AGV Products (TPE:1217) Cyclically Adjusted PB Ratio: 0.65 (As of Aug. 08, 2026) — 20% Below Median

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TPE:1217 AGV Products Corp TPE:1217
62 GF Score
Price NT$9.76
GF Value NT$12.06
Valuation Modestly Undervalued
! 12 Warning Signs
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What is AGV Products Cyclically Adjusted PB Ratio?

AGV Products TPE:1217 -0.20% 62 Cyclically Adjusted PB Ratio is 0.65 as of Aug. 08, 2026, which is 20% below its 10-year median of 0.81. GuruFocus rates TPE:1217 with a GF Score™ of 62/100 and a GF Value™ of NT$12.06 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,413 Consumer Packaged Goods companies, AGV Products ranks better than 74.52% on this metric.

As of today (2026-08-08), AGV Products's current share price is NT$9.76. AGV Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.04. AGV Products's Cyclically Adjusted PB Ratio for today is 0.65.

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

TPE:1217' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.81   Max: 1.09
Current: 0.65

During the past years, AGV Products's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.53. And the median was 0.81.

TPE:1217's Cyclically Adjusted PB Ratio is ranked better than
74.52% of 1413 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs TPE:1217: 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.

AGV Products's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.003. 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$15.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGV Products  (TPE:1217) 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.


AGV Products Cyclically Adjusted PB Ratio Related Terms


AGV Products Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AGV Products'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.

AGV Products Cyclically Adjusted PB Ratio Chart

AGV Products 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 0.86 0.80 0.87 0.82 0.71

AGV Products 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 0.80 0.72 0.71 0.71 0.68

TPE:1217 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, AGV Products'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.


AGV Products Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AGV Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AGV Products's Cyclically Adjusted PB Ratio falls into.


TPE:1217
62GF Score
AGV Products Corp TPE:1217
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AGV Products 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.

AGV Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.76/15.04
=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.

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

For example, AGV Products'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)
=15.003/330.2130*330.2130
=15.003

Current CPI (Mar. 2026) = 330.2130.

AGV Products Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.545 241.018 14.447
201609 10.479 241.428 14.333
201612 10.818 241.432 14.796
201703 10.643 243.801 14.415
201706 10.634 244.955 14.335
201709 10.758 246.819 14.393
201712 10.953 246.524 14.671
201803 11.257 249.554 14.895
201806 11.287 251.989 14.791
201809 11.267 252.439 14.738
201812 11.183 251.233 14.699
201903 11.323 254.202 14.709
201906 11.312 256.143 14.583
201909 11.352 256.759 14.600
201912 11.488 256.974 14.762
202003 11.107 258.115 14.209
202006 11.560 257.797 14.807
202009 12.009 260.280 15.236
202012 12.314 260.474 15.611
202103 13.062 264.877 16.284
202106 13.257 271.696 16.112
202109 13.360 274.310 16.083
202112 13.390 278.802 15.859
202203 13.657 287.504 15.686
202206 12.963 296.311 14.446
202209 13.358 296.808 14.861
202212 13.656 296.797 15.194
202303 13.765 301.836 15.059
202306 13.882 305.109 15.024
202309 13.706 307.789 14.705
202312 13.750 306.746 14.802
202403 14.231 312.332 15.046
202406 15.115 314.175 15.887
202409 15.227 315.301 15.947
202412 15.249 315.605 15.955
202503 14.123 319.799 14.583
202506 14.027 322.561 14.360
202509 15.198 324.800 15.451
202512 15.788 324.054 16.088
202603 15.003 330.213 15.003

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?
AGV Products (TPE:1217) has a Cyclically Adjusted PB Ratio of 0.65 as of Aug. 08, 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 AGV Products and its competitors. This is 20% below median its historical median of 0.81. Over the past decade, AGV Products' Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.09. According to the industry distribution chart, AGV Products ranks #360 out of 1413 companies in the Consumer Packaged Goods industry, placing it in the top 25.5%.
Is AGV Products' Cyclically Adjusted PB Ratio too high?
AGV Products' current Cyclically Adjusted PB Ratio of 0.65 is 20% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.09. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. AGV Products' value of 0.65 is 47.6% below this industry median. Based on the distribution chart, AGV Products ranks #360 out of 1413 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, AGV Products has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AGV Products' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AGV Products ranks #360 out of 1413 companies for Cyclically Adjusted PB Ratio. This puts AGV Products in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. AGV Products' value of 0.65 is 47.6% below this benchmark. Historically, AGV Products' own Cyclically Adjusted PB Ratio has ranged from 0.53 to 1.09 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.24, AGV Products 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 1.24, based on 1,413 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. AGV Products's current Cyclically Adjusted PB Ratio of 0.65 is 47.6% 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 AGV Products and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGV Products's current Cyclically Adjusted PB Ratio is 0.65, which is 20% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGV Products stock overvalued right now?
Based on GuruFocus' analysis, AGV Products (TPE:1217) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.06, compared to a current price of NT$9.76 — trading 19.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 20% below median its 10-year median of 0.81 and 47.6% below the Consumer Packaged Goods industry median of 1.24. AGV Products' overall GF Score™ is 62/100 with 12 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 AGV Products (TPE:1217), the current Cyclically Adjusted PB Ratio is 0.65 as of Aug. 08, 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 AGV Products (TPE:1217) Overvalued in 2026?

Based on GuruFocus' analysis, AGV Products stock appears to be undervalued. The current stock price of NT$9.76 is trading 19.1% below its estimated GF Value™ of NT$12.06. GuruFocus considers AGV Products to be Modestly Undervalued.

Key valuation signals for TPE:1217:

  • Cyclically Adjusted PB Ratio: 0.65 (20% below median its 10-year median of 0.81)
  • GF Value™: NT$12.06 vs. price of NT$9.76 (19.1% below fair value)
  • GF Score™: 62/100 with 12 warning signs
  • Industry Position: 47.6% below the Consumer Packaged Goods median (#360 of 1413)

No single metric tells the full story. See the TPE:1217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AGV Products Business Description

Address No. 11, Gongye 2nd Road, Touqiao Industrial Zone, Xingnan Village, Minxiong Township, Chiayi County, TWN
AGV Products Corp mainly engages in the manufacturing, processing, and sales of canned foods such as drinks, beans, mushrooms, bamboo shoots, and pickles, as well as the rental and sale of public housing and commercial buildings built by construction contractors. Its products include beverages, instant powder, fruit juice, dairy products, refrigerated series, desserts, traditional food, conditioning, oil products, and health products. Its segments are Room Temperature, Low Temperature, International Trade, Health, and Other Operating Segments, with the Room Temperature segment generating the maximum revenue. The Company generates maximum revenue from Taiwan.
62GF Score

Get the complete analysis for TPE:1217

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

NT$9.76
Price
NT$12.06
GF Value