Garovaglio & Zorraquin (BUE:GARO) Cyclically Adjusted PB Ratio: 6.81 (As of Sep. 03, 2026) — 79% Above Median

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BUE:GARO Garovaglio & Zorraquin SA BUE:GARO
47 GF Score
Price ARS460.00
GF Value ARS165.08
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Garovaglio & Zorraquin Cyclically Adjusted PB Ratio?

Garovaglio & Zorraquin BUE:GARO +2.22% 47 Cyclically Adjusted PB Ratio is 6.81 as of Sep. 03, 2026, which is 79% above its 10-year median of 3.80. GuruFocus rates BUE:GARO with a GF Score™ of 47/100 and a GF Value™ of ARS165.08 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 423 Conglomerates companies, Garovaglio & Zorraquin ranks worse than 95.04% on this metric.

As of today (2026-09-03), Garovaglio & Zorraquin's current share price is ARS460.00. Garovaglio & Zorraquin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS67.59. Garovaglio & Zorraquin's Cyclically Adjusted PB Ratio for today is 6.81.

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

BUE:GARO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 3.8   Max: 11.9
Current: 6.73

During the past years, Garovaglio & Zorraquin's highest Cyclically Adjusted PB Ratio was 11.90. The lowest was 0.06. And the median was 3.80.

BUE:GARO's Cyclically Adjusted PB Ratio is ranked worse than
95.04% of 423 companies
in the Conglomerates industry
Industry Median: 1.03 vs BUE:GARO: 6.73

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.

Garovaglio & Zorraquin's adjusted book value per share data for the three months ended in Mar. 2026 was ARS261.862. 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 ARS67.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Garovaglio & Zorraquin  (BUE:GARO) 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.


Garovaglio & Zorraquin Cyclically Adjusted PB Ratio Related Terms


Garovaglio & Zorraquin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Garovaglio & Zorraquin'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.

Garovaglio & Zorraquin Cyclically Adjusted PB Ratio Chart

Garovaglio & Zorraquin 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 0.38 5.32 4.03 5.51 3.30

Garovaglio & Zorraquin 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 4.67 3.30 3.12 3.55 3.28

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

For the Conglomerates subindustry, Garovaglio & Zorraquin'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.


Garovaglio & Zorraquin Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Garovaglio & Zorraquin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BUE:GARO
47GF Score
Garovaglio & Zorraquin SA BUE:GARO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garovaglio & Zorraquin 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.

Garovaglio & Zorraquin's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=460.00/67.59
=6.81

* 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.

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

For example, Garovaglio & Zorraquin'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)
=261.862/330.2130*330.2130
=261.862

Current CPI (Mar. 2026) = 330.2130.

Garovaglio & Zorraquin Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.948 241.018 4.039
201609 2.977 241.428 4.072
201612 2.675 241.432 3.659
201703 2.470 243.801 3.345
201706 3.883 244.955 5.235
201709 4.001 246.819 5.353
201712 3.705 246.524 4.963
201803 3.806 249.554 5.036
201806 7.218 251.989 9.459
201809 2.426 252.439 3.173
201812 4.095 251.233 5.382
201903 3.653 254.202 4.745
201906 5.092 256.143 6.564
201909 1.696 256.759 2.181
201912 2.254 256.974 2.896
202003 1.019 258.115 1.304
202006 1.582 257.797 2.026
202009 3.841 260.280 4.873
202012 7.606 260.474 9.642
202103 9.594 264.877 11.961
202106 18.410 271.696 22.375
202109 13.078 274.310 15.743
202112 13.721 278.802 16.251
202203 17.323 287.504 19.896
202206 47.624 296.311 53.073
202209 30.025 296.808 33.404
202212 33.644 296.797 37.432
202303 41.937 301.836 45.880
202306 207.870 305.109 224.973
202309 83.487 307.789 89.569
202312 65.445 306.746 70.452
202403 123.376 312.332 130.439
202406 247.545 314.175 260.182
202409 201.363 315.301 210.886
202412 209.289 315.605 218.976
202503 192.609 319.799 198.881
202506 218.295 322.561 223.474
202509 233.789 324.800 237.685
202512 227.969 324.054 232.302
202603 261.862 330.213 261.862

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 6.81 mean?
Garovaglio & Zorraquin (BUE:GARO) has a Cyclically Adjusted PB Ratio of 6.81 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 Garovaglio & Zorraquin and its competitors. This is 79% above median its historical median of 3.80. Over the past decade, Garovaglio & Zorraquin's Cyclically Adjusted PB Ratio has ranged from 0.06 to 11.90. According to the industry distribution chart, Garovaglio & Zorraquin ranks #402 out of 423 companies in the Conglomerates industry, placing it in the top 95%.
Is Garovaglio & Zorraquin's Cyclically Adjusted PB Ratio too high?
Garovaglio & Zorraquin's current Cyclically Adjusted PB Ratio of 6.81 is 79% above median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 11.90. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.03. Garovaglio & Zorraquin's value of 6.81 is 561.2% above this industry median. Based on the distribution chart, Garovaglio & Zorraquin ranks #402 out of 423 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Garovaglio & Zorraquin has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garovaglio & Zorraquin's Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Garovaglio & Zorraquin ranks #402 out of 423 companies for Cyclically Adjusted PB Ratio. This places Garovaglio & Zorraquin in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.03. Garovaglio & Zorraquin's value of 6.81 is 561.2% above this benchmark. Historically, Garovaglio & Zorraquin's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 11.90 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 1.03, Garovaglio & Zorraquin 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. Garovaglio & Zorraquin's current Cyclically Adjusted PB Ratio of 6.81 is 561.2% 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 Garovaglio & Zorraquin 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. Garovaglio & Zorraquin's current Cyclically Adjusted PB Ratio is 6.81, which is 79% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garovaglio & Zorraquin stock overvalued right now?
Based on GuruFocus' analysis, Garovaglio & Zorraquin (BUE:GARO) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS165.08, compared to a current price of ARS460.00 — trading 178.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.81, which is 79% above median its 10-year median of 3.80 and 561.2% above the Conglomerates industry median of 1.03. Garovaglio & Zorraquin's overall GF Score™ is 47/100 with 10 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 Garovaglio & Zorraquin (BUE:GARO), the current Cyclically Adjusted PB Ratio is 6.81 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 Garovaglio & Zorraquin (BUE:GARO) Overvalued in 2026?

Based on GuruFocus' analysis, Garovaglio & Zorraquin stock appears to be overvalued. The current stock price of ARS460.00 is trading 178.7% above its estimated GF Value™ of ARS165.08. GuruFocus considers Garovaglio & Zorraquin to be Significantly Overvalued.

Key valuation signals for BUE:GARO:

  • Cyclically Adjusted PB Ratio: 6.81 (79% above median its 10-year median of 3.80)
  • GF Value™: ARS165.08 vs. price of ARS460.00 (178.7% above fair value)
  • GF Score™: 47/100 with 10 warning signs
  • Industry Position: 561.2% above the Conglomerates median (#402 of 423)

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


Garovaglio & Zorraquin Business Description

Address Piso 8, Corrientes 524, Buenos Aires, ARG
Garovaglio & Zorraquin SA is a holding company that provides services in the real estate, financial, petrochemical agricultural sectors and among others.
47GF Score

Get the complete analysis for BUE:GARO

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

ARS460.00
Price
ARS165.08
GF Value