Tejon Ranch Co (STU:2TJ) Cyclically Adjusted PB Ratio: 0.85 (As of Aug. 07, 2026) — 17% Below Median

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STU:2TJ Tejon Ranch Co STU:2TJ
65 GF Score
Price €14.20
GF Value €16.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tejon Ranch Co Cyclically Adjusted PB Ratio?

Tejon Ranch Co STU:2TJ +0.71% 65 Cyclically Adjusted PB Ratio is 0.85 as of Aug. 07, 2026, which is 17% below its 10-year median of 1.02. GuruFocus rates STU:2TJ with a GF Score™ of 65/100 and a GF Value™ of €16.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 463 Conglomerates companies, Tejon Ranch Co ranks better than 57.02% on this metric.

As of today (2026-08-07), Tejon Ranch Co's current share price is €14.20. Tejon Ranch Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €16.66. Tejon Ranch Co's Cyclically Adjusted PB Ratio for today is 0.85.

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

STU:2TJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.02   Max: 2.16
Current: 0.84

During the past years, Tejon Ranch Co's highest Cyclically Adjusted PB Ratio was 2.16. The lowest was 0.81. And the median was 1.02.

STU:2TJ's Cyclically Adjusted PB Ratio is ranked better than
57.02% of 463 companies
in the Conglomerates industry
Industry Median: 1.02 vs STU:2TJ: 0.84

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.

Tejon Ranch Co's adjusted book value per share data for the three months ended in Mar. 2026 was €15.206. 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 €16.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tejon Ranch Co  (STU:2TJ) 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.


Tejon Ranch Co Cyclically Adjusted PB Ratio Related Terms


Tejon Ranch Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tejon Ranch Co'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.

Tejon Ranch Co Cyclically Adjusted PB Ratio Chart

Tejon Ranch Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.07 0.94 0.85 0.82

Tejon Ranch Co 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 0.83 0.89 0.83 0.82 0.97

STU:2TJ vs FIP, AIAI, FBYD: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Tejon Ranch Co'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.


Tejon Ranch Co Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tejon Ranch Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tejon Ranch Co's Cyclically Adjusted PB Ratio falls into.


STU:2TJ
65GF Score
Tejon Ranch Co STU:2TJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tejon Ranch Co 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.

Tejon Ranch Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/16.66
=0.85

* 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.

Tejon Ranch Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tejon Ranch Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.206/330.2130*330.2130
=15.206

Current CPI (Mar. 2026) = 330.2130.

Tejon Ranch Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.173 241.018 16.678
201609 12.256 241.428 16.763
201612 13.522 241.432 18.494
201703 13.258 243.801 17.957
201706 12.691 244.955 17.108
201709 12.001 246.819 16.056
201712 12.995 246.524 17.406
201803 12.521 249.554 16.568
201806 13.228 251.989 17.334
201809 13.401 252.439 17.530
201812 14.191 251.233 18.652
201903 14.261 254.202 18.525
201906 14.267 256.143 18.393
201909 14.611 256.759 18.791
201912 14.838 256.974 19.067
202003 14.734 258.115 18.850
202006 14.480 257.797 18.547
202009 13.907 260.280 17.644
202012 13.450 260.474 17.051
202103 13.740 264.877 17.129
202106 13.686 271.696 16.634
202109 14.066 274.310 16.933
202112 14.788 278.802 17.515
202203 15.349 287.504 17.629
202206 16.035 296.311 17.870
202209 17.544 296.808 19.519
202212 16.440 296.797 18.291
202303 16.144 301.836 17.662
202306 16.019 305.109 17.337
202309 16.325 307.789 17.514
202312 16.021 306.746 17.247
202403 16.045 312.332 16.964
202406 16.261 314.175 17.091
202409 15.736 315.301 16.480
202412 16.862 315.605 17.642
202503 16.266 319.799 16.796
202506 15.208 322.561 15.569
202509 14.992 324.800 15.242
202512 15.077 324.054 15.364
202603 15.206 330.213 15.206

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 0.85 mean?
Tejon Ranch Co (STU:2TJ) has a Cyclically Adjusted PB Ratio of 0.85 as of Aug. 07, 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 Tejon Ranch Co and its competitors. This is 17% below median its historical median of 1.02. Over the past decade, Tejon Ranch Co's Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.16. According to the industry distribution chart, Tejon Ranch Co ranks #199 out of 463 companies in the Conglomerates industry, placing it in the top 43%.
Is Tejon Ranch Co's Cyclically Adjusted PB Ratio too high?
Tejon Ranch Co's current Cyclically Adjusted PB Ratio of 0.85 is 17% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.16. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Tejon Ranch Co's value of 0.85 is 16.7% below this industry median. Based on the distribution chart, Tejon Ranch Co ranks #199 out of 463 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tejon Ranch Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tejon Ranch Co's Cyclically Adjusted PB Ratio compare to FIP and AIAI?
According to the Conglomerates industry distribution chart, Tejon Ranch Co ranks #199 out of 463 companies for Cyclically Adjusted PB Ratio. This puts Tejon Ranch Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Tejon Ranch Co's value of 0.85 is 16.7% below this benchmark. Historically, Tejon Ranch Co's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 2.16 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.02, Tejon Ranch Co 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 463 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. Tejon Ranch Co's current Cyclically Adjusted PB Ratio of 0.85 is 16.7% 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 Tejon Ranch Co and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tejon Ranch Co's current Cyclically Adjusted PB Ratio is 0.85, which is 17% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejon Ranch Co stock overvalued right now?
Based on GuruFocus' analysis, Tejon Ranch Co (STU:2TJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.02, compared to a current price of €14.20 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is 17% below median its 10-year median of 1.02 and 16.7% below the Conglomerates industry median of 1.02. Tejon Ranch Co's overall GF Score™ is 65/100 with 5 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 Tejon Ranch Co (STU:2TJ), the current Cyclically Adjusted PB Ratio is 0.85 as of Aug. 07, 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 Tejon Ranch Co (STU:2TJ) Overvalued in 2026?

Based on GuruFocus' analysis, Tejon Ranch Co stock appears to be undervalued. The current stock price of €14.20 is trading 11.4% below its estimated GF Value™ of €16.02. GuruFocus considers Tejon Ranch Co to be Modestly Undervalued.

Key valuation signals for STU:2TJ:

  • Cyclically Adjusted PB Ratio: 0.85 (17% below median its 10-year median of 1.02)
  • GF Value™: €16.02 vs. price of €14.20 (11.4% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 16.7% below the Conglomerates median (#199 of 463)

No single metric tells the full story. See the STU:2TJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tejon Ranch Co Business Description

Other Exchanges TRC:USA
Address P.O. Box 1000, Tejon Ranch, CA, USA, 93243
Tejon Ranch Co is a diversified real estate development and agribusiness company. It has six reporting segments: Real Estate - Commercial/Industrial, Multifamily, Real Estate - Resort/Residential, Mineral Resources, Farming, and Ranch Operations.
65GF Score

Get the complete analysis for STU:2TJ

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

€14.20
Price
€16.02
GF Value