Marfrig Global Foods (BSP:MBRF3) Cyclically Adjusted Book per Share: R$5.37 (As of Mar. 2026)


BSP:MBRF3 Marfrig Global Foods SA BSP:MBRF3
54 GF Score
Price R$16.78
GF Value R$10.54
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Marfrig Global Foods Cyclically Adjusted Book per Share?

Marfrig Global Foods BSP:MBRF3 -0.94% 54 Cyclically Adjusted Book per Share is R$5.37 as of Mar. 2026. GuruFocus rates BSP:MBRF3 with a GF Score™ of 54/100 and a GF Value™ of R$10.54 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Marfrig Global Foods's adjusted book value per share for the three months ended in Mar. 2026 was R$8.152. 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 R$5.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marfrig Global Foods's average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Marfrig Global Foods was 1.30% per year. The lowest was -18.80% per year. And the median was -13.65% per year.

As of today (2026-07-05), Marfrig Global Foods's current stock price is R$16.78. Marfrig Global Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$5.37. Marfrig Global Foods's Cyclically Adjusted PB Ratio of today is 3.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marfrig Global Foods was 5.39. The lowest was 0.46. And the median was 1.84.


Marfrig Global Foods  (BSP:MBRF3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Marfrig Global Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.78/5.37
=3.12

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marfrig Global Foods was 5.39. The lowest was 0.46. And the median was 1.84.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Marfrig Global Foods Cyclically Adjusted Book per Share Related Terms


Marfrig Global Foods Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Marfrig Global Foods's Cyclically Adjusted Book per Share 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.

Marfrig Global Foods Cyclically Adjusted Book per Share Chart

Marfrig Global Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 4.94 4.64 4.58 5.13

Marfrig Global Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 4.71 4.78 4.95 5.13 5.37

BSP:MBRF3 vs KHC, GIS, HRL: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Marfrig Global Foods'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.


Marfrig Global Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Marfrig Global Foods's Cyclically Adjusted PB Ratio falls into.


BSP:MBRF3
54GF Score
Marfrig Global Foods SA BSP:MBRF3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marfrig Global Foods Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Marfrig Global Foods'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)
=8.152/175.0655*175.0655
=8.152

Current CPI (Mar. 2026) = 175.0655.

Marfrig Global Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.929 108.851 4.711
201609 2.561 109.986 4.076
201612 1.729 110.802 2.732
201703 4.478 111.869 7.008
201706 3.979 112.115 6.213
201709 4.146 112.777 6.436
201712 3.831 114.068 5.880
201803 3.494 114.868 5.325
201806 1.018 117.038 1.523
201809 0.329 117.881 0.489
201812 1.082 118.340 1.601
201903 1.150 120.124 1.676
201906 1.349 120.977 1.952
201909 0.565 121.292 0.815
201912 0.877 123.436 1.244
202003 -1.473 124.092 -2.078
202006 0.524 123.557 0.742
202009 1.377 125.095 1.927
202012 3.010 129.012 4.084
202103 3.339 131.660 4.440
202106 6.082 133.871 7.954
202109 7.071 137.913 8.976
202112 5.866 141.992 7.232
202203 5.060 146.537 6.045
202206 10.522 149.784 12.298
202209 10.298 147.800 12.198
202212 8.395 150.207 9.784
202303 7.285 153.352 8.316
202306 6.327 154.519 7.168
202309 6.540 155.464 7.365
202312 8.213 157.148 9.149
202403 7.946 159.372 8.728
202406 6.266 161.052 6.811
202409 6.058 162.342 6.533
202412 3.201 164.740 3.402
202503 3.286 168.102 3.422
202506 3.395 169.670 3.503
202509 8.498 170.739 8.713
202512 8.035 171.765 8.189
202603 8.152 175.066 8.152

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$5.37 mean?
Marfrig Global Foods (BSP:MBRF3) has a Cyclically Adjusted Book per Share of R$5.37 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Marfrig Global Foods and its competitors.
Is Marfrig Global Foods' Cyclically Adjusted Book per Share too high?
Marfrig Global Foods' current Cyclically Adjusted Book per Share is R$5.37. Overall, Marfrig Global Foods has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marfrig Global Foods' Cyclically Adjusted Book per Share compare to KHC and GIS?
Marfrig Global Foods' Cyclically Adjusted Book per Share of R$5.37 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Marfrig Global Foods and its competitors. Marfrig Global Foods's current Cyclically Adjusted Book per Share is R$5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marfrig Global Foods stock overvalued right now?
Based on GuruFocus' analysis, Marfrig Global Foods (BSP:MBRF3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.54, compared to a current price of R$16.78 — trading 59.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$5.37. Marfrig Global Foods' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Marfrig Global Foods (BSP:MBRF3), the current Cyclically Adjusted Book per Share is R$5.37 as of Mar. 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 Marfrig Global Foods (BSP:MBRF3) Overvalued in 2026?

Based on GuruFocus' analysis, Marfrig Global Foods stock appears to be overvalued. The current stock price of R$16.78 is trading 59.2% above its estimated GF Value™ of R$10.54. GuruFocus considers Marfrig Global Foods to be Significantly Overvalued.

Key valuation signals for BSP:MBRF3:

  • Cyclically Adjusted Book per Share: R$5.37
  • GF Value™: R$10.54 vs. price of R$16.78 (59.2% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the BSP:MBRF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marfrig Global Foods Business Description

Other Exchanges MBRFY:USAMGP1:Germany
Address Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Processing of products (formed by cattle slaughter facilities in operation, which are also used in beef processing, and for the manufacture of animal nutrition products) and sale of animal-based (beef, pork, lamb, fish, and poultry) and plant-based proteins. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF, and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.
54GF Score

Get the complete analysis for BSP:MBRF3

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

R$16.78
Price
R$10.54
GF Value