Toyo Engineering (FRA:6AE) Cyclically Adjusted PS Ratio: 0.31 (As of Jul. 24, 2026) — 182% Above Median

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FRA:6AE Toyo Engineering Corp FRA:6AE
46 GF Score
Price €10.00
GF Value €3.43
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Toyo Engineering Cyclically Adjusted PS Ratio?

Toyo Engineering FRA:6AE +0.50% 46 Cyclically Adjusted PS Ratio is 0.31 as of Jul. 24, 2026, which is 182% above its 10-year median of 0.11. GuruFocus rates FRA:6AE with a GF Score™ of 46/100 and a GF Value™ of €3.43 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,358 Construction companies, Toyo Engineering ranks better than 74.89% on this metric.

As of today (2026-07-24), Toyo Engineering's current share price is €10.00. Toyo Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €31.94. Toyo Engineering's Cyclically Adjusted PS Ratio for today is 0.31.

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

FRA:6AE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.11   Max: 1.13
Current: 0.3

During the past years, Toyo Engineering's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.04. And the median was 0.11.

FRA:6AE's Cyclically Adjusted PS Ratio is ranked better than
74.89% of 1358 companies
in the Construction industry
Industry Median: 0.7 vs FRA:6AE: 0.30

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Toyo Engineering's adjusted revenue per share data for the three months ended in Mar. 2026 was €4.748. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €31.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyo Engineering  (FRA:6AE) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Toyo Engineering Cyclically Adjusted PS Ratio Related Terms


Toyo Engineering Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Toyo Engineering's Cyclically Adjusted PS 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.

Toyo Engineering Cyclically Adjusted PS Ratio Chart

Toyo Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.15 0.11 0.44

Toyo Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.11 0.12 0.26 0.51 0.44

FRA:6AE vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Toyo Engineering's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Toyo Engineering Cyclically Adjusted PS Ratio vs Construction Industry

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

* The bar in red indicates where Toyo Engineering's Cyclically Adjusted PS Ratio falls into.


FRA:6AE
46GF Score
Toyo Engineering Corp FRA:6AE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Engineering Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Toyo Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.00/31.94
=0.31

* 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.

Toyo Engineering's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Toyo Engineering's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.748/112.7000*112.7000
=4.748

Current CPI (Mar. 2026) = 112.7000.

Toyo Engineering Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 21.830 98.100 25.079
201609 24.246 98.000 27.883
201612 21.053 98.400 24.113
201703 27.620 98.100 31.731
201706 18.287 98.500 20.923
201709 18.494 98.800 21.096
201712 16.075 99.400 18.226
201803 14.431 99.200 16.395
201806 15.970 99.200 18.143
201809 13.785 99.900 15.551
201812 15.575 99.700 17.606
201903 9.639 99.700 10.896
201906 8.163 99.800 9.218
201909 7.814 100.100 8.798
201912 7.399 100.500 8.297
202003 7.729 100.300 8.685
202006 6.204 99.900 6.999
202009 6.264 99.900 7.067
202012 5.863 99.300 6.654
202103 6.714 99.900 7.574
202106 6.945 99.500 7.866
202109 5.730 100.100 6.451
202112 5.631 100.100 6.340
202203 8.236 101.100 9.181
202206 5.563 101.800 6.159
202209 6.051 103.100 6.614
202212 5.441 104.100 5.890
202303 6.065 104.400 6.547
202306 6.099 105.200 6.534
202309 6.740 106.200 7.153
202312 7.860 106.800 8.294
202403 7.488 107.200 7.872
202406 6.313 108.200 6.576
202409 6.348 108.900 6.570
202412 8.873 110.700 9.033
202503 7.678 111.100 7.789
202506 5.059 111.700 5.104
202509 4.393 112.000 4.420
202512 3.541 113.000 3.532
202603 4.748 112.700 4.748

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.31 mean?
Toyo Engineering (FRA:6AE) has a Cyclically Adjusted PS Ratio of 0.31 as of Jul. 24, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toyo Engineering and its competitors. This is 182% above median its historical median of 0.11. Over the past decade, Toyo Engineering's Cyclically Adjusted PS Ratio has ranged from 0.04 to 1.13. According to the industry distribution chart, Toyo Engineering ranks #341 out of 1358 companies in the Construction industry, placing it in the top 25.1%.
Is Toyo Engineering's Cyclically Adjusted PS Ratio too high?
Toyo Engineering's current Cyclically Adjusted PS Ratio of 0.31 is 182% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.13. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Toyo Engineering's value of 0.31 is 55.7% below this industry median. Based on the distribution chart, Toyo Engineering ranks #341 out of 1358 companies in the Construction industry, which is above the industry midpoint. Overall, Toyo Engineering has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Engineering's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Toyo Engineering ranks #341 out of 1358 companies for Cyclically Adjusted PS Ratio. This puts Toyo Engineering in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Toyo Engineering's value of 0.31 is 55.7% below this benchmark. Historically, Toyo Engineering's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 1.13 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.70, Toyo Engineering 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 PS Ratio for a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,358 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toyo Engineering's current Cyclically Adjusted PS Ratio of 0.31 is 55.7% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Toyo Engineering and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Engineering's current Cyclically Adjusted PS Ratio is 0.31, which is 182% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Toyo Engineering (FRA:6AE) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.43, compared to a current price of €10.00 — trading 191.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is 182% above median its 10-year median of 0.11 and 55.7% below the Construction industry median of 0.70. Toyo Engineering's overall GF Score™ is 46/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Toyo Engineering (FRA:6AE), the current Cyclically Adjusted PS Ratio is 0.31 as of Jul. 24, 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 Toyo Engineering (FRA:6AE) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Engineering stock appears to be overvalued. The current stock price of €10.00 is trading 191.5% above its estimated GF Value™ of €3.43. GuruFocus considers Toyo Engineering to be Significantly Overvalued.

Key valuation signals for FRA:6AE:

  • Cyclically Adjusted PS Ratio: 0.31 (182% above median its 10-year median of 0.11)
  • GF Value™: €3.43 vs. price of €10.00 (191.5% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 55.7% below the Construction median (#341 of 1358)

No single metric tells the full story. See the FRA:6AE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Engineering Business Description

Other Exchanges 6330:Japan
Address 2-8-1 Akanehama Narashino-shi, Chiba, JPN
Toyo Engineering Corp provides engineering and construction services for industrial facilities. It designs, procures materials, builds, and offers technical assistance for oil and gas, petrochemicals, water treatment, transportation, power generation, and other industrial markets. Project management skills partnered with technological solutions allow the company to offer customized solutions and manufacture various power plants and infrastructure projects. Toyo operates three business groups: engineering, procurement, and construction (the majority of total revenue); IT; and real estate. A global network of employees gathers data from customers, and company locations are spread across Asia, North America, and South America to collect regional information.
46GF Score

Get the complete analysis for FRA:6AE

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

€10.00
Price
€3.43
GF Value