Tairoun Products Co (TPE:1220) Cyclically Adjusted PB Ratio: 0.72 (As of Aug. 07, 2026) — 25% Below Median

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TPE:1220 Tairoun Products Co Ltd TPE:1220
73 GF Score
Price NT$11.15
GF Value NT$14.30
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Tairoun Products Co Cyclically Adjusted PB Ratio?

Tairoun Products Co TPE:1220 73 Cyclically Adjusted PB Ratio is 0.72 as of Aug. 07, 2026, which is 25% below its 10-year median of 0.96. GuruFocus rates TPE:1220 with a GF Score™ of 73/100 and a GF Value™ of NT$14.30 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,413 Consumer Packaged Goods companies, Tairoun Products Co ranks better than 71.05% on this metric.

As of today (2026-08-07), Tairoun Products Co's current share price is NT$11.15. Tairoun Products Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$15.43. Tairoun Products Co's Cyclically Adjusted PB Ratio for today is 0.72.

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

TPE:1220' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.96   Max: 1.7
Current: 0.73

During the past years, Tairoun Products Co's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.73. And the median was 0.96.

TPE:1220's Cyclically Adjusted PB Ratio is ranked better than
71.05% of 1413 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs TPE:1220: 0.73

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.

Tairoun Products Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$13.088. 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$15.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tairoun Products Co  (TPE:1220) 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.


Tairoun Products Co Cyclically Adjusted PB Ratio Related Terms


Tairoun Products Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tairoun Products 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.

Tairoun Products Co Cyclically Adjusted PB Ratio Chart

Tairoun Products 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 1.12 1.05 0.96 1.18 0.82

Tairoun Products 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 0.96 0.92 0.84 0.82 0.81

TPE:1220 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Tairoun Products 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.


Tairoun Products Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TPE:1220
73GF Score
Tairoun Products Co Ltd TPE:1220
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tairoun Products 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.15/15.43
=0.72

* 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.

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

For example, Tairoun Products 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)
=13.088/330.2130*330.2130
=13.088

Current CPI (Mar. 2026) = 330.2130.

Tairoun Products Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.274 241.018 16.816
201609 12.252 241.428 16.758
201612 12.536 241.432 17.146
201703 12.763 243.801 17.287
201706 12.220 244.955 16.473
201709 12.100 246.819 16.188
201712 12.487 246.524 16.726
201803 12.700 249.554 16.805
201806 12.412 251.989 16.265
201809 11.549 252.439 15.107
201812 12.594 251.233 16.553
201903 12.700 254.202 16.498
201906 12.242 256.143 15.782
201909 12.414 256.759 15.965
201912 12.889 256.974 16.562
202003 13.071 258.115 16.722
202006 12.873 257.797 16.489
202009 12.934 260.280 16.409
202012 13.287 260.474 16.844
202103 13.724 264.877 17.109
202106 14.027 271.696 17.048
202109 12.970 274.310 15.613
202112 13.276 278.802 15.724
202203 13.511 287.504 15.518
202206 12.777 296.311 14.239
202209 11.936 296.808 13.279
202212 12.569 296.797 13.984
202303 12.543 301.836 13.722
202306 12.615 305.109 13.653
202309 12.882 307.789 13.821
202312 13.068 306.746 14.068
202403 13.430 312.332 14.199
202406 13.579 314.175 14.272
202409 13.432 315.301 14.067
202412 13.821 315.605 14.461
202503 13.136 319.799 13.564
202506 15.093 322.561 15.451
202509 13.291 324.800 13.513
202512 13.255 324.054 13.507
202603 13.088 330.213 13.088

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 0.72 mean?
Tairoun Products Co (TPE:1220) has a Cyclically Adjusted PB Ratio of 0.72 as of Aug. 07, 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 Tairoun Products Co and its competitors. This is 25% below median its historical median of 0.96. Over the past decade, Tairoun Products Co's Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.70. According to the industry distribution chart, Tairoun Products Co ranks #409 out of 1413 companies in the Consumer Packaged Goods industry, placing it in the top 28.9%.
Is Tairoun Products Co's Cyclically Adjusted PB Ratio too high?
Tairoun Products Co's current Cyclically Adjusted PB Ratio of 0.72 is 25% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.70. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. Tairoun Products Co's value of 0.72 is 41.9% below this industry median. Based on the distribution chart, Tairoun Products Co ranks #409 out of 1413 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tairoun Products Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tairoun Products Co's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tairoun Products Co ranks #409 out of 1413 companies for Cyclically Adjusted PB Ratio. This puts Tairoun Products Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Tairoun Products Co's value of 0.72 is 41.9% below this benchmark. Historically, Tairoun Products Co's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 1.70 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.24, Tairoun Products 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 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. Tairoun Products Co's current Cyclically Adjusted PB Ratio of 0.72 is 41.9% 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 Tairoun Products Co 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. Tairoun Products Co's current Cyclically Adjusted PB Ratio is 0.72, which is 25% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tairoun Products Co stock overvalued right now?
Based on GuruFocus' analysis, Tairoun Products Co (TPE:1220) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.30, compared to a current price of NT$11.15 — trading 22% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is 25% below median its 10-year median of 0.96 and 41.9% below the Consumer Packaged Goods industry median of 1.24. Tairoun Products Co's overall GF Score™ is 73/100 with 11 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 Tairoun Products Co (TPE:1220), the current Cyclically Adjusted PB Ratio is 0.72 as of Aug. 07, 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 Tairoun Products Co (TPE:1220) Overvalued in 2026?

Based on GuruFocus' analysis, Tairoun Products Co stock appears to be undervalued. The current stock price of NT$11.15 is trading 22% below its estimated GF Value™ of NT$14.30. GuruFocus considers Tairoun Products Co to be Modestly Undervalued.

Key valuation signals for TPE:1220:

  • Cyclically Adjusted PB Ratio: 0.72 (25% below median its 10-year median of 0.96)
  • GF Value™: NT$14.30 vs. price of NT$11.15 (22% below fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 41.9% below the Consumer Packaged Goods median (#409 of 1413)

No single metric tells the full story. See the TPE:1220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tairoun Products Co Business Description

Address Nanjing East Road, Section 2, No. 206, 6th Floor, Zhongshan District, Taipei, TWN, 104096
Tairoun Products Co Ltd operates in the packaged foods industry. The company is engaged in the production and trading of high-quality feed, fructose, and starch. The company's operating segments are Feed Business, Fructose Business, Starch Business, Seafood Trading, and Others. The majority of its revenue is generated from the Feed Business Department.
73GF Score

Get the complete analysis for TPE:1220

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

NT$11.15
Price
NT$14.30
GF Value