Artience Co (FRA:TO5) Cyclically Adjusted PB Ratio: 0.99 (As of Jul. 17, 2026) — 39% Above Median

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FRA:TO5 Artience Co Ltd FRA:TO5
80 GF Score
Price €23.60
GF Value €18.19
! 6 Warning Signs
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What is Artience Co Cyclically Adjusted PB Ratio?

Artience Co FRA:TO5 80 Cyclically Adjusted PB Ratio is 0.99 as of Jul. 17, 2026, which is 39% above its 10-year median of 0.71. GuruFocus rates FRA:TO5 with a GF Score™ of 80/100 and a GF Value™ of €18.19. The stock has 6 warning signs investors should review. Among 1,282 Chemicals companies, Artience Co ranks better than 70.83% on this metric.

As of today (2026-07-17), Artience Co's current share price is €23.60. Artience Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €23.86. Artience Co's Cyclically Adjusted PB Ratio for today is 0.99.

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

FRA:TO5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.71   Max: 1.19
Current: 0.97

During the past years, Artience Co's highest Cyclically Adjusted PB Ratio was 1.19. The lowest was 0.48. And the median was 0.71.

FRA:TO5's Cyclically Adjusted PB Ratio is ranked better than
70.83% of 1282 companies
in the Chemicals industry
Industry Median: 1.705 vs FRA:TO5: 0.97

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.

Artience Co's adjusted book value per share data for the three months ended in Dec. 2025 was €30.726. 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 €23.86 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artience Co  (FRA:TO5) 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.


Artience Co Cyclically Adjusted PB Ratio Related Terms


Artience Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Artience 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.

Artience Co Cyclically Adjusted PB Ratio Chart

Artience Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.48 0.66 0.74 0.77

Artience Co 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 0.72 0.69 0.71 0.77 0.00

FRA:TO5 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Artience 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.


Artience Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


FRA:TO5
80GF Score
Artience Co Ltd FRA:TO5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Artience 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.

Artience Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.60/23.86
=0.99

* 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.

Artience Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Artience Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=30.726/113.0000*113.0000
=30.726

Current CPI (Dec. 2025) = 113.0000.

Artience Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 27.739 97.900 32.017
201606 28.515 98.100 32.846
201609 29.144 98.000 33.605
201612 28.054 98.400 32.216
201703 30.257 98.100 34.853
201706 29.736 98.500 34.113
201709 28.788 98.800 32.926
201712 28.726 99.400 32.656
201803 28.290 99.200 32.226
201806 29.167 99.200 33.225
201809 29.055 99.900 32.865
201812 28.772 99.700 32.610
201903 29.522 99.700 33.460
201906 29.918 99.800 33.875
201909 30.317 100.100 34.224
201912 31.032 100.500 34.892
202003 29.441 100.300 33.169
202006 29.569 99.900 33.446
202009 28.279 99.900 31.987
202012 28.458 99.300 32.384
202103 29.397 99.900 33.252
202106 28.985 99.500 32.918
202109 29.576 100.100 33.387
202112 30.433 100.100 34.355
202203 30.673 101.100 34.283
202206 30.283 101.800 33.615
202209 30.234 103.100 33.137
202212 28.937 104.100 31.411
202303 29.706 104.400 32.153
202306 29.136 105.200 31.296
202309 29.179 106.200 31.047
202312 29.524 106.800 31.238
202403 29.324 107.200 30.911
202406 29.983 108.200 31.313
202409 30.711 108.900 31.867
202412 32.071 110.700 32.737
202503 31.172 111.100 31.705
202506 30.582 111.700 30.938
202509 30.335 112.000 30.606
202512 30.726 113.000 30.726

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 0.99 mean?
Artience Co (FRA:TO5) has a Cyclically Adjusted PB Ratio of 0.99 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 Artience Co and its competitors. This is 39% above median its historical median of 0.71. Over the past decade, Artience Co's Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.19. According to the industry distribution chart, Artience Co ranks #374 out of 1282 companies in the Chemicals industry, placing it in the top 29.2%.
Is Artience Co's Cyclically Adjusted PB Ratio too high?
Artience Co's current Cyclically Adjusted PB Ratio of 0.99 is 39% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.19. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.71. Artience Co's value of 0.99 is 41.9% below this industry median. Based on the distribution chart, Artience Co ranks #374 out of 1282 companies in the Chemicals industry, which is above the industry midpoint. Overall, Artience Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Artience Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Artience Co ranks #374 out of 1282 companies for Cyclically Adjusted PB Ratio. This puts Artience Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Artience Co's value of 0.99 is 41.9% below this benchmark. Historically, Artience Co's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.19 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.71, Artience 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.71, based on 1,282 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. Artience Co's current Cyclically Adjusted PB Ratio of 0.99 is 41.9% 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 Artience Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artience Co's current Cyclically Adjusted PB Ratio is 0.99, which is 39% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artience Co stock overvalued right now?
Artience Co (FRA:TO5) has a current Cyclically Adjusted PB Ratio of 0.99. The stock's GF Value™ is €18.19, compared to a current price of €23.60 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 39% above median its 10-year median of 0.71 and 41.9% below the Chemicals industry median of 1.71. Artience Co's overall GF Score™ is 80/100 with 6 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 Artience Co (FRA:TO5), the current Cyclically Adjusted PB Ratio is 0.99 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 Artience Co (FRA:TO5) Overvalued in 2026?

Based on GuruFocus' analysis, Artience Co stock appears to be overvalued. The current stock price of €23.60 is trading 29.7% above its estimated GF Value™ of €18.19.

Key valuation signals for FRA:TO5:

  • Cyclically Adjusted PB Ratio: 0.99 (39% above median its 10-year median of 0.71)
  • GF Value™: €18.19 vs. price of €23.60 (29.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 41.9% below the Chemicals median (#374 of 1282)

No single metric tells the full story. See the FRA:TO5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artience Co Business Description

Other Exchanges 4634:Japan
Address 2-2-1 Kyobashi, Kyobashi Edogrand Building, Chuo-ku, Tokyo, JPN, 104-8377
Artience Co Ltd is a holding company. The group, along with its subsidiary, engaged in four segments: Colorants and Functional Materials Business, Polymers and Coatings Business, Packaging Business, and Printing and Information Business.
80GF Score

Get the complete analysis for FRA:TO5

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

€23.60
Price
€18.19
GF Value