RWAY (Runway Growth Finance) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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RWAY Runway Growth Finance Corp RWAY
58 GF Score
Price $5.78
GF Value $10.35
Valuation Possible Value Trap
! 4 Warning Signs
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What is Runway Growth Finance Cyclically Adjusted PB Ratio?

Runway Growth Finance does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Runway Growth Finance  (NAS:RWAY) 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.


Runway Growth Finance Cyclically Adjusted PB Ratio Related Terms


Runway Growth Finance Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Runway Growth 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.

Runway Growth Finance Cyclically Adjusted PB Ratio Chart

Runway Growth Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Runway Growth Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00

RWAY vs NPV, SRV, LIEN: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Runway Growth 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.


Runway Growth Finance Cyclically Adjusted PB Ratio vs Asset Management Industry

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

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


RWAY
58GF Score
Runway Growth Finance Corp RWAY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Runway Growth 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.

Runway Growth Finance does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Runway Growth Finance (RWAY) Overvalued in 2026?

Based on GuruFocus' analysis, Runway Growth Finance stock appears to be undervalued. The current stock price of $5.78 is trading 44.2% below its estimated GF Value™ of $10.35. GuruFocus considers Runway Growth Finance to be Possible Value Trap.

Key valuation signals for RWAY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $10.35 vs. price of $5.78 (44.2% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Runway Growth Finance Business Description

Other Exchanges 0KG:Germany
Address 205 N. Michigan Avenue, Suite 4200, Chicago, IL, USA, 60601
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company has Investments in the United States, Germany, and UK, Canada, Netherlands, with the majority of its portfolio invested in the United States. The company's investment objective is to maximize its total return to its stockholders through current income on its loan portfolio, and secondarily through capital gain on its warrants and other equity positions.
58GF Score

Get the complete analysis for RWAY

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

$5.78
Price
$10.35
GF Value