Corticeira Amorim SGPS (STU:AS4) Cyclically Adjusted PB Ratio: 1.31 (As of Sep. 17, 2026) — 58% Below Median

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STU:AS4 Corticeira Amorim SGPS SA STU:AS4
74 GF Score
Price €6.98
GF Value €7.65
Valuation Fairly Valued
! 5 Warning Signs
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What is Corticeira Amorim SGPS Cyclically Adjusted PB Ratio?

Corticeira Amorim SGPS STU:AS4 -0.85% 74 Cyclically Adjusted PB Ratio is 1.31 as of Sep. 17, 2026, which is 58% below its 10-year median of 3.12. GuruFocus rates STU:AS4 with a GF Score™ of 74/100 and a GF Value™ of €7.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 206 Forest Products companies, Corticeira Amorim SGPS ranks worse than 77.67% on this metric.

As of today (2026-09-17), Corticeira Amorim SGPS's current share price is €6.98. Corticeira Amorim SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €5.34. Corticeira Amorim SGPS's Cyclically Adjusted PB Ratio for today is 1.31.

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

STU:AS4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 3.12   Max: 5.47
Current: 1.43

During the past years, Corticeira Amorim SGPS's highest Cyclically Adjusted PB Ratio was 5.47. The lowest was 1.29. And the median was 3.12.

STU:AS4's Cyclically Adjusted PB Ratio is ranked worse than
77.67% of 206 companies
in the Forest Products industry
Industry Median: 0.74 vs STU:AS4: 1.43

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.

Corticeira Amorim SGPS's adjusted book value per share data for the three months ended in Mar. 2026 was €6.456. 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 €5.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corticeira Amorim SGPS  (STU:AS4) 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.


Corticeira Amorim SGPS Cyclically Adjusted PB Ratio Related Terms


Corticeira Amorim SGPS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Cyclically Adjusted PB Ratio Chart

Corticeira Amorim SGPS 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 3.15 2.12 2.03 1.60 1.21

Corticeira Amorim SGPS 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 1.57 1.55 1.36 1.24 1.23

STU:AS4 vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:AS4
74GF Score
Corticeira Amorim SGPS SA STU:AS4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.98/5.344
=1.31

* 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.

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

For example, Corticeira Amorim SGPS'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)
=6.456/125.9400*125.9400
=6.456

Current CPI (Mar. 2026) = 125.9400.

Corticeira Amorim SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.770 101.319 3.443
201609 2.921 101.122 3.638
201612 3.210 100.998 4.003
201703 3.340 101.924 4.127
201706 3.308 102.240 4.075
201709 3.406 102.527 4.184
201712 3.459 102.479 4.251
201803 3.604 102.626 4.423
201806 3.572 103.790 4.334
201809 3.700 103.960 4.482
201812 3.746 103.159 4.573
201903 3.908 103.495 4.756
201906 3.883 104.192 4.693
201909 3.978 103.844 4.824
201912 4.057 103.592 4.932
202003 4.195 103.544 5.102
202006 4.110 104.323 4.962
202009 4.214 103.699 5.118
202012 4.336 103.354 5.284
202103 4.475 104.014 5.418
202106 4.472 104.852 5.371
202109 4.634 105.232 5.546
202112 4.686 106.191 5.558
202203 5.214 109.559 5.994
202206 5.301 114.003 5.856
202209 5.432 114.999 5.949
202212 5.601 116.377 6.061
202303 5.809 117.701 6.216
202306 5.814 117.872 6.212
202309 5.921 119.111 6.260
202312 6.015 118.032 6.418
202403 6.139 120.396 6.422
202406 6.099 121.165 6.339
202409 6.185 121.574 6.407
202412 6.279 121.585 6.504
202503 6.407 122.624 6.580
202506 6.176 124.042 6.270
202509 6.230 124.490 6.303
202512 6.318 124.240 6.404
202603 6.456 125.940 6.456

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 1.31 mean?
Corticeira Amorim SGPS (STU:AS4) has a Cyclically Adjusted PB Ratio of 1.31 as of Sep. 17, 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 Corticeira Amorim SGPS and its competitors. This is 58% below median its historical median of 3.12. Over the past decade, Corticeira Amorim SGPS's Cyclically Adjusted PB Ratio has ranged from 1.29 to 5.47. According to the industry distribution chart, Corticeira Amorim SGPS ranks #160 out of 206 companies in the Forest Products industry, placing it in the top 77.7%.
Is Corticeira Amorim SGPS's Cyclically Adjusted PB Ratio too high?
Corticeira Amorim SGPS's current Cyclically Adjusted PB Ratio of 1.31 is 58% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 5.47. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.74. Corticeira Amorim SGPS's value of 1.31 is 77% above this industry median. Based on the distribution chart, Corticeira Amorim SGPS ranks #160 out of 206 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Corticeira Amorim SGPS has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Corticeira Amorim SGPS ranks #160 out of 206 companies for Cyclically Adjusted PB Ratio. This places Corticeira Amorim SGPS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.74. Corticeira Amorim SGPS's value of 1.31 is 77% above this benchmark. Historically, Corticeira Amorim SGPS's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 5.47 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 0.74, Corticeira Amorim SGPS 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 a Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.74, based on 206 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. Corticeira Amorim SGPS's current Cyclically Adjusted PB Ratio of 1.31 is 77% 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 Corticeira Amorim SGPS and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corticeira Amorim SGPS's current Cyclically Adjusted PB Ratio is 1.31, which is 58% below median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Based on GuruFocus' analysis, Corticeira Amorim SGPS (STU:AS4) is currently considered Fairly Valued. The stock's GF Value™ is €7.65, compared to a current price of €6.98 — trading 8.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.31, which is 58% below median its 10-year median of 3.12 and 77% above the Forest Products industry median of 0.74. Corticeira Amorim SGPS's overall GF Score™ is 74/100 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 Corticeira Amorim SGPS (STU:AS4), the current Cyclically Adjusted PB Ratio is 1.31 as of Sep. 17, 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 Corticeira Amorim SGPS (STU:AS4) Overvalued in 2026?

Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued. The current stock price of €6.98 is trading 8.8% below its estimated GF Value™ of €7.65. GuruFocus considers Corticeira Amorim SGPS to be Fairly Valued.

Key valuation signals for STU:AS4:

  • Cyclically Adjusted PB Ratio: 1.31 (58% below median its 10-year median of 3.12)
  • GF Value™: €7.65 vs. price of €6.98 (8.8% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 77% above the Forest Products median (#160 of 206)

No single metric tells the full story. See the STU:AS4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corticeira Amorim SGPS Business Description

Address Rua Comendador Americo Ferreira Amorim, 380, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
74GF Score

Get the complete analysis for STU:AS4

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

€6.98
Price
€7.65
GF Value