Raizen (BSP:RAIZ4) Cyclically Adjusted Book per Share: R$1.78 (As of Mar. 2026)


BSP:RAIZ4 Raizen SA BSP:RAIZ4
58 GF Score
Price R$0.35
GF Value R$2.48
Valuation Possible Value Trap
! 9 Warning Signs
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What is Raizen Cyclically Adjusted Book per Share?

Raizen BSP:RAIZ4 -5.41% 58 Cyclically Adjusted Book per Share is R$1.78 as of Mar. 2026. GuruFocus rates BSP:RAIZ4 with a GF Score™ of 58/100 and a GF Value™ of R$2.48 (Possible Value Trap). 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.

Raizen's adjusted book value per share for the three months ended in Mar. 2026 was R$-0.844. 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$1.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Raizen's average Cyclically Adjusted Book Growth Rate was -3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 Raizen was 2.80% per year. The lowest was 2.80% per year. And the median was 2.80% per year.

As of today (2026-07-13), Raizen's current stock price is R$0.35. Raizen's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$1.78. Raizen's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Raizen was 2.65. The lowest was 0.20. And the median was 1.46.


Raizen  (BSP:RAIZ4) 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.

Raizen's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.35/1.78
=0.20

* 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 Raizen was 2.65. The lowest was 0.20. And the median was 1.46.


Be Aware

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


Raizen Cyclically Adjusted Book per Share Related Terms


Raizen Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Raizen'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.

Raizen Cyclically Adjusted Book per Share Chart

Raizen Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.64 1.75 1.85 1.78

Raizen 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 1.85 1.85 1.85 1.81 1.78

Raizen Cyclically Adjusted Book per Share Competitor Comparison

For the Utilities - Renewable subindustry, Raizen'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.


Raizen Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Raizen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:RAIZ4
58GF Score
Raizen SA BSP:RAIZ4
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raizen 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, Raizen'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)
=-0.844/175.0655*175.0655
=-0.844

Current CPI (Mar. 2026) = 175.0655.

Raizen Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.128 108.851 1.814
201609 1.163 109.986 1.851
201612 1.171 110.802 1.850
201703 1.225 111.869 1.917
201706 1.205 112.115 1.882
201709 1.221 112.777 1.895
201712 1.177 114.068 1.806
201803 1.169 114.868 1.782
201806 1.098 117.038 1.642
201809 1.057 117.881 1.570
201812 1.128 118.340 1.669
201903 1.120 120.124 1.632
201906 1.044 120.977 1.511
201909 1.044 121.292 1.507
201912 1.047 123.436 1.485
202003 1.145 124.092 1.615
202006 1.064 123.557 1.508
202009 1.080 125.095 1.511
202012 1.151 129.012 1.562
202103 0.537 131.660 0.714
202106 1.023 133.871 1.338
202109 1.881 137.913 2.388
202112 1.977 141.992 2.437
202203 2.093 146.537 2.500
202206 2.156 149.784 2.520
202209 2.112 147.800 2.502
202212 2.054 150.207 2.394
202303 2.157 153.352 2.462
202306 2.199 154.519 2.491
202309 2.138 155.464 2.408
202312 2.171 157.148 2.419
202403 2.070 159.372 2.274
202406 2.176 161.052 2.365
202409 2.102 162.342 2.267
202412 1.921 164.740 2.041
202503 1.702 168.102 1.773
202506 1.572 169.670 1.622
202509 1.339 170.739 1.373
202512 -0.154 171.765 -0.157
202603 -0.844 175.066 -0.844

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$1.78 mean?
Raizen (BSP:RAIZ4) has a Cyclically Adjusted Book per Share of R$1.78 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 Raizen and its competitors.
Is Raizen's Cyclically Adjusted Book per Share too high?
Raizen's current Cyclically Adjusted Book per Share is R$1.78. Overall, Raizen has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raizen's Cyclically Adjusted Book per Share compare to competitors?
Raizen's Cyclically Adjusted Book per Share of R$1.78 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Raizen and its competitors. Raizen's current Cyclically Adjusted Book per Share is R$1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raizen stock overvalued right now?
Based on GuruFocus' analysis, Raizen (BSP:RAIZ4) is currently considered Possible Value Trap. The stock's GF Value™ is R$2.48, compared to a current price of R$0.35 — trading 85.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$1.78. Raizen's overall GF Score™ is 58/100 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 Raizen (BSP:RAIZ4), the current Cyclically Adjusted Book per Share is R$1.78 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 Raizen (BSP:RAIZ4) Overvalued in 2026?

Based on GuruFocus' analysis, Raizen stock appears to be undervalued. The current stock price of R$0.35 is trading 85.9% below its estimated GF Value™ of R$2.48. GuruFocus considers Raizen to be Possible Value Trap.

Key valuation signals for BSP:RAIZ4:

  • Cyclically Adjusted Book per Share: R$1.78
  • GF Value™: R$2.48 vs. price of R$0.35 (85.9% below fair value)
  • GF Score™: 58/100 with 9 warning signs

No single metric tells the full story. See the BSP:RAIZ4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raizen Business Description

Address Avenida Afonso Arinos de Melo Franco, 222, Apartment building 2, room 321, Barra da Tijuca, Rio de Janeiro, RJ, BRA
Raizen SA is an integrated energy company. Its operating model involves the production and sale of renewable energy and sugar from sugarcane to the delivery of this energy to different parts of the world. The Company's main activities are the distribution and sale of fossil and renewable fuels, the production and sale of automotive and industrial lubricants, oil refining, and operations related to convenience stores. The company operates in three reportable segments Mobility, Sugar and Renewables. The Marketing and Services segment refers to the trading and sale activities of fossil and renewable fuels and lubricants, through a franchised network of service stations under the Shell brand in all the national territory and Latin America, operating in Argentina and Paraguay.
58GF Score

Get the complete analysis for BSP:RAIZ4

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

R$0.35
Price
R$2.48
GF Value