Raia Drogasil (BSP:RADL3) Cyclically Adjusted PB Ratio: 5.40 (As of Jul. 27, 2026) — 41% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:RADL3 Raia Drogasil SA BSP:RADL3
91 GF Score
Price R$17.98
GF Value R$30.06
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Raia Drogasil Cyclically Adjusted PB Ratio?

Raia Drogasil BSP:RADL3 -1.15% 91 Cyclically Adjusted PB Ratio is 5.40 as of Jul. 27, 2026, which is 41% below its 10-year median of 9.23. GuruFocus rates BSP:RADL3 with a GF Score™ of 91/100 and a GF Value™ of R$30.06 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 356 Healthcare Providers & Services companies, Raia Drogasil ranks worse than 83.43% on this metric.

As of today (2026-07-27), Raia Drogasil's current share price is R$17.98. Raia Drogasil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$3.33. Raia Drogasil's Cyclically Adjusted PB Ratio for today is 5.40.

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

BSP:RADL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.27   Med: 9.23   Max: 12.93
Current: 5.4

During the past years, Raia Drogasil's highest Cyclically Adjusted PB Ratio was 12.93. The lowest was 4.27. And the median was 9.23.

BSP:RADL3's Cyclically Adjusted PB Ratio is ranked worse than
83.43% of 356 companies
in the Healthcare Providers & Services industry
Industry Median: 1.83 vs BSP:RADL3: 5.40

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.

Raia Drogasil's adjusted book value per share data for the three months ended in Mar. 2026 was R$4.198. 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$3.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raia Drogasil  (BSP:RADL3) 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.


Raia Drogasil Cyclically Adjusted PB Ratio Related Terms


Raia Drogasil Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Raia Drogasil'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.

Raia Drogasil Cyclically Adjusted PB Ratio Chart

Raia Drogasil 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 9.71 8.94 10.65 7.30 7.27

Raia Drogasil 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 6.13 4.77 5.70 7.27 7.06

Raia Drogasil Cyclically Adjusted PB Ratio Competitor Comparison

For the Pharmaceutical Retailers subindustry, Raia Drogasil'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.


Raia Drogasil Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Raia Drogasil's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:RADL3
91GF Score
Raia Drogasil SA BSP:RADL3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raia Drogasil 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.

Raia Drogasil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.98/3.33
=5.40

* 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.

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

For example, Raia Drogasil'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)
=4.198/175.0655*175.0655
=4.198

Current CPI (Mar. 2026) = 175.0655.

Raia Drogasil Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.570 108.851 2.525
201609 1.610 109.986 2.563
201612 1.665 110.802 2.631
201703 1.661 111.869 2.599
201706 1.713 112.115 2.675
201709 1.764 112.777 2.738
201712 1.843 114.068 2.829
201803 1.830 114.868 2.789
201806 1.881 117.038 2.814
201809 1.926 117.881 2.860
201812 2.004 118.340 2.965
201903 2.022 120.124 2.947
201906 2.032 120.977 2.940
201909 2.267 121.292 3.272
201912 2.302 123.436 3.265
202003 2.346 124.092 3.310
202006 2.323 123.557 3.291
202009 2.385 125.095 3.338
202012 2.494 129.012 3.384
202103 2.527 131.660 3.360
202106 2.665 133.871 3.485
202109 2.720 137.913 3.453
202112 2.677 141.992 3.301
202203 2.718 146.537 3.247
202206 2.869 149.784 3.353
202209 2.891 147.800 3.424
202212 3.056 150.207 3.562
202303 3.122 153.352 3.564
202306 3.164 154.519 3.585
202309 3.272 155.464 3.685
202312 3.406 157.148 3.794
202403 3.471 159.372 3.813
202406 3.531 161.052 3.838
202409 3.603 162.342 3.885
202412 3.684 164.740 3.915
202503 3.712 168.102 3.866
202506 3.818 169.670 3.939
202509 4.003 170.739 4.104
202512 4.108 171.765 4.187
202603 4.198 175.066 4.198

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 5.40 mean?
Raia Drogasil (BSP:RADL3) has a Cyclically Adjusted PB Ratio of 5.40 as of Jul. 27, 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 Raia Drogasil and its competitors. This is 41% below median its historical median of 9.23. Over the past decade, Raia Drogasil's Cyclically Adjusted PB Ratio has ranged from 4.27 to 12.93. According to the industry distribution chart, Raia Drogasil ranks #297 out of 356 companies in the Healthcare Providers & Services industry, placing it in the top 83.4%.
Is Raia Drogasil's Cyclically Adjusted PB Ratio too high?
Raia Drogasil's current Cyclically Adjusted PB Ratio of 5.40 is 41% below median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 12.93. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.83. Raia Drogasil's value of 5.40 is 195.1% above this industry median. Based on the distribution chart, Raia Drogasil ranks #297 out of 356 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Raia Drogasil has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Raia Drogasil's Cyclically Adjusted PB Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Raia Drogasil ranks #297 out of 356 companies for Cyclically Adjusted PB Ratio. This places Raia Drogasil in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. Raia Drogasil's value of 5.40 is 195.1% above this benchmark. Historically, Raia Drogasil's own Cyclically Adjusted PB Ratio has ranged from 4.27 to 12.93 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 1.83, Raia Drogasil 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.83, based on 356 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. Raia Drogasil's current Cyclically Adjusted PB Ratio of 5.40 is 195.1% 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 Raia Drogasil and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raia Drogasil's current Cyclically Adjusted PB Ratio is 5.40, which is 41% below median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raia Drogasil stock overvalued right now?
Based on GuruFocus' analysis, Raia Drogasil (BSP:RADL3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$30.06, compared to a current price of R$17.98 — trading 40.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.40, which is 41% below median its 10-year median of 9.23 and 195.1% above the Healthcare Providers & Services industry median of 1.83. Raia Drogasil's overall GF Score™ is 91/100 with 3 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 Raia Drogasil (BSP:RADL3), the current Cyclically Adjusted PB Ratio is 5.40 as of Jul. 27, 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 Raia Drogasil (BSP:RADL3) Overvalued in 2026?

Based on GuruFocus' analysis, Raia Drogasil stock appears to be undervalued. The current stock price of R$17.98 is trading 40.2% below its estimated GF Value™ of R$30.06. GuruFocus considers Raia Drogasil to be Significantly Undervalued.

Key valuation signals for BSP:RADL3:

  • Cyclically Adjusted PB Ratio: 5.40 (41% below median its 10-year median of 9.23)
  • GF Value™: R$30.06 vs. price of R$17.98 (40.2% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 195.1% above the Healthcare Providers & Services median (#297 of 356)

No single metric tells the full story. See the BSP:RADL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raia Drogasil Business Description

Other Exchanges RADLY:USA
Address Avenue Corifeu de Azevedo Marques, 3097 Butanta, Sao Paulo, SP, BRA, 05339-900
Raia Drogasil SA operates a chain of pharmacies in Brazil. The company is mainly engaged in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines. Its pharmacies mainly operate under the Drogasil and Raia brands.
91GF Score

Get the complete analysis for BSP:RADL3

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

R$17.98
Price
R$30.06
GF Value