Grimoldi (BUE:GRIM) Cyclically Adjusted Book per Share: ARS570.31 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:GRIM Grimoldi SA BUE:GRIM
59 GF Score
Price ARS2,225.00
GF Value ARS1,317.38
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Grimoldi Cyclically Adjusted Book per Share?

Grimoldi BUE:GRIM -0.67% 59 Cyclically Adjusted Book per Share is ARS570.31 as of Mar. 2026. GuruFocus rates BUE:GRIM with a GF Score™ of 59/100 and a GF Value™ of ARS1,317.38 (Significantly Overvalued). 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.

Grimoldi's adjusted book value per share for the three months ended in Mar. 2026 was ARS2,687.846. 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 ARS570.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grimoldi's average Cyclically Adjusted Book Growth Rate was 79.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 124.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 118.60% 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 Grimoldi was 142.10% per year. The lowest was 66.70% per year. And the median was 116.80% per year.

As of today (2026-07-14), Grimoldi's current stock price is ARS2225.00. Grimoldi's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS570.31. Grimoldi's Cyclically Adjusted PB Ratio of today is 3.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grimoldi was 10.34. The lowest was 2.02. And the median was 4.98.


Grimoldi  (BUE:GRIM) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2225.00/570.31
=3.90

* 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 Grimoldi was 10.34. The lowest was 2.02. And the median was 4.98.


Be Aware

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


Grimoldi Cyclically Adjusted Book per Share Related Terms


Grimoldi Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grimoldi'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.

Grimoldi Cyclically Adjusted Book per Share Chart

Grimoldi 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 18.76 43.86 112.88 266.27 494.06

Grimoldi 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 318.29 373.54 432.51 494.06 570.31

BUE:GRIM vs NKE, DECK, ONON: Cyclically Adjusted Book per Share Comparison

For the Footwear & Accessories subindustry, Grimoldi'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.


Grimoldi Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grimoldi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BUE:GRIM
59GF Score
Grimoldi SA BUE:GRIM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grimoldi 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, Grimoldi'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)
=2687.846/330.2130*330.2130
=2,687.846

Current CPI (Mar. 2026) = 330.2130.

Grimoldi Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.539 241.018 14.439
201609 11.414 241.428 15.611
201612 11.828 241.432 16.177
201703 12.218 243.801 16.549
201706 11.834 244.955 15.953
201709 12.578 246.819 16.828
201712 27.478 246.524 36.806
201803 14.408 249.554 19.065
201806 12.872 251.989 16.868
201809 11.899 252.439 15.565
201812 32.694 251.233 42.972
201903 22.151 254.202 28.775
201906 22.946 256.143 29.581
201909 23.563 256.759 30.304
201912 36.982 256.974 47.522
202003 26.084 258.115 33.370
202006 24.745 257.797 31.696
202009 22.160 260.280 28.114
202012 36.570 260.474 46.361
202103 28.651 264.877 35.718
202106 35.066 271.696 42.618
202109 42.821 274.310 51.548
202112 117.822 278.802 139.548
202203 81.280 287.504 93.354
202206 116.345 296.311 129.656
202209 153.514 296.808 170.792
202212 629.280 296.797 700.130
202303 280.670 301.836 307.057
202306 372.592 305.109 403.248
202309 545.330 307.789 585.060
202312 1,512.168 306.746 1,627.853
202403 1,049.033 312.332 1,109.090
202406 1,286.099 314.175 1,351.752
202409 1,459.677 315.301 1,528.712
202412 2,212.974 315.605 2,315.403
202503 1,946.152 319.799 2,009.527
202506 2,108.069 322.561 2,158.078
202509 2,264.392 324.800 2,302.130
202512 2,512.984 324.054 2,560.746
202603 2,687.846 330.213 2,687.846

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 ARS570.31 mean?
Grimoldi (BUE:GRIM) has a Cyclically Adjusted Book per Share of ARS570.31 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 Grimoldi and its competitors.
Is Grimoldi's Cyclically Adjusted Book per Share too high?
Grimoldi's current Cyclically Adjusted Book per Share is ARS570.31. Overall, Grimoldi has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grimoldi's Cyclically Adjusted Book per Share compare to NKE and DECK?
Grimoldi's Cyclically Adjusted Book per Share of ARS570.31 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Grimoldi and its competitors. Grimoldi's current Cyclically Adjusted Book per Share is ARS570.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grimoldi stock overvalued right now?
Based on GuruFocus' analysis, Grimoldi (BUE:GRIM) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS1,317.38, compared to a current price of ARS2,225.00 — trading 68.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ARS570.31. Grimoldi's overall GF Score™ is 59/100 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 Grimoldi (BUE:GRIM), the current Cyclically Adjusted Book per Share is ARS570.31 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 Grimoldi (BUE:GRIM) Overvalued in 2026?

Based on GuruFocus' analysis, Grimoldi stock appears to be overvalued. The current stock price of ARS2,225.00 is trading 68.9% above its estimated GF Value™ of ARS1,317.38. GuruFocus considers Grimoldi to be Significantly Overvalued.

Key valuation signals for BUE:GRIM:

  • Cyclically Adjusted Book per Share: ARS570.31
  • GF Value™: ARS1,317.38 vs. price of ARS2,225.00 (68.9% above fair value)
  • GF Score™: 59/100 with 5 warning signs

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


Grimoldi Business Description

Address Florida 251, Buenos Aires, ARG
Grimoldi SA operates in the footwear industry. The company is engaged in the manufacturing and selling of women, men and children footwear, wallets, and related products. Its brands include Hush Puppies, Cat Kickers, Timberland, and Merrell, among others. The company also operates a network of retail stores and outlets.
59GF Score

Get the complete analysis for BUE:GRIM

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

ARS2,225.00
Price
ARS1,317.38
GF Value