Troax Group AB (FRA:5TOA) Cyclically Adjusted PB Ratio: 5.78 (As of Sep. 17, 2026) — 39% Below Median

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FRA:5TOA Troax Group AB FRA:5TOA
91 GF Score
Price €13.48
GF Value €16.03
! 10 Warning Signs
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What is Troax Group AB Cyclically Adjusted PB Ratio?

Troax Group AB FRA:5TOA +4.17% 91 Cyclically Adjusted PB Ratio is 5.78 as of Sep. 17, 2026, which is 39% below its 10-year median of 9.55. GuruFocus rates FRA:5TOA with a GF Score™ of 91/100 and a GF Value™ of €16.03. The stock has 10 warning signs investors should review. Among 2,100 Industrial Products companies, Troax Group AB ranks worse than 83.1% on this metric.

As of today (2026-09-17), Troax Group AB's current share price is €13.48. Troax Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.33. Troax Group AB's Cyclically Adjusted PB Ratio for today is 5.78.

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

FRA:5TOA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.86   Med: 9.55   Max: 14.04
Current: 6.03

During the past years, Troax Group AB's highest Cyclically Adjusted PB Ratio was 14.04. The lowest was 3.86. And the median was 9.55.

FRA:5TOA's Cyclically Adjusted PB Ratio is ranked worse than
83.1% of 2100 companies
in the Industrial Products industry
Industry Median: 2.08 vs FRA:5TOA: 6.03

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.

Troax Group AB's adjusted book value per share data for the three months ended in Jun. 2026 was €2.652. 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 €2.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Troax Group AB  (FRA:5TOA) 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.


Troax Group AB Cyclically Adjusted PB Ratio Related Terms


Troax Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Troax Group AB'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.

Troax Group AB Cyclically Adjusted PB Ratio Chart

Troax Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.64 5.86 9.05 5.82

Troax Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.11 5.55 6.09 3.66 3.93

FRA:5TOA vs ATI, CRS, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Troax Group AB'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.


Troax Group AB Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Troax Group AB's Cyclically Adjusted PB Ratio falls into.


FRA:5TOA
91GF Score
Troax Group AB FRA:5TOA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Troax Group AB 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.

Troax Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.48/2.334
=5.78

* 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.

Troax Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Troax Group AB's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.652/134.6100*134.6100
=2.652

Current CPI (Jun. 2026) = 134.6100.

Troax Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.983 101.138 1.308
201612 1.098 102.022 1.449
201703 1.170 102.022 1.544
201706 1.075 102.752 1.408
201709 1.147 103.279 1.495
201712 1.152 103.793 1.494
201803 1.168 103.962 1.512
201806 1.128 104.875 1.448
201809 1.250 105.679 1.592
201812 1.377 105.912 1.750
201903 1.437 105.886 1.827
201906 1.362 106.742 1.718
201909 1.468 107.214 1.843
201912 1.597 107.766 1.995
202003 1.575 106.563 1.990
202006 1.732 107.498 2.169
202009 1.724 107.635 2.156
202012 1.905 108.296 2.368
202103 2.023 108.360 2.513
202106 2.036 108.928 2.516
202109 2.217 110.338 2.705
202112 2.381 112.486 2.849
202203 2.522 114.825 2.957
202206 2.365 118.384 2.689
202209 2.519 122.296 2.773
202212 2.585 126.365 2.754
202303 2.702 127.042 2.863
202306 2.478 129.407 2.578
202309 2.672 130.224 2.762
202312 2.874 131.912 2.933
202403 2.907 132.205 2.960
202406 2.725 132.716 2.764
202409 2.877 132.304 2.927
202412 3.009 132.987 3.046
202503 3.212 132.825 3.255
202506 2.817 133.699 2.836
202509 2.929 133.480 2.954
202512 2.965 133.380 2.992
202603 2.989 133.550 3.013
202606 2.652 134.610 2.652

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 5.78 mean?
Troax Group AB (FRA:5TOA) has a Cyclically Adjusted PB Ratio of 5.78 as of Sep. 17, 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 Troax Group AB and its competitors. This is 39% below median its historical median of 9.55. Over the past decade, Troax Group AB's Cyclically Adjusted PB Ratio has ranged from 3.86 to 14.04. According to the industry distribution chart, Troax Group AB ranks #1745 out of 2100 companies in the Industrial Products industry, placing it in the top 83.1%.
Is Troax Group AB's Cyclically Adjusted PB Ratio too high?
Troax Group AB's current Cyclically Adjusted PB Ratio of 5.78 is 39% below median its 10-year median of 9.55. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 14.04. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Troax Group AB's value of 5.78 is 177.9% above this industry median. Based on the distribution chart, Troax Group AB ranks #1745 out of 2100 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Troax Group AB has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Troax Group AB's Cyclically Adjusted PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Troax Group AB ranks #1745 out of 2100 companies for Cyclically Adjusted PB Ratio. This places Troax Group AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Troax Group AB's value of 5.78 is 177.9% above this benchmark. Historically, Troax Group AB's own Cyclically Adjusted PB Ratio has ranged from 3.86 to 14.04 over the past decade. While the company's 10-year median is 9.55 vs. the industry median of 2.08, Troax Group AB 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,100 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. Troax Group AB's current Cyclically Adjusted PB Ratio of 5.78 is 177.9% 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 Troax Group AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Troax Group AB's current Cyclically Adjusted PB Ratio is 5.78, which is 39% below median its own 10-year median of 9.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Troax Group AB stock overvalued right now?
Troax Group AB (FRA:5TOA) has a current Cyclically Adjusted PB Ratio of 5.78. The stock's GF Value™ is €16.03, compared to a current price of €13.48 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.78, which is 39% below median its 10-year median of 9.55 and 177.9% above the Industrial Products industry median of 2.08. Troax Group AB's overall GF Score™ is 91/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Troax Group AB (FRA:5TOA), the current Cyclically Adjusted PB Ratio is 5.78 as of Sep. 17, 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 Troax Group AB (FRA:5TOA) Overvalued in 2026?

Based on GuruFocus' analysis, Troax Group AB stock appears to be undervalued. The current stock price of €13.48 is trading 15.9% below its estimated GF Value™ of €16.03.

Key valuation signals for FRA:5TOA:

  • Cyclically Adjusted PB Ratio: 5.78 (39% below median its 10-year median of 9.55)
  • GF Value™: €16.03 vs. price of €13.48 (15.9% below fair value)
  • GF Score™: 91/100 with 10 warning signs
  • Industry Position: 177.9% above the Industrial Products median (#1745 of 2100)

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


Troax Group AB Business Description

Other Exchanges TROAX:SwedenTROAXs:UK
Address P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB is a supplier of indoor perimeter protection (metal-based mesh panel solutions). The company focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Machine Guarding comprises Troax's standardized protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.
91GF Score

Get the complete analysis for FRA:5TOA

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

€13.48
Price
€16.03
GF Value