TOEAF (Toei Animation Co) Cyclically Adjusted PB Ratio: 4.45 (As of Jul. 09, 2026) — 32% Below Median


TOEAF Toei Animation Co Ltd TOEAF
93 GF Score
Price $14.28
GF Value $19.47
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Toei Animation Co Cyclically Adjusted PB Ratio?

Toei Animation Co TOEAF 93 Cyclically Adjusted PB Ratio is 4.45 as of Jul. 09, 2026, which is 32% below its 10-year median of 6.57. GuruFocus rates TOEAF with a GF Score™ of 93/100 and a GF Value™ of $19.47 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 721 Media - Diversified companies, Toei Animation Co ranks worse than 90.98% on this metric.

As of today (2026-07-09), Toei Animation Co's current share price is $14.275. Toei Animation Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.21. Toei Animation Co's Cyclically Adjusted PB Ratio for today is 4.45.

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

TOEAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 6.57   Max: 18.74
Current: 5.05

During the past years, Toei Animation Co's highest Cyclically Adjusted PB Ratio was 18.74. The lowest was 2.91. And the median was 6.57.

TOEAF's Cyclically Adjusted PB Ratio is ranked worse than
90.98% of 721 companies
in the Media - Diversified industry
Industry Median: 1 vs TOEAF: 5.05

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.

Toei Animation Co's adjusted book value per share data for the three months ended in Mar. 2026 was $5.276. 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 $3.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toei Animation Co  (OTCPK:TOEAF) 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.


Toei Animation Co Cyclically Adjusted PB Ratio Related Terms


Toei Animation Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toei Animation 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.

Toei Animation Co Cyclically Adjusted PB Ratio Chart

Toei Animation 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 7.20 8.06 8.25 7.09 5.22

Toei Animation 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 7.09 7.27 6.54 5.63 5.22

TOEAF vs NFLX, DIS, WBD: Cyclically Adjusted PB Ratio Comparison

For the Entertainment subindustry, Toei Animation 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.


Toei Animation Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toei Animation Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TOEAF
93GF Score
Toei Animation Co Ltd TOEAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Toei Animation 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.275/3.21
=4.45

* 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.

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

For example, Toei Animation 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)
=5.276/112.7000*112.7000
=5.276

Current CPI (Mar. 2026) = 112.7000.

Toei Animation Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.073 98.100 2.382
201609 2.245 98.000 2.582
201612 2.088 98.400 2.391
201703 2.231 98.100 2.563
201706 2.305 98.500 2.637
201709 2.396 98.800 2.733
201712 2.453 99.400 2.781
201803 2.674 99.200 3.038
201806 2.667 99.200 3.030
201809 2.708 99.900 3.055
201812 2.830 99.700 3.199
201903 2.955 99.700 3.340
201906 3.044 99.800 3.437
201909 3.197 100.100 3.599
201912 3.289 100.500 3.688
202003 3.393 100.300 3.812
202006 3.417 99.900 3.855
202009 3.628 99.900 4.093
202012 3.852 99.300 4.372
202103 3.829 99.900 4.320
202106 3.766 99.500 4.266
202109 4.007 100.100 4.511
202112 3.963 100.100 4.462
202203 3.961 101.100 4.415
202206 3.576 101.800 3.959
202209 3.626 103.100 3.964
202212 3.973 104.100 4.301
202303 4.190 104.400 4.523
202306 3.935 105.200 4.216
202309 4.030 106.200 4.277
202312 4.256 106.800 4.491
202403 4.299 107.200 4.520
202406 4.111 108.200 4.282
202409 4.727 108.900 4.892
202412 4.594 110.700 4.677
202503 5.026 111.100 5.098
202506 5.071 111.700 5.116
202509 5.217 112.000 5.250
202512 5.126 113.000 5.112
202603 5.276 112.700 5.276

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 4.45 mean?
Toei Animation Co (TOEAF) has a Cyclically Adjusted PB Ratio of 4.45 as of Jul. 09, 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 Toei Animation Co and its competitors. This is 32% below median its historical median of 6.57. Over the past decade, Toei Animation Co's Cyclically Adjusted PB Ratio has ranged from 2.91 to 18.74. According to the industry distribution chart, Toei Animation Co ranks #656 out of 721 companies in the Media - Diversified industry, placing it in the top 91%.
Is Toei Animation Co's Cyclically Adjusted PB Ratio too high?
Toei Animation Co's current Cyclically Adjusted PB Ratio of 4.45 is 32% below median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 18.74. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Toei Animation Co's value of 4.45 is 345% above this industry median. Based on the distribution chart, Toei Animation Co ranks #656 out of 721 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Toei Animation Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toei Animation Co's Cyclically Adjusted PB Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Toei Animation Co ranks #656 out of 721 companies for Cyclically Adjusted PB Ratio. This places Toei Animation Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Toei Animation Co's value of 4.45 is 345% above this benchmark. Historically, Toei Animation Co's own Cyclically Adjusted PB Ratio has ranged from 2.91 to 18.74 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 1.00, Toei Animation Co 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 721 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. Toei Animation Co's current Cyclically Adjusted PB Ratio of 4.45 is 345% 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 Toei Animation Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toei Animation Co's current Cyclically Adjusted PB Ratio is 4.45, which is 32% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toei Animation Co stock overvalued right now?
Based on GuruFocus' analysis, Toei Animation Co (TOEAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.47, compared to a current price of $14.28 — trading 26.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.45, which is 32% below median its 10-year median of 6.57 and 345% above the Media - Diversified industry median of 1.00. Toei Animation Co's overall GF Score™ is 93/100 with 1 warning sign 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 Toei Animation Co (TOEAF), the current Cyclically Adjusted PB Ratio is 4.45 as of Jul. 09, 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 Toei Animation Co (TOEAF) Overvalued in 2026?

Based on GuruFocus' analysis, Toei Animation Co stock appears to be undervalued. The current stock price of $14.28 is trading 26.7% below its estimated GF Value™ of $19.47. GuruFocus considers Toei Animation Co to be Modestly Undervalued.

Key valuation signals for TOEAF:

  • Cyclically Adjusted PB Ratio: 4.45 (32% below median its 10-year median of 6.57)
  • GF Value™: $19.47 vs. price of $14.28 (26.7% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 345% above the Media - Diversified median (#656 of 721)

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


Toei Animation Co Business Description

Other Exchanges 4816:Japan
Address 4-10-1, Nakano, Nakano-ku, Tokyo, JPN, 164-0001
Toei Animation Co Ltd is a Japanese animation company. It is engaged in the planning and production of animation products for theaters and televisions (TVs), the sale of broadcasting rights, as well as the sale of packaged software rights of the Company's animation products with a focus on digital versatile discs (DVDs). The company develops characters into diverse types of merchandise such as toys, games, stationery goods, food products, clothing, and for campaigns and promotions. It produces works of animation mainly of television series along with other types of work such as theatrical features and original video animation.
93GF Score

Get the complete analysis for TOEAF

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

$14.28
Price
$19.47
GF Value