Uni-President Enterprises (TPE:1216) Cyclically Adjusted PB Ratio: 3.03 (As of Aug. 06, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1216 Uni-President Enterprises Corp TPE:1216
87 GF Score
Price NT$73.00
GF Value NT$88.27
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Uni-President Enterprises Cyclically Adjusted PB Ratio?

Uni-President Enterprises TPE:1216 -0.27% 87 Cyclically Adjusted PB Ratio is 3.03 as of Aug. 06, 2026, which is 14% below its 10-year median of 3.52. GuruFocus rates TPE:1216 with a GF Score™ of 87/100 and a GF Value™ of NT$88.27 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,416 Consumer Packaged Goods companies, Uni-President Enterprises ranks worse than 81.99% on this metric.

As of today (2026-08-06), Uni-President Enterprises's current share price is NT$73.00. Uni-President Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.10. Uni-President Enterprises's Cyclically Adjusted PB Ratio for today is 3.03.

The historical rank and industry rank for Uni-President Enterprises's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1216' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.88   Med: 3.52   Max: 4.99
Current: 3.24

During the past years, Uni-President Enterprises's highest Cyclically Adjusted PB Ratio was 4.99. The lowest was 2.88. And the median was 3.52.

TPE:1216's Cyclically Adjusted PB Ratio is ranked worse than
81.99% of 1416 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs TPE:1216: 3.24

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.

Uni-President Enterprises's adjusted book value per share data for the three months ended in Mar. 2026 was NT$25.465. 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$24.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Uni-President Enterprises  (TPE:1216) 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.


Uni-President Enterprises Cyclically Adjusted PB Ratio Related Terms


Uni-President Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Uni-President Enterprises'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.

Uni-President Enterprises Cyclically Adjusted PB Ratio Chart

Uni-President Enterprises 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 3.52 3.15 3.37 3.52 3.26

Uni-President Enterprises 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 3.45 3.44 3.31 3.26 2.95

TPE:1216 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Uni-President Enterprises'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.


Uni-President Enterprises Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Uni-President Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Uni-President Enterprises's Cyclically Adjusted PB Ratio falls into.


TPE:1216
87GF Score
Uni-President Enterprises Corp TPE:1216
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Uni-President Enterprises 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.

Uni-President Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.00/24.10
=3.03

* 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.

Uni-President Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Uni-President Enterprises'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)
=25.465/330.2130*330.2130
=25.465

Current CPI (Mar. 2026) = 330.2130.

Uni-President Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.139 241.018 22.112
201609 16.528 241.428 22.606
201612 16.615 241.432 22.725
201703 16.842 243.801 22.811
201706 15.752 244.955 21.235
201709 16.872 246.819 22.573
201712 21.133 246.524 28.307
201803 21.930 249.554 29.018
201806 17.634 251.989 23.108
201809 18.221 252.439 23.835
201812 18.718 251.233 24.602
201903 19.970 254.202 25.941
201906 18.412 256.143 23.736
201909 18.828 256.759 24.214
201912 19.081 256.974 24.519
202003 19.673 258.115 25.168
202006 18.125 257.797 23.216
202009 19.452 260.280 24.678
202012 20.141 260.474 25.534
202103 21.031 264.877 26.219
202106 18.972 271.696 23.058
202109 19.827 274.310 23.868
202112 20.518 278.802 24.302
202203 21.874 287.504 25.123
202206 19.968 296.311 22.253
202209 21.570 296.808 23.998
202212 22.123 296.797 24.614
202303 22.228 301.836 24.318
202306 20.779 305.109 22.489
202309 22.311 307.789 23.936
202312 21.979 306.746 23.660
202403 23.591 312.332 24.942
202406 21.848 314.175 22.963
202409 22.853 315.301 23.934
202412 23.794 315.605 24.895
202503 25.022 319.799 25.837
202506 20.525 322.561 21.012
202509 22.471 324.800 22.845
202512 23.897 324.054 24.351
202603 25.465 330.213 25.465

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 3.03 mean?
Uni-President Enterprises (TPE:1216) has a Cyclically Adjusted PB Ratio of 3.03 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 Uni-President Enterprises and its competitors. This is 14% below median its historical median of 3.52. Over the past decade, Uni-President Enterprises' Cyclically Adjusted PB Ratio has ranged from 2.88 to 4.99. According to the industry distribution chart, Uni-President Enterprises ranks #1161 out of 1416 companies in the Consumer Packaged Goods industry, placing it in the top 82%.
Is Uni-President Enterprises' Cyclically Adjusted PB Ratio too high?
Uni-President Enterprises' current Cyclically Adjusted PB Ratio of 3.03 is 14% below median its 10-year median of 3.52. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 4.99. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Uni-President Enterprises' value of 3.03 is 142.4% above this industry median. Based on the distribution chart, Uni-President Enterprises ranks #1161 out of 1416 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Uni-President Enterprises has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uni-President Enterprises' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Uni-President Enterprises ranks #1161 out of 1416 companies for Cyclically Adjusted PB Ratio. This places Uni-President Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Uni-President Enterprises' value of 3.03 is 142.4% above this benchmark. Historically, Uni-President Enterprises' own Cyclically Adjusted PB Ratio has ranged from 2.88 to 4.99 over the past decade. While the company's 10-year median is 3.52 vs. the industry median of 1.25, Uni-President Enterprises 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 1.25, based on 1,416 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. Uni-President Enterprises's current Cyclically Adjusted PB Ratio of 3.03 is 142.4% 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 Uni-President Enterprises 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. Uni-President Enterprises's current Cyclically Adjusted PB Ratio is 3.03, which is 14% below median its own 10-year median of 3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uni-President Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Uni-President Enterprises (TPE:1216) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$88.27, compared to a current price of NT$73.00 — trading 17.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.03, which is 14% below median its 10-year median of 3.52 and 142.4% above the Consumer Packaged Goods industry median of 1.25. Uni-President Enterprises' overall GF Score™ is 87/100 with 6 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 Uni-President Enterprises (TPE:1216), the current Cyclically Adjusted PB Ratio is 3.03 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 Uni-President Enterprises (TPE:1216) Overvalued in 2026?

Based on GuruFocus' analysis, Uni-President Enterprises stock appears to be undervalued. The current stock price of NT$73.00 is trading 17.3% below its estimated GF Value™ of NT$88.27. GuruFocus considers Uni-President Enterprises to be Modestly Undervalued.

Key valuation signals for TPE:1216:

  • Cyclically Adjusted PB Ratio: 3.03 (14% below median its 10-year median of 3.52)
  • GF Value™: NT$88.27 vs. price of NT$73.00 (17.3% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 142.4% above the Consumer Packaged Goods median (#1161 of 1416)

No single metric tells the full story. See the TPE:1216 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Uni-President Enterprises Business Description

Address No. 301, Zhongzheng Road, Yongkang District, Tainan, TWN, 710401
Uni-President Enterprises Corp is food conglomerates in Asia. It produces and sells a comprehensive range of food products through its company and affiliates. Core business includes food manufacturing and investments in other related business. The company operates in three segments- Dairy Department, Beverage Department and Food Department. Product categories include feeds, flour, edible oils, soy sauce, meat products, instant noodles, bread, beverages, dairy products, frozen food, and health food. Through its network of 200 affiliates, its convenient stores, retail, logistics, finance, and recreation operations are located all across Taiwan, mainland China, and Southeast Asia.
87GF Score

Get the complete analysis for TPE:1216

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

NT$73.00
Price
NT$88.27
GF Value