CYRBY (Cyrela Brazil Realty Empreend e Part) Cyclically Adjusted PB Ratio: 0.97 (As of Jul. 17, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CYRBY Cyrela Brazil Realty SA Empreend e Part CYRBY
83 GF Score
Price $4.30
GF Value $5.83
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Cyrela Brazil Realty Empreend e Part Cyclically Adjusted PB Ratio?

Cyrela Brazil Realty Empreend e Part CYRBY +0.47% 83 Cyclically Adjusted PB Ratio is 0.97 as of Jul. 17, 2026, which is 6% below its 10-year median of 1.03. GuruFocus rates CYRBY with a GF Score™ of 83/100 and a GF Value™ of $5.83 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 74 Homebuilding & Construction companies, Cyrela Brazil Realty Empreend e Part ranks better than 59.46% on this metric.

As of today (2026-07-17), Cyrela Brazil Realty Empreend e Part's current share price is $4.30. Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.45. Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio for today is 0.97.

The historical rank and industry rank for Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio or its related term are showing as below:

CYRBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.03   Max: 1.98
Current: 1

During the past years, Cyrela Brazil Realty Empreend e Part's highest Cyclically Adjusted PB Ratio was 1.98. The lowest was 0.61. And the median was 1.03.

CYRBY's Cyclically Adjusted PB Ratio is ranked better than
59.46% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.095 vs CYRBY: 1.00

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.

Cyrela Brazil Realty Empreend e Part's adjusted book value per share data for the three months ended in Mar. 2026 was $5.544. 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 $4.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cyrela Brazil Realty Empreend e Part  (OTCPK:CYRBY) 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.


Cyrela Brazil Realty Empreend e Part Cyclically Adjusted PB Ratio Related Terms


Cyrela Brazil Realty Empreend e Part Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cyrela Brazil Realty Empreend e Part'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.

Cyrela Brazil Realty Empreend e Part Cyclically Adjusted PB Ratio Chart

Cyrela Brazil Realty Empreend e Part 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 0.83 0.66 1.19 0.81 1.34

Cyrela Brazil Realty Empreend e Part 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 1.11 1.21 1.40 1.34 1.21

CYRBY vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Cyrela Brazil Realty Empreend e Part'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.


Cyrela Brazil Realty Empreend e Part Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio falls into.


CYRBY
83GF Score
Cyrela Brazil Realty SA Empreend e Part CYRBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cyrela Brazil Realty Empreend e Part 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.

Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.30/4.45
=0.97

* 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.

Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cyrela Brazil Realty Empreend e Part'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)
=5.544/175.0655*175.0655
=5.544

Current CPI (Mar. 2026) = 175.0655.

Cyrela Brazil Realty Empreend e Part Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.433 108.851 7.130
201609 4.846 109.986 7.713
201612 4.692 110.802 7.413
201703 5.036 111.869 7.881
201706 4.664 112.115 7.283
201709 4.901 112.777 7.608
201712 4.698 114.068 7.210
201803 4.523 114.868 6.893
201806 3.757 117.038 5.620
201809 3.372 117.881 5.008
201812 3.451 118.340 5.105
201903 3.519 120.124 5.129
201906 3.581 120.977 5.182
201909 3.228 121.292 4.659
201912 3.018 123.436 4.280
202003 2.550 124.092 3.597
202006 2.435 123.557 3.450
202009 3.016 125.095 4.221
202012 2.783 129.012 3.776
202103 2.629 131.660 3.496
202106 3.084 133.871 4.033
202109 3.054 137.913 3.877
202112 2.851 141.992 3.515
202203 3.322 146.537 3.969
202206 3.356 149.784 3.922
202209 3.388 147.800 4.013
202212 3.614 150.207 4.212
202303 3.698 153.352 4.222
202306 4.132 154.519 4.681
202309 4.203 155.464 4.733
202312 4.186 157.148 4.663
202403 4.277 159.372 4.698
202406 4.209 161.052 4.575
202409 4.308 162.342 4.646
202412 3.978 164.740 4.227
202503 4.433 168.102 4.617
202506 4.817 169.670 4.970
202509 5.311 170.739 5.446
202512 5.118 171.765 5.216
202603 5.544 175.066 5.544

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 0.97 mean?
Cyrela Brazil Realty Empreend e Part (CYRBY) has a Cyclically Adjusted PB Ratio of 0.97 as of Jul. 17, 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 Cyrela Brazil Realty Empreend e Part and its competitors. This is near median its historical median of 1.03. Over the past decade, Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.98. According to the industry distribution chart, Cyrela Brazil Realty Empreend e Part ranks #30 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 40.5%.
Is Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio too high?
Cyrela Brazil Realty Empreend e Part's current Cyclically Adjusted PB Ratio of 0.97 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.98. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.10. Cyrela Brazil Realty Empreend e Part's value of 0.97 is 11.4% below this industry median. Based on the distribution chart, Cyrela Brazil Realty Empreend e Part ranks #30 out of 74 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Cyrela Brazil Realty Empreend e Part has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cyrela Brazil Realty Empreend e Part's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Cyrela Brazil Realty Empreend e Part ranks #30 out of 74 companies for Cyclically Adjusted PB Ratio. This puts Cyrela Brazil Realty Empreend e Part in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.10. Cyrela Brazil Realty Empreend e Part's value of 0.97 is 11.4% below this benchmark. Historically, Cyrela Brazil Realty Empreend e Part's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 1.98 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.10, Cyrela Brazil Realty Empreend e Part 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 Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.10, based on 74 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. Cyrela Brazil Realty Empreend e Part's current Cyclically Adjusted PB Ratio of 0.97 is 11.4% 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 Cyrela Brazil Realty Empreend e Part and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyrela Brazil Realty Empreend e Part's current Cyclically Adjusted PB Ratio is 0.97, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyrela Brazil Realty Empreend e Part stock overvalued right now?
Based on GuruFocus' analysis, Cyrela Brazil Realty Empreend e Part (CYRBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.83, compared to a current price of $4.30 — trading 26.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is near median its 10-year median of 1.03 and 11.4% below the Homebuilding & Construction industry median of 1.10. Cyrela Brazil Realty Empreend e Part's overall GF Score™ is 83/100 with 7 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 Cyrela Brazil Realty Empreend e Part (CYRBY), the current Cyclically Adjusted PB Ratio is 0.97 as of Jul. 17, 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 Cyrela Brazil Realty Empreend e Part (CYRBY) Overvalued in 2026?

Based on GuruFocus' analysis, Cyrela Brazil Realty Empreend e Part stock appears to be undervalued. The current stock price of $4.30 is trading 26.2% below its estimated GF Value™ of $5.83. GuruFocus considers Cyrela Brazil Realty Empreend e Part to be Modestly Undervalued.

Key valuation signals for CYRBY:

  • Cyclically Adjusted PB Ratio: 0.97 (near median its 10-year median of 1.03)
  • GF Value™: $5.83 vs. price of $4.30 (26.2% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 11.4% below the Homebuilding & Construction median (#30 of 74)

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


Cyrela Brazil Realty Empreend e Part Business Description

Other Exchanges CYRE3:Brazil
Address Rua do Rocio, 109, 2nd Floor, Room 01, Sao Paulo, SP, BRA, 04552-000
Cyrela Brazil Realty SA Empreend e Part is a Brazilian construction company engaged in the development and construction of residential properties, individually or together with other entities. The company has four operating segments; the Cyrela segment includes real estate projects classified by the Launch Committee as high-end and luxury, both of the Parent and joint ventures, the Living segment includes real estate projects classified by the Launch Committee as Living, both of the Parent and joint ventures, MCMV segment includes real estate projects defined by the Launch Committee as Minha Casa, Minha Vida, both of the Parent and joint ventures and Other segment include land subdivision and service rendering activities.
83GF Score

Get the complete analysis for CYRBY

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

$4.30
Price
$5.83
GF Value