FRRZF (Ferrotec) Cyclically Adjusted PB Ratio: 2.83 (As of Jul. 27, 2026) — 93% Above Median

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FRRZF Ferrotec Corp FRRZF
66 GF Score
Price $50.10
GF Value $22.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ferrotec Cyclically Adjusted PB Ratio?

Ferrotec FRRZF +8.11% 66 Cyclically Adjusted PB Ratio is 2.83 as of Jul. 27, 2026, which is 93% above its 10-year median of 1.47. GuruFocus rates FRRZF with a GF Score™ of 66/100 and a GF Value™ of $22.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 734 Semiconductors companies, Ferrotec ranks better than 50.54% on this metric.

As of today (2026-07-27), Ferrotec's current share price is $50.10. Ferrotec's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.69. Ferrotec's Cyclically Adjusted PB Ratio for today is 2.83.

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

FRRZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.47   Max: 3.64
Current: 3.1

During the past years, Ferrotec's highest Cyclically Adjusted PB Ratio was 3.64. The lowest was 0.40. And the median was 1.47.

FRRZF's Cyclically Adjusted PB Ratio is ranked better than
50.54% of 734 companies
in the Semiconductors industry
Industry Median: 3.18 vs FRRZF: 3.10

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.

Ferrotec's adjusted book value per share data for the three months ended in Mar. 2026 was $34.941. 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 $17.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrotec  (OTCPK:FRRZF) 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.


Ferrotec Cyclically Adjusted PB Ratio Related Terms


Ferrotec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ferrotec'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.

Ferrotec Cyclically Adjusted PB Ratio Chart

Ferrotec 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 1.93 1.90 1.41 1.08 2.18

Ferrotec 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 1.08 1.18 1.50 1.81 2.18

FRRZF vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Ferrotec'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.


Ferrotec Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ferrotec's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRRZF
66GF Score
Ferrotec Corp FRRZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrotec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.10/17.69
=2.83

* 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.

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

For example, Ferrotec'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)
=34.941/112.7000*112.7000
=34.941

Current CPI (Mar. 2026) = 112.7000.

Ferrotec Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.390 98.100 13.085
201609 10.774 98.000 12.390
201612 9.545 98.400 10.932
201703 11.269 98.100 12.946
201706 11.397 98.500 13.040
201709 12.052 98.800 13.748
201712 12.305 99.400 13.951
201803 13.075 99.200 14.854
201806 12.317 99.200 13.993
201809 12.426 99.900 14.018
201812 12.410 99.700 14.028
201903 12.038 99.700 13.608
201906 12.882 99.800 14.547
201909 12.201 100.100 13.737
201912 11.494 100.500 12.889
202003 12.128 100.300 13.627
202006 11.454 99.900 12.922
202009 13.372 99.900 15.085
202012 16.104 99.300 18.277
202103 16.607 99.900 18.735
202106 20.796 99.500 23.555
202109 22.905 100.100 25.788
202112 24.070 100.100 27.100
202203 24.810 101.100 27.657
202206 25.340 101.800 28.053
202209 26.126 103.100 28.559
202212 30.277 104.100 32.778
202303 29.303 104.400 31.633
202306 28.491 105.200 30.522
202309 28.787 106.200 30.549
202312 30.956 106.800 32.666
202403 29.021 107.200 30.510
202406 0.000 108.200 0.000
202409 35.394 108.900 36.629
202412 30.018 110.700 30.560
202503 33.934 111.100 34.423
202506 33.007 111.700 33.302
202509 32.157 112.000 32.358
202512 31.970 113.000 31.885
202603 34.941 112.700 34.941

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 2.83 mean?
Ferrotec (FRRZF) has a Cyclically Adjusted PB Ratio of 2.83 as of Jul. 27, 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 Ferrotec and its competitors. This is 93% above median its historical median of 1.47. Over the past decade, Ferrotec's Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.64. According to the industry distribution chart, Ferrotec ranks #363 out of 734 companies in the Semiconductors industry, placing it in the top 49.5%.
Is Ferrotec's Cyclically Adjusted PB Ratio too high?
Ferrotec's current Cyclically Adjusted PB Ratio of 2.83 is 93% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.64. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Ferrotec's value of 2.83 is 11% below this industry median. Based on the distribution chart, Ferrotec ranks #363 out of 734 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Ferrotec has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrotec's Cyclically Adjusted PB Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Ferrotec ranks #363 out of 734 companies for Cyclically Adjusted PB Ratio. This puts Ferrotec in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Ferrotec's value of 2.83 is 11% below this benchmark. Historically, Ferrotec's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 3.64 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 3.18, Ferrotec 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 734 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. Ferrotec's current Cyclically Adjusted PB Ratio of 2.83 is 11% 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 Ferrotec and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrotec's current Cyclically Adjusted PB Ratio is 2.83, which is 93% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrotec stock overvalued right now?
Based on GuruFocus' analysis, Ferrotec (FRRZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.30, compared to a current price of $50.10 — trading 124.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 93% above median its 10-year median of 1.47 and 11% below the Semiconductors industry median of 3.18. Ferrotec's overall GF Score™ is 66/100 with 7 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 Ferrotec (FRRZF), the current Cyclically Adjusted PB Ratio is 2.83 as of Jul. 27, 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 Ferrotec (FRRZF) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrotec stock appears to be overvalued. The current stock price of $50.10 is trading 124.7% above its estimated GF Value™ of $22.30. GuruFocus considers Ferrotec to be Significantly Overvalued.

Key valuation signals for FRRZF:

  • Cyclically Adjusted PB Ratio: 2.83 (93% above median its 10-year median of 1.47)
  • GF Value™: $22.30 vs. price of $50.10 (124.7% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 11% below the Semiconductors median (#363 of 734)

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


Ferrotec Business Description

Other Exchanges 6890:JapanFER:Germany
Address 2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, JPN, 103-0027
Ferrotec Corp is a manufacturer of semiconductor equipment related products. The company operates through four business segments. Its Electronic device segment manufactures thermo-electric modules, ferrofluid, and power semiconductor substrate. The Equipment-related segment is engaged in the production and sale of vacuum seal, quartz products, ceramics and silicon products, silicon parts, and wafer products. Its Photovoltaic segment is involved in the formation of silicon crystal equipment, quartz crucible, and silicon for the solar cell. The company's Other segment comprises of laundry and other related industrial equipment.
66GF Score

Get the complete analysis for FRRZF

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

$50.10
Price
$22.30
GF Value