International Meal Co Alimentacao (BSP:MEAL3) Cyclically Adjusted Book per Share: R$6.26 (As of Jun. 2026)

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BSP:MEAL3 International Meal Co Alimentacao SA BSP:MEAL3
48 GF Score
Price R$0.66
GF Value R$1.49
Valuation Possible Value Trap
! 3 Warning Signs
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What is International Meal Co Alimentacao Cyclically Adjusted Book per Share?

International Meal Co Alimentacao BSP:MEAL3 48 Cyclically Adjusted Book per Share is R$6.26 as of Jun. 2026. GuruFocus rates BSP:MEAL3 with a GF Score™ of 48/100 and a GF Value™ of R$1.49 (Possible Value Trap). 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.

International Meal Co Alimentacao's adjusted book value per share for the three months ended in Jun. 2026 was R$2.624. 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$6.26 for the trailing ten years ended in Jun. 2026.

During the past 12 months, International Meal Co Alimentacao's average Cyclically Adjusted Book Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.30% 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 International Meal Co Alimentacao was -4.30% per year. The lowest was -13.10% per year. And the median was -9.00% per year.

As of today (2026-09-04), International Meal Co Alimentacao's current stock price is R$0.66. International Meal Co Alimentacao's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$6.26. International Meal Co Alimentacao's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of International Meal Co Alimentacao was 0.78. The lowest was 0.09. And the median was 0.22.


International Meal Co Alimentacao  (BSP:MEAL3) 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.

International Meal Co Alimentacao's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.66/6.26
=0.11

* 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 International Meal Co Alimentacao was 0.78. The lowest was 0.09. And the median was 0.22.


Be Aware

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


International Meal Co Alimentacao Cyclically Adjusted Book per Share Related Terms


International Meal Co Alimentacao Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for International Meal Co Alimentacao'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.

International Meal Co Alimentacao Cyclically Adjusted Book per Share Chart

International Meal Co Alimentacao 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 10.71 9.83 8.74 7.60 6.46

International Meal Co Alimentacao 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 7.04 6.66 6.46 6.37 6.26

BSP:MEAL3 vs MCD, SBUX, CMG: Cyclically Adjusted Book per Share Comparison

For the Restaurants subindustry, International Meal Co Alimentacao'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.


International Meal Co Alimentacao Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, International Meal Co Alimentacao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Meal Co Alimentacao's Cyclically Adjusted PB Ratio falls into.


BSP:MEAL3
48GF Score
International Meal Co Alimentacao SA BSP:MEAL3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Meal Co Alimentacao 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, International Meal Co Alimentacao'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)
=2.624/177.5443*177.5443
=2.624

Current CPI (Jun. 2026) = 177.5443.

International Meal Co Alimentacao Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.842 109.986 11.045
201612 6.361 110.802 10.193
201703 6.221 111.869 9.873
201706 6.384 112.115 10.110
201709 6.152 112.777 9.685
201712 6.128 114.068 9.538
201803 6.133 114.868 9.479
201806 6.353 117.038 9.637
201809 6.535 117.881 9.843
201812 6.427 118.340 9.642
201903 5.754 120.124 8.504
201906 5.723 120.977 8.399
201909 5.097 121.292 7.461
201912 6.055 123.436 8.709
202003 6.309 124.092 9.027
202006 4.496 123.557 6.460
202009 4.394 125.095 6.236
202012 4.139 129.012 5.696
202103 4.066 131.660 5.483
202106 4.073 133.871 5.402
202109 4.057 137.913 5.223
202112 3.947 141.992 4.935
202203 3.579 146.537 4.336
202206 3.709 149.784 4.396
202209 3.713 147.800 4.460
202212 3.962 150.207 4.683
202303 3.720 153.352 4.307
202306 3.776 154.519 4.339
202309 3.897 155.464 4.450
202312 3.583 157.148 4.048
202403 3.525 159.372 3.927
202406 3.703 161.052 4.082
202409 3.615 162.342 3.954
202412 3.648 164.740 3.932
202503 3.461 168.102 3.655
202506 3.269 169.670 3.421
202509 3.145 170.739 3.270
202512 2.999 171.765 3.100
202603 2.684 175.066 2.722
202606 2.624 177.544 2.624

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$6.26 mean?
International Meal Co Alimentacao (BSP:MEAL3) has a Cyclically Adjusted Book per Share of R$6.26 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 International Meal Co Alimentacao and its competitors.
Is International Meal Co Alimentacao's Cyclically Adjusted Book per Share too high?
International Meal Co Alimentacao's current Cyclically Adjusted Book per Share is R$6.26. Overall, International Meal Co Alimentacao has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does International Meal Co Alimentacao's Cyclically Adjusted Book per Share compare to MCD and SBUX?
International Meal Co Alimentacao's Cyclically Adjusted Book per Share of R$6.26 can be compared against companies in the Restaurants 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 Restaurants company?
A good Cyclically Adjusted Book per Share depends on the Restaurants 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 International Meal Co Alimentacao and its competitors. International Meal Co Alimentacao's current Cyclically Adjusted Book per Share is R$6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Meal Co Alimentacao stock overvalued right now?
Based on GuruFocus' analysis, International Meal Co Alimentacao (BSP:MEAL3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.49, compared to a current price of R$0.66 — trading 55.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$6.26. International Meal Co Alimentacao's overall GF Score™ is 48/100 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 International Meal Co Alimentacao (BSP:MEAL3), the current Cyclically Adjusted Book per Share is R$6.26 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 International Meal Co Alimentacao (BSP:MEAL3) Overvalued in 2026?

Based on GuruFocus' analysis, International Meal Co Alimentacao stock appears to be undervalued. The current stock price of R$0.66 is trading 55.7% below its estimated GF Value™ of R$1.49. GuruFocus considers International Meal Co Alimentacao to be Possible Value Trap.

Key valuation signals for BSP:MEAL3:

  • Cyclically Adjusted Book per Share: R$6.26
  • GF Value™: R$1.49 vs. price of R$0.66 (55.7% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the BSP:MEAL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


International Meal Co Alimentacao Business Description

Address Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902
International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.
48GF Score

Get the complete analysis for BSP:MEAL3

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

R$0.66
Price
R$1.49
GF Value