Hercules Fabrica de Talheres (BSP:HETA4) Cyclically Adjusted PB Ratio: (As of Sep. 05, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:HETA4 Hercules SA Fabrica de Talheres BSP:HETA4
57 GF Score
Price R$4.80
GF Value R$6.26
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hercules Fabrica de Talheres Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hercules Fabrica de Talheres  (BSP:HETA4) 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.


Hercules Fabrica de Talheres Cyclically Adjusted PB Ratio Related Terms


Hercules Fabrica de Talheres Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hercules Fabrica de Talheres'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.

Hercules Fabrica de Talheres Cyclically Adjusted PB Ratio Chart

Hercules Fabrica de Talheres Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Hercules Fabrica de Talheres Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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:HETA4 vs PG, CL, EL: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Hercules Fabrica de Talheres'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.


Hercules Fabrica de Talheres Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hercules Fabrica de Talheres's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hercules Fabrica de Talheres's Cyclically Adjusted PB Ratio falls into.


BSP:HETA4
57GF Score
Hercules SA Fabrica de Talheres BSP:HETA4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hercules Fabrica de Talheres 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.

Hercules Fabrica de Talheres's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hercules Fabrica de Talheres's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-685.382/177.5443*177.5443
=-685.382

Current CPI (Jun. 2026) = 177.5443.

Hercules Fabrica de Talheres Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 109.986 0.000
201612 -657.341 110.802 -1,053.295
201703 -656.875 111.869 -1,042.508
201706 -656.869 112.115 -1,040.216
201709 -656.616 112.777 -1,033.706
201712 -760.298 114.068 -1,183.389
201803 -752.886 114.868 -1,163.688
201806 -753.343 117.038 -1,142.810
201809 -759.592 117.881 -1,144.042
201812 -757.663 118.340 -1,136.711
201903 -757.759 120.124 -1,119.978
201906 -757.565 120.977 -1,111.789
201909 -751.098 121.292 -1,099.437
201912 -750.925 123.436 -1,080.091
202003 -750.727 124.092 -1,074.105
202006 -750.812 123.557 -1,078.873
202009 -750.280 125.095 -1,064.853
202012 -1,088.276 129.012 -1,497.664
202103 -1,089.816 131.660 -1,469.619
202106 -1,091.971 133.871 -1,448.215
202109 -1,092.943 137.913 -1,407.017
202112 -1,087.408 141.992 -1,359.672
202203 -1,089.925 146.537 -1,320.552
202206 -1,092.253 149.784 -1,294.690
202209 -1,095.292 147.800 -1,315.720
202212 -688.075 150.207 -813.304
202303 -687.814 153.352 -796.319
202306 -689.012 154.519 -791.684
202309 -690.159 155.464 -788.184
202312 -689.318 157.148 -778.784
202403 -689.469 159.372 -768.083
202406 -689.216 161.052 -759.797
202409 -688.584 162.342 -753.064
202412 -687.900 164.740 -741.366
202503 -687.739 168.102 -726.371
202506 -686.969 169.670 -718.852
202509 -686.422 170.739 -713.781
202512 -686.051 171.765 -709.133
202603 -686.225 175.066 -695.941
202606 -685.382 177.544 -685.382

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 Hercules Fabrica de Talheres (BSP:HETA4) Overvalued in 2026?

Based on GuruFocus' analysis, Hercules Fabrica de Talheres stock appears to be undervalued. The current stock price of R$4.80 is trading 23.3% below its estimated GF Value™ of R$6.26. GuruFocus considers Hercules Fabrica de Talheres to be Modestly Undervalued.

Key valuation signals for BSP:HETA4:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$6.26 vs. price of R$4.80 (23.3% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the BSP:HETA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hercules Fabrica de Talheres Business Description

Address Av Maria Coelho Aguiar 215 - Bloco G/1º Floor, Sao Paulo, SP, BRA, 5804900
Hercules SA Fabrica de Talheres is engaged in manufacturing, marketing, and licensing of cutlery and other tableware for domestic use, and import and export of these products, including raw materials and equipment.
57GF Score

Get the complete analysis for BSP:HETA4

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

R$4.80
Price
R$6.26
GF Value