T4F Entretenimento (BSP:SHOW3) Cyclically Adjusted PB Ratio: 0.15 (As of Sep. 01, 2026) — 68% Below Median

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BSP:SHOW3 T4F Entretenimento SA BSP:SHOW3
60 GF Score
Price R$6.55
GF Value R$5.88
Valuation Modestly Overvalued
! 4 Warning Signs
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What is T4F Entretenimento Cyclically Adjusted PB Ratio?

T4F Entretenimento BSP:SHOW3 +4.47% 60 Cyclically Adjusted PB Ratio is 0.15 as of Sep. 01, 2026, which is 68% below its 10-year median of 0.47. GuruFocus rates BSP:SHOW3 with a GF Score™ of 60/100 and a GF Value™ of R$5.88 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 602 Travel & Leisure companies, T4F Entretenimento ranks better than 93.69% on this metric.

As of today (2026-09-01), T4F Entretenimento's current share price is R$6.55. T4F Entretenimento's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$42.53. T4F Entretenimento's Cyclically Adjusted PB Ratio for today is 0.15.

The historical rank and industry rank for T4F Entretenimento's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:SHOW3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.47   Max: 1.32
Current: 0.15

During the past years, T4F Entretenimento's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.10. And the median was 0.47.

BSP:SHOW3's Cyclically Adjusted PB Ratio is ranked better than
93.69% of 602 companies
in the Travel & Leisure industry
Industry Median: 1.175 vs BSP:SHOW3: 0.15

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.

T4F Entretenimento's adjusted book value per share data for the three months ended in Jun. 2026 was R$13.338. 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$42.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T4F Entretenimento  (BSP:SHOW3) 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.


T4F Entretenimento Cyclically Adjusted PB Ratio Related Terms


T4F Entretenimento Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for T4F Entretenimento'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.

T4F Entretenimento Cyclically Adjusted PB Ratio Chart

T4F Entretenimento 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 0.65 0.45 0.43 0.14 0.13

T4F Entretenimento 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 0.15 0.13 0.13 0.10 0.14

BSP:SHOW3 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, T4F Entretenimento'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.


T4F Entretenimento Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, T4F Entretenimento's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T4F Entretenimento's Cyclically Adjusted PB Ratio falls into.


BSP:SHOW3
60GF Score
T4F Entretenimento SA BSP:SHOW3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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T4F Entretenimento 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.

T4F Entretenimento's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.55/42.53
=0.15

* 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.

T4F Entretenimento's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, T4F Entretenimento'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)
=13.338/177.5443*177.5443
=13.338

Current CPI (Jun. 2026) = 177.5443.

T4F Entretenimento Quarterly Data

Book Value per Share CPI Adj_Book
201609 42.175 109.986 68.081
201612 42.292 110.802 67.767
201703 43.097 111.869 68.398
201706 44.560 112.115 70.565
201709 46.341 112.777 72.954
201712 47.929 114.068 74.601
201803 46.887 114.868 72.470
201806 47.672 117.038 72.318
201809 49.576 117.881 74.668
201812 48.918 118.340 73.391
201903 46.100 120.124 68.136
201906 43.135 120.977 63.304
201909 41.514 121.292 60.767
201912 41.235 123.436 59.310
202003 40.889 124.092 58.502
202006 38.294 123.557 55.026
202009 37.778 125.095 53.617
202012 28.594 129.012 39.350
202103 28.212 131.660 38.044
202106 25.092 133.871 33.278
202109 22.862 137.913 29.432
202112 20.044 141.992 25.063
202203 20.499 146.537 24.837
202206 22.346 149.784 26.488
202209 21.024 147.800 25.255
202212 16.543 150.207 19.554
202303 19.342 153.352 22.393
202306 21.904 154.519 25.168
202309 22.683 155.464 25.905
202312 26.262 157.148 29.671
202403 26.322 159.372 29.323
202406 24.415 161.052 26.915
202409 22.978 162.342 25.130
202412 19.840 164.740 21.382
202503 19.069 168.102 20.140
202506 19.081 169.670 19.967
202509 15.245 170.739 15.853
202512 15.284 171.765 15.798
202603 14.856 175.066 15.066
202606 13.338 177.544 13.338

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 0.15 mean?
T4F Entretenimento (BSP:SHOW3) has a Cyclically Adjusted PB Ratio of 0.15 as of Sep. 01, 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 T4F Entretenimento and its competitors. This is 68% below median its historical median of 0.47. Over the past decade, T4F Entretenimento's Cyclically Adjusted PB Ratio has ranged from 0.10 to 1.32. According to the industry distribution chart, T4F Entretenimento ranks #38 out of 602 companies in the Travel & Leisure industry, placing it in the top 6.3%.
Is T4F Entretenimento's Cyclically Adjusted PB Ratio too high?
T4F Entretenimento's current Cyclically Adjusted PB Ratio of 0.15 is 68% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.32. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.18. T4F Entretenimento's value of 0.15 is 87.2% below this industry median. Based on the distribution chart, T4F Entretenimento ranks #38 out of 602 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, T4F Entretenimento has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T4F Entretenimento's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, T4F Entretenimento ranks #38 out of 602 companies for Cyclically Adjusted PB Ratio. This places T4F Entretenimento in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. T4F Entretenimento's value of 0.15 is 87.2% below this benchmark. Historically, T4F Entretenimento's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 1.32 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.18, T4F Entretenimento 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.18, based on 602 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. T4F Entretenimento's current Cyclically Adjusted PB Ratio of 0.15 is 87.2% 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 T4F Entretenimento and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T4F Entretenimento's current Cyclically Adjusted PB Ratio is 0.15, which is 68% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T4F Entretenimento stock overvalued right now?
Based on GuruFocus' analysis, T4F Entretenimento (BSP:SHOW3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$5.88, compared to a current price of R$6.55 — trading 11.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.15, which is 68% below median its 10-year median of 0.47 and 87.2% below the Travel & Leisure industry median of 1.18. T4F Entretenimento's overall GF Score™ is 60/100 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 T4F Entretenimento (BSP:SHOW3), the current Cyclically Adjusted PB Ratio is 0.15 as of Sep. 01, 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 T4F Entretenimento (BSP:SHOW3) Overvalued in 2026?

Based on GuruFocus' analysis, T4F Entretenimento stock appears to be overvalued. The current stock price of R$6.55 is trading 11.4% above its estimated GF Value™ of R$5.88. GuruFocus considers T4F Entretenimento to be Modestly Overvalued.

Key valuation signals for BSP:SHOW3:

  • Cyclically Adjusted PB Ratio: 0.15 (68% below median its 10-year median of 0.47)
  • GF Value™: R$5.88 vs. price of R$6.55 (11.4% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 87.2% below the Travel & Leisure median (#38 of 602)

No single metric tells the full story. See the BSP:SHOW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T4F Entretenimento Business Description

Address Rua Cristiano Viana, no 401, 15th floor - Pinheiros, Sao Paulo, SP, BRA, CEP 05411- 000
T4F Entretenimento SA is a Brazil-based company. The company is primarily engaged in the management, promotion, organization, production, representation, programming, and undertaking of live entertainment-related activities, such as sports, artistic and cultural events, shows and performances of various nature, as well as the management and operation of performing arts venues. The company also sells ticket live concerts and shows, stage plays, and exhibits; sale of food and beverages. Most of its revenue is earned from Argentina market, while it also has a presence in Brasil, Chile, and Peru market.
60GF 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.

R$6.55
Price
R$5.88
GF Value