M Food (WAR:MFD) Cyclically Adjusted PB Ratio: 0.09 (As of Jul. 16, 2026) — Near Median

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WAR:MFD M Food SA WAR:MFD
28 GF Score
Price zł2.08
GF Value zł0.98
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is M Food Cyclically Adjusted PB Ratio?

M Food WAR:MFD +0.97% 28 Cyclically Adjusted PB Ratio is 0.09 as of Jul. 16, 2026, which is at its 10-year median of 0.09. GuruFocus rates WAR:MFD with a GF Score™ of 28/100 and a GF Value™ of zł0.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,442 Consumer Packaged Goods companies, M Food ranks better than 97.99% on this metric.

As of today (2026-07-16), M Food's current share price is zł2.08. M Food's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł23.21. M Food's Cyclically Adjusted PB Ratio for today is 0.09.

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

WAR:MFD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.09   Max: 0.28
Current: 0.09

During the past years, M Food's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.03. And the median was 0.09.

WAR:MFD's Cyclically Adjusted PB Ratio is ranked better than
97.99% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs WAR:MFD: 0.09

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.

M Food's adjusted book value per share data for the three months ended in Mar. 2026 was zł9.574. 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 zł23.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


M Food  (WAR:MFD) 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.


M Food Cyclically Adjusted PB Ratio Related Terms


M Food Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for M Food'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.

M Food Cyclically Adjusted PB Ratio Chart

M Food 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 0.28 0.20 0.11 0.03 0.09

M Food 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 0.05 0.04 0.03 0.09 0.07

WAR:MFD vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, M Food'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.


M Food Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


WAR:MFD
28GF Score
M Food SA WAR:MFD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M Food 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.

M Food's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.08/23.21
=0.09

* 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.

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

For example, M Food'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)
=9.574/163.0700*163.0700
=9.574

Current CPI (Mar. 2026) = 163.0700.

M Food Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.116 99.552 29.675
201609 18.497 99.064 30.448
201612 18.976 100.366 30.831
201703 19.162 101.018 30.933
201706 19.037 101.180 30.682
201709 18.952 101.343 30.495
201712 18.723 102.564 29.768
201803 19.190 102.564 30.511
201806 19.590 103.378 30.902
201809 19.519 103.378 30.790
201812 19.436 103.785 30.538
201903 19.590 104.274 30.636
201906 19.029 105.983 29.279
201909 19.187 105.983 29.522
201912 18.425 107.123 28.048
202003 18.625 109.076 27.845
202006 18.865 109.402 28.119
202009 19.250 109.320 28.715
202012 18.772 109.565 27.939
202103 19.923 112.658 28.838
202106 19.449 113.960 27.830
202109 19.987 115.588 28.197
202112 17.206 119.088 23.561
202203 18.181 125.031 23.712
202206 18.439 131.705 22.830
202209 18.359 135.531 22.089
202212 17.690 139.113 20.736
202303 17.058 145.950 19.059
202306 16.518 147.009 18.323
202309 17.397 146.113 19.416
202312 11.473 147.741 12.663
202403 11.820 149.044 12.932
202406 11.520 150.997 12.441
202409 11.492 153.439 12.213
202412 9.047 154.660 9.539
202503 9.402 157.021 9.764
202506 9.312 157.509 9.641
202509 9.488 158.000 9.792
202512 9.317 158.320 9.597
202603 9.574 163.070 9.574

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 0.09 mean?
M Food (WAR:MFD) has a Cyclically Adjusted PB Ratio of 0.09 as of Jul. 16, 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 M Food and its competitors. This is near median its historical median of 0.09. Over the past decade, M Food's Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.28. According to the industry distribution chart, M Food ranks #29 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 2%.
Is M Food's Cyclically Adjusted PB Ratio too high?
M Food's current Cyclically Adjusted PB Ratio of 0.09 is near median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.28. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. M Food's value of 0.09 is 92.8% below this industry median. Based on the distribution chart, M Food ranks #29 out of 1442 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, M Food has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M Food's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, M Food ranks #29 out of 1442 companies for Cyclically Adjusted PB Ratio. This places M Food in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. M Food's value of 0.09 is 92.8% below this benchmark. Historically, M Food's own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.28 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 1.25, M Food 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 1,442 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. M Food's current Cyclically Adjusted PB Ratio of 0.09 is 92.8% 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 M Food 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. M Food's current Cyclically Adjusted PB Ratio is 0.09, which is near median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M Food stock overvalued right now?
Based on GuruFocus' analysis, M Food (WAR:MFD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.98, compared to a current price of zł2.08 — trading 112.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is near median its 10-year median of 0.09 and 92.8% below the Consumer Packaged Goods industry median of 1.25. M Food's overall GF Score™ is 28/100 with 3 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 M Food (WAR:MFD), the current Cyclically Adjusted PB Ratio is 0.09 as of Jul. 16, 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 M Food (WAR:MFD) Overvalued in 2026?

Based on GuruFocus' analysis, M Food stock appears to be overvalued. The current stock price of zł2.08 is trading 112.2% above its estimated GF Value™ of zł0.98. GuruFocus considers M Food to be Significantly Overvalued.

Key valuation signals for WAR:MFD:

  • Cyclically Adjusted PB Ratio: 0.09 (near median its 10-year median of 0.09)
  • GF Value™: zł0.98 vs. price of zł2.08 (112.2% above fair value)
  • GF Score™: 28/100 with 3 warning signs
  • Industry Position: 92.8% below the Consumer Packaged Goods median (#29 of 1442)

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


M Food Business Description

Address Ulica Karolewska 1, Lodz, POL, 90-560
M Food SA is one of the players in the honey and bee products trade market in Europe. The business of M FOOD is the production of honey, its acquisition from domestic and foreign producers and the sale of both the raw material itself (honey) and bee products, such as honeys, including meads, and apiculture products.
28GF Score

Get the complete analysis for WAR:MFD

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

zł2.08
Price
zł0.98
GF Value