ForFarmers NV (LTS:0RHZ) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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LTS:0RHZ ForFarmers NV LTS:0RHZ
71 GF Score
Price €5.92
GF Value €4.09
Valuation Significantly Overvalued
! 1 Warning Sign
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What is ForFarmers NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ForFarmers NV  (LTS:0RHZ) 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.


ForFarmers NV Cyclically Adjusted PB Ratio Related Terms


ForFarmers NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ForFarmers NV'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.

ForFarmers NV Cyclically Adjusted PB Ratio Chart

ForFarmers NV 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 0.95 0.64 0.52 0.71 0.91

ForFarmers NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.57 0.71 0.83 0.93 1.29

LTS:0RHZ vs KHC, GIS, MKC: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, ForFarmers NV'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.


ForFarmers NV Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


LTS:0RHZ
71GF Score
ForFarmers NV LTS:0RHZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ForFarmers NV 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.

ForFarmers NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, ForFarmers NV's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.952/135.4700*135.4700
=4.952

Current CPI (Dec25) = 135.4700.

ForFarmers NV Annual Data

Book Value per Share CPI Adj_Book
201612 4.040 100.710 5.434
201712 4.067 101.970 5.403
201812 4.400 103.970 5.733
201912 4.283 106.800 5.433
202012 3.808 107.850 4.783
202112 3.925 114.010 4.664
202212 3.851 124.940 4.176
202312 3.609 126.450 3.866
202412 3.810 131.630 3.921
202512 4.952 135.470 4.952

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.

Is ForFarmers NV (LTS:0RHZ) Overvalued in 2026?

Based on GuruFocus' analysis, ForFarmers NV stock appears to be overvalued. The current stock price of €5.92 is trading 44.6% above its estimated GF Value™ of €4.09. GuruFocus considers ForFarmers NV to be Significantly Overvalued.

Key valuation signals for LTS:0RHZ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €4.09 vs. price of €5.92 (44.6% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the LTS:0RHZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ForFarmers NV Business Description

Address Kwinkweerd 12, Lochem, NLD, 7241 CW
ForFarmers NV is an animal nutrition company. Its core business is the supply of high-quality feed solutions at competitive prices for livestock farming. The Company provides compound feed, specialties, feed additives, and co-products, supported by formulation, nutrition, innovation, procurement, feed milling, logistics, and delivery, and on-farm advisory services. Feed solutions are offered for ruminants, pigs, poultry, and horses, with activities also including organic feed through Reudink and residual flows through Van Triest CirQlar. The Company operates across the Netherlands, Germany, the United Kingdom, Poland, Belgium, and other countries, with the majority of its revenue generated in the Netherlands.
71GF Score

Get the complete analysis for LTS:0RHZ

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

€5.92
Price
€4.09
GF Value