MDRNF (Modern Plant Based Foods) Cyclically Adjusted PB Ratio: (As of Jul. 11, 2026)


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:MDRNF) 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

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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 0.98 0.29 0.23 0.00 0.00

Modern Plant Based Foods Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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

MDRNF 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.



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 Feb. 2026 is calculated as:

For example, Modern Plant Based Foods's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=-0.104/131.0772*131.0772
=-0.104

Current CPI (Feb. 2026) = 131.0772.

Modern Plant Based Foods Quarterly Data

Book Value per Share CPI Adj_Book
201604 -8.713 101.370 -11.266
201607 -8.438 101.844 -10.860
201610 -10.563 102.002 -13.574
201701 -4.000 102.318 -5.124
201704 -1.395 103.029 -1.775
201707 -1.698 103.029 -2.160
201710 -1.024 103.424 -1.298
201801 0.458 104.056 0.577
201804 0.075 105.320 0.093
201807 0.356 106.110 0.440
201810 0.293 105.952 0.362
201901 0.256 105.557 0.318
201904 0.229 107.453 0.279
201907 0.197 108.243 0.239
201910 0.223 107.927 0.271
202001 0.131 108.085 0.159
202004 0.075 107.216 0.092
202008 0.659 108.243 0.798
202011 0.517 108.796 0.623
202102 0.534 109.745 0.638
202105 0.609 111.404 0.717
202108 0.435 112.668 0.506
202111 0.353 113.932 0.406
202202 0.177 115.986 0.200
202205 1.194 120.016 1.304
202208 0.017 120.569 0.018
202211 -0.049 121.675 -0.053
202302 -0.043 122.070 -0.046
202305 -0.062 124.045 -0.066
202308 -0.085 125.389 -0.089
202311 -0.095 125.468 -0.099
202402 -0.105 125.468 -0.110
202405 -0.131 127.601 -0.135
202408 -0.145 127.838 -0.149
202411 -0.084 127.838 -0.086
202502 -0.087 128.786 -0.089
202505 -0.084 129.813 -0.085
202508 -0.102 130.208 -0.103
202511 -0.095 130.682 -0.095
202602 -0.104 131.077 -0.104

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.


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.