Tipco Foods (Thailand) (BKK:TIPCO) Cyclically Adjusted PB Ratio: 0.67 (As of Aug. 25, 2026) — 36% Below Median

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BKK:TIPCO Tipco Foods (Thailand) PLC BKK:TIPCO
61 GF Score
Price ฿7.10
GF Value ฿7.80
Valuation Fairly Valued
! 6 Warning Signs
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What is Tipco Foods (Thailand) Cyclically Adjusted PB Ratio?

Tipco Foods (Thailand) BKK:TIPCO -0.70% 61 Cyclically Adjusted PB Ratio is 0.67 as of Aug. 25, 2026, which is 36% below its 10-year median of 1.04. GuruFocus rates BKK:TIPCO with a GF Score™ of 61/100 and a GF Value™ of ฿7.80 (Fairly Valued). The stock has 6 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Tipco Foods (Thailand) ranks better than 85.88% on this metric.

As of today (2026-08-25), Tipco Foods (Thailand)'s current share price is ฿7.10. Tipco Foods (Thailand)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿10.53. Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio for today is 0.67.

The historical rank and industry rank for Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TIPCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.04   Max: 3.14
Current: 0.67

During the past years, Tipco Foods (Thailand)'s highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 0.58. And the median was 1.04.

BKK:TIPCO's Cyclically Adjusted PB Ratio is ranked better than
85.88% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.32 vs BKK:TIPCO: 0.67

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.

Tipco Foods (Thailand)'s adjusted book value per share data for the three months ended in Jun. 2026 was ฿8.329. 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 ฿10.53 for the trailing ten years ended in Jun. 2026.

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 0.57

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.10/10.53
=0.67

* 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)'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)
=8.329/333.9520*333.9520
=8.329

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 8.329 333.952 8.329

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 0.67 mean?
Tipco Foods (Thailand) (BKK:TIPCO) has a Cyclically Adjusted PB Ratio of 0.67 as of Aug. 25, 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 Tipco Foods (Thailand) and its competitors. This is 36% below median its historical median of 1.04. Over the past decade, Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.14. According to the industry distribution chart, Tipco Foods (Thailand) ranks #12 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 14.1%.
Is Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio too high?
Tipco Foods (Thailand)'s current Cyclically Adjusted PB Ratio of 0.67 is 36% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.14. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.32. Tipco Foods (Thailand)'s value of 0.67 is 71.1% below this industry median. Based on the distribution chart, Tipco Foods (Thailand) ranks #12 out of 85 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Tipco Foods (Thailand) has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tipco Foods (Thailand)'s Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Tipco Foods (Thailand) ranks #12 out of 85 companies for Cyclically Adjusted PB Ratio. This places Tipco Foods (Thailand) in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.32. Tipco Foods (Thailand)'s value of 0.67 is 71.1% below this benchmark. Historically, Tipco Foods (Thailand)'s own Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.14 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 2.32, Tipco Foods (Thailand) 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 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. Tipco Foods (Thailand)'s current Cyclically Adjusted PB Ratio of 0.67 is 71.1% 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 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 Tipco Foods (Thailand) 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. Tipco Foods (Thailand)'s current Cyclically Adjusted PB Ratio is 0.67, which is 36% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Foods (Thailand) stock overvalued right now?
Based on GuruFocus' analysis, Tipco Foods (Thailand) (BKK:TIPCO) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.80, compared to a current price of ฿7.10 — trading 9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.67, which is 36% below median its 10-year median of 1.04 and 71.1% below the Beverages - Non-Alcoholic industry median of 2.32. Tipco Foods (Thailand)'s overall GF Score™ is 61/100 with 6 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 Tipco Foods (Thailand) (BKK:TIPCO), the current Cyclically Adjusted PB Ratio is 0.67 as of Aug. 25, 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 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% below its estimated GF Value™ of ฿7.80. GuruFocus considers Tipco Foods (Thailand) to be Fairly Valued.

Key valuation signals for BKK:TIPCO:

  • Cyclically Adjusted PB Ratio: 0.67 (36% below median its 10-year median of 1.04)
  • GF Value™: ฿7.80 vs. price of ฿7.10 (9% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 71.1% below the Beverages - Non-Alcoholic median (#12 of 85)

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
฿7.80
GF Value