Maple Leaf Foods (FRA:M1L) Cyclically Adjusted Book per Share: €10.48 (As of Mar. 2026)


FRA:M1L Maple Leaf Foods Inc FRA:M1L
73 GF Score
Price €18.80
GF Value €12.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Maple Leaf Foods Cyclically Adjusted Book per Share?

Maple Leaf Foods FRA:M1L -0.53% 73 Cyclically Adjusted Book per Share is €10.48 as of Mar. 2026. GuruFocus rates FRA:M1L with a GF Score™ of 73/100 and a GF Value™ of €12.55 (Significantly Overvalued). The stock has 7 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.

Maple Leaf Foods's adjusted book value per share for the three months ended in Mar. 2026 was €6.813. 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 €10.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maple Leaf Foods's average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Maple Leaf Foods was 9.30% per year. The lowest was 0.30% per year. And the median was 6.65% per year.

As of today (2026-07-08), Maple Leaf Foods's current stock price is €18.80. Maple Leaf Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €10.48. Maple Leaf Foods's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maple Leaf Foods was 2.89. The lowest was 1.02. And the median was 1.71.


Maple Leaf Foods  (FRA:M1L) 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.

Maple Leaf Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.80/10.48
=1.79

* 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 Maple Leaf Foods was 2.89. The lowest was 1.02. And the median was 1.71.


Be Aware

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


Maple Leaf Foods Cyclically Adjusted Book per Share Related Terms


Maple Leaf Foods Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Maple Leaf 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.

Maple Leaf Foods Cyclically Adjusted Book per Share Chart

Maple Leaf 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 10.46 11.69 12.00 11.60 10.67

Maple Leaf 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 11.28 10.92 10.39 10.67 10.48

FRA:M1L vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Maple Leaf 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.


Maple Leaf Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FRA:M1L
73GF Score
Maple Leaf Foods Inc FRA:M1L
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maple Leaf 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, Maple Leaf 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)
=6.813/132.2623*132.2623
=6.813

Current CPI (Mar. 2026) = 132.2623.

Maple Leaf Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.734 102.002 13.918
201609 10.772 101.765 14.000
201612 11.235 101.449 14.648
201703 11.101 102.634 14.306
201706 10.627 103.029 13.642
201709 10.926 103.345 13.983
201712 10.734 103.345 13.738
201803 10.279 105.004 12.947
201806 10.615 105.557 13.301
201809 10.605 105.636 13.278
201812 10.635 105.399 13.346
201903 10.727 106.979 13.262
201906 10.411 107.690 12.787
201909 10.705 107.611 13.157
201912 10.840 107.769 13.304
202003 10.028 107.927 12.289
202006 9.971 108.401 12.166
202009 10.040 108.164 12.277
202012 10.068 108.559 12.266
202103 11.059 110.298 13.261
202106 11.093 111.720 13.133
202109 11.194 112.905 13.113
202112 11.379 113.774 13.228
202203 12.109 117.646 13.613
202206 12.030 120.806 13.171
202209 10.665 120.648 11.692
202212 9.499 120.964 10.386
202303 8.936 122.702 9.632
202306 8.850 124.203 9.424
202309 8.759 125.230 9.251
202312 8.450 125.072 8.936
202403 8.599 126.258 9.008
202406 8.671 127.522 8.993
202409 8.141 127.285 8.459
202412 8.338 127.364 8.659
202503 8.186 129.181 8.381
202506 8.130 129.892 8.278
202509 8.071 130.287 8.193
202512 6.574 130.366 6.670
202603 6.813 132.262 6.813

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 €10.48 mean?
Maple Leaf Foods (FRA:M1L) has a Cyclically Adjusted Book per Share of €10.48 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 Maple Leaf Foods and its competitors.
Is Maple Leaf Foods' Cyclically Adjusted Book per Share too high?
Maple Leaf Foods' current Cyclically Adjusted Book per Share is €10.48. Overall, Maple Leaf Foods has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maple Leaf Foods' Cyclically Adjusted Book per Share compare to KHC and GIS?
Maple Leaf Foods' Cyclically Adjusted Book per Share of €10.48 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 Maple Leaf Foods and its competitors. Maple Leaf Foods's current Cyclically Adjusted Book per Share is €10.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Leaf Foods stock overvalued right now?
Based on GuruFocus' analysis, Maple Leaf Foods (FRA:M1L) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.55, compared to a current price of €18.80 — trading 49.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is €10.48. Maple Leaf Foods' overall GF Score™ is 73/100 with 7 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 Maple Leaf Foods (FRA:M1L), the current Cyclically Adjusted Book per Share is €10.48 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 Maple Leaf Foods (FRA:M1L) Overvalued in 2026?

Based on GuruFocus' analysis, Maple Leaf Foods stock appears to be overvalued. The current stock price of €18.80 is trading 49.8% above its estimated GF Value™ of €12.55. GuruFocus considers Maple Leaf Foods to be Significantly Overvalued.

Key valuation signals for FRA:M1L:

  • Cyclically Adjusted Book per Share: €10.48
  • GF Value™: €12.55 vs. price of €18.80 (49.8% above fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the FRA:M1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maple Leaf Foods Business Description

Address 6897 Financial Drive, Mississauga, ON, CAN, L5N 0A8
Maple Leaf Foods Inc is a protein-focused consumer packaged goods company that responsibly produces food products under brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, value-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, and Others.
73GF Score

Get the complete analysis for FRA:M1L

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

€18.80
Price
€12.55
GF Value