SLC Agricola (BSP:SLCE3) Cyclically Adjusted PB Ratio: 1.71 (As of Aug. 29, 2026) — 15% Below Median

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:SLCE3 SLC Agricola SA BSP:SLCE3
86 GF Score
Price R$15.77
GF Value R$20.98
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is SLC Agricola Cyclically Adjusted PB Ratio?

SLC Agricola BSP:SLCE3 -1.50% 86 Cyclically Adjusted PB Ratio is 1.71 as of Aug. 29, 2026, which is 15% below its 10-year median of 2.01. GuruFocus rates BSP:SLCE3 with a GF Score™ of 86/100 and a GF Value™ of R$20.98 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,267 Consumer Packaged Goods companies, SLC Agricola ranks worse than 62.35% on this metric.

As of today (2026-08-29), SLC Agricola's current share price is R$15.77. SLC Agricola's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$9.23. SLC Agricola's Cyclically Adjusted PB Ratio for today is 1.71.

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

BSP:SLCE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 2.01   Max: 3.54
Current: 1.71

During the past years, SLC Agricola's highest Cyclically Adjusted PB Ratio was 3.54. The lowest was 0.93. And the median was 2.01.

BSP:SLCE3's Cyclically Adjusted PB Ratio is ranked worse than
62.35% of 1267 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs BSP:SLCE3: 1.71

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.

SLC Agricola's adjusted book value per share data for the three months ended in Jun. 2026 was R$10.930. 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$9.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SLC Agricola  (BSP:SLCE3) 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.


SLC Agricola Cyclically Adjusted PB Ratio Related Terms


SLC Agricola Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SLC Agricola'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.

SLC Agricola Cyclically Adjusted PB Ratio Chart

SLC Agricola 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 2.67 2.78 2.24 1.92 1.63

SLC Agricola 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 1.87 1.69 1.63 2.08 1.40

BSP:SLCE3 vs ADM, BG, TSN: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, SLC Agricola'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.


SLC Agricola Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SLC Agricola's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:SLCE3
86GF Score
SLC Agricola SA BSP:SLCE3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SLC Agricola 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.

SLC Agricola's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.77/9.23
=1.71

* 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.

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

For example, SLC Agricola'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)
=10.93/177.5443*177.5443
=10.930

Current CPI (Jun. 2026) = 177.5443.

SLC Agricola Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.400 109.986 7.103
201612 4.633 110.802 7.424
201703 4.932 111.869 7.827
201706 5.029 112.115 7.964
201709 4.850 112.777 7.635
201712 4.806 114.068 7.480
201803 5.126 114.868 7.923
201806 4.901 117.038 7.435
201809 4.946 117.881 7.449
201812 5.072 118.340 7.609
201903 5.272 120.124 7.792
201906 5.647 120.977 8.287
201909 5.389 121.292 7.888
201912 5.470 123.436 7.868
202003 5.305 124.092 7.590
202006 5.609 123.557 8.060
202009 5.329 125.095 7.563
202012 5.758 129.012 7.924
202103 6.159 131.660 8.305
202106 7.230 133.871 9.589
202109 6.957 137.913 8.956
202112 6.230 141.992 7.790
202203 9.126 146.537 11.057
202206 9.411 149.784 11.155
202209 9.374 147.800 11.261
202212 9.098 150.207 10.754
202303 9.381 153.352 10.861
202306 10.600 154.519 12.180
202309 10.495 155.464 11.986
202312 9.950 157.148 11.241
202403 9.991 159.372 11.130
202406 9.895 161.052 10.908
202409 10.018 162.342 10.956
202412 8.063 164.740 8.690
202503 9.902 168.102 10.458
202506 10.434 169.670 10.918
202509 10.609 170.739 11.032
202512 9.001 171.765 9.304
202603 10.698 175.066 10.849
202606 10.930 177.544 10.930

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 1.71 mean?
SLC Agricola (BSP:SLCE3) has a Cyclically Adjusted PB Ratio of 1.71 as of Aug. 29, 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 SLC Agricola and its competitors. This is 15% below median its historical median of 2.01. Over the past decade, SLC Agricola's Cyclically Adjusted PB Ratio has ranged from 0.93 to 3.54. According to the industry distribution chart, SLC Agricola ranks #790 out of 1267 companies in the Consumer Packaged Goods industry, placing it in the top 62.4%.
Is SLC Agricola's Cyclically Adjusted PB Ratio too high?
SLC Agricola's current Cyclically Adjusted PB Ratio of 1.71 is 15% below median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 3.54. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. SLC Agricola's value of 1.71 is 35.7% above this industry median. Based on the distribution chart, SLC Agricola ranks #790 out of 1267 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, SLC Agricola has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SLC Agricola's Cyclically Adjusted PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, SLC Agricola ranks #790 out of 1267 companies for Cyclically Adjusted PB Ratio. This places SLC Agricola in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. SLC Agricola's value of 1.71 is 35.7% above this benchmark. Historically, SLC Agricola's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 3.54 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 1.26, SLC Agricola 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,267 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. SLC Agricola's current Cyclically Adjusted PB Ratio of 1.71 is 35.7% 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 SLC Agricola and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SLC Agricola's current Cyclically Adjusted PB Ratio is 1.71, which is 15% below median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SLC Agricola stock overvalued right now?
Based on GuruFocus' analysis, SLC Agricola (BSP:SLCE3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$20.98, compared to a current price of R$15.77 — trading 24.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.71, which is 15% below median its 10-year median of 2.01 and 35.7% above the Consumer Packaged Goods industry median of 1.26. SLC Agricola's overall GF Score™ is 86/100 with 6 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 SLC Agricola (BSP:SLCE3), the current Cyclically Adjusted PB Ratio is 1.71 as of Aug. 29, 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 SLC Agricola (BSP:SLCE3) Overvalued in 2026?

Based on GuruFocus' analysis, SLC Agricola stock appears to be undervalued. The current stock price of R$15.77 is trading 24.8% below its estimated GF Value™ of R$20.98. GuruFocus considers SLC Agricola to be Modestly Undervalued.

Key valuation signals for BSP:SLCE3:

  • Cyclically Adjusted PB Ratio: 1.71 (15% below median its 10-year median of 2.01)
  • GF Value™: R$20.98 vs. price of R$15.77 (24.8% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 35.7% above the Consumer Packaged Goods median (#790 of 1267)

No single metric tells the full story. See the BSP:SLCE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SLC Agricola Business Description

Other Exchanges SLCJY:USAGJ9:Germany
Address Rua Nilo Pecanha, 2900, Room 301, Porto Alegre, RS, BRA, 91330-002
SLC Agricola SA is an agricultural company. Its core business activities include the production and sale of seeds and saplings; the processing and trading of its products, the supply of primary agricultural goods and products; the rendering of inbound logistics, cleaning, drying and storage services as well as rendering services of agricultural machinery and equipment to third parties; the trading, import and export of agricultural products; and processing of sugarcane, ethanol and its byproducts. It operates through two business segments viz. The agricultural production segment comprises the cultivation of cotton, soybean and corn; and the Land portfolio segment includes the acquisition and development of land for agriculture. Its products are cotton, corn, soybean, and other.
86GF Score

Get the complete analysis for BSP:SLCE3

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

R$15.77
Price
R$20.98
GF Value