Josapar-Joaquim Oliveira Particip (BSP:JOPA3) Cyclically Adjusted PB Ratio: 0.27 (As of Jul. 29, 2026) — 33% Below Median

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BSP:JOPA3 Josapar-Joaquim Oliveira SA Particip BSP:JOPA3
55 GF Score
Price R$17.46
GF Value R$16.89
Valuation Fairly Valued
! 5 Warning Signs
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What is Josapar-Joaquim Oliveira Particip Cyclically Adjusted PB Ratio?

Josapar-Joaquim Oliveira Particip BSP:JOPA3 -5.62% 55 Cyclically Adjusted PB Ratio is 0.27 as of Jul. 29, 2026, which is 33% below its 10-year median of 0.40. GuruFocus rates BSP:JOPA3 with a GF Score™ of 55/100 and a GF Value™ of R$16.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,437 Consumer Packaged Goods companies, Josapar-Joaquim Oliveira Particip ranks better than 91.79% on this metric.

As of today (2026-07-29), Josapar-Joaquim Oliveira Particip's current share price is R$17.46. Josapar-Joaquim Oliveira Particip's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$64.88. Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio for today is 0.27.

The historical rank and industry rank for Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:JOPA3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.4   Max: 0.75
Current: 0.29

During the past years, Josapar-Joaquim Oliveira Particip's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.26. And the median was 0.40.

BSP:JOPA3's Cyclically Adjusted PB Ratio is ranked better than
91.79% of 1437 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs BSP:JOPA3: 0.29

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.

Josapar-Joaquim Oliveira Particip's adjusted book value per share data for the three months ended in Mar. 2026 was R$57.963. 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$64.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Josapar-Joaquim Oliveira Particip  (BSP:JOPA3) 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.


Josapar-Joaquim Oliveira Particip Cyclically Adjusted PB Ratio Related Terms


Josapar-Joaquim Oliveira Particip Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Josapar-Joaquim Oliveira Particip'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.

Josapar-Joaquim Oliveira Particip Cyclically Adjusted PB Ratio Chart

Josapar-Joaquim Oliveira Particip 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 0.51 0.39 0.35 0.34 0.31

Josapar-Joaquim Oliveira Particip 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 0.33 0.32 0.32 0.31 0.34

BSP:JOPA3 vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Josapar-Joaquim Oliveira Particip'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.


Josapar-Joaquim Oliveira Particip Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio falls into.


BSP:JOPA3
55GF Score
Josapar-Joaquim Oliveira SA Particip BSP:JOPA3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Josapar-Joaquim Oliveira Particip 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.

Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.46/64.88
=0.27

* 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.

Josapar-Joaquim Oliveira Particip's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Josapar-Joaquim Oliveira Particip'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)
=57.963/175.0655*175.0655
=57.963

Current CPI (Mar. 2026) = 175.0655.

Josapar-Joaquim Oliveira Particip Quarterly Data

Book Value per Share CPI Adj_Book
201606 43.403 108.851 69.805
201609 44.003 109.986 70.040
201612 43.231 110.802 68.304
201703 43.369 111.869 67.869
201706 44.014 112.115 68.727
201709 44.147 112.777 68.530
201712 45.109 114.068 69.231
201803 44.702 114.868 68.128
201806 45.873 117.038 68.617
201809 46.974 117.881 69.761
201812 46.195 118.340 68.338
201903 46.370 120.124 67.579
201906 46.515 120.977 67.312
201909 46.758 121.292 67.488
201912 47.141 123.436 66.858
202003 47.584 124.092 67.130
202006 49.008 123.557 69.438
202009 51.052 125.095 71.445
202012 49.293 129.012 66.889
202103 49.821 131.660 66.246
202106 50.486 133.871 66.022
202109 51.756 137.913 65.699
202112 51.372 141.992 63.338
202203 51.869 146.537 61.967
202206 53.218 149.784 62.201
202209 53.303 147.800 63.136
202212 53.434 150.207 62.277
202303 53.732 153.352 61.340
202306 53.877 154.519 61.041
202309 53.919 155.464 60.718
202312 54.944 157.148 61.208
202403 55.363 159.372 60.814
202406 56.689 161.052 61.622
202409 57.059 162.342 61.531
202412 56.806 164.740 60.366
202503 56.895 168.102 59.252
202506 57.009 169.670 58.822
202509 57.649 170.739 59.110
202512 57.763 171.765 58.873
202603 57.963 175.066 57.963

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 0.27 mean?
Josapar-Joaquim Oliveira Particip (BSP:JOPA3) has a Cyclically Adjusted PB Ratio of 0.27 as of Jul. 29, 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 Josapar-Joaquim Oliveira Particip and its competitors. This is 33% below median its historical median of 0.40. Over the past decade, Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio has ranged from 0.26 to 0.75. According to the industry distribution chart, Josapar-Joaquim Oliveira Particip ranks #118 out of 1437 companies in the Consumer Packaged Goods industry, placing it in the top 8.2%.
Is Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio too high?
Josapar-Joaquim Oliveira Particip's current Cyclically Adjusted PB Ratio of 0.27 is 33% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.75. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Josapar-Joaquim Oliveira Particip's value of 0.27 is 78.4% below this industry median. Based on the distribution chart, Josapar-Joaquim Oliveira Particip ranks #118 out of 1437 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Josapar-Joaquim Oliveira Particip has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Josapar-Joaquim Oliveira Particip's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Josapar-Joaquim Oliveira Particip ranks #118 out of 1437 companies for Cyclically Adjusted PB Ratio. This places Josapar-Joaquim Oliveira Particip in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Josapar-Joaquim Oliveira Particip's value of 0.27 is 78.4% below this benchmark. Historically, Josapar-Joaquim Oliveira Particip's own Cyclically Adjusted PB Ratio has ranged from 0.26 to 0.75 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.25, Josapar-Joaquim Oliveira Particip 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,437 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. Josapar-Joaquim Oliveira Particip's current Cyclically Adjusted PB Ratio of 0.27 is 78.4% 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 Josapar-Joaquim Oliveira Particip and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Josapar-Joaquim Oliveira Particip's current Cyclically Adjusted PB Ratio is 0.27, which is 33% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Josapar-Joaquim Oliveira Particip stock overvalued right now?
Based on GuruFocus' analysis, Josapar-Joaquim Oliveira Particip (BSP:JOPA3) is currently considered Fairly Valued. The stock's GF Value™ is R$16.89, compared to a current price of R$17.46 — trading 3.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 33% below median its 10-year median of 0.40 and 78.4% below the Consumer Packaged Goods industry median of 1.25. Josapar-Joaquim Oliveira Particip's overall GF Score™ is 55/100 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 Josapar-Joaquim Oliveira Particip (BSP:JOPA3), the current Cyclically Adjusted PB Ratio is 0.27 as of Jul. 29, 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 Josapar-Joaquim Oliveira Particip (BSP:JOPA3) Overvalued in 2026?

Based on GuruFocus' analysis, Josapar-Joaquim Oliveira Particip stock appears to be overvalued. The current stock price of R$17.46 is trading 3.4% above its estimated GF Value™ of R$16.89. GuruFocus considers Josapar-Joaquim Oliveira Particip to be Fairly Valued.

Key valuation signals for BSP:JOPA3:

  • Cyclically Adjusted PB Ratio: 0.27 (33% below median its 10-year median of 0.40)
  • GF Value™: R$16.89 vs. price of R$17.46 (3.4% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 78.4% below the Consumer Packaged Goods median (#118 of 1437)

No single metric tells the full story. See the BSP:JOPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Josapar-Joaquim Oliveira Particip Business Description

Other Exchanges JOPA4:Brazil
Address Avenue Carlos Gomes 651, 5th floor, Porto Alegre, RS, BRA, 90480003
Josapar-Joaquim Oliveira SA Particip is a food company. It produces processed food products. Its product portfolio comprises of rice products, beans & olive oil. It works with its various brands, named, Uncle John, my Biju & SupraSoy Olive.
55GF Score

Get the complete analysis for BSP:JOPA3

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

R$17.46
Price
R$16.89
GF Value