Grupo Nutresa (BOG:NUTRESA) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOG:NUTRESA Grupo Nutresa SA BOG:NUTRESA
76 GF Score
Price COP313,740.00
GF Value COP93,792.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Grupo Nutresa Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Nutresa  (BOG:NUTRESA) 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.


Grupo Nutresa Cyclically Adjusted PB Ratio Related Terms


Grupo Nutresa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo Nutresa'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.

Grupo Nutresa Cyclically Adjusted PB Ratio Chart

Grupo Nutresa 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 1.34 1.96 2.08 3.67 13.29

Grupo Nutresa Quarterly Data
Sep21 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 6.00 6.87 13.29 14.25 0.00

BOG:NUTRESA vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Grupo Nutresa'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.


Grupo Nutresa Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


BOG:NUTRESA
76GF Score
Grupo Nutresa SA BOG:NUTRESA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Nutresa 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.

Grupo Nutresa's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Grupo Nutresa'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)
=22163.415/333.9520*333.9520
=22,163.415

Current CPI (Jun. 2026) = 333.9520.

Grupo Nutresa Quarterly Data

Book Value per Share CPI Adj_Book
201609 17,738.833 241.428 24,537.000
201612 18,140.191 241.432 25,091.757
201703 17,983.661 243.801 24,633.531
201706 18,704.292 244.955 25,499.932
201709 19,039.996 246.819 25,761.569
201712 19,359.293 246.524 26,224.930
201803 17,778.548 249.554 23,791.170
201806 18,293.178 251.989 24,243.294
201809 17,630.601 252.439 23,323.553
201812 18,017.884 251.233 23,950.311
201903 18,540.186 254.202 24,356.741
201906 18,411.688 256.143 24,004.638
201909 18,794.396 256.759 24,444.815
201912 18,744.121 256.974 24,359.027
202003 16,744.946 258.115 21,664.794
202006 15,950.483 257.797 20,662.365
202009 17,176.548 260.280 22,038.353
202012 17,816.645 260.474 22,842.603
202103 17,494.090 264.877 22,056.224
202106 16,977.711 271.696 20,867.957
202109 17,478.840 274.310 21,279.186
202112 19,586.723 278.802 23,461.185
202203 19,841.000 287.504 23,046.433
202206 21,298.884 296.311 24,004.525
202209 21,396.194 296.808 24,073.818
202212 23,410.684 296.797 26,341.387
202303 22,743.466 301.836 25,163.420
202306 21,297.200 305.109 23,310.497
202309 20,098.906 307.789 21,807.374
202312 13,910.616 306.746 15,144.380
202403 14,071.136 312.332 15,045.157
202406 15,199.163 314.175 16,155.935
202409 14,789.960 315.301 15,664.831
202412 15,371.860 315.605 16,265.469
202503 15,579.151 319.799 16,268.621
202506 15,469.327 322.561 16,015.615
202509 14,423.833 324.800 14,830.258
202512 11,808.564 324.054 12,169.248
202603 14,066.610 330.213 14,225.886
202606 22,163.415 333.952 22,163.415

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.

Is Grupo Nutresa (BOG:NUTRESA) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Nutresa stock appears to be overvalued. The current stock price of COP313,740.00 is trading 234.5% above its estimated GF Value™ of COP93,792.25. GuruFocus considers Grupo Nutresa to be Significantly Overvalued.

Key valuation signals for BOG:NUTRESA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: COP93,792.25 vs. price of COP313,740.00 (234.5% above fair value)
  • GF Score™: 76/100 with 5 warning signs

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


Grupo Nutresa Business Description

Other Exchanges NUTRESAUS:Chile
Address Medellin, Medellin, COL
Grupo Nutresa SA is a processed food company that operates through eleven business units: Cold Cuts, Biscuits, Chocolates, Tresmontes Lucchetti, Coffee, Retail Food, Ice Cream, Pasta, Third-party distribution network, Food Services, and Other. The company's revenue comes from food products, beverages, and other products. The majority of the company's production and sales take place in Colombia.
76GF Score

Get the complete analysis for BOG:NUTRESA

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

COP313,740.00
Price
COP93,792.25
GF Value