Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS) Cyclically Adjusted PB Ratio: 3.12 (As of Aug. 12, 2026) — 97% Above Median

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BUE:SBS Companhia De Saneamento Basico Do Estado De Sao Paulo BUE:SBS
82 GF Score
Price ARS15,920.00
GF Value ARS14,057.87
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio?

Companhia Deneamento Basico Do Estado Deo Paulo BUE:SBS -3.40% 82 Cyclically Adjusted PB Ratio is 3.12 as of Aug. 12, 2026, which is 97% above its 10-year median of 1.58. GuruFocus rates BUE:SBS with a GF Score™ of 82/100 and a GF Value™ of ARS14,057.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 433 Utilities - Regulated companies, Companhia Deneamento Basico Do Estado Deo Paulo ranks worse than 84.06% on this metric.

As of today (2026-08-12), Companhia Deneamento Basico Do Estado Deo Paulo's current share price is ARS15920.00. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS5,107.41. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio for today is 3.12.

The historical rank and industry rank for Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio or its related term are showing as below:

BUE:SBS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.58   Max: 3.84
Current: 2.9

During the past years, Companhia Deneamento Basico Do Estado Deo Paulo's highest Cyclically Adjusted PB Ratio was 3.84. The lowest was 0.95. And the median was 1.58.

BUE:SBS's Cyclically Adjusted PB Ratio is ranked worse than
84.06% of 433 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs BUE:SBS: 2.90

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.

Companhia Deneamento Basico Do Estado Deo Paulo's adjusted book value per share data for the three months ended in Mar. 2026 was ARS3,244.929. 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 ARS5,107.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Deneamento Basico Do Estado Deo Paulo  (BUE:SBS) 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.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Related Terms


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Chart

Companhia Deneamento Basico Do Estado Deo Paulo 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 1.26 1.65 2.02 2.18 3.07

Companhia Deneamento Basico Do Estado Deo Paulo 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 0.00 2.79 3.03 3.07 3.53

BUE:SBS vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio falls into.


BUE:SBS
82GF Score
Companhia De Saneamento Basico Do Estado De Sao Paulo BUE:SBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15920.00/5107.41
=3.12

* 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Companhia Deneamento Basico Do Estado Deo Paulo'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)
=3244.929/175.0655*175.0655
=3,244.929

Current CPI (Mar. 2026) = 175.0655.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.532 108.851 28.197
201609 20.196 109.986 32.146
201612 20.677 110.802 32.669
201703 22.509 111.869 35.225
201706 23.228 112.115 36.270
201709 27.400 112.777 42.533
201712 28.795 114.068 44.193
201803 31.545 114.868 48.076
201806 34.192 117.038 51.145
201809 47.740 117.881 70.899
201812 53.860 118.340 79.677
201903 58.329 120.124 85.007
201906 67.705 120.977 97.975
201909 83.977 121.292 121.207
201912 89.396 123.436 126.787
202003 75.607 124.092 106.665
202006 79.647 123.557 112.850
202009 84.632 125.095 118.439
202012 102.299 129.012 138.816
202103 105.634 131.660 140.459
202106 128.479 133.871 168.015
202109 128.785 137.913 163.479
202112 126.330 141.992 155.755
202203 158.598 146.537 189.474
202206 177.709 149.784 207.704
202209 205.669 147.800 243.611
202212 247.867 150.207 288.888
202303 302.178 153.352 344.963
202306 403.309 154.519 456.938
202309 594.967 155.464 669.985
202312 624.135 157.148 695.296
202403 1,472.723 159.372 1,617.739
202406 1,499.950 161.052 1,630.469
202409 1,846.100 162.342 1,990.783
202412 1,734.503 164.740 1,843.215
202503 0.000 168.102 0.000
202506 2,456.549 169.670 2,534.670
202509 3,068.503 170.739 3,146.257
202512 3,216.903 171.765 3,278.711
202603 3,244.929 175.066 3,244.929

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 3.12 mean?
Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS) has a Cyclically Adjusted PB Ratio of 3.12 as of Aug. 12, 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. This is 97% above median its historical median of 1.58. Over the past decade, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio has ranged from 0.95 to 3.84. According to the industry distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #364 out of 433 companies in the Utilities - Regulated industry, placing it in the top 84.1%.
Is Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio too high?
Companhia Deneamento Basico Do Estado Deo Paulo's current Cyclically Adjusted PB Ratio of 3.12 is 97% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.84. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.51. Companhia Deneamento Basico Do Estado Deo Paulo's value of 3.12 is 106.6% above this industry median. Based on the distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #364 out of 433 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Companhia Deneamento Basico Do Estado Deo Paulo has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #364 out of 433 companies for Cyclically Adjusted PB Ratio. This places Companhia Deneamento Basico Do Estado Deo Paulo in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Companhia Deneamento Basico Do Estado Deo Paulo's value of 3.12 is 106.6% above this benchmark. Historically, Companhia Deneamento Basico Do Estado Deo Paulo's own Cyclically Adjusted PB Ratio has ranged from 0.95 to 3.84 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.51, Companhia Deneamento Basico Do Estado Deo Paulo 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.51, based on 433 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. Companhia Deneamento Basico Do Estado Deo Paulo's current Cyclically Adjusted PB Ratio of 3.12 is 106.6% 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Deneamento Basico Do Estado Deo Paulo's current Cyclically Adjusted PB Ratio is 3.12, which is 97% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Deneamento Basico Do Estado Deo Paulo stock overvalued right now?
Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS14,057.87, compared to a current price of ARS15,920.00 — trading 13.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.12, which is 97% above median its 10-year median of 1.58 and 106.6% above the Utilities - Regulated industry median of 1.51. Companhia Deneamento Basico Do Estado Deo Paulo's overall GF Score™ is 82/100 with 6 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 Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS), the current Cyclically Adjusted PB Ratio is 3.12 as of Aug. 12, 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 Companhia Deneamento Basico Do Estado Deo Paulo (BUE:SBS) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo stock appears to be overvalued. The current stock price of ARS15,920.00 is trading 13.2% above its estimated GF Value™ of ARS14,057.87. GuruFocus considers Companhia Deneamento Basico Do Estado Deo Paulo to be Modestly Overvalued.

Key valuation signals for BUE:SBS:

  • Cyclically Adjusted PB Ratio: 3.12 (97% above median its 10-year median of 1.58)
  • GF Value™: ARS14,057.87 vs. price of ARS15,920.00 (13.2% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 106.6% above the Utilities - Regulated median (#364 of 433)

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


Companhia Deneamento Basico Do Estado Deo Paulo Business Description

Address Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is engaged in the provision of basic and environmental sanitation services in Sao Paulo State, and supplies treated water and sewage services on a wholesale basis. SABESP may perform activities in other states and countries and can operate in drainage, urban cleaning, solid waste handling, and energy markets. The company determined that it has a single operating segment, which is the provision of sanitation services.
82GF Score

Get the complete analysis for BUE:SBS

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

ARS15,920.00
Price
ARS14,057.87
GF Value