Invercap INVERCAP (XSGO:INVERCAP) Cyclically Adjusted Book per Share: CLP (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:INVERCAP Invercap SA INVERCAP XSGO:INVERCAP
63 GF Score
Price CLP1,917.50
GF Value CLP1,620.08
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Invercap INVERCAP Cyclically Adjusted Book per Share?

Invercap INVERCAP XSGO:INVERCAP 63 Cyclically Adjusted Book per Share is CLP as of Jun. 2026. GuruFocus rates XSGO:INVERCAP with a GF Score™ of 63/100 and a GF Value™ of CLP1,620.08 (Modestly Overvalued). The stock has 8 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.

Invercap INVERCAP's adjusted book value per share for the three months ended in Jun. 2026 was CLP21,045.300. 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 CLP for the trailing ten years ended in Jun. 2026.

During the past 12 months, Invercap INVERCAP's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.10% 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 Invercap INVERCAP was 17.50% per year. The lowest was 9.20% per year. And the median was 16.05% per year.

As of today (2026-09-21), Invercap INVERCAP's current stock price is CLP1917.50. Invercap INVERCAP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CLP. Invercap INVERCAP's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Invercap INVERCAP was 1.24. The lowest was 0.25. And the median was 0.54.


Invercap INVERCAP  (XSGO:INVERCAP) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Invercap INVERCAP was 1.24. The lowest was 0.25. And the median was 0.54.


Be Aware

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


Invercap INVERCAP Cyclically Adjusted Book per Share Related Terms


Invercap INVERCAP Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Invercap INVERCAP'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.

Invercap INVERCAP Cyclically Adjusted Book per Share Chart

Invercap INVERCAP 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 - - - - -

Invercap INVERCAP 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 - - - - -

XSGO:INVERCAP vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Invercap INVERCAP'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.


Invercap INVERCAP Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Invercap INVERCAP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSGO:INVERCAP
63GF Score
Invercap SA INVERCAP XSGO:INVERCAP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Invercap INVERCAP 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, Invercap INVERCAP'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)
=21045.3/162.5100*162.5100
=21,045.300

Current CPI (Jun. 2026) = 162.5100.

Invercap INVERCAP Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,563.243 104.521 3,985.360
201612 2,660.180 104.532 4,135.648
201703 2,669.059 105.752 4,101.570
201706 2,674.479 105.730 4,110.746
201709 2,607.585 106.035 3,996.396
201712 2,544.975 106.907 3,868.636
201803 2,532.739 107.670 3,822.767
201806 2,748.316 108.421 4,119.383
201809 2,791.289 109.369 4,147.533
201812 2,931.513 109.653 4,344.636
201903 2,827.520 110.339 4,164.445
201906 2,862.320 111.352 4,177.337
201909 3,046.659 111.821 4,427.736
201912 2,994.469 112.943 4,308.644
202003 3,340.093 114.468 4,741.911
202006 3,534.719 114.283 5,026.353
202009 3,524.465 115.275 4,968.664
202012 3,381.357 116.299 4,724.935
202103 3,997.969 117.770 5,516.784
202106 4,483.494 118.630 6,141.871
202109 5,064.725 121.431 6,778.098
202112 24,547.191 124.634 32,007.054
202203 23,277.688 128.850 29,358.520
202206 27,116.294 133.448 33,021.544
202209 27,641.059 138.101 32,526.616
202212 24,196.752 140.574 27,972.557
202303 22,648.752 143.145 25,712.658
202306 21,886.256 143.538 24,779.120
202309 24,187.728 145.172 27,076.505
202312 24,487.431 146.109 27,236.208
202403 27,066.401 148.551 29,609.849
202406 24,080.314 149.592 26,159.749
202409 22,796.350 151.212 24,499.593
202412 24,524.578 152.774 26,087.432
202503 22,895.043 155.783 23,883.709
202506 22,022.082 155.754 22,977.314
202509 22,523.625 157.870 23,185.623
202512 21,114.309 158.040 21,711.506
202603 21,671.792 160.190 21,985.660
202606 21,045.300 162.510 21,045.300

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 CLP mean?
Invercap INVERCAP (XSGO:INVERCAP) has a Cyclically Adjusted Book per Share of CLP 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 Invercap INVERCAP and its competitors.
Is Invercap INVERCAP's Cyclically Adjusted Book per Share too high?
Invercap INVERCAP's current Cyclically Adjusted Book per Share is CLP. Overall, Invercap INVERCAP has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Invercap INVERCAP's Cyclically Adjusted Book per Share compare to NUE and STLD?
Invercap INVERCAP's Cyclically Adjusted Book per Share of CLP can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Invercap INVERCAP and its competitors. Invercap INVERCAP's current Cyclically Adjusted Book per Share is CLP. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invercap INVERCAP stock overvalued right now?
Based on GuruFocus' analysis, Invercap INVERCAP (XSGO:INVERCAP) is currently considered Modestly Overvalued. The stock's GF Value™ is CLP1,620.08, compared to a current price of CLP1,917.50 — trading 18.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is CLP. Invercap INVERCAP's overall GF Score™ is 63/100 with 8 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 Invercap INVERCAP (XSGO:INVERCAP), the current Cyclically Adjusted Book per Share is CLP 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 Invercap INVERCAP (XSGO:INVERCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Invercap INVERCAP stock appears to be overvalued. The current stock price of CLP1,917.50 is trading 18.4% above its estimated GF Value™ of CLP1,620.08. GuruFocus considers Invercap INVERCAP to be Modestly Overvalued.

Key valuation signals for XSGO:INVERCAP:

  • Cyclically Adjusted Book per Share: CLP
  • GF Value™: CLP1,620.08 vs. price of CLP1,917.50 (18.4% above fair value)
  • GF Score™: 63/100 with 8 warning signs

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


Invercap INVERCAP Business Description

Address Gertrudis Echenique 220, Las Condes, Santiago, CHL
Invercap SA INVERCAP through its subsidiaries engages in the extraction of iron ore and production of steel in Chile and Latin America. Its steel products include steel bars, flat products, structural tubes, pipes, and open profiles. The company also provides shaped steel products for structural use and conduction of steel fluids for safety and construction markets.
63GF Score

Get the complete analysis for XSGO:INVERCAP

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

CLP1,917.50
Price
CLP1,620.08
GF Value