Tri Chemical Laboratories (FRA:22E) Cyclically Adjusted PB Ratio: 5.92 (As of Aug. 08, 2026) — 43% Below Median

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FRA:22E Tri Chemical Laboratories Inc FRA:22E
93 GF Score
Price €18.40
GF Value €27.13
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Tri Chemical Laboratories Cyclically Adjusted PB Ratio?

Tri Chemical Laboratories FRA:22E -2.65% 93 Cyclically Adjusted PB Ratio is 5.92 as of Aug. 08, 2026, which is 43% below its 10-year median of 10.44. GuruFocus rates FRA:22E with a GF Score™ of 93/100 and a GF Value™ of €27.13 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,236 Chemicals companies, Tri Chemical Laboratories ranks worse than 86.97% on this metric.

As of today (2026-08-08), Tri Chemical Laboratories's current share price is €18.40. Tri Chemical Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €3.11. Tri Chemical Laboratories's Cyclically Adjusted PB Ratio for today is 5.92.

The historical rank and industry rank for Tri Chemical Laboratories's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:22E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.72   Med: 10.44   Max: 29.55
Current: 5.58

During the past years, Tri Chemical Laboratories's highest Cyclically Adjusted PB Ratio was 29.55. The lowest was 4.72. And the median was 10.44.

FRA:22E's Cyclically Adjusted PB Ratio is ranked worse than
86.97% of 1236 companies
in the Chemicals industry
Industry Median: 1.61 vs FRA:22E: 5.58

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.

Tri Chemical Laboratories's adjusted book value per share data for the three months ended in Apr. 2026 was €6.079. 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 €3.11 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tri Chemical Laboratories  (FRA:22E) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Tri Chemical Laboratories Cyclically Adjusted PB Ratio Related Terms


Tri Chemical Laboratories Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tri Chemical Laboratories's Cyclically Adjusted PB 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.

Tri Chemical Laboratories Cyclically Adjusted PB Ratio Chart

Tri Chemical Laboratories Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.69 8.20 10.15 7.09 5.90

Tri Chemical Laboratories Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB 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 5.27 6.82 5.60 5.90 5.47

FRA:22E vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.


Tri Chemical Laboratories Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tri Chemical Laboratories's Cyclically Adjusted PB Ratio falls into.


FRA:22E
93GF Score
Tri Chemical Laboratories Inc FRA:22E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tri Chemical Laboratories Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Tri Chemical Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.40/3.11
=5.92

* 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.

Tri Chemical Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Tri Chemical Laboratories's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=6.079/113.0000*113.0000
=6.079

Current CPI (Apr. 2026) = 113.0000.

Tri Chemical Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201607 1.030 97.900 1.189
201610 1.067 98.600 1.223
201701 1.066 98.200 1.227
201704 1.139 98.500 1.307
201707 1.105 98.300 1.270
201710 1.151 98.800 1.316
201801 1.205 99.500 1.368
201804 1.256 99.100 1.432
201807 1.384 99.200 1.577
201810 1.577 100.200 1.778
201901 1.808 99.700 2.049
201904 1.887 100.000 2.132
201907 2.099 99.800 2.377
201910 2.294 100.400 2.582
202001 2.528 100.500 2.842
202004 2.684 100.200 3.027
202007 2.815 100.000 3.181
202010 3.026 99.800 3.426
202101 3.190 99.800 3.612
202104 4.277 99.100 4.877
202107 4.505 99.700 5.106
202110 4.746 99.900 5.368
202201 5.051 100.300 5.691
202204 5.020 101.500 5.589
202207 5.261 102.300 5.811
202210 5.384 103.700 5.867
202301 5.664 104.700 6.113
202304 5.428 105.100 5.836
202307 5.224 105.700 5.585
202310 5.247 107.100 5.536
202401 5.324 106.900 5.628
202404 5.125 107.700 5.377
202407 5.183 108.600 5.393
202410 5.616 109.500 5.796
202501 6.000 111.200 6.097
202504 5.951 111.500 6.031
202507 5.964 111.900 6.023
202510 6.029 112.800 6.040
202601 6.043 112.900 6.048
202604 6.079 113.000 6.079

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

What does a Cyclically Adjusted PB Ratio of 5.92 mean?
Tri Chemical Laboratories (FRA:22E) has a Cyclically Adjusted PB Ratio of 5.92 as of Aug. 08, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tri Chemical Laboratories and its competitors. This is 43% below median its historical median of 10.44. Over the past decade, Tri Chemical Laboratories' Cyclically Adjusted PB Ratio has ranged from 4.72 to 29.55. According to the industry distribution chart, Tri Chemical Laboratories ranks #1075 out of 1236 companies in the Chemicals industry, placing it in the top 87%.
Is Tri Chemical Laboratories' Cyclically Adjusted PB Ratio too high?
Tri Chemical Laboratories' current Cyclically Adjusted PB Ratio of 5.92 is 43% below median its 10-year median of 10.44. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 29.55. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Tri Chemical Laboratories' value of 5.92 is 267.7% above this industry median. Based on the distribution chart, Tri Chemical Laboratories ranks #1075 out of 1236 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Tri Chemical Laboratories has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri Chemical Laboratories' Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tri Chemical Laboratories ranks #1075 out of 1236 companies for Cyclically Adjusted PB Ratio. This places Tri Chemical Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Tri Chemical Laboratories' value of 5.92 is 267.7% above this benchmark. Historically, Tri Chemical Laboratories' own Cyclically Adjusted PB Ratio has ranged from 4.72 to 29.55 over the past decade. While the company's 10-year median is 10.44 vs. the industry median of 1.61, Tri Chemical Laboratories has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.61, based on 1,236 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tri Chemical Laboratories's current Cyclically Adjusted PB Ratio of 5.92 is 267.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tri Chemical Laboratories and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri Chemical Laboratories's current Cyclically Adjusted PB Ratio is 5.92, which is 43% below median its own 10-year median of 10.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri Chemical Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Tri Chemical Laboratories (FRA:22E) is currently considered Significantly Undervalued. The stock's GF Value™ is €27.13, compared to a current price of €18.40 — trading 32.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.92, which is 43% below median its 10-year median of 10.44 and 267.7% above the Chemicals industry median of 1.61. Tri Chemical Laboratories' overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Tri Chemical Laboratories (FRA:22E), the current Cyclically Adjusted PB Ratio is 5.92 as of Aug. 08, 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 Tri Chemical Laboratories (FRA:22E) Overvalued in 2026?

Based on GuruFocus' analysis, Tri Chemical Laboratories stock appears to be undervalued. The current stock price of €18.40 is trading 32.2% below its estimated GF Value™ of €27.13. GuruFocus considers Tri Chemical Laboratories to be Significantly Undervalued.

Key valuation signals for FRA:22E:

  • Cyclically Adjusted PB Ratio: 5.92 (43% below median its 10-year median of 10.44)
  • GF Value™: €27.13 vs. price of €18.40 (32.2% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 267.7% above the Chemicals median (#1075 of 1236)

No single metric tells the full story. See the FRA:22E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tri Chemical Laboratories Business Description

Other Exchanges 4369:Japan
Address 8154-217 Uenohara, Uenohara-shi, Yamanashi, JPN, 409-0112
Tri Chemical Laboratories Inc is engaged in the manufacturing of high-purity chemical compounds for the semiconductor industry.
93GF Score

Get the complete analysis for FRA:22E

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

€18.40
Price
€27.13
GF Value