The Kraft Heinz Co (BSP:KHCB34) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 01, 2026) — 38% Below Median

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BSP:KHCB34 The Kraft Heinz Co BSP:KHCB34
62 GF Score
Price R$33.03
GF Value R$39.01
Valuation Modestly Undervalued
! 5 Warning Signs
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What is The Kraft Heinz Co Cyclically Adjusted PB Ratio?

The Kraft Heinz Co BSP:KHCB34 -1.31% 62 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 01, 2026, which is 38% below its 10-year median of 0.81. GuruFocus rates BSP:KHCB34 with a GF Score™ of 62/100 and a GF Value™ of R$39.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, The Kraft Heinz Co ranks better than 80.63% on this metric.

As of today (2026-08-01), The Kraft Heinz Co's current share price is R$33.03. The Kraft Heinz Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$65.75. The Kraft Heinz Co's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for The Kraft Heinz Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:KHCB34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.81   Max: 1.28
Current: 0.51

During the past years, The Kraft Heinz Co's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.42. And the median was 0.81.

BSP:KHCB34's Cyclically Adjusted PB Ratio is ranked better than
80.63% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs BSP:KHCB34: 0.51

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.

The Kraft Heinz Co's adjusted book value per share data for the three months ended in Mar. 2026 was R$46.214. 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 R$65.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kraft Heinz Co  (BSP:KHCB34) 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.


The Kraft Heinz Co Cyclically Adjusted PB Ratio Related Terms


The Kraft Heinz Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Kraft Heinz Co'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.

The Kraft Heinz Co Cyclically Adjusted PB Ratio Chart

The Kraft Heinz Co 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 0.98 1.00 0.82 0.62 0.48

The Kraft Heinz Co 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 0.60 0.50 0.50 0.48 0.44

BSP:KHCB34 vs GIS, HRL, MKC: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, The Kraft Heinz Co'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.


The Kraft Heinz Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Kraft Heinz Co's Cyclically Adjusted PB Ratio falls into.


BSP:KHCB34
62GF Score
The Kraft Heinz Co BSP:KHCB34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Kraft Heinz Co 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.

The Kraft Heinz Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.03/65.75
=0.50

* 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.

The Kraft Heinz Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, The Kraft Heinz Co'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)
=46.214/330.2130*330.2130
=46.214

Current CPI (Mar. 2026) = 330.2130.

The Kraft Heinz Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 40.654 241.018 55.699
201609 25.903 241.428 35.429
201612 39.536 241.432 54.074
201703 37.074 243.801 50.214
201706 39.450 244.955 53.181
201709 37.780 246.819 50.545
201712 44.508 246.524 59.617
201803 44.550 249.554 58.949
201806 50.793 251.989 66.560
201809 55.096 252.439 72.071
201812 41.108 251.233 54.031
201903 40.692 254.202 52.860
201906 40.724 256.143 52.500
201909 43.585 256.759 56.054
201912 43.384 256.974 55.749
202003 50.990 258.115 65.233
202006 52.011 257.797 66.621
202009 54.329 260.280 68.926
202012 52.707 260.474 66.819
202103 57.921 264.877 72.208
202106 51.392 271.696 62.461
202109 53.875 274.310 64.854
202112 56.939 278.802 67.439
202203 50.418 287.504 57.908
202206 50.267 296.311 56.018
202209 51.440 296.808 57.229
202212 52.112 296.797 57.979
202303 52.164 301.836 57.068
202306 49.223 305.109 53.273
202309 49.584 307.789 53.196
202312 49.809 306.746 53.620
202403 50.785 312.332 53.692
202406 54.457 314.175 57.237
202409 55.338 315.301 57.955
202412 62.778 315.605 65.684
202503 59.831 319.799 61.779
202506 48.430 322.561 49.579
202509 46.953 324.800 47.736
202512 48.009 324.054 48.921
202603 46.214 330.213 46.214

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 0.50 mean?
The Kraft Heinz Co (BSP:KHCB34) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 01, 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 The Kraft Heinz Co and its competitors. This is 38% below median its historical median of 0.81. Over the past decade, The Kraft Heinz Co's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.28. According to the industry distribution chart, The Kraft Heinz Co ranks #277 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 19.4%.
Is The Kraft Heinz Co's Cyclically Adjusted PB Ratio too high?
The Kraft Heinz Co's current Cyclically Adjusted PB Ratio of 0.50 is 38% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.28. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. The Kraft Heinz Co's value of 0.50 is 60% below this industry median. Based on the distribution chart, The Kraft Heinz Co ranks #277 out of 1430 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, The Kraft Heinz Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kraft Heinz Co's Cyclically Adjusted PB Ratio compare to GIS and HRL?
According to the Consumer Packaged Goods industry distribution chart, The Kraft Heinz Co ranks #277 out of 1430 companies for Cyclically Adjusted PB Ratio. This places The Kraft Heinz Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. The Kraft Heinz Co's value of 0.50 is 60% below this benchmark. Historically, The Kraft Heinz Co's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.28 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.25, The Kraft Heinz Co has consistently been below 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 1,430 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. The Kraft Heinz Co's current Cyclically Adjusted PB Ratio of 0.50 is 60% below 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 The Kraft Heinz Co 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. The Kraft Heinz Co's current Cyclically Adjusted PB Ratio is 0.50, which is 38% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kraft Heinz Co stock overvalued right now?
Based on GuruFocus' analysis, The Kraft Heinz Co (BSP:KHCB34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$39.01, compared to a current price of R$33.03 — trading 15.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 38% below median its 10-year median of 0.81 and 60% below the Consumer Packaged Goods industry median of 1.25. The Kraft Heinz Co's overall GF Score™ is 62/100 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 The Kraft Heinz Co (BSP:KHCB34), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 01, 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 The Kraft Heinz Co (BSP:KHCB34) Overvalued in 2026?

Based on GuruFocus' analysis, The Kraft Heinz Co stock appears to be undervalued. The current stock price of R$33.03 is trading 15.3% below its estimated GF Value™ of R$39.01. GuruFocus considers The Kraft Heinz Co to be Modestly Undervalued.

Key valuation signals for BSP:KHCB34:

  • Cyclically Adjusted PB Ratio: 0.50 (38% below median its 10-year median of 0.81)
  • GF Value™: R$39.01 vs. price of R$33.03 (15.3% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 60% below the Consumer Packaged Goods median (#277 of 1430)

No single metric tells the full story. See the BSP:KHCB34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Kraft Heinz Co Business Description

Address One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create one of North America's largest food and beverage manufacturers. Beyond its namesake brands, its portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing foodservice presence. Outside North America, Kraft Heinz's global reach encompasses a distribution network in Europe and emerging markets, which accounts for around 25% of its consolidated sales base. The company's products are sold in more than 190 countries and territories.
62GF Score

Get the complete analysis for BSP:KHCB34

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

R$33.03
Price
R$39.01
GF Value