Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Cyclically Adjusted Book per Share: R$24.74 (As of Mar. 2026)


BSP:AGRO3 Brasilagro - Cia Bras de Prop Agricolas BSP:AGRO3
71 GF Score
Price R$18.40
GF Value R$22.05
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share?

Brasilagro - Cia Bras de Prop Agricolas BSP:AGRO3 +0.38% 71 Cyclically Adjusted Book per Share is R$24.74 as of Mar. 2026. GuruFocus rates BSP:AGRO3 with a GF Score™ of 71/100 and a GF Value™ of R$22.05 (Modestly Undervalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Brasilagro - Cia Bras de Prop Agricolas's adjusted book value per share for the three months ended in Mar. 2026 was R$20.489. 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 R$24.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Brasilagro - Cia Bras de Prop Agricolas's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Brasilagro - Cia Bras de Prop Agricolas was 10.60% per year. The lowest was 5.80% per year. And the median was 8.60% per year.

As of today (2026-07-04), Brasilagro - Cia Bras de Prop Agricolas's current stock price is R$18.40. Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$24.74. Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brasilagro - Cia Bras de Prop Agricolas was 2.03. The lowest was 0.20. And the median was 1.13.


Brasilagro - Cia Bras de Prop Agricolas  (BSP:AGRO3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.40/24.74
=0.74

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Brasilagro - Cia Bras de Prop Agricolas was 2.03. The lowest was 0.20. And the median was 1.13.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Related Terms


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted Book per Share 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.

Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Chart

Brasilagro - Cia Bras de Prop Agricolas Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.62 20.36 21.44 22.58 24.10

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 23.33 23.88 24.10 24.32 24.74

BSP:AGRO3 vs ADM, BG, TSN: Cyclically Adjusted Book per Share Comparison

For the Farm Products subindustry, Brasilagro - Cia Bras de Prop Agricolas'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.


Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brasilagro - Cia Bras de Prop Agricolas's Cyclically Adjusted PB Ratio falls into.


BSP:AGRO3
71GF Score
Brasilagro - Cia Bras de Prop Agricolas BSP:AGRO3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Brasilagro - Cia Bras de Prop Agricolas Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Brasilagro - Cia Bras de Prop Agricolas'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)
=20.489/175.0655*175.0655
=20.489

Current CPI (Mar. 2026) = 175.0655.

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data

Book Value per Share CPI Adj_Book
201603 12.595 106.979 20.611
201606 12.527 108.851 20.147
201609 12.601 109.986 20.057
201612 21.096 110.802 33.331
201703 21.409 111.869 33.503
201706 12.445 112.115 19.433
201709 0.000 112.777 0.000
201712 12.895 114.068 19.791
201803 13.326 114.868 20.310
201806 14.049 117.038 21.015
201809 16.731 117.881 24.847
201812 16.409 118.340 24.274
201903 16.512 120.124 24.064
201906 16.366 120.977 23.683
201909 17.450 121.292 25.186
201912 17.479 123.436 24.790
202003 18.595 124.092 26.233
202006 18.900 123.557 26.779
202009 20.298 125.095 28.406
202012 19.399 129.012 26.324
202103 21.867 131.660 29.076
202106 22.004 133.871 28.775
202109 23.439 137.913 29.753
202112 24.714 141.992 30.470
202203 24.895 146.537 29.742
202206 22.420 149.784 26.204
202209 23.016 147.800 27.262
202212 20.760 150.207 24.196
202303 20.626 153.352 23.546
202306 22.237 154.519 25.194
202309 22.596 155.464 25.445
202312 19.837 157.148 22.099
202403 19.650 159.372 21.585
202406 21.881 161.052 23.785
202409 22.785 162.342 24.571
202412 22.112 164.740 23.498
202503 21.783 168.102 22.685
202506 21.861 169.670 22.556
202512 20.861 171.765 21.262
202603 20.489 175.066 20.489

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$24.74 mean?
Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) has a Cyclically Adjusted Book per Share of R$24.74 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Brasilagro - Cia Bras de Prop Agricolas and its competitors.
Is Brasilagro - Cia Bras de Prop Agricolas' Cyclically Adjusted Book per Share too high?
Brasilagro - Cia Bras de Prop Agricolas' current Cyclically Adjusted Book per Share is R$24.74. Overall, Brasilagro - Cia Bras de Prop Agricolas has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brasilagro - Cia Bras de Prop Agricolas' Cyclically Adjusted Book per Share compare to ADM and BG?
Brasilagro - Cia Bras de Prop Agricolas' Cyclically Adjusted Book per Share of R$24.74 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Brasilagro - Cia Bras de Prop Agricolas and its competitors. Brasilagro - Cia Bras de Prop Agricolas's current Cyclically Adjusted Book per Share is R$24.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brasilagro - Cia Bras de Prop Agricolas stock overvalued right now?
Based on GuruFocus' analysis, Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$22.05, compared to a current price of R$18.40 — trading 16.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$24.74. Brasilagro - Cia Bras de Prop Agricolas' overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3), the current Cyclically Adjusted Book per Share is R$24.74 as of Mar. 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 Brasilagro - Cia Bras de Prop Agricolas (BSP:AGRO3) Overvalued in 2026?

Based on GuruFocus' analysis, Brasilagro - Cia Bras de Prop Agricolas stock appears to be undervalued. The current stock price of R$18.40 is trading 16.6% below its estimated GF Value™ of R$22.05. GuruFocus considers Brasilagro - Cia Bras de Prop Agricolas to be Modestly Undervalued.

Key valuation signals for BSP:AGRO3:

  • Cyclically Adjusted Book per Share: R$24.74
  • GF Value™: R$22.05 vs. price of R$18.40 (16.6% below fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the BSP:AGRO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brasilagro - Cia Bras de Prop Agricolas Business Description

Other Exchanges LND:USA52BA:Germany
Address Avenida. Reboucas, 2942, 6th floor, Sao Paulo, SP, BRA, 05402-500
Brasilagro - Cia Bras de Prop Agricolas is a Brazil-based company, engaged in the acquisition, development, operation, and sale of rural properties suitable for agricultural activities. The business activity of the firm is operated through Real estate, Grains, Sugarcane, Cattle rising, Cotton, and Other segments. The Grains segment is involved in the production and sale of soybean and corn. The Sugarcane segment includes the sale of raw product. The Real Estate segment presents the P&L from operations carried out in the company's subsidiaries. The Cattle Raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and the Other segment engages in other corporate activities. The majority of revenue is earned from Grain Segment.
71GF Score

Get the complete analysis for BSP:AGRO3

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

R$18.40
Price
R$22.05
GF Value