Fica Empreendimentos Imobiliarios (BSP:FIEI3) Cyclically Adjusted PB Ratio: 0.13 (As of Aug. 04, 2026) — Near Median

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BSP:FIEI3 Fica Empreendimentos Imobiliarios SA BSP:FIEI3
19 GF Score
Price R$9.39
! 4 Warning Signs
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What is Fica Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio?

Fica Empreendimentos Imobiliarios BSP:FIEI3 19 Cyclically Adjusted PB Ratio is 0.13 as of Aug. 04, 2026, which is 7% below its 10-year median of 0.14. GuruFocus rates BSP:FIEI3 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,414 Real Estate companies, Fica Empreendimentos Imobiliarios ranks better than 88.33% on this metric.

As of today (2026-08-04), Fica Empreendimentos Imobiliarios's current share price is R$9.39. Fica Empreendimentos Imobiliarios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$71.15. Fica Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio for today is 0.13.

The historical rank and industry rank for Fica Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:FIEI3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.14   Max: 0.31
Current: 0.13

During the past years, Fica Empreendimentos Imobiliarios's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.09. And the median was 0.14.

BSP:FIEI3's Cyclically Adjusted PB Ratio is ranked better than
88.33% of 1414 companies
in the Real Estate industry
Industry Median: 0.69 vs BSP:FIEI3: 0.13

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.

Fica Empreendimentos Imobiliarios's adjusted book value per share data for the three months ended in Mar. 2026 was R$28.923. 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$71.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fica Empreendimentos Imobiliarios  (BSP:FIEI3) 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.


Fica Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Related Terms


Fica Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fica Empreendimentos Imobiliarios'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.

Fica Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Chart

Fica Empreendimentos Imobiliarios 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 0.12 0.13 0.12 0.12 0.20

Fica Empreendimentos Imobiliarios 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 0.11 0.15 0.29 0.20 0.18

Fica Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Fica Empreendimentos Imobiliarios'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.


Fica Empreendimentos Imobiliarios Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fica Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:FIEI3
19GF Score
Fica Empreendimentos Imobiliarios SA BSP:FIEI3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fica Empreendimentos Imobiliarios 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.

Fica Empreendimentos Imobiliarios's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.39/71.15
=0.13

* 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.

Fica Empreendimentos Imobiliarios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fica Empreendimentos Imobiliarios'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)
=28.923/175.0655*175.0655
=28.923

Current CPI (Mar. 2026) = 175.0655.

Fica Empreendimentos Imobiliarios Quarterly Data

Book Value per Share CPI Adj_Book
201606 95.764 108.851 154.018
201609 95.969 109.986 152.754
201612 77.936 110.802 123.138
201703 76.809 111.869 120.199
201706 76.368 112.115 119.248
201709 75.550 112.777 117.277
201712 75.443 114.068 115.786
201803 73.164 114.868 111.506
201806 72.561 117.038 108.537
201809 71.323 117.881 105.922
201812 68.959 118.340 102.014
201903 66.455 120.124 96.850
201906 66.020 120.977 95.537
201909 65.472 121.292 94.498
201912 65.102 123.436 92.332
202003 54.654 124.092 77.105
202006 50.138 123.557 71.039
202009 49.696 125.095 69.548
202012 44.271 129.012 60.074
202103 43.519 131.660 57.866
202106 43.098 133.871 56.360
202109 42.318 137.913 53.718
202112 41.388 141.992 51.028
202203 40.415 146.537 48.283
202206 40.001 149.784 46.753
202209 38.982 147.800 46.173
202212 38.289 150.207 44.626
202303 37.505 153.352 42.815
202306 36.376 154.519 41.213
202309 34.209 155.464 38.522
202312 33.062 157.148 36.832
202403 32.454 159.372 35.650
202406 31.731 161.052 34.492
202409 31.398 162.342 33.859
202412 32.799 164.740 34.855
202503 32.251 168.102 33.587
202506 31.461 169.670 32.461
202509 30.010 170.739 30.770
202512 29.386 171.765 29.951
202603 28.923 175.066 28.923

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.

What does a Cyclically Adjusted PB Ratio of 0.13 mean?
Fica Empreendimentos Imobiliarios (BSP:FIEI3) has a Cyclically Adjusted PB Ratio of 0.13 as of Aug. 04, 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 Fica Empreendimentos Imobiliarios and its competitors. This is near median its historical median of 0.14. Over the past decade, Fica Empreendimentos Imobiliarios' Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.31. According to the industry distribution chart, Fica Empreendimentos Imobiliarios ranks #165 out of 1414 companies in the Real Estate industry, placing it in the top 11.7%.
Is Fica Empreendimentos Imobiliarios' Cyclically Adjusted PB Ratio too high?
Fica Empreendimentos Imobiliarios' current Cyclically Adjusted PB Ratio of 0.13 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.31. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Fica Empreendimentos Imobiliarios' value of 0.13 is 81.2% below this industry median. Based on the distribution chart, Fica Empreendimentos Imobiliarios ranks #165 out of 1414 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Fica Empreendimentos Imobiliarios has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Fica Empreendimentos Imobiliarios' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Fica Empreendimentos Imobiliarios ranks #165 out of 1414 companies for Cyclically Adjusted PB Ratio. This places Fica Empreendimentos Imobiliarios in the top 12% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.69. Fica Empreendimentos Imobiliarios' value of 0.13 is 81.2% below this benchmark. Historically, Fica Empreendimentos Imobiliarios' own Cyclically Adjusted PB Ratio has ranged from 0.09 to 0.31 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.69, Fica Empreendimentos Imobiliarios 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,414 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. Fica Empreendimentos Imobiliarios's current Cyclically Adjusted PB Ratio of 0.13 is 81.2% 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 Fica Empreendimentos Imobiliarios and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fica Empreendimentos Imobiliarios's current Cyclically Adjusted PB Ratio is 0.13, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fica Empreendimentos Imobiliarios stock overvalued right now?
Fica Empreendimentos Imobiliarios (BSP:FIEI3) has a current Cyclically Adjusted PB Ratio of 0.13. The current Cyclically Adjusted PB Ratio is 0.13, which is near median its 10-year median of 0.14 and 81.2% below the Real Estate industry median of 0.69. Fica Empreendimentos Imobiliarios' overall GF Score™ is 19/100 with 4 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 Fica Empreendimentos Imobiliarios (BSP:FIEI3), the current Cyclically Adjusted PB Ratio is 0.13 as of Aug. 04, 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.

Fica Empreendimentos Imobiliarios Business Description

Address Av. Santo Amaro, 48, conj. 62 - Vila Nova Conceicao, São Paulo, SP, BRA, 20070004
Fica Empreendimentos Imobiliarios SA, formerly CR2 Empreendimentos Imobiliarios SA is engaged in the acquisition of property for sale, investment, and development of property projects. The company derives revenue from the development and sale of the property.
19GF 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.

R$9.39
Price