Joao Fortes Engenharia (BSP:JFEN3) Cyclically Adjusted PB Ratio: 0.00 (As of Jul. 31, 2026)

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BSP:JFEN3 Joao Fortes Engenharia SA BSP:JFEN3
33 GF Score
Price R$0.54
GF Value R$1.05
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Joao Fortes Engenharia Cyclically Adjusted PB Ratio?

Joao Fortes Engenharia BSP:JFEN3 33 Cyclically Adjusted PB Ratio is 0.00 as of Jul. 31, 2026. GuruFocus rates BSP:JFEN3 with a GF Score™ of 33/100 and a GF Value™ of R$1.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,416 Real Estate companies, Joao Fortes Engenharia ranks worse than 70621.4% on this metric.

As of today (2026-07-31), Joao Fortes Engenharia's current share price is R$0.54. Joao Fortes Engenharia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$171.77. Joao Fortes Engenharia's Cyclically Adjusted PB Ratio for today is 0.00.

The historical rank and industry rank for Joao Fortes Engenharia's Cyclically Adjusted PB Ratio or its related term are showing as below:

During the past years, Joao Fortes Engenharia's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.01. And the median was 0.08.

BSP:JFEN3's Cyclically Adjusted PB Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Joao Fortes Engenharia's adjusted book value per share data for the three months ended in Mar. 2026 was R$-22.407. 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$171.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Joao Fortes Engenharia  (BSP:JFEN3) 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.


Joao Fortes Engenharia Cyclically Adjusted PB Ratio Related Terms


Joao Fortes Engenharia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia Cyclically Adjusted PB Ratio Chart

Joao Fortes Engenharia 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 0.04 0.04 0.03 0.00 0.00

Joao Fortes Engenharia 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:JFEN3 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Joao Fortes Engenharia'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.


Joao Fortes Engenharia Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:JFEN3
33GF Score
Joao Fortes Engenharia SA BSP:JFEN3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Joao Fortes Engenharia 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.

Joao Fortes Engenharia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.54/171.77
=0.00

* 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.

Joao Fortes Engenharia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Joao Fortes Engenharia'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)
=-22.407/175.0655*175.0655
=-22.407

Current CPI (Mar. 2026) = 175.0655.

Joao Fortes Engenharia Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,035.089 108.851 3,273.054
201609 1,753.913 109.986 2,791.713
201612 1,276.271 110.802 2,016.489
201703 1,566.978 111.869 2,452.186
201706 1,284.563 112.115 2,005.830
201709 892.095 112.777 1,384.811
201712 957.017 114.068 1,468.781
201803 449.040 114.868 684.362
201806 428.427 117.038 640.844
201809 376.919 117.881 559.762
201812 173.597 118.340 256.809
201903 121.587 120.124 177.198
201906 -70.244 120.977 -101.650
201909 -129.369 121.292 -186.723
201912 -170.958 123.436 -242.464
202003 -219.302 124.092 -309.386
202006 -246.782 123.557 -349.660
202009 -270.146 125.095 -378.058
202012 -331.279 129.012 -449.534
202103 -343.683 131.660 -456.987
202106 -388.255 133.871 -507.730
202109 -459.760 137.913 -583.616
202112 -531.232 141.992 -654.967
202203 -567.936 146.537 -678.503
202206 -583.820 149.784 -682.363
202209 -608.290 147.800 -720.507
202212 -670.811 150.207 -781.828
202303 -610.298 153.352 -696.710
202306 -609.196 154.519 -690.202
202309 -650.106 155.464 -732.076
202312 -729.012 157.148 -812.131
202403 -715.899 159.372 -786.392
202406 11.979 161.052 13.021
202409 9.876 162.342 10.650
202412 0.124 164.740 0.132
202503 -3.181 168.102 -3.313
202506 -7.747 169.670 -7.993
202509 -6.944 170.739 -7.120
202512 -22.102 171.765 -22.527
202603 -22.407 175.066 -22.407

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 0.00 mean?
Joao Fortes Engenharia (BSP:JFEN3) has a Cyclically Adjusted PB Ratio of 0.00 as of Jul. 31, 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 Joao Fortes Engenharia and its competitors. Over the past decade, Joao Fortes Engenharia's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.28. According to the industry distribution chart, Joao Fortes Engenharia ranks #999999 out of 1416 companies in the Real Estate industry.
Is Joao Fortes Engenharia's Cyclically Adjusted PB Ratio too high?
Joao Fortes Engenharia's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.28. Based on the distribution chart, Joao Fortes Engenharia ranks #999999 out of 1416 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Joao Fortes Engenharia has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joao Fortes Engenharia's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Joao Fortes Engenharia ranks #999999 out of 1416 companies for Cyclically Adjusted PB Ratio. This places Joao Fortes Engenharia in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Historically, Joao Fortes Engenharia's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.28 over the past decade. 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 1,416 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. 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 Joao Fortes Engenharia 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. Joao Fortes Engenharia's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joao Fortes Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Joao Fortes Engenharia (BSP:JFEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.05, compared to a current price of R$0.54 — trading 48.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.00. Joao Fortes Engenharia's overall GF Score™ is 33/100 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 Joao Fortes Engenharia (BSP:JFEN3), the current Cyclically Adjusted PB Ratio is 0.00 as of Jul. 31, 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 Joao Fortes Engenharia (BSP:JFEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Joao Fortes Engenharia stock appears to be undervalued. The current stock price of R$0.54 is trading 48.6% below its estimated GF Value™ of R$1.05. GuruFocus considers Joao Fortes Engenharia to be Possible Value Trap.

Key valuation signals for BSP:JFEN3:

  • Cyclically Adjusted PB Ratio: 0.00
  • GF Value™: R$1.05 vs. price of R$0.54 (48.6% below fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the BSP:JFEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joao Fortes Engenharia Business Description

Address Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.
33GF Score

Get the complete analysis for BSP:JFEN3

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

R$0.54
Price
R$1.05
GF Value