Formosa Oilseed Processing Co (TPE:1225) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:1225 Formosa Oilseed Processing Co Ltd TPE:1225
60 GF Score
Price NT$24.20
GF Value NT$38.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Formosa Oilseed Processing Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Formosa Oilseed Processing Co  (TPE:1225) 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.


Formosa Oilseed Processing Co Cyclically Adjusted PB Ratio Related Terms


Formosa Oilseed Processing Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Formosa Oilseed Processing 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.

Formosa Oilseed Processing Co Cyclically Adjusted PB Ratio Chart

Formosa Oilseed Processing 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 3.39 3.48 3.35 2.44 1.75

Formosa Oilseed Processing 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 2.01 1.91 1.81 1.75 1.89

TPE:1225 vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Formosa Oilseed Processing 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.


Formosa Oilseed Processing Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Formosa Oilseed Processing Co's Cyclically Adjusted PB Ratio falls into.


TPE:1225
60GF Score
Formosa Oilseed Processing Co Ltd TPE:1225
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Formosa Oilseed Processing 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.

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

For example, Formosa Oilseed Processing 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)
=16.582/330.2130*330.2130
=16.582

Current CPI (Mar. 2026) = 330.2130.

Formosa Oilseed Processing Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.668 241.018 17.356
201609 12.940 241.428 17.699
201612 13.360 241.432 18.273
201703 13.542 243.801 18.342
201706 12.769 244.955 17.213
201709 13.176 246.819 17.628
201712 13.192 246.524 17.670
201803 13.578 249.554 17.967
201806 12.743 251.989 16.699
201809 12.708 252.439 16.623
201812 13.078 251.233 17.189
201903 13.463 254.202 17.489
201906 12.688 256.143 16.357
201909 12.962 256.759 16.670
201912 13.237 256.974 17.010
202003 13.539 258.115 17.321
202006 12.578 257.797 16.111
202009 12.988 260.280 16.478
202012 13.612 260.474 17.256
202103 14.431 264.877 17.991
202106 14.845 271.696 18.042
202109 13.695 274.310 16.486
202112 14.202 278.802 16.821
202203 15.072 287.504 17.311
202206 14.225 296.311 15.853
202209 14.187 296.808 15.784
202212 14.335 296.797 15.949
202303 14.609 301.836 15.982
202306 13.404 305.109 14.507
202309 13.965 307.789 14.982
202312 14.497 306.746 15.606
202403 14.817 312.332 15.665
202406 14.056 314.175 14.774
202409 14.334 315.301 15.012
202412 14.627 315.605 15.304
202503 14.991 319.799 15.479
202506 15.221 322.561 15.582
202509 15.599 324.800 15.859
202512 16.134 324.054 16.441
202603 16.582 330.213 16.582

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.

Is Formosa Oilseed Processing Co (TPE:1225) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Oilseed Processing Co stock appears to be undervalued. The current stock price of NT$24.20 is trading 37.2% below its estimated GF Value™ of NT$38.54. GuruFocus considers Formosa Oilseed Processing Co to be Significantly Undervalued.

Key valuation signals for TPE:1225:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: NT$38.54 vs. price of NT$24.20 (37.2% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the TPE:1225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Oilseed Processing Co Business Description

Address No. 453, Section 1, Shatian Road, Dadu District, Fushan Village, Taichung, TWN, 432004
Formosa Oilseed Processing Co Ltd is a company principally engaged in the manufacturing and distribution of oil products and feedstuff. Its businesses include the manufacturing and the selling of soybean oil, soy flour, flour, oatmeal, corn, pet food, and import and export transactions. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley, and mixed feedstuff, among others.
60GF Score

Get the complete analysis for TPE:1225

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

NT$24.20
Price
NT$38.54
GF Value