CVC Brasil Operadora e Agencia de ViagensBSP:CVCB3 56 Cyclically Adjusted PB Ratio is 0.38 as of Jul. 11, 2026, which is 48% below its 10-year median of 0.73. GuruFocus rates BSP:CVCB3 with a GF Score™ of 56/100 and a GF Value™ of R$2.00 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 649 Travel & Leisure companies, CVC Brasil Operadora e Agencia de Viagens ranks better than 80.28% on this metric.
BSP:CVCB3's Cyclically Adjusted PB Ratio is ranked better than 80.28% of 649
companies
in the Travel & Leisure industry
Industry Median: 1.23
vs BSP:CVCB3: 0.40
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.
CVC Brasil Operadora e Agencia de Viagens's adjusted book value per share data for the three months ended in Mar. 2026 was R$0.771. 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$3.29 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Related Terms
CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Historical Data
* 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.
CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Chart
CVC Brasil Operadora e Agencia de Viagens Annual Data
BSP:CVCB3 vs BKNG, ABNB, RCL: Cyclically Adjusted PB Ratio Comparison
For the Travel Services subindustry, CVC Brasil Operadora e Agencia de Viagens'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.
CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where CVC Brasil Operadora e Agencia de Viagens's Cyclically Adjusted PB Ratio falls into.
CVC Brasil Operadora e Agencia de Viagens Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 0.38 mean?
CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) has a Cyclically Adjusted PB Ratio of 0.38 as of Jul. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CVC Brasil Operadora e Agencia de Viagens and its competitors. This is 48% below median its historical median of 0.73. Over the past decade, CVC Brasil Operadora e Agencia de Viagens' Cyclically Adjusted PB Ratio has ranged from 0.37 to 6.79. According to the industry distribution chart, CVC Brasil Operadora e Agencia de Viagens ranks #128 out of 649 companies in the Travel & Leisure industry, placing it in the top 19.7%.
Is CVC Brasil Operadora e Agencia de Viagens' Cyclically Adjusted PB Ratio too high?
CVC Brasil Operadora e Agencia de Viagens' current Cyclically Adjusted PB Ratio of 0.38 is 48% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 6.79. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. CVC Brasil Operadora e Agencia de Viagens' value of 0.38 is 69.1% below this industry median. Based on the distribution chart, CVC Brasil Operadora e Agencia de Viagens ranks #128 out of 649 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, CVC Brasil Operadora e Agencia de Viagens has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CVC Brasil Operadora e Agencia de Viagens' Cyclically Adjusted PB Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, CVC Brasil Operadora e Agencia de Viagens ranks #128 out of 649 companies for Cyclically Adjusted PB Ratio. This places CVC Brasil Operadora e Agencia de Viagens in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.23. CVC Brasil Operadora e Agencia de Viagens' value of 0.38 is 69.1% below this benchmark. Historically, CVC Brasil Operadora e Agencia de Viagens' own Cyclically Adjusted PB Ratio has ranged from 0.37 to 6.79 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.23, CVC Brasil Operadora e Agencia de Viagens has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 649 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CVC Brasil Operadora e Agencia de Viagens's current Cyclically Adjusted PB Ratio of 0.38 is 69.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CVC Brasil Operadora e Agencia de Viagens and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVC Brasil Operadora e Agencia de Viagens's current Cyclically Adjusted PB Ratio is 0.38, which is 48% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVC Brasil Operadora e Agencia de Viagens stock overvalued right now?
Based on GuruFocus' analysis, CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) is currently considered Possible Value Trap. The stock's GF Value™ is R$2.00, compared to a current price of R$1.25 — trading 37.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 48% below median its 10-year median of 0.73 and 69.1% below the Travel & Leisure industry median of 1.23. CVC Brasil Operadora e Agencia de Viagens' overall GF Score™ is 56/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3), the current Cyclically Adjusted PB Ratio is 0.38 as of Jul. 11, 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 CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Overvalued in 2026?
Based on GuruFocus' analysis, CVC Brasil Operadora e Agencia de Viagens stock appears to be undervalued.
The current stock price of R$1.25 is trading 37.5% below its estimated GF Value™ of R$2.00.
GuruFocus considers CVC Brasil Operadora e Agencia de Viagens to be Possible Value Trap.
Key valuation signals for BSP:CVCB3:
Cyclically Adjusted PB Ratio: 0.38 (48% below median its 10-year median of 0.73)
GF Value™: R$2.00 vs. price of R$1.25 (37.5% below fair value)
Industry Position: 69.1% below the Travel & Leisure median (#128 of 649)
No single metric tells the full story. See the BSP:CVCB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVC Brasil Operadora e Agencia de Viagens Business Description
CVC Brasil Operadora e Agencia de Viagens SA is mainly engaged in advising and organizing tourist packages through intermediation between clients and service providers in areas such as accommodation, entertainment, land and air transport, cruises, and cultural and professional exchanges. The Company operates mainly in Brazil, which generates the maximum revenue, and also in Argentina.
56GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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