TPHS (Trinity Place Holdings) Cyclically Adjusted PB Ratio: 0.02 (As of Aug. 20, 2026)

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What is Trinity Place Holdings Cyclically Adjusted PB Ratio?

Trinity Place Holdings TPHS +24.54% Cyclically Adjusted PB Ratio is 0.02 as of Aug. 20, 2026.

As of today (2026-08-20), Trinity Place Holdings's current share price is $0.02678. Trinity Place Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $1.47. Trinity Place Holdings's Cyclically Adjusted PB Ratio for today is 0.02.

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

TPHS's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.68
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Trinity Place Holdings's adjusted book value per share data for the three months ended in Mar. 2025 was $-0.003. 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 $1.47 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinity Place Holdings  (OTCPK:TPHS) 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.


Trinity Place Holdings Cyclically Adjusted PB Ratio Related Terms


Trinity Place Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trinity Place 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.

Trinity Place Holdings Cyclically Adjusted PB Ratio Chart

Trinity Place Holdings Annual Data
Trend Feb15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.31 0.16 0.04 0.05

Trinity Place Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.06 0.05 0.02 0.05 0.03

TPHS vs RENX, MYCB: Cyclically Adjusted PB Ratio Comparison

For the Real Estate - Development subindustry, Trinity Place 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.


Trinity Place Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Trinity Place Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Trinity Place 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02678/1.47
=0.02

* 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.

Trinity Place Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Trinity Place Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.003/319.7990*319.7990
=-0.003

Current CPI (Mar. 2025) = 319.7990.

Trinity Place Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201505 -0.017 237.805 -0.023
201508 -0.067 238.316 -0.090
201511 -0.163 237.336 -0.220
201603 1.192 238.132 1.601
201606 1.118 241.018 1.483
201609 1.113 241.428 1.474
201612 1.077 241.432 1.427
201703 1.848 243.801 2.424
201706 2.074 244.955 2.708
201709 2.046 246.819 2.651
201712 2.139 246.524 2.775
201803 2.083 249.554 2.669
201806 2.018 251.989 2.561
201809 1.959 252.439 2.482
201812 1.879 251.233 2.392
201903 1.794 254.202 2.257
201906 1.724 256.143 2.152
201909 1.655 256.759 2.061
201912 1.872 256.974 2.330
202003 1.757 258.115 2.177
202006 2.406 257.797 2.985
202009 2.250 260.280 2.765
202012 1.928 260.474 2.367
202103 1.888 264.877 2.279
202106 1.751 271.696 2.061
202109 1.725 274.310 2.011
202112 1.365 278.802 1.566
202203 1.435 287.504 1.596
202206 1.218 296.311 1.315
202209 1.052 296.808 1.133
202212 0.741 296.797 0.798
202303 0.570 301.836 0.604
202306 0.276 305.109 0.289
202309 -0.030 307.789 -0.031
202312 -0.263 306.746 -0.274
202403 0.042 312.332 0.043
202406 0.028 314.175 0.029
202409 0.023 315.301 0.023
202412 0.034 315.605 0.034
202503 -0.003 319.799 -0.003

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 0.02 mean?
Trinity Place Holdings (TPHS) has a Cyclically Adjusted PB Ratio of 0.02 as of Aug. 20, 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 Trinity Place Holdings and its competitors.
Is Trinity Place Holdings' Cyclically Adjusted PB Ratio too high?
Trinity Place Holdings' current Cyclically Adjusted PB Ratio is 0.02. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Trinity Place Holdings' value of 0.02 is 97.1% below this industry median.
How does Trinity Place Holdings' Cyclically Adjusted PB Ratio compare to RENX and MYCB?
Trinity Place Holdings' Cyclically Adjusted PB Ratio of 0.02 can be compared against companies in the Real Estate industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Trinity Place Holdings' value of 0.02 is 97.1% below this benchmark. 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.68, based on 1,385 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. Trinity Place Holdings's current Cyclically Adjusted PB Ratio of 0.02 is 97.1% 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 Trinity Place Holdings and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinity Place Holdings's current Cyclically Adjusted PB Ratio is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Place Holdings stock overvalued right now?
Trinity Place Holdings (TPHS) has a current Cyclically Adjusted PB Ratio of 0.02. The current Cyclically Adjusted PB Ratio is 0.02 and 97.1% below the Real Estate industry median of 0.68. 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 Trinity Place Holdings (TPHS), the current Cyclically Adjusted PB Ratio is 0.02 as of Aug. 20, 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.

Trinity Place Holdings Business Description

Address 340 Madison Avenue, New York, NY, USA, 10022
Trinity Place Holdings Inc is a real estate holding, investment, and asset management company. It is engaged in owning, investing in, managing, developing or redeveloping real estate assets and real estate-related securities. It also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event. The company generates revenue from Rental revenue, Other Income, and Sales of residential condominium units.