GFASY (Gafisa) Cyclically Adjusted PB Ratio: 0.00 (As of Jul. 07, 2026)


GFASY Gafisa SA GFASY
24 GF Score
Price $0.38
GF Value $0.64
Valuation Possible Value Trap
! 5 Warning Signs
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What is Gafisa Cyclically Adjusted PB Ratio?

Gafisa GFASY 24 Cyclically Adjusted PB Ratio is 0.00 as of Jul. 07, 2026. GuruFocus rates GFASY with a GF Score™ of 24/100 and a GF Value™ of $0.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 74 Homebuilding & Construction companies, Gafisa ranks worse than 1351350% on this metric.

As of today (2026-07-07), Gafisa's current share price is $0.38. Gafisa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $257.67. Gafisa's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, Gafisa's highest Cyclically Adjusted PB Ratio was 0.19. The lowest was 0.01. And the median was 0.06.

GFASY's Cyclically Adjusted PB Ratio is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 1.11
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Gafisa's adjusted book value per share data for the three months ended in Mar. 2026 was $1.196. 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 $257.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gafisa  (OTCPK:GFASY) 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.


Gafisa Cyclically Adjusted PB Ratio Related Terms


Gafisa Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gafisa'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.

Gafisa Cyclically Adjusted PB Ratio Chart

Gafisa 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 0.03 0.02 0.03 0.00 0.00

Gafisa 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 0.01 0.00 0.00 0.00 0.00

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

For the Residential Construction subindustry, Gafisa'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.


Gafisa Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Gafisa's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GFASY
24GF Score
Gafisa SA GFASY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gafisa 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.

Gafisa's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.38/257.67
=0.00

* 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.

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

For example, Gafisa'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)
=1.196/175.0655*175.0655
=1.196

Current CPI (Mar. 2026) = 175.0655.

Gafisa Quarterly Data

Book Value per Share CPI Adj_Book
201606 348.769 108.851 560.929
201609 357.963 109.986 569.772
201612 212.891 110.802 336.365
201703 197.605 111.869 309.235
201706 165.496 112.115 258.420
201709 154.181 112.777 239.337
201712 96.663 114.068 148.353
201803 127.593 114.868 194.459
201806 66.549 117.038 99.544
201809 59.849 117.881 88.882
201812 38.608 118.340 57.114
201903 34.844 120.124 50.781
201906 29.568 120.977 42.788
201909 37.539 121.292 54.181
201912 24.694 123.436 35.023
202003 0.000 124.092 0.000
202006 25.487 123.557 36.112
202009 14.337 125.095 20.064
202012 14.972 129.012 20.317
202103 13.861 131.660 18.431
202106 15.615 133.871 20.420
202109 14.773 137.913 18.753
202112 14.179 141.992 17.482
202203 16.120 146.537 19.258
202206 15.630 149.784 18.268
202209 14.519 147.800 17.197
202212 14.776 150.207 17.221
202303 11.398 153.352 13.012
202306 10.324 154.519 11.697
202309 9.207 155.464 10.368
202312 9.381 157.148 10.451
202403 8.780 159.372 9.645
202406 8.022 161.052 8.720
202409 6.074 162.342 6.550
202412 5.519 164.740 5.865
202503 5.151 168.102 5.364
202506 5.366 169.670 5.537
202509 3.324 170.739 3.408
202512 2.524 171.765 2.572
202603 1.196 175.066 1.196

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 0.00 mean?
Gafisa (GFASY) has a Cyclically Adjusted PB Ratio of 0.00 as of Jul. 07, 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 Gafisa and its competitors. Over the past decade, Gafisa's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.19. According to the industry distribution chart, Gafisa ranks #999999 out of 74 companies in the Homebuilding & Construction industry.
Is Gafisa's Cyclically Adjusted PB Ratio too high?
Gafisa's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.19. Based on the distribution chart, Gafisa ranks #999999 out of 74 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Gafisa has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gafisa's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Gafisa ranks #999999 out of 74 companies for Cyclically Adjusted PB Ratio. This places Gafisa in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.11. Historically, Gafisa's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.19 over the past decade. 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 1.11, 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. 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 Gafisa and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gafisa's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gafisa stock overvalued right now?
Based on GuruFocus' analysis, Gafisa (GFASY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.64, compared to a current price of $0.38 — trading 40.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.00. Gafisa's overall GF Score™ is 24/100 with 5 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 Gafisa (GFASY), the current Cyclically Adjusted PB Ratio is 0.00 as of Jul. 07, 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 Gafisa (GFASY) Overvalued in 2026?

Based on GuruFocus' analysis, Gafisa stock appears to be undervalued. The current stock price of $0.38 is trading 40.6% below its estimated GF Value™ of $0.64. GuruFocus considers Gafisa to be Possible Value Trap.

Key valuation signals for GFASY:

  • Cyclically Adjusted PB Ratio: 0.00
  • GF Value™: $0.64 vs. price of $0.38 (40.6% below fair value)
  • GF Score™: 24/100 with 5 warning signs

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


Gafisa Business Description

Other Exchanges GFSA3:Brazil
Address Avenida Presidente Juscelino Kubitschek, No. 1830, Block 2, 3rd Floor, Sao Paulo, SP, BRA, 04543-900
Gafisa SA is a Brazilian company that is engaged in the real estate development of residential units on behalf of third parties. It provides civil construction and civil engineering services, develops and implements marketing strategies related to its own and third-party real estate ventures, and invests in other companies that share similar objectives. The company operates in Sao Paulo and its metropolitan area.
24GF 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.

$0.38
Price
$0.64
GF Value