Premium Brands Holdings (TSX:PBH) Cyclically Adjusted PB Ratio: 2.51 (As of Jul. 24, 2026) — 59% Below Median

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TSX:PBH Premium Brands Holdings Corp TSX:PBH
91 GF Score
Price C$88.70
GF Value C$108.44
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Premium Brands Holdings Cyclically Adjusted PB Ratio?

Premium Brands Holdings TSX:PBH -2.87% 91 Cyclically Adjusted PB Ratio is 2.51 as of Jul. 24, 2026, which is 59% below its 10-year median of 6.06. GuruFocus rates TSX:PBH with a GF Score™ of 91/100 and a GF Value™ of C$108.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,439 Consumer Packaged Goods companies, Premium Brands Holdings ranks worse than 74.29% on this metric.

As of today (2026-07-24), Premium Brands Holdings's current share price is C$88.70. Premium Brands Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$35.37. Premium Brands Holdings's Cyclically Adjusted PB Ratio for today is 2.51.

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

TSX:PBH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 6.06   Max: 11.03
Current: 2.54

During the past years, Premium Brands Holdings's highest Cyclically Adjusted PB Ratio was 11.03. The lowest was 2.34. And the median was 6.06.

TSX:PBH's Cyclically Adjusted PB Ratio is ranked worse than
74.29% of 1439 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs TSX:PBH: 2.54

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.

Premium Brands Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was C$44.379. 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$35.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premium Brands Holdings  (TSX:PBH) 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.


Premium Brands Holdings Cyclically Adjusted PB Ratio Related Terms


Premium Brands Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Premium Brands Holdings'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.

Premium Brands Holdings Cyclically Adjusted PB Ratio Chart

Premium Brands Holdings 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 6.32 3.41 3.39 2.55 2.98

Premium Brands Holdings 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 2.41 2.47 2.78 2.98 2.32

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

For the Packaged Foods subindustry, Premium Brands Holdings'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.


Premium Brands Holdings Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


TSX:PBH
91GF Score
Premium Brands Holdings Corp TSX:PBH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premium Brands Holdings 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.

Premium Brands Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.70/35.37
=2.51

* 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.

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

For example, Premium Brands Holdings'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)
=44.379/132.2623*132.2623
=44.379

Current CPI (Mar. 2026) = 132.2623.

Premium Brands Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.834 102.002 16.641
201609 13.724 101.765 17.837
201612 14.340 101.449 18.696
201703 14.370 102.634 18.518
201706 14.397 103.029 18.482
201709 14.792 103.345 18.931
201712 16.159 103.345 20.681
201803 16.781 105.004 21.137
201806 22.444 105.557 28.122
201809 23.920 105.636 29.949
201812 24.448 105.399 30.679
201903 21.877 106.979 27.047
201906 28.394 107.690 34.873
201909 28.740 107.611 35.324
201912 28.718 107.769 35.245
202003 29.168 107.927 35.745
202006 28.561 108.401 34.848
202009 32.978 108.164 40.325
202012 36.736 108.559 44.757
202103 36.602 110.298 43.891
202106 36.103 111.720 42.741
202109 36.878 112.905 43.201
202112 39.774 113.774 46.237
202203 39.461 117.646 44.364
202206 40.200 120.806 44.012
202209 40.794 120.648 44.721
202212 40.833 120.964 44.647
202303 40.094 122.702 43.218
202306 39.899 124.203 42.488
202309 40.230 125.230 42.489
202312 39.775 125.072 42.062
202403 39.167 126.258 41.030
202406 39.406 127.522 40.871
202409 39.158 127.285 40.689
202412 39.668 127.364 41.194
202503 39.058 129.181 39.990
202506 38.423 129.892 39.124
202509 37.628 130.287 38.198
202512 37.059 130.366 37.598
202603 44.379 132.262 44.379

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 2.51 mean?
Premium Brands Holdings (TSX:PBH) has a Cyclically Adjusted PB Ratio of 2.51 as of Jul. 24, 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 Premium Brands Holdings and its competitors. This is 59% below median its historical median of 6.06. Over the past decade, Premium Brands Holdings' Cyclically Adjusted PB Ratio has ranged from 2.34 to 11.03. According to the industry distribution chart, Premium Brands Holdings ranks #1069 out of 1439 companies in the Consumer Packaged Goods industry, placing it in the top 74.3%.
Is Premium Brands Holdings' Cyclically Adjusted PB Ratio too high?
Premium Brands Holdings' current Cyclically Adjusted PB Ratio of 2.51 is 59% below median its 10-year median of 6.06. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 11.03. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Premium Brands Holdings' value of 2.51 is 97.6% above this industry median. Based on the distribution chart, Premium Brands Holdings ranks #1069 out of 1439 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Premium Brands Holdings has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Premium Brands Holdings' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Premium Brands Holdings ranks #1069 out of 1439 companies for Cyclically Adjusted PB Ratio. This places Premium Brands Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Premium Brands Holdings' value of 2.51 is 97.6% above this benchmark. Historically, Premium Brands Holdings' own Cyclically Adjusted PB Ratio has ranged from 2.34 to 11.03 over the past decade. While the company's 10-year median is 6.06 vs. the industry median of 1.27, Premium Brands Holdings 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,439 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. Premium Brands Holdings's current Cyclically Adjusted PB Ratio of 2.51 is 97.6% 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 Premium Brands Holdings 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. Premium Brands Holdings's current Cyclically Adjusted PB Ratio is 2.51, which is 59% below median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Brands Holdings stock overvalued right now?
Based on GuruFocus' analysis, Premium Brands Holdings (TSX:PBH) is currently considered Modestly Undervalued. The stock's GF Value™ is C$108.44, compared to a current price of C$88.70 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 59% below median its 10-year median of 6.06 and 97.6% above the Consumer Packaged Goods industry median of 1.27. Premium Brands Holdings' overall GF Score™ is 91/100 with 5 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 Premium Brands Holdings (TSX:PBH), the current Cyclically Adjusted PB Ratio is 2.51 as of Jul. 24, 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 Premium Brands Holdings (TSX:PBH) Overvalued in 2026?

Based on GuruFocus' analysis, Premium Brands Holdings stock appears to be undervalued. The current stock price of C$88.70 is trading 18.2% below its estimated GF Value™ of C$108.44. GuruFocus considers Premium Brands Holdings to be Modestly Undervalued.

Key valuation signals for TSX:PBH:

  • Cyclically Adjusted PB Ratio: 2.51 (59% below median its 10-year median of 6.06)
  • GF Value™: C$108.44 vs. price of C$88.70 (18.2% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 97.6% above the Consumer Packaged Goods median (#1069 of 1439)

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


Premium Brands Holdings Business Description

Other Exchanges PRBZF:USA5P7:Germany
Address 100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6
Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes majority of revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses. Its geographical segments are the United States and Canada.
91GF Score

Get the complete analysis for TSX:PBH

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

C$88.70
Price
C$108.44
GF Value