Tronox Holdings (STU:T5X) Cyclically Adjusted PB Ratio: 0.51 (As of Aug. 18, 2026) — 52% Below Median

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STU:T5X Tronox Holdings PLC STU:T5X
63 GF Score
Price €4.97
GF Value €8.41
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Tronox Holdings Cyclically Adjusted PB Ratio?

Tronox Holdings STU:T5X -3.39% 63 Cyclically Adjusted PB Ratio is 0.51 as of Aug. 18, 2026, which is 52% below its 10-year median of 1.06. GuruFocus rates STU:T5X with a GF Score™ of 63/100 and a GF Value™ of €8.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,203 Chemicals companies, Tronox Holdings ranks better than 88.94% on this metric.

As of today (2026-08-18), Tronox Holdings's current share price is €4.966. Tronox Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.80. Tronox Holdings's Cyclically Adjusted PB Ratio for today is 0.51.

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

STU:T5X' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.06   Max: 2.36
Current: 0.51

During the past years, Tronox Holdings's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 0.28. And the median was 1.06.

STU:T5X's Cyclically Adjusted PB Ratio is ranked better than
88.94% of 1203 companies
in the Chemicals industry
Industry Median: 1.68 vs STU:T5X: 0.51

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.

Tronox Holdings's adjusted book value per share data for the three months ended in Jun. 2026 was €6.310. 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 €9.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tronox Holdings  (STU:T5X) 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.


Tronox Holdings Cyclically Adjusted PB Ratio Related Terms


Tronox Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tronox Holdings'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.

Tronox Holdings Cyclically Adjusted PB Ratio Chart

Tronox Holdings 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 1.79 1.05 1.17 0.89 0.37

Tronox Holdings 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 0.45 0.36 0.37 0.87 0.56

STU:T5X vs LXU, GPRE, WLKP: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Tronox Holdings'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.


Tronox Holdings Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:T5X
63GF Score
Tronox Holdings PLC STU:T5X
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tronox Holdings 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.

Tronox Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.966/9.80
=0.51

* 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.

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

For example, Tronox Holdings'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)
=6.31/333.9520*333.9520
=6.310

Current CPI (Jun. 2026) = 333.9520.

Tronox Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.627 241.428 9.167
201612 8.223 241.432 11.374
201703 7.893 243.801 10.812
201706 7.584 244.955 10.339
201709 5.241 246.819 7.091
201712 5.776 246.524 7.824
201803 5.489 249.554 7.345
201806 5.050 251.989 6.693
201809 4.929 252.439 6.521
201812 4.884 251.233 6.492
201903 4.054 254.202 5.326
201906 4.775 256.143 6.226
201909 4.268 256.759 5.551
201912 4.744 256.974 6.165
202003 3.491 258.115 4.517
202006 3.725 257.797 4.825
202009 9.174 260.280 11.771
202012 9.723 260.474 12.466
202103 9.931 264.877 12.521
202106 10.387 271.696 12.767
202109 10.775 274.310 13.118
202112 11.464 278.802 13.732
202203 12.082 287.504 14.034
202206 13.936 296.311 15.706
202209 14.850 296.808 16.708
202212 14.402 296.797 16.205
202303 14.000 301.836 15.490
202306 12.015 305.109 13.151
202309 11.910 307.789 12.922
202312 11.323 306.746 12.327
202403 10.970 312.332 11.729
202406 11.166 314.175 11.869
202409 10.914 315.301 11.560
202412 10.648 315.605 11.267
202503 9.772 319.799 10.204
202506 9.002 322.561 9.320
202509 8.388 324.800 8.624
202512 7.637 324.054 7.870
202603 6.990 330.213 7.069
202606 6.310 333.952 6.310

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 0.51 mean?
Tronox Holdings (STU:T5X) has a Cyclically Adjusted PB Ratio of 0.51 as of Aug. 18, 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 Tronox Holdings and its competitors. This is 52% below median its historical median of 1.06. Over the past decade, Tronox Holdings' Cyclically Adjusted PB Ratio has ranged from 0.28 to 2.36. According to the industry distribution chart, Tronox Holdings ranks #133 out of 1203 companies in the Chemicals industry, placing it in the top 11.1%.
Is Tronox Holdings' Cyclically Adjusted PB Ratio too high?
Tronox Holdings' current Cyclically Adjusted PB Ratio of 0.51 is 52% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.36. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.68. Tronox Holdings' value of 0.51 is 69.6% below this industry median. Based on the distribution chart, Tronox Holdings ranks #133 out of 1203 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tronox Holdings has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tronox Holdings' Cyclically Adjusted PB Ratio compare to LXU and GPRE?
According to the Chemicals industry distribution chart, Tronox Holdings ranks #133 out of 1203 companies for Cyclically Adjusted PB Ratio. This places Tronox Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.68. Tronox Holdings' value of 0.51 is 69.6% below this benchmark. Historically, Tronox Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.28 to 2.36 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.68, Tronox Holdings 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.68, based on 1,203 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. Tronox Holdings's current Cyclically Adjusted PB Ratio of 0.51 is 69.6% 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 Tronox Holdings and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tronox Holdings's current Cyclically Adjusted PB Ratio is 0.51, which is 52% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tronox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tronox Holdings (STU:T5X) is currently considered Possible Value Trap. The stock's GF Value™ is €8.41, compared to a current price of €4.97 — trading 41% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 52% below median its 10-year median of 1.06 and 69.6% below the Chemicals industry median of 1.68. Tronox Holdings' overall GF Score™ is 63/100 with 6 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 Tronox Holdings (STU:T5X), the current Cyclically Adjusted PB Ratio is 0.51 as of Aug. 18, 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 Tronox Holdings (STU:T5X) Overvalued in 2026?

Based on GuruFocus' analysis, Tronox Holdings stock appears to be undervalued. The current stock price of €4.97 is trading 41% below its estimated GF Value™ of €8.41. GuruFocus considers Tronox Holdings to be Possible Value Trap.

Key valuation signals for STU:T5X:

  • Cyclically Adjusted PB Ratio: 0.51 (52% below median its 10-year median of 1.06)
  • GF Value™: €8.41 vs. price of €4.97 (41% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 69.6% below the Chemicals median (#133 of 1203)

No single metric tells the full story. See the STU:T5X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tronox Holdings Business Description

Other Exchanges TROX:USA
Address 263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. Europe, the Middle East, and Africa regions contribute the majority of revenue.
63GF Score

Get the complete analysis for STU:T5X

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

€4.97
Price
€8.41
GF Value