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President Chain StoreTPE:2912 +1.47%91 Cyclically Adjusted PB Ratio is 5.99 as of Jul. 29, 2026, which is 24% below its 10-year median of 7.85. GuruFocus rates TPE:2912 with a GF Score™ of 91/100 and a GF Value™ of NT$306.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 232 Retail - Defensive companies, President Chain Store ranks worse than 87.5% on this metric.
The historical rank and industry rank for President Chain Store's Cyclically Adjusted PB Ratio or its related term are showing as below:
TPE:2912'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.25 Med: 7.85 Max: 12.39
Current: 5.99
During the past years, President Chain Store's highest Cyclically Adjusted PB Ratio was 12.39. The lowest was 5.25. And the median was 7.85.
TPE:2912's Cyclically Adjusted PB Ratio is ranked worse than 87.5% of 232
companies
in the Retail - Defensive industry
Industry Median: 1.635
vs TPE:2912: 5.99
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.
President Chain Store's adjusted book value per share data for the three months ended in Dec. 2025 was NT$40.939. 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$40.26 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
President Chain Store (TPE:2912) 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.
President Chain Store Cyclically Adjusted PB Ratio Related Terms
President Chain Store Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for President Chain Store'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.
President Chain Store Cyclically Adjusted PB Ratio Chart
TPE:2912 vs KR, SFM: Cyclically Adjusted PB Ratio Comparison
For the Grocery Stores subindustry, President Chain Store'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.
President Chain Store Cyclically Adjusted PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where President Chain Store's Cyclically Adjusted PB Ratio falls into.
President Chain Store 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.
* 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.
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 5.99 mean?
President Chain Store (TPE:2912) has a Cyclically Adjusted PB Ratio of 5.99 as of Jul. 29, 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 President Chain Store and its competitors. This is 24% below median its historical median of 7.85. Over the past decade, President Chain Store's Cyclically Adjusted PB Ratio has ranged from 5.25 to 12.39. According to the industry distribution chart, President Chain Store ranks #203 out of 232 companies in the Retail - Defensive industry, placing it in the top 87.5%.
Is President Chain Store's Cyclically Adjusted PB Ratio too high?
President Chain Store's current Cyclically Adjusted PB Ratio of 5.99 is 24% below median its 10-year median of 7.85. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 12.39. The Retail - Defensive industry median Cyclically Adjusted PB Ratio is 1.64. President Chain Store's value of 5.99 is 266.4% above this industry median. Based on the distribution chart, President Chain Store ranks #203 out of 232 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, President Chain Store has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Chain Store's Cyclically Adjusted PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, President Chain Store ranks #203 out of 232 companies for Cyclically Adjusted PB Ratio. This places President Chain Store in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. President Chain Store's value of 5.99 is 266.4% above this benchmark. Historically, President Chain Store's own Cyclically Adjusted PB Ratio has ranged from 5.25 to 12.39 over the past decade. While the company's 10-year median is 7.85 vs. the industry median of 1.64, President Chain Store 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 Retail - Defensive company?
The median Cyclically Adjusted PB Ratio among Retail - Defensive companies is 1.64, based on 232 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. President Chain Store's current Cyclically Adjusted PB Ratio of 5.99 is 266.4% 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 President Chain Store and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Chain Store's current Cyclically Adjusted PB Ratio is 5.99, which is 24% below median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Chain Store stock overvalued right now?
Based on GuruFocus' analysis, President Chain Store (TPE:2912) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$306.74, compared to a current price of NT$241.00 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.99, which is 24% below median its 10-year median of 7.85 and 266.4% above the Retail - Defensive industry median of 1.64. President Chain Store's overall GF Score™ is 91/100 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 President Chain Store (TPE:2912), the current Cyclically Adjusted PB Ratio is 5.99 as of Jul. 29, 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 President Chain Store (TPE:2912) Overvalued in 2026?
Based on GuruFocus' analysis, President Chain Store stock appears to be undervalued.
The current stock price of NT$241.00 is trading 21.4% below its estimated GF Value™ of NT$306.74.
GuruFocus considers President Chain Store to be Modestly Undervalued.
Key valuation signals for TPE:2912:
Cyclically Adjusted PB Ratio: 5.99 (24% below median its 10-year median of 7.85)
GF Value™: NT$306.74 vs. price of NT$241.00 (21.4% below fair value)
Industry Position: 266.4% above the Retail - Defensive median (#203 of 232)
No single metric tells the full story. See the TPE:2912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
President Chain Store Corporation, along with its subsidiaries, is engaged in managing convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores under different brands. Its offerings include food, beverages, coffee, daily commodities, cosmetics and health care products. The group operates in Taiwan, Mainland China, the Philippines, and Japan. Its reportable segments are Convenience stores, Retail business group, Logistics business group, and Others. The majority of the company's revenue is derived from the Convenience Stores segment. Geographically, the company derives the maximum revenue from Taiwan, followed by other regions.
91GF Score
Get the complete analysis for TPE:2912
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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