Toda (TODCF) Cyclically Adjusted PB Ratio: 1.39 (As of Jul. 14, 2026) — 29% Above Median

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TODCF Toda Corp TODCF
80 GF Score
Price $6.70
GF Value $5.12
! 6 Warning Signs
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What is Toda Cyclically Adjusted PB Ratio?

Toda TODCF 80 Cyclically Adjusted PB Ratio is 1.39 as of Jul. 14, 2026, which is 29% above its 10-year median of 1.08. GuruFocus rates TODCF with a GF Score™ of 80/100 and a GF Value™ of $5.12. The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Toda ranks worse than 59.09% on this metric.

As of today (2026-07-14), Toda's current share price is $6.70. Toda's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.82. Toda's Cyclically Adjusted PB Ratio for today is 1.39.

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

TODCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.08   Max: 1.69
Current: 1.49

During the past years, Toda's highest Cyclically Adjusted PB Ratio was 1.69. The lowest was 0.81. And the median was 1.08.

TODCF's Cyclically Adjusted PB Ratio is ranked worse than
59.09% of 1359 companies
in the Construction industry
Industry Median: 1.19 vs TODCF: 1.49

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.

Toda's adjusted book value per share data for the three months ended in Mar. 2026 was $8.319. 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 $4.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toda  (OTCPK:TODCF) 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.


Toda Cyclically Adjusted PB Ratio Related Terms


Toda Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toda'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.

Toda Cyclically Adjusted PB Ratio Chart

Toda 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 1.02 0.86 1.15 0.91 1.39

Toda 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 0.91 0.92 1.01 1.23 1.39

TODCF vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Toda'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.


Toda Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TODCF
80GF Score
Toda Corp TODCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toda 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.70/4.82
=1.39

* 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.

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

For example, Toda'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)
=8.319/112.7000*112.7000
=8.319

Current CPI (Mar. 2026) = 112.7000.

Toda Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.229 98.100 6.007
201609 5.671 98.000 6.522
201612 5.695 98.400 6.523
201703 6.459 98.100 7.420
201706 6.775 98.500 7.752
201709 6.855 98.800 7.819
201712 7.065 99.400 8.010
201803 7.576 99.200 8.607
201806 7.420 99.200 8.430
201809 7.600 99.900 8.574
201812 7.208 99.700 8.148
201903 7.811 99.700 8.829
201906 7.800 99.800 8.808
201909 8.100 100.100 9.120
201912 8.481 100.500 9.511
202003 8.204 100.300 9.218
202006 8.256 99.900 9.314
202009 8.565 99.900 9.662
202012 9.273 99.300 10.524
202103 9.301 99.900 10.493
202106 9.048 99.500 10.248
202109 9.372 100.100 10.552
202112 8.985 100.100 10.116
202203 8.662 101.100 9.656
202206 7.721 101.800 8.548
202209 7.154 103.100 7.820
202212 7.517 104.100 8.138
202303 7.658 104.400 8.267
202306 7.459 105.200 7.991
202309 7.337 106.200 7.786
202312 7.519 106.800 7.934
202403 7.640 107.200 8.032
202406 7.310 108.200 7.614
202409 7.937 108.900 8.214
202412 7.286 110.700 7.418
202503 7.651 111.100 7.761
202506 7.797 111.700 7.867
202509 8.085 112.000 8.136
202512 8.044 113.000 8.023
202603 8.319 112.700 8.319

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 1.39 mean?
Toda (TODCF) has a Cyclically Adjusted PB Ratio of 1.39 as of Jul. 14, 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 Toda and its competitors. This is 29% above median its historical median of 1.08. Over the past decade, Toda's Cyclically Adjusted PB Ratio has ranged from 0.81 to 1.69. According to the industry distribution chart, Toda ranks #803 out of 1359 companies in the Construction industry, placing it in the top 59.1%.
Is Toda's Cyclically Adjusted PB Ratio too high?
Toda's current Cyclically Adjusted PB Ratio of 1.39 is 29% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 1.69. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. Toda's value of 1.39 is 16.8% above this industry median. Based on the distribution chart, Toda ranks #803 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Toda has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Toda's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Toda ranks #803 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Toda in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Toda's value of 1.39 is 16.8% above this benchmark. Historically, Toda's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 1.69 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.19, Toda has consistently been above 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 1.19, based on 1,359 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. Toda's current Cyclically Adjusted PB Ratio of 1.39 is 16.8% above 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 Toda and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toda's current Cyclically Adjusted PB Ratio is 1.39, which is 29% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toda stock overvalued right now?
Toda (TODCF) has a current Cyclically Adjusted PB Ratio of 1.39. The stock's GF Value™ is $5.12, compared to a current price of $6.70 — trading 30.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.39, which is 29% above median its 10-year median of 1.08 and 16.8% above the Construction industry median of 1.19. Toda'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 Toda (TODCF), the current Cyclically Adjusted PB Ratio is 1.39 as of Jul. 14, 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 Toda (TODCF) Overvalued in 2026?

Based on GuruFocus' analysis, Toda stock appears to be overvalued. The current stock price of $6.70 is trading 30.9% above its estimated GF Value™ of $5.12.

Key valuation signals for TODCF:

  • Cyclically Adjusted PB Ratio: 1.39 (29% above median its 10-year median of 1.08)
  • GF Value™: $5.12 vs. price of $6.70 (30.9% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 16.8% above the Construction median (#803 of 1359)

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


Toda Business Description

Other Exchanges 1860:Japan
Address 8-5 Hatchobori 2-Chome, Chuo-ku, Tokyo, JPN, 104-0032
Toda Corp is a Japan-based company that provides construction and civil engineering services for public and private customers. It designs and manages property developments and reorganizes production systems to increase profitability. The company constructs hospitals, schools, office buildings, and other industrial facilities. It handles various large-scale projects, including tunnel and highway operations, renewable energy activities, and power generation applications, to enhance technological and industrial development. Toda has six operating segments: Domestic building construction, Domestic Civil engineering, Investment Development, Domestic group companies, New business fields, and Overseas business. The majority of revenue comes from the domestic building construction segment.
80GF Score

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

$6.70
Price
$5.12
GF Value