TPB (Turning Point Brands) Cyclically Adjusted PS Ratio: 4.09 (As of Aug. 20, 2026) — Near Median

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TPB Turning Point Brands Inc TPB
88 GF Score
Price $86.74
GF Value $87.20
Valuation Fairly Valued
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What is Turning Point Brands Cyclically Adjusted PS Ratio?

Turning Point Brands TPB -1.72% 88 Cyclically Adjusted PS Ratio is 4.09 as of Aug. 20, 2026, which is 4% above its 10-year median of 3.92. GuruFocus rates TPB with a GF Score™ of 88/100 and a GF Value™ of $87.20 (Fairly Valued). Among 34 Tobacco Products companies, Turning Point Brands ranks worse than 73.53% on this metric.

As of today (2026-08-20), Turning Point Brands's current share price is $86.74. Turning Point Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $21.22. Turning Point Brands's Cyclically Adjusted PS Ratio for today is 4.09.

The historical rank and industry rank for Turning Point Brands's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.92   Max: 6.83
Current: 4.16

During the past years, Turning Point Brands's highest Cyclically Adjusted PS Ratio was 6.83. The lowest was 1.79. And the median was 3.92.

TPB's Cyclically Adjusted PS Ratio is ranked worse than
73.53% of 34 companies
in the Tobacco Products industry
Industry Median: 2.04 vs TPB: 4.16

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Turning Point Brands's adjusted revenue per share data for the three months ended in Jun. 2026 was $7.091. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $21.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turning Point Brands  (NYSE:TPB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Turning Point Brands Cyclically Adjusted PS Ratio Related Terms


Turning Point Brands Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Turning Point Brands's Cyclically Adjusted PS 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.

Turning Point Brands Cyclically Adjusted PS Ratio Chart

Turning Point Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.21 5.40

Turning Point Brands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 3.88 4.97 5.40 4.19 4.00

TPB vs UVV, AIIR, ISPR: Cyclically Adjusted PS Ratio Comparison

For the Tobacco subindustry, Turning Point Brands's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Turning Point Brands Cyclically Adjusted PS Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Turning Point Brands's Cyclically Adjusted PS Ratio falls into.


TPB
88GF Score
Turning Point Brands Inc TPB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Turning Point Brands Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Turning Point Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=86.74/21.22
=4.09

* 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.

Turning Point Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Turning Point Brands's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.091/333.9520*333.9520
=7.091

Current CPI (Jun. 2026) = 333.9520.

Turning Point Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.583 241.428 3.573
201612 2.544 241.432 3.519
201703 3.402 243.801 4.660
201706 3.681 244.955 5.018
201709 3.744 246.819 5.066
201712 3.764 246.524 5.099
201803 3.742 249.554 5.008
201806 4.098 251.989 5.431
201809 4.192 252.439 5.546
201812 4.713 251.233 6.265
201903 4.571 254.202 6.005
201906 4.636 256.143 6.044
201909 4.824 256.759 6.274
201912 2.385 256.974 3.099
202003 4.510 258.115 5.835
202006 4.556 257.797 5.902
202009 4.561 260.280 5.852
202012 4.666 260.474 5.982
202103 4.749 264.877 5.987
202106 5.453 271.696 6.702
202109 4.914 274.310 5.982
202112 4.757 278.802 5.698
202203 4.639 287.504 5.388
202206 4.800 296.311 5.410
202209 5.109 296.808 5.748
202212 0.548 296.797 0.617
202303 4.884 301.836 5.404
202306 5.174 305.109 5.663
202309 5.061 307.789 5.491
202312 0.814 306.746 0.886
202403 4.118 312.332 4.403
202406 4.625 314.175 4.916
202409 4.916 315.301 5.207
202412 5.023 315.605 5.315
202503 5.832 319.799 6.090
202506 6.366 322.561 6.591
202509 6.359 324.800 6.538
202512 6.206 324.054 6.396
202603 6.381 330.213 6.453
202606 7.091 333.952 7.091

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 4.09 mean?
Turning Point Brands (TPB) has a Cyclically Adjusted PS Ratio of 4.09 as of Aug. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Turning Point Brands and its competitors. This is near median its historical median of 3.92. Over the past decade, Turning Point Brands' Cyclically Adjusted PS Ratio has ranged from 1.79 to 6.83. According to the industry distribution chart, Turning Point Brands ranks #25 out of 34 companies in the Tobacco Products industry, placing it in the top 73.5%.
Is Turning Point Brands' Cyclically Adjusted PS Ratio too high?
Turning Point Brands' current Cyclically Adjusted PS Ratio of 4.09 is near median its 10-year median of 3.92. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.83. The Tobacco Products industry median Cyclically Adjusted PS Ratio is 2.04. Turning Point Brands' value of 4.09 is 100.5% above this industry median. Based on the distribution chart, Turning Point Brands ranks #25 out of 34 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Turning Point Brands has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turning Point Brands' Cyclically Adjusted PS Ratio compare to UVV and AIIR?
According to the Tobacco Products industry distribution chart, Turning Point Brands ranks #25 out of 34 companies for Cyclically Adjusted PS Ratio. This places Turning Point Brands in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.04. Turning Point Brands' value of 4.09 is 100.5% above this benchmark. Historically, Turning Point Brands' own Cyclically Adjusted PS Ratio has ranged from 1.79 to 6.83 over the past decade. While the company's 10-year median is 3.92 vs. the industry median of 2.04, Turning Point Brands 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 PS Ratio for a Tobacco Products company?
The median Cyclically Adjusted PS Ratio among Tobacco Products companies is 2.04, based on 34 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turning Point Brands's current Cyclically Adjusted PS Ratio of 4.09 is 100.5% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Turning Point Brands and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turning Point Brands's current Cyclically Adjusted PS Ratio is 4.09, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turning Point Brands stock overvalued right now?
Based on GuruFocus' analysis, Turning Point Brands (TPB) is currently considered Fairly Valued. The stock's GF Value™ is $87.20, compared to a current price of $86.74 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.09, which is near median its 10-year median of 3.92 and 100.5% above the Tobacco Products industry median of 2.04. Turning Point Brands' overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Turning Point Brands (TPB), the current Cyclically Adjusted PS Ratio is 4.09 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.

Is Turning Point Brands (TPB) Overvalued in 2026?

Based on GuruFocus' analysis, Turning Point Brands stock appears to be undervalued. The current stock price of $86.74 is trading 0.5% below its estimated GF Value™ of $87.20. GuruFocus considers Turning Point Brands to be Fairly Valued.

Key valuation signals for TPB:

  • Cyclically Adjusted PS Ratio: 4.09 (near median its 10-year median of 3.92)
  • GF Value™: $87.20 vs. price of $86.74 (0.5% below fair value)
  • GF Score™: 88/100
  • Industry Position: 100.5% above the Tobacco Products median (#25 of 34)

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


Turning Point Brands Business Description

Other Exchanges 0T5:Germany
Address 5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as a manufacturer, marketer, and provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum, including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in two segments, namely Zig-Zag products and Stoker's products segment. The company generates maximum revenue from the Zig-Zag products segment.
88GF Score

Get the complete analysis for TPB

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

$86.74
Price
$87.20
GF Value