BSP:TPIS3's Cyclically Adjusted PB Ratio is ranked better than 83.71% of 1357
companies
in the Construction industry
Industry Median: 1.2
vs BSP:TPIS3: 0.37
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.
TPI Triunfo Participacoes e Investimentos's adjusted book value per share data for the three months ended in Mar. 2026 was R$11.568. 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$26.27 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) 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.
TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PB Ratio Related Terms
TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PB Ratio Historical Data
* 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.
TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PB Ratio Chart
TPI Triunfo Participacoes e Investimentos Annual Data
TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PB Ratio Competitor Comparison
For the Infrastructure Operations subindustry, TPI Triunfo Participacoes e Investimentos'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.
TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PB Ratio falls into.
TPI Triunfo Participacoes e Investimentos 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.
* 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.
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 0.37 mean?
TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) has a Cyclically Adjusted PB Ratio of 0.37 as of Jul. 11, 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 TPI Triunfo Participacoes e Investimentos and its competitors. This is 147% above median its historical median of 0.15. Over the past decade, TPI Triunfo Participacoes e Investimentos' Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.45. According to the industry distribution chart, TPI Triunfo Participacoes e Investimentos ranks #221 out of 1357 companies in the Construction industry, placing it in the top 16.3%.
Is TPI Triunfo Participacoes e Investimentos' Cyclically Adjusted PB Ratio too high?
TPI Triunfo Participacoes e Investimentos' current Cyclically Adjusted PB Ratio of 0.37 is 147% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.45. The Construction industry median Cyclically Adjusted PB Ratio is 1.20. TPI Triunfo Participacoes e Investimentos' value of 0.37 is 69.2% below this industry median. Based on the distribution chart, TPI Triunfo Participacoes e Investimentos ranks #221 out of 1357 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TPI Triunfo Participacoes e Investimentos has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TPI Triunfo Participacoes e Investimentos' Cyclically Adjusted PB Ratio compare to competitors?
According to the Construction industry distribution chart, TPI Triunfo Participacoes e Investimentos ranks #221 out of 1357 companies for Cyclically Adjusted PB Ratio. This places TPI Triunfo Participacoes e Investimentos in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. TPI Triunfo Participacoes e Investimentos' value of 0.37 is 69.2% below this benchmark. Historically, TPI Triunfo Participacoes e Investimentos' own Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.45 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.20, TPI Triunfo Participacoes e Investimentos 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.20, based on 1,357 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. TPI Triunfo Participacoes e Investimentos's current Cyclically Adjusted PB Ratio of 0.37 is 69.2% 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 TPI Triunfo Participacoes e Investimentos and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Triunfo Participacoes e Investimentos's current Cyclically Adjusted PB Ratio is 0.37, which is 147% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Triunfo Participacoes e Investimentos stock overvalued right now?
Based on GuruFocus' analysis, TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$3.58, compared to a current price of R$9.60 — trading 168.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 147% above median its 10-year median of 0.15 and 69.2% below the Construction industry median of 1.20. TPI Triunfo Participacoes e Investimentos' overall GF Score™ is 40/100 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 TPI Triunfo Participacoes e Investimentos (BSP:TPIS3), the current Cyclically Adjusted PB Ratio is 0.37 as of Jul. 11, 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 TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) Overvalued in 2026?
Based on GuruFocus' analysis, TPI Triunfo Participacoes e Investimentos stock appears to be overvalued.
The current stock price of R$9.60 is trading 168.2% above its estimated GF Value™ of R$3.58.
GuruFocus considers TPI Triunfo Participacoes e Investimentos to be Significantly Overvalued.
Key valuation signals for BSP:TPIS3:
Cyclically Adjusted PB Ratio: 0.37 (147% above median its 10-year median of 0.15)
GF Value™: R$3.58 vs. price of R$9.60 (168.2% above fair value)
Industry Position: 69.2% below the Construction median (#221 of 1357)
No single metric tells the full story. See the BSP:TPIS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPI Triunfo Participacoes e Investimentos Business Description
TPI Triunfo Participacoes e Investimentos SA provides construction and operations of infrastructure facilities. The company's operating segments include Toll Roads Segment, Energy Segment, Logistic Segment, Holding and Other. Company generates majority of the revenue from Toll roads segment.
40GF Score
Get the complete analysis for BSP:TPIS3
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:TPIS3 has been successfully added to your 
