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Better Life Group (TPE:1805) Cyclically Adjusted PB Ratio : 1.25 (As of May. 25, 2025)


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What is Better Life Group Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Better Life Group's current share price is NT$14.45. Better Life Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$11.55. Better Life Group's Cyclically Adjusted PB Ratio for today is 1.25.

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

TPE:1805' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.25   Max: 1.92
Current: 1.25

During the past years, Better Life Group's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.88. And the median was 1.25.

TPE:1805's Cyclically Adjusted PB Ratio is ranked worse than
71.87% of 1319 companies
in the Real Estate industry
Industry Median: 0.67 vs TPE:1805: 1.25

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.

Better Life Group's adjusted book value per share data for the three months ended in Mar. 2025 was NT$12.065. 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$11.55 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Better Life Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Better Life Group'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.

* Premium members only.

Better Life Group Cyclically Adjusted PB Ratio Chart

Better Life Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.57 1.14 1.07 1.50

Better Life Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.49 1.61 1.66 1.50 1.39

Competitive Comparison of Better Life Group's Cyclically Adjusted PB Ratio

For the Real Estate - Development subindustry, Better Life Group'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.


Better Life Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Better Life Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Better Life Group's Cyclically Adjusted PB Ratio falls into.


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Better Life Group 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.

Better Life Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.45/11.55
=1.25

* 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.

Better Life Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Better Life Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.065/134.9266*134.9266
=12.065

Current CPI (Mar. 2025) = 134.9266.

Better Life Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.843 100.684 15.871
201509 11.522 100.392 15.486
201512 14.544 99.792 19.665
201603 13.912 100.470 18.683
201606 12.836 101.688 17.032
201609 12.554 101.861 16.629
201612 12.082 101.863 16.004
201703 11.804 102.862 15.484
201706 11.427 103.349 14.918
201709 11.153 104.136 14.451
201712 12.043 104.011 15.623
201803 11.037 105.290 14.144
201806 10.641 106.317 13.504
201809 10.087 106.507 12.779
201812 9.648 105.998 12.281
201903 9.331 107.251 11.739
201906 8.978 108.070 11.209
201909 8.733 108.329 10.877
201912 8.641 108.420 10.754
202003 8.457 108.902 10.478
202006 8.263 108.767 10.250
202009 8.072 109.815 9.918
202012 7.846 109.897 9.633
202103 7.645 111.754 9.230
202106 7.577 114.631 8.918
202109 7.775 115.734 9.064
202112 7.736 117.630 8.874
202203 7.465 121.301 8.304
202206 7.309 125.017 7.888
202209 7.137 125.227 7.690
202212 7.190 125.222 7.747
202303 6.793 127.348 7.197
202306 6.605 128.729 6.923
202309 6.589 129.860 6.846
202312 7.407 129.419 7.722
202403 7.613 131.776 7.795
202406 8.012 132.554 8.155
202409 9.138 133.029 9.268
202412 10.794 133.157 10.937
202503 12.065 134.927 12.065

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.


Better Life Group  (TPE:1805) 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.


Better Life Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Better Life Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Better Life Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 303, Xinhu 1st Road, 4th Floor, Neihu District, Taipei City, TWN
Better Life Group operates a business is to contract construction companies to build public housing projects and commercial buildings for lease out and sale. The company has two reporting segments which are the Construction Department: which includes the development, construction, letting and sale of residential and other properties and the Real Estate Agency Department includes third-party marketing services for leasing and sale of residential properties and the majority of revenues are generated from Construction segment.

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