Teijin (FRA:TIJ) Cyclically Adjusted PB Ratio: 0.76 (As of Aug. 15, 2026) — 15% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:TIJ Teijin Ltd FRA:TIJ
61 GF Score
Price €9.50
GF Value €6.50
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Teijin Cyclically Adjusted PB Ratio?

Teijin FRA:TIJ -1.04% 61 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 15, 2026, which is 15% below its 10-year median of 0.89. GuruFocus rates FRA:TIJ with a GF Score™ of 61/100 and a GF Value™ of €6.50 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 458 Conglomerates companies, Teijin ranks better than 61.57% on this metric.

As of today (2026-08-15), Teijin's current share price is €9.50. Teijin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €12.51. Teijin's Cyclically Adjusted PB Ratio for today is 0.76.

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

FRA:TIJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.89   Max: 1.63
Current: 0.77

During the past years, Teijin's highest Cyclically Adjusted PB Ratio was 1.63. The lowest was 0.49. And the median was 0.89.

FRA:TIJ's Cyclically Adjusted PB Ratio is ranked better than
61.57% of 458 companies
in the Conglomerates industry
Industry Median: 1.015 vs FRA:TIJ: 0.77

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.

Teijin's adjusted book value per share data for the three months ended in Mar. 2026 was €10.298. 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 €12.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teijin  (FRA:TIJ) 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.


Teijin Cyclically Adjusted PB Ratio Related Terms


Teijin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Teijin'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.

Teijin Cyclically Adjusted PB Ratio Chart

Teijin 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 0.74 0.70 0.67 0.59 0.71

Teijin 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 0.59 0.52 0.55 0.59 0.71

FRA:TIJ vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Teijin'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.


Teijin Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Teijin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:TIJ
61GF Score
Teijin Ltd FRA:TIJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teijin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.50/12.51
=0.76

* 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.

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

For example, Teijin'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)
=10.298/112.7000*112.7000
=10.298

Current CPI (Mar. 2026) = 112.7000.

Teijin Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.506 98.100 14.367
201609 13.606 98.000 15.647
201612 14.273 98.400 16.347
201703 14.280 98.100 16.405
201706 14.808 98.500 16.943
201709 14.785 98.800 16.865
201712 15.106 99.400 17.127
201803 15.223 99.200 17.295
201806 16.085 99.200 18.274
201809 16.673 99.900 18.809
201812 16.941 99.700 19.150
201903 17.087 99.700 19.315
201906 17.131 99.800 19.345
201909 17.795 100.100 20.035
201912 18.003 100.500 20.188
202003 17.295 100.300 19.433
202006 17.210 99.900 19.415
202009 17.475 99.900 19.714
202012 17.665 99.300 20.049
202103 16.385 99.900 18.484
202106 16.418 99.500 18.596
202109 17.161 100.100 19.321
202112 17.455 100.100 19.652
202203 17.553 101.100 19.567
202206 16.760 101.800 18.555
202209 16.811 103.100 18.376
202212 15.584 104.100 16.871
202303 14.203 104.400 15.332
202306 15.141 105.200 16.220
202309 14.706 106.200 15.606
202312 14.566 106.800 15.371
202403 13.060 107.200 13.730
202406 0.000 108.200 0.000
202409 11.508 108.900 11.910
202412 14.818 110.700 15.086
202503 13.891 111.100 14.091
202506 13.445 111.700 13.565
202509 11.387 112.000 11.458
202512 10.990 113.000 10.961
202603 10.298 112.700 10.298

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 0.76 mean?
Teijin (FRA:TIJ) has a Cyclically Adjusted PB Ratio of 0.76 as of Aug. 15, 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 Teijin and its competitors. This is 15% below median its historical median of 0.89. Over the past decade, Teijin's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.63. According to the industry distribution chart, Teijin ranks #176 out of 458 companies in the Conglomerates industry, placing it in the top 38.4%.
Is Teijin's Cyclically Adjusted PB Ratio too high?
Teijin's current Cyclically Adjusted PB Ratio of 0.76 is 15% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.63. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Teijin's value of 0.76 is 25.1% below this industry median. Based on the distribution chart, Teijin ranks #176 out of 458 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Teijin has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teijin's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Teijin ranks #176 out of 458 companies for Cyclically Adjusted PB Ratio. This puts Teijin in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Teijin's value of 0.76 is 25.1% below this benchmark. Historically, Teijin's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.63 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.02, Teijin 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 458 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. Teijin's current Cyclically Adjusted PB Ratio of 0.76 is 25.1% 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 Teijin and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teijin's current Cyclically Adjusted PB Ratio is 0.76, which is 15% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teijin stock overvalued right now?
Based on GuruFocus' analysis, Teijin (FRA:TIJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.50, compared to a current price of €9.50 — trading 46.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 15% below median its 10-year median of 0.89 and 25.1% below the Conglomerates industry median of 1.02. Teijin's overall GF Score™ is 61/100 with 8 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 Teijin (FRA:TIJ), the current Cyclically Adjusted PB Ratio is 0.76 as of Aug. 15, 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 Teijin (FRA:TIJ) Overvalued in 2026?

Based on GuruFocus' analysis, Teijin stock appears to be overvalued. The current stock price of €9.50 is trading 46.2% above its estimated GF Value™ of €6.50. GuruFocus considers Teijin to be Significantly Overvalued.

Key valuation signals for FRA:TIJ:

  • Cyclically Adjusted PB Ratio: 0.76 (15% below median its 10-year median of 0.89)
  • GF Value™: €6.50 vs. price of €9.50 (46.2% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 25.1% below the Conglomerates median (#176 of 458)

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


Teijin Business Description

Address 2-4 Nakanoshima 3-chome, Nakanoshima Festival Tower West, Kita-ku, Osaka Prefecture, Osaka, JPN, 530-8605
Teijin Ltd is a Japanese industrial conglomerate engaged in healthcare, materials, textiles, and other businesses. The company organizes itself into four primary segments. The Healthcare segment manufactures and sells pharmaceuticals, medical devices, and home medical services. The Material segment covers aramid fibers, polycarbonate resins, carbon fibers, and composite molding materials. The Textiles/Products segment produces polyester fibers and textile products. The Others segment includes businesses outside the reporting segments, such as battery components, membranes, regenerative medicine, and implantable medical devices.
61GF Score

Get the complete analysis for FRA:TIJ

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

€9.50
Price
€6.50
GF Value