Marcopolo (BSP:POMO3) Cyclically Adjusted PB Ratio: 1.39 (As of Aug. 12, 2026) — Near Median

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BSP:POMO3 Marcopolo SA BSP:POMO3
79 GF Score
Price R$4.04
GF Value R$6.13
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Marcopolo Cyclically Adjusted PB Ratio?

Marcopolo BSP:POMO3 -1.94% 79 Cyclically Adjusted PB Ratio is 1.39 as of Aug. 12, 2026, which is 9% below its 10-year median of 1.53. GuruFocus rates BSP:POMO3 with a GF Score™ of 79/100 and a GF Value™ of R$6.13 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Marcopolo ranks better than 53.61% on this metric.

As of today (2026-08-12), Marcopolo's current share price is R$4.04. Marcopolo's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$2.90. Marcopolo's Cyclically Adjusted PB Ratio for today is 1.39.

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

BSP:POMO3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.53   Max: 2.74
Current: 1.4

During the past years, Marcopolo's highest Cyclically Adjusted PB Ratio was 2.74. The lowest was 0.66. And the median was 1.53.

BSP:POMO3's Cyclically Adjusted PB Ratio is ranked better than
53.61% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.565 vs BSP:POMO3: 1.40

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.

Marcopolo's adjusted book value per share data for the three months ended in Jun. 2026 was R$3.392. 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$2.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marcopolo  (BSP:POMO3) 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.


Marcopolo Cyclically Adjusted PB Ratio Related Terms


Marcopolo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marcopolo'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.

Marcopolo Cyclically Adjusted PB Ratio Chart

Marcopolo 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 0.93 0.82 1.78 1.99 2.08

Marcopolo 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 2.20 2.50 2.08 2.05 1.95

BSP:POMO3 vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Marcopolo'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.


Marcopolo Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Marcopolo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:POMO3
79GF Score
Marcopolo SA BSP:POMO3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marcopolo 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.

Marcopolo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.04/2.90
=1.39

* 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.

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

For example, Marcopolo'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)
=3.392/177.5443*177.5443
=3.392

Current CPI (Jun. 2026) = 177.5443.

Marcopolo Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.595 109.986 2.575
201612 1.507 110.802 2.415
201703 1.502 111.869 2.384
201706 1.539 112.115 2.437
201709 1.526 112.777 2.402
201712 1.558 114.068 2.425
201803 1.574 114.868 2.433
201806 1.653 117.038 2.508
201809 1.717 117.881 2.586
201812 1.732 118.340 2.598
201903 1.727 120.124 2.553
201906 1.761 120.977 2.584
201909 1.794 121.292 2.626
201912 1.864 123.436 2.681
202003 1.946 124.092 2.784
202006 1.992 123.557 2.862
202009 1.983 125.095 2.814
202012 2.058 129.012 2.832
202103 2.088 131.660 2.816
202106 2.163 133.871 2.869
202109 2.292 137.913 2.951
202112 2.342 141.992 2.928
202203 2.354 146.537 2.852
202206 2.409 149.784 2.855
202209 2.454 147.800 2.948
202212 2.548 150.207 3.012
202303 2.522 153.352 2.920
202306 2.615 154.519 3.005
202309 2.711 155.464 3.096
202312 2.853 157.148 3.223
202403 2.870 159.372 3.197
202406 2.999 161.052 3.306
202409 3.116 162.342 3.408
202412 3.251 164.740 3.504
202503 3.194 168.102 3.373
202506 3.368 169.670 3.524
202509 3.491 170.739 3.630
202512 3.089 171.765 3.193
202603 3.272 175.066 3.318
202606 3.392 177.544 3.392

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 1.39 mean?
Marcopolo (BSP:POMO3) has a Cyclically Adjusted PB Ratio of 1.39 as of Aug. 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 Marcopolo and its competitors. This is near median its historical median of 1.53. Over the past decade, Marcopolo's Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.74. According to the industry distribution chart, Marcopolo ranks #77 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 46.4%.
Is Marcopolo's Cyclically Adjusted PB Ratio too high?
Marcopolo's current Cyclically Adjusted PB Ratio of 1.39 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.74. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.57. Marcopolo's value of 1.39 is 11.2% below this industry median. Based on the distribution chart, Marcopolo ranks #77 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Marcopolo has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marcopolo's Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Marcopolo ranks #77 out of 166 companies for Cyclically Adjusted PB Ratio. This puts Marcopolo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Marcopolo's value of 1.39 is 11.2% below this benchmark. Historically, Marcopolo's own Cyclically Adjusted PB Ratio has ranged from 0.66 to 2.74 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.57, Marcopolo 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.57, based on 166 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. Marcopolo's current Cyclically Adjusted PB Ratio of 1.39 is 11.2% 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 Marcopolo and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marcopolo's current Cyclically Adjusted PB Ratio is 1.39, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marcopolo stock overvalued right now?
Based on GuruFocus' analysis, Marcopolo (BSP:POMO3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$6.13, compared to a current price of R$4.04 — trading 34.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.39, which is near median its 10-year median of 1.53 and 11.2% below the Farm & Heavy Construction Machinery industry median of 1.57. Marcopolo's overall GF Score™ is 79/100 with 5 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 Marcopolo (BSP:POMO3), the current Cyclically Adjusted PB Ratio is 1.39 as of Aug. 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 Marcopolo (BSP:POMO3) Overvalued in 2026?

Based on GuruFocus' analysis, Marcopolo stock appears to be undervalued. The current stock price of R$4.04 is trading 34.1% below its estimated GF Value™ of R$6.13. GuruFocus considers Marcopolo to be Significantly Undervalued.

Key valuation signals for BSP:POMO3:

  • Cyclically Adjusted PB Ratio: 1.39 (near median its 10-year median of 1.53)
  • GF Value™: R$6.13 vs. price of R$4.04 (34.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 11.2% below the Farm & Heavy Construction Machinery median (#77 of 166)

No single metric tells the full story. See the BSP:POMO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marcopolo Business Description

Other Exchanges POMO4:Brazil
Address Avenida Marcopolo, 280, Planalto District, Caxias do Sul, RS, BRA, 95086-200
Marcopolo SA is a Brazilian auto manufacturer. It is engaged in the manufacture and sale of buses, bus bodies, and components. The company's product line covers a wide variety of models, consisting of the coach, city, and micro bus groups, as well as the Volare micro bus family (complete bus, with chassis and body), electric and hybrid buses. It operates in two segments: Industrial and Financial. The majority of the company's revenue is generated from the Industrial segment, which produces buses, bus bodies, and spare parts. The Financial segment is responsible for financing operations through its wholly owned subsidiary. Geographically, it derives maximum revenue from Brazil, and the rest from the United States, Africa, Argentina, Australia, China, the UAE, and Mexico.
79GF Score

Get the complete analysis for BSP:POMO3

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

R$4.04
Price
R$6.13
GF Value