Zona Franca de Iquique (XSGO:ZOFRI) Cyclically Adjusted PB Ratio: 3.34 (As of Aug. 06, 2026) — 35% Above Median

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XSGO:ZOFRI Zona Franca de Iquique SA XSGO:ZOFRI
87 GF Score
Price CLP1,004.80
GF Value CLP951.89
Valuation Fairly Valued
! 6 Warning Signs
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What is Zona Franca de Iquique Cyclically Adjusted PB Ratio?

Zona Franca de Iquique XSGO:ZOFRI 87 Cyclically Adjusted PB Ratio is 3.34 as of Aug. 06, 2026, which is 35% above its 10-year median of 2.48. GuruFocus rates XSGO:ZOFRI with a GF Score™ of 87/100 and a GF Value™ of CLP951.89 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,413 Real Estate companies, Zona Franca de Iquique ranks worse than 91.72% on this metric.

As of today (2026-08-06), Zona Franca de Iquique's current share price is CLP1004.80. Zona Franca de Iquique's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CLP300.41. Zona Franca de Iquique's Cyclically Adjusted PB Ratio for today is 3.34.

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

XSGO:ZOFRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.48   Max: 3.83
Current: 3.34

During the past years, Zona Franca de Iquique's highest Cyclically Adjusted PB Ratio was 3.83. The lowest was 1.33. And the median was 2.48.

XSGO:ZOFRI's Cyclically Adjusted PB Ratio is ranked worse than
91.72% of 1413 companies
in the Real Estate industry
Industry Median: 0.69 vs XSGO:ZOFRI: 3.34

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.

Zona Franca de Iquique's adjusted book value per share data for the three months ended in Mar. 2026 was CLP289.779. 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 CLP300.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zona Franca de Iquique  (XSGO:ZOFRI) 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.


Zona Franca de Iquique Cyclically Adjusted PB Ratio Related Terms


Zona Franca de Iquique Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zona Franca de Iquique'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.

Zona Franca de Iquique Cyclically Adjusted PB Ratio Chart

Zona Franca de Iquique 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 1.73 1.61 2.31 2.82 3.61

Zona Franca de Iquique 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 3.15 3.61 3.54 3.61 3.40

XSGO:ZOFRI vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Zona Franca de Iquique'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.


Zona Franca de Iquique Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Zona Franca de Iquique's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zona Franca de Iquique's Cyclically Adjusted PB Ratio falls into.


XSGO:ZOFRI
87GF Score
Zona Franca de Iquique SA XSGO:ZOFRI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zona Franca de Iquique 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.

Zona Franca de Iquique's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1004.80/300.41
=3.34

* 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.

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

For example, Zona Franca de Iquique'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)
=289.779/160.1900*160.1900
=289.779

Current CPI (Mar. 2026) = 160.1900.

Zona Franca de Iquique Quarterly Data

Book Value per Share CPI Adj_Book
201606 173.305 103.965 267.029
201609 187.889 104.521 287.962
201612 183.476 104.532 281.169
201703 198.582 105.752 300.806
201706 188.488 105.730 285.575
201709 201.788 106.035 304.846
201712 197.634 106.907 296.136
201803 214.489 107.670 319.115
201806 203.262 108.421 300.315
201809 219.456 109.369 321.431
201812 220.362 109.653 321.924
201903 236.004 110.339 342.631
201906 216.821 111.352 311.916
201909 233.467 111.821 334.456
201912 223.086 112.943 316.409
202003 235.841 114.468 330.042
202006 189.939 114.283 266.236
202009 189.671 115.275 263.574
202012 215.833 116.299 297.288
202103 222.817 117.770 303.075
202106 229.387 118.630 309.748
202109 254.478 121.431 335.705
202112 252.309 124.634 324.289
202203 273.673 128.850 340.237
202206 256.724 133.448 308.169
202209 278.170 138.101 322.663
202212 230.874 140.574 263.091
202303 252.705 143.145 282.795
202306 263.092 143.538 293.614
202309 283.696 145.172 313.044
202312 247.572 146.109 271.432
202403 266.391 148.551 287.264
202406 261.395 149.592 279.914
202409 290.308 151.212 307.544
202412 248.755 152.774 260.830
202503 275.438 155.783 283.230
202506 291.355 155.754 299.653
202509 315.358 157.870 319.992
202512 267.651 158.040 271.292
202603 289.779 160.190 289.779

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 3.34 mean?
Zona Franca de Iquique (XSGO:ZOFRI) has a Cyclically Adjusted PB Ratio of 3.34 as of Aug. 06, 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 Zona Franca de Iquique and its competitors. This is 35% above median its historical median of 2.48. Over the past decade, Zona Franca de Iquique's Cyclically Adjusted PB Ratio has ranged from 1.33 to 3.83. According to the industry distribution chart, Zona Franca de Iquique ranks #1296 out of 1413 companies in the Real Estate industry, placing it in the top 91.7%.
Is Zona Franca de Iquique's Cyclically Adjusted PB Ratio too high?
Zona Franca de Iquique's current Cyclically Adjusted PB Ratio of 3.34 is 35% above median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 3.83. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.69. Zona Franca de Iquique's value of 3.34 is 384.1% above this industry median. Based on the distribution chart, Zona Franca de Iquique ranks #1296 out of 1413 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Zona Franca de Iquique has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zona Franca de Iquique's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Zona Franca de Iquique ranks #1296 out of 1413 companies for Cyclically Adjusted PB Ratio. This places Zona Franca de Iquique in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.69. Zona Franca de Iquique's value of 3.34 is 384.1% above this benchmark. Historically, Zona Franca de Iquique's own Cyclically Adjusted PB Ratio has ranged from 1.33 to 3.83 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 0.69, Zona Franca de Iquique 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.69, based on 1,413 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. Zona Franca de Iquique's current Cyclically Adjusted PB Ratio of 3.34 is 384.1% 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 Zona Franca de Iquique and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zona Franca de Iquique's current Cyclically Adjusted PB Ratio is 3.34, which is 35% above median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zona Franca de Iquique stock overvalued right now?
Based on GuruFocus' analysis, Zona Franca de Iquique (XSGO:ZOFRI) is currently considered Fairly Valued. The stock's GF Value™ is CLP951.89, compared to a current price of CLP1,004.80 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.34, which is 35% above median its 10-year median of 2.48 and 384.1% above the Real Estate industry median of 0.69. Zona Franca de Iquique's overall GF Score™ is 87/100 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 Zona Franca de Iquique (XSGO:ZOFRI), the current Cyclically Adjusted PB Ratio is 3.34 as of Aug. 06, 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 Zona Franca de Iquique (XSGO:ZOFRI) Overvalued in 2026?

Based on GuruFocus' analysis, Zona Franca de Iquique stock appears to be overvalued. The current stock price of CLP1,004.80 is trading 5.6% above its estimated GF Value™ of CLP951.89. GuruFocus considers Zona Franca de Iquique to be Fairly Valued.

Key valuation signals for XSGO:ZOFRI:

  • Cyclically Adjusted PB Ratio: 3.34 (35% above median its 10-year median of 2.48)
  • GF Value™: CLP951.89 vs. price of CLP1,004.80 (5.6% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 384.1% above the Real Estate median (#1296 of 1413)

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


Zona Franca de Iquique Business Description

Address Zofri Walled Enclosure, Conventions Building S/N, Iquique, CHL
Zona Franca de Iquique SA operates in the nonresidential building operators sector. Its business includes the administration and exploitation of the Free Trade Zone of Iquique. The company offers the required infrastructure for companies to store, commercialize, and distribute their products in the markets. Its activities are divided into four business units which include Real Estate Management, Shopping Mall, Logistics Center, and Chacalluta Industrial Park. Maximum income for the company is derived from its Real Estate Management business unit which focuses on leasing land for the construction of warehouses and showrooms, both in the area of the Wholesale Sales Business Center (Walled Enclosure) and in the Industrial Business Center (Industrial District).
87GF Score

Get the complete analysis for XSGO:ZOFRI

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

CLP1,004.80
Price
CLP951.89
GF Value