Tokai Carbon Co (FRA:7TC) Cyclically Adjusted PB Ratio: 1.43 (As of Jul. 22, 2026) — Near Median

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FRA:7TC Tokai Carbon Co Ltd FRA:7TC
75 GF Score
Price €8.75
GF Value €5.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Tokai Carbon Co Cyclically Adjusted PB Ratio?

Tokai Carbon Co FRA:7TC +1.74% 75 Cyclically Adjusted PB Ratio is 1.43 as of Jul. 22, 2026, which is 3% below its 10-year median of 1.48. GuruFocus rates FRA:7TC with a GF Score™ of 75/100 and a GF Value™ of €5.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,273 Chemicals companies, Tokai Carbon Co ranks better than 55.46% on this metric.

As of today (2026-07-22), Tokai Carbon Co's current share price is €8.75. Tokai Carbon Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €6.13. Tokai Carbon Co's Cyclically Adjusted PB Ratio for today is 1.43.

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

FRA:7TC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.48   Max: 4.18
Current: 1.43

During the past years, Tokai Carbon Co's highest Cyclically Adjusted PB Ratio was 4.18. The lowest was 0.75. And the median was 1.48.

FRA:7TC's Cyclically Adjusted PB Ratio is ranked better than
55.46% of 1273 companies
in the Chemicals industry
Industry Median: 1.65 vs FRA:7TC: 1.43

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.

Tokai Carbon Co's adjusted book value per share data for the three months ended in Dec. 2025 was €8.167. 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 €6.13 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokai Carbon Co  (FRA:7TC) 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.


Tokai Carbon Co Cyclically Adjusted PB Ratio Related Terms


Tokai Carbon Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co Cyclically Adjusted PB Ratio Chart

Tokai Carbon Co 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 1.70 1.33 1.12 0.88 0.86

Tokai Carbon Co 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 0.90 0.94 0.94 0.86 0.00

FRA:7TC vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:7TC
75GF Score
Tokai Carbon Co Ltd FRA:7TC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai Carbon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.75/6.13
=1.43

* 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.

Tokai Carbon Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Tokai Carbon Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=8.167/113.0000*113.0000
=8.167

Current CPI (Dec. 2025) = 113.0000.

Tokai Carbon Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 4.424 97.900 5.106
201606 4.232 98.100 4.875
201609 4.412 98.000 5.087
201612 4.255 98.400 4.886
201703 4.314 98.100 4.969
201706 4.422 98.500 5.073
201709 4.283 98.800 4.899
201712 4.435 99.400 5.042
201803 4.595 99.200 5.234
201806 5.922 99.200 6.746
201809 6.464 99.900 7.312
201812 6.878 99.700 7.796
201903 7.396 99.700 8.383
201906 7.904 99.800 8.949
201909 7.943 100.100 8.967
201912 8.198 100.500 9.218
202003 7.836 100.300 8.828
202006 7.724 99.900 8.737
202009 7.431 99.900 8.405
202012 7.477 99.300 8.509
202103 7.701 99.900 8.711
202106 7.756 99.500 8.808
202109 7.861 100.100 8.874
202112 8.359 100.100 9.436
202203 8.723 101.100 9.750
202206 8.744 101.800 9.706
202209 8.883 103.100 9.736
202212 8.823 104.100 9.577
202303 9.170 104.400 9.925
202306 9.790 105.200 10.516
202309 9.694 106.200 10.315
202312 9.693 106.800 10.256
202403 9.904 107.200 10.440
202406 10.066 108.200 10.513
202409 9.667 108.900 10.031
202412 8.409 110.700 8.584
202503 7.950 111.100 8.086
202506 7.717 111.700 7.807
202509 7.798 112.000 7.868
202512 8.167 113.000 8.167

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 1.43 mean?
Tokai Carbon Co (FRA:7TC) has a Cyclically Adjusted PB Ratio of 1.43 as of Jul. 22, 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 Tokai Carbon Co and its competitors. This is near median its historical median of 1.48. Over the past decade, Tokai Carbon Co's Cyclically Adjusted PB Ratio has ranged from 0.75 to 4.18. According to the industry distribution chart, Tokai Carbon Co ranks #567 out of 1273 companies in the Chemicals industry, placing it in the top 44.5%.
Is Tokai Carbon Co's Cyclically Adjusted PB Ratio too high?
Tokai Carbon Co's current Cyclically Adjusted PB Ratio of 1.43 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 4.18. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Tokai Carbon Co's value of 1.43 is 13.3% below this industry median. Based on the distribution chart, Tokai Carbon Co ranks #567 out of 1273 companies in the Chemicals industry, which is above the industry midpoint. Overall, Tokai Carbon Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #567 out of 1273 companies for Cyclically Adjusted PB Ratio. This puts Tokai Carbon Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Tokai Carbon Co's value of 1.43 is 13.3% below this benchmark. Historically, Tokai Carbon Co's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 4.18 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.65, Tokai Carbon Co has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,273 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. Tokai Carbon Co's current Cyclically Adjusted PB Ratio of 1.43 is 13.3% below 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 Tokai Carbon Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Carbon Co's current Cyclically Adjusted PB Ratio is 1.43, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (FRA:7TC) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.35, compared to a current price of €8.75 — trading 63.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.43, which is near median its 10-year median of 1.48 and 13.3% below the Chemicals industry median of 1.65. Tokai Carbon Co's overall GF Score™ is 75/100 with 5 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 Tokai Carbon Co (FRA:7TC), the current Cyclically Adjusted PB Ratio is 1.43 as of Jul. 22, 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 Tokai Carbon Co (FRA:7TC) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued. The current stock price of €8.75 is trading 63.6% above its estimated GF Value™ of €5.35. GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.

Key valuation signals for FRA:7TC:

  • Cyclically Adjusted PB Ratio: 1.43 (near median its 10-year median of 1.48)
  • GF Value™: €5.35 vs. price of €8.75 (63.6% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 13.3% below the Chemicals median (#567 of 1273)

No single metric tells the full story. See the FRA:7TC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokai Carbon Co Business Description

Address 1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
75GF Score

Get the complete analysis for FRA:7TC

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

€8.75
Price
€5.35
GF Value