Zona Franca de Iquique (XSGO:ZOFRI) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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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.

XSGO:ZOFRI Zona Franca de Iquique SA XSGO:ZOFRI
80 GF Score
Price CLP996.20
GF Value CLP986.19
Valuation Fairly Valued
! 7 Warning Signs
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What is Zona Franca de Iquique Cyclically Adjusted PB Ratio?

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 1.72 1.63 2.34 2.89 3.73

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 Jun26
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 3.16 3.61 3.54 3.61 3.26

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
80GF 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Zona Franca de Iquique's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=302.95/162.5100*162.5100
=302.950

Current CPI (Jun. 2026) = 162.5100.

Zona Franca de Iquique Quarterly Data

Book Value per Share CPI Adj_Book
201606 173.304 103.965 270.895
201609 187.889 104.521 292.132
201612 183.475 104.532 285.239
201703 198.582 105.752 305.163
201706 188.488 105.730 289.711
201709 201.788 106.035 309.261
201712 197.634 106.907 300.425
201803 214.488 107.670 323.736
201806 203.262 108.421 304.664
201809 219.456 109.369 326.086
201812 220.361 109.653 326.585
201903 236.004 110.339 347.593
201906 216.821 111.352 316.434
201909 233.467 111.821 339.300
201912 223.086 112.943 320.991
202003 235.840 114.468 334.821
202006 189.939 114.283 270.092
202009 189.671 115.275 267.391
202012 215.833 116.299 301.594
202103 222.816 117.770 307.463
202106 229.387 118.630 314.234
202109 254.478 121.431 340.567
202112 252.309 124.634 328.985
202203 273.672 128.850 345.163
202206 256.724 133.448 312.632
202209 278.169 138.101 327.335
202212 230.873 140.574 266.900
202303 252.705 143.145 286.891
202306 263.092 143.538 297.867
202309 283.695 145.172 317.577
202312 247.572 146.109 275.363
202403 266.390 148.551 291.423
202406 261.394 149.592 283.966
202409 290.308 151.212 311.999
202412 248.754 152.774 264.606
202503 275.437 155.783 287.331
202506 291.354 155.754 303.992
202509 315.358 157.870 324.627
202512 267.650 158.040 275.220
202606 302.950 162.510 302.950

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.

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 CLP996.20 is trading 1% above its estimated GF Value™ of CLP986.19. GuruFocus considers Zona Franca de Iquique to be Fairly Valued.

Key valuation signals for XSGO:ZOFRI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: CLP986.19 vs. price of CLP996.20 (1% above fair value)
  • GF Score™: 80/100 with 7 warning signs

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).
80GF 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.

CLP996.20
Price
CLP986.19
GF Value