Tropical Resorts International (XPTY:TRES) Cyclically Adjusted PB Ratio: (As of Jul. 18, 2026)

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.

XPTY:TRES Tropical Resorts International Inc XPTY:TRES
31 GF Score
Price $10.00
GF Value $11.75
! 1 Warning Sign
View Full Analysis

What is Tropical Resorts International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tropical Resorts International  (XPTY:TRES) 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.


Tropical Resorts International Cyclically Adjusted PB Ratio Related Terms


Tropical Resorts International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tropical Resorts International'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.

Tropical Resorts International Cyclically Adjusted PB Ratio Chart

Tropical Resorts International 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 0.00 0.00 0.00 0.00 0.00

Tropical Resorts International 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 0.00 0.00 0.00 0.00 0.00

XPTY:TRES vs MAR, HLT, HTHT: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Tropical Resorts International'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.


Tropical Resorts International Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

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

* The bar in red indicates where Tropical Resorts International's Cyclically Adjusted PB Ratio falls into.


XPTY:TRES
31GF Score
Tropical Resorts International Inc XPTY:TRES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tropical Resorts International 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.

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

For example, Tropical Resorts International'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)
=-1.336/330.2130*330.2130
=-1.336

Current CPI (Mar. 2026) = 330.2130.

Tropical Resorts International Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.573 241.018 -0.785
201609 -1.108 241.428 -1.515
201612 -1.619 241.432 -2.214
201703 -1.529 243.801 -2.071
201706 -2.057 244.955 -2.773
201709 -2.638 246.819 -3.529
201712 -3.019 246.524 -4.044
201803 -2.927 249.554 -3.873
201806 -3.429 251.989 -4.493
201809 -3.895 252.439 -5.095
201812 -4.066 251.233 -5.344
201903 -3.829 254.202 -4.974
201906 -4.145 256.143 -5.344
201909 -4.124 256.759 -5.304
201912 -4.226 256.974 -5.430
202003 -3.947 258.115 -5.049
202006 -4.282 257.797 -5.485
202009 -4.255 260.280 -5.398
202012 -4.246 260.474 -5.383
202103 -4.293 264.877 -5.352
202106 -4.425 271.696 -5.378
202109 -4.635 274.310 -5.580
202112 -4.666 278.802 -5.526
202203 -4.571 287.504 -5.250
202206 -4.569 296.311 -5.092
202209 -4.641 296.808 -5.163
202212 -4.567 296.797 -5.081
202303 -4.143 301.836 -4.533
202306 -4.035 305.109 -4.367
202309 -3.944 307.789 -4.231
202312 -3.872 306.746 -4.168
202403 -3.391 312.332 -3.585
202406 -3.261 314.175 -3.427
202409 -3.344 315.301 -3.502
202412 -3.049 315.605 -3.190
202503 -2.439 319.799 -2.518
202506 -2.403 322.561 -2.460
202509 -2.449 324.800 -2.490
202512 -2.211 324.054 -2.253
202603 -1.336 330.213 -1.336

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.

Is Tropical Resorts International (XPTY:TRES) Overvalued in 2026?

Based on GuruFocus' analysis, Tropical Resorts International stock appears to be undervalued. The current stock price of $10.00 is trading 14.9% below its estimated GF Value™ of $11.75.

Key valuation signals for XPTY:TRES:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $11.75 vs. price of $10.00 (14.9% below fair value)
  • GF Score™: 31/100 with 1 warning sign

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


Tropical Resorts International Business Description

Address Township of Cristobal, PO BOX. 0816, Town of Gamboa, Panama, Colon Province, PAN, 02009
Tropical Resorts International Inc operates resorts mainly in Gamboa, Panama. The company operates Gamboa Rainforest resort that offers rooms and suites, swimming pool and gift shop, dining, and meetings and events space, and other amenities.
31GF Score

Get the complete analysis for XPTY:TRES

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

$10.00
Price
$11.75
GF Value