MDRND (Modern Plant Based Foods) Cyclically Adjusted PB Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MDRND Modern Plant Based Foods Inc MDRND
16 GF Score
Price $0.14
GF Value $0.50
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Modern Plant Based Foods Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Modern Plant Based Foods  (OTCPK:MDRND) 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.


Modern Plant Based Foods Cyclically Adjusted PB Ratio Related Terms


Modern Plant Based Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Modern Plant Based 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.

Modern Plant Based Foods Cyclically Adjusted PB Ratio Chart

Modern Plant Based Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.28 0.23 0.00 0.00

Modern Plant Based Foods 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 0.00 0.00 0.00 0.00 0.00

MDRND vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Modern Plant Based 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.


Modern Plant Based Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


MDRND
16GF Score
Modern Plant Based Foods Inc MDRND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Plant Based 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.

Modern Plant Based Foods's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Modern Plant Based Foods'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)
=-0.221/134.0005*134.0005
=-0.221

Current CPI (May. 2026) = 134.0005.

Modern Plant Based Foods Quarterly Data

Book Value per Share CPI Adj_Book
201607 -16.875 101.844 -22.203
201610 -21.125 102.002 -27.752
201701 -8.000 102.318 -10.477
201704 -2.791 103.029 -3.630
201707 -3.395 103.029 -4.416
201710 -2.047 103.424 -2.652
201801 0.916 104.056 1.180
201804 0.150 105.320 0.191
201807 0.713 106.110 0.900
201810 0.587 105.952 0.742
201901 0.513 105.557 0.651
201904 0.459 107.453 0.572
201907 0.394 108.243 0.488
201910 0.446 107.927 0.554
202001 0.261 108.085 0.324
202004 0.150 107.216 0.187
202008 1.317 108.243 1.630
202011 1.035 108.796 1.275
202102 1.068 109.745 1.304
202105 1.217 111.404 1.464
202108 0.870 112.668 1.035
202111 0.706 113.932 0.830
202202 0.354 115.986 0.409
202205 2.388 120.016 2.666
202208 0.034 120.569 0.038
202211 -0.099 121.675 -0.109
202302 -0.086 122.070 -0.094
202305 -0.124 124.045 -0.134
202308 -0.169 125.389 -0.181
202311 -0.191 125.468 -0.204
202402 -0.210 125.468 -0.224
202405 -0.262 127.601 -0.275
202408 -0.289 127.838 -0.303
202411 -0.167 127.838 -0.175
202502 -0.173 128.786 -0.180
202505 -0.168 129.813 -0.173
202508 -0.205 130.208 -0.211
202511 -0.190 130.682 -0.195
202602 -0.208 131.077 -0.213
202605 -0.221 134.001 -0.221

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 Modern Plant Based Foods (MDRND) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Plant Based Foods stock appears to be undervalued. The current stock price of $0.14 is trading 71.2% below its estimated GF Value™ of $0.50. GuruFocus considers Modern Plant Based Foods to be Modestly Overvalued.

Key valuation signals for MDRND:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.50 vs. price of $0.14 (71.2% below fair value)
  • GF Score™: 16/100 with 6 warning signs

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


Modern Plant Based Foods Business Description

Other Exchanges L3O0:GermanyMEAT:Canada
Address 700 West Georgia Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
16GF Score

Get the complete analysis for MDRND

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

$0.14
Price
$0.50
GF Value