Companhia Deneamento Basico Do Estado Deo Paulo (MEX:SBS N) Cyclically Adjusted PB Ratio: 4.29 (As of Aug. 08, 2026) — 172% Above Median

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MEX:SBS N Companhia De Saneamento Basico Do Estado De Sao Paulo MEX:SBS N
80 GF Score
Price MXN93.82
GF Value MXN80.12
! 6 Warning Signs
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What is Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio?

Companhia Deneamento Basico Do Estado Deo Paulo MEX:SBS N 80 Cyclically Adjusted PB Ratio is 4.29 as of Aug. 08, 2026, which is 172% above its 10-year median of 1.58. GuruFocus rates MEX:SBS N with a GF Score™ of 80/100 and a GF Value™ of MXN80.12. The stock has 6 warning signs investors should review. Among 437 Utilities - Regulated companies, Companhia Deneamento Basico Do Estado Deo Paulo ranks worse than 86.27% on this metric.

As of today (2026-08-08), Companhia Deneamento Basico Do Estado Deo Paulo's current share price is MXN93.82. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN21.85. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio for today is 4.29.

The historical rank and industry rank for Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:SBS N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.58   Max: 3.84
Current: 3.05

During the past years, Companhia Deneamento Basico Do Estado Deo Paulo's highest Cyclically Adjusted PB Ratio was 3.84. The lowest was 0.95. And the median was 1.58.

MEX:SBS N's Cyclically Adjusted PB Ratio is ranked worse than
86.27% of 437 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs MEX:SBS N: 3.05

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 MXN41.849. 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 MXN21.85 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  (MEX:SBS N) 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

* Premium members only.

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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 Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PB Ratio Chart

Companhia Deneamento Basico Do Estado Deo Paulo 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 1.26 1.65 2.02 2.18 3.07

Companhia Deneamento Basico Do Estado Deo Paulo 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 0.00 2.79 3.03 3.07 3.53

MEX:SBS N 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

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio falls into.


MEX:SBS N
80GF Score
Companhia De Saneamento Basico Do Estado De Sao Paulo MEX:SBS N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.82/21.85
=4.29

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

For example, Companhia Deneamento Basico Do Estado Deo Paulo'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)
=41.849/175.0655*175.0655
=41.849

Current CPI (Mar. 2026) = 175.0655.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.192 108.851 37.300
201609 26.179 109.986 41.669
201612 26.892 110.802 42.489
201703 27.490 111.869 43.019
201706 25.465 112.115 39.763
201709 28.376 112.777 44.048
201712 29.617 114.068 45.455
201803 28.443 114.868 43.349
201806 26.939 117.038 40.296
201809 24.267 117.881 36.039
201812 28.048 118.340 41.493
201903 28.945 120.124 42.184
201906 29.108 120.977 42.122
201909 29.644 121.292 42.786
201912 28.207 123.436 40.005
202003 28.562 124.092 40.295
202006 26.854 123.557 38.049
202009 25.183 125.095 35.243
202012 25.005 129.012 33.931
202103 23.971 131.660 31.874
202106 26.998 133.871 35.306
202109 27.082 137.913 34.378
202112 25.661 141.992 31.638
202203 29.410 146.537 35.136
202206 29.711 149.784 34.726
202209 29.774 147.800 35.267
202212 28.824 150.207 33.594
202303 27.572 153.352 31.476
202306 28.810 154.519 32.641
202309 29.615 155.464 33.349
202312 29.347 157.148 32.693
202403 29.011 159.372 31.868
202406 30.686 161.052 33.356
202409 38.243 162.342 41.240
202412 35.816 164.740 38.061
202503 0.000 168.102 0.000
202506 38.960 169.670 40.199
202509 41.450 170.739 42.500
202512 39.906 171.765 40.673
202603 41.849 175.066 41.849

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 4.29 mean?
Companhia Deneamento Basico Do Estado Deo Paulo (MEX:SBS N) has a Cyclically Adjusted PB Ratio of 4.29 as of Aug. 08, 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 172% 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 #377 out of 437 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 4.29 is 172% 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 4.29 is 182.2% above this industry median. Based on the distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #377 out of 437 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 Score™ of 80/100, 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 #377 out of 437 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 4.29 is 182.2% 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 437 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 4.29 is 182.2% 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 4.29, which is 172% 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?
Companhia Deneamento Basico Do Estado Deo Paulo (MEX:SBS N) has a current Cyclically Adjusted PB Ratio of 4.29. The stock's GF Value™ is MXN80.12, compared to a current price of MXN93.82 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.29, which is 172% above median its 10-year median of 1.58 and 182.2% above the Utilities - Regulated industry median of 1.52. Companhia Deneamento Basico Do Estado Deo Paulo's overall GF Score™ is 80/100 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 (MEX:SBS N), the current Cyclically Adjusted PB Ratio is 4.29 as of Aug. 08, 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 (MEX:SBS N) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo stock appears to be overvalued. The current stock price of MXN93.82 is trading 17.1% above its estimated GF Value™ of MXN80.12.

Key valuation signals for MEX:SBS N:

  • Cyclically Adjusted PB Ratio: 4.29 (172% above median its 10-year median of 1.58)
  • GF Value™: MXN80.12 vs. price of MXN93.82 (17.1% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 182.2% above the Utilities - Regulated median (#377 of 437)

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


Companhia Deneamento Basico Do Estado Deo Paulo Business Description

Address Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
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.
80GF Score

Get the complete analysis for MEX:SBS N

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

MXN93.82
Price
MXN80.12
GF Value