Dotz (BSP:DOTZ3) Cyclically Adjusted PB Ratio: (As of Aug. 07, 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.

BSP:DOTZ3 Dotz SA BSP:DOTZ3
57 GF Score
Price R$5.91
GF Value R$12.60
Valuation Possible Value Trap
! 6 Warning Signs
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What is Dotz Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dotz  (BSP:DOTZ3) 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.


Dotz Cyclically Adjusted PB Ratio Related Terms


Dotz Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dotz's Cyclically Adjusted PB Ratio 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.

Dotz Cyclically Adjusted PB Ratio Chart

Dotz Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Dotz Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.00 0.00 0.00 0.00 0.00

BSP:DOTZ3 vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Dotz'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.


Dotz Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dotz's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:DOTZ3
57GF Score
Dotz SA BSP:DOTZ3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dotz 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.

Dotz's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Dotz's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-18.642/171.7653*171.7653
=-18.642

Current CPI (Dec25) = 171.7653.

Dotz Annual Data

Book Value per Share CPI Adj_Book
201612 -9.602 110.802 -14.885
201712 -9.677 114.068 -14.572
201812 -21.556 118.340 -31.288
201912 -22.914 123.436 -31.886
202012 -28.094 129.012 -37.404
202112 -5.912 141.992 -7.152
202212 -13.026 150.207 -14.896
202312 -17.610 157.148 -19.248
202412 -18.801 164.740 -19.603
202512 -18.642 171.765 -18.642

Add all the adjusted book value per share together and divide the count will get our 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.

Is Dotz (BSP:DOTZ3) Overvalued in 2026?

Based on GuruFocus' analysis, Dotz stock appears to be undervalued. The current stock price of R$5.91 is trading 53.1% below its estimated GF Value™ of R$12.60. GuruFocus considers Dotz to be Possible Value Trap.

Key valuation signals for BSP:DOTZ3:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$12.60 vs. price of R$5.91 (53.1% below fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the BSP:DOTZ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dotz Business Description

Address Rua Joaquim Floriano, No. 533, 15th Floor, Sao Paulo, SP, BRA, 04534-011
Dotz SA develops and manages a customer loyalty programme based on the consumption of goods and services provided by partners, as well as the monetization of redemption rights and premiums.
57GF Score

Get the complete analysis for BSP:DOTZ3

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

R$5.91
Price
R$12.60
GF Value