Village Farms International (HAM:02V) Cyclically Adjusted PB Ratio: 0.84 (As of Sep. 22, 2026) — 21% Below Median

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HAM:02V Village Farms International Inc HAM:02V
47 GF Score
Price €2.47
GF Value €1.09
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Village Farms International Cyclically Adjusted PB Ratio?

Village Farms International HAM:02V -1.61% 47 Cyclically Adjusted PB Ratio is 0.84 as of Sep. 22, 2026, which is 21% below its 10-year median of 1.07. GuruFocus rates HAM:02V with a GF Score™ of 47/100 and a GF Value™ of €1.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,268 Consumer Packaged Goods companies, Village Farms International ranks better than 63.56% on this metric.

As of today (2026-09-22), Village Farms International's current share price is €2.47. Village Farms International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.95. Village Farms International's Cyclically Adjusted PB Ratio for today is 0.84.

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

HAM:02V' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.07   Max: 7.72
Current: 0.89

During the past years, Village Farms International's highest Cyclically Adjusted PB Ratio was 7.72. The lowest was 0.16. And the median was 1.07.

HAM:02V's Cyclically Adjusted PB Ratio is ranked better than
63.56% of 1268 companies
in the Consumer Packaged Goods industry
Industry Median: 1.245 vs HAM:02V: 0.89

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.

Village Farms International's adjusted book value per share data for the three months ended in Jun. 2026 was €2.287. 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 €2.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Village Farms International  (HAM:02V) 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.


Village Farms International Cyclically Adjusted PB Ratio Related Terms


Village Farms International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Village Farms International'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.

Village Farms International Cyclically Adjusted PB Ratio Chart

Village Farms International 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 2.78 0.50 0.27 0.28 1.10

Village Farms International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.32 0.93 1.08 0.82 0.60

HAM:02V vs ALCO, AFRI, LMNR: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Village Farms International'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.


Village Farms International Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Village Farms International's Cyclically Adjusted PB Ratio falls into.


HAM:02V
47GF Score
Village Farms International Inc HAM:02V
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Village Farms International 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.

Village Farms International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.47/2.946
=0.84

* 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.

Village Farms International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Village Farms International's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.287/333.9520*333.9520
=2.287

Current CPI (Jun. 2026) = 333.9520.

Village Farms International Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.393 241.428 1.927
201612 1.643 241.432 2.273
201703 1.617 243.801 2.215
201706 1.577 244.955 2.150
201709 1.531 246.819 2.071
201712 1.598 246.524 2.165
201803 1.530 249.554 2.047
201806 1.647 251.989 2.183
201809 1.622 252.439 2.146
201812 1.550 251.233 2.060
201903 2.028 254.202 2.664
201906 2.390 256.143 3.116
201909 2.415 256.759 3.141
201912 2.139 256.974 2.780
202003 2.242 258.115 2.901
202006 2.190 257.797 2.837
202009 2.412 260.280 3.095
202012 2.507 260.474 3.214
202103 3.635 264.877 4.583
202106 3.578 271.696 4.398
202109 3.856 274.310 4.694
202112 4.234 278.802 5.072
202203 4.291 287.504 4.984
202206 4.110 296.311 4.632
202209 4.118 296.808 4.633
202212 3.267 296.797 3.676
202303 2.833 301.836 3.134
202306 2.850 305.109 3.119
202309 2.882 307.789 3.127
202312 2.594 306.746 2.824
202403 2.624 312.332 2.806
202406 2.389 314.175 2.539
202409 2.273 315.301 2.407
202412 2.269 315.605 2.401
202503 2.126 319.799 2.220
202506 2.225 322.561 2.304
202509 2.260 324.800 2.324
202512 2.281 324.054 2.351
202603 2.312 330.213 2.338
202606 2.287 333.952 2.287

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 0.84 mean?
Village Farms International (HAM:02V) has a Cyclically Adjusted PB Ratio of 0.84 as of Sep. 22, 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 Village Farms International and its competitors. This is 21% below median its historical median of 1.07. Over the past decade, Village Farms International's Cyclically Adjusted PB Ratio has ranged from 0.16 to 7.72. According to the industry distribution chart, Village Farms International ranks #462 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 36.4%.
Is Village Farms International's Cyclically Adjusted PB Ratio too high?
Village Farms International's current Cyclically Adjusted PB Ratio of 0.84 is 21% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 7.72. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Village Farms International's value of 0.84 is 32.5% below this industry median. Based on the distribution chart, Village Farms International ranks #462 out of 1268 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Village Farms International has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Village Farms International's Cyclically Adjusted PB Ratio compare to ALCO and AFRI?
According to the Consumer Packaged Goods industry distribution chart, Village Farms International ranks #462 out of 1268 companies for Cyclically Adjusted PB Ratio. This puts Village Farms International in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Village Farms International's value of 0.84 is 32.5% below this benchmark. Historically, Village Farms International's own Cyclically Adjusted PB Ratio has ranged from 0.16 to 7.72 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.25, Village Farms International 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 1.25, based on 1,268 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. Village Farms International's current Cyclically Adjusted PB Ratio of 0.84 is 32.5% 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 Village Farms International 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. Village Farms International's current Cyclically Adjusted PB Ratio is 0.84, which is 21% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Village Farms International stock overvalued right now?
Based on GuruFocus' analysis, Village Farms International (HAM:02V) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.09, compared to a current price of €2.47 — trading 126.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is 21% below median its 10-year median of 1.07 and 32.5% below the Consumer Packaged Goods industry median of 1.25. Village Farms International's overall GF Score™ is 47/100 with 3 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 Village Farms International (HAM:02V), the current Cyclically Adjusted PB Ratio is 0.84 as of Sep. 22, 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 Village Farms International (HAM:02V) Overvalued in 2026?

Based on GuruFocus' analysis, Village Farms International stock appears to be overvalued. The current stock price of €2.47 is trading 126.6% above its estimated GF Value™ of €1.09. GuruFocus considers Village Farms International to be Significantly Overvalued.

Key valuation signals for HAM:02V:

  • Cyclically Adjusted PB Ratio: 0.84 (21% below median its 10-year median of 1.07)
  • GF Value™: €1.09 vs. price of €2.47 (126.6% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 32.5% below the Consumer Packaged Goods median (#462 of 1268)

No single metric tells the full story. See the HAM:02V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Village Farms International Business Description

Other Exchanges VFF:USA02V:Germany
Address 90 Colonial Parkway, Lake Mary, FL, USA, 32746
Village Farms International Inc owns and operates intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells tomatoes, bell peppers and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to other licensed providers and provincial governments across Canada and internationally. The Company's wholly owned subsidiary, Balanced Health, develops and sells, cannabidiol (CBD) based products including ingestible, edible and topical applications. The operating segments of the Company are VF Fresh (Produce), Cannabis Canada, Cannabis U.S., Clean Energy, and Cannabis - Netherlands. The company makes majority of its revenue from the Cannabis Canada segment.
47GF Score

Get the complete analysis for HAM:02V

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

€2.47
Price
€1.09
GF Value