Lifeway Foods (FRA:LWF) Cyclically Adjusted PB Ratio: 7.61 (As of Jul. 26, 2026) — 246% Above Median

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FRA:LWF Lifeway Foods Inc FRA:LWF
85 GF Score
Price €26.40
GF Value €22.61
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Lifeway Foods Cyclically Adjusted PB Ratio?

Lifeway Foods FRA:LWF 85 Cyclically Adjusted PB Ratio is 7.61 as of Jul. 26, 2026, which is 246% above its 10-year median of 2.20. GuruFocus rates FRA:LWF with a GF Score™ of 85/100 and a GF Value™ of €22.61 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,440 Consumer Packaged Goods companies, Lifeway Foods ranks worse than 94.1% on this metric.

As of today (2026-07-26), Lifeway Foods's current share price is €26.40. Lifeway Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.47. Lifeway Foods's Cyclically Adjusted PB Ratio for today is 7.61.

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

FRA:LWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.2   Max: 8.59
Current: 7.42

During the past years, Lifeway Foods's highest Cyclically Adjusted PB Ratio was 8.59. The lowest was 0.60. And the median was 2.20.

FRA:LWF's Cyclically Adjusted PB Ratio is ranked worse than
94.1% of 1440 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs FRA:LWF: 7.42

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.

Lifeway Foods's adjusted book value per share data for the three months ended in Mar. 2026 was €5.112. 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 €3.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lifeway Foods  (FRA:LWF) 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.


Lifeway Foods Cyclically Adjusted PB Ratio Related Terms


Lifeway Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lifeway 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.

Lifeway Foods Cyclically Adjusted PB Ratio Chart

Lifeway 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 1.45 1.63 3.79 6.63 6.07

Lifeway 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 6.40 6.34 7.02 6.07 4.70

FRA:LWF vs USNA, NATR, ENHA: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Lifeway 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.


Lifeway Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


FRA:LWF
85GF Score
Lifeway Foods Inc FRA:LWF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lifeway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.40/3.47
=7.61

* 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.

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

For example, Lifeway 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)
=5.112/330.2130*330.2130
=5.112

Current CPI (Mar. 2026) = 330.2130.

Lifeway Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.630 241.018 3.603
201609 2.632 241.428 3.600
201612 2.838 241.432 3.882
201703 2.808 243.801 3.803
201706 2.730 244.955 3.680
201709 2.544 246.819 3.404
201712 2.459 246.524 3.294
201803 2.333 249.554 3.087
201806 2.469 251.989 3.235
201809 2.445 252.439 3.198
201812 2.357 251.233 3.098
201903 2.383 254.202 3.096
201906 2.372 256.143 3.058
201909 2.436 256.759 3.133
201912 2.478 256.974 3.184
202003 2.534 258.115 3.242
202006 2.542 257.797 3.256
202009 2.530 260.280 3.210
202012 2.468 260.474 3.129
202103 2.596 264.877 3.236
202106 2.652 271.696 3.223
202109 2.702 274.310 3.253
202112 2.817 278.802 3.336
202203 2.844 287.504 3.266
202206 3.001 296.311 3.344
202209 3.292 296.808 3.663
202212 3.066 296.797 3.411
202303 3.109 301.836 3.401
202306 3.286 305.109 3.556
202309 3.570 307.789 3.830
202312 3.772 306.746 4.061
202403 3.979 312.332 4.207
202406 4.271 314.175 4.489
202409 4.349 315.301 4.555
202412 4.548 315.605 4.759
202503 4.513 319.799 4.660
202506 4.483 322.561 4.589
202509 4.630 324.800 4.707
202512 4.812 324.054 4.903
202603 5.112 330.213 5.112

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 7.61 mean?
Lifeway Foods (FRA:LWF) has a Cyclically Adjusted PB Ratio of 7.61 as of Jul. 26, 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 Lifeway Foods and its competitors. This is 246% above median its historical median of 2.20. Over the past decade, Lifeway Foods' Cyclically Adjusted PB Ratio has ranged from 0.60 to 8.59. According to the industry distribution chart, Lifeway Foods ranks #1355 out of 1440 companies in the Consumer Packaged Goods industry, placing it in the top 94.1%.
Is Lifeway Foods' Cyclically Adjusted PB Ratio too high?
Lifeway Foods' current Cyclically Adjusted PB Ratio of 7.61 is 246% above median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 8.59. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Lifeway Foods' value of 7.61 is 508.8% above this industry median. Based on the distribution chart, Lifeway Foods ranks #1355 out of 1440 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Lifeway Foods has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lifeway Foods' Cyclically Adjusted PB Ratio compare to USNA and NATR?
According to the Consumer Packaged Goods industry distribution chart, Lifeway Foods ranks #1355 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Lifeway Foods in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Lifeway Foods' value of 7.61 is 508.8% above this benchmark. Historically, Lifeway Foods' own Cyclically Adjusted PB Ratio has ranged from 0.60 to 8.59 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.25, Lifeway Foods 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 1,440 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. Lifeway Foods's current Cyclically Adjusted PB Ratio of 7.61 is 508.8% 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 Lifeway Foods 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. Lifeway Foods's current Cyclically Adjusted PB Ratio is 7.61, which is 246% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lifeway Foods stock overvalued right now?
Based on GuruFocus' analysis, Lifeway Foods (FRA:LWF) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.61, compared to a current price of €26.40 — trading 16.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.61, which is 246% above median its 10-year median of 2.20 and 508.8% above the Consumer Packaged Goods industry median of 1.25. Lifeway Foods' overall GF Score™ is 85/100 with 1 warning sign 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 Lifeway Foods (FRA:LWF), the current Cyclically Adjusted PB Ratio is 7.61 as of Jul. 26, 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 Lifeway Foods (FRA:LWF) Overvalued in 2026?

Based on GuruFocus' analysis, Lifeway Foods stock appears to be overvalued. The current stock price of €26.40 is trading 16.8% above its estimated GF Value™ of €22.61. GuruFocus considers Lifeway Foods to be Modestly Overvalued.

Key valuation signals for FRA:LWF:

  • Cyclically Adjusted PB Ratio: 7.61 (246% above median its 10-year median of 2.20)
  • GF Value™: €22.61 vs. price of €26.40 (16.8% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 508.8% above the Consumer Packaged Goods median (#1355 of 1440)

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


Lifeway Foods Business Description

Other Exchanges LWAY:USA
Address 6431 West Oakton Street, Morton Grove, IL, USA, 60053
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir, which is a cultured dairy product. Its product categories are Drinkable Kefir, which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir, and Other dairy. The company manufactures and markets products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products through a direct sales force, brokers, and distributors.
85GF Score

Get the complete analysis for FRA:LWF

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

€26.40
Price
€22.61
GF Value