TriplePoint Venture Growth BDC (STU:6JS) Cyclically Adjusted PB Ratio: 0.33 (As of Jul. 11, 2026) — 30% Below Median


STU:6JS TriplePoint Venture Growth BDC Corp STU:6JS
29 GF Score
Price €4.14
GF Value €18.95
Valuation Significantly Undervalued
! 4 Warning Signs
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What is TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio?

TriplePoint Venture Growth BDC STU:6JS +2.27% 29 Cyclically Adjusted PB Ratio is 0.33 as of Jul. 11, 2026, which is 30% below its 10-year median of 0.47. GuruFocus rates STU:6JS with a GF Score™ of 29/100 and a GF Value™ of €18.95 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,005 Asset Management companies, TriplePoint Venture Growth BDC ranks better than 86.87% on this metric.

As of today (2026-07-11), TriplePoint Venture Growth BDC's current share price is €4.138. TriplePoint Venture Growth BDC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €12.54. TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:6JS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.47   Max: 0.72
Current: 0.32

During the past years, TriplePoint Venture Growth BDC's highest Cyclically Adjusted PB Ratio was 0.72. The lowest was 0.31. And the median was 0.47.

STU:6JS's Cyclically Adjusted PB Ratio is ranked better than
86.87% of 1005 companies
in the Asset Management industry
Industry Median: 0.85 vs STU:6JS: 0.32

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.

TriplePoint Venture Growth BDC's adjusted book value per share data for the three months ended in Mar. 2026 was €7.478. 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 €12.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TriplePoint Venture Growth BDC  (STU:6JS) 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.


TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio Related Terms


TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio Chart

TriplePoint Venture Growth BDC 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 0.00 0.00 0.68 0.48 0.45

TriplePoint Venture Growth BDC 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 0.46 0.47 0.39 0.45 0.34

STU:6JS vs NRO, OPP, WIA: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.


TriplePoint Venture Growth BDC Cyclically Adjusted PB Ratio vs Asset Management Industry

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

* The bar in red indicates where TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio falls into.


STU:6JS
29GF Score
TriplePoint Venture Growth BDC Corp STU:6JS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TriplePoint Venture Growth BDC 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.

TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.138/12.54
=0.33

* 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.

TriplePoint Venture Growth BDC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TriplePoint Venture Growth BDC'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)
=7.478/330.2130*330.2130
=7.478

Current CPI (Mar. 2026) = 330.2130.

TriplePoint Venture Growth BDC Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.617 241.018 15.916
201609 11.970 241.428 16.372
201612 12.805 241.432 17.514
201703 12.514 243.801 16.949
201706 12.031 244.955 16.218
201709 11.231 246.819 15.026
201712 11.197 246.524 14.998
201803 10.818 249.554 14.315
201806 11.512 251.989 15.086
201809 11.645 252.439 15.233
201812 11.867 251.233 15.598
201903 12.023 254.202 15.618
201906 12.555 256.143 16.186
201909 12.235 256.759 15.735
201912 12.007 256.974 15.429
202003 11.627 258.115 14.875
202006 11.698 257.797 14.984
202009 11.274 260.280 14.303
202012 10.662 260.474 13.517
202103 10.917 264.877 13.610
202106 10.811 271.696 13.139
202109 11.834 274.310 14.246
202112 12.400 278.802 14.687
202203 12.564 287.504 14.430
202206 12.309 296.311 13.717
202209 12.821 296.808 14.264
202212 11.215 296.797 12.478
202303 10.923 301.836 11.950
202306 9.880 305.109 10.693
202309 9.714 307.789 10.422
202312 8.441 306.746 9.087
202403 8.296 312.332 8.771
202406 8.208 314.175 8.627
202409 8.195 315.301 8.583
202412 8.225 315.605 8.606
202503 7.977 319.799 8.237
202506 7.497 322.561 7.675
202509 7.488 324.800 7.613
202512 7.458 324.054 7.600
202603 7.478 330.213 7.478

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 0.33 mean?
TriplePoint Venture Growth BDC (STU:6JS) has a Cyclically Adjusted PB Ratio of 0.33 as of Jul. 11, 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 TriplePoint Venture Growth BDC and its competitors. This is 30% below median its historical median of 0.47. Over the past decade, TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.72. According to the industry distribution chart, TriplePoint Venture Growth BDC ranks #132 out of 1005 companies in the Asset Management industry, placing it in the top 13.1%.
Is TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio too high?
TriplePoint Venture Growth BDC's current Cyclically Adjusted PB Ratio of 0.33 is 30% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.72. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. TriplePoint Venture Growth BDC's value of 0.33 is 61.2% below this industry median. Based on the distribution chart, TriplePoint Venture Growth BDC ranks #132 out of 1005 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, TriplePoint Venture Growth BDC has a GF Score™ of 29/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TriplePoint Venture Growth BDC's Cyclically Adjusted PB Ratio compare to NRO and OPP?
According to the Asset Management industry distribution chart, TriplePoint Venture Growth BDC ranks #132 out of 1005 companies for Cyclically Adjusted PB Ratio. This places TriplePoint Venture Growth BDC in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.85. TriplePoint Venture Growth BDC's value of 0.33 is 61.2% below this benchmark. Historically, TriplePoint Venture Growth BDC's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 0.72 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.85, TriplePoint Venture Growth BDC 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,005 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. TriplePoint Venture Growth BDC's current Cyclically Adjusted PB Ratio of 0.33 is 61.2% 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 TriplePoint Venture Growth BDC and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TriplePoint Venture Growth BDC's current Cyclically Adjusted PB Ratio is 0.33, which is 30% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TriplePoint Venture Growth BDC stock overvalued right now?
Based on GuruFocus' analysis, TriplePoint Venture Growth BDC (STU:6JS) is currently considered Significantly Undervalued. The stock's GF Value™ is €18.95, compared to a current price of €4.14 — trading 78.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is 30% below median its 10-year median of 0.47 and 61.2% below the Asset Management industry median of 0.85. TriplePoint Venture Growth BDC's overall GF Score™ is 29/100 with 4 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 TriplePoint Venture Growth BDC (STU:6JS), the current Cyclically Adjusted PB Ratio is 0.33 as of Jul. 11, 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 TriplePoint Venture Growth BDC (STU:6JS) Overvalued in 2026?

Based on GuruFocus' analysis, TriplePoint Venture Growth BDC stock appears to be undervalued. The current stock price of €4.14 is trading 78.2% below its estimated GF Value™ of €18.95. GuruFocus considers TriplePoint Venture Growth BDC to be Significantly Undervalued.

Key valuation signals for STU:6JS:

  • Cyclically Adjusted PB Ratio: 0.33 (30% below median its 10-year median of 0.47)
  • GF Value™: €18.95 vs. price of €4.14 (78.2% below fair value)
  • GF Score™: 29/100 with 4 warning signs
  • Industry Position: 61.2% below the Asset Management median (#132 of 1005)

No single metric tells the full story. See the STU:6JS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TriplePoint Venture Growth BDC Business Description

Other Exchanges TPVG:USA
Address 2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the firm's operations are located across the United States.
29GF Score

Get the complete analysis for STU:6JS

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

€4.14
Price
€18.95
GF Value