DTCOM - Direct To Co (BSP:DTCY3) Cyclically Adjusted Book per Share: R$0.15 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:DTCY3 DTCOM - Direct To Co SA BSP:DTCY3
43 GF Score
Price R$2.00
GF Value R$4.03
Valuation Possible Value Trap
! 4 Warning Signs
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What is DTCOM - Direct To Co Cyclically Adjusted Book per Share?

DTCOM - Direct To Co BSP:DTCY3 43 Cyclically Adjusted Book per Share is R$0.15 as of Jun. 2026. GuruFocus rates BSP:DTCY3 with a GF Score™ of 43/100 and a GF Value™ of R$4.03 (Possible Value Trap). The stock has 4 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.

DTCOM - Direct To Co's adjusted book value per share for the three months ended in Jun. 2026 was R$-0.018. 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$0.15 for the trailing ten years ended in Jun. 2026.

During the past 12 months, DTCOM - Direct To Co's average Cyclically Adjusted Book Growth Rate was -16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -23.70% 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 DTCOM - Direct To Co was -20.60% per year. The lowest was -30.30% per year. And the median was -26.00% per year.

As of today (2026-08-29), DTCOM - Direct To Co's current stock price is R$2.00. DTCOM - Direct To Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$0.15. DTCOM - Direct To Co's Cyclically Adjusted PB Ratio of today is 13.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DTCOM - Direct To Co was 82.22. The lowest was 11.11. And the median was 16.11.


DTCOM - Direct To Co  (BSP:DTCY3) 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.

DTCOM - Direct To Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.00/0.15
=13.33

* 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 DTCOM - Direct To Co was 82.22. The lowest was 11.11. And the median was 16.11.


Be Aware

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


DTCOM - Direct To Co Cyclically Adjusted Book per Share Related Terms


DTCOM - Direct To Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for DTCOM - Direct To Co'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.

DTCOM - Direct To Co Cyclically Adjusted Book per Share Chart

DTCOM - Direct To Co 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 0.56 0.42 0.27 0.19 0.17

DTCOM - Direct To Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.18 0.18 0.17 0.16 0.15

BSP:DTCY3 vs VZ, TMUS, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, DTCOM - Direct To Co'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.


DTCOM - Direct To Co Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, DTCOM - Direct To Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DTCOM - Direct To Co's Cyclically Adjusted PB Ratio falls into.


BSP:DTCY3
43GF Score
DTCOM - Direct To Co SA BSP:DTCY3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DTCOM - Direct To Co 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, DTCOM - Direct To Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.018/177.5443*177.5443
=-0.018

Current CPI (Jun. 2026) = 177.5443.

DTCOM - Direct To Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.053 109.986 0.086
201612 0.294 110.802 0.471
201703 0.337 111.869 0.535
201706 0.266 112.115 0.421
201709 -0.102 112.777 -0.161
201712 0.020 114.068 0.031
201803 -0.135 114.868 -0.209
201806 -0.186 117.038 -0.282
201809 -0.385 117.881 -0.580
201812 0.738 118.340 1.107
201903 0.482 120.124 0.712
201906 0.102 120.977 0.150
201909 -0.101 121.292 -0.148
201912 0.534 123.436 0.768
202003 0.693 124.092 0.992
202006 0.911 123.557 1.309
202009 0.772 125.095 1.096
202012 0.648 129.012 0.892
202103 0.420 131.660 0.566
202106 0.228 133.871 0.302
202109 0.140 137.913 0.180
202112 0.021 141.992 0.026
202203 -0.087 146.537 -0.105
202206 -0.205 149.784 -0.243
202209 -0.210 147.800 -0.252
202212 -0.004 150.207 -0.005
202303 -0.050 153.352 -0.058
202306 -0.033 154.519 -0.038
202309 -0.149 155.464 -0.170
202312 -0.359 157.148 -0.406
202403 -0.394 159.372 -0.439
202406 -0.435 161.052 -0.480
202409 -0.448 162.342 -0.490
202412 0.112 164.740 0.121
202503 0.102 168.102 0.108
202506 0.060 169.670 0.063
202509 0.111 170.739 0.115
202512 0.085 171.765 0.088
202603 0.044 175.066 0.045
202606 -0.018 177.544 -0.018

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$0.15 mean?
DTCOM - Direct To Co (BSP:DTCY3) has a Cyclically Adjusted Book per Share of R$0.15 as of Jun. 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 DTCOM - Direct To Co and its competitors.
Is DTCOM - Direct To Co's Cyclically Adjusted Book per Share too high?
DTCOM - Direct To Co's current Cyclically Adjusted Book per Share is R$0.15. Overall, DTCOM - Direct To Co has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DTCOM - Direct To Co's Cyclically Adjusted Book per Share compare to VZ and TMUS?
DTCOM - Direct To Co's Cyclically Adjusted Book per Share of R$0.15 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services 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 DTCOM - Direct To Co and its competitors. DTCOM - Direct To Co's current Cyclically Adjusted Book per Share is R$0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DTCOM - Direct To Co stock overvalued right now?
Based on GuruFocus' analysis, DTCOM - Direct To Co (BSP:DTCY3) is currently considered Possible Value Trap. The stock's GF Value™ is R$4.03, compared to a current price of R$2.00 — trading 50.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$0.15. DTCOM - Direct To Co's overall GF Score™ is 43/100 with 4 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 DTCOM - Direct To Co (BSP:DTCY3), the current Cyclically Adjusted Book per Share is R$0.15 as of Jun. 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 DTCOM - Direct To Co (BSP:DTCY3) Overvalued in 2026?

Based on GuruFocus' analysis, DTCOM - Direct To Co stock appears to be undervalued. The current stock price of R$2.00 is trading 50.4% below its estimated GF Value™ of R$4.03. GuruFocus considers DTCOM - Direct To Co to be Possible Value Trap.

Key valuation signals for BSP:DTCY3:

  • Cyclically Adjusted Book per Share: R$0.15
  • GF Value™: R$4.03 vs. price of R$2.00 (50.4% below fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the BSP:DTCY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DTCOM - Direct To Co Business Description

Address Av Dom Pedro Ii, 1720, Quatro Barras, PR, BRA, 83420000
DTCOM - Direct To Co SA provides distance learning solutions, corporate communication & satellite telecommunications services. Its offerings include video portals, educational TV channels, & teleconference &videoconference services among others. It produces content for distance education; and provides courseware acquis made by educational experts for educational, interactive, and functional needs. The company also operates WayCO platform, a platform focused on managing the production of content. In addition, it offers corporate solutions for self-development of careers; and develops customized projects for continuing education courses in the online format, as well as executive business administration courses.
43GF Score

Get the complete analysis for BSP:DTCY3

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

R$2.00
Price
R$4.03
GF Value