eREX Co (FRA:6HF) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 13, 2026) — Near Median

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FRA:6HF eREX Co Ltd FRA:6HF
54 GF Score
Price €4.42
GF Value €2.45
! 3 Warning Signs
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What is eREX Co Cyclically Adjusted PB Ratio?

eREX Co FRA:6HF -3.91% 54 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 13, 2026, which is at its 10-year median of 1.17. GuruFocus rates FRA:6HF with a GF Score™ of 54/100 and a GF Value™ of €2.45. The stock has 3 warning signs investors should review. Among 274 Utilities - Independent Power Producers companies, eREX Co ranks worse than 52.19% on this metric.

As of today (2026-08-13), eREX Co's current share price is €4.42. eREX Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.77. eREX Co's Cyclically Adjusted PB Ratio for today is 1.17.

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

FRA:6HF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.17   Max: 1.53
Current: 1.23

During the past years, eREX Co's highest Cyclically Adjusted PB Ratio was 1.53. The lowest was 0.89. And the median was 1.17.

FRA:6HF's Cyclically Adjusted PB Ratio is ranked worse than
52.19% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.095 vs FRA:6HF: 1.23

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.

eREX Co's adjusted book value per share data for the three months ended in Mar. 2026 was €4.917. 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 €3.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


eREX Co  (FRA:6HF) 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.


eREX Co Cyclically Adjusted PB Ratio Related Terms


eREX Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for eREX Co'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.

eREX Co Cyclically Adjusted PB Ratio Chart

eREX Co 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 0.00 0.00 0.00 1.27 1.38

eREX Co 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 1.15 1.10 0.89 1.38 0.00

eREX Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, eREX Co'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.


eREX Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, eREX Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:6HF
54GF Score
eREX Co Ltd FRA:6HF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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eREX Co 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.

eREX Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.42/3.77
=1.17

* 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.

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

For example, eREX Co'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)
=4.917/112.7000*112.7000
=4.917

Current CPI (Mar. 2026) = 112.7000.

eREX Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.393 98.100 2.749
201609 2.527 98.000 2.906
201612 2.211 98.400 2.532
201703 2.189 98.100 2.515
201706 2.252 98.500 2.577
201709 2.267 98.800 2.586
201712 2.311 99.400 2.620
201803 2.163 99.200 2.457
201806 2.409 99.200 2.737
201809 2.521 99.900 2.844
201812 2.630 99.700 2.973
201903 3.058 99.700 3.457
201906 3.189 99.800 3.601
201909 3.877 100.100 4.365
201912 3.901 100.500 4.375
202003 4.320 100.300 4.854
202006 4.195 99.900 4.732
202009 4.298 99.900 4.849
202012 5.315 99.300 6.032
202103 5.776 99.900 6.516
202106 5.651 99.500 6.401
202109 6.337 100.100 7.135
202112 6.913 100.100 7.783
202203 7.215 101.100 8.043
202206 7.118 101.800 7.880
202209 7.581 103.100 8.287
202212 7.226 104.100 7.823
202303 7.150 104.400 7.718
202306 6.710 105.200 7.188
202309 5.914 106.200 6.276
202312 5.235 106.800 5.524
202403 4.975 107.200 5.230
202406 5.084 108.200 5.295
202409 5.065 108.900 5.242
202412 5.564 110.700 5.665
202503 5.108 111.100 5.182
202506 4.754 111.700 4.797
202509 4.794 112.000 4.824
202512 4.760 113.000 4.747
202603 4.917 112.700 4.917

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 1.17 mean?
eREX Co (FRA:6HF) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 13, 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 eREX Co and its competitors. This is near median its historical median of 1.17. Over the past decade, eREX Co's Cyclically Adjusted PB Ratio has ranged from 0.89 to 1.53. According to the industry distribution chart, eREX Co ranks #143 out of 274 companies in the Utilities - Independent Power Producers industry, placing it in the top 52.2%.
Is eREX Co's Cyclically Adjusted PB Ratio too high?
eREX Co's current Cyclically Adjusted PB Ratio of 1.17 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 1.53. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.10. eREX Co's value of 1.17 is 6.8% above this industry median. Based on the distribution chart, eREX Co ranks #143 out of 274 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, eREX Co has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does eREX Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, eREX Co ranks #143 out of 274 companies for Cyclically Adjusted PB Ratio. This places eREX Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. eREX Co's value of 1.17 is 6.8% above this benchmark. Historically, eREX Co's own Cyclically Adjusted PB Ratio has ranged from 0.89 to 1.53 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.10, eREX Co 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 Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.10, based on 274 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. eREX Co's current Cyclically Adjusted PB Ratio of 1.17 is 6.8% 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 eREX Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eREX Co's current Cyclically Adjusted PB Ratio is 1.17, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eREX Co stock overvalued right now?
eREX Co (FRA:6HF) has a current Cyclically Adjusted PB Ratio of 1.17. The stock's GF Value™ is €2.45, compared to a current price of €4.42 — trading 80.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is near median its 10-year median of 1.17 and 6.8% above the Utilities - Independent Power Producers industry median of 1.10. eREX Co's overall GF Score™ is 54/100 with 3 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 eREX Co (FRA:6HF), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 13, 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 eREX Co (FRA:6HF) Overvalued in 2026?

Based on GuruFocus' analysis, eREX Co stock appears to be overvalued. The current stock price of €4.42 is trading 80.4% above its estimated GF Value™ of €2.45.

Key valuation signals for FRA:6HF:

  • Cyclically Adjusted PB Ratio: 1.17 (near median its 10-year median of 1.17)
  • GF Value™: €2.45 vs. price of €4.42 (80.4% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 6.8% above the Utilities - Independent Power Producers median (#143 of 274)

No single metric tells the full story. See the FRA:6HF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eREX Co Business Description

Other Exchanges 9517:Japan
Address 2-2-1 Kyobashi, 14th Floor, Kyobashi Edglan, Chuo-ku, Tokyo, JPN, 104-0031
eREX Co Ltd is a holding company that engages in the electrical power business. Its services include retail sales of power, power market transactions, and power development. In its electric power retail business, it involves in the retail of electric power at an inexpensive price than electric utilities. In its power supplies development business, it involves the planning, design, and construction of power-generating equipment.
54GF Score

Get the complete analysis for FRA:6HF

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

€4.42
Price
€2.45
GF Value