Padtec Holding (BSP:PDTC3) Cyclically Adjusted PB Ratio: 1.67 (As of Jul. 12, 2026) — 62% Above Median


BSP:PDTC3 Padtec Holding SA BSP:PDTC3
65 GF Score
Price R$1.70
GF Value R$1.51
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Padtec Holding Cyclically Adjusted PB Ratio?

Padtec Holding BSP:PDTC3 +6.25% 65 Cyclically Adjusted PB Ratio is 1.67 as of Jul. 12, 2026, which is 62% above its 10-year median of 1.03. GuruFocus rates BSP:PDTC3 with a GF Score™ of 65/100 and a GF Value™ of R$1.51 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,985 Hardware companies, Padtec Holding ranks better than 57.33% on this metric.

As of today (2026-07-12), Padtec Holding's current share price is R$1.70. Padtec Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$1.02. Padtec Holding's Cyclically Adjusted PB Ratio for today is 1.67.

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

BSP:PDTC3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.03   Max: 7.13
Current: 1.67

During the past years, Padtec Holding's highest Cyclically Adjusted PB Ratio was 7.13. The lowest was 0.19. And the median was 1.03.

BSP:PDTC3's Cyclically Adjusted PB Ratio is ranked better than
57.33% of 1985 companies
in the Hardware industry
Industry Median: 2.15 vs BSP:PDTC3: 1.67

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.

Padtec Holding's adjusted book value per share data for the three months ended in Mar. 2026 was R$1.808. 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$1.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Padtec Holding  (BSP:PDTC3) 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.


Padtec Holding Cyclically Adjusted PB Ratio Related Terms


Padtec Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Padtec Holding'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.

Padtec Holding Cyclically Adjusted PB Ratio Chart

Padtec Holding 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 1.50 0.92 1.95 4.07 1.92

Padtec Holding 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 6.01 6.95 3.07 1.92 1.41

BSP:PDTC3 vs CSCO, CIEN, MSI: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Padtec Holding'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.


Padtec Holding Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Padtec Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:PDTC3
65GF Score
Padtec Holding SA BSP:PDTC3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Padtec Holding 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.

Padtec Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.70/1.02
=1.67

* 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.

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

For example, Padtec Holding'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)
=1.808/175.0655*175.0655
=1.808

Current CPI (Mar. 2026) = 175.0655.

Padtec Holding Quarterly Data

Book Value per Share CPI Adj_Book
201606 -7.570 108.851 -12.175
201609 -1.485 109.986 -2.364
201612 -0.659 110.802 -1.041
201703 -0.287 111.869 -0.449
201706 1.066 112.115 1.665
201709 0.474 112.777 0.736
201712 0.147 114.068 0.226
201803 0.034 114.868 0.052
201806 0.318 117.038 0.476
201809 0.259 117.881 0.385
201812 0.813 118.340 1.203
201903 0.857 120.124 1.249
201906 0.923 120.977 1.336
201909 1.267 121.292 1.829
201912 1.123 123.436 1.593
202003 1.038 124.092 1.464
202006 1.118 123.557 1.584
202009 1.216 125.095 1.702
202012 1.313 129.012 1.782
202103 1.460 131.660 1.941
202106 1.599 133.871 2.091
202109 1.658 137.913 2.105
202112 1.636 141.992 2.017
202203 1.575 146.537 1.882
202206 1.526 149.784 1.784
202209 1.665 147.800 1.972
202212 1.729 150.207 2.015
202303 1.741 153.352 1.988
202306 1.721 154.519 1.950
202309 1.935 155.464 2.179
202312 1.926 157.148 2.146
202403 1.755 159.372 1.928
202406 1.675 161.052 1.821
202409 1.644 162.342 1.773
202412 1.534 164.740 1.630
202503 1.551 168.102 1.615
202506 1.484 169.670 1.531
202509 1.552 170.739 1.591
202512 1.698 171.765 1.731
202603 1.808 175.066 1.808

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 1.67 mean?
Padtec Holding (BSP:PDTC3) has a Cyclically Adjusted PB Ratio of 1.67 as of Jul. 12, 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 Padtec Holding and its competitors. This is 62% above median its historical median of 1.03. Over the past decade, Padtec Holding's Cyclically Adjusted PB Ratio has ranged from 0.19 to 7.13. According to the industry distribution chart, Padtec Holding ranks #847 out of 1985 companies in the Hardware industry, placing it in the top 42.7%.
Is Padtec Holding's Cyclically Adjusted PB Ratio too high?
Padtec Holding's current Cyclically Adjusted PB Ratio of 1.67 is 62% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 7.13. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. Padtec Holding's value of 1.67 is 22.3% below this industry median. Based on the distribution chart, Padtec Holding ranks #847 out of 1985 companies in the Hardware industry, which is above the industry midpoint. Overall, Padtec Holding has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Padtec Holding's Cyclically Adjusted PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Padtec Holding ranks #847 out of 1985 companies for Cyclically Adjusted PB Ratio. This puts Padtec Holding in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Padtec Holding's value of 1.67 is 22.3% below this benchmark. Historically, Padtec Holding's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 7.13 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 2.15, Padtec Holding 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,985 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. Padtec Holding's current Cyclically Adjusted PB Ratio of 1.67 is 22.3% 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 Padtec Holding and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Padtec Holding's current Cyclically Adjusted PB Ratio is 1.67, which is 62% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Padtec Holding stock overvalued right now?
Based on GuruFocus' analysis, Padtec Holding (BSP:PDTC3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$1.51, compared to a current price of R$1.70 — trading 12.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.67, which is 62% above median its 10-year median of 1.03 and 22.3% below the Hardware industry median of 2.15. Padtec Holding's overall GF Score™ is 65/100 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 Padtec Holding (BSP:PDTC3), the current Cyclically Adjusted PB Ratio is 1.67 as of Jul. 12, 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 Padtec Holding (BSP:PDTC3) Overvalued in 2026?

Based on GuruFocus' analysis, Padtec Holding stock appears to be overvalued. The current stock price of R$1.70 is trading 12.6% above its estimated GF Value™ of R$1.51. GuruFocus considers Padtec Holding to be Modestly Overvalued.

Key valuation signals for BSP:PDTC3:

  • Cyclically Adjusted PB Ratio: 1.67 (62% above median its 10-year median of 1.03)
  • GF Value™: R$1.51 vs. price of R$1.70 (12.6% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 22.3% below the Hardware median (#847 of 1985)

No single metric tells the full story. See the BSP:PDTC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Padtec Holding Business Description

Address Rua Doutor Ricardo Benetton Martins, 1.000 - Parque II de Alta Tecnologia - Campinas, Sao Paulo, SP, BRA, 13086-510
Padtec Holding SA offers optical transmission solutions, based on DWDM technology. Its solutions and platform include Network backbones, Metropolitan Networks, SAN Extension, and DCI, MultiPad MPD-1200, LightPad i6400G, and others. The company provides its services to Government, Financial, Utilities and Integrator, IT and Multimedia, and others.
65GF Score

Get the complete analysis for BSP:PDTC3

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

R$1.70
Price
R$1.51
GF Value