Ingevec (XSGO:INGEVEC) Cyclically Adjusted PB Ratio: 2.82 (As of Aug. 15, 2026) — 152% Above Median

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XSGO:INGEVEC Ingevec SA XSGO:INGEVEC
69 GF Score
Price CLP200.99
GF Value CLP76.61
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ingevec Cyclically Adjusted PB Ratio?

Ingevec XSGO:INGEVEC 69 Cyclically Adjusted PB Ratio is 2.82 as of Aug. 15, 2026, which is 152% above its 10-year median of 1.12. GuruFocus rates XSGO:INGEVEC with a GF Score™ of 69/100 and a GF Value™ of CLP76.61 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,329 Construction companies, Ingevec ranks worse than 78.18% on this metric.

As of today (2026-08-15), Ingevec's current share price is CLP200.99. Ingevec's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CLP71.35. Ingevec's Cyclically Adjusted PB Ratio for today is 2.82.

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

XSGO:INGEVEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.12   Max: 3.13
Current: 2.82

During the past years, Ingevec's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 0.74. And the median was 1.12.

XSGO:INGEVEC's Cyclically Adjusted PB Ratio is ranked worse than
78.18% of 1329 companies
in the Construction industry
Industry Median: 1.14 vs XSGO:INGEVEC: 2.82

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.

Ingevec's adjusted book value per share data for the three months ended in Mar. 2026 was CLP94.152. 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 CLP71.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingevec  (XSGO:INGEVEC) 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.


Ingevec Cyclically Adjusted PB Ratio Related Terms


Ingevec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ingevec'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.

Ingevec Cyclically Adjusted PB Ratio Chart

Ingevec 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 1.30 0.96 0.76 0.89 2.40

Ingevec 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 1.41 1.35 1.69 2.40 2.86

XSGO:INGEVEC vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Ingevec'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.


Ingevec Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XSGO:INGEVEC
69GF Score
Ingevec SA XSGO:INGEVEC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingevec 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.

Ingevec's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=200.99/71.35
=2.82

* 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.

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

For example, Ingevec'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)
=94.152/160.1900*160.1900
=94.152

Current CPI (Mar. 2026) = 160.1900.

Ingevec Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.855 103.965 47.542
201609 31.414 104.521 48.146
201612 32.054 104.532 49.121
201703 33.029 105.752 50.031
201706 33.698 105.730 51.055
201709 35.002 106.035 52.878
201712 36.124 106.907 54.128
201803 41.753 107.670 62.120
201806 45.894 108.421 67.807
201809 47.459 109.369 69.512
201812 45.232 109.653 66.079
201903 46.857 110.339 68.027
201906 48.098 111.352 69.193
201909 50.179 111.821 71.884
201912 50.398 112.943 71.481
202003 52.744 114.468 73.811
202006 50.744 114.283 71.128
202009 51.327 115.275 71.326
202012 51.519 116.299 70.962
202103 53.522 117.770 72.800
202106 55.452 118.630 74.878
202109 57.955 121.431 76.454
202112 57.608 124.634 74.043
202203 60.442 128.850 75.143
202206 62.392 133.448 74.895
202209 64.524 138.101 74.845
202212 62.542 140.574 71.269
202303 64.743 143.145 72.452
202306 67.853 143.538 75.725
202309 70.219 145.172 77.483
202312 69.573 146.109 76.278
202403 73.716 148.551 79.492
202406 75.854 149.592 81.228
202409 78.517 151.212 83.179
202412 77.360 152.774 81.115
202503 80.242 155.783 82.512
202506 83.870 155.754 86.259
202509 91.072 157.870 92.410
202512 89.741 158.040 90.962
202603 94.152 160.190 94.152

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 2.82 mean?
Ingevec (XSGO:INGEVEC) has a Cyclically Adjusted PB Ratio of 2.82 as of Aug. 15, 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 Ingevec and its competitors. This is 152% above median its historical median of 1.12. Over the past decade, Ingevec's Cyclically Adjusted PB Ratio has ranged from 0.74 to 3.13. According to the industry distribution chart, Ingevec ranks #1039 out of 1329 companies in the Construction industry, placing it in the top 78.2%.
Is Ingevec's Cyclically Adjusted PB Ratio too high?
Ingevec's current Cyclically Adjusted PB Ratio of 2.82 is 152% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.13. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Ingevec's value of 2.82 is 147.4% above this industry median. Based on the distribution chart, Ingevec ranks #1039 out of 1329 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ingevec has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ingevec's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Ingevec ranks #1039 out of 1329 companies for Cyclically Adjusted PB Ratio. This places Ingevec in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Ingevec's value of 2.82 is 147.4% above this benchmark. Historically, Ingevec's own Cyclically Adjusted PB Ratio has ranged from 0.74 to 3.13 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.14, Ingevec 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,329 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. Ingevec's current Cyclically Adjusted PB Ratio of 2.82 is 147.4% 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 Ingevec 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. Ingevec's current Cyclically Adjusted PB Ratio is 2.82, which is 152% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingevec stock overvalued right now?
Based on GuruFocus' analysis, Ingevec (XSGO:INGEVEC) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP76.61, compared to a current price of CLP200.99 — trading 162.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.82, which is 152% above median its 10-year median of 1.12 and 147.4% above the Construction industry median of 1.14. Ingevec's overall GF Score™ is 69/100 with 2 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 Ingevec (XSGO:INGEVEC), the current Cyclically Adjusted PB Ratio is 2.82 as of Aug. 15, 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 Ingevec (XSGO:INGEVEC) Overvalued in 2026?

Based on GuruFocus' analysis, Ingevec stock appears to be overvalued. The current stock price of CLP200.99 is trading 162.4% above its estimated GF Value™ of CLP76.61. GuruFocus considers Ingevec to be Significantly Overvalued.

Key valuation signals for XSGO:INGEVEC:

  • Cyclically Adjusted PB Ratio: 2.82 (152% above median its 10-year median of 1.12)
  • GF Value™: CLP76.61 vs. price of CLP200.99 (162.4% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 147.4% above the Construction median (#1039 of 1329)

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


Ingevec Business Description

Address Cerro El Plomo 5680, 14th Floor, Las Condes, Santiago, CHL, 7560742
Ingevec SA operates in the real estate sector. It develops residential, commercial, and industrial projects and offers professional services and technical advice in engineering, architecture, design, construction, urbanization, and others. The company operates through the following business segments; Engineering and Construction, Real Estate, and Investments and Income. A majority of its revenue is generated from the Engineering and Construction segment which provides construction services to private and public clients, developing residential, warehouse, and commercial building projects. In addition, it participates in the development of public and private infrastructure projects. Geographically, the company operates in Chile, its key revenue generating market, and Peru.
69GF Score

Get the complete analysis for XSGO:INGEVEC

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

CLP200.99
Price
CLP76.61
GF Value