Movida Participacoes (BSP:MOVI3) Cyclically Adjusted PB Ratio: 0.77 (As of Aug. 13, 2026) — 18% Below Median

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BSP:MOVI3 Movida Participacoes SA BSP:MOVI3
90 GF Score
Price R$6.88
GF Value R$9.20
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Movida Participacoes Cyclically Adjusted PB Ratio?

Movida Participacoes BSP:MOVI3 +0.29% 90 Cyclically Adjusted PB Ratio is 0.77 as of Aug. 13, 2026, which is 18% below its 10-year median of 0.94. GuruFocus rates BSP:MOVI3 with a GF Score™ of 90/100 and a GF Value™ of R$9.20 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 721 Business Services companies, Movida Participacoes ranks better than 74.06% on this metric.

As of today (2026-08-13), Movida Participacoes's current share price is R$6.88. Movida Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$8.97. Movida Participacoes's Cyclically Adjusted PB Ratio for today is 0.77.

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

BSP:MOVI3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.94   Max: 1.74
Current: 0.77

During the past years, Movida Participacoes's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.44. And the median was 0.94.

BSP:MOVI3's Cyclically Adjusted PB Ratio is ranked better than
74.06% of 721 companies
in the Business Services industry
Industry Median: 1.53 vs BSP:MOVI3: 0.77

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.

Movida Participacoes's adjusted book value per share data for the three months ended in Jun. 2026 was R$9.653. 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$8.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Movida Participacoes  (BSP:MOVI3) 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.


Movida Participacoes Cyclically Adjusted PB Ratio Related Terms


Movida Participacoes Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Movida Participacoes'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.

Movida Participacoes Cyclically Adjusted PB Ratio Chart

Movida Participacoes 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 0.00 0.00 0.00 0.47 1.14

Movida Participacoes 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 0.86 1.08 1.14 1.48 1.04

BSP:MOVI3 vs URI, SUNB, AER: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Movida Participacoes'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.


Movida Participacoes Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Movida Participacoes's Cyclically Adjusted PB Ratio falls into.


BSP:MOVI3
90GF Score
Movida Participacoes SA BSP:MOVI3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Movida Participacoes 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.

Movida Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.88/8.97
=0.77

* 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.

Movida Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Movida Participacoes'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)
=9.653/177.5443*177.5443
=9.653

Current CPI (Jun. 2026) = 177.5443.

Movida Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.033 109.986 1.668
201612 3.265 110.802 5.232
201703 5.649 111.869 8.965
201706 5.673 112.115 8.984
201709 5.739 112.777 9.035
201712 5.812 114.068 9.046
201803 5.842 114.868 9.030
201806 6.893 117.038 10.457
201809 6.028 117.881 9.079
201812 6.106 118.340 9.161
201903 6.187 120.124 9.144
201906 6.244 120.977 9.164
201909 7.369 121.292 10.787
201912 7.552 123.436 10.862
202003 7.158 124.092 10.241
202006 7.145 123.557 10.267
202009 7.270 125.095 10.318
202012 7.734 129.012 10.643
202103 7.704 131.660 10.389
202106 6.912 133.871 9.167
202109 8.585 137.913 11.052
202112 8.873 141.992 11.095
202203 8.756 146.537 10.609
202206 7.704 149.784 9.132
202209 7.494 147.800 9.002
202212 7.472 150.207 8.832
202303 7.688 153.352 8.901
202306 8.338 154.519 9.580
202309 8.218 155.464 9.385
202312 6.881 157.148 7.774
202403 6.858 159.372 7.640
202406 6.827 161.052 7.526
202409 7.250 162.342 7.929
202412 6.813 164.740 7.343
202503 7.310 168.102 7.721
202506 7.538 169.670 7.888
202509 8.008 170.739 8.327
202512 8.541 171.765 8.828
202603 8.828 175.066 8.953
202606 9.653 177.544 9.653

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 0.77 mean?
Movida Participacoes (BSP:MOVI3) has a Cyclically Adjusted PB Ratio of 0.77 as of Aug. 13, 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 Movida Participacoes and its competitors. This is 18% below median its historical median of 0.94. Over the past decade, Movida Participacoes' Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.74. According to the industry distribution chart, Movida Participacoes ranks #187 out of 721 companies in the Business Services industry, placing it in the top 25.9%.
Is Movida Participacoes' Cyclically Adjusted PB Ratio too high?
Movida Participacoes' current Cyclically Adjusted PB Ratio of 0.77 is 18% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.74. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. Movida Participacoes' value of 0.77 is 49.7% below this industry median. Based on the distribution chart, Movida Participacoes ranks #187 out of 721 companies in the Business Services industry, which is above the industry midpoint. Overall, Movida Participacoes has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Movida Participacoes' Cyclically Adjusted PB Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Movida Participacoes ranks #187 out of 721 companies for Cyclically Adjusted PB Ratio. This puts Movida Participacoes in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Movida Participacoes' value of 0.77 is 49.7% below this benchmark. Historically, Movida Participacoes' own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.74 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.53, Movida Participacoes 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 721 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. Movida Participacoes's current Cyclically Adjusted PB Ratio of 0.77 is 49.7% 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 Movida Participacoes and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Movida Participacoes's current Cyclically Adjusted PB Ratio is 0.77, which is 18% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movida Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Movida Participacoes (BSP:MOVI3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$9.20, compared to a current price of R$6.88 — trading 25.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.77, which is 18% below median its 10-year median of 0.94 and 49.7% below the Business Services industry median of 1.53. Movida Participacoes' overall GF Score™ is 90/100 with 8 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 Movida Participacoes (BSP:MOVI3), the current Cyclically Adjusted PB Ratio is 0.77 as of Aug. 13, 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 Movida Participacoes (BSP:MOVI3) Overvalued in 2026?

Based on GuruFocus' analysis, Movida Participacoes stock appears to be undervalued. The current stock price of R$6.88 is trading 25.2% below its estimated GF Value™ of R$9.20. GuruFocus considers Movida Participacoes to be Modestly Undervalued.

Key valuation signals for BSP:MOVI3:

  • Cyclically Adjusted PB Ratio: 0.77 (18% below median its 10-year median of 0.94)
  • GF Value™: R$9.20 vs. price of R$6.88 (25.2% below fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 49.7% below the Business Services median (#187 of 721)

No single metric tells the full story. See the BSP:MOVI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Movida Participacoes Business Description

Address Dr. Renato Paes de Barros Street, No. 1017, 9th floor, Itaim Bibi, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.
90GF Score

Get the complete analysis for BSP:MOVI3

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

R$6.88
Price
R$9.20
GF Value