Winpak (MEX:WPKN) Cyclically Adjusted PB Ratio: 1.66 (As of Aug. 12, 2026) — 39% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

MEX:WPKN Winpak Ltd MEX:WPKN
80 GF Score
Price MXN690.23
GF Value MXN738.02
View Full Analysis

What is Winpak Cyclically Adjusted PB Ratio?

Winpak MEX:WPKN 80 Cyclically Adjusted PB Ratio is 1.66 as of Aug. 12, 2026, which is 39% below its 10-year median of 2.73. GuruFocus rates MEX:WPKN with a GF Score™ of 80/100 and a GF Value™ of MXN738.02. Among 312 Packaging & Containers companies, Winpak ranks worse than 62.82% on this metric.

As of today (2026-08-12), Winpak's current share price is MXN690.23. Winpak's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN414.74. Winpak's Cyclically Adjusted PB Ratio for today is 1.66.

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

MEX:WPKN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.73   Max: 6.96
Current: 1.68

During the past years, Winpak's highest Cyclically Adjusted PB Ratio was 6.96. The lowest was 1.57. And the median was 2.73.

MEX:WPKN's Cyclically Adjusted PB Ratio is ranked worse than
62.82% of 312 companies
in the Packaging & Containers industry
Industry Median: 1.18 vs MEX:WPKN: 1.68

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.

Winpak's adjusted book value per share data for the three months ended in Jun. 2026 was MXN400.183. 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 MXN414.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Winpak  (MEX:WPKN) 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.


Winpak Cyclically Adjusted PB Ratio Related Terms


Winpak Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Winpak'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.

Winpak Cyclically Adjusted PB Ratio Chart

Winpak 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 2.31 2.27 1.97 2.09 1.80

Winpak Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 1.86 1.67 1.80 1.77 1.66

MEX:WPKN vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Winpak'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.


Winpak Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Winpak's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:WPKN
80GF Score
Winpak Ltd MEX:WPKN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winpak 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.

Winpak's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=690.23/414.74
=1.66

* 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.

Winpak's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Winpak's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=400.183/133.5265*133.5265
=400.183

Current CPI (Jun. 2026) = 133.5265.

Winpak Quarterly Data

Book Value per Share CPI Adj_Book
201609 201.523 101.765 264.421
201612 223.819 101.449 294.591
201703 212.256 102.634 276.145
201706 210.717 103.029 273.092
201709 218.226 103.345 281.959
201712 247.285 103.345 319.505
201803 235.446 105.004 299.401
201806 262.565 105.557 332.137
201809 257.715 105.636 325.758
201812 277.974 105.399 352.156
201903 283.103 106.979 353.356
201906 289.418 107.690 358.853
201909 305.601 107.611 379.197
201912 300.245 107.769 372.004
202003 380.548 107.927 470.810
202006 384.738 108.401 473.912
202009 376.942 108.164 465.327
202012 346.875 108.559 426.651
202103 363.672 110.298 440.262
202106 313.548 111.720 374.750
202109 329.683 112.905 389.898
202112 340.728 113.774 399.882
202203 340.821 117.646 386.829
202206 354.143 120.806 391.433
202209 362.498 120.648 401.193
202212 360.758 120.964 398.224
202303 344.254 122.702 374.623
202306 337.938 124.203 363.305
202309 351.740 125.230 375.042
202312 352.554 125.072 376.384
202403 348.732 126.258 368.809
202406 393.851 127.522 412.397
202409 434.851 127.285 456.175
202412 419.040 127.364 439.316
202503 420.406 129.181 434.548
202506 395.562 129.892 406.630
202509 392.938 130.287 402.708
202512 389.666 130.366 399.112
202603 404.195 132.262 408.058
202606 400.183 133.527 400.183

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 1.66 mean?
Winpak (MEX:WPKN) has a Cyclically Adjusted PB Ratio of 1.66 as of Aug. 12, 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 Winpak and its competitors. This is 39% below median its historical median of 2.73. Over the past decade, Winpak's Cyclically Adjusted PB Ratio has ranged from 1.57 to 6.96. According to the industry distribution chart, Winpak ranks #196 out of 312 companies in the Packaging & Containers industry, placing it in the top 62.8%.
Is Winpak's Cyclically Adjusted PB Ratio too high?
Winpak's current Cyclically Adjusted PB Ratio of 1.66 is 39% below median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 6.96. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.18. Winpak's value of 1.66 is 40.7% above this industry median. Based on the distribution chart, Winpak ranks #196 out of 312 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Winpak has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Winpak's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Winpak ranks #196 out of 312 companies for Cyclically Adjusted PB Ratio. This places Winpak in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Winpak's value of 1.66 is 40.7% above this benchmark. Historically, Winpak's own Cyclically Adjusted PB Ratio has ranged from 1.57 to 6.96 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.18, Winpak 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.18, based on 312 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. Winpak's current Cyclically Adjusted PB Ratio of 1.66 is 40.7% 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 Winpak and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winpak's current Cyclically Adjusted PB Ratio is 1.66, which is 39% below median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winpak stock overvalued right now?
Winpak (MEX:WPKN) has a current Cyclically Adjusted PB Ratio of 1.66. The stock's GF Value™ is MXN738.02, compared to a current price of MXN690.23 — trading 6.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.66, which is 39% below median its 10-year median of 2.73 and 40.7% above the Packaging & Containers industry median of 1.18. Winpak's overall GF Score™ is 80/100. 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 Winpak (MEX:WPKN), the current Cyclically Adjusted PB Ratio is 1.66 as of Aug. 12, 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 Winpak (MEX:WPKN) Overvalued in 2026?

Based on GuruFocus' analysis, Winpak stock appears to be undervalued. The current stock price of MXN690.23 is trading 6.5% below its estimated GF Value™ of MXN738.02.

Key valuation signals for MEX:WPKN:

  • Cyclically Adjusted PB Ratio: 1.66 (39% below median its 10-year median of 2.73)
  • GF Value™: MXN738.02 vs. price of MXN690.23 (6.5% below fair value)
  • GF Score™: 80/100
  • Industry Position: 40.7% above the Packaging & Containers median (#196 of 312)

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


Winpak Business Description

Address 100 Saulteaux Crescent, Corporate Office, Winnipeg, MB, CAN, R3J 3T3
Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment includes rigid containers, lidding, and specialized printed packaging product groups. The packaging machinery segment includes horizontal fill/seal machines for preformed containers and vertical form/fill/seal machines for liquid, semi-liquid, and certain dry products.
80GF Score

Get the complete analysis for MEX:WPKN

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

MXN690.23
Price
MXN738.02
GF Value