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CIA Melhoramentos deo PauloBSP:MSPA3 51 PB Ratio is 0.32 as of Jul. 19, 2026, which is 11% below its 10-year median of 0.36. GuruFocus rates BSP:MSPA3 with a GF Score™ of 51/100 and a GF Value™ of R$45.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 272 Forest Products companies, CIA Melhoramentos deo Paulo ranks better than 84.56% on this metric.
The historical rank and industry rank for CIA Melhoramentos deo Paulo's PB Ratio or its related term are showing as below:
BSP:MSPA3'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.36 Max: 0.41
Current: 0.32
During the past 13 years, CIA Melhoramentos deo Paulo's highest PB Ratio was 0.41. The lowest was 0.23. And the median was 0.36.
BSP:MSPA3's PB Ratio is ranked better than 84.56% of 272
companies
in the Forest Products industry
Industry Median: 0.81
vs BSP:MSPA3: 0.32
During the past 12 months, CIA Melhoramentos deo Paulo's average Book Value Per Share Growth Rate was -4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CIA Melhoramentos deo Paulo was 56.20% per year. The lowest was -7.70% per year. And the median was 2.70% per year.
Back to Basics: PB Ratio
CIA Melhoramentos deo Paulo (BSP:MSPA3) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
CIA Melhoramentos deo Paulo PB Ratio Related Terms
CIA Melhoramentos deo Paulo PB Ratio Historical Data
* 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.
For the Lumber & Wood Production subindustry, CIA Melhoramentos deo Paulo's PB Ratio, along with its competitors' market caps and 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.
CIA Melhoramentos deo Paulo PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, CIA Melhoramentos deo Paulo's PB Ratio distribution charts can be found below:
* The bar in red indicates where CIA Melhoramentos deo Paulo's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
CIA Melhoramentos deo Paulo (BSP:MSPA3) has a PB Ratio of 0.32 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CIA Melhoramentos deo Paulo and its competitors. This is 11% below median its historical median of 0.36. Over the past decade, CIA Melhoramentos deo Paulo's PB Ratio has ranged from 0.23 to 0.41. According to the industry distribution chart, CIA Melhoramentos deo Paulo ranks #42 out of 272 companies in the Forest Products industry, placing it in the top 15.4%.
Is CIA Melhoramentos deo Paulo's PB Ratio too high?
CIA Melhoramentos deo Paulo's current PB Ratio of 0.32 is 11% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.41. The Forest Products industry median PB Ratio is 0.81. CIA Melhoramentos deo Paulo's value of 0.32 is 60.5% below this industry median. Based on the distribution chart, CIA Melhoramentos deo Paulo ranks #42 out of 272 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, CIA Melhoramentos deo Paulo has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Melhoramentos deo Paulo's PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, CIA Melhoramentos deo Paulo ranks #42 out of 272 companies for PB Ratio. This places CIA Melhoramentos deo Paulo in the top 15% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. CIA Melhoramentos deo Paulo's value of 0.32 is 60.5% below this benchmark. Historically, CIA Melhoramentos deo Paulo's own PB Ratio has ranged from 0.23 to 0.41 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.81, CIA Melhoramentos deo Paulo 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 PB Ratio for a Forest Products company?
The median PB Ratio among Forest Products companies is 0.81, based on 272 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CIA Melhoramentos deo Paulo's current PB Ratio of 0.32 is 60.5% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CIA Melhoramentos deo Paulo and its competitors. For the Forest Products industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA Melhoramentos deo Paulo's current PB Ratio is 0.32, which is 11% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Melhoramentos deo Paulo stock overvalued right now?
Based on GuruFocus' analysis, CIA Melhoramentos deo Paulo (BSP:MSPA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$45.75, compared to a current price of R$40.30 — trading 11.9% below its estimated fair value. The current PB Ratio is 0.32, which is 11% below median its 10-year median of 0.36 and 60.5% below the Forest Products industry median of 0.81. CIA Melhoramentos deo Paulo's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For CIA Melhoramentos deo Paulo (BSP:MSPA3), the current PB Ratio is 0.32 as of Jul. 19, 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 CIA Melhoramentos deo Paulo (BSP:MSPA3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Melhoramentos deo Paulo stock appears to be undervalued.
The current stock price of R$40.30 is trading 11.9% below its estimated GF Value™ of R$45.75.
GuruFocus considers CIA Melhoramentos deo Paulo to be Modestly Undervalued.
Key valuation signals for BSP:MSPA3:
PB Ratio: 0.32 (11% below median its 10-year median of 0.36)
GF Value™: R$45.75 vs. price of R$40.30 (11.9% below fair value)
Industry Position: 60.5% below the Forest Products median (#42 of 272)
No single metric tells the full story. See the BSP:MSPA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Melhoramentos de Sao Paulo primarily engages in publishing business in Brazil. It offers paperback and digital books primarily for children, teenagers, and schools; cooking books; and customized books for companies. The company also engages in developing and maintaining forests; conducting reforestation activities of pines and eucalyptus; and urban, industrial, or infrastructure projects of real estate development. In addition, it is involved in the production of fibers, such as thermo ground wood, Bleached Thermo Ground Wood and Neolux Fibers, used as raw material for the production of paperboard, tissue and special papers.
51GF Score
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