LOG Commercial Properties Participacoes (BSP:LOGG3) Cyclically Adjusted Book per Share: R$40.17 (As of Mar. 2026)

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BSP:LOGG3 LOG Commercial Properties Participacoes SA BSP:LOGG3
90 GF Score
Price R$26.11
GF Value R$27.46
Valuation Fairly Valued
! 5 Warning Signs
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What is LOG Commercial Properties Participacoes Cyclically Adjusted Book per Share?

LOG Commercial Properties Participacoes BSP:LOGG3 -3.01% 90 Cyclically Adjusted Book per Share is R$40.17 as of Mar. 2026. GuruFocus rates BSP:LOGG3 with a GF Score™ of 90/100 and a GF Value™ of R$27.46 (Fairly Valued). The stock has 5 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.

LOG Commercial Properties Participacoes's adjusted book value per share for the three months ended in Mar. 2026 was R$42.802. 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$40.17 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LOG Commercial Properties Participacoes's average Cyclically Adjusted Book Growth Rate was 12.20% 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.

As of today (2026-07-14), LOG Commercial Properties Participacoes's current stock price is R$26.11. LOG Commercial Properties Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$40.17. LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LOG Commercial Properties Participacoes was 0.87. The lowest was 0.48. And the median was 0.67.


LOG Commercial Properties Participacoes  (BSP:LOGG3) 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.

LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.11/40.17
=0.65

* 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 LOG Commercial Properties Participacoes was 0.87. The lowest was 0.48. And the median was 0.67.


Be Aware

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


LOG Commercial Properties Participacoes Cyclically Adjusted Book per Share Related Terms


LOG Commercial Properties Participacoes Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for LOG Commercial Properties Participacoes'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.

LOG Commercial Properties Participacoes Cyclically Adjusted Book per Share Chart

LOG Commercial Properties Participacoes 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 0.00 0.00 31.70 34.40 38.72

LOG Commercial Properties Participacoes 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 35.80 36.85 37.82 38.72 40.17

BSP:LOGG3 vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, LOG Commercial Properties Participacoes'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.


LOG Commercial Properties Participacoes Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where LOG Commercial Properties Participacoes's Cyclically Adjusted PB Ratio falls into.


BSP:LOGG3
90GF Score
LOG Commercial Properties Participacoes SA BSP:LOGG3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LOG Commercial Properties Participacoes 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, LOG Commercial Properties Participacoes'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)
=42.802/175.0655*175.0655
=42.802

Current CPI (Mar. 2026) = 175.0655.

LOG Commercial Properties Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.825 108.851 14.193
201609 8.863 109.986 14.107
201612 10.324 110.802 16.312
201703 10.365 111.869 16.220
201706 30.278 112.115 47.279
201709 27.532 112.777 42.738
201712 29.175 114.068 44.776
201803 30.630 114.868 46.682
201806 30.815 117.038 46.093
201809 31.024 117.881 46.074
201812 31.016 118.340 45.883
201903 30.612 120.124 44.613
201906 30.833 120.977 44.618
201909 31.135 121.292 44.938
201912 28.768 123.436 40.801
202003 28.974 124.092 40.876
202006 29.227 123.557 41.411
202009 29.901 125.095 41.845
202012 29.959 129.012 40.653
202103 31.037 131.660 41.269
202106 31.797 133.871 41.582
202109 32.798 137.913 41.634
202112 32.752 141.992 40.381
202203 34.057 146.537 40.687
202206 35.096 149.784 41.020
202209 36.269 147.800 42.960
202212 35.880 150.207 41.818
202303 36.162 153.352 41.282
202306 36.504 154.519 41.358
202309 37.015 155.464 41.682
202312 37.136 157.148 41.370
202403 37.416 159.372 41.100
202406 38.869 161.052 42.251
202409 41.078 162.342 44.297
202412 41.204 164.740 43.787
202503 42.218 168.102 43.967
202506 42.992 169.670 44.359
202509 44.049 170.739 45.165
202512 41.258 171.765 42.051
202603 42.802 175.066 42.802

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$40.17 mean?
LOG Commercial Properties Participacoes (BSP:LOGG3) has a Cyclically Adjusted Book per Share of R$40.17 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 LOG Commercial Properties Participacoes and its competitors.
Is LOG Commercial Properties Participacoes' Cyclically Adjusted Book per Share too high?
LOG Commercial Properties Participacoes' current Cyclically Adjusted Book per Share is R$40.17. Overall, LOG Commercial Properties Participacoes has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LOG Commercial Properties Participacoes' Cyclically Adjusted Book per Share compare to CBRE and BEKE?
LOG Commercial Properties Participacoes' Cyclically Adjusted Book per Share of R$40.17 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate 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 LOG Commercial Properties Participacoes and its competitors. LOG Commercial Properties Participacoes's current Cyclically Adjusted Book per Share is R$40.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LOG Commercial Properties Participacoes stock overvalued right now?
Based on GuruFocus' analysis, LOG Commercial Properties Participacoes (BSP:LOGG3) is currently considered Fairly Valued. The stock's GF Value™ is R$27.46, compared to a current price of R$26.11 — trading 4.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$40.17. LOG Commercial Properties Participacoes' overall GF Score™ is 90/100 with 5 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 LOG Commercial Properties Participacoes (BSP:LOGG3), the current Cyclically Adjusted Book per Share is R$40.17 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 LOG Commercial Properties Participacoes (BSP:LOGG3) Overvalued in 2026?

Based on GuruFocus' analysis, LOG Commercial Properties Participacoes stock appears to be undervalued. The current stock price of R$26.11 is trading 4.9% below its estimated GF Value™ of R$27.46. GuruFocus considers LOG Commercial Properties Participacoes to be Fairly Valued.

Key valuation signals for BSP:LOGG3:

  • Cyclically Adjusted Book per Share: R$40.17
  • GF Value™: R$27.46 vs. price of R$26.11 (4.9% below fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the BSP:LOGG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LOG Commercial Properties Participacoes Business Description

Address 621 Professor Mario Werneck Avenue, 10th Floor, Estoril, Belo Horizonte, MG, BRA, 30455-610
LOG Commercial Properties Participacoes SA is engaged in the following activities: (i) management of own and third party assets; (ii) rendering engineering and construction services for residential and/or commercial properties; (iii) development, construction, rent and related services, including real estate consulting, on own or third-party residential and/or commercial buildings, mainly warehouses; (iv) intermediation in the supply of goods and services in the commercial real estate segment; and (v) holding interests in other entities, either as partner or shareholder. The majority of the company's revenue is derived in the form of Rental revenue.
90GF Score

Get the complete analysis for BSP:LOGG3

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

R$26.11
Price
R$27.46
GF Value