JM Smucker Co (BSP:S1JM34) Cyclically Adjusted PB Ratio: 1.57 (As of Aug. 10, 2026) — 15% Below Median

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BSP:S1JM34 JM Smucker Co BSP:S1JM34
63 GF Score
Price R$310.43
GF Value R$282.02
Valuation Fairly Valued
! 6 Warning Signs
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What is JM Smucker Co Cyclically Adjusted PB Ratio?

JM Smucker Co BSP:S1JM34 63 Cyclically Adjusted PB Ratio is 1.57 as of Aug. 10, 2026, which is 15% below its 10-year median of 1.84. GuruFocus rates BSP:S1JM34 with a GF Score™ of 63/100 and a GF Value™ of R$282.02 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, JM Smucker Co ranks worse than 54.87% on this metric.

As of today (2026-08-10), JM Smucker Co's current share price is R$310.43. JM Smucker Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was R$197.82. JM Smucker Co's Cyclically Adjusted PB Ratio for today is 1.57.

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

BSP:S1JM34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.84   Max: 3.22
Current: 1.45

During the past years, JM Smucker Co's highest Cyclically Adjusted PB Ratio was 3.22. The lowest was 1.12. And the median was 1.84.

BSP:S1JM34's Cyclically Adjusted PB Ratio is ranked worse than
54.87% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs BSP:S1JM34: 1.45

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.

JM Smucker Co's adjusted book value per share data for the three months ended in Apr. 2026 was R$130.819. 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$197.82 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JM Smucker Co  (BSP:S1JM34) 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.


JM Smucker Co Cyclically Adjusted PB Ratio Related Terms


JM Smucker Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JM Smucker 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.

JM Smucker Co Cyclically Adjusted PB Ratio Chart

JM Smucker Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.98 1.42 1.41 1.19

JM Smucker Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.41 1.30 1.26 1.29 1.19

BSP:S1JM34 vs JBS, MKC, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, JM Smucker 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.


JM Smucker Co Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


BSP:S1JM34
63GF Score
JM Smucker Co BSP:S1JM34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JM Smucker 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.

JM Smucker Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=310.43/197.82
=1.57

* 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.

JM Smucker Co's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, JM Smucker Co's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=130.819/333.0200*333.0200
=130.819

Current CPI (Apr. 2026) = 333.0200.

JM Smucker Co Quarterly Data

Book Value per Share CPI Adj_Book
201607 99.900 240.628 138.258
201610 98.215 241.729 135.307
201701 99.200 242.839 136.039
201704 94.776 244.524 129.077
201707 97.614 244.786 132.799
201710 98.865 246.663 133.478
201801 110.313 247.867 148.210
201804 118.426 250.546 157.409
201807 133.182 252.006 175.997
201810 132.696 252.885 174.745
201901 131.659 251.712 174.187
201904 136.555 255.548 177.953
201907 132.648 256.571 172.172
201910 144.876 257.346 187.478
202001 148.704 257.971 191.965
202004 190.895 256.389 247.951
202007 192.850 259.101 247.868
202010 209.901 260.388 268.450
202101 200.722 261.582 255.539
202104 208.806 267.054 260.384
202107 194.572 273.003 237.347
202110 211.808 276.589 255.022
202201 210.673 281.148 249.542
202204 181.779 289.109 209.388
202207 205.067 296.276 230.499
202210 202.430 298.012 226.210
202301 202.988 299.170 225.955
202304 175.341 303.363 192.482
202307 164.589 305.691 179.303
202310 175.424 307.671 189.877
202401 175.094 308.417 189.062
202404 185.837 313.548 197.378
202407 202.392 314.540 214.283
202410 201.837 315.664 212.935
202501 195.076 317.671 204.502
202504 165.475 320.795 171.781
202507 153.670 323.048 158.414
202510 152.881 0.000
202601 130.822 325.252 133.946
202604 130.819 333.020 130.819

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 1.57 mean?
JM Smucker Co (BSP:S1JM34) has a Cyclically Adjusted PB Ratio of 1.57 as of Aug. 10, 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 JM Smucker Co and its competitors. This is 15% below median its historical median of 1.84. Over the past decade, JM Smucker Co's Cyclically Adjusted PB Ratio has ranged from 1.12 to 3.22. According to the industry distribution chart, JM Smucker Co ranks #772 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 54.9%.
Is JM Smucker Co's Cyclically Adjusted PB Ratio too high?
JM Smucker Co's current Cyclically Adjusted PB Ratio of 1.57 is 15% below median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 3.22. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. JM Smucker Co's value of 1.57 is 24.6% above this industry median. Based on the distribution chart, JM Smucker Co ranks #772 out of 1407 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, JM Smucker Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Smucker Co's Cyclically Adjusted PB Ratio compare to JBS and MKC?
According to the Consumer Packaged Goods industry distribution chart, JM Smucker Co ranks #772 out of 1407 companies for Cyclically Adjusted PB Ratio. This places JM Smucker Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. JM Smucker Co's value of 1.57 is 24.6% above this benchmark. Historically, JM Smucker Co's own Cyclically Adjusted PB Ratio has ranged from 1.12 to 3.22 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.26, JM Smucker Co 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 1.26, based on 1,407 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. JM Smucker Co's current Cyclically Adjusted PB Ratio of 1.57 is 24.6% 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 JM Smucker Co and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JM Smucker Co's current Cyclically Adjusted PB Ratio is 1.57, which is 15% below median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Smucker Co stock overvalued right now?
Based on GuruFocus' analysis, JM Smucker Co (BSP:S1JM34) is currently considered Fairly Valued. The stock's GF Value™ is R$282.02, compared to a current price of R$310.43 — trading 10.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 15% below median its 10-year median of 1.84 and 24.6% above the Consumer Packaged Goods industry median of 1.26. JM Smucker Co's overall GF Score™ is 63/100 with 6 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 JM Smucker Co (BSP:S1JM34), the current Cyclically Adjusted PB Ratio is 1.57 as of Aug. 10, 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 JM Smucker Co (BSP:S1JM34) Overvalued in 2026?

Based on GuruFocus' analysis, JM Smucker Co stock appears to be overvalued. The current stock price of R$310.43 is trading 10.1% above its estimated GF Value™ of R$282.02. GuruFocus considers JM Smucker Co to be Fairly Valued.

Key valuation signals for BSP:S1JM34:

  • Cyclically Adjusted PB Ratio: 1.57 (15% below median its 10-year median of 1.84)
  • GF Value™: R$282.02 vs. price of R$310.43 (10.1% above fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 24.6% above the Consumer Packaged Goods median (#772 of 1407)

No single metric tells the full story. See the BSP:S1JM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JM Smucker Co Business Description

Address One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the US retail channel (73% of fiscal 2025 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of sweet baked snacks (through the Hostess acquisition) and international (primarily Canada). Retail coffee is its largest category (32% of sales) with brands Folgers and Dunkin'. Pet foods (19% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from frozen handhelds and spreads, through brands Jif, Smucker's, and Uncrustables. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
63GF Score

Get the complete analysis for BSP:S1JM34

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

R$310.43
Price
R$282.02
GF Value