BKFKF (Bakkafrost P/F) Cyclically Adjusted PB Ratio: 2.05 (As of Sep. 17, 2026) — 61% Below Median

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BKFKF Bakkafrost P/F BKFKF
91 GF Score
Price $49.45
GF Value $56.24
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bakkafrost P/F Cyclically Adjusted PB Ratio?

Bakkafrost P/F BKFKF 91 Cyclically Adjusted PB Ratio is 2.05 as of Sep. 17, 2026, which is 61% below its 10-year median of 5.27. GuruFocus rates BKFKF with a GF Score™ of 91/100 and a GF Value™ of $56.24 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,268 Consumer Packaged Goods companies, Bakkafrost P/F ranks worse than 65.3% on this metric.

As of today (2026-09-17), Bakkafrost P/F's current share price is $49.45086. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $24.14. Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is 2.05.

The historical rank and industry rank for Bakkafrost P/F's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKFKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.74   Med: 5.27   Max: 11.13
Current: 1.9

During the past years, Bakkafrost P/F's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 1.74. And the median was 5.27.

BKFKF's Cyclically Adjusted PB Ratio is ranked worse than
65.3% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs BKFKF: 1.90

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.

Bakkafrost P/F's adjusted book value per share data for the three months ended in Jun. 2026 was $28.281. 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 $24.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bakkafrost P/F  (OTCPK:BKFKF) 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.


Bakkafrost P/F Cyclically Adjusted PB Ratio Related Terms


Bakkafrost P/F Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bakkafrost P/F'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.

Bakkafrost P/F Cyclically Adjusted PB Ratio Chart

Bakkafrost P/F 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 4.61 3.64 2.66 2.46 2.14

Bakkafrost P/F Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.18 2.19 2.32 2.00 1.73

BKFKF vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Bakkafrost P/F'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.


Bakkafrost P/F Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bakkafrost P/F's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bakkafrost P/F's Cyclically Adjusted PB Ratio falls into.


BKFKF
91GF Score
Bakkafrost P/F BKFKF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bakkafrost P/F 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.

Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.45086/24.144
=2.05

* 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.

Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bakkafrost P/F's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=28.281/333.9520*333.9520
=28.281

Current CPI (Jun. 2026) = 333.9520.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.039 241.018 11.139
201609 9.245 241.428 12.788
201612 10.347 241.432 14.312
201703 10.664 243.801 14.607
201706 11.283 244.955 15.382
201709 11.956 246.819 16.177
201712 12.012 246.524 16.272
201803 13.187 249.554 17.647
201806 11.989 251.989 15.889
201809 13.057 252.439 17.273
201812 12.818 251.233 17.038
201903 13.241 254.202 17.395
201906 12.788 256.143 16.673
201909 16.493 256.759 21.452
201912 21.582 256.974 28.047
202003 20.212 258.115 26.151
202006 21.866 257.797 28.325
202009 23.338 260.280 29.944
202012 24.303 260.474 31.159
202103 24.570 264.877 30.977
202106 25.378 271.696 31.193
202112 0.000 278.802 0.000
202203 23.930 287.504 27.796
202206 24.460 296.311 27.567
202209 23.456 296.808 26.391
202212 25.245 296.797 28.405
202303 26.861 301.836 29.719
202306 25.447 305.109 27.853
202309 25.151 307.789 27.289
202312 27.193 306.746 29.605
202403 27.680 312.332 29.596
202406 26.036 314.175 27.675
202409 26.900 315.301 28.491
202412 26.138 315.605 27.657
202503 27.141 319.799 28.342
202506 27.623 322.561 28.598
202509 27.691 324.800 28.471
202512 29.288 324.054 30.183
202603 29.512 330.213 29.846
202606 28.281 333.952 28.281

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 2.05 mean?
Bakkafrost P/F (BKFKF) has a Cyclically Adjusted PB Ratio of 2.05 as of Sep. 17, 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 Bakkafrost P/F and its competitors. This is 61% below median its historical median of 5.27. Over the past decade, Bakkafrost P/F's Cyclically Adjusted PB Ratio has ranged from 1.74 to 11.13. According to the industry distribution chart, Bakkafrost P/F ranks #828 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 65.3%.
Is Bakkafrost P/F's Cyclically Adjusted PB Ratio too high?
Bakkafrost P/F's current Cyclically Adjusted PB Ratio of 2.05 is 61% below median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 11.13. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Bakkafrost P/F's value of 2.05 is 64.7% above this industry median. Based on the distribution chart, Bakkafrost P/F ranks #828 out of 1268 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bakkafrost P/F has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bakkafrost P/F's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Bakkafrost P/F ranks #828 out of 1268 companies for Cyclically Adjusted PB Ratio. This places Bakkafrost P/F in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Bakkafrost P/F's value of 2.05 is 64.7% above this benchmark. Historically, Bakkafrost P/F's own Cyclically Adjusted PB Ratio has ranged from 1.74 to 11.13 over the past decade. While the company's 10-year median is 5.27 vs. the industry median of 1.25, Bakkafrost P/F 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 1.25, based on 1,268 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. Bakkafrost P/F's current Cyclically Adjusted PB Ratio of 2.05 is 64.7% 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 Bakkafrost P/F and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bakkafrost P/F's current Cyclically Adjusted PB Ratio is 2.05, which is 61% below median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bakkafrost P/F stock overvalued right now?
Based on GuruFocus' analysis, Bakkafrost P/F (BKFKF) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.24, compared to a current price of $49.45 — trading 12.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.05, which is 61% below median its 10-year median of 5.27 and 64.7% above the Consumer Packaged Goods industry median of 1.25. Bakkafrost P/F's overall GF Score™ is 91/100 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 Bakkafrost P/F (BKFKF), the current Cyclically Adjusted PB Ratio is 2.05 as of Sep. 17, 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 Bakkafrost P/F (BKFKF) Overvalued in 2026?

Based on GuruFocus' analysis, Bakkafrost P/F stock appears to be undervalued. The current stock price of $49.45 is trading 12.1% below its estimated GF Value™ of $56.24. GuruFocus considers Bakkafrost P/F to be Modestly Undervalued.

Key valuation signals for BKFKF:

  • Cyclically Adjusted PB Ratio: 2.05 (61% below median its 10-year median of 5.27)
  • GF Value™: $56.24 vs. price of $49.45 (12.1% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 64.7% above the Consumer Packaged Goods median (#828 of 1268)

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


Bakkafrost P/F Business Description

Address Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into segments namely, Fishmeal, oil and feed segment, Freshwater Faroe Islands segment, Freshwater Scotland segment, Farming Faroe Islands segment, Farming Scotland segment, services, sales, and others. Geographically, the company derives maximum revenue from Western Europe.
91GF Score

Get the complete analysis for BKFKF

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

$49.45
Price
$56.24
GF Value