TAOHY (Tao Heung Holdings) Cyclically Adjusted PB Ratio: (As of Sep. 13, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Tao Heung Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tao Heung Holdings  (OTCPK:TAOHY) 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.


Tao Heung Holdings Cyclically Adjusted PB Ratio Related Terms


Tao Heung Holdings Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Tao Heung Holdings'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.

Tao Heung Holdings Cyclically Adjusted PB Ratio Chart

Tao Heung Holdings 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 0.51 0.52 0.44 0.27 0.21

Tao Heung Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 0.27 0.00 0.21 0.00

TAOHY vs MCD, SBUX, CMG: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Tao Heung Holdings'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.


Tao Heung Holdings Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tao Heung Holdings's Cyclically Adjusted PB Ratio falls into.



Tao Heung Holdings 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.

Tao Heung Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tao Heung Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.13/120.7036*120.7036
=4.130

Current CPI (Dec25) = 120.7036.

Tao Heung Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 6.663 103.225 7.791
201712 6.587 104.984 7.573
201812 6.292 107.622 7.057
201912 6.069 110.700 6.617
202012 5.985 109.711 6.585
202112 5.786 112.349 6.216
202212 4.640 114.548 4.889
202312 4.669 117.296 4.805
202412 4.326 118.945 4.390
202512 4.130 120.704 4.130

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.


Tao Heung Holdings Business Description

Other Exchanges 00573:Hong Kong
Address Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. The company is also engaged in restaurant operations and provision of food catering services, bakery operations, production, sale, and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a majority share of the company's revenue.