Charoen Pokphand Foods PCL (SGX:TPFD) Cyclically Adjusted PB Ratio: 0.79 (As of Aug. 09, 2026) — 34% Below Median

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SGX:TPFD Charoen Pokphand Foods PCL SGX:TPFD
56 GF Score
Price S$1.71
GF Value S$1.49
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Charoen Pokphand Foods PCL Cyclically Adjusted PB Ratio?

Charoen Pokphand Foods PCL SGX:TPFD 56 Cyclically Adjusted PB Ratio is 0.79 as of Aug. 09, 2026, which is 34% below its 10-year median of 1.19. GuruFocus rates SGX:TPFD with a GF Score™ of 56/100 and a GF Value™ of S$1.49 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Charoen Pokphand Foods PCL ranks better than 72.57% on this metric.

As of today (2026-08-09), Charoen Pokphand Foods PCL's current share price is S$1.71. Charoen Pokphand Foods PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was S$2.17. Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio for today is 0.79.

The historical rank and industry rank for Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

SGX:TPFD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.19   Max: 1.98
Current: 0.71

During the past years, Charoen Pokphand Foods PCL's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.62. And the median was 1.19.

SGX:TPFD's Cyclically Adjusted PB Ratio is ranked better than
72.57% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs SGX:TPFD: 0.71

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.

Charoen Pokphand Foods PCL's adjusted book value per share data for the three months ended in Mar. 2026 was S$1.274. 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 S$2.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charoen Pokphand Foods PCL  (SGX:TPFD) 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.


Charoen Pokphand Foods PCL Cyclically Adjusted PB Ratio Related Terms


Charoen Pokphand Foods PCL Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Charoen Pokphand Foods 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.

Charoen Pokphand Foods PCL Cyclically Adjusted PB Ratio Chart

Charoen Pokphand Foods 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 1.21 1.05 0.76 0.82 0.74

Charoen Pokphand Foods PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.84 0.80 0.76 0.74 0.69

SGX:TPFD vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Charoen Pokphand Foods 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.


Charoen Pokphand Foods PCL Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio falls into.


SGX:TPFD
56GF Score
Charoen Pokphand Foods PCL SGX:TPFD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Charoen Pokphand Foods 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.

Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.71/2.17
=0.79

* 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.

Charoen Pokphand Foods PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Charoen Pokphand Foods PCL's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.274/330.2130*330.2130
=1.274

Current CPI (Mar. 2026) = 330.2130.

Charoen Pokphand Foods PCL Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.636 241.018 0.871
201609 0.650 241.428 0.889
201612 0.726 241.432 0.993
201703 0.814 243.801 1.103
201706 0.813 244.955 1.096
201709 0.858 246.819 1.148
201712 0.898 246.524 1.203
201803 0.860 249.554 1.138
201806 0.866 251.989 1.135
201809 0.851 252.439 1.113
201812 0.847 251.233 1.113
201903 0.880 254.202 1.143
201906 0.893 256.143 1.151
201909 0.921 256.759 1.184
201912 0.924 256.974 1.187
202003 1.026 258.115 1.313
202006 1.018 257.797 1.304
202009 1.029 260.280 1.305
202012 1.064 260.474 1.349
202103 1.113 264.877 1.388
202106 1.114 271.696 1.354
202109 1.070 274.310 1.288
202112 1.106 278.802 1.310
202203 1.123 287.504 1.290
202206 1.252 296.311 1.395
202209 1.232 296.808 1.371
202212 1.254 296.797 1.395
202303 1.215 301.836 1.329
202306 1.184 305.109 1.281
202309 1.153 307.789 1.237
202312 1.177 306.746 1.267
202403 1.196 312.332 1.264
202406 1.231 314.175 1.294
202409 1.219 315.301 1.277
202412 1.257 315.605 1.315
202503 1.335 319.799 1.378
202506 1.238 322.561 1.267
202509 1.229 324.800 1.249
202512 1.246 324.054 1.270
202603 1.274 330.213 1.274

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 0.79 mean?
Charoen Pokphand Foods PCL (SGX:TPFD) has a Cyclically Adjusted PB Ratio of 0.79 as of Aug. 09, 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 Charoen Pokphand Foods PCL and its competitors. This is 34% below median its historical median of 1.19. Over the past decade, Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.98. According to the industry distribution chart, Charoen Pokphand Foods PCL ranks #386 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 27.4%.
Is Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio too high?
Charoen Pokphand Foods PCL's current Cyclically Adjusted PB Ratio of 0.79 is 34% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.98. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Charoen Pokphand Foods PCL's value of 0.79 is 37.3% below this industry median. Based on the distribution chart, Charoen Pokphand Foods PCL ranks #386 out of 1407 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Charoen Pokphand Foods PCL has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoen Pokphand Foods PCL's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Charoen Pokphand Foods PCL ranks #386 out of 1407 companies for Cyclically Adjusted PB Ratio. This puts Charoen Pokphand Foods PCL in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Charoen Pokphand Foods PCL's value of 0.79 is 37.3% below this benchmark. Historically, Charoen Pokphand Foods PCL's own Cyclically Adjusted PB Ratio has ranged from 0.62 to 1.98 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.26, Charoen Pokphand Foods PCL 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 1.26, based on 1,407 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. Charoen Pokphand Foods PCL's current Cyclically Adjusted PB Ratio of 0.79 is 37.3% 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 Charoen Pokphand Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoen Pokphand Foods PCL's current Cyclically Adjusted PB Ratio is 0.79, which is 34% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoen Pokphand Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoen Pokphand Foods PCL (SGX:TPFD) is currently considered Modestly Overvalued. The stock's GF Value™ is S$1.49, compared to a current price of S$1.71 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 34% below median its 10-year median of 1.19 and 37.3% below the Consumer Packaged Goods industry median of 1.26. Charoen Pokphand Foods PCL's overall GF Score™ is 56/100 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 Charoen Pokphand Foods PCL (SGX:TPFD), the current Cyclically Adjusted PB Ratio is 0.79 as of Aug. 09, 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 Charoen Pokphand Foods PCL (SGX:TPFD) Overvalued in 2026?

Based on GuruFocus' analysis, Charoen Pokphand Foods PCL stock appears to be overvalued. The current stock price of S$1.71 is trading 14.8% above its estimated GF Value™ of S$1.49. GuruFocus considers Charoen Pokphand Foods PCL to be Modestly Overvalued.

Key valuation signals for SGX:TPFD:

  • Cyclically Adjusted PB Ratio: 0.79 (34% below median its 10-year median of 1.19)
  • GF Value™: S$1.49 vs. price of S$1.71 (14.8% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 37.3% below the Consumer Packaged Goods median (#386 of 1407)

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


Charoen Pokphand Foods PCL Business Description

Address Silom Road, 313 C.P. Tower, Silom, Bangrak, Bangkok, THA, 10500
Charoen Pokphand Foods PCL operates in agro-industrial and integrated food businesses. The group's business operations are located throughout Thailand and overseas. The businesses are divided into two main segments, namely the livestock business, which comprises chicken, duck, and pigs, and the aquaculture business, which comprises shrimp and fish. The two main businesses are vertically integrated, starting from sourcing raw materials for animal feed production, manufacturing animal feed, breeding animals, farming animals for commercial purposes, primary processing meat, producing ready-to-eat food products, and operating food retail outlets and restaurants.
56GF Score

Get the complete analysis for SGX:TPFD

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

S$1.71
Price
S$1.49
GF Value