Pescanova (XMAD:PVA) Cyclically Adjusted PB Ratio: (As of Jul. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAD:PVA Pescanova SA XMAD:PVA
15 GF Score
Price €0.24
GF Value €0.37
Valuation Possible Value Trap
! 4 Warning Signs
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What is Pescanova Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pescanova  (XMAD:PVA) 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.


Pescanova Cyclically Adjusted PB Ratio Related Terms


Pescanova Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Pescanova'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.

Pescanova Cyclically Adjusted PB Ratio Chart

Pescanova Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Pescanova Semi-Annual Data
May15 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 0.00 0.00 0.00

XMAD:PVA vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, Pescanova'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.


Pescanova Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XMAD:PVA
15GF Score
Pescanova SA XMAD:PVA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pescanova 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.

Pescanova's Cyclically Adjusted Book per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Pescanova's adjusted Book Value per Share data for the fiscal year that ended in Nov25 was:

Adj_Book=Book Value per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=-0.225/127.9600*127.9600
=-0.225

Current CPI (Nov25) = 127.9600.

Pescanova Annual Data

Book Value per Share CPI Adj_Book
201611 0.098 101.241 0.124
201711 0.098 102.928 0.122
201811 0.092 104.663 0.112
201911 0.063 105.091 0.077
202011 0.064 104.235 0.079
202111 0.065 109.984 0.076
202211 -0.175 117.474 -0.191
202311 -0.198 121.270 -0.209
202411 -0.222 124.192 -0.229
202511 -0.225 127.960 -0.225

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.

Is Pescanova (XMAD:PVA) Overvalued in 2026?

Based on GuruFocus' analysis, Pescanova stock appears to be undervalued. The current stock price of €0.24 is trading 34.6% below its estimated GF Value™ of €0.37. GuruFocus considers Pescanova to be Possible Value Trap.

Key valuation signals for XMAD:PVA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.37 vs. price of €0.24 (34.6% below fair value)
  • GF Score™: 15/100 with 4 warning signs

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


Pescanova Business Description

Other Exchanges 0FQS:UKPNV:Germany
Address Rua Jose Fernandez Lopez, Pontevedra, ESP, 36320
Pescanova SA through its engages in the fishing business. It is involved in the aquafarming and industrial exploitation of sea products. Its main activities include production, processing and distribution of fish as food products.
15GF Score

Get the complete analysis for XMAD:PVA

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

€0.24
Price
€0.37
GF Value