NOMD (Nomad Foods) Cyclically Adjusted PB Ratio: 0.62 (As of Aug. 12, 2026) — 35% Below Median

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NOMD Nomad Foods Ltd NOMD
60 GF Score
Price $11.37
GF Value $21.38
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nomad Foods Cyclically Adjusted PB Ratio?

Nomad Foods NOMD -2.40% 60 Cyclically Adjusted PB Ratio is 0.62 as of Aug. 12, 2026, which is 35% below its 10-year median of 0.96. GuruFocus rates NOMD with a GF Score™ of 60/100 and a GF Value™ of $21.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,407 Consumer Packaged Goods companies, Nomad Foods ranks better than 75.27% on this metric.

As of today (2026-08-12), Nomad Foods's current share price is $11.37. Nomad Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.26. Nomad Foods's Cyclically Adjusted PB Ratio for today is 0.62.

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

NOMD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.96   Max: 1.28
Current: 0.64

During the past years, Nomad Foods's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.52. And the median was 0.96.

NOMD's Cyclically Adjusted PB Ratio is ranked better than
75.27% of 1407 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs NOMD: 0.64

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.

Nomad Foods's adjusted book value per share data for the three months ended in Mar. 2026 was $20.661. 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 $18.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nomad Foods  (NYSE:NOMD) 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.


Nomad Foods Cyclically Adjusted PB Ratio Related Terms


Nomad Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nomad 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.

Nomad Foods Cyclically Adjusted PB Ratio Chart

Nomad Foods 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 0.00 0.00 0.00 1.00 0.69

Nomad Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.14 0.97 0.74 0.69 0.53

NOMD vs FLO, BRBR, JJSF: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Nomad 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.


Nomad Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


NOMD
60GF Score
Nomad Foods Ltd NOMD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomad 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.

Nomad Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.37/18.26
=0.62

* 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.

Nomad Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=20.661/140.8000*140.8000
=20.661

Current CPI (Mar. 2026) = 140.8000.

Nomad Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.656 101.000 16.249
201609 11.581 101.500 16.065
201612 10.931 102.200 15.060
201703 11.331 102.700 15.535
201706 12.075 103.500 16.427
201709 12.997 104.300 17.545
201712 13.145 105.000 17.627
201803 13.465 105.100 18.039
201806 13.083 105.900 17.395
201809 13.320 106.600 17.593
201812 13.336 107.100 17.532
201903 14.108 107.000 18.565
201906 14.233 107.900 18.573
201909 14.020 108.400 18.210
201912 14.497 108.500 18.813
202003 13.932 108.600 18.063
202006 14.618 108.800 18.917
202009 14.816 109.200 19.103
202012 14.892 109.400 19.166
202103 14.592 109.700 18.729
202106 15.182 111.400 19.189
202109 15.273 112.400 19.132
202112 14.839 114.700 18.216
202203 14.908 116.500 18.018
202206 15.127 120.500 17.675
202209 14.808 122.300 17.048
202212 15.862 125.300 17.824
202303 16.224 126.800 18.015
202306 16.737 129.400 18.212
202309 17.002 130.100 18.400
202312 17.323 130.500 18.690
202403 17.496 131.600 18.719
202406 17.689 133.000 18.726
202409 18.483 133.500 19.494
202412 17.861 135.100 18.615
202503 18.411 136.100 19.047
202506 19.682 138.400 20.023
202509 20.444 138.900 20.724
202512 20.527 139.900 20.659
202603 20.661 140.800 20.661

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 0.62 mean?
Nomad Foods (NOMD) has a Cyclically Adjusted PB Ratio of 0.62 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 Nomad Foods and its competitors. This is 35% below median its historical median of 0.96. Over the past decade, Nomad Foods' Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.28. According to the industry distribution chart, Nomad Foods ranks #348 out of 1407 companies in the Consumer Packaged Goods industry, placing it in the top 24.7%.
Is Nomad Foods' Cyclically Adjusted PB Ratio too high?
Nomad Foods' current Cyclically Adjusted PB Ratio of 0.62 is 35% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.28. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Nomad Foods' value of 0.62 is 50.8% below this industry median. Based on the distribution chart, Nomad Foods ranks #348 out of 1407 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Nomad Foods has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nomad Foods' Cyclically Adjusted PB Ratio compare to FLO and BRBR?
According to the Consumer Packaged Goods industry distribution chart, Nomad Foods ranks #348 out of 1407 companies for Cyclically Adjusted PB Ratio. This places Nomad Foods in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Nomad Foods' value of 0.62 is 50.8% below this benchmark. Historically, Nomad Foods' own Cyclically Adjusted PB Ratio has ranged from 0.52 to 1.28 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.26, Nomad Foods has consistently been below 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,407 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. Nomad Foods's current Cyclically Adjusted PB Ratio of 0.62 is 50.8% below 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 Nomad Foods and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomad Foods's current Cyclically Adjusted PB Ratio is 0.62, which is 35% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomad Foods stock overvalued right now?
Based on GuruFocus' analysis, Nomad Foods (NOMD) is currently considered Possible Value Trap. The stock's GF Value™ is $21.38, compared to a current price of $11.37 — trading 46.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 35% below median its 10-year median of 0.96 and 50.8% below the Consumer Packaged Goods industry median of 1.26. Nomad Foods' overall GF Score™ is 60/100 with 4 warning signs 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 Nomad Foods (NOMD), the current Cyclically Adjusted PB Ratio is 0.62 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 Nomad Foods (NOMD) Overvalued in 2026?

Based on GuruFocus' analysis, Nomad Foods stock appears to be undervalued. The current stock price of $11.37 is trading 46.8% below its estimated GF Value™ of $21.38. GuruFocus considers Nomad Foods to be Possible Value Trap.

Key valuation signals for NOMD:

  • Cyclically Adjusted PB Ratio: 0.62 (35% below median its 10-year median of 0.96)
  • GF Value™: $21.38 vs. price of $11.37 (46.8% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 50.8% below the Consumer Packaged Goods median (#348 of 1407)

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


Nomad Foods Business Description

Other Exchanges NOMDN:Mexico0NH:Germany
Address 43 Church Street West, Woking, GBR, GU21 6HT
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distributing branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, Ice Cream, and ready meals like pizza. It sells its products through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.
60GF Score

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

$11.37
Price
$21.38
GF Value