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National BeverageMEX:FIZZ 70 Cyclically Adjusted PB Ratio is 7.10 as of Aug. 27, 2026, which is 50% below its 10-year median of 14.32. GuruFocus rates MEX:FIZZ with a GF Score™ of 70/100 and a GF Value™ of MXN1,527.11. The stock has 1 warning sign investors should review. Among 85 Beverages - Non-Alcoholic companies, National Beverage ranks worse than 85.88% on this metric.
The historical rank and industry rank for National Beverage's Cyclically Adjusted PB Ratio or its related term are showing as below:
MEX:FIZZ'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.37 Med: 14.32 Max: 36.7
Current: 6.93
During the past years, National Beverage's highest Cyclically Adjusted PB Ratio was 36.70. The lowest was 6.37. And the median was 14.32.
MEX:FIZZ's Cyclically Adjusted PB Ratio is ranked worse than 85.88% of 85
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.32
vs MEX:FIZZ: 6.93
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.
National Beverage's adjusted book value per share data for the three months ended in Apr. 2026 was MXN118.923. 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 MXN157.05 for the trailing ten years ended in Apr. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
National Beverage (MEX:FIZZ) 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.
National Beverage Cyclically Adjusted PB Ratio Related Terms
National Beverage Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for National Beverage'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.
National Beverage Cyclically Adjusted PB Ratio Chart
MEX:FIZZ vs COCO, SUJA, BUDA: Cyclically Adjusted PB Ratio Comparison
For the Beverages - Non-Alcoholic subindustry, National Beverage'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.
National Beverage Cyclically Adjusted PB Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where National Beverage's Cyclically Adjusted PB Ratio falls into.
National Beverage 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.
National Beverage's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 7.10 mean?
National Beverage (MEX:FIZZ) has a Cyclically Adjusted PB Ratio of 7.10 as of Aug. 27, 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 National Beverage and its competitors. This is 50% below median its historical median of 14.32. Over the past decade, National Beverage's Cyclically Adjusted PB Ratio has ranged from 6.37 to 36.70. According to the industry distribution chart, National Beverage ranks #73 out of 85 companies in the Beverages - Non-Alcoholic industry, placing it in the top 85.9%.
Is National Beverage's Cyclically Adjusted PB Ratio too high?
National Beverage's current Cyclically Adjusted PB Ratio of 7.10 is 50% below median its 10-year median of 14.32. Over the past 10 years, this metric has ranged from a low of 6.37 to a high of 36.70. The Beverages - Non-Alcoholic industry median Cyclically Adjusted PB Ratio is 2.32. National Beverage's value of 7.10 is 206% above this industry median. Based on the distribution chart, National Beverage ranks #73 out of 85 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, National Beverage has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's Cyclically Adjusted PB Ratio compare to COCO and SUJA?
According to the Beverages - Non-Alcoholic industry distribution chart, National Beverage ranks #73 out of 85 companies for Cyclically Adjusted PB Ratio. This places National Beverage in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. National Beverage's value of 7.10 is 206% above this benchmark. Historically, National Beverage's own Cyclically Adjusted PB Ratio has ranged from 6.37 to 36.70 over the past decade. While the company's 10-year median is 14.32 vs. the industry median of 2.32, National Beverage 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 Beverages - Non-Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Non-Alcoholic companies is 2.32, based on 85 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. National Beverage's current Cyclically Adjusted PB Ratio of 7.10 is 206% 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 National Beverage and its competitors. For the Beverages - Non-Alcoholic industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Beverage's current Cyclically Adjusted PB Ratio is 7.10, which is 50% below median its own 10-year median of 14.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Beverage stock overvalued right now?
National Beverage (MEX:FIZZ) has a current Cyclically Adjusted PB Ratio of 7.10. The stock's GF Value™ is MXN1,527.11, compared to a current price of MXN1,115.00 — trading 27% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.10, which is 50% below median its 10-year median of 14.32 and 206% above the Beverages - Non-Alcoholic industry median of 2.32. National Beverage's overall GF Score™ is 70/100 with 1 warning sign 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 National Beverage (MEX:FIZZ), the current Cyclically Adjusted PB Ratio is 7.10 as of Aug. 27, 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 National Beverage (MEX:FIZZ) Overvalued in 2026?
Based on GuruFocus' analysis, National Beverage stock appears to be undervalued.
The current stock price of MXN1,115.00 is trading 27% below its estimated GF Value™ of MXN1,527.11.
Key valuation signals for MEX:FIZZ:
Cyclically Adjusted PB Ratio: 7.10 (50% below median its 10-year median of 14.32)
GF Value™: MXN1,527.11 vs. price of MXN1,115.00 (27% below fair value)
Industry Position: 206% above the Beverages - Non-Alcoholic median (#73 of 85)
No single metric tells the full story. See the MEX:FIZZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants).
70GF Score
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