CHAR Technologies (FRA:68K) Cyclically Adjusted PB Ratio: 4.48 (As of Sep. 05, 2026) — 18% Above Median

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FRA:68K CHAR Technologies Ltd FRA:68K
31 GF Score
Price €0.18
GF Value €0.17
Valuation Modestly Overvalued
! 10 Warning Signs
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What is CHAR Technologies Cyclically Adjusted PB Ratio?

CHAR Technologies FRA:68K +14.74% 31 Cyclically Adjusted PB Ratio is 4.48 as of Sep. 05, 2026, which is 18% above its 10-year median of 3.81. GuruFocus rates FRA:68K with a GF Score™ of 31/100 and a GF Value™ of €0.17 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 157 Waste Management companies, CHAR Technologies ranks worse than 80.25% on this metric.

As of today (2026-09-05), CHAR Technologies's current share price is €0.179. CHAR Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.04. CHAR Technologies's Cyclically Adjusted PB Ratio for today is 4.48.

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

FRA:68K' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.21   Med: 3.81   Max: 6.88
Current: 4.21

During the past years, CHAR Technologies's highest Cyclically Adjusted PB Ratio was 6.88. The lowest was 2.21. And the median was 3.81.

FRA:68K's Cyclically Adjusted PB Ratio is ranked worse than
80.25% of 157 companies
in the Waste Management industry
Industry Median: 1.69 vs FRA:68K: 4.21

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.

CHAR Technologies's adjusted book value per share data for the three months ended in Jun. 2026 was €0.024. 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 €0.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CHAR Technologies  (FRA:68K) 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.


CHAR Technologies Cyclically Adjusted PB Ratio Related Terms


CHAR Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CHAR Technologies'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.

CHAR Technologies Cyclically Adjusted PB Ratio Chart

CHAR Technologies Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.75 3.52 2.83

CHAR Technologies 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 3.66 2.83 4.71 3.92 4.29

FRA:68K vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, CHAR Technologies'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.


CHAR Technologies Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, CHAR Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:68K
31GF Score
CHAR Technologies Ltd FRA:68K
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CHAR Technologies 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.

CHAR Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.179/0.04
=4.48

* 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.

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

For example, CHAR Technologies'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)
=0.024/133.5265*133.5265
=0.024

Current CPI (Jun. 2026) = 133.5265.

CHAR Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.071 101.765 0.093
201612 0.072 101.449 0.095
201703 0.067 102.634 0.087
201706 0.059 103.029 0.076
201709 0.032 103.345 0.041
201712 0.051 103.345 0.066
201803 0.054 105.004 0.069
201806 0.052 105.557 0.066
201809 0.036 105.636 0.046
201812 0.034 105.399 0.043
201903 0.031 106.979 0.039
201906 0.035 107.690 0.043
201909 0.029 107.611 0.036
201912 0.027 107.769 0.033
202003 0.022 107.927 0.027
202006 0.019 108.401 0.023
202009 0.019 108.164 0.023
202012 0.022 108.559 0.027
202103 0.067 110.298 0.081
202106 0.063 111.720 0.075
202109 0.052 112.905 0.061
202112 0.042 113.774 0.049
202203 0.066 117.646 0.075
202206 0.055 120.806 0.061
202209 0.043 120.648 0.048
202212 0.033 120.964 0.036
202303 0.034 122.702 0.037
202306 0.022 124.203 0.024
202309 0.048 125.230 0.051
202312 0.034 125.072 0.036
202403 0.021 126.258 0.022
202406 0.016 127.522 0.017
202409 0.003 127.285 0.003
202412 0.011 127.364 0.012
202503 0.003 129.181 0.003
202506 0.004 129.892 0.004
202509 0.023 130.287 0.024
202512 0.023 130.366 0.024
202603 0.032 132.262 0.032
202606 0.024 133.527 0.024

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 4.48 mean?
CHAR Technologies (FRA:68K) has a Cyclically Adjusted PB Ratio of 4.48 as of Sep. 05, 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 CHAR Technologies and its competitors. This is 18% above median its historical median of 3.81. Over the past decade, CHAR Technologies' Cyclically Adjusted PB Ratio has ranged from 2.21 to 6.88. According to the industry distribution chart, CHAR Technologies ranks #126 out of 157 companies in the Waste Management industry, placing it in the top 80.3%.
Is CHAR Technologies' Cyclically Adjusted PB Ratio too high?
CHAR Technologies' current Cyclically Adjusted PB Ratio of 4.48 is 18% above median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 6.88. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.69. CHAR Technologies' value of 4.48 is 165.1% above this industry median. Based on the distribution chart, CHAR Technologies ranks #126 out of 157 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, CHAR Technologies has a GF Score™ of 31/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CHAR Technologies' Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, CHAR Technologies ranks #126 out of 157 companies for Cyclically Adjusted PB Ratio. This places CHAR Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. CHAR Technologies' value of 4.48 is 165.1% above this benchmark. Historically, CHAR Technologies' own Cyclically Adjusted PB Ratio has ranged from 2.21 to 6.88 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 1.69, CHAR Technologies 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.69, based on 157 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. CHAR Technologies's current Cyclically Adjusted PB Ratio of 4.48 is 165.1% 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 CHAR Technologies and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHAR Technologies's current Cyclically Adjusted PB Ratio is 4.48, which is 18% above median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, CHAR Technologies (FRA:68K) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.17, compared to a current price of €0.18 — trading 5.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.48, which is 18% above median its 10-year median of 3.81 and 165.1% above the Waste Management industry median of 1.69. CHAR Technologies' overall GF Score™ is 31/100 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 CHAR Technologies (FRA:68K), the current Cyclically Adjusted PB Ratio is 4.48 as of Sep. 05, 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 CHAR Technologies (FRA:68K) Overvalued in 2026?

Based on GuruFocus' analysis, CHAR Technologies stock appears to be overvalued. The current stock price of €0.18 is trading 5.3% above its estimated GF Value™ of €0.17. GuruFocus considers CHAR Technologies to be Modestly Overvalued.

Key valuation signals for FRA:68K:

  • Cyclically Adjusted PB Ratio: 4.48 (18% above median its 10-year median of 3.81)
  • GF Value™: €0.17 vs. price of €0.18 (5.3% above fair value)
  • GF Score™: 31/100 with 10 warning signs
  • Industry Position: 165.1% above the Waste Management median (#126 of 157)

No single metric tells the full story. See the FRA:68K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CHAR Technologies Business Description

Other Exchanges CTRNF:USAYES:Canada
Address 895 Don Mills Road, Suite 400, Morneau Shepell Centre II, Toronto, ON, CAN, M3C 1W3
CHAR Technologies Ltd. is a Canada-based cleantech development and environmental services company. The Company is specialized in high temperature pyrolysis (HTP), converting woody biomass and organic materials into renewable energy (renewable natural gas (RNG) or green hydrogen) and valuable biocarbon (biocoal CleanFyre, biochar, or activated biochar SulfaCHAR). Its additional services include environmental compliance, environmental management, engineering and resource efficiency. The Company's subsidiaries include Char Biocarbon Inc., Altech Environmental Consulting Ltd., Char Technologies Thorold Inc., and Char Technologies USA.
31GF Score

Get the complete analysis for FRA:68K

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

€0.18
Price
€0.17
GF Value