Apple International Co (FRA:D90) Cyclically Adjusted PB Ratio: 0.70 (As of Sep. 06, 2026) — 15% Above Median

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FRA:D90 Apple International Co Ltd FRA:D90
84 GF Score
Price €2.26
GF Value €2.11
Valuation Fairly Valued
! 5 Warning Signs
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What is Apple International Co Cyclically Adjusted PB Ratio?

Apple International Co FRA:D90 +4.63% 84 Cyclically Adjusted PB Ratio is 0.70 as of Sep. 06, 2026, which is 15% above its 10-year median of 0.61. GuruFocus rates FRA:D90 with a GF Score™ of 84/100 and a GF Value™ of €2.11 (Fairly Valued). The stock has 5 warning signs investors should review. Among 925 Vehicles & Parts companies, Apple International Co ranks better than 70.16% on this metric.

As of today (2026-09-06), Apple International Co's current share price is €2.26. Apple International Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €3.23. Apple International Co's Cyclically Adjusted PB Ratio for today is 0.70.

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: 0.69

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
70.16% of 925 companies
in the Vehicles & Parts industry
Industry Median: 1.22 vs FRA:D90: 0.69

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 Jun. 2026 was €4.467. 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 €3.23 for the trailing ten years ended in Jun. 2026.

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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.60 0.60 0.57 0.58 0.60

FRA:D90 vs CVNA, PAG, ALTB: 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
84GF 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
=2.26/3.23
=0.70

* 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 Jun. 2026 is calculated as:

For example, Apple International Co'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)
=4.467/113.6000*113.6000
=4.467

Current CPI (Jun. 2026) = 113.6000.

Apple International Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.536 98.100 5.253
201609 4.824 98.000 5.592
201612 4.529 98.400 5.229
201703 4.566 98.100 5.287
201706 4.182 98.500 4.823
201709 3.998 98.800 4.597
201712 3.978 99.400 4.546
201803 4.008 99.200 4.590
201806 3.153 99.200 3.611
201809 3.158 99.900 3.591
201812 3.222 99.700 3.671
201903 3.260 99.700 3.715
201906 3.394 99.800 3.863
201909 3.508 100.100 3.981
201912 3.451 100.500 3.901
202003 3.486 100.300 3.948
202006 3.483 99.900 3.961
202009 3.449 99.900 3.922
202012 3.468 99.300 3.967
202103 3.472 99.900 3.948
202106 3.417 99.500 3.901
202109 3.493 100.100 3.964
202112 3.594 100.100 4.079
202203 3.727 101.100 4.188
202206 3.548 101.800 3.959
202209 3.958 103.100 4.361
202212 4.044 104.100 4.413
202303 4.177 104.400 4.545
202306 4.165 105.200 4.498
202309 4.167 106.200 4.457
202312 4.184 106.800 4.450
202403 4.150 107.200 4.398
202406 4.116 108.200 4.321
202412 4.636 110.700 4.757
202503 4.554 111.100 4.656
202506 4.418 111.700 4.493
202509 4.365 112.000 4.427
202512 4.380 113.000 4.403
202603 4.434 112.700 4.469
202606 4.467 113.600 4.467

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 0.70 mean?
Apple International Co (FRA:D90) has a Cyclically Adjusted PB Ratio of 0.70 as of Sep. 06, 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 15% above 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 #276 out of 925 companies in the Vehicles & Parts industry, placing it in the top 29.8%.
Is Apple International Co's Cyclically Adjusted PB Ratio too high?
Apple International Co's current Cyclically Adjusted PB Ratio of 0.70 is 15% above 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 1.22. Apple International Co's value of 0.70 is 42.6% below this industry median. Based on the distribution chart, Apple International Co ranks #276 out of 925 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Apple International Co has a GF Score™ of 84/100 and is considered Fairly Valued, 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 #276 out of 925 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 1.22. Apple International Co's value of 0.70 is 42.6% 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 1.22, 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 1.22, based on 925 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 0.70 is 42.6% 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 1.22 — 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 0.70, which is 15% above 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 Fairly Valued. The stock's GF Value™ is €2.11, compared to a current price of €2.26 — trading 7.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 15% above median its 10-year median of 0.61 and 42.6% below the Vehicles & Parts industry median of 1.22. Apple International Co's overall GF Score™ is 84/100 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 Apple International Co (FRA:D90), the current Cyclically Adjusted PB Ratio is 0.70 as of Sep. 06, 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 overvalued. The current stock price of €2.26 is trading 7.1% above its estimated GF Value™ of €2.11. GuruFocus considers Apple International Co to be Fairly Valued.

Key valuation signals for FRA:D90:

  • Cyclically Adjusted PB Ratio: 0.70 (15% above median its 10-year median of 0.61)
  • GF Value™: €2.11 vs. price of €2.26 (7.1% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 42.6% below the Vehicles & Parts median (#276 of 925)

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.
84GF 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.

€2.26
Price
€2.11
GF Value