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TriplePoint Venture Growth BDC (FRA:6JS) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 01, 2025)


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What is TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio?

As of today (2025-06-01), TriplePoint Venture Growth BDC's current share price is €5.974. TriplePoint Venture Growth BDC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €13.94. TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio for today is 0.43.

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

FRA:6JS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.53   Max: 0.72
Current: 0.46

During the past years, TriplePoint Venture Growth BDC's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.39. And the median was 0.53.

FRA:6JS's Cyclically Adjusted PB Ratio is ranked better than
79.39% of 946 companies
in the Asset Management industry
Industry Median: 0.8 vs FRA:6JS: 0.46

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.

TriplePoint Venture Growth BDC's adjusted book value per share data for the three months ended in Mar. 2025 was €7.977. 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 €13.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TriplePoint Venture Growth BDC'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.

* Premium members only.

TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio Chart

TriplePoint Venture Growth BDC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.68 0.48

TriplePoint Venture Growth BDC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.60 0.51 0.45 0.48 0.46

Competitive Comparison of TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.


TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio falls into.


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TriplePoint Venture Growth BDC 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.

TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.974/13.94
=0.43

* 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.

TriplePoint Venture Growth BDC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, TriplePoint Venture Growth BDC's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.977/134.9266*134.9266
=7.977

Current CPI (Mar. 2025) = 134.9266.

TriplePoint Venture Growth BDC Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.956 100.684 17.362
201509 12.934 100.392 17.383
201512 13.044 99.792 17.636
201603 12.037 100.470 16.165
201606 11.617 101.688 15.414
201609 11.970 101.861 15.856
201612 12.805 101.863 16.961
201703 12.514 102.862 16.415
201706 12.031 103.349 15.707
201709 11.231 104.136 14.552
201712 11.197 104.011 14.525
201803 10.818 105.290 13.863
201806 11.512 106.317 14.610
201809 11.645 106.507 14.752
201812 11.867 105.998 15.106
201903 12.023 107.251 15.126
201906 12.555 108.070 15.675
201909 12.235 108.329 15.239
201912 12.007 108.420 14.942
202003 11.627 108.902 14.406
202006 11.698 108.767 14.511
202009 11.274 109.815 13.852
202012 10.662 109.897 13.090
202103 10.917 111.754 13.181
202106 10.811 114.631 12.725
202109 11.834 115.734 13.796
202112 12.400 117.630 14.223
202203 12.564 121.301 13.975
202206 12.309 125.017 13.285
202209 12.821 125.227 13.814
202212 11.215 125.222 12.084
202303 10.923 127.348 11.573
202306 9.880 128.729 10.356
202309 9.714 129.860 10.093
202312 8.441 129.419 8.800
202403 8.296 131.776 8.494
202406 8.208 132.554 8.355
202409 8.195 133.029 8.312
202412 8.225 133.157 8.334
202503 7.977 134.927 7.977

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.


TriplePoint Venture Growth BDC  (FRA:6JS) 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.


TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio Related Terms

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TriplePoint Venture Growth BDC Business Description

Traded in Other Exchanges
Address
2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the United states.

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