Conagra Brands (MEX:CAG) Cyclically Adjusted Book per Share: MXN324.76 (As of Feb. 2026)


MEX:CAG Conagra Brands Inc MEX:CAG
37 GF Score
Price MXN235.00
GF Value MXN421.33
Valuation Possible Value Trap
! 3 Warning Signs
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What is Conagra Brands Cyclically Adjusted Book per Share?

Conagra Brands MEX:CAG 37 Cyclically Adjusted Book per Share is MXN324.76 as of Feb. 2026. GuruFocus rates MEX:CAG with a GF Score™ of 37/100 and a GF Value™ of MXN421.33 (Possible Value Trap). The stock has 3 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.

Conagra Brands's adjusted book value per share for the three months ended in Feb. 2026 was MXN293.856. 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 MXN324.76 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Conagra Brands's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Conagra Brands was 8.60% per year. The lowest was -0.30% per year. And the median was 4.90% per year.

As of today (2026-07-05), Conagra Brands's current stock price is MXN235.00. Conagra Brands's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was MXN324.76. Conagra Brands's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Conagra Brands was 3.53. The lowest was 0.72. And the median was 2.40.


Conagra Brands  (MEX:CAG) 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.

Conagra Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=235.00/324.76
=0.72

* 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 Conagra Brands was 3.53. The lowest was 0.72. And the median was 2.40.


Be Aware

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


Conagra Brands Cyclically Adjusted Book per Share Related Terms


Conagra Brands Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Conagra Brands'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.

Conagra Brands Cyclically Adjusted Book per Share Chart

Conagra Brands Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 326.87

Conagra Brands Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 326.87 328.06 316.04 324.76

MEX:CAG vs CPB, PPC, LW: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Conagra Brands'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.


Conagra Brands Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Conagra Brands's Cyclically Adjusted PB Ratio falls into.


MEX:CAG
37GF Score
Conagra Brands Inc MEX:CAG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conagra Brands 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, Conagra Brands's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=293.856/326.7850*326.7850
=293.856

Current CPI (Feb. 2026) = 326.7850.

Conagra Brands Quarterly Data

Book Value per Share CPI Adj_Book
201605 156.092 240.229 212.333
201608 160.098 240.849 217.222
201611 209.011 241.353 282.995
201702 198.390 243.603 266.133
201705 178.739 244.733 238.665
201708 165.196 245.519 219.875
201711 171.969 246.669 227.823
201802 178.126 248.991 233.779
201805 188.128 251.588 244.357
201808 183.262 252.146 237.510
201811 301.933 252.038 391.477
201902 292.316 252.776 377.902
201905 298.553 256.092 380.967
201908 306.796 256.558 390.775
201911 305.585 257.208 388.248
202002 315.347 258.678 398.374
202005 358.429 256.394 456.833
202008 363.746 259.918 457.324
202011 346.103 260.229 434.622
202102 359.939 263.014 447.211
202105 354.868 269.195 430.786
202108 358.092 273.567 427.753
202111 388.141 277.948 456.340
202202 373.072 283.716 429.706
202205 360.249 292.296 402.756
202208 356.423 296.171 393.265
202211 352.126 297.711 386.514
202302 341.060 300.840 370.474
202305 325.074 304.127 349.293
202308 313.785 307.026 333.979
202311 327.301 307.051 348.336
202402 326.660 310.326 343.985
202405 299.970 314.069 312.115
202408 359.386 314.796 373.073
202411 375.775 315.493 389.225
202502 377.480 319.082 386.593
202505 363.580 321.465 369.597
202508 351.533 323.976 354.581
202511 309.855 324.122 312.401
202602 293.856 326.785 293.856

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 MXN324.76 mean?
Conagra Brands (MEX:CAG) has a Cyclically Adjusted Book per Share of MXN324.76 as of Feb. 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 Conagra Brands and its competitors.
Is Conagra Brands' Cyclically Adjusted Book per Share too high?
Conagra Brands' current Cyclically Adjusted Book per Share is MXN324.76. Overall, Conagra Brands has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Conagra Brands' Cyclically Adjusted Book per Share compare to CPB and PPC?
Conagra Brands' Cyclically Adjusted Book per Share of MXN324.76 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 Conagra Brands and its competitors. Conagra Brands's current Cyclically Adjusted Book per Share is MXN324.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conagra Brands stock overvalued right now?
Based on GuruFocus' analysis, Conagra Brands (MEX:CAG) is currently considered Possible Value Trap. The stock's GF Value™ is MXN421.33, compared to a current price of MXN235.00 — trading 44.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN324.76. Conagra Brands' overall GF Score™ is 37/100 with 3 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 Conagra Brands (MEX:CAG), the current Cyclically Adjusted Book per Share is MXN324.76 as of Feb. 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 Conagra Brands (MEX:CAG) Overvalued in 2026?

Based on GuruFocus' analysis, Conagra Brands stock appears to be undervalued. The current stock price of MXN235.00 is trading 44.2% below its estimated GF Value™ of MXN421.33. GuruFocus considers Conagra Brands to be Possible Value Trap.

Key valuation signals for MEX:CAG:

  • Cyclically Adjusted Book per Share: MXN324.76
  • GF Value™: MXN421.33 vs. price of MXN235.00 (44.2% below fair value)
  • GF Score™: 37/100 with 3 warning signs

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


Conagra Brands Business Description

Address 222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (91% of fiscal 2025 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, and Wish-Bone. The company primarily sells through the US retail channel, with just 9% of fiscal 2025 revenue coming from international markets and 9% from foodservice.
37GF Score

Get the complete analysis for MEX:CAG

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

MXN235.00
Price
MXN421.33
GF Value