BSP:PLPL3's Cyclically Adjusted PB Ratio is ranked worse than 94.24% of 1440
companies
in the Real Estate industry
Industry Median: 0.71
vs BSP:PLPL3: 4.28
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.
Plano & Plano Desenvolvimento Imobiliario's adjusted book value per share data of for the fiscal year that ended in Dec25 was R$5.043. 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$2.00 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) 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.
Plano & Plano Desenvolvimento Imobiliario Cyclically Adjusted PB Ratio Related Terms
Plano & Plano Desenvolvimento Imobiliario Cyclically Adjusted PB Ratio Historical Data
* 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.
Plano & Plano Desenvolvimento Imobiliario Cyclically Adjusted PB Ratio Chart
Plano & Plano Desenvolvimento Imobiliario Annual Data
Plano & Plano Desenvolvimento Imobiliario Cyclically Adjusted PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Plano & Plano Desenvolvimento Imobiliario'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.
Plano & Plano Desenvolvimento Imobiliario Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Plano & Plano Desenvolvimento Imobiliario's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Plano & Plano Desenvolvimento Imobiliario's Cyclically Adjusted PB Ratio falls into.
Plano & Plano Desenvolvimento Imobiliario 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.
* 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.
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 4.11 mean?
Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) has a Cyclically Adjusted PB Ratio of 4.11 as of Jul. 07, 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 Plano & Plano Desenvolvimento Imobiliario and its competitors. This is 44% below median its historical median of 7.31. Over the past decade, Plano & Plano Desenvolvimento Imobiliario's Cyclically Adjusted PB Ratio has ranged from 4.28 to 8.07. According to the industry distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #1357 out of 1440 companies in the Real Estate industry, placing it in the top 94.2%.
Is Plano & Plano Desenvolvimento Imobiliario's Cyclically Adjusted PB Ratio too high?
Plano & Plano Desenvolvimento Imobiliario's current Cyclically Adjusted PB Ratio of 4.11 is 44% below median its 10-year median of 7.31. Over the past 10 years, this metric has ranged from a low of 4.28 to a high of 8.07. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Plano & Plano Desenvolvimento Imobiliario's value of 4.11 is 478.9% above this industry median. Based on the distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #1357 out of 1440 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Plano & Plano Desenvolvimento Imobiliario has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plano & Plano Desenvolvimento Imobiliario's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #1357 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Plano & Plano Desenvolvimento Imobiliario in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Plano & Plano Desenvolvimento Imobiliario's value of 4.11 is 478.9% above this benchmark. Historically, Plano & Plano Desenvolvimento Imobiliario's own Cyclically Adjusted PB Ratio has ranged from 4.28 to 8.07 over the past decade. While the company's 10-year median is 7.31 vs. the industry median of 0.71, Plano & Plano Desenvolvimento Imobiliario has consistently been above 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 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. Plano & Plano Desenvolvimento Imobiliario's current Cyclically Adjusted PB Ratio of 4.11 is 478.9% above 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 Plano & Plano Desenvolvimento Imobiliario and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plano & Plano Desenvolvimento Imobiliario's current Cyclically Adjusted PB Ratio is 4.11, which is 44% below median its own 10-year median of 7.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plano & Plano Desenvolvimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) is currently considered Possible Value Trap. The stock's GF Value™ is R$18.99, compared to a current price of R$8.22 — trading 56.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.11, which is 44% below median its 10-year median of 7.31 and 478.9% above the Real Estate industry median of 0.71. Plano & Plano Desenvolvimento Imobiliario's overall GF Score™ is 83/100 with 4 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 Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3), the current Cyclically Adjusted PB Ratio is 4.11 as of Jul. 07, 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 Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) Overvalued in 2026?
Based on GuruFocus' analysis, Plano & Plano Desenvolvimento Imobiliario stock appears to be undervalued.
The current stock price of R$8.22 is trading 56.7% below its estimated GF Value™ of R$18.99.
GuruFocus considers Plano & Plano Desenvolvimento Imobiliario to be Possible Value Trap.
Key valuation signals for BSP:PLPL3:
Cyclically Adjusted PB Ratio: 4.11 (44% below median its 10-year median of 7.31)
GF Value™: R$18.99 vs. price of R$8.22 (56.7% below fair value)
Industry Position: 478.9% above the Real Estate median (#1357 of 1440)
No single metric tells the full story. See the BSP:PLPL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plano & Plano Desenvolvimento Imobiliario Business Description
Plano & Plano Desenvolvimento Imobiliario SA is one of the largest construction companies and real estate developers in the Sao Paulo Metropolitan Region.
83GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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