T&G Global (NZSE:TGG) Cyclically Adjusted PB Ratio: 0.52 (As of Aug. 05, 2026) — 43% Below Median

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NZSE:TGG T&G Global Ltd NZSE:TGG
67 GF Score
Price NZ$2.24
GF Value NZ$3.35
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is T&G Global Cyclically Adjusted PB Ratio?

T&G Global NZSE:TGG 67 Cyclically Adjusted PB Ratio is 0.52 as of Aug. 05, 2026, which is 43% below its 10-year median of 0.91. GuruFocus rates NZSE:TGG with a GF Score™ of 67/100 and a GF Value™ of NZ$3.35 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,421 Consumer Packaged Goods companies, T&G Global ranks better than 81.98% on this metric.

As of today (2026-08-05), T&G Global's current share price is NZ$2.24. T&G Global's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was NZ$4.34. T&G Global's Cyclically Adjusted PB Ratio for today is 0.52.

The historical rank and industry rank for T&G Global's Cyclically Adjusted PB Ratio or its related term are showing as below:

NZSE:TGG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.91   Max: 1.42
Current: 0.51

During the past 13 years, T&G Global's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.33. And the median was 0.91.

NZSE:TGG's Cyclically Adjusted PB Ratio is ranked better than
81.98% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs NZSE:TGG: 0.51

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&G Global's adjusted book value per share data of for the fiscal year that ended in Dec24 was NZ$3.837. 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 NZ$4.34 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


T&G Global  (NZSE:TGG) 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&G Global Cyclically Adjusted PB Ratio Related Terms


T&G Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for T&G Global'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&G Global Cyclically Adjusted PB Ratio Chart

T&G Global 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 0.87 0.61 0.47 0.35 0.00

T&G Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.47 0.00 0.35 0.00 0.00

NZSE:TGG vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, T&G Global'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&G Global Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, T&G Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T&G Global's Cyclically Adjusted PB Ratio falls into.


NZSE:TGG
67GF Score
T&G Global Ltd NZSE:TGG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T&G Global 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&G Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.24/4.34
=0.52

* 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&G Global's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, T&G Global's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=3.837/131.5707*131.5707
=3.837

Current CPI (Dec24) = 131.5707.

T&G Global Annual Data

Book Value per Share CPI Adj_Book
201512 2.656 99.896 3.498
201612 2.811 101.230 3.654
201712 3.377 102.844 4.320
201812 3.267 104.786 4.102
201912 3.760 106.729 4.635
202012 4.134 108.262 5.024
202112 4.570 114.703 5.242
202212 4.596 122.983 4.917
202312 4.116 128.708 4.208
202412 3.837 131.571 3.837

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 0.52 mean?
T&G Global (NZSE:TGG) has a Cyclically Adjusted PB Ratio of 0.52 as of Aug. 05, 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&G Global and its competitors. This is 43% below median its historical median of 0.91. Over the past decade, T&G Global's Cyclically Adjusted PB Ratio has ranged from 0.33 to 1.42. According to the industry distribution chart, T&G Global ranks #256 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 18%.
Is T&G Global's Cyclically Adjusted PB Ratio too high?
T&G Global's current Cyclically Adjusted PB Ratio of 0.52 is 43% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.42. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. T&G Global's value of 0.52 is 58.4% below this industry median. Based on the distribution chart, T&G Global ranks #256 out of 1421 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, T&G Global has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does T&G Global's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, T&G Global ranks #256 out of 1421 companies for Cyclically Adjusted PB Ratio. This places T&G Global in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. T&G Global's value of 0.52 is 58.4% below this benchmark. Historically, T&G Global's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 1.42 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.25, T&G Global 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,421 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&G Global's current Cyclically Adjusted PB Ratio of 0.52 is 58.4% 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 T&G Global and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T&G Global's current Cyclically Adjusted PB Ratio is 0.52, which is 43% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T&G Global stock overvalued right now?
Based on GuruFocus' analysis, T&G Global (NZSE:TGG) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$3.35, compared to a current price of NZ$2.24 — trading 33.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.52, which is 43% below median its 10-year median of 0.91 and 58.4% below the Consumer Packaged Goods industry median of 1.25. T&G Global's overall GF Score™ is 67/100 with 4 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&G Global (NZSE:TGG), the current Cyclically Adjusted PB Ratio is 0.52 as of Aug. 05, 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&G Global (NZSE:TGG) Overvalued in 2026?

Based on GuruFocus' analysis, T&G Global stock appears to be undervalued. The current stock price of NZ$2.24 is trading 33.1% below its estimated GF Value™ of NZ$3.35. GuruFocus considers T&G Global to be Possible Value Trap.

Key valuation signals for NZSE:TGG:

  • Cyclically Adjusted PB Ratio: 0.52 (43% below median its 10-year median of 0.91)
  • GF Value™: NZ$3.35 vs. price of NZ$2.24 (33.1% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 58.4% below the Consumer Packaged Goods median (#256 of 1421)

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


T&G Global Business Description

Address 660 Great South Road, Central Park Building 1, Level 1, Ellerslie, Auckland, NTL, NZL, 1061
T&G Global Ltd is a company engaged in growing, marketing, and exporting fresh fruits and vegetables. The company has four operating segments: Apples; Growing, packing, cool storing, sales, and marketing of apples; T&G Fresh, which includes growing, trading, and transport activities within New Zealand and Australia, and exports to the Pacific Islands, Australia, and Asia. This incorporates the New Zealand wholesale markets and the tomato, citrus, berry, & stone fruit growing operations. This includes international trading activities in Australia. VentureFruit segment, including identification, acquisition, development, and protection of new varieties of fruit. Revenue from the sale of right-to-grow licenses is included in this business division, & Other Includes property & corporate costs.
67GF Score

Get the complete analysis for NZSE:TGG

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

NZ$2.24
Price
NZ$3.35
GF Value