Bakkafrost P/F (FRA:6BF) Cyclically Adjusted PB Ratio: 2.07 (As of Aug. 01, 2026) — 61% Below Median

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FRA:6BF Bakkafrost P/F FRA:6BF
95 GF Score
Price €41.58
GF Value €51.14
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bakkafrost P/F Cyclically Adjusted PB Ratio?

Bakkafrost P/F FRA:6BF +0.58% 95 Cyclically Adjusted PB Ratio is 2.07 as of Aug. 01, 2026, which is 61% below its 10-year median of 5.29. GuruFocus rates FRA:6BF with a GF Score™ of 95/100 and a GF Value™ of €51.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, Bakkafrost P/F ranks worse than 65.52% on this metric.

As of today (2026-08-01), Bakkafrost P/F's current share price is €41.58. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €20.04. Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is 2.07.

The historical rank and industry rank for Bakkafrost P/F's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:6BF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 5.29   Max: 11.13
Current: 1.93

During the past years, Bakkafrost P/F's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 1.79. And the median was 5.29.

FRA:6BF's Cyclically Adjusted PB Ratio is ranked worse than
65.52% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs FRA:6BF: 1.93

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.

Bakkafrost P/F's adjusted book value per share data for the three months ended in Mar. 2026 was €25.603. 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 €20.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bakkafrost P/F  (FRA:6BF) 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.


Bakkafrost P/F Cyclically Adjusted PB Ratio Related Terms


Bakkafrost P/F Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bakkafrost P/F'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.

Bakkafrost P/F Cyclically Adjusted PB Ratio Chart

Bakkafrost P/F 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 5.32 4.48 3.21 3.27 2.35

Bakkafrost P/F 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 2.45 2.18 2.13 2.35 1.98

FRA:6BF vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Bakkafrost P/F'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.


Bakkafrost P/F Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bakkafrost P/F's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bakkafrost P/F's Cyclically Adjusted PB Ratio falls into.


FRA:6BF
95GF Score
Bakkafrost P/F FRA:6BF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bakkafrost P/F 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.

Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.58/20.04
=2.07

* 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.

Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bakkafrost P/F'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)
=25.603/330.2130*330.2130
=25.603

Current CPI (Mar. 2026) = 330.2130.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.281 241.018 9.976
201609 8.267 241.428 11.307
201612 9.805 241.432 13.411
201703 10.017 243.801 13.567
201706 9.937 244.955 13.396
201709 10.103 246.819 13.517
201712 10.008 246.524 13.405
201803 10.728 249.554 14.195
201806 10.261 251.989 13.446
201809 11.229 252.439 14.689
201812 11.215 251.233 14.741
201903 11.792 254.202 15.318
201906 11.215 256.143 14.458
201909 15.074 256.759 19.386
201912 18.854 256.974 24.227
202003 18.404 258.115 23.545
202006 19.468 257.797 24.937
202009 19.951 260.280 25.312
202012 19.873 260.474 25.194
202103 20.899 264.877 26.054
202106 21.389 271.696 25.996
202109 21.681 274.310 26.099
202112 21.278 278.802 25.202
202203 21.502 287.504 24.696
202206 23.371 296.311 26.045
202209 23.911 296.808 26.602
202212 23.637 296.797 26.298
202303 24.738 301.836 27.064
202306 23.307 305.109 25.225
202309 23.734 307.789 25.463
202312 24.614 306.746 26.497
202403 25.626 312.332 27.093
202406 24.201 314.175 25.436
202409 24.102 315.301 25.242
202412 25.260 315.605 26.429
202503 25.152 319.799 25.971
202506 23.585 322.561 24.144
202509 23.623 324.800 24.017
202512 24.934 324.054 25.408
202603 25.603 330.213 25.603

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 2.07 mean?
Bakkafrost P/F (FRA:6BF) has a Cyclically Adjusted PB Ratio of 2.07 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 Bakkafrost P/F and its competitors. This is 61% below median its historical median of 5.29. Over the past decade, Bakkafrost P/F's Cyclically Adjusted PB Ratio has ranged from 1.79 to 11.13. According to the industry distribution chart, Bakkafrost P/F ranks #937 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 65.5%.
Is Bakkafrost P/F's Cyclically Adjusted PB Ratio too high?
Bakkafrost P/F's current Cyclically Adjusted PB Ratio of 2.07 is 61% below median its 10-year median of 5.29. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 11.13. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Bakkafrost P/F's value of 2.07 is 65.6% above this industry median. Based on the distribution chart, Bakkafrost P/F ranks #937 out of 1430 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bakkafrost P/F has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bakkafrost P/F's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Bakkafrost P/F ranks #937 out of 1430 companies for Cyclically Adjusted PB Ratio. This places Bakkafrost P/F in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Bakkafrost P/F's value of 2.07 is 65.6% above this benchmark. Historically, Bakkafrost P/F's own Cyclically Adjusted PB Ratio has ranged from 1.79 to 11.13 over the past decade. While the company's 10-year median is 5.29 vs. the industry median of 1.25, Bakkafrost P/F 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 1.25, 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. Bakkafrost P/F's current Cyclically Adjusted PB Ratio of 2.07 is 65.6% 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 Bakkafrost P/F 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. Bakkafrost P/F's current Cyclically Adjusted PB Ratio is 2.07, which is 61% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bakkafrost P/F stock overvalued right now?
Based on GuruFocus' analysis, Bakkafrost P/F (FRA:6BF) is currently considered Modestly Undervalued. The stock's GF Value™ is €51.14, compared to a current price of €41.58 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.07, which is 61% below median its 10-year median of 5.29 and 65.6% above the Consumer Packaged Goods industry median of 1.25. Bakkafrost P/F's overall GF Score™ is 95/100 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 Bakkafrost P/F (FRA:6BF), the current Cyclically Adjusted PB Ratio is 2.07 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 Bakkafrost P/F (FRA:6BF) Overvalued in 2026?

Based on GuruFocus' analysis, Bakkafrost P/F stock appears to be undervalued. The current stock price of €41.58 is trading 18.7% below its estimated GF Value™ of €51.14. GuruFocus considers Bakkafrost P/F to be Modestly Undervalued.

Key valuation signals for FRA:6BF:

  • Cyclically Adjusted PB Ratio: 2.07 (61% below median its 10-year median of 5.29)
  • GF Value™: €51.14 vs. price of €41.58 (18.7% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 65.6% above the Consumer Packaged Goods median (#937 of 1430)

No single metric tells the full story. See the FRA:6BF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bakkafrost P/F Business Description

Address Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into segments namely, Fishmeal, oil and feed segment, Freshwater Faroe Islands segment, Freshwater Scotland segment, Farming Faroe Islands segment, Farming Scotland segment, services, sales, and others. Geographically, the company derives maximum revenue from Western Europe.
95GF Score

Get the complete analysis for FRA:6BF

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

€41.58
Price
€51.14
GF Value