Companhia Brasileira De Distribuicao (MEX:CBDN) Cyclically Adjusted PB Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:CBDN Companhia Brasileira De Distribuicao MEX:CBDN
53 GF Score
Price MXN13.60
GF Value MXN13.26
! 6 Warning Signs
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What is Companhia Brasileira De Distribuicao Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Brasileira De Distribuicao  (MEX:CBDN) 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 Brasileira De Distribuicao Cyclically Adjusted PB Ratio Related Terms


Companhia Brasileira De Distribuicao Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Companhia Brasileira De Distribuicao'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 Brasileira De Distribuicao Cyclically Adjusted PB Ratio Chart

Companhia Brasileira De Distribuicao 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 0.39 0.29 0.07 0.05 0.08

Companhia Brasileira De Distribuicao Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.05 0.00 0.09 0.08 0.05

MEX:CBDN vs DDS, M: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, Companhia Brasileira De Distribuicao'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 Brasileira De Distribuicao Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Brasileira De Distribuicao's Cyclically Adjusted PB Ratio falls into.


MEX:CBDN
53GF Score
Companhia Brasileira De Distribuicao MEX:CBDN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Companhia Brasileira De Distribuicao'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)
=4.653/175.0655*175.0655
=4.653

Current CPI (Mar. 2026) = 175.0655.

Companhia Brasileira De Distribuicao Quarterly Data

Book Value per Share CPI Adj_Book
201603 175.126 106.979 286.585
201606 196.960 108.851 316.773
201609 214.834 109.986 341.952
201612 216.585 110.802 342.201
201703 216.723 111.869 339.153
201706 200.828 112.115 313.591
201709 212.604 112.777 330.028
201712 201.179 114.068 308.759
201803 206.036 114.868 314.011
201806 201.167 117.038 300.907
201809 176.249 117.881 261.747
201812 185.939 118.340 275.067
201903 188.652 120.124 274.937
201906 192.066 120.977 277.937
201909 186.434 121.292 269.087
201912 179.891 123.436 255.133
202003 180.467 124.092 254.599
202006 186.856 123.557 264.752
202009 178.812 125.095 250.240
202012 176.790 129.012 239.898
202103 169.637 131.660 225.562
202106 167.174 133.871 218.617
202109 171.714 137.913 217.972
202112 164.634 141.992 202.981
202203 190.003 146.537 226.993
202206 189.087 149.784 221.003
202209 172.524 147.800 204.351
202212 141.633 150.207 165.073
202303 131.286 153.352 149.875
202306 131.400 154.519 148.872
202309 58.658 155.464 66.054
202312 54.180 157.148 60.357
202403 31.694 159.372 34.815
202406 30.070 161.052 32.687
202409 29.213 162.342 31.502
202412 20.411 164.740 21.690
202503 0.000 168.102 0.000
202509 18.755 170.739 19.230
202512 14.166 171.765 14.438
202603 4.653 175.066 4.653

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.

Is Companhia Brasileira De Distribuicao (MEX:CBDN) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Brasileira De Distribuicao stock appears to be overvalued. The current stock price of MXN13.60 is trading 2.6% above its estimated GF Value™ of MXN13.26.

Key valuation signals for MEX:CBDN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN13.26 vs. price of MXN13.60 (2.6% above fair value)
  • GF Score™: 53/100 with 6 warning signs

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


Companhia Brasileira De Distribuicao Business Description

Other Exchanges PCAR3:Brazil
Address Avenida Brigadeiro Luiz Antonio, 3142, Jardim Paulista, Sao Paulo, SP, BRA, 01402-901
Companhia Brasileira De Distribuicao is engaged in the retail of food and other products through its chain of supermarkets and specialized stores. The Company has only two segments, referred to as Retail, which comprises the banners Pao de Acucar, Mercado Extra, Minimercado Extra, and Minuto Pao de Acucar. Other businesses comprise the operations of Stix.
53GF Score

Get the complete analysis for MEX:CBDN

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

MXN13.60
Price
MXN13.26
GF Value