Oceanic Beverages Co (TPE:1213) Cyclically Adjusted PB Ratio: 0.65 (As of Aug. 06, 2026) — Near Median

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TPE:1213 Oceanic Beverages Co Inc TPE:1213
45 GF Score
Price NT$7.50
GF Value NT$15.01
Valuation Possible Value Trap
! 4 Warning Signs
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What is Oceanic Beverages Co Cyclically Adjusted PB Ratio?

Oceanic Beverages Co TPE:1213 45 Cyclically Adjusted PB Ratio is 0.65 as of Aug. 06, 2026, which is at its 10-year median of 0.65. GuruFocus rates TPE:1213 with a GF Score™ of 45/100 and a GF Value™ of NT$15.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 85 Beverages - Non-Alcoholic companies, Oceanic Beverages Co ranks better than 89.41% on this metric.

As of today (2026-08-06), Oceanic Beverages Co's current share price is NT$7.50. Oceanic Beverages Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$11.46. Oceanic Beverages Co's Cyclically Adjusted PB Ratio for today is 0.65.

The historical rank and industry rank for Oceanic Beverages Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1213' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.65   Max: 1.41
Current: 0.65

During the past years, Oceanic Beverages Co's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.41. And the median was 0.65.

TPE:1213's Cyclically Adjusted PB Ratio is ranked better than
89.41% of 85 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.12 vs TPE:1213: 0.65

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.

Oceanic Beverages Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$11.155. 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 NT$11.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oceanic Beverages Co  (TPE:1213) 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.


Oceanic Beverages Co Cyclically Adjusted PB Ratio Related Terms


Oceanic Beverages Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oceanic Beverages Co'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.

Oceanic Beverages Co Cyclically Adjusted PB Ratio Chart

Oceanic Beverages Co 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 0.67 0.56 0.57 1.35 0.93

Oceanic Beverages Co 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 1.19 1.09 1.06 0.93 0.84

TPE:1213 vs KO, PEP, MNST: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, Oceanic Beverages Co'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.


Oceanic Beverages Co Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Oceanic Beverages Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Oceanic Beverages Co's Cyclically Adjusted PB Ratio falls into.


TPE:1213
45GF Score
Oceanic Beverages Co Inc TPE:1213
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oceanic Beverages Co 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.

Oceanic Beverages Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.50/11.46
=0.65

* 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.

Oceanic Beverages Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Oceanic Beverages Co'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)
=11.155/330.2130*330.2130
=11.155

Current CPI (Mar. 2026) = 330.2130.

Oceanic Beverages Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.093 241.018 15.198
201609 12.327 241.428 16.860
201612 12.257 241.432 16.764
201703 12.352 243.801 16.730
201706 12.252 244.955 16.516
201709 12.464 246.819 16.675
201712 12.292 246.524 16.465
201803 12.321 249.554 16.303
201806 12.328 251.989 16.155
201809 12.267 252.439 16.046
201812 10.711 251.233 14.078
201903 10.547 254.202 13.701
201906 10.305 256.143 13.285
201909 10.081 256.759 12.965
201912 9.950 256.974 12.786
202003 9.727 258.115 12.444
202006 9.885 257.797 12.662
202009 9.774 260.280 12.400
202012 9.469 260.474 12.004
202103 9.227 264.877 11.503
202106 8.817 271.696 10.716
202109 8.102 274.310 9.753
202112 7.801 278.802 9.240
202203 7.328 287.504 8.417
202206 7.017 296.311 7.820
202209 6.720 296.808 7.476
202212 6.462 296.797 7.190
202303 6.122 301.836 6.698
202306 5.406 305.109 5.851
202309 4.751 307.789 5.097
202312 4.013 306.746 4.320
202403 3.579 312.332 3.784
202406 3.578 314.175 3.761
202409 3.261 315.301 3.415
202412 12.723 315.605 13.312
202503 12.498 319.799 12.905
202506 11.918 322.561 12.201
202509 11.722 324.800 11.917
202512 11.519 324.054 11.738
202603 11.155 330.213 11.155

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 0.65 mean?
Oceanic Beverages Co (TPE:1213) has a Cyclically Adjusted PB Ratio of 0.65 as of Aug. 06, 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 Oceanic Beverages Co and its competitors. This is near median its historical median of 0.65. Over the past decade, Oceanic Beverages Co's Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.41. According to the industry distribution chart, Oceanic Beverages Co ranks #9 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 10.6%.
Is Oceanic Beverages Co's Cyclically Adjusted PB Ratio too high?
Oceanic Beverages Co's current Cyclically Adjusted PB Ratio of 0.65 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.41. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.12. Oceanic Beverages Co's value of 0.65 is 69.3% below this industry median. Based on the distribution chart, Oceanic Beverages Co ranks #9 out of 85 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Oceanic Beverages Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Oceanic Beverages Co's Cyclically Adjusted PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Oceanic Beverages Co ranks #9 out of 85 companies for Cyclically Adjusted PB Ratio. This places Oceanic Beverages Co in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.12. Oceanic Beverages Co's value of 0.65 is 69.3% below this benchmark. Historically, Oceanic Beverages Co's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 1.41 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 2.12, Oceanic Beverages Co 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 2.12, 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. Oceanic Beverages Co's current Cyclically Adjusted PB Ratio of 0.65 is 69.3% 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 Oceanic Beverages Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceanic Beverages Co's current Cyclically Adjusted PB Ratio is 0.65, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Beverages Co stock overvalued right now?
Based on GuruFocus' analysis, Oceanic Beverages Co (TPE:1213) is currently considered Possible Value Trap. The stock's GF Value™ is NT$15.01, compared to a current price of NT$7.50 — trading 50% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is near median its 10-year median of 0.65 and 69.3% below the Beverages - Non-Alcoholic industry median of 2.12. Oceanic Beverages Co's overall GF Score™ is 45/100 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 Oceanic Beverages Co (TPE:1213), the current Cyclically Adjusted PB Ratio is 0.65 as of Aug. 06, 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 Oceanic Beverages Co (TPE:1213) Overvalued in 2026?

Based on GuruFocus' analysis, Oceanic Beverages Co stock appears to be undervalued. The current stock price of NT$7.50 is trading 50% below its estimated GF Value™ of NT$15.01. GuruFocus considers Oceanic Beverages Co to be Possible Value Trap.

Key valuation signals for TPE:1213:

  • Cyclically Adjusted PB Ratio: 0.65 (near median its 10-year median of 0.65)
  • GF Value™: NT$15.01 vs. price of NT$7.50 (50% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 69.3% below the Beverages - Non-Alcoholic median (#9 of 85)

No single metric tells the full story. See the TPE:1213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oceanic Beverages Co Business Description

Address No. 410, Nandong Road, Nanshi Village, Pingzhen District, Taoyuan, TWN, 32455
Oceanic Beverages Co Inc is engaged in the beverage manufacturing and wholesale beverage industry. The company's reportable segments are categorized into the Beverage Sales Department and the Shanghai Operations Department. The Beverages Sales Department is mainly engaged in the manufacture, wholesale and retail of various soft drinks and beverages. Geographically, the company is divided into Taiwan, Asia and others generating majority revenue from Taiwan region.
45GF Score

Get the complete analysis for TPE:1213

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

NT$7.50
Price
NT$15.01
GF Value