Valid Solucoes (BSP:VLID3) Cyclically Adjusted Book per Share: R$21.13 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:VLID3 Valid Solucoes SA BSP:VLID3
69 GF Score
Price R$18.31
GF Value R$19.94
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Valid Solucoes Cyclically Adjusted Book per Share?

Valid Solucoes BSP:VLID3 +1.27% 69 Cyclically Adjusted Book per Share is R$21.13 as of Mar. 2026. GuruFocus rates BSP:VLID3 with a GF Score™ of 69/100 and a GF Value™ of R$19.94 (Fairly Valued). 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.

Valid Solucoes's adjusted book value per share for the three months ended in Mar. 2026 was R$21.859. 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$21.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Valid Solucoes's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Valid Solucoes was 8.60% per year. The lowest was 5.70% per year. And the median was 7.30% per year.

As of today (2026-07-15), Valid Solucoes's current stock price is R$18.31. Valid Solucoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$21.13. Valid Solucoes's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Valid Solucoes was 1.60. The lowest was 0.44. And the median was 0.94.


Valid Solucoes  (BSP:VLID3) 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.

Valid Solucoes's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.31/21.13
=0.87

* 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 Valid Solucoes was 1.60. The lowest was 0.44. And the median was 0.94.


Be Aware

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


Valid Solucoes Cyclically Adjusted Book per Share Related Terms


Valid Solucoes Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Valid Solucoes'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.

Valid Solucoes Cyclically Adjusted Book per Share Chart

Valid Solucoes 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 16.60 17.58 18.48 19.86 20.77

Valid Solucoes 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 20.38 20.68 20.71 20.77 21.13

BSP:VLID3 vs CTAS, CPRT, ULS: Cyclically Adjusted Book per Share Comparison

For the Specialty Business Services subindustry, Valid Solucoes'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.


Valid Solucoes Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Valid Solucoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:VLID3
69GF Score
Valid Solucoes SA BSP:VLID3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valid Solucoes 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, Valid Solucoes'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)
=21.859/175.0655*175.0655
=21.859

Current CPI (Mar. 2026) = 175.0655.

Valid Solucoes Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.176 108.851 21.191
201609 13.765 109.986 21.910
201612 13.570 110.802 21.440
201703 13.491 111.869 21.112
201706 15.029 112.115 23.468
201709 13.582 112.777 21.084
201712 13.668 114.068 20.977
201803 13.781 114.868 21.003
201806 14.799 117.038 22.136
201809 15.188 117.881 22.556
201812 14.988 118.340 22.172
201903 15.191 120.124 22.139
201906 15.215 120.977 22.018
201909 16.254 121.292 23.460
201912 15.387 123.436 21.823
202003 17.489 124.092 24.673
202006 16.216 123.557 22.976
202009 16.506 125.095 23.099
202012 15.097 129.012 20.486
202103 15.076 131.660 20.046
202106 13.995 133.871 18.302
202109 15.347 137.913 19.481
202112 15.792 141.992 19.470
202203 14.456 146.537 17.270
202206 15.198 149.784 17.763
202209 15.794 147.800 18.708
202212 15.476 150.207 18.037
202303 16.019 153.352 18.287
202306 16.133 154.519 18.278
202309 16.957 155.464 19.095
202312 16.205 157.148 18.053
202403 19.195 159.372 21.085
202406 20.596 161.052 22.388
202409 21.148 162.342 22.805
202412 22.677 164.740 24.098
202503 22.248 168.102 23.170
202506 22.102 169.670 22.805
202509 21.940 170.739 22.496
202512 21.755 171.765 22.173
202603 21.859 175.066 21.859

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$21.13 mean?
Valid Solucoes (BSP:VLID3) has a Cyclically Adjusted Book per Share of R$21.13 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 Valid Solucoes and its competitors.
Is Valid Solucoes' Cyclically Adjusted Book per Share too high?
Valid Solucoes' current Cyclically Adjusted Book per Share is R$21.13. Overall, Valid Solucoes has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Valid Solucoes' Cyclically Adjusted Book per Share compare to CTAS and CPRT?
Valid Solucoes' Cyclically Adjusted Book per Share of R$21.13 can be compared against companies in the Business 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 Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business 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 Valid Solucoes and its competitors. Valid Solucoes's current Cyclically Adjusted Book per Share is R$21.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valid Solucoes stock overvalued right now?
Based on GuruFocus' analysis, Valid Solucoes (BSP:VLID3) is currently considered Fairly Valued. The stock's GF Value™ is R$19.94, compared to a current price of R$18.31 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$21.13. Valid Solucoes' overall GF Score™ is 69/100 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 Valid Solucoes (BSP:VLID3), the current Cyclically Adjusted Book per Share is R$21.13 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 Valid Solucoes (BSP:VLID3) Overvalued in 2026?

Based on GuruFocus' analysis, Valid Solucoes stock appears to be undervalued. The current stock price of R$18.31 is trading 8.2% below its estimated GF Value™ of R$19.94. GuruFocus considers Valid Solucoes to be Fairly Valued.

Key valuation signals for BSP:VLID3:

  • Cyclically Adjusted Book per Share: R$21.13
  • GF Value™: R$19.94 vs. price of R$18.31 (8.2% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the BSP:VLID3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valid Solucoes Business Description

Address 511 - Ipanema das Pedras, Rua Laura Maiello Kook, Sorocaba, SP, BRA, 18052-445
Valid Solucoes SA Formerly Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao is engaged in the printing industry, which includes systems that include electronic, plastic, and magnetic cards, card encoding, and development, implementation, and execution of electronic document management projects. The reporting segment is Means Of Payment, which consists of cards for purposes like payments, identification, and customization. The identification segment provides physical and electronic solutions. The mobile segment offers solutions like instant lottery tickets, digital certification that offers products, services, consulting, and technology for the issue, and the use of private and Brazilian government-certified digital certificates.
69GF Score

Get the complete analysis for BSP:VLID3

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

R$18.31
Price
R$19.94
GF Value