Teixeira Duarte (FRA:TXC2) Cyclically Adjusted PB Ratio: 0.75 (As of Jul. 29, 2026) — 525% Above Median

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FRA:TXC2 Teixeira Duarte SA FRA:TXC2
35 GF Score
Price €0.49
GF Value €0.09
! 5 Warning Signs
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What is Teixeira Duarte Cyclically Adjusted PB Ratio?

Teixeira Duarte FRA:TXC2 +2.64% 35 Cyclically Adjusted PB Ratio is 0.75 as of Jul. 29, 2026, which is 525% above its 10-year median of 0.12. GuruFocus rates FRA:TXC2 with a GF Score™ of 35/100 and a GF Value™ of €0.09. The stock has 5 warning signs investors should review. Among 1,357 Construction companies, Teixeira Duarte ranks better than 67.35% on this metric.

As of today (2026-07-29), Teixeira Duarte's current share price is €0.4855. Teixeira Duarte's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.65. Teixeira Duarte's Cyclically Adjusted PB Ratio for today is 0.75.

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

FRA:TXC2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.96
Current: 0.72

During the past 13 years, Teixeira Duarte's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.07. And the median was 0.12.

FRA:TXC2's Cyclically Adjusted PB Ratio is ranked better than
67.35% of 1357 companies
in the Construction industry
Industry Median: 1.16 vs FRA:TXC2: 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.

Teixeira Duarte's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.348. 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 €0.65 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teixeira Duarte  (FRA:TXC2) 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.


Teixeira Duarte Cyclically Adjusted PB Ratio Related Terms


Teixeira Duarte Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Teixeira Duarte'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.

Teixeira Duarte Cyclically Adjusted PB Ratio Chart

Teixeira Duarte 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 0.11 0.07 0.08 0.10 0.94

Teixeira Duarte Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.08 0.00 0.10 0.00 0.94

FRA:TXC2 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Teixeira Duarte'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.


Teixeira Duarte Cyclically Adjusted PB Ratio vs Construction Industry

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

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


FRA:TXC2
35GF Score
Teixeira Duarte SA FRA:TXC2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teixeira Duarte 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.

Teixeira Duarte's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4855/0.65
=0.75

* 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.

Teixeira Duarte's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Teixeira Duarte's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.348/124.2400*124.2400
=0.348

Current CPI (Dec25) = 124.2400.

Teixeira Duarte Annual Data

Book Value per Share CPI Adj_Book
201612 0.942 100.998 1.159
201712 0.875 102.479 1.061
201812 0.875 103.159 1.054
201912 0.714 103.592 0.856
202012 0.499 103.354 0.600
202112 0.405 106.191 0.474
202212 0.510 116.377 0.544
202312 0.308 118.032 0.324
202412 0.350 121.585 0.358
202512 0.348 124.240 0.348

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 0.75 mean?
Teixeira Duarte (FRA:TXC2) has a Cyclically Adjusted PB Ratio of 0.75 as of Jul. 29, 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 Teixeira Duarte and its competitors. This is 525% above median its historical median of 0.12. Over the past decade, Teixeira Duarte's Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.96. According to the industry distribution chart, Teixeira Duarte ranks #443 out of 1357 companies in the Construction industry, placing it in the top 32.6%.
Is Teixeira Duarte's Cyclically Adjusted PB Ratio too high?
Teixeira Duarte's current Cyclically Adjusted PB Ratio of 0.75 is 525% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.96. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Teixeira Duarte's value of 0.75 is 35.3% below this industry median. Based on the distribution chart, Teixeira Duarte ranks #443 out of 1357 companies in the Construction industry, which is above the industry midpoint. Overall, Teixeira Duarte has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Teixeira Duarte's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Teixeira Duarte ranks #443 out of 1357 companies for Cyclically Adjusted PB Ratio. This puts Teixeira Duarte in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Teixeira Duarte's value of 0.75 is 35.3% below this benchmark. Historically, Teixeira Duarte's own Cyclically Adjusted PB Ratio has ranged from 0.07 to 0.96 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.16, Teixeira Duarte 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,357 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. Teixeira Duarte's current Cyclically Adjusted PB Ratio of 0.75 is 35.3% 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 Teixeira Duarte and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teixeira Duarte's current Cyclically Adjusted PB Ratio is 0.75, which is 525% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teixeira Duarte stock overvalued right now?
Teixeira Duarte (FRA:TXC2) has a current Cyclically Adjusted PB Ratio of 0.75. The stock's GF Value™ is €0.09, compared to a current price of €0.49 — trading 439.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 525% above median its 10-year median of 0.12 and 35.3% below the Construction industry median of 1.16. Teixeira Duarte's overall GF Score™ is 35/100 with 5 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 Teixeira Duarte (FRA:TXC2), the current Cyclically Adjusted PB Ratio is 0.75 as of Jul. 29, 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 Teixeira Duarte (FRA:TXC2) Overvalued in 2026?

Based on GuruFocus' analysis, Teixeira Duarte stock appears to be overvalued. The current stock price of €0.49 is trading 439.4% above its estimated GF Value™ of €0.09.

Key valuation signals for FRA:TXC2:

  • Cyclically Adjusted PB Ratio: 0.75 (525% above median its 10-year median of 0.12)
  • GF Value™: €0.09 vs. price of €0.49 (439.4% above fair value)
  • GF Score™: 35/100 with 5 warning signs
  • Industry Position: 35.3% below the Construction median (#443 of 1357)

No single metric tells the full story. See the FRA:TXC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teixeira Duarte Business Description

Address Lagoas Park, Edificio 2, Porto Salvo, Oeiras, PRT, 2740-265
Teixeira Duarte SA is engaged in the business of the undertaking and management of investments, the coordination and supervision of other companies included in or related to its corporate group, operating in areas of strategic and organizational planning as well as the provision of administrative, and management, consulting, operational assistance in terms of human resources, technical and financial services in which the company has the stake. The firm has in construction, concessions and services, real estate, hospitality, distribution and automotive business sectors. The company operates in Portugal, Angola, Algeria, Brazil, Spain, France, Morocco, Mozambique, and Venezuela.
35GF Score

Get the complete analysis for FRA:TXC2

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

€0.49
Price
€0.09
GF Value