TBTC (Table Trac) Cyclically Adjusted PB Ratio: 2.65 (As of Aug. 02, 2026) — 28% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

TBTC Table Trac Inc TBTC
73 GF Score
Price $4.40
GF Value $4.48
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Table Trac Cyclically Adjusted PB Ratio?

Table Trac TBTC -1.52% 73 Cyclically Adjusted PB Ratio is 2.65 as of Aug. 02, 2026, which is 28% below its 10-year median of 3.67. GuruFocus rates TBTC with a GF Score™ of 73/100 and a GF Value™ of $4.48 (Fairly Valued). The stock has 2 warning signs investors should review. Among 643 Travel & Leisure companies, Table Trac ranks worse than 74.03% on this metric.

As of today (2026-08-02), Table Trac's current share price is $4.40. Table Trac's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.66. Table Trac's Cyclically Adjusted PB Ratio for today is 2.65.

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

TBTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.67   Max: 5.64
Current: 2.71

During the past years, Table Trac's highest Cyclically Adjusted PB Ratio was 5.64. The lowest was 1.67. And the median was 3.67.

TBTC's Cyclically Adjusted PB Ratio is ranked worse than
74.03% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs TBTC: 2.71

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.

Table Trac's adjusted book value per share data for the three months ended in Mar. 2026 was $2.860. 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 $1.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Table Trac  (OTCPK:TBTC) 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.


Table Trac Cyclically Adjusted PB Ratio Related Terms


Table Trac Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Table Trac'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.

Table Trac Cyclically Adjusted PB Ratio Chart

Table Trac 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 3.81 4.92 3.23 2.72 2.68

Table Trac 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 2.82 3.99 3.06 2.68 2.74

TBTC vs CNTY, CPHC, FLL: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Table Trac'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.


Table Trac Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Table Trac's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TBTC
73GF Score
Table Trac Inc TBTC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Table Trac 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.

Table Trac's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.40/1.66
=2.65

* 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.

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

For example, Table Trac'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)
=2.86/330.2130*330.2130
=2.860

Current CPI (Mar. 2026) = 330.2130.

Table Trac Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.599 241.018 0.821
201609 0.581 241.428 0.795
201612 0.613 241.432 0.838
201703 0.585 243.801 0.792
201706 0.622 244.955 0.838
201709 0.682 246.819 0.912
201712 0.742 246.524 0.994
201803 0.681 249.554 0.901
201806 0.773 251.989 1.013
201809 0.877 252.439 1.147
201812 0.839 251.233 1.103
201903 0.843 254.202 1.095
201906 0.905 256.143 1.167
201909 1.019 256.759 1.311
201912 0.967 256.974 1.243
202003 1.026 258.115 1.313
202006 1.035 257.797 1.326
202009 1.054 260.280 1.337
202012 1.041 260.474 1.320
202103 1.181 264.877 1.472
202106 1.221 271.696 1.484
202109 1.267 274.310 1.525
202112 1.443 278.802 1.709
202203 1.688 287.504 1.939
202206 1.643 296.311 1.831
202209 1.712 296.808 1.905
202212 1.791 296.797 1.993
202303 1.869 301.836 2.045
202306 1.984 305.109 2.147
202309 2.017 307.789 2.164
202312 2.136 306.746 2.299
202403 2.134 312.332 2.256
202406 2.313 314.175 2.431
202409 2.371 315.301 2.483
202412 2.472 315.605 2.586
202503 2.626 319.799 2.712
202506 2.641 322.561 2.704
202509 2.639 324.800 2.683
202512 2.767 324.054 2.820
202603 2.860 330.213 2.860

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 2.65 mean?
Table Trac (TBTC) has a Cyclically Adjusted PB Ratio of 2.65 as of Aug. 02, 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 Table Trac and its competitors. This is 28% below median its historical median of 3.67. Over the past decade, Table Trac's Cyclically Adjusted PB Ratio has ranged from 1.67 to 5.64. According to the industry distribution chart, Table Trac ranks #476 out of 643 companies in the Travel & Leisure industry, placing it in the top 74%.
Is Table Trac's Cyclically Adjusted PB Ratio too high?
Table Trac's current Cyclically Adjusted PB Ratio of 2.65 is 28% below median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 5.64. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Table Trac's value of 2.65 is 119% above this industry median. Based on the distribution chart, Table Trac ranks #476 out of 643 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Table Trac has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Table Trac's Cyclically Adjusted PB Ratio compare to CNTY and CPHC?
According to the Travel & Leisure industry distribution chart, Table Trac ranks #476 out of 643 companies for Cyclically Adjusted PB Ratio. This places Table Trac in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Table Trac's value of 2.65 is 119% above this benchmark. Historically, Table Trac's own Cyclically Adjusted PB Ratio has ranged from 1.67 to 5.64 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.21, Table Trac has consistently been above 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 643 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. Table Trac's current Cyclically Adjusted PB Ratio of 2.65 is 119% above 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 Table Trac and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Table Trac's current Cyclically Adjusted PB Ratio is 2.65, which is 28% below median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Table Trac stock overvalued right now?
Based on GuruFocus' analysis, Table Trac (TBTC) is currently considered Fairly Valued. The stock's GF Value™ is $4.48, compared to a current price of $4.40 — trading 1.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.65, which is 28% below median its 10-year median of 3.67 and 119% above the Travel & Leisure industry median of 1.21. Table Trac's overall GF Score™ is 73/100 with 2 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 Table Trac (TBTC), the current Cyclically Adjusted PB Ratio is 2.65 as of Aug. 02, 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 Table Trac (TBTC) Overvalued in 2026?

Based on GuruFocus' analysis, Table Trac stock appears to be undervalued. The current stock price of $4.40 is trading 1.8% below its estimated GF Value™ of $4.48. GuruFocus considers Table Trac to be Fairly Valued.

Key valuation signals for TBTC:

  • Cyclically Adjusted PB Ratio: 2.65 (28% below median its 10-year median of 3.67)
  • GF Value™: $4.48 vs. price of $4.40 (1.8% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 119% above the Travel & Leisure median (#476 of 643)

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


Table Trac Business Description

Address 6101 Baker Road, Suite 206, Minnetonka, MN, USA, 55345
Table Trac Inc has developed and patented a proprietary information and management system (Table Trac system) that automates and monitors the operations of casino table game operations. In addition to its table games management system, it has developed a secure, unified, and stable Casino Management System (CMS) offering end-to-end casino resort functionality for guest rewards and loyalty marketing operations, marketing analysis, guest service, promotions, administration / management, vault / cage management and audit / accounting tasks, altogether a powerful, elegant technology ecosystem of value, efficiency and reliability for casinos seeking to add or upgrade their casino management systems. It operates in single segment, the casino products segment.
73GF Score

Get the complete analysis for TBTC

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

$4.40
Price
$4.48
GF Value