Sanitar Co (TPE:1817) Cyclically Adjusted PB Ratio: 1.32 (As of Jul. 23, 2026) — Near Median

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TPE:1817 Sanitar Co Ltd TPE:1817
84 GF Score
Price NT$38.40
GF Value NT$38.19
Valuation Fairly Valued
! 1 Warning Sign
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What is Sanitar Co Cyclically Adjusted PB Ratio?

Sanitar Co TPE:1817 84 Cyclically Adjusted PB Ratio is 1.32 as of Jul. 23, 2026, which is 8% below its 10-year median of 1.44. GuruFocus rates TPE:1817 with a GF Score™ of 84/100 and a GF Value™ of NT$38.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,438 Consumer Packaged Goods companies, Sanitar Co ranks worse than 51.39% on this metric.

As of today (2026-07-23), Sanitar Co's current share price is NT$38.40. Sanitar Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$29.19. Sanitar Co's Cyclically Adjusted PB Ratio for today is 1.32.

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

TPE:1817' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.44   Max: 1.82
Current: 1.32

During the past years, Sanitar Co's highest Cyclically Adjusted PB Ratio was 1.82. The lowest was 1.29. And the median was 1.44.

TPE:1817's Cyclically Adjusted PB Ratio is ranked worse than
51.39% of 1438 companies
in the Consumer Packaged Goods industry
Industry Median: 1.265 vs TPE:1817: 1.32

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.

Sanitar Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$30.946. 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$29.19 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanitar Co  (TPE:1817) 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.


Sanitar Co Cyclically Adjusted PB Ratio Related Terms


Sanitar Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanitar 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.

Sanitar Co Cyclically Adjusted PB Ratio Chart

Sanitar 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 1.58 1.49 1.38 1.47 1.31

Sanitar Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.47 1.67 1.38 1.35 1.31

TPE:1817 vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Sanitar 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.


Sanitar Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TPE:1817
84GF Score
Sanitar Co Ltd TPE:1817
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanitar 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.40/29.19
=1.32

* 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.

Sanitar Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Sanitar Co's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=30.946/324.0540*324.0540
=30.946

Current CPI (Dec. 2025) = 324.0540.

Sanitar Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 21.068 238.132 28.670
201606 19.925 241.018 26.790
201609 20.522 241.428 27.545
201612 21.794 241.432 29.252
201703 21.649 243.801 28.775
201706 20.403 244.955 26.991
201709 21.306 246.819 27.973
201712 22.155 246.524 29.123
201803 22.665 249.554 29.431
201806 21.679 251.989 27.879
201809 22.271 252.439 28.589
201812 23.412 251.233 30.198
201903 24.095 254.202 30.716
201906 22.300 256.143 28.212
201909 23.002 256.759 29.031
201912 23.323 256.974 29.411
202003 23.658 258.115 29.702
202006 22.353 257.797 28.098
202009 23.116 260.280 28.780
202012 23.625 260.474 29.392
202103 24.600 264.877 30.096
202106 25.109 271.696 29.948
202109 23.904 274.310 28.239
202112 24.691 278.802 28.699
202203 25.885 287.504 29.176
202206 25.203 296.311 27.563
202209 26.961 296.808 29.436
202212 27.702 296.797 30.246
202303 28.148 301.836 30.220
202306 26.745 305.109 28.406
202309 27.290 307.789 28.732
202312 27.854 306.746 29.426
202403 29.192 312.332 30.288
202406 28.421 314.175 29.315
202409 29.784 315.301 30.611
202412 30.942 315.605 31.770
202503 31.656 319.799 32.077
202506 27.948 322.561 28.077
202509 29.663 324.800 29.595
202512 30.946 324.054 30.946

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 1.32 mean?
Sanitar Co (TPE:1817) has a Cyclically Adjusted PB Ratio of 1.32 as of Jul. 23, 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 Sanitar Co and its competitors. This is near median its historical median of 1.44. Over the past decade, Sanitar Co's Cyclically Adjusted PB Ratio has ranged from 1.29 to 1.82. According to the industry distribution chart, Sanitar Co ranks #739 out of 1438 companies in the Consumer Packaged Goods industry, placing it in the top 51.4%.
Is Sanitar Co's Cyclically Adjusted PB Ratio too high?
Sanitar Co's current Cyclically Adjusted PB Ratio of 1.32 is near median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 1.82. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Sanitar Co's value of 1.32 is 4.3% above this industry median. Based on the distribution chart, Sanitar Co ranks #739 out of 1438 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sanitar Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanitar Co's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Sanitar Co ranks #739 out of 1438 companies for Cyclically Adjusted PB Ratio. This places Sanitar Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Sanitar Co's value of 1.32 is 4.3% above this benchmark. Historically, Sanitar Co's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 1.82 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 1.27, Sanitar Co 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 1.27, based on 1,438 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. Sanitar Co's current Cyclically Adjusted PB Ratio of 1.32 is 4.3% 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 Sanitar Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanitar Co's current Cyclically Adjusted PB Ratio is 1.32, which is near median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanitar Co stock overvalued right now?
Based on GuruFocus' analysis, Sanitar Co (TPE:1817) is currently considered Fairly Valued. The stock's GF Value™ is NT$38.19, compared to a current price of NT$38.40 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is near median its 10-year median of 1.44 and 4.3% above the Consumer Packaged Goods industry median of 1.27. Sanitar Co's overall GF Score™ is 84/100 with 1 warning sign 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 Sanitar Co (TPE:1817), the current Cyclically Adjusted PB Ratio is 1.32 as of Jul. 23, 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 Sanitar Co (TPE:1817) Overvalued in 2026?

Based on GuruFocus' analysis, Sanitar Co stock appears to be overvalued. The current stock price of NT$38.40 is trading 0.5% above its estimated GF Value™ of NT$38.19. GuruFocus considers Sanitar Co to be Fairly Valued.

Key valuation signals for TPE:1817:

  • Cyclically Adjusted PB Ratio: 1.32 (near median its 10-year median of 1.44)
  • GF Value™: NT$38.19 vs. price of NT$38.40 (0.5% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 4.3% above the Consumer Packaged Goods median (#739 of 1438)

No single metric tells the full story. See the TPE:1817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanitar Co Business Description

Address No 111-8, Xingde Road, 7th Floor, Sanchong District, New Taipei, TWN, 241
Sanitar Co Ltd is engaged in the design, manufacturing, and sale of sanitary porcelain and water outlet products. Its product portfolio includes toilet goods, lavatories, washbasins, faucets, bathtubs, and related accessories. The group operates through two reportable segments: the Taiwan sanitary porcelain segment and the Vietnam sanitary porcelain segment. Both segments are involved in manufacturing and trading sanitary porcelain and water outlet products, and are managed separately due to their distinct business strategies. The company derives the majority of its revenue from Taiwan.
84GF Score

Get the complete analysis for TPE:1817

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

NT$38.40
Price
NT$38.19
GF Value