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CAG (Conagra Brands) Cyclically Adjusted PB Ratio : 1.20 (As of Jul. 07, 2025)


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What is Conagra Brands Cyclically Adjusted PB Ratio?

As of today (2025-07-07), Conagra Brands's current share price is $20.41. Conagra Brands's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was $16.96. Conagra Brands's Cyclically Adjusted PB Ratio for today is 1.20.

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

CAG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.55   Max: 3.53
Current: 1.24

During the past years, Conagra Brands's highest Cyclically Adjusted PB Ratio was 3.53. The lowest was 1.20. And the median was 2.55.

CAG's Cyclically Adjusted PB Ratio is ranked better than
55.09% of 1405 companies
in the Consumer Packaged Goods industry
Industry Median: 1.37 vs CAG: 1.24

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.

Conagra Brands's adjusted book value per share data for the three months ended in Feb. 2025 was $18.391. 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 $16.96 for the trailing ten years ended in Feb. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Conagra Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Conagra Brands'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 members only.

Conagra Brands Cyclically Adjusted PB Ratio Chart

Conagra Brands Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.84 2.20 2.20 1.81

Conagra Brands Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.72 1.81 1.88 1.65 1.51

Competitive Comparison of Conagra Brands's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Conagra Brands'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.


Conagra Brands's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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


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Conagra Brands 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.41/16.96
=1.20

* 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.

Conagra Brands's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 is calculated as:

For example, Conagra Brands's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book=Book Value per Share/CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=18.391/134.6241*134.6241
=18.391

Current CPI (Feb. 2025) = 134.6241.

Conagra Brands Quarterly Data

Book Value per Share CPI Adj_Book
201505 10.570 100.333 14.183
201508 7.769 100.548 10.402
201511 7.910 100.135 10.634
201602 8.372 100.040 11.266
201605 8.477 101.355 11.259
201608 8.494 101.617 11.253
201611 10.217 101.829 13.507
201702 9.921 102.779 12.995
201705 9.581 103.256 12.492
201708 9.287 103.587 12.070
201711 9.229 104.072 11.938
201802 9.454 105.052 12.115
201805 9.406 106.148 11.929
201808 9.538 106.383 12.070
201811 14.875 106.338 18.832
201902 15.173 106.649 19.153
201905 15.192 108.048 18.929
201908 15.288 108.245 19.014
201911 15.637 108.519 19.399
202002 15.983 109.139 19.715
202005 16.167 108.175 20.120
202008 16.625 109.662 20.409
202011 17.176 109.793 21.060
202102 17.193 110.968 20.858
202105 17.806 113.576 21.106
202108 17.839 115.421 20.807
202111 18.093 117.269 20.771
202202 18.285 119.703 20.564
202205 18.305 123.323 19.982
202208 17.745 124.958 19.118
202211 18.183 125.607 19.488
202302 18.591 126.928 19.718
202305 18.315 128.314 19.216
202308 18.588 129.538 19.318
202311 18.837 129.548 19.575
202402 19.150 130.930 19.690
202405 17.651 132.509 17.933
202408 18.219 132.816 18.467
202411 18.438 133.110 18.648
202502 18.391 134.624 18.391

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.


Conagra Brands  (NYSE:CAG) 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.


Conagra Brands Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Conagra Brands's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Conagra Brands Business Description

Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Executives
Thomas M Mcgough officer: EVP and Co-COO C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS 1-330, OMAHA NE 68102
Charisse Brock officer: EVP, Chief HR Officer C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
Richard H Lenny director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Francisco Fraga director 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
William Eric Johnson officer: SVP, Corporate Controller 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Robert G Wise officer: SVP, Corporate Controller C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, OMAHA NE 68102
Carey Bartell officer: EVP, GC and Corp. Secretary C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Denise Paulonis director 8000 BENT BRANCH DRIVE, IRVING TX 75063
Emanuel Chirico director 7 NEW YORK PLACE, BRONSVILLE NY 10708
Batcheler Colleen officer: SVP and General Counsel ONE CONAGRA DRIVE, OMAHA NE 68102
Darren Serrao officer: EVP and Co-COO C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
George Dowdie director C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE 1300, CHICAGO IL 60654
Fran Horowitz-bonadies director 6301 FITCH PATH, NEW ALBANY OH 43054
Alexandre Eboli officer: EVP,Chief Supply Chain Officer C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153