Tree Island Steel (FRA:J5W) Cyclically Adjusted PB Ratio: 0.70 (As of Sep. 04, 2026) — 29% Below Median

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FRA:J5W Tree Island Steel Ltd FRA:J5W
54 GF Score
Price €1.52
GF Value €1.24
! 7 Warning Signs
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What is Tree Island Steel Cyclically Adjusted PB Ratio?

Tree Island Steel FRA:J5W -2.56% 54 Cyclically Adjusted PB Ratio is 0.70 as of Sep. 04, 2026, which is 29% below its 10-year median of 0.99. GuruFocus rates FRA:J5W with a GF Score™ of 54/100 and a GF Value™ of €1.24. The stock has 7 warning signs investors should review. Among 414 Steel companies, Tree Island Steel ranks better than 56.28% on this metric.

As of today (2026-09-04), Tree Island Steel's current share price is €1.52. Tree Island Steel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.16. Tree Island Steel's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for Tree Island Steel's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:J5W' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.99   Max: 3.1
Current: 0.72

During the past years, Tree Island Steel's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 0.59. And the median was 0.99.

FRA:J5W's Cyclically Adjusted PB Ratio is ranked better than
56.28% of 414 companies
in the Steel industry
Industry Median: 0.8 vs FRA:J5W: 0.72

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.

Tree Island Steel's adjusted book value per share data for the three months ended in Jun. 2026 was €2.573. 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 €2.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tree Island Steel  (FRA:J5W) 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.


Tree Island Steel Cyclically Adjusted PB Ratio Related Terms


Tree Island Steel Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tree Island Steel'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.

Tree Island Steel Cyclically Adjusted PB Ratio Chart

Tree Island Steel 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 2.32 1.32 1.23 1.00 0.85

Tree Island Steel 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 0.73 0.77 0.85 0.73 0.65

FRA:J5W vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:J5W
54GF Score
Tree Island Steel Ltd FRA:J5W
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tree Island Steel 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.

Tree Island Steel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.52/2.16
=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.

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

For example, Tree Island Steel'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)
=2.573/133.5265*133.5265
=2.573

Current CPI (Jun. 2026) = 133.5265.

Tree Island Steel Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.523 101.765 1.998
201612 1.569 101.449 2.065
201703 1.551 102.634 2.018
201706 1.484 103.029 1.923
201709 1.437 103.345 1.857
201712 1.323 103.345 1.709
201803 1.266 105.004 1.610
201806 1.367 105.557 1.729
201809 1.381 105.636 1.746
201812 1.314 105.399 1.665
201903 1.251 106.979 1.561
201906 1.232 107.690 1.528
201909 1.246 107.611 1.546
201912 1.153 107.769 1.429
202003 1.118 107.927 1.383
202006 1.138 108.401 1.402
202009 1.121 108.164 1.384
202012 1.148 108.559 1.412
202103 1.328 110.298 1.608
202106 1.550 111.720 1.853
202109 1.789 112.905 2.116
202112 3.225 113.774 3.785
202203 2.774 117.646 3.148
202206 3.184 120.806 3.519
202209 3.496 120.648 3.869
202212 3.147 120.964 3.474
202303 3.200 122.702 3.482
202306 3.265 124.203 3.510
202309 3.307 125.230 3.526
202312 3.210 125.072 3.427
202403 3.191 126.258 3.375
202406 3.222 127.522 3.374
202409 3.090 127.285 3.242
202412 3.003 127.364 3.148
202503 2.934 129.181 3.033
202506 2.856 129.892 2.936
202509 2.724 130.287 2.792
202512 2.590 130.366 2.653
202603 2.618 132.262 2.643
202606 2.573 133.527 2.573

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?
Tree Island Steel (FRA:J5W) has a Cyclically Adjusted PB Ratio of 0.70 as of Sep. 04, 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 Tree Island Steel and its competitors. This is 29% below median its historical median of 0.99. Over the past decade, Tree Island Steel's Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.10. According to the industry distribution chart, Tree Island Steel ranks #181 out of 414 companies in the Steel industry, placing it in the top 43.7%.
Is Tree Island Steel's Cyclically Adjusted PB Ratio too high?
Tree Island Steel's current Cyclically Adjusted PB Ratio of 0.70 is 29% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.10. The Steel industry median Cyclically Adjusted PB Ratio is 0.80. Tree Island Steel's value of 0.70 is 12.5% below this industry median. Based on the distribution chart, Tree Island Steel ranks #181 out of 414 companies in the Steel industry, which is above the industry midpoint. Overall, Tree Island Steel has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Tree Island Steel's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tree Island Steel ranks #181 out of 414 companies for Cyclically Adjusted PB Ratio. This puts Tree Island Steel in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.80. Tree Island Steel's value of 0.70 is 12.5% below this benchmark. Historically, Tree Island Steel's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 3.10 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.80, Tree Island Steel 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.80, based on 414 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. Tree Island Steel's current Cyclically Adjusted PB Ratio of 0.70 is 12.5% 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 Tree Island Steel and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tree Island Steel's current Cyclically Adjusted PB Ratio is 0.70, which is 29% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tree Island Steel stock overvalued right now?
Tree Island Steel (FRA:J5W) has a current Cyclically Adjusted PB Ratio of 0.70. The stock's GF Value™ is €1.24, compared to a current price of €1.52 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 29% below median its 10-year median of 0.99 and 12.5% below the Steel industry median of 0.80. Tree Island Steel's overall GF Score™ is 54/100 with 7 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 Tree Island Steel (FRA:J5W), the current Cyclically Adjusted PB Ratio is 0.70 as of Sep. 04, 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 Tree Island Steel (FRA:J5W) Overvalued in 2026?

Based on GuruFocus' analysis, Tree Island Steel stock appears to be overvalued. The current stock price of €1.52 is trading 22.6% above its estimated GF Value™ of €1.24.

Key valuation signals for FRA:J5W:

  • Cyclically Adjusted PB Ratio: 0.70 (29% below median its 10-year median of 0.99)
  • GF Value™: €1.24 vs. price of €1.52 (22.6% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 12.5% below the Steel median (#181 of 414)

No single metric tells the full story. See the FRA:J5W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tree Island Steel Business Description

Other Exchanges TWIRF:USATSL:Canada
Address 3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd is engaged in the manufacturing and sale of steel wire and fabricated steel wire products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated steel products. These products are offered under Tree Island, TI Wire, ToughStrand, ToughPanel, Halsteel, TrueSpec, and K-Lath brands. Tree Island groups its products into the following: Industrial, Commercial Construction, Agricultural, and Residential Construction, of which maximum revenue is generated from the Industrial category. Geographically, the company generates maximum revenue from Canada, and the rest from the United States, and other International markets.
54GF Score

Get the complete analysis for FRA:J5W

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

€1.52
Price
€1.24
GF Value