Trisul (BSP:TRIS3) Cyclically Adjusted Book per Share: R$5.73 (As of Mar. 2026)


BSP:TRIS3 Trisul SA BSP:TRIS3
92 GF Score
Price R$4.20
GF Value R$6.49
Valuation Possible Value Trap
! 7 Warning Signs
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What is Trisul Cyclically Adjusted Book per Share?

Trisul BSP:TRIS3 -3.00% 92 Cyclically Adjusted Book per Share is R$5.73 as of Mar. 2026. GuruFocus rates BSP:TRIS3 with a GF Score™ of 92/100 and a GF Value™ of R$6.49 (Possible Value Trap). The stock has 7 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.

Trisul's adjusted book value per share for the three months ended in Mar. 2026 was R$6.329. 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$5.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Trisul's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Trisul was 10.00% per year. The lowest was 8.10% per year. And the median was 8.40% per year.

As of today (2026-07-10), Trisul's current stock price is R$4.20. Trisul's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$5.73. Trisul's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Trisul was 3.79. The lowest was 0.52. And the median was 0.99.


Trisul  (BSP:TRIS3) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.20/5.73
=0.73

* 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 Trisul was 3.79. The lowest was 0.52. And the median was 0.99.


Be Aware

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


Trisul Cyclically Adjusted Book per Share Related Terms


Trisul Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Trisul'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.

Trisul Cyclically Adjusted Book per Share Chart

Trisul 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 4.04 4.40 4.74 5.14 5.58

Trisul 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 5.30 5.40 5.50 5.58 5.73

BSP:TRIS3 vs CBRE, BEKE, JLL: Cyclically Adjusted Book per Share Comparison

For the Real Estate Services subindustry, Trisul'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.


Trisul Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


BSP:TRIS3
92GF Score
Trisul SA BSP:TRIS3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trisul 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, Trisul'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)
=6.329/175.0655*175.0655
=6.329

Current CPI (Mar. 2026) = 175.0655.

Trisul Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.637 108.851 4.241
201609 2.648 109.986 4.215
201612 2.655 110.802 4.195
201703 2.666 111.869 4.172
201706 2.635 112.115 4.115
201709 2.685 112.777 4.168
201712 2.748 114.068 4.217
201803 2.816 114.868 4.292
201806 2.887 117.038 4.318
201809 2.998 117.881 4.452
201812 2.952 118.340 4.367
201903 3.092 120.124 4.506
201906 3.220 120.977 4.660
201909 4.270 121.292 6.163
201912 4.307 123.436 6.108
202003 4.436 124.092 6.258
202006 4.554 123.557 6.452
202009 4.724 125.095 6.611
202012 4.801 129.012 6.515
202103 4.946 131.660 6.577
202106 5.074 133.871 6.635
202109 5.203 137.913 6.605
202112 5.158 141.992 6.359
202203 5.200 146.537 6.212
202206 5.239 149.784 6.123
202209 5.281 147.800 6.255
202212 5.328 150.207 6.210
202303 5.445 153.352 6.216
202306 5.529 154.519 6.264
202309 5.627 155.464 6.336
202312 5.690 157.148 6.339
202403 5.818 159.372 6.391
202406 5.919 161.052 6.434
202409 6.093 162.342 6.571
202412 6.248 164.740 6.640
202503 6.424 168.102 6.690
202506 6.573 169.670 6.782
202509 6.794 170.739 6.966
202512 6.207 171.765 6.326
202603 6.329 175.066 6.329

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$5.73 mean?
Trisul (BSP:TRIS3) has a Cyclically Adjusted Book per Share of R$5.73 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 Trisul and its competitors.
Is Trisul's Cyclically Adjusted Book per Share too high?
Trisul's current Cyclically Adjusted Book per Share is R$5.73. Overall, Trisul has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Trisul's Cyclically Adjusted Book per Share compare to CBRE and BEKE?
Trisul's Cyclically Adjusted Book per Share of R$5.73 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 Trisul and its competitors. Trisul's current Cyclically Adjusted Book per Share is R$5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trisul stock overvalued right now?
Based on GuruFocus' analysis, Trisul (BSP:TRIS3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.49, compared to a current price of R$4.20 — trading 35.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$5.73. Trisul's overall GF Score™ is 92/100 with 7 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 Trisul (BSP:TRIS3), the current Cyclically Adjusted Book per Share is R$5.73 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 Trisul (BSP:TRIS3) Overvalued in 2026?

Based on GuruFocus' analysis, Trisul stock appears to be undervalued. The current stock price of R$4.20 is trading 35.3% below its estimated GF Value™ of R$6.49. GuruFocus considers Trisul to be Possible Value Trap.

Key valuation signals for BSP:TRIS3:

  • Cyclically Adjusted Book per Share: R$5.73
  • GF Value™: R$6.49 vs. price of R$4.20 (35.3% below fair value)
  • GF Score™: 92/100 with 7 warning signs

No single metric tells the full story. See the BSP:TRIS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trisul Business Description

Address Alameda dos Jaunas, 70, Indianapolis, Sao Paulo, SP, BRA, 04522-020
Trisul SA mainly operates as a real estate developer and builder in the Sao Paulo metropolitan area of Brazil, focusing on residential projects. It is engaged in real estate development, construction of properties for sale, subdivision of plots of land, and purchase and sale of properties, in addition to holding ownership interests in other companies as a shareholder. It operates in a single segment, real estate development. The majority of the company's revenue is generated from the sale of properties.
92GF Score

Get the complete analysis for BSP:TRIS3

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

R$4.20
Price
R$6.49
GF Value