MRS Logistica (BSP:MRSA5B) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:MRSA5B MRS Logistica SA BSP:MRSA5B
76 GF Score
Price R$38.00
GF Value R$30.25
Valuation Modestly Overvalued
! 4 Warning Signs
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What is MRS Logistica Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MRS Logistica  (BSP:MRSA5B) 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.


MRS Logistica Cyclically Adjusted PB Ratio Related Terms


MRS Logistica Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MRS Logistica'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.

MRS Logistica Cyclically Adjusted PB Ratio Chart

MRS Logistica 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 3.47 1.56 1.51 1.78 2.15

MRS Logistica 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 1.47 1.36 2.18 2.42 1.94

BSP:MRSA5B vs UNP, CSX, NSC: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, MRS Logistica'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.


MRS Logistica Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, MRS Logistica's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:MRSA5B
76GF Score
MRS Logistica SA BSP:MRSA5B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MRS Logistica 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.

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

For example, MRS Logistica'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)
=27.138/177.5443*177.5443
=27.138

Current CPI (Jun. 2026) = 177.5443.

MRS Logistica Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.847 109.986 15.895
201612 9.714 110.802 15.565
201703 10.019 111.869 15.901
201706 10.152 112.115 16.077
201709 10.580 112.777 16.656
201712 10.457 114.068 16.276
201803 10.717 114.868 16.565
201806 10.760 117.038 16.323
201809 11.244 117.881 16.935
201812 11.306 118.340 16.962
201903 11.648 120.124 17.216
201906 11.999 120.977 17.610
201909 12.531 121.292 18.343
201912 12.066 123.436 17.355
202003 11.797 124.092 16.879
202006 12.228 123.557 17.571
202009 12.665 125.095 17.975
202012 12.685 129.012 17.457
202103 12.907 131.660 17.405
202106 14.144 133.871 18.758
202109 14.548 137.913 18.729
202112 14.257 141.992 17.827
202203 14.553 146.537 17.632
202206 15.162 149.784 17.972
202209 16.111 147.800 19.353
202212 16.217 150.207 19.168
202303 16.646 153.352 19.272
202306 17.632 154.519 20.259
202309 18.865 155.464 21.544
202312 18.894 157.148 21.346
202403 19.829 159.372 22.090
202406 20.878 161.052 23.016
202409 22.237 162.342 24.319
202412 22.090 164.740 23.807
202503 22.927 168.102 24.215
202506 24.353 169.670 25.483
202509 25.717 170.739 26.742
202512 25.598 171.765 26.459
202603 25.872 175.066 26.238
202606 27.138 177.544 27.138

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 MRS Logistica (BSP:MRSA5B) Overvalued in 2026?

Based on GuruFocus' analysis, MRS Logistica stock appears to be overvalued. The current stock price of R$38.00 is trading 25.6% above its estimated GF Value™ of R$30.25. GuruFocus considers MRS Logistica to be Modestly Overvalued.

Key valuation signals for BSP:MRSA5B:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$30.25 vs. price of R$38.00 (25.6% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the BSP:MRSA5B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRS Logistica Business Description

Other Exchanges MRSA6B:BrazilMRSA3B:Brazil
Address Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906
MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.
76GF Score

Get the complete analysis for BSP:MRSA5B

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

R$38.00
Price
R$30.25
GF Value