Besalco (XSGO:BESALCO) Cyclically Adjusted Book per Share: CLP523.63 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

XSGO:BESALCO Besalco SA XSGO:BESALCO
65 GF Score
Price CLP1,230.50
GF Value CLP750.53
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Besalco Cyclically Adjusted Book per Share?

Besalco XSGO:BESALCO 65 Cyclically Adjusted Book per Share is CLP523.63 as of Jun. 2026. GuruFocus rates XSGO:BESALCO with a GF Score™ of 65/100 and a GF Value™ of CLP750.53 (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.

Besalco's adjusted book value per share for the three months ended in Jun. 2026 was CLP668.999. 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 CLP523.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Besalco's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Besalco was 8.00% per year. The lowest was 5.60% per year. And the median was 7.75% per year.

As of today (2026-08-29), Besalco's current stock price is CLP1230.50. Besalco's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CLP523.63. Besalco's Cyclically Adjusted PB Ratio of today is 2.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Besalco was 2.80. The lowest was 0.50. And the median was 1.16.


Besalco  (XSGO:BESALCO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1230.50/523.63
=2.35

* 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 Besalco was 2.80. The lowest was 0.50. And the median was 1.16.


Be Aware

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


Besalco Cyclically Adjusted Book per Share Related Terms


Besalco Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Besalco'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.

Besalco Cyclically Adjusted Book per Share Chart

Besalco 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 376.96 424.95 441.15 469.69 500.32

Besalco 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 485.36 495.82 500.32 511.59 523.63

XSGO:BESALCO vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Besalco'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.


Besalco Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Besalco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSGO:BESALCO
65GF Score
Besalco SA XSGO:BESALCO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Besalco 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, Besalco'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)
=668.999/162.5100*162.5100
=668.999

Current CPI (Jun. 2026) = 162.5100.

Besalco Quarterly Data

Book Value per Share CPI Adj_Book
201609 310.119 104.521 482.177
201612 317.852 104.532 494.148
201703 325.171 105.752 499.694
201706 325.243 105.730 499.907
201709 322.420 106.035 494.142
201712 324.926 106.907 493.923
201803 327.223 107.670 493.891
201806 330.493 108.421 495.368
201809 333.148 109.369 495.019
201812 319.946 109.653 474.175
201903 323.031 110.339 475.768
201906 320.734 111.352 468.087
201909 324.063 111.821 470.964
201912 331.189 112.943 476.537
202003 332.815 114.468 472.496
202006 334.271 114.283 475.332
202009 340.985 115.275 480.708
202012 336.359 116.299 470.011
202103 345.700 117.770 477.030
202106 344.996 118.630 472.605
202109 360.019 121.431 481.812
202112 374.564 124.634 488.394
202203 384.278 128.850 484.663
202206 414.590 133.448 504.877
202209 433.105 138.101 509.656
202212 440.213 140.574 508.906
202303 436.636 143.145 495.704
202306 456.256 143.538 516.563
202309 491.376 145.172 550.062
202312 491.177 146.109 546.313
202403 518.531 148.551 567.258
202406 526.542 149.592 572.011
202409 540.343 151.212 580.715
202412 568.629 152.774 604.865
202503 582.789 155.783 607.955
202506 596.226 155.754 622.088
202509 628.488 157.870 646.960
202512 638.620 158.040 656.683
202603 659.136 160.190 668.682
202606 668.999 162.510 668.999

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 CLP523.63 mean?
Besalco (XSGO:BESALCO) has a Cyclically Adjusted Book per Share of CLP523.63 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 Besalco and its competitors.
Is Besalco's Cyclically Adjusted Book per Share too high?
Besalco's current Cyclically Adjusted Book per Share is CLP523.63. Overall, Besalco has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Besalco's Cyclically Adjusted Book per Share compare to PWR and FIX?
Besalco's Cyclically Adjusted Book per Share of CLP523.63 can be compared against companies in the Construction 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 Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction 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 Besalco and its competitors. Besalco's current Cyclically Adjusted Book per Share is CLP523.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Besalco stock overvalued right now?
Based on GuruFocus' analysis, Besalco (XSGO:BESALCO) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP750.53, compared to a current price of CLP1,230.50 — trading 64% above its estimated fair value. The current Cyclically Adjusted Book per Share is CLP523.63. Besalco's overall GF Score™ is 65/100 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 Besalco (XSGO:BESALCO), the current Cyclically Adjusted Book per Share is CLP523.63 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 Besalco (XSGO:BESALCO) Overvalued in 2026?

Based on GuruFocus' analysis, Besalco stock appears to be overvalued. The current stock price of CLP1,230.50 is trading 64% above its estimated GF Value™ of CLP750.53. GuruFocus considers Besalco to be Significantly Overvalued.

Key valuation signals for XSGO:BESALCO:

  • Cyclically Adjusted Book per Share: CLP523.63
  • GF Value™: CLP750.53 vs. price of CLP1,230.50 (64% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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


Besalco Business Description

Address Ebro 2705, Las Condes, Santiago, CHL
Besalco SA is a Chile-based holding company. Through its subsidiaries, the company is engaged in the provision of engineering and construction services. The company covers business sectors such as Civil works and industrial construction, Machinery services, Real estate and Concessions and energy. Its activities also include incorporating real estate developments, concessions, industrial assembly works, machinery and mining services, energy and others.
65GF Score

Get the complete analysis for XSGO:BESALCO

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

CLP1,230.50
Price
CLP750.53
GF Value