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The historical rank and industry rank for Hapvida Participacoes Investimento's Cyclically Adjusted PB Ratio or its related term are showing as below:
BSP:HAPV3'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.17 Max: 0.21
Current: 0.15
During the past years, Hapvida Participacoes Investimento's highest Cyclically Adjusted PB Ratio was 0.21. The lowest was 0.15. And the median was 0.17.
BSP:HAPV3's Cyclically Adjusted PB Ratio is ranked better than 98.56% of 418
companies
in the Insurance industry
Industry Median: 1.415
vs BSP:HAPV3: 0.15
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.
Hapvida Participacoes Investimento's adjusted book value per share data for the three months ended in Mar. 2026 was R$101.360. 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$66.52 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Hapvida Participacoes Investimento (BSP:HAPV3) 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.
Hapvida Participacoes Investimento Cyclically Adjusted PB Ratio Related Terms
Hapvida Participacoes Investimento 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.
Hapvida Participacoes Investimento Cyclically Adjusted PB Ratio Chart
BSP:HAPV3 vs AFL, MET, PRU: Cyclically Adjusted PB Ratio Comparison
For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.
Hapvida Participacoes Investimento Cyclically Adjusted PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Hapvida Participacoes Investimento's Cyclically Adjusted PB Ratio falls into.
Hapvida Participacoes Investimento 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 0.15 mean?
Hapvida Participacoes Investimento (BSP:HAPV3) has a Cyclically Adjusted PB Ratio of 0.15 as of Jul. 27, 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 Hapvida Participacoes Investimento and its competitors. This is 12% below median its historical median of 0.17. Over the past decade, Hapvida Participacoes Investimento's Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.21. According to the industry distribution chart, Hapvida Participacoes Investimento ranks #6 out of 418 companies in the Insurance industry, placing it in the top 1.4%.
Is Hapvida Participacoes Investimento's Cyclically Adjusted PB Ratio too high?
Hapvida Participacoes Investimento's current Cyclically Adjusted PB Ratio of 0.15 is 12% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.21. The Insurance industry median Cyclically Adjusted PB Ratio is 1.42. Hapvida Participacoes Investimento's value of 0.15 is 89.4% below this industry median. Based on the distribution chart, Hapvida Participacoes Investimento ranks #6 out of 418 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Hapvida Participacoes Investimento has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hapvida Participacoes Investimento's Cyclically Adjusted PB Ratio compare to AFL and MET?
According to the Insurance industry distribution chart, Hapvida Participacoes Investimento ranks #6 out of 418 companies for Cyclically Adjusted PB Ratio. This places Hapvida Participacoes Investimento in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.42. Hapvida Participacoes Investimento's value of 0.15 is 89.4% below this benchmark. Historically, Hapvida Participacoes Investimento's own Cyclically Adjusted PB Ratio has ranged from 0.15 to 0.21 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.42, Hapvida Participacoes Investimento 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 an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.42, based on 418 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. Hapvida Participacoes Investimento's current Cyclically Adjusted PB Ratio of 0.15 is 89.4% 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 Hapvida Participacoes Investimento and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hapvida Participacoes Investimento's current Cyclically Adjusted PB Ratio is 0.15, which is 12% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hapvida Participacoes Investimento stock overvalued right now?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento (BSP:HAPV3) is currently considered Possible Value Trap. The stock's GF Value™ is R$54.75, compared to a current price of R$9.92 — trading 81.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.15, which is 12% below median its 10-year median of 0.17 and 89.4% below the Insurance industry median of 1.42. Hapvida Participacoes Investimento's overall GF Score™ is 68/100 with 5 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 Hapvida Participacoes Investimento (BSP:HAPV3), the current Cyclically Adjusted PB Ratio is 0.15 as of Jul. 27, 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 Hapvida Participacoes Investimento (BSP:HAPV3) Overvalued in 2026?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento stock appears to be undervalued.
The current stock price of R$9.92 is trading 81.9% below its estimated GF Value™ of R$54.75.
GuruFocus considers Hapvida Participacoes Investimento to be Possible Value Trap.
Key valuation signals for BSP:HAPV3:
Cyclically Adjusted PB Ratio: 0.15 (12% below median its 10-year median of 0.17)
GF Value™: R$54.75 vs. price of R$9.92 (81.9% below fair value)
Industry Position: 89.4% below the Insurance median (#6 of 418)
No single metric tells the full story. See the BSP:HAPV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hapvida Participacoes Investimento Business Description
Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The company and its subsidiaries are mainly engaged in the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and the sale of dental insurance plans for services provided by an accredited network.
68GF Score
Get the complete analysis for BSP:HAPV3
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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