Toa (Electric Appliances) (FRA:F7N) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 23, 2026) — 44% Above Median

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FRA:F7N Toa Corporation (Electric Appliances) FRA:F7N
80 GF Score
Price €8.90
GF Value €6.80
! 1 Warning Sign
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What is Toa (Electric Appliances) Cyclically Adjusted PB Ratio?

Toa (Electric Appliances) FRA:F7N -1.02% 80 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 23, 2026, which is 44% above its 10-year median of 0.78. GuruFocus rates FRA:F7N with a GF Score™ of 80/100 and a GF Value™ of €6.80. The stock has 1 warning sign investors should review. Among 711 Business Services companies, Toa (Electric Appliances) ranks better than 61.32% on this metric.

As of today (2026-08-23), Toa (Electric Appliances)'s current share price is €8.902. Toa (Electric Appliances)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.98. Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:F7N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.78   Max: 1.34
Current: 1.13

During the past years, Toa (Electric Appliances)'s highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.55. And the median was 0.78.

FRA:F7N's Cyclically Adjusted PB Ratio is ranked better than
61.32% of 711 companies
in the Business Services industry
Industry Median: 1.52 vs FRA:F7N: 1.13

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.

Toa (Electric Appliances)'s adjusted book value per share data for the three months ended in Mar. 2026 was €7.779. 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 €7.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toa (Electric Appliances)  (FRA:F7N) 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.


Toa (Electric Appliances) Cyclically Adjusted PB Ratio Related Terms


Toa (Electric Appliances) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toa (Electric Appliances)'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.

Toa (Electric Appliances) Cyclically Adjusted PB Ratio Chart

Toa (Electric Appliances) 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 0.57 0.64 0.86 0.64 1.17

Toa (Electric Appliances) 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 0.69 0.81 1.07 1.17 0.00

FRA:F7N vs ALLE, MSA, ADT: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, Toa (Electric Appliances)'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.


Toa (Electric Appliances) Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio falls into.


FRA:F7N
80GF Score
Toa Corporation (Electric Appliances) FRA:F7N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toa (Electric Appliances) 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.

Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.902/7.98
=1.12

* 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.

Toa (Electric Appliances)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Toa (Electric Appliances)'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)
=7.779/112.7000*112.7000
=7.779

Current CPI (Mar. 2026) = 112.7000.

Toa (Electric Appliances) Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.553 98.100 10.975
201609 9.899 98.000 11.384
201612 9.247 98.400 10.591
201703 9.840 98.100 11.304
201706 9.324 98.500 10.668
201709 9.069 98.800 10.345
201712 9.254 99.400 10.492
201803 9.825 99.200 11.162
201806 9.835 99.200 11.173
201809 9.795 99.900 11.050
201812 9.710 99.700 10.976
201903 10.160 99.700 11.485
201906 10.358 99.800 11.697
201909 10.802 100.100 12.162
201912 10.582 100.500 11.867
202003 10.608 100.300 11.919
202006 10.273 99.900 11.589
202009 10.315 99.900 11.637
202012 10.509 99.300 11.927
202103 10.551 99.900 11.903
202106 10.446 99.500 11.832
202109 10.956 100.100 12.335
202112 11.177 100.100 12.584
202203 10.521 101.100 11.728
202206 9.796 101.800 10.845
202209 10.023 103.100 10.956
202212 10.018 104.100 10.846
202303 10.045 104.400 10.844
202306 9.420 105.200 10.092
202309 9.323 106.200 9.894
202312 9.589 106.800 10.119
202403 9.517 107.200 10.005
202406 9.155 108.200 9.536
202409 10.079 108.900 10.431
202412 9.828 110.700 10.006
202503 10.218 111.100 10.365
202506 9.527 111.700 9.612
202509 9.248 112.000 9.306
202512 8.665 113.000 8.642
202603 7.779 112.700 7.779

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 1.12 mean?
Toa (Electric Appliances) (FRA:F7N) has a Cyclically Adjusted PB Ratio of 1.12 as of Aug. 23, 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 Toa (Electric Appliances) and its competitors. This is 44% above median its historical median of 0.78. Over the past decade, Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.34. According to the industry distribution chart, Toa (Electric Appliances) ranks #275 out of 711 companies in the Business Services industry, placing it in the top 38.7%.
Is Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio too high?
Toa (Electric Appliances)'s current Cyclically Adjusted PB Ratio of 1.12 is 44% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.34. The Business Services industry median Cyclically Adjusted PB Ratio is 1.52. Toa (Electric Appliances)'s value of 1.12 is 26.3% below this industry median. Based on the distribution chart, Toa (Electric Appliances) ranks #275 out of 711 companies in the Business Services industry, which is above the industry midpoint. Overall, Toa (Electric Appliances) has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Cyclically Adjusted PB Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toa (Electric Appliances) ranks #275 out of 711 companies for Cyclically Adjusted PB Ratio. This puts Toa (Electric Appliances) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Toa (Electric Appliances)'s value of 1.12 is 26.3% below this benchmark. Historically, Toa (Electric Appliances)'s own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.34 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.52, Toa (Electric Appliances) 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.52, based on 711 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. Toa (Electric Appliances)'s current Cyclically Adjusted PB Ratio of 1.12 is 26.3% 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 Toa (Electric Appliances) and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa (Electric Appliances)'s current Cyclically Adjusted PB Ratio is 1.12, which is 44% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Toa (Electric Appliances) (FRA:F7N) has a current Cyclically Adjusted PB Ratio of 1.12. The stock's GF Value™ is €6.80, compared to a current price of €8.90 — trading 30.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 44% above median its 10-year median of 0.78 and 26.3% below the Business Services industry median of 1.52. Toa (Electric Appliances)'s overall GF Score™ is 80/100 with 1 warning sign 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 Toa (Electric Appliances) (FRA:F7N), the current Cyclically Adjusted PB Ratio is 1.12 as of Aug. 23, 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 Toa (Electric Appliances) (FRA:F7N) Overvalued in 2026?

Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued. The current stock price of €8.90 is trading 30.9% above its estimated GF Value™ of €6.80.

Key valuation signals for FRA:F7N:

  • Cyclically Adjusted PB Ratio: 1.12 (44% above median its 10-year median of 0.78)
  • GF Value™: €6.80 vs. price of €8.90 (30.9% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 26.3% below the Business Services median (#275 of 711)

No single metric tells the full story. See the FRA:F7N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toa (Electric Appliances) Business Description

Other Exchanges 6809:Japan
Address No. 2-1, Minato Nakamachi 7-chome, Chuo-ku, Hyog, Kobe, JPN, 650-0046
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
80GF Score

Get the complete analysis for FRA:F7N

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

€8.90
Price
€6.80
GF Value