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FRA:SAJA's Cyclically Adjusted PB Ratio is ranked worse than 86.3% of 438
companies
in the Utilities - Regulated industry
Industry Median: 1.515
vs FRA:SAJA: 3.09
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 €2.007. 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 €1.45 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 (FRA:SAJA) 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
* 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
FRA:SAJA 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
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.
* 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.
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 3.26 mean?
Companhia Deneamento Basico Do Estado Deo Paulo (FRA:SAJA) has a Cyclically Adjusted PB Ratio of 3.26 as of Aug. 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. This is 106% 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 #378 out of 438 companies in the Utilities - Regulated industry, placing it in the top 86.3%.
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 3.26 is 106% 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 1.52. Companhia Deneamento Basico Do Estado Deo Paulo's value of 3.26 is 115.2% above this industry median. Based on the distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #378 out of 438 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 Scoreâ„¢ of 83/100 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 #378 out of 438 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 1.52. Companhia Deneamento Basico Do Estado Deo Paulo's value of 3.26 is 115.2% 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 1.52, 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 1.52, based on 438 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 3.26 is 115.2% 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — 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 3.26, which is 106% 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 (FRA:SAJA) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.89, compared to a current price of €4.72 — trading 21.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.26, which is 106% above median its 10-year median of 1.58 and 115.2% above the Utilities - Regulated industry median of 1.52. Companhia Deneamento Basico Do Estado Deo Paulo's overall GF Score™ is 83/100 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 (FRA:SAJA), the current Cyclically Adjusted PB Ratio is 3.26 as of Aug. 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 Companhia Deneamento Basico Do Estado Deo Paulo (FRA:SAJA) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo stock appears to be overvalued.
The current stock price of €4.72 is trading 21.3% above its estimated GF Value™ of €3.89.
GuruFocus considers Companhia Deneamento Basico Do Estado Deo Paulo to be Modestly Overvalued.
Key valuation signals for FRA:SAJA:
Cyclically Adjusted PB Ratio: 3.26 (106% above median its 10-year median of 1.58)
GF Value™: €3.89 vs. price of €4.72 (21.3% above fair value)
Industry Position: 115.2% above the Utilities - Regulated median (#378 of 438)
No single metric tells the full story. See the FRA:SAJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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