Excelsior Alimentos (BSP:BAUH4) Cyclically Adjusted Book per Share: R$20.06 (As of Mar. 2026)


BSP:BAUH4 Excelsior Alimentos SA BSP:BAUH4
78 GF Score
Price R$93.90
GF Value R$102.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Excelsior Alimentos Cyclically Adjusted Book per Share?

Excelsior Alimentos BSP:BAUH4 78 Cyclically Adjusted Book per Share is R$20.06 as of Mar. 2026. GuruFocus rates BSP:BAUH4 with a GF Score™ of 78/100 and a GF Value™ of R$102.90 (Fairly Valued). The stock has 3 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.

Excelsior Alimentos's adjusted book value per share for the three months ended in Mar. 2026 was R$28.375. 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$20.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Excelsior Alimentos's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.80% 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 Excelsior Alimentos was 25.70% per year. The lowest was 15.30% per year. And the median was 20.05% per year.

As of today (2026-07-07), Excelsior Alimentos's current stock price is R$93.90. Excelsior Alimentos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$20.06. Excelsior Alimentos's Cyclically Adjusted PB Ratio of today is 4.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Excelsior Alimentos was 16.32. The lowest was 4.51. And the median was 5.97.


Excelsior Alimentos  (BSP:BAUH4) 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.

Excelsior Alimentos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=93.90/20.06
=4.68

* 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 Excelsior Alimentos was 16.32. The lowest was 4.51. And the median was 5.97.


Be Aware

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


Excelsior Alimentos Cyclically Adjusted Book per Share Related Terms


Excelsior Alimentos Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Excelsior Alimentos'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.

Excelsior Alimentos Cyclically Adjusted Book per Share Chart

Excelsior Alimentos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 12.54 14.54 16.74 19.22

Excelsior Alimentos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 17.50 18.09 18.65 19.22 20.06

BSP:BAUH4 vs KHC, GIS, HRL: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Excelsior Alimentos'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.


Excelsior Alimentos Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


BSP:BAUH4
78GF Score
Excelsior Alimentos SA BSP:BAUH4
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excelsior Alimentos 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, Excelsior Alimentos'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)
=28.375/175.0655*175.0655
=28.375

Current CPI (Mar. 2026) = 175.0655.

Excelsior Alimentos Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.076 108.851 9.772
201609 6.448 109.986 10.263
201612 6.568 110.802 10.377
201703 6.903 111.869 10.803
201706 7.679 112.115 11.991
201709 7.976 112.777 12.381
201712 7.944 114.068 12.192
201803 8.399 114.868 12.801
201806 8.719 117.038 13.042
201809 9.481 117.881 14.080
201812 9.412 118.340 13.924
201903 12.549 120.124 18.289
201906 13.320 120.977 19.275
201909 13.903 121.292 20.067
201912 13.739 123.436 19.486
202003 14.545 124.092 20.520
202006 14.984 123.557 21.231
202009 15.770 125.095 22.069
202012 17.587 129.012 23.865
202103 18.022 131.660 23.963
202106 18.609 133.871 24.335
202109 18.874 137.913 23.959
202112 18.926 141.992 23.334
202203 19.344 146.537 23.110
202206 20.268 149.784 23.689
202209 20.619 147.800 24.423
202212 17.504 150.207 20.401
202303 18.083 153.352 20.643
202306 18.387 154.519 20.832
202309 18.926 155.464 21.312
202312 20.111 157.148 22.404
202403 21.029 159.372 23.100
202406 21.795 161.052 23.692
202409 22.935 162.342 24.732
202412 23.881 164.740 25.378
202503 24.976 168.102 26.011
202506 26.022 169.670 26.850
202509 27.115 170.739 27.802
202512 27.195 171.765 27.718
202603 28.375 175.066 28.375

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$20.06 mean?
Excelsior Alimentos (BSP:BAUH4) has a Cyclically Adjusted Book per Share of R$20.06 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 Excelsior Alimentos and its competitors.
Is Excelsior Alimentos' Cyclically Adjusted Book per Share too high?
Excelsior Alimentos' current Cyclically Adjusted Book per Share is R$20.06. Overall, Excelsior Alimentos has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Excelsior Alimentos' Cyclically Adjusted Book per Share compare to KHC and GIS?
Excelsior Alimentos' Cyclically Adjusted Book per Share of R$20.06 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 Excelsior Alimentos and its competitors. Excelsior Alimentos's current Cyclically Adjusted Book per Share is R$20.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excelsior Alimentos stock overvalued right now?
Based on GuruFocus' analysis, Excelsior Alimentos (BSP:BAUH4) is currently considered Fairly Valued. The stock's GF Value™ is R$102.90, compared to a current price of R$93.90 — trading 8.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$20.06. Excelsior Alimentos' overall GF Score™ is 78/100 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 Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Excelsior Alimentos (BSP:BAUH4), the current Cyclically Adjusted Book per Share is R$20.06 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 Excelsior Alimentos (BSP:BAUH4) Overvalued in 2026?

Based on GuruFocus' analysis, Excelsior Alimentos stock appears to be undervalued. The current stock price of R$93.90 is trading 8.7% below its estimated GF Value™ of R$102.90. GuruFocus considers Excelsior Alimentos to be Fairly Valued.

Key valuation signals for BSP:BAUH4:

  • Cyclically Adjusted Book per Share: R$20.06
  • GF Value™: R$102.90 vs. price of R$93.90 (8.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the BSP:BAUH4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excelsior Alimentos Business Description

Address Baron Street Arroyo Grande, 192, Bairro Arroio Grande, Santa Cruz do Sul, RS, BRA, 96830504
Excelsior Alimentos SA produces processed pork and chicken products in Brazil. The company offers pâté in tubes, sausages, hams, cold cuts, mortadellas, pâtés, pizzas, cheese breads, morcelas, lasagnas, hamburgers, and cold fries. It distributes its products through retailers, distributors, resellers, and small commercial stores.
78GF Score

Get the complete analysis for BSP:BAUH4

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

R$93.90
Price
R$102.90
GF Value