TROX (Tronox Holdings) Cyclically Adjusted PS Ratio: 0.27 (As of Jul. 17, 2026) — 61% Below Median

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TROX Tronox Holdings PLC TROX
60 GF Score
Price $5.85
GF Value $10.74
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Tronox Holdings Cyclically Adjusted PS Ratio?

Tronox Holdings TROX +1.30% 60 Cyclically Adjusted PS Ratio is 0.27 as of Jul. 17, 2026, which is 61% below its 10-year median of 0.70. GuruFocus rates TROX with a GF Score™ of 60/100 and a GF Value™ of $10.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,279 Chemicals companies, Tronox Holdings ranks better than 89.37% on this metric.

As of today (2026-07-17), Tronox Holdings's current share price is $5.845. Tronox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $21.65. Tronox Holdings's Cyclically Adjusted PS Ratio for today is 0.27.

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

TROX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.7   Max: 1.88
Current: 0.27

During the past years, Tronox Holdings's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.15. And the median was 0.70.

TROX's Cyclically Adjusted PS Ratio is ranked better than
89.37% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs TROX: 0.27

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.

Tronox Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.783. 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 $21.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tronox Holdings  (NYSE:TROX) 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.


Tronox Holdings Cyclically Adjusted PS Ratio Related Terms


Tronox Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tronox Holdings'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.

Tronox Holdings Cyclically Adjusted PS Ratio Chart

Tronox Holdings 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 1.27 0.69 0.70 0.49 0.20

Tronox Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.34 0.24 0.19 0.20 0.45

TROX vs GPRE, WLKP, LXU: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Tronox Holdings'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.


Tronox Holdings Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tronox Holdings's Cyclically Adjusted PS Ratio falls into.


TROX
60GF Score
Tronox Holdings PLC TROX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tronox Holdings 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.

Tronox Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.845/21.65
=0.27

* 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.

Tronox Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tronox Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.783/330.2130*330.2130
=4.783

Current CPI (Mar. 2026) = 330.2130.

Tronox Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.631 241.018 6.345
201609 2.917 241.428 3.990
201612 3.026 241.432 4.139
201703 3.236 243.801 4.383
201706 3.387 244.955 4.566
201709 3.643 246.819 4.874
201712 3.826 246.524 5.125
201803 3.613 249.554 4.781
201806 3.883 251.989 5.088
201809 3.610 252.439 4.722
201812 3.489 251.233 4.586
201903 3.138 254.202 4.076
201906 5.249 256.143 6.767
201909 5.398 256.759 6.942
201912 4.882 256.974 6.273
202003 5.028 258.115 6.432
202006 4.029 257.797 5.161
202009 4.653 260.280 5.903
202012 5.301 260.474 6.720
202103 5.788 264.877 7.216
202106 5.832 271.696 7.088
202109 5.471 274.310 6.586
202112 5.513 278.802 6.530
202203 6.047 287.504 6.945
202206 5.964 296.311 6.646
202209 5.703 296.808 6.345
202212 4.204 296.797 4.677
202303 4.520 301.836 4.945
202306 5.064 305.109 5.481
202309 4.222 307.789 4.530
202312 4.375 306.746 4.710
202403 4.920 312.332 5.202
202406 5.148 314.175 5.411
202409 5.086 315.301 5.327
202412 4.283 315.605 4.481
202503 4.667 319.799 4.819
202506 4.610 322.561 4.719
202509 4.407 324.800 4.480
202512 4.602 324.054 4.689
202603 4.783 330.213 4.783

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 0.27 mean?
Tronox Holdings (TROX) has a Cyclically Adjusted PS Ratio of 0.27 as of Jul. 17, 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 Tronox Holdings and its competitors. This is 61% below median its historical median of 0.70. Over the past decade, Tronox Holdings' Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.88. According to the industry distribution chart, Tronox Holdings ranks #136 out of 1279 companies in the Chemicals industry, placing it in the top 10.6%.
Is Tronox Holdings' Cyclically Adjusted PS Ratio too high?
Tronox Holdings' current Cyclically Adjusted PS Ratio of 0.27 is 61% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.88. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Tronox Holdings' value of 0.27 is 79.5% below this industry median. Based on the distribution chart, Tronox Holdings ranks #136 out of 1279 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tronox Holdings has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tronox Holdings' Cyclically Adjusted PS Ratio compare to GPRE and WLKP?
According to the Chemicals industry distribution chart, Tronox Holdings ranks #136 out of 1279 companies for Cyclically Adjusted PS Ratio. This places Tronox Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.32. Tronox Holdings' value of 0.27 is 79.5% below this benchmark. Historically, Tronox Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.88 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.32, Tronox Holdings has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. Tronox Holdings's current Cyclically Adjusted PS Ratio of 0.27 is 79.5% 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 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 Tronox Holdings and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tronox Holdings's current Cyclically Adjusted PS Ratio is 0.27, which is 61% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tronox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tronox Holdings (TROX) is currently considered Possible Value Trap. The stock's GF Value™ is $10.74, compared to a current price of $5.85 — trading 45.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 61% below median its 10-year median of 0.70 and 79.5% below the Chemicals industry median of 1.32. Tronox Holdings' overall GF Score™ is 60/100 with 7 warning signs to review. 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 Tronox Holdings (TROX), the current Cyclically Adjusted PS Ratio is 0.27 as of Jul. 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 Tronox Holdings (TROX) Overvalued in 2026?

Based on GuruFocus' analysis, Tronox Holdings stock appears to be undervalued. The current stock price of $5.85 is trading 45.6% below its estimated GF Value™ of $10.74. GuruFocus considers Tronox Holdings to be Possible Value Trap.

Key valuation signals for TROX:

  • Cyclically Adjusted PS Ratio: 0.27 (61% below median its 10-year median of 0.70)
  • GF Value™: $10.74 vs. price of $5.85 (45.6% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 79.5% below the Chemicals median (#136 of 1279)

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


Tronox Holdings Business Description

Other Exchanges T5X:Germany
Address 263 Tresser Boulevard, Suite 1100, Stamford, CT, USA, 06901
Tronox Holdings PLC is a vertically integrated manufacturer of TiO2 pigment. It operates titanium-bearing mineral sand mines and beneficiation and smelting operations in Australia & South Africa to produce feedstock materials that can be processed into TiO2 for pigment, high-purity titanium chemicals, including titanium tetrachloride, and ultrafine TiO2 used in certain specialty applications. TiO2 and titanium feedstock, are used to produce paints and coatings, as well as plastics, paper, and printing ink. It has three pigment production facilities in the United States, the Netherlands, and Western Australia and three mining operations in Western Australia and South Africa. Europe, the Middle East, and Africa regions contribute the majority of revenue.
60GF Score

Get the complete analysis for TROX

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

$5.85
Price
$10.74
GF Value