Bakkafrost P/F (LTS:0MQ2) Cyclically Adjusted PB Ratio: 1.97 (As of Aug. 06, 2026) — 63% Below Median

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LTS:0MQ2 Bakkafrost P/F LTS:0MQ2
84 GF Score
Price kr449.20
GF Value kr565.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bakkafrost P/F Cyclically Adjusted PB Ratio?

Bakkafrost P/F LTS:0MQ2 -0.35% 84 Cyclically Adjusted PB Ratio is 1.97 as of Aug. 06, 2026, which is 63% below its 10-year median of 5.29. GuruFocus rates LTS:0MQ2 with a GF Score™ of 84/100 and a GF Value™ of kr565.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,416 Consumer Packaged Goods companies, Bakkafrost P/F ranks worse than 65.75% on this metric.

As of today (2026-08-06), Bakkafrost P/F's current share price is kr449.20. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr228.52. Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is 1.97.

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

LTS:0MQ2' 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.

LTS:0MQ2's Cyclically Adjusted PB Ratio is ranked worse than
65.75% of 1416 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs LTS:0MQ2: 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 kr285.883. 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 kr228.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bakkafrost P/F  (LTS:0MQ2) 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

LTS:0MQ2 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.


LTS:0MQ2
84GF Score
Bakkafrost P/F LTS:0MQ2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=449.20/228.52
=1.97

* 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)
=285.883/330.2130*330.2130
=285.883

Current CPI (Mar. 2026) = 330.2130.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201606 67.954 241.018 93.102
201609 76.046 241.428 104.012
201612 88.555 241.432 121.119
201703 91.129 243.801 123.428
201706 94.447 244.955 127.320
201709 94.386 246.819 126.277
201712 98.513 246.524 131.956
201803 102.789 249.554 136.012
201806 97.224 251.989 127.405
201809 108.052 252.439 141.342
201812 110.063 251.233 144.663
201903 114.682 254.202 148.974
201906 109.395 256.143 141.029
201909 149.503 256.759 192.273
201912 189.040 256.974 242.917
202003 208.249 258.115 266.418
202006 208.999 257.797 267.707
202009 215.304 260.280 273.153
202012 210.505 260.474 266.865
202103 211.790 264.877 264.031
202106 217.065 271.696 263.816
202109 220.849 274.310 265.857
202112 215.936 278.802 255.755
202203 209.193 287.504 240.269
202206 240.822 296.311 268.375
202209 243.808 296.808 271.248
202212 247.393 296.797 275.247
202303 278.954 301.836 305.180
202306 272.623 305.109 295.054
202309 271.650 307.789 291.441
202312 283.161 306.746 304.824
202403 295.598 312.332 312.521
202406 276.540 314.175 290.657
202409 284.155 315.301 297.594
202412 296.784 315.605 310.521
202503 290.360 319.799 299.815
202506 273.444 322.561 279.931
202509 275.684 324.800 280.278
202512 295.086 324.054 300.694
202603 285.883 330.213 285.883

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 1.97 mean?
Bakkafrost P/F (LTS:0MQ2) has a Cyclically Adjusted PB Ratio of 1.97 as of Aug. 06, 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 63% 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 #931 out of 1416 companies in the Consumer Packaged Goods industry, placing it in the top 65.7%.
Is Bakkafrost P/F's Cyclically Adjusted PB Ratio too high?
Bakkafrost P/F's current Cyclically Adjusted PB Ratio of 1.97 is 63% 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 1.97 is 57.6% above this industry median. Based on the distribution chart, Bakkafrost P/F ranks #931 out of 1416 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bakkafrost P/F has a GF Score™ of 84/100 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 #931 out of 1416 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 1.97 is 57.6% 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 1,416 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 1.97 is 57.6% 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 1.97, which is 63% 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 (LTS:0MQ2) is currently considered Modestly Undervalued. The stock's GF Value™ is kr565.40, compared to a current price of kr449.20 — trading 20.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.97, which is 63% below median its 10-year median of 5.29 and 57.6% above the Consumer Packaged Goods industry median of 1.25. Bakkafrost P/F's overall GF Score™ is 84/100 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 (LTS:0MQ2), the current Cyclically Adjusted PB Ratio is 1.97 as of Aug. 06, 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 (LTS:0MQ2) Overvalued in 2026?

Based on GuruFocus' analysis, Bakkafrost P/F stock appears to be undervalued. The current stock price of kr449.20 is trading 20.6% below its estimated GF Value™ of kr565.40. GuruFocus considers Bakkafrost P/F to be Modestly Undervalued.

Key valuation signals for LTS:0MQ2:

  • Cyclically Adjusted PB Ratio: 1.97 (63% below median its 10-year median of 5.29)
  • GF Value™: kr565.40 vs. price of kr449.20 (20.6% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 57.6% above the Consumer Packaged Goods median (#931 of 1416)

No single metric tells the full story. See the LTS:0MQ2 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.
84GF Score

Get the complete analysis for LTS:0MQ2

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

kr449.20
Price
kr565.40
GF Value