Burcon NutraScience (TSX:BU) Cyclically Adjusted PB Ratio: 0.93 (As of Jul. 21, 2026) — 62% Below Median

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TSX:BU Burcon NutraScience Corp TSX:BU
51 GF Score
Price C$1.85
GF Value C$10.07
Valuation Possible Value Trap
! 2 Warning Signs
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What is Burcon NutraScience Cyclically Adjusted PB Ratio?

Burcon NutraScience TSX:BU -0.54% 51 Cyclically Adjusted PB Ratio is 0.93 as of Jul. 21, 2026, which is 62% below its 10-year median of 2.47. GuruFocus rates TSX:BU with a GF Score™ of 51/100 and a GF Value™ of C$10.07 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,442 Consumer Packaged Goods companies, Burcon NutraScience ranks better than 61.58% on this metric.

As of today (2026-07-21), Burcon NutraScience's current share price is C$1.85. Burcon NutraScience's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$1.98. Burcon NutraScience's Cyclically Adjusted PB Ratio for today is 0.93.

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

TSX:BU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 2.47   Max: 39.49
Current: 0.94

During the past years, Burcon NutraScience's highest Cyclically Adjusted PB Ratio was 39.49. The lowest was 0.59. And the median was 2.47.

TSX:BU's Cyclically Adjusted PB Ratio is ranked better than
61.58% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs TSX:BU: 0.94

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.

Burcon NutraScience's adjusted book value per share data for the three months ended in Mar. 2026 was C$-0.457. 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 C$1.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Burcon NutraScience  (TSX:BU) 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.


Burcon NutraScience Cyclically Adjusted PB Ratio Related Terms


Burcon NutraScience Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience Cyclically Adjusted PB Ratio Chart

Burcon NutraScience Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.95 1.84 2.11 0.88 0.93

Burcon NutraScience 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 0.88 1.91 1.16 0.81 0.93

TSX:BU vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Burcon NutraScience'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.


Burcon NutraScience Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSX:BU
51GF Score
Burcon NutraScience Corp TSX:BU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burcon NutraScience 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.

Burcon NutraScience's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.85/1.98
=0.93

* 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.

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

For example, Burcon NutraScience'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)
=-0.457/132.2623*132.2623
=-0.457

Current CPI (Mar. 2026) = 132.2623.

Burcon NutraScience Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.737 102.002 0.956
201609 0.383 101.765 0.498
201612 1.414 101.449 1.843
201703 1.081 102.634 1.393
201706 0.739 103.029 0.949
201709 0.437 103.345 0.559
201712 0.067 103.345 0.086
201803 0.542 105.004 0.683
201806 0.309 105.557 0.387
201809 0.069 105.636 0.086
201812 -0.184 105.399 -0.231
201903 -0.458 106.979 -0.566
201906 2.280 107.690 2.800
201909 2.154 107.611 2.647
201912 2.528 107.769 3.103
202003 3.920 107.927 4.804
202006 3.781 108.401 4.613
202009 5.306 108.164 6.488
202012 5.388 108.559 6.564
202103 5.533 110.298 6.635
202106 5.118 111.720 6.059
202109 5.009 112.905 5.868
202112 4.843 113.774 5.630
202203 4.297 117.646 4.831
202206 3.730 120.806 4.084
202209 3.280 120.648 3.596
202212 0.868 120.964 0.949
202303 0.597 122.702 0.644
202306 0.789 124.203 0.840
202309 0.619 125.230 0.654
202312 0.379 125.072 0.401
202403 0.600 126.258 0.629
202406 0.406 127.522 0.421
202409 0.192 127.285 0.200
202412 -0.010 127.364 -0.010
202503 0.547 129.181 0.560
202506 0.283 129.892 0.288
202509 0.010 130.287 0.010
202512 -0.196 130.366 -0.199
202603 -0.457 132.262 -0.457

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 0.93 mean?
Burcon NutraScience (TSX:BU) has a Cyclically Adjusted PB Ratio of 0.93 as of Jul. 21, 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 Burcon NutraScience and its competitors. This is 62% below median its historical median of 2.47. Over the past decade, Burcon NutraScience's Cyclically Adjusted PB Ratio has ranged from 0.59 to 39.49. According to the industry distribution chart, Burcon NutraScience ranks #554 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 38.4%.
Is Burcon NutraScience's Cyclically Adjusted PB Ratio too high?
Burcon NutraScience's current Cyclically Adjusted PB Ratio of 0.93 is 62% below median its 10-year median of 2.47. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 39.49. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Burcon NutraScience's value of 0.93 is 26.8% below this industry median. Based on the distribution chart, Burcon NutraScience ranks #554 out of 1442 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Burcon NutraScience has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Burcon NutraScience's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Burcon NutraScience ranks #554 out of 1442 companies for Cyclically Adjusted PB Ratio. This puts Burcon NutraScience in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Burcon NutraScience's value of 0.93 is 26.8% below this benchmark. Historically, Burcon NutraScience's own Cyclically Adjusted PB Ratio has ranged from 0.59 to 39.49 over the past decade. While the company's 10-year median is 2.47 vs. the industry median of 1.27, Burcon NutraScience 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 1.27, based on 1,442 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. Burcon NutraScience's current Cyclically Adjusted PB Ratio of 0.93 is 26.8% 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 Burcon NutraScience and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burcon NutraScience's current Cyclically Adjusted PB Ratio is 0.93, which is 62% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burcon NutraScience stock overvalued right now?
Based on GuruFocus' analysis, Burcon NutraScience (TSX:BU) is currently considered Possible Value Trap. The stock's GF Value™ is C$10.07, compared to a current price of C$1.85 — trading 81.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 62% below median its 10-year median of 2.47 and 26.8% below the Consumer Packaged Goods industry median of 1.27. Burcon NutraScience's overall GF Score™ is 51/100 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 Burcon NutraScience (TSX:BU), the current Cyclically Adjusted PB Ratio is 0.93 as of Jul. 21, 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 Burcon NutraScience (TSX:BU) Overvalued in 2026?

Based on GuruFocus' analysis, Burcon NutraScience stock appears to be undervalued. The current stock price of C$1.85 is trading 81.6% below its estimated GF Value™ of C$10.07. GuruFocus considers Burcon NutraScience to be Possible Value Trap.

Key valuation signals for TSX:BU:

  • Cyclically Adjusted PB Ratio: 0.93 (62% below median its 10-year median of 2.47)
  • GF Value™: C$10.07 vs. price of C$1.85 (81.6% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 26.8% below the Consumer Packaged Goods median (#554 of 1442)

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


Burcon NutraScience Business Description

Other Exchanges BRCNF:USABNE0:Germany
Address 1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2
Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With several issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.
51GF Score

Get the complete analysis for TSX:BU

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

C$1.85
Price
C$10.07
GF Value