BKFKF (Bakkafrost P/F) Cyclically Adjusted PB Ratio: 1.97 (As of Aug. 03, 2026) — 63% Below Median

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BKFKF Bakkafrost P/F BKFKF
88 GF Score
Price $46.78
GF Value $59.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bakkafrost P/F Cyclically Adjusted PB Ratio?

Bakkafrost P/F BKFKF 88 Cyclically Adjusted PB Ratio is 1.97 as of Aug. 03, 2026, which is 63% below its 10-year median of 5.29. GuruFocus rates BKFKF with a GF Score™ of 88/100 and a GF Value™ of $59.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,425 Consumer Packaged Goods companies, Bakkafrost P/F ranks worse than 65.75% on this metric.

As of today (2026-08-03), Bakkafrost P/F's current share price is $46.78. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $23.70. Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is 1.97.

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: 1.79   Med: 5.29   Max: 11.13
Current: 1.93

During the past years, Bakkafrost P/F's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 1.79. And the median was 5.29.

BKFKF's Cyclically Adjusted PB Ratio is ranked worse than
65.75% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 1.24 vs BKFKF: 1.93

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 Mar. 2026 was $29.599. 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 $23.70 for the trailing ten years ended in Mar. 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 5.32 4.48 3.21 3.27 2.35

Bakkafrost P/F 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 2.45 2.18 2.13 2.35 1.98

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
88GF 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
=46.78/23.70
=1.97

* 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 Mar. 2026 is calculated as:

For example, Bakkafrost P/F'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)
=29.599/330.2130*330.2130
=29.599

Current CPI (Mar. 2026) = 330.2130.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.181 241.018 11.209
201609 9.279 241.428 12.691
201612 10.343 241.432 14.146
201703 10.713 243.801 14.510
201706 11.165 244.955 15.051
201709 12.042 246.819 16.111
201712 11.844 246.524 15.865
201803 13.229 249.554 17.505
201806 11.988 251.989 15.709
201809 13.103 252.439 17.140
201812 12.759 251.233 16.770
201903 13.324 254.202 17.308
201906 12.672 256.143 16.336
201909 16.602 256.759 21.352
201912 20.949 256.974 26.920
202003 20.336 258.115 26.016
202006 21.924 257.797 28.083
202009 23.499 260.280 29.813
202012 24.176 260.474 30.649
202103 24.879 264.877 31.016
202106 25.770 271.696 31.320
202109 25.507 274.310 30.705
202112 24.043 278.802 28.477
202203 23.680 287.504 27.198
202206 24.705 296.311 27.532
202209 23.675 296.808 26.340
202212 25.040 296.797 27.859
202303 26.486 301.836 28.976
202306 25.251 305.109 27.329
202309 25.329 307.789 27.174
202312 26.841 306.746 28.894
202403 27.855 312.332 29.450
202406 26.051 314.175 27.381
202409 26.750 315.301 28.015
202412 26.450 315.605 27.674
202503 27.192 319.799 28.077
202506 27.203 322.561 27.848
202509 27.726 324.800 28.188
202512 29.196 324.054 29.751
202603 29.599 330.213 29.599

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 1.97 mean?
Bakkafrost P/F (BKFKF) has a Cyclically Adjusted PB Ratio of 1.97 as of Aug. 03, 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 63% below median its historical median of 5.29. Over the past decade, Bakkafrost P/F's Cyclically Adjusted PB Ratio has ranged from 1.79 to 11.13. According to the industry distribution chart, Bakkafrost P/F ranks #937 out of 1425 companies in the Consumer Packaged Goods industry, placing it in the top 65.8%.
Is Bakkafrost P/F's Cyclically Adjusted PB Ratio too high?
Bakkafrost P/F's current Cyclically Adjusted PB Ratio of 1.97 is 63% below median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 11.13. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.24. Bakkafrost P/F's value of 1.97 is 58.9% above this industry median. Based on the distribution chart, Bakkafrost P/F ranks #937 out of 1425 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bakkafrost P/F has a GF Score™ of 88/100 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 #937 out of 1425 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 1.24. Bakkafrost P/F's value of 1.97 is 58.9% above this benchmark. Historically, Bakkafrost P/F's own Cyclically Adjusted PB Ratio has ranged from 1.79 to 11.13 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 1.24, 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 1.24, based on 1,425 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 1.97 is 58.9% 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 1.24 — 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 1.97, which is 63% below median its own 10-year median of 5.29. 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 $59.28, compared to a current price of $46.78 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.97, which is 63% below median its 10-year median of 5.29 and 58.9% above the Consumer Packaged Goods industry median of 1.24. Bakkafrost P/F's overall GF Score™ is 88/100 with 5 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 1.97 as of Aug. 03, 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 $46.78 is trading 21.1% below its estimated GF Value™ of $59.28. GuruFocus considers Bakkafrost P/F to be Modestly Undervalued.

Key valuation signals for BKFKF:

  • Cyclically Adjusted PB Ratio: 1.97 (63% below median its 10-year median of 5.29)
  • GF Value™: $59.28 vs. price of $46.78 (21.1% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 58.9% above the Consumer Packaged Goods median (#937 of 1425)

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.
88GF 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.

$46.78
Price
$59.28
GF Value