.200 9.690
202406 0.000 108.200 0.000
202409 9.785 108.900 10.126
202412 9.627 110.700 9.801
202503 10.078 111.100 10.223
202506 9.558 111.700 9.644
202509 9.267 112.000 9.325
202512 9.156 113.000 9.132
202603 9.779 112.700 9.779

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?
Tokyo Electron Device (FRA:8VR) 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 Tokyo Electron Device and its competitors.
Is Tokyo Electron Device's Cyclically Adjusted Book per Share too high?
Tokyo Electron Device's current Cyclically Adjusted Book per Share is €0.00. Overall, Tokyo Electron Device has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Cyclically Adjusted Book per Share compare to APH and GLW?
Tokyo Electron Device's Cyclically Adjusted Book per Share of €0.00 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Tokyo Electron Device and its competitors. Tokyo Electron Device'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 Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.76, compared to a current price of €20.73 — trading 23.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Tokyo Electron Device's overall GF Score™ is 67/100 with 9 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 Tokyo Electron Device (FRA:8VR), 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued. The current stock price of €20.73 is trading 23.7% above its estimated GF Value™ of €16.76. GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.

Key valuation signals for FRA:8VR:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €16.76 vs. price of €20.73 (23.7% above fair value)
  • GF Score™: 67/100 with 9 warning signs

No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Electron Device Business Description

Other Exchanges 2760:Japan
Address Yokohama East Square, 1-4, Kinko-cho, Kanagawa-ku, Yokohama, JPN, 221-0056
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
67GF Score

Get the complete analysis for FRA:8VR

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

€20.73
Price
€16.76
GF Value