Trucap Finance (NSE:TRU) Cyclically Adjusted PB Ratio: (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TRU Trucap Finance Ltd NSE:TRU
61 GF Score
Price ₹4.13
GF Value ₹4.95
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Trucap Finance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trucap Finance  (NSE:TRU) 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.


Trucap Finance Cyclically Adjusted PB Ratio Related Terms


Trucap Finance Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trucap Finance'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.

Trucap Finance Cyclically Adjusted PB Ratio Chart

Trucap Finance 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 0.00 6.68 6.66 0.64 0.39

Trucap Finance Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.93 0.00 0.39 0.00

NSE:TRU vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison

For the Credit Services subindustry, Trucap Finance'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.


Trucap Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Trucap Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


NSE:TRU
61GF Score
Trucap Finance Ltd NSE:TRU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trucap Finance 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.

Trucap Finance's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Trucap Finance's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

Trucap Finance Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.218 105.961 3.503
201612 0.000 105.196 0.000
201703 2.221 105.196 3.533
201706 0.000 107.109 0.000
201709 2.756 109.021 4.231
201712 0.000 109.404 0.000
201803 3.217 109.786 4.904
201806 0.000 111.317 0.000
201809 3.874 115.142 5.631
201812 0.000 115.142 0.000
201903 3.948 118.202 5.590
201906 0.000 120.880 0.000
201909 4.216 123.175 5.728
201912 0.000 126.235 0.000
202003 4.613 124.705 6.191
202006 0.000 127.000 0.000
202009 6.483 130.118 8.338
202012 0.000 130.889 0.000
202103 13.067 131.771 16.596
202106 0.000 134.084 0.000
202109 21.518 135.847 26.509
202112 0.000 138.161 0.000
202203 19.370 138.822 23.352
202206 0.000 142.347 0.000
202209 19.240 144.661 22.259
202212 0.000 145.763 0.000
202303 18.594 146.865 21.189
202306 0.000 150.280 0.000
202309 19.265 151.492 21.283
202312 0.000 152.924 0.000
202403 18.127 153.035 19.824
202406 0.000 155.789 0.000
202409 19.163 157.882 20.313
202412 0.000 158.323 0.000
202503 13.870 157.552 14.733
202506 0.000 159.755 0.000
202509 9.079 162.289 9.363
202512 0.000 163.281 0.000
202603 4.291 164.272 4.372
202606 0.000 167.357 0.000

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.

Is Trucap Finance (NSE:TRU) Overvalued in 2026?

Based on GuruFocus' analysis, Trucap Finance stock appears to be undervalued. The current stock price of ₹4.13 is trading 16.6% below its estimated GF Value™ of ₹4.95. GuruFocus considers Trucap Finance to be Modestly Undervalued.

Key valuation signals for NSE:TRU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹4.95 vs. price of ₹4.13 (16.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Trucap Finance Business Description

Other Exchanges 540268:India
Address Old Nagardas Road, 2nd Floor, Building No. 4, Wilson House, Andheri (East), Mumbai, MH, IND, 400 069
Trucap Finance Ltd is a non-banking finance company which engages in financing business in India. It offers products such as Loan Against Property, Personal Loan, Medical Loan and School Fee Loan among others. The company's operating segment includes Fund based activities and Advisory services. It generates maximum revenue from Fund based activities segment.
61GF Score

Get the complete analysis for NSE:TRU

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

₹4.13
Price
₹4.95
GF Value