Tecnoglass (FRA:R0P) Cyclically Adjusted PB Ratio: 5.90 (As of Jul. 17, 2026) — 29% Below Median

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FRA:R0P Tecnoglass Inc FRA:R0P
81 GF Score
Price €39.60
GF Value €57.61
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Tecnoglass Cyclically Adjusted PB Ratio?

Tecnoglass FRA:R0P +2.86% 81 Cyclically Adjusted PB Ratio is 5.90 as of Jul. 17, 2026, which is 29% below its 10-year median of 8.29. GuruFocus rates FRA:R0P with a GF Score™ of 81/100 and a GF Value™ of €57.61 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 325 Building Materials companies, Tecnoglass ranks worse than 91.69% on this metric.

As of today (2026-07-17), Tecnoglass's current share price is €39.60. Tecnoglass's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.71. Tecnoglass's Cyclically Adjusted PB Ratio for today is 5.90.

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

FRA:R0P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.05   Med: 8.29   Max: 14.36
Current: 5.85

During the past years, Tecnoglass's highest Cyclically Adjusted PB Ratio was 14.36. The lowest was 4.05. And the median was 8.29.

FRA:R0P's Cyclically Adjusted PB Ratio is ranked worse than
91.69% of 325 companies
in the Building Materials industry
Industry Median: 1.08 vs FRA:R0P: 5.85

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.

Tecnoglass's adjusted book value per share data for the three months ended in Mar. 2026 was €14.335. 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 €6.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecnoglass  (FRA:R0P) 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.


Tecnoglass Cyclically Adjusted PB Ratio Related Terms


Tecnoglass Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tecnoglass'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.

Tecnoglass Cyclically Adjusted PB Ratio Chart

Tecnoglass 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 6.85 6.67 9.11 12.97 6.70

Tecnoglass 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 11.09 11.37 9.32 6.70 5.56

FRA:R0P vs RMIX, MCEM, USLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Tecnoglass'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.


Tecnoglass Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


FRA:R0P
81GF Score
Tecnoglass Inc FRA:R0P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnoglass 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.

Tecnoglass's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.60/6.71
=5.90

* 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.

Tecnoglass's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tecnoglass'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)
=14.335/330.2130*330.2130
=14.335

Current CPI (Mar. 2026) = 330.2130.

Tecnoglass Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.497 241.018 3.421
201609 2.829 241.428 3.869
201612 3.246 241.432 4.440
201703 3.355 243.801 4.544
201706 2.929 244.955 3.948
201709 2.983 246.819 3.991
201712 2.917 246.524 3.907
201803 3.182 249.554 4.210
201806 3.297 251.989 4.320
201809 3.340 252.439 4.369
201812 3.054 251.233 4.014
201903 3.521 254.202 4.574
201906 3.562 256.143 4.592
201909 3.355 256.759 4.315
201912 3.642 256.974 4.680
202003 2.811 258.115 3.596
202006 3.180 257.797 4.073
202009 3.040 260.280 3.857
202012 3.586 260.474 4.546
202103 3.585 264.877 4.469
202106 3.833 271.696 4.659
202109 4.203 274.310 5.060
202112 4.527 278.802 5.362
202203 5.292 287.504 6.078
202206 5.676 296.311 6.325
202209 6.610 296.808 7.354
202212 6.907 296.797 7.685
202303 7.812 301.836 8.546
202306 9.214 305.109 9.972
202309 10.219 307.789 10.964
202312 10.693 306.746 11.511
202403 11.230 312.332 11.873
202406 11.363 314.175 11.943
202409 11.758 315.301 12.314
202412 12.827 315.605 13.421
202503 13.487 319.799 13.926
202506 13.581 322.561 13.903
202509 13.977 324.800 14.210
202512 13.611 324.054 13.870
202603 14.335 330.213 14.335

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 5.90 mean?
Tecnoglass (FRA:R0P) has a Cyclically Adjusted PB Ratio of 5.90 as of Jul. 17, 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 Tecnoglass and its competitors. This is 29% below median its historical median of 8.29. Over the past decade, Tecnoglass' Cyclically Adjusted PB Ratio has ranged from 4.05 to 14.36. According to the industry distribution chart, Tecnoglass ranks #298 out of 325 companies in the Building Materials industry, placing it in the top 91.7%.
Is Tecnoglass' Cyclically Adjusted PB Ratio too high?
Tecnoglass' current Cyclically Adjusted PB Ratio of 5.90 is 29% below median its 10-year median of 8.29. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 14.36. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.08. Tecnoglass' value of 5.90 is 446.3% above this industry median. Based on the distribution chart, Tecnoglass ranks #298 out of 325 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tecnoglass has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tecnoglass' Cyclically Adjusted PB Ratio compare to RMIX and MCEM?
According to the Building Materials industry distribution chart, Tecnoglass ranks #298 out of 325 companies for Cyclically Adjusted PB Ratio. This places Tecnoglass in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Tecnoglass' value of 5.90 is 446.3% above this benchmark. Historically, Tecnoglass' own Cyclically Adjusted PB Ratio has ranged from 4.05 to 14.36 over the past decade. While the company's 10-year median is 8.29 vs. the industry median of 1.08, Tecnoglass has consistently been above 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.08, based on 325 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. Tecnoglass's current Cyclically Adjusted PB Ratio of 5.90 is 446.3% above 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 Tecnoglass and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnoglass's current Cyclically Adjusted PB Ratio is 5.90, which is 29% below median its own 10-year median of 8.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnoglass stock overvalued right now?
Based on GuruFocus' analysis, Tecnoglass (FRA:R0P) is currently considered Possible Value Trap. The stock's GF Value™ is €57.61, compared to a current price of €39.60 — trading 31.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.90, which is 29% below median its 10-year median of 8.29 and 446.3% above the Building Materials industry median of 1.08. Tecnoglass' overall GF Score™ is 81/100 with 2 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 Tecnoglass (FRA:R0P), the current Cyclically Adjusted PB Ratio is 5.90 as of Jul. 17, 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 Tecnoglass (FRA:R0P) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnoglass stock appears to be undervalued. The current stock price of €39.60 is trading 31.3% below its estimated GF Value™ of €57.61. GuruFocus considers Tecnoglass to be Possible Value Trap.

Key valuation signals for FRA:R0P:

  • Cyclically Adjusted PB Ratio: 5.90 (29% below median its 10-year median of 8.29)
  • GF Value™: €57.61 vs. price of €39.60 (31.3% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 446.3% above the Building Materials median (#298 of 325)

No single metric tells the full story. See the FRA:R0P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecnoglass Business Description

Other Exchanges TGLS:USA
Address Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores, Barranquilla, COL
Tecnoglass Inc is a manufacturer of hi-spec architectural glass and windows for residential and commercial construction industries, operating through its direct and indirect subsidiaries. Its product offerings include tempered glass, laminated glass, thermo-acoustic glass, sliding windows, projecting windows, guillotine windows, sliding doors, loating facades, automatic doors, bathroom dividers, and commercial display windows, among others. The company has one operating segment, Architectural Glass and Windows, which is also its reporting segment. Geographically, the company generates maximum revenue from its customers in the United States, followed by Colombia, Panama, and other regions.
81GF Score

Get the complete analysis for FRA:R0P

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

€39.60
Price
€57.61
GF Value