Andino Investment Holding (LIM:AIHC1) Cyclically Adjusted PB Ratio: 0.36 (As of Sep. 14, 2026) — 20% Above 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.

LIM:AIHC1 Andino Investment Holding SA LIM:AIHC1
49 GF Score
Price S/.1.20
GF Value S/.1.02
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Andino Investment Holding Cyclically Adjusted PB Ratio?

Andino Investment Holding LIM:AIHC1 +9.09% 49 Cyclically Adjusted PB Ratio is 0.36 as of Sep. 14, 2026, which is 20% above its 10-year median of 0.30. GuruFocus rates LIM:AIHC1 with a GF Score™ of 49/100 and a GF Value™ of S/.1.02 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,239 Construction companies, Andino Investment Holding ranks better than 84.67% on this metric.

As of today (2026-09-14), Andino Investment Holding's current share price is S/.1.20. Andino Investment Holding's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was S/.3.35. Andino Investment Holding's Cyclically Adjusted PB Ratio for today is 0.36.

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

LIM:AIHC1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.3   Max: 0.36
Current: 0.36

During the past years, Andino Investment Holding's highest Cyclically Adjusted PB Ratio was 0.36. The lowest was 0.27. And the median was 0.30.

LIM:AIHC1's Cyclically Adjusted PB Ratio is ranked better than
84.67% of 1239 companies
in the Construction industry
Industry Median: 1.14 vs LIM:AIHC1: 0.36

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.

Andino Investment Holding's adjusted book value per share data for the three months ended in Jun. 2026 was S/.2.703. 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 S/.3.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Andino Investment Holding  (LIM:AIHC1) 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.


Andino Investment Holding Cyclically Adjusted PB Ratio Related Terms


Andino Investment Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Andino Investment Holding'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.

Andino Investment Holding Cyclically Adjusted PB Ratio Chart

Andino Investment Holding 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 0.00 0.00 0.00 0.33 0.28

Andino Investment Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.30 0.30 0.28 0.28 0.29

Andino Investment Holding Cyclically Adjusted PB Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Andino Investment Holding'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.


Andino Investment Holding Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Andino Investment Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LIM:AIHC1
49GF Score
Andino Investment Holding SA LIM:AIHC1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andino Investment Holding 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.

Andino Investment Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.20/3.35
=0.36

* 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.

Andino Investment Holding's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Andino Investment Holding's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.703/333.9520*333.9520
=2.703

Current CPI (Jun. 2026) = 333.9520.

Andino Investment Holding Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.974 241.018 4.121
201612 2.584 241.432 3.574
201703 2.480 243.801 3.397
201706 2.564 244.955 3.496
201709 0.000 246.819 0.000
201712 2.353 246.524 3.187
201803 2.316 249.554 3.099
201806 2.323 251.989 3.079
201809 2.302 252.439 3.045
201812 2.753 251.233 3.659
201903 2.714 254.202 3.565
201906 2.666 256.143 3.476
201909 2.629 256.759 3.419
201912 2.664 256.974 3.462
202003 2.646 258.115 3.423
202006 2.617 257.797 3.390
202009 2.578 260.280 3.308
202012 2.713 260.474 3.478
202103 2.847 264.877 3.589
202106 2.827 271.696 3.475
202109 2.783 274.310 3.388
202112 3.219 278.802 3.856
202203 3.194 287.504 3.710
202206 3.195 296.311 3.601
202209 3.163 296.808 3.559
202212 3.151 296.797 3.545
202303 3.133 301.836 3.466
202306 3.126 305.109 3.422
202309 3.105 307.789 3.369
202312 2.993 306.746 3.258
202403 2.978 312.332 3.184
202406 2.939 314.175 3.124
202409 2.932 315.301 3.105
202412 2.968 315.605 3.141
202503 3.002 319.799 3.135
202506 3.016 322.561 3.123
202509 3.042 324.800 3.128
202512 2.753 324.054 2.837
202603 2.727 330.213 2.758
202606 2.703 333.952 2.703

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 0.36 mean?
Andino Investment Holding (LIM:AIHC1) has a Cyclically Adjusted PB Ratio of 0.36 as of Sep. 14, 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 Andino Investment Holding and its competitors. This is 20% above median its historical median of 0.30. Over the past decade, Andino Investment Holding's Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.36. According to the industry distribution chart, Andino Investment Holding ranks #190 out of 1239 companies in the Construction industry, placing it in the top 15.3%.
Is Andino Investment Holding's Cyclically Adjusted PB Ratio too high?
Andino Investment Holding's current Cyclically Adjusted PB Ratio of 0.36 is 20% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.36. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Andino Investment Holding's value of 0.36 is 68.4% below this industry median. Based on the distribution chart, Andino Investment Holding ranks #190 out of 1239 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Andino Investment Holding has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Andino Investment Holding's Cyclically Adjusted PB Ratio compare to competitors?
According to the Construction industry distribution chart, Andino Investment Holding ranks #190 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Andino Investment Holding in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. Andino Investment Holding's value of 0.36 is 68.4% below this benchmark. Historically, Andino Investment Holding's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.36 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.14, Andino Investment Holding 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,239 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. Andino Investment Holding's current Cyclically Adjusted PB Ratio of 0.36 is 68.4% 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 Andino Investment Holding and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andino Investment Holding's current Cyclically Adjusted PB Ratio is 0.36, which is 20% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andino Investment Holding stock overvalued right now?
Based on GuruFocus' analysis, Andino Investment Holding (LIM:AIHC1) is currently considered Modestly Overvalued. The stock's GF Value™ is S/.1.02, compared to a current price of S/.1.20 — trading 17.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.36, which is 20% above median its 10-year median of 0.30 and 68.4% below the Construction industry median of 1.14. Andino Investment Holding's overall GF Score™ is 49/100 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 Andino Investment Holding (LIM:AIHC1), the current Cyclically Adjusted PB Ratio is 0.36 as of Sep. 14, 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 Andino Investment Holding (LIM:AIHC1) Overvalued in 2026?

Based on GuruFocus' analysis, Andino Investment Holding stock appears to be overvalued. The current stock price of S/.1.20 is trading 17.6% above its estimated GF Value™ of S/.1.02. GuruFocus considers Andino Investment Holding to be Modestly Overvalued.

Key valuation signals for LIM:AIHC1:

  • Cyclically Adjusted PB Ratio: 0.36 (20% above median its 10-year median of 0.30)
  • GF Value™: S/.1.02 vs. price of S/.1.20 (17.6% above fair value)
  • GF Score™: 49/100 with 10 warning signs
  • Industry Position: 68.4% below the Construction median (#190 of 1239)

No single metric tells the full story. See the LIM:AIHC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Andino Investment Holding Business Description

Address Avenue Mariscal Jose La Mar No. 1263, Office 604, Miraflores, Lima, PER
Andino Investment Holding SA is a port operator offering port and airport operations. The company's services include port and airport infrastructure, maritime an river, and logistics services.
49GF Score

Get the complete analysis for LIM:AIHC1

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

S/.1.20
Price
S/.1.02
GF Value