Nomad Foods (FRA:0NH) Cyclically Adjusted PB Ratio: 0.65 (As of Jul. 24, 2026) — 34% Below Median

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FRA:0NH Nomad Foods Ltd FRA:0NH
65 GF Score
Price €10.20
GF Value €18.04
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Nomad Foods Cyclically Adjusted PB Ratio?

Nomad Foods FRA:0NH -1.92% 65 Cyclically Adjusted PB Ratio is 0.65 as of Jul. 24, 2026, which is 34% below its 10-year median of 0.98. GuruFocus rates FRA:0NH with a GF Score™ of 65/100 and a GF Value™ of €18.04 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,439 Consumer Packaged Goods companies, Nomad Foods ranks better than 75.61% on this metric.

As of today (2026-07-24), Nomad Foods's current share price is €10.20. Nomad Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.68. Nomad Foods's Cyclically Adjusted PB Ratio for today is 0.65.

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

FRA:0NH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.98   Max: 1.28
Current: 0.64

During the past years, Nomad Foods's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.52. And the median was 0.98.

FRA:0NH's Cyclically Adjusted PB Ratio is ranked better than
75.61% of 1439 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs FRA:0NH: 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.

Nomad Foods's adjusted book value per share data for the three months ended in Mar. 2026 was €17.872. 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 €15.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nomad Foods  (FRA:0NH) 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.


Nomad Foods Cyclically Adjusted PB Ratio Related Terms


Nomad Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nomad Foods'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.

Nomad Foods Cyclically Adjusted PB Ratio Chart

Nomad Foods 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 0.00 0.00 0.00 1.00 0.69

Nomad Foods 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 1.14 0.97 0.74 0.69 0.53

FRA:0NH vs JJSF, FLO, BRBR: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Nomad Foods'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.


Nomad Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FRA:0NH
65GF Score
Nomad Foods Ltd FRA:0NH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nomad Foods 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.

Nomad Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.20/15.68
=0.65

* 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.

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

For example, Nomad Foods'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)
=17.872/140.8000*140.8000
=17.872

Current CPI (Mar. 2026) = 140.8000.

Nomad Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.374 101.000 14.462
201609 10.319 101.500 14.314
201612 10.363 102.200 14.277
201703 10.594 102.700 14.524
201706 10.747 103.500 14.620
201709 10.905 104.300 14.721
201712 11.107 105.000 14.894
201803 10.920 105.100 14.629
201806 11.199 105.900 14.890
201809 11.415 106.600 15.077
201812 11.722 107.100 15.410
201903 12.486 107.000 16.430
201906 12.596 107.900 16.437
201909 12.730 108.400 16.535
201912 13.048 108.500 16.932
202003 12.608 108.600 16.346
202006 12.980 108.800 16.798
202009 12.578 109.200 16.218
202012 12.241 109.400 15.754
202103 12.258 109.700 15.733
202106 12.601 111.400 15.927
202109 12.982 112.400 16.262
202112 13.133 114.700 16.121
202203 13.537 116.500 16.361
202206 14.310 120.500 16.721
202209 14.956 122.300 17.218
202212 14.974 125.300 16.826
202303 15.153 126.800 16.826
202306 15.449 129.400 16.810
202309 15.931 130.100 17.241
202312 15.885 130.500 17.139
202403 16.096 131.600 17.221
202406 16.433 133.000 17.397
202409 16.653 133.500 17.564
202412 17.057 135.100 17.777
202503 17.030 136.100 17.618
202506 17.064 138.400 17.360
202509 17.418 138.900 17.656
202512 17.530 139.900 17.643
202603 17.872 140.800 17.872

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 0.65 mean?
Nomad Foods (FRA:0NH) has a Cyclically Adjusted PB Ratio of 0.65 as of Jul. 24, 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 Nomad Foods and its competitors. This is 34% below median its historical median of 0.98. Over the past decade, Nomad Foods' Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.28. According to the industry distribution chart, Nomad Foods ranks #351 out of 1439 companies in the Consumer Packaged Goods industry, placing it in the top 24.4%.
Is Nomad Foods' Cyclically Adjusted PB Ratio too high?
Nomad Foods' current Cyclically Adjusted PB Ratio of 0.65 is 34% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.28. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Nomad Foods' value of 0.65 is 48.8% below this industry median. Based on the distribution chart, Nomad Foods ranks #351 out of 1439 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nomad Foods has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nomad Foods' Cyclically Adjusted PB Ratio compare to JJSF and FLO?
According to the Consumer Packaged Goods industry distribution chart, Nomad Foods ranks #351 out of 1439 companies for Cyclically Adjusted PB Ratio. This places Nomad Foods in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Nomad Foods' value of 0.65 is 48.8% below this benchmark. Historically, Nomad Foods' own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.28 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.27, Nomad Foods 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 1.27, based on 1,439 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. Nomad Foods's current Cyclically Adjusted PB Ratio of 0.65 is 48.8% 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 Nomad Foods and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomad Foods's current Cyclically Adjusted PB Ratio is 0.65, which is 34% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomad Foods stock overvalued right now?
Based on GuruFocus' analysis, Nomad Foods (FRA:0NH) is currently considered Possible Value Trap. The stock's GF Value™ is €18.04, compared to a current price of €10.20 — trading 43.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.65, which is 34% below median its 10-year median of 0.98 and 48.8% below the Consumer Packaged Goods industry median of 1.27. Nomad Foods' overall GF Score™ is 65/100 with 4 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 Nomad Foods (FRA:0NH), the current Cyclically Adjusted PB Ratio is 0.65 as of Jul. 24, 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 Nomad Foods (FRA:0NH) Overvalued in 2026?

Based on GuruFocus' analysis, Nomad Foods stock appears to be undervalued. The current stock price of €10.20 is trading 43.5% below its estimated GF Value™ of €18.04. GuruFocus considers Nomad Foods to be Possible Value Trap.

Key valuation signals for FRA:0NH:

  • Cyclically Adjusted PB Ratio: 0.65 (34% below median its 10-year median of 0.98)
  • GF Value™: €18.04 vs. price of €10.20 (43.5% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 48.8% below the Consumer Packaged Goods median (#351 of 1439)

No single metric tells the full story. See the FRA:0NH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomad Foods Business Description

Other Exchanges NOMD:USANOMDN:Mexico
Address 43 Church Street West, Woking, GBR, GU21 6HT
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distributing branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, Ice Cream, and ready meals like pizza. It sells its products through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.
65GF Score

Get the complete analysis for FRA:0NH

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

€10.20
Price
€18.04
GF Value