Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) Cyclically Adjusted PB Ratio: (As of Aug. 18, 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.
Reviewed by: Charlie Tian Charlie Tian
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:PEAB3 Companhia de Participacoes Alianca da Bahia BSP:PEAB3
64 GF Score
Price R$38.86
GF Value R$61.50
Valuation Possible Value Trap
! 4 Warning Signs
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What is Companhia de Participacoes Alianca da Bahia Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia de Participacoes Alianca da Bahia  (BSP:PEAB3) 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.


Companhia de Participacoes Alianca da Bahia Cyclically Adjusted PB Ratio Related Terms


Companhia de Participacoes Alianca da Bahia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Companhia de Participacoes Alianca da Bahia'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.

Companhia de Participacoes Alianca da Bahia Cyclically Adjusted PB Ratio Chart

Companhia de Participacoes Alianca da Bahia 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 1.03 0.90 0.59 0.74 0.64

Companhia de Participacoes Alianca da Bahia 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 0.70 0.63 0.64 0.65 0.00

BSP:PEAB3 vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Companhia de Participacoes Alianca da Bahia'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.


Companhia de Participacoes Alianca da Bahia Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Companhia de Participacoes Alianca da Bahia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia de Participacoes Alianca da Bahia's Cyclically Adjusted PB Ratio falls into.


BSP:PEAB3
64GF Score
Companhia de Participacoes Alianca da Bahia BSP:PEAB3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia de Participacoes Alianca da Bahia 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.

Companhia de Participacoes Alianca da Bahia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Companhia de Participacoes Alianca da Bahia'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)
=48.685/177.5443*177.5443
=48.685

Current CPI (Jun. 2026) = 177.5443.

Companhia de Participacoes Alianca da Bahia Quarterly Data

Book Value per Share CPI Adj_Book
201609 37.436 109.986 60.431
201612 39.509 110.802 63.308
201703 40.166 111.869 63.746
201706 38.869 112.115 61.553
201709 40.464 112.777 63.702
201712 40.409 114.068 62.896
201803 42.004 114.868 64.923
201806 39.595 117.038 60.065
201809 40.854 117.881 61.531
201812 40.713 118.340 61.081
201903 41.992 120.124 62.065
201906 40.898 120.977 60.021
201909 40.433 121.292 59.185
201912 41.257 123.436 59.342
202003 39.984 124.092 57.207
202006 37.010 123.557 53.181
202009 74.624 125.095 105.912
202012 53.425 129.012 73.522
202103 44.177 131.660 59.573
202106 45.096 133.871 59.808
202109 63.811 137.913 82.148
202112 51.501 141.992 64.396
202203 52.843 146.537 64.025
202206 52.635 149.784 62.390
202209 52.766 147.800 63.385
202212 53.438 150.207 63.164
202303 53.484 153.352 61.921
202306 53.933 154.519 61.970
202309 53.741 155.464 61.374
202312 53.384 157.148 60.313
202403 46.221 159.372 51.491
202406 46.690 161.052 51.471
202409 47.468 162.342 51.913
202412 47.399 164.740 51.083
202503 47.539 168.102 50.209
202506 48.114 169.670 50.347
202509 48.007 170.739 49.920
202512 50.302 171.765 51.994
202603 51.087 175.066 51.810
202606 48.685 177.544 48.685

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 Companhia de Participacoes Alianca da Bahia (BSP:PEAB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Participacoes Alianca da Bahia stock appears to be undervalued. The current stock price of R$38.86 is trading 36.8% below its estimated GF Value™ of R$61.50. GuruFocus considers Companhia de Participacoes Alianca da Bahia to be Possible Value Trap.

Key valuation signals for BSP:PEAB3:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$61.50 vs. price of R$38.86 (36.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the BSP:PEAB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Participacoes Alianca da Bahia Business Description

Other Exchanges PEAB4:Brazil
Address Av. Prof. Magalhães Neto, 11th floor, Tower Itausa, Pituba, Salvador, BA, BRA, 1752
Companhia de Participacoes Alianca da Bahia is a holding company. It is in the sectors such as agriculture, health care services, commercial operation of bars and restaurants, real estate and engineering.
64GF Score

Get the complete analysis for BSP:PEAB3

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

R$38.86
Price
R$61.50
GF Value