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Tamil Nadu Newsprint & PapersNSE:TNPL -0.61%72 Cyclically Adjusted PB Ratio is 0.47 as of Jul. 31, 2026, which is 23% below its 10-year median of 0.61. GuruFocus rates NSE:TNPL with a GF Score™ of 72/100 and a GF Value™ of ₹182.49 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 240 Forest Products companies, Tamil Nadu Newsprint & Papers ranks better than 66.67% on this metric.
The historical rank and industry rank for Tamil Nadu Newsprint & Papers's Cyclically Adjusted PB Ratio or its related term are showing as below:
NSE:TNPL'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.61 Max: 1.02
Current: 0.47
During the past years, Tamil Nadu Newsprint & Papers's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.36. And the median was 0.61.
NSE:TNPL's Cyclically Adjusted PB Ratio is ranked better than 66.67% of 240
companies
in the Forest Products industry
Industry Median: 0.735
vs NSE:TNPL: 0.47
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.
Tamil Nadu Newsprint & Papers's adjusted book value per share data for the three months ended in Mar. 2026 was ₹334.626. 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 ₹318.25 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tamil Nadu Newsprint & Papers (NSE:TNPL) 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.
Tamil Nadu Newsprint & Papers Cyclically Adjusted PB Ratio Related Terms
Tamil Nadu Newsprint & Papers Cyclically Adjusted PB Ratio Historical Data
* 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.
Tamil Nadu Newsprint & Papers Cyclically Adjusted PB Ratio Chart
Tamil Nadu Newsprint & Papers Cyclically Adjusted PB Ratio Competitor Comparison
For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.
Tamil Nadu Newsprint & Papers Cyclically Adjusted PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Tamil Nadu Newsprint & Papers's Cyclically Adjusted PB Ratio falls into.
Tamil Nadu Newsprint & Papers 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.
* 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.
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 0.47 mean?
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a Cyclically Adjusted PB Ratio of 0.47 as of Jul. 31, 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 Tamil Nadu Newsprint & Papers and its competitors. This is 23% below median its historical median of 0.61. Over the past decade, Tamil Nadu Newsprint & Papers' Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.02. According to the industry distribution chart, Tamil Nadu Newsprint & Papers ranks #80 out of 240 companies in the Forest Products industry, placing it in the top 33.3%.
Is Tamil Nadu Newsprint & Papers' Cyclically Adjusted PB Ratio too high?
Tamil Nadu Newsprint & Papers' current Cyclically Adjusted PB Ratio of 0.47 is 23% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.02. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. Tamil Nadu Newsprint & Papers' value of 0.47 is 36.1% below this industry median. Based on the distribution chart, Tamil Nadu Newsprint & Papers ranks #80 out of 240 companies in the Forest Products industry, which is above the industry midpoint. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' Cyclically Adjusted PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Tamil Nadu Newsprint & Papers ranks #80 out of 240 companies for Cyclically Adjusted PB Ratio. This puts Tamil Nadu Newsprint & Papers in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. Tamil Nadu Newsprint & Papers' value of 0.47 is 36.1% below this benchmark. Historically, Tamil Nadu Newsprint & Papers' own Cyclically Adjusted PB Ratio has ranged from 0.36 to 1.02 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.74, Tamil Nadu Newsprint & Papers 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 240 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. Tamil Nadu Newsprint & Papers's current Cyclically Adjusted PB Ratio of 0.47 is 36.1% 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 Tamil Nadu Newsprint & Papers and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamil Nadu Newsprint & Papers's current Cyclically Adjusted PB Ratio is 0.47, which is 23% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹182.49, compared to a current price of ₹149.46 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.47, which is 23% below median its 10-year median of 0.61 and 36.1% below the Forest Products industry median of 0.74. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 with 8 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current Cyclically Adjusted PB Ratio is 0.47 as of Jul. 31, 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued.
The current stock price of ₹149.46 is trading 18.1% below its estimated GF Value™ of ₹182.49.
GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.
Key valuation signals for NSE:TNPL:
Cyclically Adjusted PB Ratio: 0.47 (23% below median its 10-year median of 0.61)
GF Value™: ₹182.49 vs. price of ₹149.46 (18.1% below fair value)
Industry Position: 36.1% below the Forest Products median (#80 of 240)
No single metric tells the full story. See the NSE:TNPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score
Get the complete analysis for NSE:TNPL
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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