MTY Food Group (FRA:9MF) Cyclically Adjusted PB Ratio: 1.11 (As of Jul. 30, 2026) — 67% Below Median

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FRA:9MF MTY Food Group Inc FRA:9MF
78 GF Score
Price €20.80
GF Value €27.91
Valuation Modestly Undervalued
! 4 Warning Signs
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What is MTY Food Group Cyclically Adjusted PB Ratio?

MTY Food Group FRA:9MF 78 Cyclically Adjusted PB Ratio is 1.11 as of Jul. 30, 2026, which is 67% below its 10-year median of 3.36. GuruFocus rates FRA:9MF with a GF Score™ of 78/100 and a GF Value™ of €27.91 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 255 Restaurants companies, MTY Food Group ranks better than 65.88% on this metric.

As of today (2026-07-30), MTY Food Group's current share price is €20.80. MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €18.77. MTY Food Group's Cyclically Adjusted PB Ratio for today is 1.11.

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

FRA:9MF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 3.36   Max: 9.49
Current: 1.09

During the past years, MTY Food Group's highest Cyclically Adjusted PB Ratio was 9.49. The lowest was 1.09. And the median was 3.36.

FRA:9MF's Cyclically Adjusted PB Ratio is ranked better than
65.88% of 255 companies
in the Restaurants industry
Industry Median: 1.8 vs FRA:9MF: 1.09

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.

MTY Food Group's adjusted book value per share data for the three months ended in May. 2026 was €23.898. 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 €18.77 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTY Food Group  (FRA:9MF) 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.


MTY Food Group Cyclically Adjusted PB Ratio Related Terms


MTY Food Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MTY Food Group'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.

MTY Food Group Cyclically Adjusted PB Ratio Chart

MTY Food Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 3.16 2.30 1.88 1.33

MTY Food Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.59 1.39 1.33 1.42 1.29

FRA:9MF vs MCD, SBUX, YUM: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, MTY Food Group'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.


MTY Food Group Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MTY Food Group's Cyclically Adjusted PB Ratio falls into.


FRA:9MF
78GF Score
MTY Food Group Inc FRA:9MF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTY Food Group 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.

MTY Food Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.80/18.77
=1.11

* 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.

MTY Food Group's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, MTY Food Group's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=23.898/134.0005*134.0005
=23.898

Current CPI (May. 2026) = 134.0005.

MTY Food Group Quarterly Data

Book Value per Share CPI Adj_Book
201608 8.856 101.686 11.670
201611 10.014 101.607 13.207
201702 10.456 102.476 13.673
201705 10.316 103.108 13.407
201708 9.902 103.108 12.869
201711 9.887 103.740 12.771
201802 9.561 104.688 12.238
201805 15.401 105.399 19.580
201808 16.149 106.031 20.409
201811 16.140 105.478 20.504
201902 16.328 106.268 20.589
201905 17.011 107.927 21.121
201908 17.520 108.085 21.721
201911 18.128 107.769 22.540
202002 18.348 108.559 22.648
202005 15.330 107.532 19.103
202008 14.649 108.243 18.135
202011 15.238 108.796 18.768
202102 15.319 109.745 18.705
202105 15.760 111.404 18.957
202108 16.931 112.668 20.137
202111 18.299 113.932 21.522
202202 18.159 115.986 20.979
202205 19.910 120.016 22.230
202208 22.015 120.569 24.468
202211 21.601 121.675 23.789
202302 21.184 122.070 23.254
202305 21.521 124.045 23.248
202308 22.321 125.389 23.854
202311 22.479 125.468 24.008
202402 23.033 125.468 24.599
202405 23.468 127.601 24.645
202408 23.488 127.838 24.620
202411 23.075 127.838 24.187
202502 23.647 128.786 24.604
202505 22.241 129.813 22.958
202508 22.160 130.208 22.805
202511 23.074 130.682 23.660
202602 23.177 131.077 23.694
202605 23.898 134.001 23.898

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 1.11 mean?
MTY Food Group (FRA:9MF) has a Cyclically Adjusted PB Ratio of 1.11 as of Jul. 30, 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 MTY Food Group and its competitors. This is 67% below median its historical median of 3.36. Over the past decade, MTY Food Group's Cyclically Adjusted PB Ratio has ranged from 1.09 to 9.49. According to the industry distribution chart, MTY Food Group ranks #87 out of 255 companies in the Restaurants industry, placing it in the top 34.1%.
Is MTY Food Group's Cyclically Adjusted PB Ratio too high?
MTY Food Group's current Cyclically Adjusted PB Ratio of 1.11 is 67% below median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 9.49. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.80. MTY Food Group's value of 1.11 is 38.3% below this industry median. Based on the distribution chart, MTY Food Group ranks #87 out of 255 companies in the Restaurants industry, which is above the industry midpoint. Overall, MTY Food Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MTY Food Group's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MTY Food Group ranks #87 out of 255 companies for Cyclically Adjusted PB Ratio. This puts MTY Food Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. MTY Food Group's value of 1.11 is 38.3% below this benchmark. Historically, MTY Food Group's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 9.49 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 1.80, MTY Food Group 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.80, based on 255 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. MTY Food Group's current Cyclically Adjusted PB Ratio of 1.11 is 38.3% 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 MTY Food Group and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTY Food Group's current Cyclically Adjusted PB Ratio is 1.11, which is 67% below median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTY Food Group stock overvalued right now?
Based on GuruFocus' analysis, MTY Food Group (FRA:9MF) is currently considered Modestly Undervalued. The stock's GF Value™ is €27.91, compared to a current price of €20.80 — trading 25.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is 67% below median its 10-year median of 3.36 and 38.3% below the Restaurants industry median of 1.80. MTY Food Group's overall GF Score™ is 78/100 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 MTY Food Group (FRA:9MF), the current Cyclically Adjusted PB Ratio is 1.11 as of Jul. 30, 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 MTY Food Group (FRA:9MF) Overvalued in 2026?

Based on GuruFocus' analysis, MTY Food Group stock appears to be undervalued. The current stock price of €20.80 is trading 25.5% below its estimated GF Value™ of €27.91. GuruFocus considers MTY Food Group to be Modestly Undervalued.

Key valuation signals for FRA:9MF:

  • Cyclically Adjusted PB Ratio: 1.11 (67% below median its 10-year median of 3.36)
  • GF Value™: €27.91 vs. price of €20.80 (25.5% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 38.3% below the Restaurants median (#87 of 255)

No single metric tells the full story. See the FRA:9MF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTY Food Group Business Description

Other Exchanges MTYFF:USAMTY:Canada
Address 8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada; and US & International, which earns maximum revenue. The company brands include Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.
78GF Score

Get the complete analysis for FRA:9MF

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

€20.80
Price
€27.91
GF Value