Apple International Co (FRA:D90) Cyclically Adjusted PB Ratio: 0.66 (As of Jul. 29, 2026) — Near Median

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FRA:D90 Apple International Co Ltd FRA:D90
81 GF Score
Price €2.08
GF Value €2.60
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Apple International Co Cyclically Adjusted PB Ratio?

Apple International Co FRA:D90 +2.97% 81 Cyclically Adjusted PB Ratio is 0.66 as of Jul. 29, 2026, which is 8% above its 10-year median of 0.61. GuruFocus rates FRA:D90 with a GF Score™ of 81/100 and a GF Value™ of €2.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,026 Vehicles & Parts companies, Apple International Co ranks better than 73% on this metric.

As of today (2026-07-29), Apple International Co's current share price is €2.08. Apple International Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €3.13. Apple International Co's Cyclically Adjusted PB Ratio for today is 0.66.

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

FRA:D90' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.61   Max: 1.14
Current: 0.65

During the past years, Apple International Co's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.25. And the median was 0.61.

FRA:D90's Cyclically Adjusted PB Ratio is ranked better than
73% of 1026 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs FRA:D90: 0.65

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.

Apple International Co's adjusted book value per share data for the three months ended in Dec. 2025 was €4.380. 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 €3.13 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apple International Co  (FRA:D90) 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.


Apple International Co Cyclically Adjusted PB Ratio Related Terms


Apple International Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Apple International 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.

Apple International Co Cyclically Adjusted PB Ratio Chart

Apple International 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 0.52 0.78 0.80 0.78 0.57

Apple International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.73 0.60 0.60 0.57 0.00

FRA:D90 vs CVNA, PAG, KMX: Cyclically Adjusted PB Ratio Comparison

For the Auto & Truck Dealerships subindustry, Apple International 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.


Apple International Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Apple International Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:D90
81GF Score
Apple International Co Ltd FRA:D90
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apple International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.08/3.13
=0.66

* 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.

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

For example, Apple International 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)
=4.38/113.0000*113.0000
=4.380

Current CPI (Dec. 2025) = 113.0000.

Apple International Co Quarterly Data

Book Value per Share CPI Adj_Book
201512 3.502 98.100 4.034
201603 3.855 97.900 4.450
201606 4.536 98.100 5.225
201609 4.824 98.000 5.562
201612 4.529 98.400 5.201
201703 4.566 98.100 5.260
201706 4.182 98.500 4.798
201709 3.998 98.800 4.573
201712 3.978 99.400 4.522
201803 4.008 99.200 4.566
201806 3.153 99.200 3.592
201809 3.158 99.900 3.572
201812 3.222 99.700 3.652
201903 3.260 99.700 3.695
201906 3.394 99.800 3.843
201909 3.508 100.100 3.960
201912 3.451 100.500 3.880
202003 3.486 100.300 3.927
202006 3.483 99.900 3.940
202009 3.449 99.900 3.901
202012 3.468 99.300 3.946
202103 3.472 99.900 3.927
202106 3.417 99.500 3.881
202109 3.493 100.100 3.943
202112 3.594 100.100 4.057
202203 3.727 101.100 4.166
202206 3.548 101.800 3.938
202209 3.958 103.100 4.338
202212 4.044 104.100 4.390
202303 4.177 104.400 4.521
202306 4.165 105.200 4.474
202309 4.167 106.200 4.434
202312 4.184 106.800 4.427
202403 4.150 107.200 4.375
202406 4.116 108.200 4.299
202412 4.636 110.700 4.732
202503 4.554 111.100 4.632
202506 4.418 111.700 4.469
202509 4.365 112.000 4.404
202512 4.380 113.000 4.380

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 0.66 mean?
Apple International Co (FRA:D90) has a Cyclically Adjusted PB Ratio of 0.66 as of Jul. 29, 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 Apple International Co and its competitors. This is near median its historical median of 0.61. Over the past decade, Apple International Co's Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.14. According to the industry distribution chart, Apple International Co ranks #277 out of 1026 companies in the Vehicles & Parts industry, placing it in the top 27%.
Is Apple International Co's Cyclically Adjusted PB Ratio too high?
Apple International Co's current Cyclically Adjusted PB Ratio of 0.66 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.14. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Apple International Co's value of 0.66 is 48% below this industry median. Based on the distribution chart, Apple International Co ranks #277 out of 1026 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Apple International Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apple International Co's Cyclically Adjusted PB Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Apple International Co ranks #277 out of 1026 companies for Cyclically Adjusted PB Ratio. This puts Apple International Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Apple International Co's value of 0.66 is 48% below this benchmark. Historically, Apple International Co's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.14 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.27, Apple International 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,026 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. Apple International Co's current Cyclically Adjusted PB Ratio of 0.66 is 48% 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 Apple International Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple International Co's current Cyclically Adjusted PB Ratio is 0.66, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple International Co stock overvalued right now?
Based on GuruFocus' analysis, Apple International Co (FRA:D90) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.60, compared to a current price of €2.08 — trading 20% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is near median its 10-year median of 0.61 and 48% below the Vehicles & Parts industry median of 1.27. Apple International Co's overall GF Score™ is 81/100 with 4 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 Apple International Co (FRA:D90), the current Cyclically Adjusted PB Ratio is 0.66 as of Jul. 29, 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 Apple International Co (FRA:D90) Overvalued in 2026?

Based on GuruFocus' analysis, Apple International Co stock appears to be undervalued. The current stock price of €2.08 is trading 20% below its estimated GF Value™ of €2.60. GuruFocus considers Apple International Co to be Modestly Undervalued.

Key valuation signals for FRA:D90:

  • Cyclically Adjusted PB Ratio: 0.66 (near median its 10-year median of 0.61)
  • GF Value™: €2.60 vs. price of €2.08 (20% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 48% below the Vehicles & Parts median (#277 of 1026)

No single metric tells the full story. See the FRA:D90 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apple International Co Business Description

Other Exchanges 2788:Japan
Address No.3-3 Yokkaichi, Mie Prefecture Hinaga 2-chome, Yokkaichi-shi, JPN, 510-0885
Apple International Co Ltd is a second-hand car exporter. Its purchase and sales used cars. It exports used cars and related auto-parts to South-Eastern countries.
81GF Score

Get the complete analysis for FRA:D90

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

€2.08
Price
€2.60
GF Value