Itafos (TSXV:IFOS) Cyclically Adjusted PB Ratio: 0.96 (As of Jul. 14, 2026) — 2300% Above Median

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TSXV:IFOS Itafos Inc TSXV:IFOS
60 GF Score
Price C$2.42
GF Value C$2.00
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Itafos Cyclically Adjusted PB Ratio?

Itafos TSXV:IFOS 60 Cyclically Adjusted PB Ratio is 0.96 as of Jul. 14, 2026, which is 2300% above its 10-year median of 0.04. GuruFocus rates TSXV:IFOS with a GF Score™ of 60/100 and a GF Value™ of C$2.00 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 201 Agriculture companies, Itafos ranks better than 69.15% on this metric.

As of today (2026-07-14), Itafos's current share price is C$2.42. Itafos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.52. Itafos's Cyclically Adjusted PB Ratio for today is 0.96.

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

TSXV:IFOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 1.52
Current: 0.96

During the past years, Itafos's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.01. And the median was 0.04.

TSXV:IFOS's Cyclically Adjusted PB Ratio is ranked better than
69.15% of 201 companies
in the Agriculture industry
Industry Median: 1.39 vs TSXV:IFOS: 0.96

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.

Itafos's adjusted book value per share data for the three months ended in Mar. 2026 was C$3.103. 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$2.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itafos  (TSXV:IFOS) 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.


Itafos Cyclically Adjusted PB Ratio Related Terms


Itafos Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Itafos'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.

Itafos Cyclically Adjusted PB Ratio Chart

Itafos 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 0.02 0.03 0.05 0.17 0.90

Itafos 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 0.29 0.52 0.69 0.90 1.46

TSXV:IFOS vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Itafos'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.


Itafos Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Itafos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:IFOS
60GF Score
Itafos Inc TSXV:IFOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itafos 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.42/2.52
=0.96

* 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.

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

For example, Itafos'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)
=3.103/330.2130*330.2130
=3.103

Current CPI (Mar. 2026) = 330.2130.

Itafos Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.194 241.018 19.447
201609 -19.209 241.428 -26.273
201612 6.251 241.432 8.550
201703 4.995 243.801 6.765
201706 4.854 244.955 6.543
201709 4.262 246.819 5.702
201712 3.516 246.524 4.710
201803 3.584 249.554 4.742
201806 4.088 251.989 5.357
201809 3.988 252.439 5.217
201812 2.485 251.233 3.266
201903 2.372 254.202 3.081
201906 2.153 256.143 2.776
201909 1.948 256.759 2.505
201912 1.049 256.974 1.348
202003 0.884 258.115 1.131
202006 0.706 257.797 0.904
202009 0.590 260.280 0.749
202012 0.564 260.474 0.715
202103 0.567 264.877 0.707
202106 0.614 271.696 0.746
202109 0.740 274.310 0.891
202112 0.914 278.802 1.083
202203 1.141 287.504 1.310
202206 1.454 296.311 1.620
202209 1.572 296.808 1.749
202212 1.815 296.797 2.019
202303 2.032 301.836 2.223
202306 2.116 305.109 2.290
202309 2.176 307.789 2.335
202312 1.821 306.746 1.960
202403 2.000 312.332 2.114
202406 2.141 314.175 2.250
202409 2.245 315.301 2.351
202412 2.581 315.605 2.700
202503 2.808 319.799 2.899
202506 2.848 322.561 2.916
202509 3.142 324.800 3.194
202512 3.106 324.054 3.165
202603 3.103 330.213 3.103

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 0.96 mean?
Itafos (TSXV:IFOS) has a Cyclically Adjusted PB Ratio of 0.96 as of Jul. 14, 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 Itafos and its competitors. This is 2300% above median its historical median of 0.04. Over the past decade, Itafos' Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.52. According to the industry distribution chart, Itafos ranks #62 out of 201 companies in the Agriculture industry, placing it in the top 30.8%.
Is Itafos' Cyclically Adjusted PB Ratio too high?
Itafos' current Cyclically Adjusted PB Ratio of 0.96 is 2300% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.52. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.39. Itafos' value of 0.96 is 30.9% below this industry median. Based on the distribution chart, Itafos ranks #62 out of 201 companies in the Agriculture industry, which is above the industry midpoint. Overall, Itafos has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itafos' Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Itafos ranks #62 out of 201 companies for Cyclically Adjusted PB Ratio. This puts Itafos in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Itafos' value of 0.96 is 30.9% below this benchmark. Historically, Itafos' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.52 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 1.39, Itafos 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.39, based on 201 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. Itafos's current Cyclically Adjusted PB Ratio of 0.96 is 30.9% 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 Itafos and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itafos's current Cyclically Adjusted PB Ratio is 0.96, which is 2300% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itafos stock overvalued right now?
Based on GuruFocus' analysis, Itafos (TSXV:IFOS) is currently considered Modestly Overvalued. The stock's GF Value™ is C$2.00, compared to a current price of C$2.42 — trading 21% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is 2300% above median its 10-year median of 0.04 and 30.9% below the Agriculture industry median of 1.39. Itafos' 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 Itafos (TSXV:IFOS), the current Cyclically Adjusted PB Ratio is 0.96 as of Jul. 14, 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 Itafos (TSXV:IFOS) Overvalued in 2026?

Based on GuruFocus' analysis, Itafos stock appears to be overvalued. The current stock price of C$2.42 is trading 21% above its estimated GF Value™ of C$2.00. GuruFocus considers Itafos to be Modestly Overvalued.

Key valuation signals for TSXV:IFOS:

  • Cyclically Adjusted PB Ratio: 0.96 (2300% above median its 10-year median of 0.04)
  • GF Value™: C$2.00 vs. price of C$2.42 (21% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 30.9% below the Agriculture median (#62 of 201)

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


Itafos Business Description

Other Exchanges ITFS:USA82E:Germany
Address 5151 San Felipe Street, Suite 2015, Houston, TX, USA, 77056
Itafos Inc is a phosphate and specialty fertilizer company. The Company's businesses and projects are Conda, a vertically integrated phosphate fertilizer business located in Idaho, US; Arraias, a vertically integrated phosphate fertilizer business located in Tocantins, Brazil; Farim, a phosphate mine project located in Farim, Guinea-Bissau; and Santana, a vertically integrated phosphate mine and fertilizer plant project located in Para, Brazil. The Company's segment reporting is Conda, which generates maximum revenue; Arraias; Development and Exploration; and Corporate.
60GF Score

Get the complete analysis for TSXV:IFOS

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

C$2.42
Price
C$2.00
GF Value