TROLB (Tootsie Roll Industries) Cyclically Adjusted PB Ratio: 3.29 (As of Sep. 17, 2026) — Near Median

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TROLB Tootsie Roll Industries Inc TROLB
70 GF Score
Price $39.50
GF Value $31.92
! 1 Warning Sign
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What is Tootsie Roll Industries Cyclically Adjusted PB Ratio?

Tootsie Roll Industries TROLB 70 Cyclically Adjusted PB Ratio is 3.29 as of Sep. 17, 2026, which is 5% above its 10-year median of 3.13. GuruFocus rates TROLB with a GF Scoreâ„¢ of 70/100 and a GF Valueâ„¢ of $31.92. The stock has 1 warning sign investors should review. Among 1,268 Consumer Packaged Goods companies, Tootsie Roll Industries ranks worse than 82.41% on this metric.

As of today (2026-09-17), Tootsie Roll Industries's current share price is $39.50. Tootsie Roll Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.99. Tootsie Roll Industries's Cyclically Adjusted PB Ratio for today is 3.29.

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

TROLB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.4   Med: 3.13   Max: 4
Current: 3.24

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.

TROLB's Cyclically Adjusted PB Ratio is ranked worse than
82.41% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs TROLB: 3.24

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 Jun. 2026 was $12.698. 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 $11.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tootsie Roll Industries  (OTCPK:TROLB) 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 2.76 4.17 2.58 2.69 2.47

Tootsie Roll Industries 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 2.54 2.52 2.52 2.46 3.29

TROLB 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.


TROLB
70GF Score
Tootsie Roll Industries Inc TROLB
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
=39.50/11.992
=3.29

* 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 Jun. 2026 is calculated as:

For example, Tootsie Roll Industries'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)
=12.698/333.9520*333.9520
=12.698

Current CPI (Jun. 2026) = 333.9520.

Tootsie Roll Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.479 241.428 11.728
201612 8.562 241.432 11.843
201703 8.529 243.801 11.683
201706 8.392 244.955 11.441
201709 8.697 246.819 11.767
201712 8.960 246.524 12.138
201803 8.910 249.554 11.923
201806 8.920 251.989 11.821
201809 9.179 252.439 12.143
201812 9.251 251.233 12.297
201903 9.220 254.202 12.113
201906 9.226 256.143 12.029
201909 9.450 256.759 12.291
201912 9.498 256.974 12.343
202003 9.434 258.115 12.206
202006 9.462 257.797 12.257
202009 9.614 260.280 12.335
202012 9.684 260.474 12.416
202103 9.662 264.877 12.182
202106 9.628 271.696 11.834
202109 9.734 274.310 11.850
202112 9.892 278.802 11.849
202203 9.907 287.504 11.508
202206 9.916 296.311 11.176
202209 10.113 296.808 11.379
202212 10.195 296.797 11.471
202303 10.312 301.836 11.409
202306 10.287 305.109 11.259
202309 10.578 307.789 11.477
202312 11.041 306.746 12.020
202403 11.009 312.332 11.771
202406 11.101 314.175 11.800
202409 11.493 315.301 12.173
202412 11.560 315.605 12.232
202503 11.710 319.799 12.228
202506 11.893 322.561 12.313
202509 12.236 324.800 12.581
202512 12.530 324.054 12.913
202603 12.640 330.213 12.783
202606 12.698 333.952 12.698

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 3.29 mean?
Tootsie Roll Industries (TROLB) has a Cyclically Adjusted PB Ratio of 3.29 as of Sep. 17, 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 #1045 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 82.4%.
Is Tootsie Roll Industries' Cyclically Adjusted PB Ratio too high?
Tootsie Roll Industries' current Cyclically Adjusted PB Ratio of 3.29 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 3.29 is 164.3% above this industry median. Based on the distribution chart, Tootsie Roll Industries ranks #1045 out of 1268 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 70/100, 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 #1045 out of 1268 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 3.29 is 164.3% 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 1,268 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 3.29 is 164.3% 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 3.29, 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?
Tootsie Roll Industries (TROLB) has a current Cyclically Adjusted PB Ratio of 3.29. The stock's GF Value™ is $31.92, compared to a current price of $39.50 — trading 23.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.29, which is near median its 10-year median of 3.13 and 164.3% above the Consumer Packaged Goods industry median of 1.25. Tootsie Roll Industries' overall GF Score™ is 70/100 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 (TROLB), the current Cyclically Adjusted PB Ratio is 3.29 as of Sep. 17, 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 (TROLB) Overvalued in 2026?

Based on GuruFocus' analysis, Tootsie Roll Industries stock appears to be overvalued. The current stock price of $39.50 is trading 23.7% above its estimated GF Value™ of $31.92.

Key valuation signals for TROLB:

  • Cyclically Adjusted PB Ratio: 3.29 (near median its 10-year median of 3.13)
  • GF Value™: $31.92 vs. price of $39.50 (23.7% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 164.3% above the Consumer Packaged Goods median (#1045 of 1268)

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


Tootsie Roll Industries Business Description

Other Exchanges TR: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.
70GF Score

Get the complete analysis for TROLB

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

$39.50
Price
$31.92
GF Value