Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) Cyclically Adjusted PB Ratio: 1.94 (As of Aug. 01, 2026) — Near Median

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BSP:SMFT3 Smartfit Escola DE Ginastica E Danca SA BSP:SMFT3
80 GF Score
Price R$19.70
GF Value R$34.48
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Smartfit Escola DE Ginastica E Danca Cyclically Adjusted PB Ratio?

Smartfit Escola DE Ginastica E Danca BSP:SMFT3 -1.30% 80 Cyclically Adjusted PB Ratio is 1.94 as of Aug. 01, 2026, which is 2% above its 10-year median of 1.90. GuruFocus rates BSP:SMFT3 with a GF Score™ of 80/100 and a GF Value™ of R$34.48 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 643 Travel & Leisure companies, Smartfit Escola DE Ginastica E Danca ranks worse than 65.32% on this metric.

As of today (2026-08-01), Smartfit Escola DE Ginastica E Danca's current share price is R$19.70. Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$10.17. Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio for today is 1.94.

The historical rank and industry rank for Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:SMFT3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 1.9   Max: 2.32
Current: 1.93

During the past years, Smartfit Escola DE Ginastica E Danca's highest Cyclically Adjusted PB Ratio was 2.32. The lowest was 1.70. And the median was 1.90.

BSP:SMFT3's Cyclically Adjusted PB Ratio is ranked worse than
65.32% of 643 companies
in the Travel & Leisure industry
Industry Median: 1.21 vs BSP:SMFT3: 1.93

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.

Smartfit Escola DE Ginastica E Danca's adjusted book value per share data for the three months ended in Mar. 2026 was R$9.654. 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$10.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smartfit Escola DE Ginastica E Danca  (BSP:SMFT3) 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.


Smartfit Escola DE Ginastica E Danca Cyclically Adjusted PB Ratio Related Terms


Smartfit Escola DE Ginastica E Danca Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Smartfit Escola DE Ginastica E Danca'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.

Smartfit Escola DE Ginastica E Danca Cyclically Adjusted PB Ratio Chart

Smartfit Escola DE Ginastica E Danca 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 0.00 0.00 0.00 0.00 2.33

Smartfit Escola DE Ginastica E Danca 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 0.00 0.00 0.00 2.33 1.88

BSP:SMFT3 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Smartfit Escola DE Ginastica E Danca'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.


Smartfit Escola DE Ginastica E Danca Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio falls into.


BSP:SMFT3
80GF Score
Smartfit Escola DE Ginastica E Danca SA BSP:SMFT3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartfit Escola DE Ginastica E Danca 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.

Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.70/10.17
=1.94

* 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.

Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Smartfit Escola DE Ginastica E Danca'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)
=9.654/175.0655*175.0655
=9.654

Current CPI (Mar. 2026) = 175.0655.

Smartfit Escola DE Ginastica E Danca Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 108.851 0.000
201609 0.000 109.986 0.000
201612 1.774 110.802 2.803
201703 1.800 111.869 2.817
201706 1.779 112.115 2.778
201709 1.667 112.777 2.588
201712 1.657 114.068 2.543
201803 2.338 114.868 3.563
201806 3.617 117.038 5.410
201809 3.631 117.881 5.392
201812 4.888 118.340 7.231
201903 4.947 120.124 7.210
201906 64.173 120.977 92.864
201909 5.226 121.292 7.543
201912 7.095 123.436 10.063
202003 7.357 124.092 10.379
202006 7.054 123.557 9.995
202009 6.533 125.095 9.143
202012 7.717 129.012 10.472
202103 7.699 131.660 10.237
202106 6.494 133.871 8.492
202109 7.650 137.913 9.711
202112 7.434 141.992 9.166
202203 6.932 146.537 8.282
202206 6.987 149.784 8.166
202209 7.014 147.800 8.308
202212 7.079 150.207 8.251
202303 7.345 153.352 8.385
202306 7.724 154.519 8.751
202309 7.970 155.464 8.975
202312 8.570 157.148 9.547
202403 8.911 159.372 9.788
202406 9.029 161.052 9.815
202409 8.894 162.342 9.591
202412 9.226 164.740 9.804
202503 9.197 168.102 9.578
202506 9.383 169.670 9.681
202509 9.522 170.739 9.763
202512 9.420 171.765 9.601
202603 9.654 175.066 9.654

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 1.94 mean?
Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) has a Cyclically Adjusted PB Ratio of 1.94 as of Aug. 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 Smartfit Escola DE Ginastica E Danca and its competitors. This is near median its historical median of 1.90. Over the past decade, Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio has ranged from 1.70 to 2.32. According to the industry distribution chart, Smartfit Escola DE Ginastica E Danca ranks #420 out of 643 companies in the Travel & Leisure industry, placing it in the top 65.3%.
Is Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio too high?
Smartfit Escola DE Ginastica E Danca's current Cyclically Adjusted PB Ratio of 1.94 is near median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 2.32. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.21. Smartfit Escola DE Ginastica E Danca's value of 1.94 is 60.3% above this industry median. Based on the distribution chart, Smartfit Escola DE Ginastica E Danca ranks #420 out of 643 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Smartfit Escola DE Ginastica E Danca has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Smartfit Escola DE Ginastica E Danca's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Smartfit Escola DE Ginastica E Danca ranks #420 out of 643 companies for Cyclically Adjusted PB Ratio. This places Smartfit Escola DE Ginastica E Danca in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Smartfit Escola DE Ginastica E Danca's value of 1.94 is 60.3% above this benchmark. Historically, Smartfit Escola DE Ginastica E Danca's own Cyclically Adjusted PB Ratio has ranged from 1.70 to 2.32 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.21, Smartfit Escola DE Ginastica E Danca 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.21, based on 643 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. Smartfit Escola DE Ginastica E Danca's current Cyclically Adjusted PB Ratio of 1.94 is 60.3% 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 Smartfit Escola DE Ginastica E Danca and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartfit Escola DE Ginastica E Danca's current Cyclically Adjusted PB Ratio is 1.94, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartfit Escola DE Ginastica E Danca stock overvalued right now?
Based on GuruFocus' analysis, Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) is currently considered Possible Value Trap. The stock's GF Value™ is R$34.48, compared to a current price of R$19.70 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.94, which is near median its 10-year median of 1.90 and 60.3% above the Travel & Leisure industry median of 1.21. Smartfit Escola DE Ginastica E Danca's overall GF Score™ is 80/100 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 Smartfit Escola DE Ginastica E Danca (BSP:SMFT3), the current Cyclically Adjusted PB Ratio is 1.94 as of Aug. 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 Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) Overvalued in 2026?

Based on GuruFocus' analysis, Smartfit Escola DE Ginastica E Danca stock appears to be undervalued. The current stock price of R$19.70 is trading 42.9% below its estimated GF Value™ of R$34.48. GuruFocus considers Smartfit Escola DE Ginastica E Danca to be Possible Value Trap.

Key valuation signals for BSP:SMFT3:

  • Cyclically Adjusted PB Ratio: 1.94 (near median its 10-year median of 1.90)
  • GF Value™: R$34.48 vs. price of R$19.70 (42.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 60.3% above the Travel & Leisure median (#420 of 643)

No single metric tells the full story. See the BSP:SMFT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Smartfit Escola DE Ginastica E Danca Business Description

Address Rua Lelio Gama 104 - 38 Floor, 2nd Floor, Rio de Janeiro, RJ, BRA, 20031080
Smartfit Escola DE Ginastica E Danca SA is a fitness club. The company provides physical conditioning services through gymnasiums, bodybuilding, dancing and swimming. Facilities offered by the company include SmartBox, free weight, gym classes, bicycles, smart bike, fitness equipment, and a running machine, among others. The Company is present in fourteen countries, namely Brazil, Mexico, Colombia, Chile, Peru, Argentina, Paraguay, Panama, Costa Rica, Dominican Republic, Ecuador, Guatemala, El Salvador, and Honduras, operating in the HVLP segment with the brand Smart Fit, in the Premium segment with the brand Bio Ritmo, and in the digital fitness segment.
80GF Score

Get the complete analysis for BSP:SMFT3

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

R$19.70
Price
R$34.48
GF Value