The Mosaic Co (BSP:MOSC34) Cyclically Adjusted PB Ratio: 0.62 (As of Jul. 16, 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:MOSC34 The Mosaic Co BSP:MOSC34
57 GF Score
Price R$19.57
GF Value R$24.96
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is The Mosaic Co Cyclically Adjusted PB Ratio?

The Mosaic Co BSP:MOSC34 +0.57% 57 Cyclically Adjusted PB Ratio is 0.62 as of Jul. 16, 2026, which is 36% below its 10-year median of 0.97. GuruFocus rates BSP:MOSC34 with a GF Score™ of 57/100 and a GF Value™ of R$24.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 200 Agriculture companies, The Mosaic Co ranks better than 81.5% on this metric.

As of today (2026-07-16), The Mosaic Co's current share price is R$19.57. The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$31.36. The Mosaic Co's Cyclically Adjusted PB Ratio for today is 0.62.

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

BSP:MOSC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.97   Max: 2.36
Current: 0.64

During the past years, The Mosaic Co's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 0.33. And the median was 0.97.

BSP:MOSC34's Cyclically Adjusted PB Ratio is ranked better than
81.5% of 200 companies
in the Agriculture industry
Industry Median: 1.39 vs BSP:MOSC34: 0.64

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 Mosaic Co's adjusted book value per share data for the three months ended in Mar. 2026 was R$32.369. 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$31.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Mosaic Co  (BSP:MOSC34) 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 Mosaic Co Cyclically Adjusted PB Ratio Related Terms


The Mosaic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Mosaic 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 Mosaic Co Cyclically Adjusted PB Ratio Chart

The Mosaic 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 1.25 1.33 1.06 0.71 0.68

The Mosaic 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 0.77 1.03 0.97 0.68 0.70

BSP:MOSC34 vs SMG, FMC, UAN: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, The Mosaic 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 Mosaic Co Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Mosaic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:MOSC34
57GF Score
The Mosaic Co BSP:MOSC34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.57/31.36
=0.62

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

For example, The Mosaic 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)
=32.369/330.2130*330.2130
=32.369

Current CPI (Mar. 2026) = 330.2130.

The Mosaic Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.236 241.018 22.245
201609 15.229 241.428 20.829
201612 14.582 241.432 19.944
201703 14.288 243.801 19.352
201706 15.264 244.955 20.577
201709 15.042 246.819 20.124
201712 15.045 246.524 20.152
201803 14.825 249.554 19.617
201806 16.626 251.989 21.787
201809 18.549 252.439 24.264
201812 17.458 251.233 22.946
201903 17.590 254.202 22.850
201906 17.442 256.143 22.486
201909 18.247 256.759 23.467
201912 16.590 256.974 21.318
202003 18.019 258.115 23.052
202006 19.373 257.797 24.815
202009 20.258 260.280 25.701
202012 21.672 260.474 27.474
202103 23.806 264.877 29.678
202106 22.807 271.696 27.719
202109 24.174 274.310 29.101
202112 27.104 278.802 32.102
202203 26.665 287.504 30.626
202206 28.082 296.311 31.295
202209 29.728 296.808 33.074
202212 31.081 296.797 34.580
202303 31.090 301.836 34.013
202306 30.205 305.109 32.690
202309 30.209 307.789 32.410
202312 30.967 306.746 33.336
202403 31.038 312.332 32.815
202406 32.804 314.175 34.479
202409 34.287 315.301 35.909
202412 36.840 315.605 38.545
202503 35.609 319.799 36.769
202506 36.225 322.561 37.084
202509 35.991 324.800 36.591
202512 34.620 324.054 35.278
202603 32.369 330.213 32.369

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 0.62 mean?
The Mosaic Co (BSP:MOSC34) has a Cyclically Adjusted PB Ratio of 0.62 as of Jul. 16, 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 Mosaic Co and its competitors. This is 36% below median its historical median of 0.97. Over the past decade, The Mosaic Co's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.36. According to the industry distribution chart, The Mosaic Co ranks #37 out of 200 companies in the Agriculture industry, placing it in the top 18.5%.
Is The Mosaic Co's Cyclically Adjusted PB Ratio too high?
The Mosaic Co's current Cyclically Adjusted PB Ratio of 0.62 is 36% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.36. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.39. The Mosaic Co's value of 0.62 is 55.4% below this industry median. Based on the distribution chart, The Mosaic Co ranks #37 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, The Mosaic Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Mosaic Co's Cyclically Adjusted PB Ratio compare to SMG and FMC?
According to the Agriculture industry distribution chart, The Mosaic Co ranks #37 out of 200 companies for Cyclically Adjusted PB Ratio. This places The Mosaic Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.39. The Mosaic Co's value of 0.62 is 55.4% below this benchmark. Historically, The Mosaic Co's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.36 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.39, The Mosaic 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.39, based on 200 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 Mosaic Co's current Cyclically Adjusted PB Ratio of 0.62 is 55.4% 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 Mosaic Co and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Mosaic Co's current Cyclically Adjusted PB Ratio is 0.62, which is 36% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mosaic Co stock overvalued right now?
Based on GuruFocus' analysis, The Mosaic Co (BSP:MOSC34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$24.96, compared to a current price of R$19.57 — trading 21.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 36% below median its 10-year median of 0.97 and 55.4% below the Agriculture industry median of 1.39. The Mosaic Co's overall GF Score™ is 57/100 with 7 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 Mosaic Co (BSP:MOSC34), the current Cyclically Adjusted PB Ratio is 0.62 as of Jul. 16, 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 Mosaic Co (BSP:MOSC34) Overvalued in 2026?

Based on GuruFocus' analysis, The Mosaic Co stock appears to be undervalued. The current stock price of R$19.57 is trading 21.6% below its estimated GF Value™ of R$24.96. GuruFocus considers The Mosaic Co to be Modestly Undervalued.

Key valuation signals for BSP:MOSC34:

  • Cyclically Adjusted PB Ratio: 0.62 (36% below median its 10-year median of 0.97)
  • GF Value™: R$24.96 vs. price of R$19.57 (21.6% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 55.4% below the Agriculture median (#37 of 200)

No single metric tells the full story. See the BSP:MOSC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Mosaic Co Business Description

Address 101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in the US and potash mines in Canada. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosaic Fertilizantes business.
57GF Score

Get the complete analysis for BSP:MOSC34

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

R$19.57
Price
R$24.96
GF Value