Sanford (NZSE:SAN) Cyclically Adjusted PB Ratio: 0.85 (As of Jul. 31, 2026) — Near Median

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NZSE:SAN Sanford Ltd NZSE:SAN
75 GF Score
Price NZ$6.75
GF Value NZ$4.34
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Sanford Cyclically Adjusted PB Ratio?

Sanford NZSE:SAN -1.89% 75 Cyclically Adjusted PB Ratio is 0.85 as of Jul. 31, 2026, which is 4% above its 10-year median of 0.82. GuruFocus rates NZSE:SAN with a GF Score™ of 75/100 and a GF Value™ of NZ$4.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,430 Consumer Packaged Goods companies, Sanford ranks better than 63.43% on this metric.

As of today (2026-07-31), Sanford's current share price is NZ$6.75. Sanford's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was NZ$7.95. Sanford's Cyclically Adjusted PB Ratio for today is 0.85.

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

NZSE:SAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.82   Max: 1.36
Current: 0.89

During the past 13 years, Sanford's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.49. And the median was 0.82.

NZSE:SAN's Cyclically Adjusted PB Ratio is ranked better than
63.43% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs NZSE:SAN: 0.89

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.

Sanford's adjusted book value per share data of for the fiscal year that ended in Sep25 was NZ$7.908. 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 NZ$7.95 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanford  (NZSE:SAN) 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.


Sanford Cyclically Adjusted PB Ratio Related Terms


Sanford Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanford'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.

Sanford Cyclically Adjusted PB Ratio Chart

Sanford Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.59 0.52 0.49 0.70

Sanford Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.49 0.00 0.70 0.00

NZSE:SAN vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Sanford'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.


Sanford Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


NZSE:SAN
75GF Score
Sanford Ltd NZSE:SAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanford 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.75/7.95
=0.85

* 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.

Sanford's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Sanford's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=7.908/134.8421*134.8421
=7.908

Current CPI (Sep25) = 134.8421.

Sanford Annual Data

Book Value per Share CPI Adj_Book
201609 5.957 100.813 7.968
201709 6.153 102.731 8.076
201809 6.217 104.684 8.008
201909 6.275 106.218 7.966
202009 6.525 107.751 8.166
202109 6.765 113.067 8.068
202209 7.097 121.245 7.893
202309 7.312 128.095 7.697
202409 7.519 130.855 7.748
202509 7.908 134.842 7.908

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 0.85 mean?
Sanford (NZSE:SAN) has a Cyclically Adjusted PB Ratio of 0.85 as of Jul. 31, 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 Sanford and its competitors. This is near median its historical median of 0.82. Over the past decade, Sanford's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.36. According to the industry distribution chart, Sanford ranks #523 out of 1430 companies in the Consumer Packaged Goods industry, placing it in the top 36.6%.
Is Sanford's Cyclically Adjusted PB Ratio too high?
Sanford's current Cyclically Adjusted PB Ratio of 0.85 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.36. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Sanford's value of 0.85 is 32% below this industry median. Based on the distribution chart, Sanford ranks #523 out of 1430 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sanford has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanford's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sanford ranks #523 out of 1430 companies for Cyclically Adjusted PB Ratio. This puts Sanford in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Sanford's value of 0.85 is 32% below this benchmark. Historically, Sanford's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.36 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.25, Sanford 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 1.25, based on 1,430 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. Sanford's current Cyclically Adjusted PB Ratio of 0.85 is 32% 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 Sanford and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanford's current Cyclically Adjusted PB Ratio is 0.85, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanford stock overvalued right now?
Based on GuruFocus' analysis, Sanford (NZSE:SAN) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.34, compared to a current price of NZ$6.75 — trading 55.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.85, which is near median its 10-year median of 0.82 and 32% below the Consumer Packaged Goods industry median of 1.25. Sanford's overall GF Score™ is 75/100 with 2 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 Sanford (NZSE:SAN), the current Cyclically Adjusted PB Ratio is 0.85 as of Jul. 31, 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 Sanford (NZSE:SAN) Overvalued in 2026?

Based on GuruFocus' analysis, Sanford stock appears to be overvalued. The current stock price of NZ$6.75 is trading 55.5% above its estimated GF Value™ of NZ$4.34. GuruFocus considers Sanford to be Significantly Overvalued.

Key valuation signals for NZSE:SAN:

  • Cyclically Adjusted PB Ratio: 0.85 (near median its 10-year median of 0.82)
  • GF Value™: NZ$4.34 vs. price of NZ$6.75 (55.5% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 32% below the Consumer Packaged Goods median (#523 of 1430)

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


Sanford Business Description

Other Exchanges SARDY:USA
Address 22 Jellicoe Street, Freemans Bay, Auckland, NTL, NZL, 1010
Sanford Ltd is a seafood company principally engaged in the fishing and aquaculture farming business. The company's activities include farming, harvesting, processing, storage, and marketing of seafood products, as well as investments in related activities. The group's operating divisions are Wildcatch and Aquaculture. Its Wildcatch segment involves catching and processing inshore and deepwater fish species, whereas the Aquaculture segment involves farming, harvesting, and processing of mussels and salmon. Some of the company's seafood products include Antarctic toothfish, Arrow squid, Gemfish, Scampi, Snapper, King Salmon, Jack mackerel, Ling, and others. Geographically, it derives the majority of its revenue from New Zealand.
75GF Score

Get the complete analysis for NZSE:SAN

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

NZ$6.75
Price
NZ$4.34
GF Value