Truworths International (NAM:TRW) Cyclically Adjusted PB Ratio: 1.97 (As of Jul. 29, 2026) — 31% Below Median

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NAM:TRW Truworths International Ltd NAM:TRW
88 GF Score
Price R50.00
GF Value R77.55
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Truworths International Cyclically Adjusted PB Ratio?

Truworths International NAM:TRW 88 Cyclically Adjusted PB Ratio is 1.97 as of Jul. 29, 2026, which is 31% below its 10-year median of 2.85. GuruFocus rates NAM:TRW with a GF Score™ of 88/100 and a GF Value™ of R77.55 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 808 Retail - Cyclical companies, Truworths International ranks worse than 66.71% on this metric.

As of today (2026-07-29), Truworths International's current share price is R50.00. Truworths International's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was R25.40. Truworths International's Cyclically Adjusted PB Ratio for today is 1.97.

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

NAM:TRW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.85   Max: 6.42
Current: 1.99

During the past 13 years, Truworths International's highest Cyclically Adjusted PB Ratio was 6.42. The lowest was 1.22. And the median was 2.85.

NAM:TRW's Cyclically Adjusted PB Ratio is ranked worse than
66.71% of 808 companies
in the Retail - Cyclical industry
Industry Median: 1.235 vs NAM:TRW: 1.99

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.

Truworths International's adjusted book value per share data of for the fiscal year that ended in Jun25 was R28.588. 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 R25.40 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Truworths International  (NAM:TRW) 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.


Truworths International Cyclically Adjusted PB Ratio Related Terms


Truworths International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Truworths International'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.

Truworths International Cyclically Adjusted PB Ratio Chart

Truworths International Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 2.23 2.40 3.78 2.81

Truworths International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 3.78 0.00 2.81 0.00

NAM:TRW vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, Truworths International'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.


Truworths International Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Truworths International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NAM:TRW
88GF Score
Truworths International Ltd NAM:TRW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Truworths International 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.

Truworths International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.00/25.40
=1.97

* 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.

Truworths International's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Truworths International's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=28.588/160.9852*160.9852
=28.588

Current CPI (Jun25) = 160.9852.

Truworths International Annual Data

Book Value per Share CPI Adj_Book
201606 20.320 106.713 30.654
201706 22.007 112.054 31.617
201806 23.009 116.959 31.670
201906 19.692 122.191 25.944
202006 14.497 124.807 18.699
202106 15.619 131.113 19.178
202206 16.577 140.835 18.949
202306 20.726 148.802 22.423
202406 25.537 156.269 26.308
202506 28.588 160.985 28.588

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 1.97 mean?
Truworths International (NAM:TRW) has a Cyclically Adjusted PB Ratio of 1.97 as of Jul. 29, 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 Truworths International and its competitors. This is 31% below median its historical median of 2.85. Over the past decade, Truworths International's Cyclically Adjusted PB Ratio has ranged from 1.22 to 6.42. According to the industry distribution chart, Truworths International ranks #539 out of 808 companies in the Retail - Cyclical industry, placing it in the top 66.7%.
Is Truworths International's Cyclically Adjusted PB Ratio too high?
Truworths International's current Cyclically Adjusted PB Ratio of 1.97 is 31% below median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 6.42. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. Truworths International's value of 1.97 is 59.5% above this industry median. Based on the distribution chart, Truworths International ranks #539 out of 808 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Truworths International has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Truworths International's Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Truworths International ranks #539 out of 808 companies for Cyclically Adjusted PB Ratio. This places Truworths International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Truworths International's value of 1.97 is 59.5% above this benchmark. Historically, Truworths International's own Cyclically Adjusted PB Ratio has ranged from 1.22 to 6.42 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 1.24, Truworths International 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 808 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. Truworths International's current Cyclically Adjusted PB Ratio of 1.97 is 59.5% 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 Truworths International and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truworths International's current Cyclically Adjusted PB Ratio is 1.97, which is 31% below median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truworths International stock overvalued right now?
Based on GuruFocus' analysis, Truworths International (NAM:TRW) is currently considered Significantly Undervalued. The stock's GF Value™ is R77.55, compared to a current price of R50.00 — trading 35.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.97, which is 31% below median its 10-year median of 2.85 and 59.5% above the Retail - Cyclical industry median of 1.24. Truworths International's overall GF Score™ is 88/100 with 2 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 Truworths International (NAM:TRW), the current Cyclically Adjusted PB Ratio is 1.97 as of Jul. 29, 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 Truworths International (NAM:TRW) Overvalued in 2026?

Based on GuruFocus' analysis, Truworths International stock appears to be undervalued. The current stock price of R50.00 is trading 35.5% below its estimated GF Value™ of R77.55. GuruFocus considers Truworths International to be Significantly Undervalued.

Key valuation signals for NAM:TRW:

  • Cyclically Adjusted PB Ratio: 1.97 (31% below median its 10-year median of 2.85)
  • GF Value™: R77.55 vs. price of R50.00 (35.5% below fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 59.5% above the Retail - Cyclical median (#539 of 808)

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


Truworths International Business Description

Other Exchanges TRU:South AfricaIUE:Germany
Address No. 1 Mostert Street, CBD, Cape Town, WC, ZAF, 8001
Truworths International Ltd is an investment holding company. The company, along with its subsidiaries, manufactures and retails branded fashion clothing, footwear, homeware, cosmetics, hair and skin care products, and related merchandise through physical stores and online shopping. Its segments are i) The Truworths Africa: comprises the company's retail and e-commerce operations in Africa, through which it sells fashion apparel, footwear, other fashion products, and homeware. and ii) the Office UK business unit: comprises the footwear retail activities conducted by the company through stores, concession outlets, wholesale partnerships and an e-commerce channel in the United Kingdom and the Republic of Ireland. The majority of revenue is derived from the Truworths Africa business unit.
88GF Score

Get the complete analysis for NAM:TRW

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

R50.00
Price
R77.55
GF Value