Santos Brasil Participacoes (BSP:STBP3) Cyclically Adjusted PB Ratio: 5.08 (As of Jul. 21, 2026)

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BSP:STBP3 Santos Brasil Participacoes SA BSP:STBP3
12 GF Score
Price R$14.42
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What is Santos Brasil Participacoes Cyclically Adjusted PB Ratio?

Santos Brasil Participacoes BSP:STBP3 12 Cyclically Adjusted PB Ratio is 5.08 as of Jul. 21, 2026. GuruFocus rates BSP:STBP3 with a GF Score™ of 12/100.

As of today (2026-07-21), Santos Brasil Participacoes's current share price is R$14.42. Santos Brasil Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was R$2.84. Santos Brasil Participacoes's Cyclically Adjusted PB Ratio for today is 5.08.

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

BSP:STBP3's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.24
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Santos Brasil Participacoes's adjusted book value per share data for the three months ended in Jun. 2025 was R$0.928. 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$2.84 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Santos Brasil Participacoes  (BSP:STBP3) 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.


Santos Brasil Participacoes Cyclically Adjusted PB Ratio Related Terms


Santos Brasil Participacoes Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Santos Brasil Participacoes'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.

Santos Brasil Participacoes Cyclically Adjusted PB Ratio Chart

Santos Brasil Participacoes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.20 2.66 3.20 4.53

Santos Brasil Participacoes Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 4.65 5.03 4.53 4.62 4.87

Santos Brasil Participacoes Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Santos Brasil Participacoes'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.


Santos Brasil Participacoes Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Santos Brasil Participacoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Santos Brasil Participacoes's Cyclically Adjusted PB Ratio falls into.


BSP:STBP3
12GF Score
Santos Brasil Participacoes SA BSP:STBP3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Santos Brasil Participacoes 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.

Santos Brasil Participacoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.42/2.84
=5.08

* 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.

Santos Brasil Participacoes's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Santos Brasil Participacoes's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=0.928/169.6698*169.6698
=0.928

Current CPI (Jun. 2025) = 169.6698.

Santos Brasil Participacoes Quarterly Data

Book Value per Share CPI Adj_Book
201509 2.174 101.392 3.638
201512 2.113 104.247 3.439
201603 2.095 106.979 3.323
201606 2.089 108.851 3.256
201609 2.090 109.986 3.224
201612 2.086 110.802 3.194
201703 2.090 111.869 3.170
201706 2.078 112.115 3.145
201709 2.065 112.777 3.107
201712 2.014 114.068 2.996
201803 2.014 114.868 2.975
201806 2.002 117.038 2.902
201809 2.017 117.881 2.903
201812 2.023 118.340 2.900
201903 2.013 120.124 2.843
201906 2.021 120.977 2.834
201909 2.035 121.292 2.847
201912 2.026 123.436 2.785
202003 2.007 124.092 2.744
202006 1.984 123.557 2.724
202009 2.421 125.095 3.284
202012 2.434 129.012 3.201
202103 2.472 131.660 3.186
202106 2.543 133.871 3.223
202109 2.623 137.913 3.227
202112 2.572 141.992 3.073
202203 2.607 146.537 3.019
202206 2.728 149.784 3.090
202209 2.478 147.800 2.845
202212 2.423 150.207 2.737
202303 2.478 153.352 2.742
202306 2.522 154.519 2.769
202309 2.536 155.464 2.768
202312 2.568 157.148 2.773
202403 2.569 159.372 2.735
202406 2.660 161.052 2.802
202409 2.665 162.342 2.785
202412 0.769 164.740 0.792
202503 0.707 168.102 0.714
202506 0.928 169.670 0.928

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 5.08 mean?
Santos Brasil Participacoes (BSP:STBP3) has a Cyclically Adjusted PB Ratio of 5.08 as of Jul. 21, 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 Santos Brasil Participacoes and its competitors.
Is Santos Brasil Participacoes' Cyclically Adjusted PB Ratio too high?
Santos Brasil Participacoes' current Cyclically Adjusted PB Ratio is 5.08. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Santos Brasil Participacoes' value of 5.08 is 309.7% above this industry median. Overall, Santos Brasil Participacoes has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Santos Brasil Participacoes' Cyclically Adjusted PB Ratio compare to competitors?
Santos Brasil Participacoes' Cyclically Adjusted PB Ratio of 5.08 can be compared against companies in the Transportation industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Santos Brasil Participacoes' value of 5.08 is 309.7% above this benchmark. 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 738 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. Santos Brasil Participacoes's current Cyclically Adjusted PB Ratio of 5.08 is 309.7% 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 Santos Brasil Participacoes and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santos Brasil Participacoes's current Cyclically Adjusted PB Ratio is 5.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santos Brasil Participacoes stock overvalued right now?
Santos Brasil Participacoes (BSP:STBP3) has a current Cyclically Adjusted PB Ratio of 5.08. The current Cyclically Adjusted PB Ratio is 5.08 and 309.7% above the Transportation industry median of 1.24. Santos Brasil Participacoes' overall GF Score™ is 12/100. 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 Santos Brasil Participacoes (BSP:STBP3), the current Cyclically Adjusted PB Ratio is 5.08 as of Jul. 21, 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.

Santos Brasil Participacoes Business Description

Address 413, Joaquim Floriano Street, 10th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 4534-011
Santos Brasil Participacoes SA is a Brazilian company that provides port infrastructure and terminal storage facilities, and integrated logistics solutions, including container handling and related activities. The company organizes its business into four segments; Containers Port Terminals, Logistics, Liquid Terminals, and Vehicle Terminals of which Containers Port Terminals generate the maximum revenue for the company. Its products and services include container vessel loading and unloading port and bonded warehouse activities; logistics services including road transportation, distribution centers, and distribution transport.
12GF 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$14.42
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