Mao Bao (TPE:1732) Cyclically Adjusted PB Ratio: 2.07 (As of Aug. 05, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:1732 Mao Bao Inc TPE:1732
81 GF Score
Price NT$26.95
GF Value NT$32.62
Valuation Modestly Undervalued
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What is Mao Bao Cyclically Adjusted PB Ratio?

Mao Bao TPE:1732 +1.70% 81 Cyclically Adjusted PB Ratio is 2.07 as of Aug. 05, 2026, which is 7% below its 10-year median of 2.23. GuruFocus rates TPE:1732 with a GF Score™ of 81/100 and a GF Value™ of NT$32.62 (Modestly Undervalued). Among 1,421 Consumer Packaged Goods companies, Mao Bao ranks worse than 67.63% on this metric.

As of today (2026-08-05), Mao Bao's current share price is NT$26.95. Mao Bao's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$13.01. Mao Bao's Cyclically Adjusted PB Ratio for today is 2.07.

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

TPE:1732' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 2.23   Max: 4.12
Current: 2.04

During the past years, Mao Bao's highest Cyclically Adjusted PB Ratio was 4.12. The lowest was 0.87. And the median was 2.23.

TPE:1732's Cyclically Adjusted PB Ratio is ranked worse than
67.63% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs TPE:1732: 2.04

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.

Mao Bao's adjusted book value per share data for the three months ended in Mar. 2026 was NT$11.633. 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$13.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mao Bao  (TPE:1732) 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.


Mao Bao Cyclically Adjusted PB Ratio Related Terms


Mao Bao Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mao Bao'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.

Mao Bao Cyclically Adjusted PB Ratio Chart

Mao Bao 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 2.84 2.60 2.45 2.20 2.18

Mao Bao 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 1.95 2.01 2.31 2.18 2.02

TPE:1732 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Mao Bao'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.


Mao Bao Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TPE:1732
81GF Score
Mao Bao Inc TPE:1732
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mao Bao 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.

Mao Bao's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.95/13.01
=2.07

* 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.

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

For example, Mao Bao'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)
=11.633/330.2130*330.2130
=11.633

Current CPI (Mar. 2026) = 330.2130.

Mao Bao Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.202 241.018 13.978
201609 10.015 241.428 13.698
201612 9.785 241.432 13.383
201703 9.632 243.801 13.046
201706 9.664 244.955 13.028
201709 9.739 246.819 13.030
201712 9.866 246.524 13.215
201803 9.918 249.554 13.124
201806 9.951 251.989 13.040
201809 9.916 252.439 12.971
201812 10.120 251.233 13.301
201903 10.249 254.202 13.314
201906 10.294 256.143 13.271
201909 10.477 256.759 13.474
201912 10.698 256.974 13.747
202003 11.016 258.115 14.093
202006 11.255 257.797 14.417
202009 11.254 260.280 14.278
202012 11.557 260.474 14.651
202103 11.710 264.877 14.598
202106 11.932 271.696 14.502
202109 11.414 274.310 13.740
202112 11.447 278.802 13.558
202203 11.522 287.504 13.234
202206 11.341 296.311 12.639
202209 11.448 296.808 12.736
202212 11.362 296.797 12.641
202303 11.306 301.836 12.369
202306 11.326 305.109 12.258
202309 11.382 307.789 12.211
202312 11.236 306.746 12.096
202403 11.392 312.332 12.044
202406 11.531 314.175 12.120
202409 11.539 315.301 12.085
202412 11.625 315.605 12.163
202503 11.560 319.799 11.936
202506 10.705 322.561 10.959
202509 11.484 324.800 11.675
202512 11.844 324.054 12.069
202603 11.633 330.213 11.633

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 2.07 mean?
Mao Bao (TPE:1732) has a Cyclically Adjusted PB Ratio of 2.07 as of Aug. 05, 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 Mao Bao and its competitors. This is near median its historical median of 2.23. Over the past decade, Mao Bao's Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.12. According to the industry distribution chart, Mao Bao ranks #961 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 67.6%.
Is Mao Bao's Cyclically Adjusted PB Ratio too high?
Mao Bao's current Cyclically Adjusted PB Ratio of 2.07 is near median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.12. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Mao Bao's value of 2.07 is 65.6% above this industry median. Based on the distribution chart, Mao Bao ranks #961 out of 1421 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Mao Bao has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mao Bao's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Mao Bao ranks #961 out of 1421 companies for Cyclically Adjusted PB Ratio. This places Mao Bao in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Mao Bao's value of 2.07 is 65.6% above this benchmark. Historically, Mao Bao's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.12 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.25, Mao Bao 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 1,421 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. Mao Bao's current Cyclically Adjusted PB Ratio of 2.07 is 65.6% 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 Mao Bao 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. Mao Bao's current Cyclically Adjusted PB Ratio is 2.07, which is near median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mao Bao stock overvalued right now?
Based on GuruFocus' analysis, Mao Bao (TPE:1732) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$32.62, compared to a current price of NT$26.95 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.07, which is near median its 10-year median of 2.23 and 65.6% above the Consumer Packaged Goods industry median of 1.25. Mao Bao's overall GF Score™ is 81/100. 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 Mao Bao (TPE:1732), the current Cyclically Adjusted PB Ratio is 2.07 as of Aug. 05, 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 Mao Bao (TPE:1732) Overvalued in 2026?

Based on GuruFocus' analysis, Mao Bao stock appears to be undervalued. The current stock price of NT$26.95 is trading 17.4% below its estimated GF Value™ of NT$32.62. GuruFocus considers Mao Bao to be Modestly Undervalued.

Key valuation signals for TPE:1732:

  • Cyclically Adjusted PB Ratio: 2.07 (near median its 10-year median of 2.23)
  • GF Value™: NT$32.62 vs. price of NT$26.95 (17.4% below fair value)
  • GF Score™: 81/100
  • Industry Position: 65.6% above the Consumer Packaged Goods median (#961 of 1421)

No single metric tells the full story. See the TPE:1732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mao Bao Business Description

Address No. 19, Shihchien Road, Shen-Li Village, Hukou Township, Hsinchu, TWN
Mao Bao Inc operates in the household and personal products industry. The company's main businesses are the processing, manufacturing, transactions, and other import/export trading of various cleaning products. The company's products are widely distributed in supermarkets, warehouse clubs, convenient stores such as Carrefour, Costco, Watsons, and Wellcome.
81GF Score

Get the complete analysis for TPE:1732

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

NT$26.95
Price
NT$32.62
GF Value