TYOBY (Toyobo Co) Cyclically Adjusted PB Ratio: 0.86 (As of Jul. 11, 2026) — 26% Above Median


TYOBY Toyobo Co Ltd TYOBY
66 GF Score
Price $10.70
GF Value $5.77
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Toyobo Co Cyclically Adjusted PB Ratio?

Toyobo Co TYOBY 66 Cyclically Adjusted PB Ratio is 0.86 as of Jul. 11, 2026, which is 26% above its 10-year median of 0.68. GuruFocus rates TYOBY with a GF Score™ of 66/100 and a GF Value™ of $5.77 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,284 Chemicals companies, Toyobo Co ranks better than 78.82% on this metric.

As of today (2026-07-11), Toyobo Co's current share price is $10.70. Toyobo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $12.44. Toyobo Co's Cyclically Adjusted PB Ratio for today is 0.86.

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

TYOBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.68   Max: 1.36
Current: 0.76

During the past years, Toyobo Co's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.37. And the median was 0.68.

TYOBY's Cyclically Adjusted PB Ratio is ranked better than
78.82% of 1284 companies
in the Chemicals industry
Industry Median: 1.78 vs TYOBY: 0.76

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.

Toyobo Co's adjusted book value per share data for the three months ended in Dec. 2025 was $14.799. 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 $12.44 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyobo Co  (OTCPK:TYOBY) 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.


Toyobo Co Cyclically Adjusted PB Ratio Related Terms


Toyobo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Toyobo 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.

Toyobo Co Cyclically Adjusted PB Ratio Chart

Toyobo 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 0.57 0.51 0.53 0.42 0.00

Toyobo 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 0.42 0.41 0.50 0.55 0.00

TYOBY vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Toyobo 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.


Toyobo Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyobo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TYOBY
66GF Score
Toyobo Co Ltd TYOBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyobo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.70/12.44
=0.86

* 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.

Toyobo Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Toyobo Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=14.799/113.0000*113.0000
=14.799

Current CPI (Dec. 2025) = 113.0000.

Toyobo Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.651 97.900 18.065
201606 16.406 98.100 18.898
201609 17.210 98.000 19.844
201612 15.799 98.400 18.143
201703 16.736 98.100 19.278
201706 17.168 98.500 19.695
201709 17.651 98.800 20.188
201712 18.499 99.400 21.030
201803 19.181 99.200 21.849
201806 18.461 99.200 21.029
201809 18.337 99.900 20.742
201812 17.657 99.700 20.012
201903 17.898 99.700 20.286
201906 17.869 99.800 20.232
201909 18.046 100.100 20.372
201912 18.319 100.500 20.597
202003 18.604 100.300 20.960
202006 18.571 99.900 21.006
202009 19.096 99.900 21.600
202012 19.209 99.300 21.859
202103 19.232 99.900 21.754
202106 19.494 99.500 22.139
202109 20.007 100.100 22.585
202112 19.723 100.100 22.265
202203 18.487 101.100 20.663
202206 16.968 101.800 18.835
202209 16.061 103.100 17.603
202212 16.795 104.100 18.231
202303 16.059 104.400 17.382
202306 15.167 105.200 16.292
202309 14.627 106.200 15.564
202312 14.904 106.800 15.769
202403 14.928 107.200 15.736
202406 14.101 108.200 14.727
202409 15.328 108.900 15.905
202412 14.418 110.700 14.718
202503 14.861 111.100 15.115
202506 15.185 111.700 15.362
202509 15.238 112.000 15.374
202512 14.799 113.000 14.799

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 0.86 mean?
Toyobo Co (TYOBY) has a Cyclically Adjusted PB Ratio of 0.86 as of Jul. 11, 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 Toyobo Co and its competitors. This is 26% above median its historical median of 0.68. Over the past decade, Toyobo Co's Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.36. According to the industry distribution chart, Toyobo Co ranks #272 out of 1284 companies in the Chemicals industry, placing it in the top 21.2%.
Is Toyobo Co's Cyclically Adjusted PB Ratio too high?
Toyobo Co's current Cyclically Adjusted PB Ratio of 0.86 is 26% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.36. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.78. Toyobo Co's value of 0.86 is 51.7% below this industry median. Based on the distribution chart, Toyobo Co ranks #272 out of 1284 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Toyobo Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyobo Co's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toyobo Co ranks #272 out of 1284 companies for Cyclically Adjusted PB Ratio. This places Toyobo Co in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.78. Toyobo Co's value of 0.86 is 51.7% below this benchmark. Historically, Toyobo Co's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 1.36 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.78, Toyobo 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.78, based on 1,284 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. Toyobo Co's current Cyclically Adjusted PB Ratio of 0.86 is 51.7% 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 Toyobo Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyobo Co's current Cyclically Adjusted PB Ratio is 0.86, which is 26% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyobo Co stock overvalued right now?
Based on GuruFocus' analysis, Toyobo Co (TYOBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.77, compared to a current price of $10.70 — trading 85.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.86, which is 26% above median its 10-year median of 0.68 and 51.7% below the Chemicals industry median of 1.78. Toyobo Co's overall GF Score™ is 66/100 with 9 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 Toyobo Co (TYOBY), the current Cyclically Adjusted PB Ratio is 0.86 as of Jul. 11, 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 Toyobo Co (TYOBY) Overvalued in 2026?

Based on GuruFocus' analysis, Toyobo Co stock appears to be overvalued. The current stock price of $10.70 is trading 85.4% above its estimated GF Value™ of $5.77. GuruFocus considers Toyobo Co to be Significantly Overvalued.

Key valuation signals for TYOBY:

  • Cyclically Adjusted PB Ratio: 0.86 (26% above median its 10-year median of 0.68)
  • GF Value™: $5.77 vs. price of $10.70 (85.4% above fair value)
  • GF Score™: 66/100 with 9 warning signs
  • Industry Position: 51.7% below the Chemicals median (#272 of 1284)

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


Toyobo Co Business Description

Other Exchanges 3101:JapanTO7:Germany
Address 2-8, Dojima Hama 2-chome, Kita-ku, Osaka, JPN, 530-8230
Toyobo Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four segments based on product type. The films and functional polymers segment, which generates more of Toyobo's revenue than any other segment, sells industrial films for liquid crystal displays, packaging films for food packaging, and engineered plastics and coatings for electronics. The industrial materials segment sells airbag fabrics and polyester for tires to the automotive industry. The healthcare segment sells enzymes for diagnostics, diagnostic systems, pharmaceuticals, and seawater desalination modules. The textiles segment sells synthetic and acrylic fibers used for apparel production. The majority of revenue comes from Japan.
66GF Score

Get the complete analysis for TYOBY

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

$10.70
Price
$5.77
GF Value