Better Life Group (TPE:1805) Cyclically Adjusted PB Ratio: 0.87 (As of Aug. 05, 2026) — 24% Below Median

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TPE:1805 Better Life Group TPE:1805
56 GF Score
Price NT$9.87
GF Value NT$12.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Better Life Group Cyclically Adjusted PB Ratio?

Better Life Group TPE:1805 +1.75% 56 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 05, 2026, which is 24% below its 10-year median of 1.15. GuruFocus rates TPE:1805 with a GF Score™ of 56/100 and a GF Value™ of NT$12.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,410 Real Estate companies, Better Life Group ranks worse than 60% on this metric.

As of today (2026-08-05), Better Life Group's current share price is NT$9.87. Better Life Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$11.35. Better Life Group's Cyclically Adjusted PB Ratio for today is 0.87.

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: 1.15   Max: 1.92
Current: 0.88

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 1.15.

TPE:1805's Cyclically Adjusted PB Ratio is ranked worse than
60% of 1410 companies
in the Real Estate industry
Industry Median: 0.69 vs TPE:1805: 0.88

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. 2026 was NT$12.188. 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$11.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Better Life Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Better Life Group Cyclically Adjusted PB Ratio Chart

Better Life Group 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 1.57 1.14 1.07 1.50 1.07

Better Life Group 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 1.39 1.13 0.96 1.07 0.94

Better Life Group Cyclically Adjusted PB Ratio Competitor Comparison

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 Cyclically Adjusted PB Ratio vs 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.


TPE:1805
56GF Score
Better Life Group TPE:1805
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=9.87/11.35
=0.87

* 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. 2026 is calculated as:

For example, Better Life Group'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)
=12.188/330.2130*330.2130
=12.188

Current CPI (Mar. 2026) = 330.2130.

Better Life Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.836 241.018 17.586
201609 12.554 241.428 17.171
201612 12.082 241.432 16.525
201703 11.804 243.801 15.988
201706 11.427 244.955 15.404
201709 11.153 246.819 14.921
201712 12.043 246.524 16.131
201803 11.037 249.554 14.604
201806 10.641 251.989 13.944
201809 10.087 252.439 13.195
201812 9.648 251.233 12.681
201903 9.331 254.202 12.121
201906 8.978 256.143 11.574
201909 8.733 256.759 11.231
201912 8.641 256.974 11.104
202003 8.457 258.115 10.819
202006 8.263 257.797 10.584
202009 8.072 260.280 10.241
202012 7.846 260.474 9.947
202103 7.645 264.877 9.531
202106 7.577 271.696 9.209
202109 7.775 274.310 9.360
202112 7.736 278.802 9.163
202203 7.465 287.504 8.574
202206 7.309 296.311 8.145
202209 7.137 296.808 7.940
202212 7.190 296.797 8.000
202303 6.793 301.836 7.432
202306 6.605 305.109 7.148
202309 6.589 307.789 7.069
202312 7.407 306.746 7.974
202403 7.613 312.332 8.049
202406 8.012 314.175 8.421
202409 9.138 315.301 9.570
202412 10.794 315.605 11.294
202503 12.065 319.799 12.458
202506 11.993 322.561 12.278
202509 11.921 324.800 12.120
202512 12.052 324.054 12.281
202603 12.188 330.213 12.188

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 0.87 mean?
Better Life Group (TPE:1805) has a Cyclically Adjusted PB Ratio of 0.87 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 Better Life Group and its competitors. This is 24% below median its historical median of 1.15. Over the past decade, Better Life Group's Cyclically Adjusted PB Ratio has ranged from 0.88 to 1.92. According to the industry distribution chart, Better Life Group ranks #846 out of 1410 companies in the Real Estate industry, placing it in the top 60%.
Is Better Life Group's Cyclically Adjusted PB Ratio too high?
Better Life Group's current Cyclically Adjusted PB Ratio of 0.87 is 24% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.92. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Better Life Group's value of 0.87 is 26.1% above this industry median. Based on the distribution chart, Better Life Group ranks #846 out of 1410 companies in the Real Estate industry, which is below the industry midpoint. Overall, Better Life Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Better Life Group's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Better Life Group ranks #846 out of 1410 companies for Cyclically Adjusted PB Ratio. This places Better Life Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Better Life Group's value of 0.87 is 26.1% above this benchmark. Historically, Better Life Group's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 1.92 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.69, Better Life Group 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,410 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. Better Life Group's current Cyclically Adjusted PB Ratio of 0.87 is 26.1% 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 Better Life Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Better Life Group's current Cyclically Adjusted PB Ratio is 0.87, which is 24% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Life Group stock overvalued right now?
Based on GuruFocus' analysis, Better Life Group (TPE:1805) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.02, compared to a current price of NT$9.87 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 24% below median its 10-year median of 1.15 and 26.1% above the Real Estate industry median of 0.69. Better Life Group's overall GF Score™ is 56/100 with 5 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 Better Life Group (TPE:1805), the current Cyclically Adjusted PB Ratio is 0.87 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 Better Life Group (TPE:1805) Overvalued in 2026?

Based on GuruFocus' analysis, Better Life Group stock appears to be undervalued. The current stock price of NT$9.87 is trading 17.9% below its estimated GF Value™ of NT$12.02. GuruFocus considers Better Life Group to be Modestly Undervalued.

Key valuation signals for TPE:1805:

  • Cyclically Adjusted PB Ratio: 0.87 (24% below median its 10-year median of 1.15)
  • GF Value™: NT$12.02 vs. price of NT$9.87 (17.9% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 26.1% above the Real Estate median (#846 of 1410)

No single metric tells the full story. See the TPE:1805 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Better Life Group Business Description

Address No. 303, Xinhu 1st Road, 4th Floor, Neihu District, Taipei City, TWN, 114
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; the Real Estate Agency Department includes third-party marketing services for leasing and sale of residential properties; and Other departments. The majority of revenues are generated from Construction segment.
56GF Score

Get the complete analysis for TPE:1805

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

NT$9.87
Price
NT$12.02
GF Value