Masisa (XSGO:MASISA) Cyclically Adjusted Book per Share: CLP76.71 (As of Mar. 2026)


XSGO:MASISA Masisa SA XSGO:MASISA
42 GF Score
Price CLP8.87
GF Value CLP15.17
Valuation Possible Value Trap
! 3 Warning Signs
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What is Masisa Cyclically Adjusted Book per Share?

Masisa XSGO:MASISA +2.76% 42 Cyclically Adjusted Book per Share is CLP76.71 as of Mar. 2026. GuruFocus rates XSGO:MASISA with a GF Score™ of 42/100 and a GF Value™ of CLP15.17 (Possible Value Trap). 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.

Masisa's adjusted book value per share for the three months ended in Mar. 2026 was CLP35.684. 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 CLP76.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Masisa'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 -7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.90% 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 Masisa was -1.70% per year. The lowest was -7.20% per year. And the median was -3.95% per year.

As of today (2026-07-02), Masisa's current stock price is CLP8.869. Masisa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CLP76.71. Masisa's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Masisa was 0.53. The lowest was 0.10. And the median was 0.22.


Masisa  (XSGO:MASISA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.869/76.71
=0.12

* 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 Masisa was 0.53. The lowest was 0.10. And the median was 0.22.


Be Aware

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


Masisa Cyclically Adjusted Book per Share Related Terms


Masisa Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Masisa'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.

Masisa Cyclically Adjusted Book per Share Chart

Masisa 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 94.48 97.48 90.95 84.65 77.88

Masisa 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 83.46 81.27 80.12 77.88 76.71

XSGO:MASISA vs SSD, UFPI, BCC: Cyclically Adjusted Book per Share Comparison

For the Lumber & Wood Production subindustry, Masisa'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.


Masisa Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Masisa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSGO:MASISA
42GF Score
Masisa SA XSGO:MASISA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Masisa 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, Masisa'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)
=35.684/160.1946*160.1946
=35.684

Current CPI (Mar. 2026) = 160.1946.

Masisa Quarterly Data

Book Value per Share CPI Adj_Book
201606 79.552 103.965 122.578
201609 78.560 104.521 120.406
201612 80.497 104.532 123.362
201703 85.180 105.752 129.032
201706 80.267 105.730 121.615
201709 78.176 106.035 118.106
201712 79.580 106.907 119.247
201803 77.152 107.670 114.790
201806 58.573 108.421 86.543
201809 65.041 109.369 95.266
201812 67.783 109.653 99.026
201903 65.638 110.339 95.296
201906 69.174 111.352 99.516
201909 69.010 111.821 98.864
201912 64.450 112.943 91.414
202003 67.101 114.468 93.906
202006 60.226 114.283 84.421
202009 53.885 115.275 74.883
202012 43.098 116.299 59.365
202103 45.223 117.770 61.514
202106 45.931 118.630 62.024
202109 50.912 121.431 67.165
202112 54.934 124.634 70.608
202203 51.768 128.850 64.361
202206 58.657 133.448 70.413
202209 64.377 138.101 74.676
202212 58.744 140.574 66.943
202303 48.397 143.145 54.161
202306 43.558 143.538 48.613
202309 45.272 145.172 49.957
202312 41.896 146.109 45.935
202403 45.336 148.551 48.890
202406 43.339 149.592 46.411
202409 42.331 151.212 44.846
202412 43.840 152.774 45.969
202503 40.868 155.783 42.025
202506 40.415 155.754 41.567
202509 40.765 157.866 41.366
202512 37.041 158.039 37.546
202603 35.684 160.195 35.684

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 CLP76.71 mean?
Masisa (XSGO:MASISA) has a Cyclically Adjusted Book per Share of CLP76.71 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 Masisa and its competitors.
Is Masisa's Cyclically Adjusted Book per Share too high?
Masisa's current Cyclically Adjusted Book per Share is CLP76.71. Overall, Masisa has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Masisa's Cyclically Adjusted Book per Share compare to SSD and UFPI?
Masisa's Cyclically Adjusted Book per Share of CLP76.71 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest Products 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 Masisa and its competitors. Masisa's current Cyclically Adjusted Book per Share is CLP76.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masisa stock overvalued right now?
Based on GuruFocus' analysis, Masisa (XSGO:MASISA) is currently considered Possible Value Trap. The stock's GF Value™ is CLP15.17, compared to a current price of CLP8.87 — trading 41.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is CLP76.71. Masisa's overall GF Score™ is 42/100 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 Masisa (XSGO:MASISA), the current Cyclically Adjusted Book per Share is CLP76.71 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 Masisa (XSGO:MASISA) Overvalued in 2026?

Based on GuruFocus' analysis, Masisa stock appears to be undervalued. The current stock price of CLP8.87 is trading 41.5% below its estimated GF Value™ of CLP15.17. GuruFocus considers Masisa to be Possible Value Trap.

Key valuation signals for XSGO:MASISA:

  • Cyclically Adjusted Book per Share: CLP76.71
  • GF Value™: CLP15.17 vs. price of CLP8.87 (41.5% below fair value)
  • GF Score™: 42/100 with 3 warning signs

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


Masisa Business Description

Address Avenue Apoquindo 3650, Piso 11, Las Condes, Santiago, CHL
Masisa SA produces and markets wooden boards in Latin America. The company engages in the production of the wooden board of various types particle board, medium-density fibreboard, medium density particleboard. It operates several wood board producing industrial complexes across Chile, Argentina, Brazil, Venezuela, and Mexico. Its products are mainly used for the furniture and interior architecture industries of Latin America.
42GF Score

Get the complete analysis for XSGO:MASISA

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

CLP8.87
Price
CLP15.17
GF Value