Bell Food Group (XSWX:BELL) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 14, 2026) — 45% Below Median

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XSWX:BELL Bell Food Group Ltd XSWX:BELL
58 GF Score
Price CHF179.40
GF Value CHF286.68
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Bell Food Group Cyclically Adjusted PB Ratio?

Bell Food Group XSWX:BELL +1.01% 58 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 14, 2026, which is 45% below its 10-year median of 1.42. GuruFocus rates XSWX:BELL with a GF Score™ of 58/100 and a GF Value™ of CHF286.68 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,445 Consumer Packaged Goods companies, Bell Food Group ranks better than 69.2% on this metric.

As of today (2026-07-14), Bell Food Group's current share price is CHF179.40. Bell Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF229.07. Bell Food Group's Cyclically Adjusted PB Ratio for today is 0.78.

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

XSWX:BELL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.42   Max: 2.81
Current: 0.78

During the past 13 years, Bell Food Group's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 0.75. And the median was 1.42.

XSWX:BELL's Cyclically Adjusted PB Ratio is ranked better than
69.2% of 1445 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs XSWX:BELL: 0.78

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.

Bell Food Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF257.727. 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 CHF229.07 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bell Food Group  (XSWX:BELL) 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.


Bell Food Group Cyclically Adjusted PB Ratio Related Terms


Bell Food Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bell Food Group'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.

Bell Food Group Cyclically Adjusted PB Ratio Chart

Bell Food Group 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 1.54 1.17 1.19 1.18 0.98

Bell Food Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.19 0.00 1.18 0.00 0.98

XSWX:BELL vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Bell Food Group'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.


Bell Food Group Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


XSWX:BELL
58GF Score
Bell Food Group Ltd XSWX:BELL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bell Food Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=179.40/229.07
=0.78

* 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.

Bell Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Bell Food Group's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=257.727/107.2000*107.2000
=257.727

Current CPI (Dec25) = 107.2000.

Bell Food Group Annual Data

Book Value per Share CPI Adj_Book
201612 192.469 99.380 207.615
201712 171.575 100.213 183.537
201812 205.351 100.906 218.160
201912 205.116 101.063 217.571
202012 217.410 100.241 232.504
202112 225.215 101.776 237.219
202212 234.539 104.666 240.217
202312 239.908 106.461 241.573
202412 254.444 107.128 254.615
202512 257.727 107.200 257.727

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 0.78 mean?
Bell Food Group (XSWX:BELL) has a Cyclically Adjusted PB Ratio of 0.78 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 Bell Food Group and its competitors. This is 45% below median its historical median of 1.42. Over the past decade, Bell Food Group's Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.81. According to the industry distribution chart, Bell Food Group ranks #445 out of 1445 companies in the Consumer Packaged Goods industry, placing it in the top 30.8%.
Is Bell Food Group's Cyclically Adjusted PB Ratio too high?
Bell Food Group's current Cyclically Adjusted PB Ratio of 0.78 is 45% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.81. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Bell Food Group's value of 0.78 is 37.6% below this industry median. Based on the distribution chart, Bell Food Group ranks #445 out of 1445 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Bell Food Group has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bell Food Group's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bell Food Group ranks #445 out of 1445 companies for Cyclically Adjusted PB Ratio. This puts Bell Food Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Bell Food Group's value of 0.78 is 37.6% below this benchmark. Historically, Bell Food Group's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 2.81 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.25, Bell Food Group 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 1,445 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. Bell Food Group's current Cyclically Adjusted PB Ratio of 0.78 is 37.6% 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 Bell Food Group 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. Bell Food Group's current Cyclically Adjusted PB Ratio is 0.78, which is 45% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Food Group stock overvalued right now?
Based on GuruFocus' analysis, Bell Food Group (XSWX:BELL) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF286.68, compared to a current price of CHF179.40 — trading 37.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 45% below median its 10-year median of 1.42 and 37.6% below the Consumer Packaged Goods industry median of 1.25. Bell Food Group's overall GF Score™ is 58/100 with 1 warning sign 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 Bell Food Group (XSWX:BELL), the current Cyclically Adjusted PB Ratio is 0.78 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 Bell Food Group (XSWX:BELL) Overvalued in 2026?

Based on GuruFocus' analysis, Bell Food Group stock appears to be undervalued. The current stock price of CHF179.40 is trading 37.4% below its estimated GF Value™ of CHF286.68. GuruFocus considers Bell Food Group to be Significantly Undervalued.

Key valuation signals for XSWX:BELL:

  • Cyclically Adjusted PB Ratio: 0.78 (45% below median its 10-year median of 1.42)
  • GF Value™: CHF286.68 vs. price of CHF179.40 (37.4% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 37.6% below the Consumer Packaged Goods median (#445 of 1445)

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


Bell Food Group Business Description

Other Exchanges BELLz:UK0RFX:UKBWGA:Germany
Address Elsasserstrasse 174, Basel, CHE, 4056
Bell Food Group Ltd is a food processor that provides meat, charcuterie, poultry, and convenience products. Bell operates in five divisions: Bell Switzerland, supplying retailers, wholesalers, food service, and food processing; Bell international, operating in Germany, Austria, France, Poland, and other European countries; and Eisberg, Hilcona, Hugli, Hubers/Sutag. Bell Switzerland represents maximum of the company's income.
58GF Score

Get the complete analysis for XSWX:BELL

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

CHF179.40
Price
CHF286.68
GF Value