TR (Tootsie Roll Industries) Cyclically Adjusted PB Ratio: 3.22 (As of Jul. 15, 2026) — Near Median

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TR Tootsie Roll Industries Inc TR
78 GF Score
Price $38.15
GF Value $31.55
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Tootsie Roll Industries Cyclically Adjusted PB Ratio?

Tootsie Roll Industries TR +0.34% 78 Cyclically Adjusted PB Ratio is 3.22 as of Jul. 15, 2026, which is 3% above its 10-year median of 3.13. GuruFocus rates TR with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $31.55 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,442 Consumer Packaged Goods companies, Tootsie Roll Industries ranks worse than 81% on this metric.

As of today (2026-07-15), Tootsie Roll Industries's current share price is $38.15. Tootsie Roll Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $11.83. Tootsie Roll Industries's Cyclically Adjusted PB Ratio for today is 3.22.

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

TR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.4   Med: 3.13   Max: 4
Current: 3.22

During the past years, Tootsie Roll Industries's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 2.40. And the median was 3.13.

TR's Cyclically Adjusted PB Ratio is ranked worse than
81% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs TR: 3.22

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.

Tootsie Roll Industries's adjusted book value per share data for the three months ended in Mar. 2026 was $12.628. 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 $11.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tootsie Roll Industries  (NYSE:TR) 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.


Tootsie Roll Industries Cyclically Adjusted PB Ratio Related Terms


Tootsie Roll Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tootsie Roll Industries'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.

Tootsie Roll Industries Cyclically Adjusted PB Ratio Chart

Tootsie Roll Industries 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 3.20 3.63 2.81 2.72 3.07

Tootsie Roll Industries 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 2.69 2.83 3.51 3.07 3.61

TR vs SOWG, RMCF, MDLZ: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Tootsie Roll Industries'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.


Tootsie Roll Industries Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tootsie Roll Industries's Cyclically Adjusted PB Ratio falls into.


TR
78GF Score
Tootsie Roll Industries Inc TR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tootsie Roll Industries 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.

Tootsie Roll Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.15/11.83
=3.22

* 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.

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

For example, Tootsie Roll Industries'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)
=12.628/330.2130*330.2130
=12.628

Current CPI (Mar. 2026) = 330.2130.

Tootsie Roll Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.341 241.018 11.428
201609 8.465 241.428 11.578
201612 8.560 241.432 11.708
201703 8.539 243.801 11.566
201706 8.537 244.955 11.508
201709 8.709 246.819 11.652
201712 8.961 246.524 12.003
201803 8.923 249.554 11.807
201806 8.934 251.989 11.707
201809 9.193 252.439 12.025
201812 9.362 251.233 12.305
201903 9.222 254.202 11.980
201906 9.229 256.143 11.898
201909 9.453 256.759 12.157
201912 9.500 256.974 12.208
202003 9.437 258.115 12.073
202006 9.451 257.797 12.106
202009 9.617 260.280 12.201
202012 9.687 260.474 12.281
202103 9.665 264.877 12.049
202106 9.631 271.696 11.705
202109 9.737 274.310 11.721
202112 9.895 278.802 11.720
202203 9.896 287.504 11.366
202206 9.920 296.311 11.055
202209 10.102 296.808 11.239
202212 10.199 296.797 11.347
202303 10.316 301.836 11.286
202306 10.291 305.109 11.138
202309 10.582 307.789 11.353
202312 10.867 306.746 11.698
202403 10.997 312.332 11.627
202406 11.089 314.175 11.655
202409 11.480 315.301 12.023
202412 11.565 315.605 12.100
202503 11.697 319.799 12.078
202506 11.898 322.561 12.180
202509 12.223 324.800 12.427
202512 12.535 324.054 12.773
202603 12.628 330.213 12.628

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 3.22 mean?
Tootsie Roll Industries (TR) has a Cyclically Adjusted PB Ratio of 3.22 as of Jul. 15, 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 Tootsie Roll Industries and its competitors. This is near median its historical median of 3.13. Over the past decade, Tootsie Roll Industries' Cyclically Adjusted PB Ratio has ranged from 2.40 to 4.00. According to the industry distribution chart, Tootsie Roll Industries ranks #1168 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 81%.
Is Tootsie Roll Industries' Cyclically Adjusted PB Ratio too high?
Tootsie Roll Industries' current Cyclically Adjusted PB Ratio of 3.22 is near median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 4.00. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Tootsie Roll Industries' value of 3.22 is 158.6% above this industry median. Based on the distribution chart, Tootsie Roll Industries ranks #1168 out of 1442 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Tootsie Roll Industries has a GF Scoreâ„¢ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tootsie Roll Industries' Cyclically Adjusted PB Ratio compare to SOWG and RMCF?
According to the Consumer Packaged Goods industry distribution chart, Tootsie Roll Industries ranks #1168 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Tootsie Roll Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Tootsie Roll Industries' value of 3.22 is 158.6% above this benchmark. Historically, Tootsie Roll Industries' own Cyclically Adjusted PB Ratio has ranged from 2.40 to 4.00 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 1.25, Tootsie Roll Industries 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,442 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. Tootsie Roll Industries's current Cyclically Adjusted PB Ratio of 3.22 is 158.6% 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 Tootsie Roll Industries and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tootsie Roll Industries's current Cyclically Adjusted PB Ratio is 3.22, which is near median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tootsie Roll Industries stock overvalued right now?
Based on GuruFocus' analysis, Tootsie Roll Industries (TR) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.55, compared to a current price of $38.15 — trading 20.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.22, which is near median its 10-year median of 3.13 and 158.6% above the Consumer Packaged Goods industry median of 1.25. Tootsie Roll Industries' overall GF Score™ is 78/100 with 1 warning sign 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 Tootsie Roll Industries (TR), the current Cyclically Adjusted PB Ratio is 3.22 as of Jul. 15, 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 Tootsie Roll Industries (TR) Overvalued in 2026?

Based on GuruFocus' analysis, Tootsie Roll Industries stock appears to be overvalued. The current stock price of $38.15 is trading 20.9% above its estimated GF Value™ of $31.55. GuruFocus considers Tootsie Roll Industries to be Modestly Overvalued.

Key valuation signals for TR:

  • Cyclically Adjusted PB Ratio: 3.22 (near median its 10-year median of 3.13)
  • GF Value™: $31.55 vs. price of $38.15 (20.9% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 158.6% above the Consumer Packaged Goods median (#1168 of 1442)

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


Tootsie Roll Industries Business Description

Other Exchanges TROLB:USA
Address 7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells confectionery products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, Razzles among others. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States and rest from Canada, Mexico and other regions.
78GF Score

Get the complete analysis for TR

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

$38.15
Price
$31.55
GF Value