Mega Financial Holding Co (TPE:2886) Cyclically Adjusted PB Ratio: 1.95 (As of Aug. 08, 2026) — 34% Above Median

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TPE:2886 Mega Financial Holding Co Ltd TPE:2886
75 GF Score
Price NT$50.90
GF Value NT$43.08
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Mega Financial Holding Co Cyclically Adjusted PB Ratio?

Mega Financial Holding Co TPE:2886 +1.19% 75 Cyclically Adjusted PB Ratio is 1.95 as of Aug. 08, 2026, which is 34% above its 10-year median of 1.45. GuruFocus rates TPE:2886 with a GF Score™ of 75/100 and a GF Value™ of NT$43.08 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,285 Banks companies, Mega Financial Holding Co ranks worse than 80.39% on this metric.

As of today (2026-08-08), Mega Financial Holding Co's current share price is NT$50.90. Mega Financial Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$26.07. Mega Financial Holding Co's Cyclically Adjusted PB Ratio for today is 1.95.

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

TPE:2886' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.45   Max: 2.04
Current: 2.04

During the past years, Mega Financial Holding Co's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 1.17. And the median was 1.45.

TPE:2886's Cyclically Adjusted PB Ratio is ranked worse than
80.39% of 1285 companies
in the Banks industry
Industry Median: 1.28 vs TPE:2886: 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.

Mega Financial Holding Co's adjusted book value per share data for the three months ended in Dec. 2025 was NT$26.452. 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$26.07 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mega Financial Holding Co  (TPE:2886) 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.


Mega Financial Holding Co Cyclically Adjusted PB Ratio Related Terms


Mega Financial Holding Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mega Financial Holding 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.

Mega Financial Holding Co Cyclically Adjusted PB Ratio Chart

Mega Financial Holding 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 1.46 1.21 1.53 1.52 1.53

Mega Financial Holding 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 1.52 1.54 1.58 1.62 1.53

Mega Financial Holding Co Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Mega Financial Holding 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.


Mega Financial Holding Co Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Mega Financial Holding Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:2886
75GF Score
Mega Financial Holding Co Ltd TPE:2886
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega Financial Holding 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.

Mega Financial Holding Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.90/26.07
=1.95

* 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.

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

For example, Mega Financial Holding 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)
=26.452/324.0540*324.0540
=26.452

Current CPI (Dec. 2025) = 324.0540.

Mega Financial Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201603 20.779 238.132 28.276
201606 19.571 241.018 26.314
201609 20.090 241.428 26.966
201612 20.111 241.432 26.993
201703 20.628 243.801 27.418
201706 19.883 244.955 26.303
201709 20.433 246.819 26.827
201712 20.529 246.524 26.985
201803 21.694 249.554 28.170
201806 20.815 251.989 26.768
201809 21.362 252.439 27.422
201812 21.644 251.233 27.918
201903 22.373 254.202 28.521
201906 21.514 256.143 27.218
201909 21.978 256.759 27.738
201912 22.321 256.974 28.148
202003 22.371 258.115 28.086
202006 21.588 257.797 27.136
202009 22.036 260.280 27.435
202012 22.495 260.474 27.986
202103 22.752 264.877 27.835
202106 21.929 271.696 26.155
202109 22.279 274.310 26.319
202112 22.619 278.802 26.290
202203 22.576 287.504 25.446
202206 20.407 296.311 22.318
202209 20.166 296.808 22.017
202212 20.650 296.797 22.546
202303 21.705 301.836 23.303
202306 21.446 305.109 22.778
202309 21.929 307.789 23.088
202312 23.130 306.746 24.435
202403 24.375 312.332 25.290
202406 23.583 314.175 24.325
202409 24.373 315.301 25.050
202412 24.542 315.605 25.199
202503 25.353 319.799 25.690
202506 23.783 322.561 23.893
202509 25.801 324.800 25.742
202512 26.452 324.054 26.452

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 1.95 mean?
Mega Financial Holding Co (TPE:2886) has a Cyclically Adjusted PB Ratio of 1.95 as of Aug. 08, 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 Mega Financial Holding Co and its competitors. This is 34% above median its historical median of 1.45. Over the past decade, Mega Financial Holding Co's Cyclically Adjusted PB Ratio has ranged from 1.17 to 2.04. According to the industry distribution chart, Mega Financial Holding Co ranks #1033 out of 1285 companies in the Banks industry, placing it in the top 80.4%.
Is Mega Financial Holding Co's Cyclically Adjusted PB Ratio too high?
Mega Financial Holding Co's current Cyclically Adjusted PB Ratio of 1.95 is 34% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 2.04. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Mega Financial Holding Co's value of 1.95 is 52.3% above this industry median. Based on the distribution chart, Mega Financial Holding Co ranks #1033 out of 1285 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Mega Financial Holding Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Financial Holding Co's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Mega Financial Holding Co ranks #1033 out of 1285 companies for Cyclically Adjusted PB Ratio. This places Mega Financial Holding Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Mega Financial Holding Co's value of 1.95 is 52.3% above this benchmark. Historically, Mega Financial Holding Co's own Cyclically Adjusted PB Ratio has ranged from 1.17 to 2.04 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.28, Mega Financial Holding 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,285 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. Mega Financial Holding Co's current Cyclically Adjusted PB Ratio of 1.95 is 52.3% 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 Mega Financial Holding Co and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Financial Holding Co's current Cyclically Adjusted PB Ratio is 1.95, which is 34% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Financial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Mega Financial Holding Co (TPE:2886) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$43.08, compared to a current price of NT$50.90 — trading 18.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.95, which is 34% above median its 10-year median of 1.45 and 52.3% above the Banks industry median of 1.28. Mega Financial Holding Co's overall GF Score™ is 75/100 with 8 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 Mega Financial Holding Co (TPE:2886), the current Cyclically Adjusted PB Ratio is 1.95 as of Aug. 08, 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 Mega Financial Holding Co (TPE:2886) Overvalued in 2026?

Based on GuruFocus' analysis, Mega Financial Holding Co stock appears to be overvalued. The current stock price of NT$50.90 is trading 18.2% above its estimated GF Value™ of NT$43.08. GuruFocus considers Mega Financial Holding Co to be Modestly Overvalued.

Key valuation signals for TPE:2886:

  • Cyclically Adjusted PB Ratio: 1.95 (34% above median its 10-year median of 1.45)
  • GF Value™: NT$43.08 vs. price of NT$50.90 (18.2% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 52.3% above the Banks median (#1033 of 1285)

No single metric tells the full story. See the TPE:2886 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mega Financial Holding Co Business Description

Address Jhongsiao East Road, 14-17, 20-21 Floor Section 2, Number 123, Taipei, TWN, 10058
Mega Financial Holding Co Ltd is mainly engaged in investment activities approved by the governing authorities and management of the investee companies. Its services are provided through subsidiaries engaged in commercial banking operations, securities, bill finance, investment trust, insurance, asset management, and venture capital. The Group operates through segments comprising the Bank division, the Insurance division, the Bills division, the Securities division, and other divisions. Geographically, the Group operates in Asia, America, and Other, with maximum net revenue generated from Asia.
75GF Score

Get the complete analysis for TPE:2886

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

NT$50.90
Price
NT$43.08
GF Value