Smartfit Escola DE Ginastica E Danca (BSP:SMFT6) Cyclically Adjusted PB Ratio: (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

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

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smartfit Escola DE Ginastica E Danca  (BSP:SMFT6) 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:SMFT6 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.



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 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)
=317.883/175.0655*175.0655
=317.883

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 28.629 110.802 45.233
201703 32.764 111.869 51.273
201706 28.708 112.115 44.827
201709 31.234 112.777 48.485
201712 31.052 114.068 47.657
201803 41.452 114.868 63.175
201806 53.456 117.038 79.960
201809 53.645 117.881 79.668
201812 65.072 118.340 96.264
201903 64.124 120.124 93.453
201906 61.525 120.977 89.032
201909 67.745 121.292 97.779
201912 120.215 123.436 170.497
202003 125.571 124.092 177.153
202006 119.521 123.557 169.347
202009 110.700 125.095 154.920
202012 131.252 129.012 178.105
202103 130.961 131.660 174.136
202106 110.454 133.871 144.443
202109 242.749 137.913 308.144
202112 235.902 141.992 290.849
202203 219.967 146.537 262.791
202206 221.690 149.784 259.109
202209 222.564 147.800 263.622
202212 224.628 150.207 261.803
202303 233.060 153.352 266.059
202306 245.083 154.519 277.672
202309 252.887 155.464 284.773
202312 271.946 157.148 302.952
202403 282.758 159.372 310.601
202406 286.506 161.052 311.437
202409 282.206 162.342 304.323
202412 292.745 164.740 311.093
202503 296.572 168.102 308.858
202506 302.582 169.670 312.204
202509 307.071 170.739 314.852
202512 303.780 171.765 309.617
202603 317.883 175.066 317.883

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.


Smartfit Escola DE Ginastica E Danca Business Description

Other Exchanges SMFT3:Brazil
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.