VSSPY (Valid Solucoes) Cyclically Adjusted PB Ratio: 0.96 (As of Jul. 23, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

VSSPY Valid Solucoes SA VSSPY
69 GF Score
Price $4.23
GF Value $4.75
! 3 Warning Signs
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What is Valid Solucoes Cyclically Adjusted PB Ratio?

Valid Solucoes VSSPY 69 Cyclically Adjusted PB Ratio is 0.96 as of Jul. 23, 2026, which is 3% above its 10-year median of 0.93. GuruFocus rates VSSPY with a GF Score™ of 69/100 and a GF Value™ of $4.75. The stock has 3 warning signs investors should review. Among 729 Business Services companies, Valid Solucoes ranks better than 71.74% on this metric.

As of today (2026-07-23), Valid Solucoes's current share price is $4.23. Valid Solucoes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.40. Valid Solucoes's Cyclically Adjusted PB Ratio for today is 0.96.

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

VSSPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.93   Max: 1.6
Current: 0.84

During the past years, Valid Solucoes's highest Cyclically Adjusted PB Ratio was 1.60. The lowest was 0.44. And the median was 0.93.

VSSPY's Cyclically Adjusted PB Ratio is ranked better than
71.74% of 729 companies
in the Business Services industry
Industry Median: 1.56 vs VSSPY: 0.84

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.

Valid Solucoes's adjusted book value per share data for the three months ended in Mar. 2026 was $4.180. 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 $4.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valid Solucoes  (OTCPK:VSSPY) 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.


Valid Solucoes Cyclically Adjusted PB Ratio Related Terms


Valid Solucoes Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Valid Solucoes'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.

Valid Solucoes Cyclically Adjusted PB Ratio Chart

Valid Solucoes 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 0.52 0.52 1.11 1.22 1.03

Valid Solucoes 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 1.15 1.24 1.02 1.03 0.96

VSSPY vs CTAS, CPRT, ULS: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Valid Solucoes'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.


Valid Solucoes Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Valid Solucoes's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


VSSPY
69GF Score
Valid Solucoes SA VSSPY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valid Solucoes 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.

Valid Solucoes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.23/4.40
=0.96

* 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.

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

For example, Valid Solucoes'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)
=4.18/175.0655*175.0655
=4.180

Current CPI (Mar. 2026) = 175.0655.

Valid Solucoes Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.849 108.851 6.190
201609 4.231 109.986 6.735
201612 4.046 110.802 6.393
201703 4.314 111.869 6.751
201706 4.561 112.115 7.122
201709 4.336 112.777 6.731
201712 4.148 114.068 6.366
201803 4.203 114.868 6.406
201806 3.924 117.038 5.870
201809 3.697 117.881 5.490
201812 3.859 118.340 5.709
201903 3.955 120.124 5.764
201906 3.946 120.977 5.710
201909 3.946 121.292 5.695
201912 3.749 123.436 5.317
202003 3.579 124.092 5.049
202006 3.126 123.557 4.429
202009 3.057 125.095 4.278
202012 2.935 129.012 3.983
202103 2.675 131.660 3.557
202106 2.783 133.871 3.639
202109 2.907 137.913 3.690
202112 2.793 141.992 3.444
202203 2.905 146.537 3.471
202206 3.011 149.784 3.519
202209 3.012 147.800 3.568
202212 2.950 150.207 3.438
202303 3.075 153.352 3.510
202306 3.324 154.519 3.766
202309 3.434 155.464 3.867
202312 3.307 157.148 3.684
202403 3.855 159.372 4.235
202406 3.824 161.052 4.157
202409 3.819 162.342 4.118
202412 3.717 164.740 3.950
202503 3.864 168.102 4.024
202506 3.985 169.670 4.112
202509 4.091 170.739 4.195
202512 3.987 171.765 4.064
202603 4.180 175.066 4.180

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 0.96 mean?
Valid Solucoes (VSSPY) has a Cyclically Adjusted PB Ratio of 0.96 as of Jul. 23, 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 Valid Solucoes and its competitors. This is near median its historical median of 0.93. Over the past decade, Valid Solucoes' Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.60. According to the industry distribution chart, Valid Solucoes ranks #206 out of 729 companies in the Business Services industry, placing it in the top 28.3%.
Is Valid Solucoes' Cyclically Adjusted PB Ratio too high?
Valid Solucoes' current Cyclically Adjusted PB Ratio of 0.96 is near median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.60. The Business Services industry median Cyclically Adjusted PB Ratio is 1.56. Valid Solucoes' value of 0.96 is 38.5% below this industry median. Based on the distribution chart, Valid Solucoes ranks #206 out of 729 companies in the Business Services industry, which is above the industry midpoint. Overall, Valid Solucoes has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Valid Solucoes' Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Valid Solucoes ranks #206 out of 729 companies for Cyclically Adjusted PB Ratio. This puts Valid Solucoes in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Valid Solucoes' value of 0.96 is 38.5% below this benchmark. Historically, Valid Solucoes' own Cyclically Adjusted PB Ratio has ranged from 0.44 to 1.60 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.56, Valid Solucoes 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.56, based on 729 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. Valid Solucoes's current Cyclically Adjusted PB Ratio of 0.96 is 38.5% 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 Valid Solucoes and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valid Solucoes's current Cyclically Adjusted PB Ratio is 0.96, which is near median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valid Solucoes stock overvalued right now?
Valid Solucoes (VSSPY) has a current Cyclically Adjusted PB Ratio of 0.96. The stock's GF Value™ is $4.75, compared to a current price of $4.23 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.96, which is near median its 10-year median of 0.93 and 38.5% below the Business Services industry median of 1.56. Valid Solucoes' overall GF Score™ is 69/100 with 3 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 Valid Solucoes (VSSPY), the current Cyclically Adjusted PB Ratio is 0.96 as of Jul. 23, 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 Valid Solucoes (VSSPY) Overvalued in 2026?

Based on GuruFocus' analysis, Valid Solucoes stock appears to be undervalued. The current stock price of $4.23 is trading 10.9% below its estimated GF Value™ of $4.75.

Key valuation signals for VSSPY:

  • Cyclically Adjusted PB Ratio: 0.96 (near median its 10-year median of 0.93)
  • GF Value™: $4.75 vs. price of $4.23 (10.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 38.5% below the Business Services median (#206 of 729)

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


Valid Solucoes Business Description

Other Exchanges VLID3:Brazil
Address 511 - Ipanema das Pedras, Rua Laura Maiello Kook, Sorocaba, SP, BRA, 18052-445
Valid Solucoes SA Formerly Valid Solucoes eServicos de Seguranca em Meios de Pagamento e Identificacao is engaged in the printing industry, which includes systems that include electronic, plastic, and magnetic cards, card encoding, and development, implementation, and execution of electronic document management projects. The reporting segment is Means Of Payment, which consists of cards for purposes like payments, identification, and customization. The identification segment provides physical and electronic solutions. The mobile segment offers solutions like instant lottery tickets, digital certification that offers products, services, consulting, and technology for the issue, and the use of private and Brazilian government-certified digital certificates.
69GF Score

Get the complete analysis for VSSPY

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

$4.23
Price
$4.75
GF Value