MIRAIT One (FRA:5FO) Cyclically Adjusted PB Ratio: 1.49 (As of Jul. 25, 2026) — 42% Above Median

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FRA:5FO MIRAIT One Corp FRA:5FO
85 GF Score
Price €19.00
GF Value €13.57
! 2 Warning Signs
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What is MIRAIT One Cyclically Adjusted PB Ratio?

MIRAIT One FRA:5FO 85 Cyclically Adjusted PB Ratio is 1.49 as of Jul. 25, 2026, which is 42% above its 10-year median of 1.05. GuruFocus rates FRA:5FO with a GF Score™ of 85/100 and a GF Value™ of €13.57. The stock has 2 warning signs investors should review. Among 1,363 Construction companies, MIRAIT One ranks worse than 59.79% on this metric.

As of today (2026-07-25), MIRAIT One's current share price is €19.00. MIRAIT One's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €12.76. MIRAIT One's Cyclically Adjusted PB Ratio for today is 1.49.

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

FRA:5FO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.05   Max: 1.72
Current: 1.51

During the past years, MIRAIT One's highest Cyclically Adjusted PB Ratio was 1.72. The lowest was 0.78. And the median was 1.05.

FRA:5FO's Cyclically Adjusted PB Ratio is ranked worse than
59.79% of 1363 companies
in the Construction industry
Industry Median: 1.17 vs FRA:5FO: 1.51

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.

MIRAIT One's adjusted book value per share data for the three months ended in Mar. 2026 was €17.180. 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 €12.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MIRAIT One  (FRA:5FO) 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.


MIRAIT One Cyclically Adjusted PB Ratio Related Terms


MIRAIT One Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MIRAIT One'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.

MIRAIT One Cyclically Adjusted PB Ratio Chart

MIRAIT One Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.87 0.93 0.97 1.49

MIRAIT One Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.97 1.11 1.25 1.48 1.49

FRA:5FO vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, MIRAIT One'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.


MIRAIT One Cyclically Adjusted PB Ratio vs Construction Industry

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

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


FRA:5FO
85GF Score
MIRAIT One Corp FRA:5FO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MIRAIT One 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.

MIRAIT One's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.00/12.76
=1.49

* 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.

MIRAIT One's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MIRAIT One'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)
=17.18/112.7000*112.7000
=17.180

Current CPI (Mar. 2026) = 112.7000.

MIRAIT One Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.512 98.100 14.374
201609 12.847 98.000 14.774
201612 11.746 98.400 13.453
201703 13.005 98.100 14.941
201706 12.602 98.500 14.419
201709 12.141 98.800 13.849
201712 12.293 99.400 13.938
201803 13.254 99.200 15.058
201806 13.518 99.200 15.358
201809 13.604 99.900 15.347
201812 13.918 99.700 15.733
201903 15.398 99.700 17.406
201906 15.858 99.800 17.908
201909 16.609 100.100 18.700
201912 15.843 100.500 17.766
202003 16.865 100.300 18.950
202006 16.320 99.900 18.411
202009 16.182 99.900 18.255
202012 16.673 99.300 18.923
202103 17.250 99.900 19.460
202106 16.866 99.500 19.103
202109 17.658 100.100 19.881
202112 18.035 100.100 20.305
202203 18.734 101.100 20.883
202206 17.044 101.800 18.869
202209 17.229 103.100 18.833
202212 17.155 104.100 18.572
202303 17.982 104.400 19.412
202306 16.696 105.200 17.886
202309 16.328 106.200 17.327
202312 16.437 106.800 17.345
202403 16.800 107.200 17.662
202406 0.000 108.200 0.000
202409 17.412 108.900 18.020
202412 17.082 110.700 17.391
202503 18.089 111.100 18.350
202506 17.102 111.700 17.255
202509 16.859 112.000 16.964
202512 16.255 113.000 16.212
202603 17.180 112.700 17.180

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 1.49 mean?
MIRAIT One (FRA:5FO) has a Cyclically Adjusted PB Ratio of 1.49 as of Jul. 25, 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 MIRAIT One and its competitors. This is 42% above median its historical median of 1.05. Over the past decade, MIRAIT One's Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.72. According to the industry distribution chart, MIRAIT One ranks #815 out of 1363 companies in the Construction industry, placing it in the top 59.8%.
Is MIRAIT One's Cyclically Adjusted PB Ratio too high?
MIRAIT One's current Cyclically Adjusted PB Ratio of 1.49 is 42% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.72. The Construction industry median Cyclically Adjusted PB Ratio is 1.17. MIRAIT One's value of 1.49 is 27.4% above this industry median. Based on the distribution chart, MIRAIT One ranks #815 out of 1363 companies in the Construction industry, which is below the industry midpoint. Overall, MIRAIT One has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does MIRAIT One's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, MIRAIT One ranks #815 out of 1363 companies for Cyclically Adjusted PB Ratio. This places MIRAIT One in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. MIRAIT One's value of 1.49 is 27.4% above this benchmark. Historically, MIRAIT One's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.72 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.17, MIRAIT One 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.17, based on 1,363 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. MIRAIT One's current Cyclically Adjusted PB Ratio of 1.49 is 27.4% 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 MIRAIT One and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIRAIT One's current Cyclically Adjusted PB Ratio is 1.49, which is 42% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRAIT One stock overvalued right now?
MIRAIT One (FRA:5FO) has a current Cyclically Adjusted PB Ratio of 1.49. The stock's GF Value™ is €13.57, compared to a current price of €19.00 — trading 40% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.49, which is 42% above median its 10-year median of 1.05 and 27.4% above the Construction industry median of 1.17. MIRAIT One's overall GF Score™ is 85/100 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 MIRAIT One (FRA:5FO), the current Cyclically Adjusted PB Ratio is 1.49 as of Jul. 25, 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 MIRAIT One (FRA:5FO) Overvalued in 2026?

Based on GuruFocus' analysis, MIRAIT One stock appears to be overvalued. The current stock price of €19.00 is trading 40% above its estimated GF Value™ of €13.57.

Key valuation signals for FRA:5FO:

  • Cyclically Adjusted PB Ratio: 1.49 (42% above median its 10-year median of 1.05)
  • GF Value™: €13.57 vs. price of €19.00 (40% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 27.4% above the Construction median (#815 of 1363)

No single metric tells the full story. See the FRA:5FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIRAIT One Business Description

Other Exchanges 1417:Japan
Address 5-6-36 Toyosu, Koto-ku, Tokyo, JPN, 135-8111
MIRAIT One Corp is engaged in building and maintaining various social infrastructures including communication infrastructures. It is also involved in projects that contribute to local town and community development, as well as corporate DX and GX. It also engages in the construction and sales of solar power generation facilities; provides high-quality software and DX through virtualization; construction of broadband networks and ICT systems among others.
85GF Score

Get the complete analysis for FRA:5FO

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

€19.00
Price
€13.57
GF Value