Taokaenoi Food & Marketing PCL (BKK:TKN-R) Cyclically Adjusted PB Ratio: 2.46 (As of Aug. 27, 2026) — 18% Below Median

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BKK:TKN-R Taokaenoi Food & Marketing PCL BKK:TKN-R
83 GF Score
Price ฿4.25
GF Value ฿7.78
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio?

Taokaenoi Food & Marketing PCL BKK:TKN-R -0.37% 83 Cyclically Adjusted PB Ratio is 2.46 as of Aug. 27, 2026, which is 18% below its 10-year median of 2.99. GuruFocus rates BKK:TKN-R with a GF Score™ of 83/100 and a GF Value™ of ฿7.78 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,298 Consumer Packaged Goods companies, Taokaenoi Food & Marketing PCL ranks worse than 71.65% on this metric.

As of today (2026-08-27), Taokaenoi Food & Marketing PCL's current share price is ฿4.25425. Taokaenoi Food & Marketing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ฿1.73. Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio for today is 2.46.

The historical rank and industry rank for Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:TKN-R' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.05   Med: 2.99   Max: 6.4
Current: 2.27

During the past years, Taokaenoi Food & Marketing PCL's highest Cyclically Adjusted PB Ratio was 6.40. The lowest was 2.05. And the median was 2.99.

BKK:TKN-R's Cyclically Adjusted PB Ratio is ranked worse than
71.65% of 1298 companies
in the Consumer Packaged Goods industry
Industry Median: 1.265 vs BKK:TKN-R: 2.27

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 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.

Taokaenoi Food & Marketing PCL's adjusted book value per share data for the three months ended in Jun. 2026 was ฿1.597. 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 ฿1.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taokaenoi Food & Marketing PCL  (BKK:TKN-R) 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.


Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio Related Terms


Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taokaenoi Food & Marketing 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.

Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio Chart

Taokaenoi Food & Marketing 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 4.44 2.17

Taokaenoi Food & Marketing 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 2.81 3.07 2.17 2.03 2.22

BKK:TKN-R vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Taokaenoi Food & Marketing 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.


Taokaenoi Food & Marketing PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio falls into.


BKK:TKN-R
83GF Score
Taokaenoi Food & Marketing PCL BKK:TKN-R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taokaenoi Food & Marketing 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.

Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.25425/1.73
=2.46

* 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.

Taokaenoi Food & Marketing PCL's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Taokaenoi Food & Marketing 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)
=1.597/333.9520*333.9520
=1.597

Current CPI (Jun. 2026) = 333.9520.

Taokaenoi Food & Marketing PCL Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.439 241.428 1.990
201612 1.610 241.432 2.227
201703 1.733 243.801 2.374
201706 1.530 244.955 2.086
201709 1.476 246.819 1.997
201712 1.577 246.524 2.136
201803 1.683 249.554 2.252
201806 1.627 251.989 2.156
201809 1.551 252.439 2.052
201812 1.569 251.233 2.086
201903 1.627 254.202 2.137
201906 1.527 256.143 1.991
201909 1.467 256.759 1.908
201912 1.551 256.974 2.016
202003 1.464 258.115 1.894
202006 1.528 257.797 1.979
202009 1.482 260.280 1.901
202012 1.466 260.474 1.880
202103 1.507 264.877 1.900
202106 1.422 271.696 1.748
202109 1.386 274.310 1.687
202112 1.447 278.802 1.733
202203 1.493 287.504 1.734
202206 1.453 296.311 1.638
202209 1.493 296.808 1.680
202212 1.508 296.797 1.697
202303 1.629 301.836 1.802
202306 1.650 305.109 1.806
202309 1.596 307.789 1.732
202312 1.616 306.746 1.759
202403 1.831 312.332 1.958
202406 1.817 314.175 1.931
202409 1.610 315.301 1.705
202412 1.708 315.605 1.807
202503 1.708 319.799 1.784
202506 1.562 322.561 1.617
202509 1.526 324.800 1.569
202512 1.574 324.054 1.622
202603 1.643 330.213 1.662
202606 1.597 333.952 1.597

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 2.46 mean?
Taokaenoi Food & Marketing PCL (BKK:TKN-R) has a Cyclically Adjusted PB Ratio of 2.46 as of Aug. 27, 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 Taokaenoi Food & Marketing PCL and its competitors. This is 18% below median its historical median of 2.99. Over the past decade, Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio has ranged from 2.05 to 6.40. According to the industry distribution chart, Taokaenoi Food & Marketing PCL ranks #930 out of 1298 companies in the Consumer Packaged Goods industry, placing it in the top 71.6%.
Is Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio too high?
Taokaenoi Food & Marketing PCL's current Cyclically Adjusted PB Ratio of 2.46 is 18% below median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 6.40. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Taokaenoi Food & Marketing PCL's value of 2.46 is 94.5% above this industry median. Based on the distribution chart, Taokaenoi Food & Marketing PCL ranks #930 out of 1298 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Taokaenoi Food & Marketing PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taokaenoi Food & Marketing PCL's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Taokaenoi Food & Marketing PCL ranks #930 out of 1298 companies for Cyclically Adjusted PB Ratio. This places Taokaenoi Food & Marketing PCL in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Taokaenoi Food & Marketing PCL's value of 2.46 is 94.5% above this benchmark. Historically, Taokaenoi Food & Marketing PCL's own Cyclically Adjusted PB Ratio has ranged from 2.05 to 6.40 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 1.27, Taokaenoi Food & Marketing 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,298 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. Taokaenoi Food & Marketing PCL's current Cyclically Adjusted PB Ratio of 2.46 is 94.5% 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 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 Taokaenoi Food & Marketing PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taokaenoi Food & Marketing PCL's current Cyclically Adjusted PB Ratio is 2.46, which is 18% below median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taokaenoi Food & Marketing PCL stock overvalued right now?
Based on GuruFocus' analysis, Taokaenoi Food & Marketing PCL (BKK:TKN-R) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.78, compared to a current price of ฿4.25 — trading 45.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.46, which is 18% below median its 10-year median of 2.99 and 94.5% above the Consumer Packaged Goods industry median of 1.27. Taokaenoi Food & Marketing PCL's overall GF Score™ is 83/100 with 5 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 Taokaenoi Food & Marketing PCL (BKK:TKN-R), the current Cyclically Adjusted PB Ratio is 2.46 as of Aug. 27, 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 Taokaenoi Food & Marketing PCL (BKK:TKN-R) Overvalued in 2026?

Based on GuruFocus' analysis, Taokaenoi Food & Marketing PCL stock appears to be undervalued. The current stock price of ฿4.25 is trading 45.3% below its estimated GF Value™ of ฿7.78. GuruFocus considers Taokaenoi Food & Marketing PCL to be Significantly Undervalued.

Key valuation signals for BKK:TKN-R:

  • Cyclically Adjusted PB Ratio: 2.46 (18% below median its 10-year median of 2.99)
  • GF Value™: ฿7.78 vs. price of ฿4.25 (45.3% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 94.5% above the Consumer Packaged Goods median (#930 of 1298)

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


Taokaenoi Food & Marketing PCL Business Description

Other Exchanges TKN:Thailand
Address 337 Bond Street road, Bang Phut Pak Kret District, Nonthaburi, THA, 11120
Taokaenoi Food & Marketing PCL specializes in the production of seaweed snacks in Thailand. The company is principally engaged in the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks. The company's operations are divided into three segments: Snack, Retailer, and Others. The snacks segment represents the manufacture and distribution of fried, grilled, and baked seaweed and seaweed snacks in both domestic and overseas markets. The retailer segment represents a retailer of snacks, food, and beverages. Geographically, the business activities are carried out across Thailand.
83GF Score

Get the complete analysis for BKK:TKN-R

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

฿4.25
Price
฿7.78
GF Value