Toso Co (FRA:V8D) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 13, 2026) — 10% Below Median

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FRA:V8D Toso Co Ltd FRA:V8D
67 GF Score
Price €3.06
GF Value €3.14
! 2 Warning Signs
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What is Toso Co Cyclically Adjusted PB Ratio?

Toso Co FRA:V8D -1.29% 67 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 13, 2026, which is 10% below its 10-year median of 0.42. GuruFocus rates FRA:V8D with a GF Score™ of 67/100 and a GF Value™ of €3.14. The stock has 2 warning signs investors should review. Among 329 Furnishings, Fixtures & Appliances companies, Toso Co ranks better than 81.46% on this metric.

As of today (2026-08-13), Toso Co's current share price is €3.06. Toso Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €8.01. Toso Co's Cyclically Adjusted PB Ratio for today is 0.38.

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

FRA:V8D' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.63
Current: 0.39

During the past years, Toso Co's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.35. And the median was 0.42.

FRA:V8D's Cyclically Adjusted PB Ratio is ranked better than
81.46% of 329 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.2 vs FRA:V8D: 0.39

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.

Toso Co's adjusted book value per share data for the three months ended in Mar. 2026 was €9.725. 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 €8.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toso Co  (FRA:V8D) 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.


Toso Co Cyclically Adjusted PB Ratio Related Terms


Toso Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toso 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.

Toso Co Cyclically Adjusted PB Ratio Chart

Toso Co 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 0.44 0.42 0.41 0.37 0.40

Toso Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.37 0.37 0.38 0.39 0.40

FRA:V8D vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Toso 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.


Toso Co Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Toso Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:V8D
67GF Score
Toso Co Ltd FRA:V8D
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toso 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.06/8.01
=0.38

* 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.

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

For example, Toso Co'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)
=9.725/112.7000*112.7000
=9.725

Current CPI (Mar. 2026) = 112.7000.

Toso Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 8.240 97.900 9.486
201606 8.427 98.100 9.681
201609 8.827 98.000 10.151
201612 8.687 98.400 9.949
201703 9.186 98.100 10.553
201706 8.811 98.500 10.081
201709 8.515 98.800 9.713
201712 8.520 99.400 9.660
201803 8.667 99.200 9.846
201806 8.773 99.200 9.967
201809 9.149 99.900 10.321
201812 9.292 99.700 10.504
201903 9.741 99.700 11.011
201906 9.885 99.800 11.163
201909 10.429 100.100 11.742
201912 10.482 100.500 11.754
202003 11.071 100.300 12.440
202006 10.941 99.900 12.343
202009 10.704 99.900 12.075
202012 10.679 99.300 12.120
202103 10.904 99.900 12.301
202106 10.672 99.500 12.088
202109 11.042 100.100 12.432
202112 11.262 100.100 12.680
202203 11.305 101.100 12.602
202206 10.586 101.800 11.719
202209 10.818 103.100 11.825
202212 10.643 104.100 11.522
202303 10.543 104.400 11.381
202306 9.932 105.200 10.640
202309 9.843 106.200 10.445
202312 9.821 106.800 10.364
202403 9.786 107.200 10.288
202406 9.449 108.200 9.842
202409 10.033 108.900 10.383
202503 10.285 111.100 10.433
202506 9.796 111.700 9.884
202509 9.603 112.000 9.663
202512 9.399 113.000 9.374
202603 9.725 112.700 9.725

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 0.38 mean?
Toso Co (FRA:V8D) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 13, 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 Toso Co and its competitors. This is 10% below median its historical median of 0.42. Over the past decade, Toso Co's Cyclically Adjusted PB Ratio has ranged from 0.35 to 0.63. According to the industry distribution chart, Toso Co ranks #61 out of 329 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 18.5%.
Is Toso Co's Cyclically Adjusted PB Ratio too high?
Toso Co's current Cyclically Adjusted PB Ratio of 0.38 is 10% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.63. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Toso Co's value of 0.38 is 68.3% below this industry median. Based on the distribution chart, Toso Co ranks #61 out of 329 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Toso Co has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Toso Co's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Toso Co ranks #61 out of 329 companies for Cyclically Adjusted PB Ratio. This places Toso Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Toso Co's value of 0.38 is 68.3% below this benchmark. Historically, Toso Co's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 0.63 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.20, Toso 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 329 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. Toso Co's current Cyclically Adjusted PB Ratio of 0.38 is 68.3% 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 Toso Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toso Co's current Cyclically Adjusted PB Ratio is 0.38, which is 10% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toso Co stock overvalued right now?
Toso Co (FRA:V8D) has a current Cyclically Adjusted PB Ratio of 0.38. The stock's GF Value™ is €3.14, compared to a current price of €3.06 — trading 2.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 10% below median its 10-year median of 0.42 and 68.3% below the Furnishings, Fixtures & Appliances industry median of 1.20. Toso Co's overall GF Score™ is 67/100 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 Toso Co (FRA:V8D), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 13, 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 Toso Co (FRA:V8D) Overvalued in 2026?

Based on GuruFocus' analysis, Toso Co stock appears to be undervalued. The current stock price of €3.06 is trading 2.5% below its estimated GF Value™ of €3.14.

Key valuation signals for FRA:V8D:

  • Cyclically Adjusted PB Ratio: 0.38 (10% below median its 10-year median of 0.42)
  • GF Value™: €3.14 vs. price of €3.06 (2.5% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 68.3% below the Furnishings, Fixtures & Appliances median (#61 of 329)

No single metric tells the full story. See the FRA:V8D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toso Co Business Description

Other Exchanges 5956:Japan
Address 1-4-9 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Toso Co Ltd is a Japan-based company mainly engaged in the development, manufacture, and sale of interior goods. Products offered by the company include decorative curtain tracks and poles, motorized curtain tracks, professional curtain tracks, among others.
67GF Score

Get the complete analysis for FRA:V8D

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

€3.06
Price
€3.14
GF Value