CresudCIF y A (BUE:CRES) Cyclically Adjusted PB Ratio: 3.94 (As of Sep. 03, 2026) — Near Median

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BUE:CRES Cresud SACIF y A BUE:CRES
45 GF Score
Price ARS1,933.00
GF Value ARS1,189.90
Valuation Significantly Overvalued
! 15 Warning Signs
View Full Analysis

What is CresudCIF y A Cyclically Adjusted PB Ratio?

CresudCIF y A BUE:CRES +4.26% 45 Cyclically Adjusted PB Ratio is 3.94 as of Sep. 03, 2026, which is 5% below its 10-year median of 4.13. GuruFocus rates BUE:CRES with a GF Score™ of 45/100 and a GF Value™ of ARS1,189.90 (Significantly Overvalued). The stock has 15 warning signs investors should review. Among 423 Conglomerates companies, CresudCIF y A ranks worse than 88.42% on this metric.

As of today (2026-09-03), CresudCIF y A's current share price is ARS1933.00. CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS491.07. CresudCIF y A's Cyclically Adjusted PB Ratio for today is 3.94.

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

BUE:CRES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.13   Max: 8.57
Current: 3.94

During the past years, CresudCIF y A's highest Cyclically Adjusted PB Ratio was 8.57. The lowest was 1.48. And the median was 4.13.

BUE:CRES's Cyclically Adjusted PB Ratio is ranked worse than
88.42% of 423 companies
in the Conglomerates industry
Industry Median: 1.03 vs BUE:CRES: 3.94

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.

CresudCIF y A's adjusted book value per share data for the three months ended in Mar. 2026 was ARS1,842.846. 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 ARS491.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CresudCIF y A  (BUE:CRES) 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.


CresudCIF y A Cyclically Adjusted PB Ratio Related Terms


CresudCIF y A Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CresudCIF y A'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.

CresudCIF y A Cyclically Adjusted PB Ratio Chart

CresudCIF y A Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 2.92 3.65 5.17 3.54

CresudCIF y A 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 4.50 3.54 3.40 4.28 3.81

BUE:CRES vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, CresudCIF y A'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.


CresudCIF y A Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, CresudCIF y A's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BUE:CRES
45GF Score
Cresud SACIF y A BUE:CRES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CresudCIF y A 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.

CresudCIF y A's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1933.00/491.07
=3.94

* 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.

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

For example, CresudCIF y A'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)
=1842.846/330.2130*330.2130
=1,842.846

Current CPI (Mar. 2026) = 330.2130.

CresudCIF y A Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.645 241.018 33.766
201609 1.257 241.428 1.719
201612 4.111 241.432 5.623
201703 5.142 243.801 6.965
201706 29.593 244.955 39.893
201709 30.090 246.819 40.257
201712 35.156 246.524 47.091
201803 34.931 249.554 46.221
201806 67.192 251.989 88.050
201809 49.349 252.439 64.553
201812 50.048 251.233 65.782
201903 51.910 254.202 67.432
201906 45.232 256.143 58.312
201909 31.163 256.759 40.078
201912 28.877 256.974 37.107
202003 17.599 258.115 22.515
202006 72.993 257.797 93.497
202009 60.792 260.280 77.126
202012 57.972 260.474 73.493
202103 58.873 264.877 73.395
202106 87.130 271.696 105.896
202109 58.353 274.310 70.245
202112 90.746 278.802 107.480
202203 95.821 287.504 110.055
202206 291.311 296.311 324.641
202209 169.413 296.808 188.480
202212 207.572 296.797 230.942
202303 266.771 301.836 291.851
202306 1,834.828 305.109 1,985.795
202309 537.811 307.789 576.993
202312 807.510 306.746 869.287
202403 986.456 312.332 1,042.931
202406 1,629.461 314.175 1,712.642
202409 1,251.292 315.301 1,310.471
202412 1,238.815 315.605 1,296.154
202503 1,412.478 319.799 1,458.474
202506 1,597.196 322.561 1,635.086
202509 1,732.625 324.800 1,761.500
202512 1,705.773 324.054 1,738.193
202603 1,842.846 330.213 1,842.846

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 3.94 mean?
CresudCIF y A (BUE:CRES) has a Cyclically Adjusted PB Ratio of 3.94 as of Sep. 03, 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 CresudCIF y A and its competitors. This is near median its historical median of 4.13. Over the past decade, CresudCIF y A's Cyclically Adjusted PB Ratio has ranged from 1.48 to 8.57. According to the industry distribution chart, CresudCIF y A ranks #374 out of 423 companies in the Conglomerates industry, placing it in the top 88.4%.
Is CresudCIF y A's Cyclically Adjusted PB Ratio too high?
CresudCIF y A's current Cyclically Adjusted PB Ratio of 3.94 is near median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 8.57. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.03. CresudCIF y A's value of 3.94 is 282.5% above this industry median. Based on the distribution chart, CresudCIF y A ranks #374 out of 423 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, CresudCIF y A has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CresudCIF y A's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, CresudCIF y A ranks #374 out of 423 companies for Cyclically Adjusted PB Ratio. This places CresudCIF y A in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.03. CresudCIF y A's value of 3.94 is 282.5% above this benchmark. Historically, CresudCIF y A's own Cyclically Adjusted PB Ratio has ranged from 1.48 to 8.57 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 1.03, CresudCIF y A has consistently been above 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.03, based on 423 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. CresudCIF y A's current Cyclically Adjusted PB Ratio of 3.94 is 282.5% 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 CresudCIF y A and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CresudCIF y A's current Cyclically Adjusted PB Ratio is 3.94, which is near median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CresudCIF y A stock overvalued right now?
Based on GuruFocus' analysis, CresudCIF y A (BUE:CRES) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS1,189.90, compared to a current price of ARS1,933.00 — trading 62.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.94, which is near median its 10-year median of 4.13 and 282.5% above the Conglomerates industry median of 1.03. CresudCIF y A's overall GF Score™ is 45/100 with 15 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 CresudCIF y A (BUE:CRES), the current Cyclically Adjusted PB Ratio is 3.94 as of Sep. 03, 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 CresudCIF y A (BUE:CRES) Overvalued in 2026?

Based on GuruFocus' analysis, CresudCIF y A stock appears to be overvalued. The current stock price of ARS1,933.00 is trading 62.5% above its estimated GF Value™ of ARS1,189.90. GuruFocus considers CresudCIF y A to be Significantly Overvalued.

Key valuation signals for BUE:CRES:

  • Cyclically Adjusted PB Ratio: 3.94 (near median its 10-year median of 4.13)
  • GF Value™: ARS1,189.90 vs. price of ARS1,933.00 (62.5% above fair value)
  • GF Score™: 45/100 with 15 warning signs
  • Industry Position: 282.5% above the Conglomerates median (#374 of 423)

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


CresudCIF y A Business Description

Other Exchanges CRESY:USACD8:Germany
Address Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
Cresud SACIF y A is a Latin American agricultural firm producing basic commodities with a growing presence in Argentina, Brazil, and other countries through its investment in Brasilagro. It focuses on grains, sugarcane, and cattle farming, acquiring and developing agricultural properties for production or value appreciation, and occasionally selling appreciated land. It also leases land and offers agency and agro-industrial services. Operations are divided into two segments: agricultural business (production, land transformation and sales, corporate services) and urban properties and investments (shopping malls, offices, sales, developments, hotels, and related activities).
45GF Score

Get the complete analysis for BUE:CRES

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

ARS1,933.00
Price
ARS1,189.90
GF Value