AMNF (Armanino Foods of Distinction) Cyclically Adjusted PB Ratio: 11.91 (As of Jul. 06, 2026) — 37% Above Median


AMNF Armanino Foods of Distinction Inc AMNF
72 GF Score
Price $10.24
GF Value $8.74
Valuation Modestly Overvalued
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What is Armanino Foods of Distinction Cyclically Adjusted PB Ratio?

Armanino Foods of Distinction AMNF -1.54% 72 Cyclically Adjusted PB Ratio is 11.91 as of Jul. 06, 2026, which is 37% above its 10-year median of 8.72. GuruFocus rates AMNF with a GF Score™ of 72/100 and a GF Value™ of $8.74 (Modestly Overvalued). Among 1,442 Consumer Packaged Goods companies, Armanino Foods of Distinction ranks worse than 96.05% on this metric.

As of today (2026-07-06), Armanino Foods of Distinction's current share price is $10.24. Armanino Foods of Distinction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.86. Armanino Foods of Distinction's Cyclically Adjusted PB Ratio for today is 11.91.

The historical rank and industry rank for Armanino Foods of Distinction's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.19   Med: 8.72   Max: 14.51
Current: 11.85

During the past years, Armanino Foods of Distinction's highest Cyclically Adjusted PB Ratio was 14.51. The lowest was 5.19. And the median was 8.72.

AMNF's Cyclically Adjusted PB Ratio is ranked worse than
96.05% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.255 vs AMNF: 11.85

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.

Armanino Foods of Distinction's adjusted book value per share data for the three months ended in Mar. 2026 was $1.498. 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 $0.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Armanino Foods of Distinction  (OTCPK:AMNF) 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.


Armanino Foods of Distinction Cyclically Adjusted PB Ratio Related Terms


Armanino Foods of Distinction Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Armanino Foods of Distinction'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.

Armanino Foods of Distinction Cyclically Adjusted PB Ratio Chart

Armanino Foods of Distinction 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 7.00 6.43 7.65 11.07 13.07

Armanino Foods of Distinction 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 10.49 10.48 12.89 13.07 12.15

AMNF vs PRE, BGS, BYND: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Armanino Foods of Distinction'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.


Armanino Foods of Distinction Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Armanino Foods of Distinction's Cyclically Adjusted PB Ratio falls into.


AMNF
72GF Score
Armanino Foods of Distinction Inc AMNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Armanino Foods of Distinction 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.

Armanino Foods of Distinction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.24/0.86
=11.91

* 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.

Armanino Foods of Distinction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Armanino Foods of Distinction'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)
=1.498/330.2130*330.2130
=1.498

Current CPI (Mar. 2026) = 330.2130.

Armanino Foods of Distinction Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.359 241.018 0.492
201609 0.375 241.428 0.513
201612 0.383 241.432 0.524
201703 0.398 243.801 0.539
201706 0.418 244.955 0.563
201709 0.439 246.819 0.587
201712 0.462 246.524 0.619
201803 0.480 249.554 0.635
201806 0.518 251.989 0.679
201809 0.551 252.439 0.721
201812 0.567 251.233 0.745
201903 0.585 254.202 0.760
201906 0.626 256.143 0.807
201909 0.648 256.759 0.833
201912 0.667 256.974 0.857
202003 0.674 258.115 0.862
202006 0.635 257.797 0.813
202009 0.640 260.280 0.812
202012 0.651 260.474 0.825
202103 0.663 264.877 0.827
202106 0.677 271.696 0.823
202109 0.696 274.310 0.838
202112 0.724 278.802 0.858
202203 0.740 287.504 0.850
202206 0.777 296.311 0.866
202209 0.795 296.808 0.884
202212 0.810 296.797 0.901
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.904 307.789 0.970
202312 0.951 306.746 1.024
202403 0.887 312.332 0.938
202406 0.970 314.175 1.020
202409 1.052 315.301 1.102
202412 1.134 315.605 1.186
202503 1.132 319.799 1.169
202506 1.165 322.561 1.193
202509 1.266 324.800 1.287
202512 1.388 324.054 1.414
202603 1.498 330.213 1.498

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 11.91 mean?
Armanino Foods of Distinction (AMNF) has a Cyclically Adjusted PB Ratio of 11.91 as of Jul. 06, 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 Armanino Foods of Distinction and its competitors. This is 37% above median its historical median of 8.72. Over the past decade, Armanino Foods of Distinction's Cyclically Adjusted PB Ratio has ranged from 5.19 to 14.51. According to the industry distribution chart, Armanino Foods of Distinction ranks #1385 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 96%.
Is Armanino Foods of Distinction's Cyclically Adjusted PB Ratio too high?
Armanino Foods of Distinction's current Cyclically Adjusted PB Ratio of 11.91 is 37% above median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 5.19 to a high of 14.51. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Armanino Foods of Distinction's value of 11.91 is 849% above this industry median. Based on the distribution chart, Armanino Foods of Distinction ranks #1385 out of 1442 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Armanino Foods of Distinction has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armanino Foods of Distinction's Cyclically Adjusted PB Ratio compare to PRE and BGS?
According to the Consumer Packaged Goods industry distribution chart, Armanino Foods of Distinction ranks #1385 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Armanino Foods of Distinction in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Armanino Foods of Distinction's value of 11.91 is 849% above this benchmark. Historically, Armanino Foods of Distinction's own Cyclically Adjusted PB Ratio has ranged from 5.19 to 14.51 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 1.26, Armanino Foods of Distinction 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,442 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. Armanino Foods of Distinction's current Cyclically Adjusted PB Ratio of 11.91 is 849% 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 Armanino Foods of Distinction and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armanino Foods of Distinction's current Cyclically Adjusted PB Ratio is 11.91, which is 37% above median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armanino Foods of Distinction stock overvalued right now?
Based on GuruFocus' analysis, Armanino Foods of Distinction (AMNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.74, compared to a current price of $10.24 — trading 17.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.91, which is 37% above median its 10-year median of 8.72 and 849% above the Consumer Packaged Goods industry median of 1.26. Armanino Foods of Distinction's overall GF Score™ is 72/100. 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 Armanino Foods of Distinction (AMNF), the current Cyclically Adjusted PB Ratio is 11.91 as of Jul. 06, 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 Armanino Foods of Distinction (AMNF) Overvalued in 2026?

Based on GuruFocus' analysis, Armanino Foods of Distinction stock appears to be overvalued. The current stock price of $10.24 is trading 17.2% above its estimated GF Value™ of $8.74. GuruFocus considers Armanino Foods of Distinction to be Modestly Overvalued.

Key valuation signals for AMNF:

  • Cyclically Adjusted PB Ratio: 11.91 (37% above median its 10-year median of 8.72)
  • GF Value™: $8.74 vs. price of $10.24 (17.2% above fair value)
  • GF Score™: 72/100
  • Industry Position: 849% above the Consumer Packaged Goods median (#1385 of 1442)

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


Armanino Foods of Distinction Business Description

Address 5976 West Las Positas Boulevard, Suite 200, Pleasanton, CA, USA, 94588
Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale frozen and refrigerated food products, including pesto and other sauces, stuffed pasta products and cooked meat products. The company's line of frozen products includes a wide variety of sauces, stuffed pastas and pasta sheets, as well as value-added specialty Italian pastas and cooked meat products. It produces a variety of premium, globally-inspired pesto and sauces including Basil Pesto, Roasted Red Bell Pepper Pesto, Southwest Chipotle Pesto, Roasted Garlic Pesto and Chimichurri sauce, all of which are packaged under the Armanino label.
72GF Score

Get the complete analysis for AMNF

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

$10.24
Price
$8.74
GF Value