T.A.C. Consumer PCL (BKK:TACC) Cyclically Adjusted PB Ratio: 4.65 (As of Aug. 23, 2026) — 30% Above Median

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.

BKK:TACC T.A.C. Consumer PCL BKK:TACC
99 GF Score
Price ฿6.55
GF Value ฿6.50
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is T.A.C. Consumer PCL Cyclically Adjusted PB Ratio?

T.A.C. Consumer PCL BKK:TACC 99 Cyclically Adjusted PB Ratio is 4.65 as of Aug. 23, 2026, which is 30% above its 10-year median of 3.58. GuruFocus rates BKK:TACC with a GF Score™ of 99/100 and a GF Value™ of ฿6.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, T.A.C. Consumer PCL ranks worse than 78.82% on this metric.

As of today (2026-08-23), T.A.C. Consumer PCL's current share price is ฿6.55. T.A.C. Consumer PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.41. T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio for today is 4.65.

The historical rank and industry rank for T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TACC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.99   Med: 3.58   Max: 4.72
Current: 4.64

During the past years, T.A.C. Consumer PCL's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 2.99. And the median was 3.58.

BKK:TACC's Cyclically Adjusted PB Ratio is ranked worse than
78.82% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.32 vs BKK:TACC: 4.64

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.

T.A.C. Consumer PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿1.431. 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 ฿1.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T.A.C. Consumer PCL  (BKK:TACC) 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.


T.A.C. Consumer PCL Cyclically Adjusted PB Ratio Related Terms


T.A.C. Consumer PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for T.A.C. Consumer PCL'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.

T.A.C. Consumer PCL Cyclically Adjusted PB Ratio Chart

T.A.C. Consumer PCL 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 3.45 3.76

T.A.C. Consumer PCL 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 3.15 3.49 3.76 3.86 4.39

BKK:TACC vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, T.A.C. Consumer PCL'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.


T.A.C. Consumer PCL Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio falls into.


BKK:TACC
99GF Score
T.A.C. Consumer PCL BKK:TACC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.A.C. Consumer PCL 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.

T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.55/1.41
=4.65

* 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.

T.A.C. Consumer PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, T.A.C. Consumer PCL'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)
=1.431/333.9520*333.9520
=1.431

Current CPI (Jun. 2026) = 333.9520.

T.A.C. Consumer PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.032 241.428 1.427
201612 1.079 241.432 1.492
201703 1.122 243.801 1.537
201706 1.093 244.955 1.490
201709 1.039 246.819 1.406
201712 1.094 246.524 1.482
201803 1.120 249.554 1.499
201806 1.069 251.989 1.417
201809 1.065 252.439 1.409
201812 1.081 251.233 1.437
201903 1.136 254.202 1.492
201906 1.116 256.143 1.455
201909 1.084 256.759 1.410
201912 1.149 256.974 1.493
202003 1.079 258.115 1.396
202006 1.158 257.797 1.500
202009 1.104 260.280 1.416
202012 1.189 260.474 1.524
202103 1.265 264.877 1.595
202106 1.184 271.696 1.455
202109 1.128 274.310 1.373
202112 1.221 278.802 1.463
202203 1.320 287.504 1.533
202206 1.253 296.311 1.412
202209 1.185 296.808 1.333
202212 1.255 296.797 1.412
202303 1.325 301.836 1.466
202306 1.223 305.109 1.339
202309 1.122 307.789 1.217
202312 1.189 306.746 1.294
202403 1.287 312.332 1.376
202406 1.212 314.175 1.288
202409 1.114 315.301 1.180
202412 1.208 315.605 1.278
202503 1.330 319.799 1.389
202506 1.272 322.561 1.317
202509 1.212 324.800 1.246
202512 1.301 324.054 1.341
202603 1.468 330.213 1.485
202606 1.431 333.952 1.431

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 4.65 mean?
T.A.C. Consumer PCL (BKK:TACC) has a Cyclically Adjusted PB Ratio of 4.65 as of Aug. 23, 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 T.A.C. Consumer PCL and its competitors. This is 30% above median its historical median of 3.58. Over the past decade, T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio has ranged from 2.99 to 4.72. According to the industry distribution chart, T.A.C. Consumer PCL ranks #67 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 78.8%.
Is T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio too high?
T.A.C. Consumer PCL's current Cyclically Adjusted PB Ratio of 4.65 is 30% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 4.72. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.32. T.A.C. Consumer PCL's value of 4.65 is 100.4% above this industry median. Based on the distribution chart, T.A.C. Consumer PCL ranks #67 out of 85 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, T.A.C. Consumer PCL has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does T.A.C. Consumer PCL's Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, T.A.C. Consumer PCL ranks #67 out of 85 companies for Cyclically Adjusted PB Ratio. This places T.A.C. Consumer PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. T.A.C. Consumer PCL's value of 4.65 is 100.4% above this benchmark. Historically, T.A.C. Consumer PCL's own Cyclically Adjusted PB Ratio has ranged from 2.99 to 4.72 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 2.32, T.A.C. Consumer PCL 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.32, based on 85 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. T.A.C. Consumer PCL's current Cyclically Adjusted PB Ratio of 4.65 is 100.4% 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 T.A.C. Consumer PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T.A.C. Consumer PCL's current Cyclically Adjusted PB Ratio is 4.65, which is 30% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.A.C. Consumer PCL stock overvalued right now?
Based on GuruFocus' analysis, T.A.C. Consumer PCL (BKK:TACC) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.50, compared to a current price of ฿6.55 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.65, which is 30% above median its 10-year median of 3.58 and 100.4% above the Beverages - Non-Alcoholic industry median of 2.32. T.A.C. Consumer PCL's overall GF Score™ is 99/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For T.A.C. Consumer PCL (BKK:TACC), the current Cyclically Adjusted PB Ratio is 4.65 as of Aug. 23, 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 T.A.C. Consumer PCL (BKK:TACC) Overvalued in 2026?

Based on GuruFocus' analysis, T.A.C. Consumer PCL stock appears to be overvalued. The current stock price of ฿6.55 is trading 0.8% above its estimated GF Value™ of ฿6.50. GuruFocus considers T.A.C. Consumer PCL to be Fairly Valued.

Key valuation signals for BKK:TACC:

  • Cyclically Adjusted PB Ratio: 4.65 (30% above median its 10-year median of 3.58)
  • GF Value™: ฿6.50 vs. price of ฿6.55 (0.8% above fair value)
  • GF Score™: 99/100 with 7 warning signs
  • Industry Position: 100.4% above the Beverages - Non-Alcoholic median (#67 of 85)

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


T.A.C. Consumer PCL Business Description

Address Ramkhamhaeng Road, Suanluang, 9/231-233, 23rd Floor, UM Tower, Suanluang, Bangkok, THA, 10250
T.A.C. Consumer PCL is principally engaged in the manufacture and distribution of beverages. The company specializes in the procurement, production, and distribution of beverages, including tea, coffee, and lifestyle products. Its segments include Manufacture and distribution of beverage and Distribution of dietary supplements and beauty products.
99GF Score

Get the complete analysis for BKK:TACC

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

฿6.55
Price
฿6.50
GF Value