Tipco Foods (Thailand) (BKK:TIPCO) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

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BKK:TIPCO Tipco Foods (Thailand) PLC BKK:TIPCO
61 GF Score
Price ฿7.10
GF Value ฿7.81
Valuation Fairly Valued
! 4 Warning Signs
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What is Tipco Foods (Thailand) Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tipco Foods (Thailand)  (BKK:TIPCO) 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.


Tipco Foods (Thailand) Cyclically Adjusted PB Ratio Related Terms


Tipco Foods (Thailand) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tipco Foods (Thailand)'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.

Tipco Foods (Thailand) Cyclically Adjusted PB Ratio Chart

Tipco Foods (Thailand) 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 1.11 0.99 0.94 1.00 0.74

Tipco Foods (Thailand) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.92 0.83 0.81 0.74 0.00

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

For the Beverages - Non-Alcoholic subindustry, Tipco Foods (Thailand)'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.


Tipco Foods (Thailand) Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio falls into.


BKK:TIPCO
61GF Score
Tipco Foods (Thailand) PLC BKK:TIPCO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tipco Foods (Thailand) 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.

Tipco Foods (Thailand)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Tipco Foods (Thailand)'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)
=8.342/333.9520*333.9520
=8.342

Current CPI (Jun. 2026) = 333.9520.

Tipco Foods (Thailand) Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.214 241.018 11.381
201609 8.043 241.428 11.125
201612 8.440 241.432 11.674
201703 9.136 243.801 12.514
201706 9.366 244.955 12.769
201709 9.310 246.819 12.597
201712 9.221 246.524 12.491
201803 9.181 249.554 12.286
201806 8.706 251.989 11.538
201809 8.614 252.439 11.395
201812 8.812 251.233 11.713
201903 8.702 254.202 11.432
201906 8.542 256.143 11.137
201909 8.412 256.759 10.941
201912 8.260 256.974 10.734
202003 7.937 258.115 10.269
202006 8.297 257.797 10.748
202009 8.896 260.280 11.414
202012 8.908 260.474 11.421
202103 8.933 264.877 11.263
202106 8.900 271.696 10.939
202109 9.137 274.310 11.124
202112 9.284 278.802 11.120
202203 9.169 287.504 10.650
202206 8.767 296.311 9.881
202209 9.466 296.808 10.651
202212 9.200 296.797 10.352
202303 9.617 301.836 10.640
202306 9.159 305.109 10.025
202309 9.063 307.789 9.833
202312 8.796 306.746 9.576
202403 8.833 312.332 9.444
202406 8.128 314.175 8.640
202409 7.712 315.301 8.168
202412 7.841 315.605 8.297
202503 8.045 319.799 8.401
202506 7.907 322.561 8.186
202509 7.905 324.800 8.128
202512 7.841 324.054 8.080
202606 8.342 333.952 8.342

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 Tipco Foods (Thailand) (BKK:TIPCO) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Foods (Thailand) stock appears to be undervalued. The current stock price of ฿7.10 is trading 9.1% below its estimated GF Value™ of ฿7.81. GuruFocus considers Tipco Foods (Thailand) to be Fairly Valued.

Key valuation signals for BKK:TIPCO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ฿7.81 vs. price of ฿7.10 (9.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Tipco Foods (Thailand) Business Description

Address 118/1 Rama 6 Road, Tipco Tower, 27th-28th Floor, Phayathai Subdistrict, Phayathai District, Bangkok, THA, 10400
Tipco Foods (Thailand) PLC is principally engaged in manufacturing and distributing mineral water. The company's operating segments are: Products of vegetables and fruits, Beverages, and Others. The majority of the company's revenue is derived from the Beverages segment, which manufactures and distributes natural mineral water ready-to-drink under the AURA brand and other beverages such as fruit essence, pro fiber drinks, and juices under the Tipco brand.
61GF Score

Get the complete analysis for BKK:TIPCO

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

฿7.10
Price
฿7.81
GF Value