Zamp (BSP:ZAMP3) Cyclically Adjusted PB Ratio: 0.48 (As of Sep. 04, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:ZAMP3 Zamp SA BSP:ZAMP3
79 GF Score
Price R$3.50
GF Value R$3.19
! 4 Warning Signs
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What is Zamp Cyclically Adjusted PB Ratio?

Zamp BSP:ZAMP3 79 Cyclically Adjusted PB Ratio is 0.48 as of Sep. 04, 2026, which is at its 10-year median of 0.48. GuruFocus rates BSP:ZAMP3 with a GF Score™ of 79/100 and a GF Value™ of R$3.19. The stock has 4 warning signs investors should review.

As of today (2026-09-04), Zamp's current share price is R$3.50. Zamp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$7.36. Zamp's Cyclically Adjusted PB Ratio for today is 0.48.

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

BSP:ZAMP3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.48   Max: 0.49
Current: 0.48

During the past years, Zamp's highest Cyclically Adjusted PB Ratio was 0.49. The lowest was 0.48. And the median was 0.48.

BSP:ZAMP3's Cyclically Adjusted PB Ratio is not ranked
in the Restaurants industry.
Industry Median: 1.77 vs BSP:ZAMP3: 0.48

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.

Zamp's adjusted book value per share data for the three months ended in Jun. 2026 was R$3.378. 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$7.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zamp  (BSP:ZAMP3) 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.


Zamp Cyclically Adjusted PB Ratio Related Terms


Zamp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zamp'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.

Zamp Cyclically Adjusted PB Ratio Chart

Zamp 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 0.49

Zamp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.49 0.48 0.48

BSP:ZAMP3 vs MCD, SBUX, CMG: Cyclically Adjusted PB Ratio Comparison

For the Restaurants subindustry, Zamp'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.


Zamp Cyclically Adjusted PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Zamp's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:ZAMP3
79GF Score
Zamp SA BSP:ZAMP3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zamp 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.

Zamp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.50/7.36
=0.48

* 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.

Zamp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zamp's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.378/177.5443*177.5443
=3.378

Current CPI (Jun. 2026) = 177.5443.

Zamp Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 109.986 0.000
201612 2.413 110.802 3.866
201703 0.000 111.869 0.000
201706 0.000 112.115 0.000
201709 3.014 112.777 4.745
201712 7.221 114.068 11.239
201803 7.257 114.868 11.217
201806 7.289 117.038 11.057
201809 7.417 117.881 11.171
201812 7.658 118.340 11.489
201903 7.706 120.124 11.390
201906 7.704 120.977 11.306
201909 7.678 121.292 11.239
201912 7.816 123.436 11.242
202003 7.591 124.092 10.861
202006 6.785 123.557 9.750
202009 6.335 125.095 8.991
202012 6.656 129.012 9.160
202103 6.079 131.660 8.198
202106 5.729 133.871 7.598
202109 5.602 137.913 7.212
202112 5.694 141.992 7.120
202203 5.590 146.537 6.773
202206 5.474 149.784 6.489
202209 5.366 147.800 6.446
202212 5.532 150.207 6.539
202303 5.312 153.352 6.150
202306 5.087 154.519 5.845
202309 4.954 155.464 5.658
202312 5.185 157.148 5.858
202403 4.786 159.372 5.332
202406 4.568 161.052 5.036
202409 6.083 162.342 6.653
202412 3.876 164.740 4.177
202503 3.808 168.102 4.022
202506 3.691 169.670 3.862
202509 3.634 170.739 3.779
202512 3.762 171.765 3.889
202603 3.495 175.066 3.544
202606 3.378 177.544 3.378

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 0.48 mean?
Zamp (BSP:ZAMP3) has a Cyclically Adjusted PB Ratio of 0.48 as of Sep. 04, 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 Zamp and its competitors. This is near median its historical median of 0.48. Over the past decade, Zamp's Cyclically Adjusted PB Ratio has ranged from 0.48 to 0.49.
Is Zamp's Cyclically Adjusted PB Ratio too high?
Zamp's current Cyclically Adjusted PB Ratio of 0.48 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.49. The Restaurants industry median Cyclically Adjusted PB Ratio is 1.77. Zamp's value of 0.48 is 72.9% below this industry median. Overall, Zamp has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Zamp's Cyclically Adjusted PB Ratio compare to MCD and SBUX?
Zamp's Cyclically Adjusted PB Ratio of 0.48 can be compared against companies in the Restaurants industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Zamp's value of 0.48 is 72.9% below this benchmark. Historically, Zamp's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 0.49 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.77, Zamp 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 Restaurants company?
The median Cyclically Adjusted PB Ratio among Restaurants companies is 1.77, based on 249 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. Zamp's current Cyclically Adjusted PB Ratio of 0.48 is 72.9% 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 Zamp and its competitors. For the Restaurants industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zamp's current Cyclically Adjusted PB Ratio is 0.48, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zamp stock overvalued right now?
Zamp (BSP:ZAMP3) has a current Cyclically Adjusted PB Ratio of 0.48. The stock's GF Value™ is R$3.19, compared to a current price of R$3.50 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is near median its 10-year median of 0.48 and 72.9% below the Restaurants industry median of 1.77. Zamp's overall GF Score™ is 79/100 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 Zamp (BSP:ZAMP3), the current Cyclically Adjusted PB Ratio is 0.48 as of Sep. 04, 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 Zamp (BSP:ZAMP3) Overvalued in 2026?

Based on GuruFocus' analysis, Zamp stock appears to be overvalued. The current stock price of R$3.50 is trading 9.7% above its estimated GF Value™ of R$3.19.

Key valuation signals for BSP:ZAMP3:

  • Cyclically Adjusted PB Ratio: 0.48 (near median its 10-year median of 0.48)
  • GF Value™: R$3.19 vs. price of R$3.50 (9.7% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 72.9% below the Restaurants median

No single metric tells the full story. See the BSP:ZAMP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zamp Business Description

Address 120 Rua Lemos Monteiro, Butanta, Sao Paulo, SP, BRA
Zamp SA operates restaurants. The company develops and administers restaurants under the brand Burger King, which is located in Brazil. Its products consist of burgers, salads, soft drinks, desserts, and beverages. It operates a brand, Popeyes, a fried chicken restaurant chain, and a fast food brand. It also includes brands such as Starbucks and Subway. Geographically, operates in the Brazil itself.
79GF Score

Get the complete analysis for BSP:ZAMP3

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

R$3.50
Price
R$3.19
GF Value