TPHIF (Top Frontier Investment Holdings) Cyclically Adjusted PB Ratio: 0.09 (As of Jul. 14, 2026) — 25% Below Median

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TPHIF Top Frontier Investment Holdings Inc TPHIF
73 GF Score
Price $0.94
GF Value $1.16
! 4 Warning Signs
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What is Top Frontier Investment Holdings Cyclically Adjusted PB Ratio?

Top Frontier Investment Holdings TPHIF 73 Cyclically Adjusted PB Ratio is 0.09 as of Jul. 14, 2026, which is 25% below its 10-year median of 0.12. GuruFocus rates TPHIF with a GF Score™ of 73/100 and a GF Value™ of $1.16. The stock has 4 warning signs investors should review. Among 479 Conglomerates companies, Top Frontier Investment Holdings ranks better than 95.2% on this metric.

As of today (2026-07-14), Top Frontier Investment Holdings's current share price is $0.935. Top Frontier Investment Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.92. Top Frontier Investment Holdings's Cyclically Adjusted PB Ratio for today is 0.09.

The historical rank and industry rank for Top Frontier Investment Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPHIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.24
Current: 0.09

During the past years, Top Frontier Investment Holdings's highest Cyclically Adjusted PB Ratio was 0.24. The lowest was 0.09. And the median was 0.12.

TPHIF's Cyclically Adjusted PB Ratio is ranked better than
95.2% of 479 companies
in the Conglomerates industry
Industry Median: 1.05 vs TPHIF: 0.09

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.

Top Frontier Investment Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was $10.573. 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 $9.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Top Frontier Investment Holdings  (OTCPK:TPHIF) 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.


Top Frontier Investment Holdings Cyclically Adjusted PB Ratio Related Terms


Top Frontier Investment Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Top Frontier Investment Holdings'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.

Top Frontier Investment Holdings Cyclically Adjusted PB Ratio Chart

Top Frontier Investment Holdings 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 0.00 0.00 0.21 0.12 0.11

Top Frontier Investment Holdings 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 0.11 0.11 0.11 0.11 0.09

TPHIF vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Top Frontier Investment Holdings'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.


Top Frontier Investment Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Top Frontier Investment Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Top Frontier Investment Holdings's Cyclically Adjusted PB Ratio falls into.


TPHIF
73GF Score
Top Frontier Investment Holdings Inc TPHIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Frontier Investment Holdings 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.

Top Frontier Investment Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.935/9.92
=0.09

* 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.

Top Frontier Investment Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Top Frontier Investment Holdings'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)
=10.573/330.2130*330.2130
=10.573

Current CPI (Mar. 2026) = 330.2130.

Top Frontier Investment Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.170 241.018 8.453
201609 6.103 241.428 8.347
201612 5.947 241.432 8.134
201703 6.083 243.801 8.239
201706 6.243 244.955 8.416
201709 6.385 246.819 8.542
201712 6.591 246.524 8.828
201803 6.592 249.554 8.723
201806 6.680 251.989 8.754
201809 6.725 252.439 8.797
201812 7.718 251.233 10.144
201903 7.826 254.202 10.166
201906 7.949 256.143 10.248
201909 8.065 256.759 10.372
201912 7.896 256.974 10.146
202003 7.709 258.115 9.862
202006 7.466 257.797 9.563
202009 7.642 260.280 9.695
202012 7.740 260.474 9.812
202103 7.862 264.877 9.801
202106 7.914 271.696 9.618
202109 7.768 274.310 9.351
202112 7.842 278.802 9.288
202203 7.962 287.504 9.145
202206 7.554 296.311 8.418
202209 6.946 296.808 7.728
202212 9.485 296.797 10.553
202303 9.774 301.836 10.693
202306 8.227 305.109 8.904
202309 8.046 307.789 8.632
202312 7.948 306.746 8.556
202403 7.841 312.332 8.290
202406 7.351 314.175 7.726
202409 7.590 315.301 7.949
202412 7.016 315.605 7.341
202503 8.254 319.799 8.523
202506 8.522 322.561 8.724
202509 8.698 324.800 8.843
202512 10.523 324.054 10.723
202603 10.573 330.213 10.573

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 0.09 mean?
Top Frontier Investment Holdings (TPHIF) has a Cyclically Adjusted PB Ratio of 0.09 as of Jul. 14, 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 Top Frontier Investment Holdings and its competitors. This is 25% below median its historical median of 0.12. Over the past decade, Top Frontier Investment Holdings' Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.24. According to the industry distribution chart, Top Frontier Investment Holdings ranks #23 out of 479 companies in the Conglomerates industry, placing it in the top 4.8%.
Is Top Frontier Investment Holdings' Cyclically Adjusted PB Ratio too high?
Top Frontier Investment Holdings' current Cyclically Adjusted PB Ratio of 0.09 is 25% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.24. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.05. Top Frontier Investment Holdings' value of 0.09 is 91.4% below this industry median. Based on the distribution chart, Top Frontier Investment Holdings ranks #23 out of 479 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Top Frontier Investment Holdings has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Top Frontier Investment Holdings' Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Top Frontier Investment Holdings ranks #23 out of 479 companies for Cyclically Adjusted PB Ratio. This places Top Frontier Investment Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.05. Top Frontier Investment Holdings' value of 0.09 is 91.4% below this benchmark. Historically, Top Frontier Investment Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.24 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.05, Top Frontier Investment Holdings has consistently been below 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.05, based on 479 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. Top Frontier Investment Holdings's current Cyclically Adjusted PB Ratio of 0.09 is 91.4% below 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 Top Frontier Investment Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Frontier Investment Holdings's current Cyclically Adjusted PB Ratio is 0.09, which is 25% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Frontier Investment Holdings stock overvalued right now?
Top Frontier Investment Holdings (TPHIF) has a current Cyclically Adjusted PB Ratio of 0.09. The stock's GF Value™ is $1.16, compared to a current price of $0.94 — trading 19.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 25% below median its 10-year median of 0.12 and 91.4% below the Conglomerates industry median of 1.05. Top Frontier Investment Holdings' overall GF Score™ is 73/100 with 4 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 Top Frontier Investment Holdings (TPHIF), the current Cyclically Adjusted PB Ratio is 0.09 as of Jul. 14, 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 Top Frontier Investment Holdings (TPHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Top Frontier Investment Holdings stock appears to be undervalued. The current stock price of $0.94 is trading 19.4% below its estimated GF Value™ of $1.16.

Key valuation signals for TPHIF:

  • Cyclically Adjusted PB Ratio: 0.09 (25% below median its 10-year median of 0.12)
  • GF Value™: $1.16 vs. price of $0.94 (19.4% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 91.4% below the Conglomerates median (#23 of 479)

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


Top Frontier Investment Holdings Business Description

Other Exchanges TFHI:Philippines
Address No. 399 Sen. Gil J. Puyat Avenue, 5th Floor, ENZO Building, Makati City, PHL, 1200
Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The Company operates through segments including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, real estate, mining, and others. It derives a key revenue from the energy segment, which focuses on the sale, retail, and distribution of power through various supply and service agreements to generators, distribution utilities, including Manila Electric Company (Meralco), electric cooperatives, industrial customers, and the National Grid Corporation of the Philippines (NGCP), as well as through the Philippine Wholesale Electricity Spot Market (WESM).
73GF Score

Get the complete analysis for TPHIF

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

$0.94
Price
$1.16
GF Value