Toya (FRA:6PJ) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:6PJ Toya SA FRA:6PJ
95 GF Score
Price €2.28
GF Value €2.17
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Toya Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Toya  (FRA:6PJ) 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.


Toya Cyclically Adjusted PB Ratio Related Terms


Toya Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toya'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.

Toya Cyclically Adjusted PB Ratio Chart

Toya 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 2.76 1.44 2.10 1.57 1.89

Toya 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 1.89 2.01 1.96 1.62 1.74

FRA:6PJ vs SNA, RBC, LECO: Cyclically Adjusted PB Ratio Comparison

For the Tools & Accessories subindustry, Toya'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.


Toya Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


FRA:6PJ
95GF Score
Toya SA FRA:6PJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toya 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.

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

For example, Toya'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)
=1.94/162.2800*162.2800
=1.940

Current CPI (Jun. 2026) = 162.2800.

Toya Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.474 99.064 0.776
201612 0.488 100.366 0.789
201703 0.535 101.018 0.859
201706 0.565 101.180 0.906
201709 0.521 101.343 0.834
201712 0.560 102.564 0.886
201803 0.590 102.564 0.934
201806 0.508 103.378 0.797
201809 0.547 103.378 0.859
201812 0.573 103.785 0.896
201903 0.608 104.274 0.946
201906 0.651 105.983 0.997
201909 0.674 105.983 1.032
201912 0.716 107.123 1.085
202003 0.722 109.076 1.074
202006 0.785 109.402 1.164
202009 0.639 109.320 0.949
202012 0.695 109.565 1.029
202103 0.748 112.658 1.077
202106 0.764 113.960 1.088
202109 0.815 115.588 1.144
202112 0.874 119.088 1.191
202203 0.936 125.031 1.215
202206 0.979 131.705 1.206
202209 1.006 135.531 1.205
202212 1.055 139.113 1.231
202303 1.088 145.950 1.210
202306 1.168 147.009 1.289
202309 1.204 146.113 1.337
202312 1.288 147.741 1.415
202403 1.348 149.044 1.468
202406 1.413 150.997 1.519
202409 1.471 153.439 1.556
202412 1.526 154.660 1.601
202503 1.612 157.021 1.666
202506 1.645 157.509 1.695
202509 1.694 158.000 1.740
202512 1.779 158.320 1.823
202603 1.843 163.070 1.834
202606 1.940 162.280 1.940

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.

Is Toya (FRA:6PJ) Overvalued in 2026?

Based on GuruFocus' analysis, Toya stock appears to be overvalued. The current stock price of €2.28 is trading 4.8% above its estimated GF Value™ of €2.17. GuruFocus considers Toya to be Fairly Valued.

Key valuation signals for FRA:6PJ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.17 vs. price of €2.28 (4.8% above fair value)
  • GF Score™: 95/100 with 8 warning signs

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


Toya Business Description

Other Exchanges TOA:Poland
Address Ul. Sollysowicka 13-15, Wroclaw, POL
Toya SA is Poland based producer and distributor of hand tools and power tools operating in an international market. The product offerings of the company include Spanners, Sockets, accessories & sets, Impact sockets & impact accessories, Pliers & pipe wrenches, Electrician tools, Hammers and Cutting tools among others.
95GF Score

Get the complete analysis for FRA:6PJ

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

€2.28
Price
€2.17
GF Value