Valid Solucoes (BSP:VLID3) Cyclically Adjusted PB Ratio: 0.84 (As of Jul. 19, 2026) — 10% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:VLID3 Valid Solucoes SA BSP:VLID3
69 GF Score
Price R$17.78
GF Value R$19.95
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Valid Solucoes Cyclically Adjusted PB Ratio?

Valid Solucoes BSP:VLID3 -0.61% 69 Cyclically Adjusted PB Ratio is 0.84 as of Jul. 19, 2026, which is 10% below its 10-year median of 0.93. GuruFocus rates BSP:VLID3 with a GF Score™ of 69/100 and a GF Value™ of R$19.95 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 730 Business Services companies, Valid Solucoes ranks better than 72.05% on this metric.

As of today (2026-07-19), Valid Solucoes's current share price is R$17.78. Valid Solucoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$21.13. Valid Solucoes's Cyclically Adjusted PB Ratio for today is 0.84.

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

BSP:VLID3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.93   Max: 1.6
Current: 0.84

During the past years, Valid Solucoes's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.44. And the median was 0.93.

BSP:VLID3's Cyclically Adjusted PB Ratio is ranked better than
72.05% of 730 companies
in the Business Services industry
Industry Median: 1.56 vs BSP:VLID3: 0.84

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.

Valid Solucoes's adjusted book value per share data for the three months ended in Mar. 2026 was R$21.859. 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$21.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valid Solucoes  (BSP:VLID3) 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.


Valid Solucoes Cyclically Adjusted PB Ratio Related Terms


Valid Solucoes Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Valid Solucoes'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.

Valid Solucoes Cyclically Adjusted PB Ratio Chart

Valid Solucoes 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 0.52 0.52 1.11 1.22 1.03

Valid Solucoes 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 1.15 1.24 1.02 1.03 0.96

BSP:VLID3 vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Valid Solucoes'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.


Valid Solucoes Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Valid Solucoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:VLID3
69GF Score
Valid Solucoes SA BSP:VLID3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valid Solucoes 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.

Valid Solucoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.78/21.13
=0.84

* 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.

Valid Solucoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Valid Solucoes'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)
=21.859/175.0655*175.0655
=21.859

Current CPI (Mar. 2026) = 175.0655.

Valid Solucoes Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.176 108.851 21.191
201609 13.765 109.986 21.910
201612 13.570 110.802 21.440
201703 13.491 111.869 21.112
201706 15.029 112.115 23.468
201709 13.582 112.777 21.084
201712 13.668 114.068 20.977
201803 13.781 114.868 21.003
201806 14.799 117.038 22.136
201809 15.188 117.881 22.556
201812 14.988 118.340 22.172
201903 15.191 120.124 22.139
201906 15.215 120.977 22.018
201909 16.254 121.292 23.460
201912 15.387 123.436 21.823
202003 17.489 124.092 24.673
202006 16.216 123.557 22.976
202009 16.506 125.095 23.099
202012 15.097 129.012 20.486
202103 15.076 131.660 20.046
202106 13.995 133.871 18.302
202109 15.347 137.913 19.481
202112 15.792 141.992 19.470
202203 14.456 146.537 17.270
202206 15.198 149.784 17.763
202209 15.794 147.800 18.708
202212 15.476 150.207 18.037
202303 16.019 153.352 18.287
202306 16.133 154.519 18.278
202309 16.957 155.464 19.095
202312 16.205 157.148 18.053
202403 19.195 159.372 21.085
202406 20.596 161.052 22.388
202409 21.148 162.342 22.805
202412 22.677 164.740 24.098
202503 22.248 168.102 23.170
202506 22.102 169.670 22.805
202509 21.940 170.739 22.496
202512 21.755 171.765 22.173
202603 21.859 175.066 21.859

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 0.84 mean?
Valid Solucoes (BSP:VLID3) has a Cyclically Adjusted PB Ratio of 0.84 as of Jul. 19, 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 Valid Solucoes and its competitors. This is 10% below median its historical median of 0.93. Over the past decade, Valid Solucoes' Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.60. According to the industry distribution chart, Valid Solucoes ranks #204 out of 730 companies in the Business Services industry, placing it in the top 27.9%.
Is Valid Solucoes' Cyclically Adjusted PB Ratio too high?
Valid Solucoes' current Cyclically Adjusted PB Ratio of 0.84 is 10% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.60. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Valid Solucoes' value of 0.84 is 46.2% below this industry median. Based on the distribution chart, Valid Solucoes ranks #204 out of 730 companies in the Business Services industry, which is above the industry midpoint. Overall, Valid Solucoes has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Valid Solucoes' Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Valid Solucoes ranks #204 out of 730 companies for Cyclically Adjusted PB Ratio. This puts Valid Solucoes in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Valid Solucoes' value of 0.84 is 46.2% below this benchmark. Historically, Valid Solucoes' own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.60 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.56, Valid Solucoes 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 730 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. Valid Solucoes's current Cyclically Adjusted PB Ratio of 0.84 is 46.2% 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 Valid Solucoes and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valid Solucoes's current Cyclically Adjusted PB Ratio is 0.84, which is 10% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valid Solucoes stock overvalued right now?
Based on GuruFocus' analysis, Valid Solucoes (BSP:VLID3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$19.95, compared to a current price of R$17.78 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is 10% below median its 10-year median of 0.93 and 46.2% below the Business Services industry median of 1.56. Valid Solucoes' overall GF Score™ is 69/100 with 3 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 Valid Solucoes (BSP:VLID3), the current Cyclically Adjusted PB Ratio is 0.84 as of Jul. 19, 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 Valid Solucoes (BSP:VLID3) Overvalued in 2026?

Based on GuruFocus' analysis, Valid Solucoes stock appears to be undervalued. The current stock price of R$17.78 is trading 10.9% below its estimated GF Value™ of R$19.95. GuruFocus considers Valid Solucoes to be Modestly Undervalued.

Key valuation signals for BSP:VLID3:

  • Cyclically Adjusted PB Ratio: 0.84 (10% below median its 10-year median of 0.93)
  • GF Value™: R$19.95 vs. price of R$17.78 (10.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 46.2% below the Business Services median (#204 of 730)

No single metric tells the full story. See the BSP:VLID3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valid Solucoes Business Description

Address 511 - Ipanema das Pedras, Rua Laura Maiello Kook, Sorocaba, SP, BRA, 18052-445
Valid Solucoes SA Formerly Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao is engaged in the printing industry, which includes systems that include electronic, plastic, and magnetic cards, card encoding, and development, implementation, and execution of electronic document management projects. The reporting segment is Means Of Payment, which consists of cards for purposes like payments, identification, and customization. The identification segment provides physical and electronic solutions. The mobile segment offers solutions like instant lottery tickets, digital certification that offers products, services, consulting, and technology for the issue, and the use of private and Brazilian government-certified digital certificates.
69GF Score

Get the complete analysis for BSP:VLID3

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

R$17.78
Price
R$19.95
GF Value