Caixa Seguridade Participacoes (BSP:CXSE3) ROE % Adjusted to Book Value: 8.42% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:CXSE3 Caixa Seguridade Participacoes SA BSP:CXSE3
87 GF Score
Price R$21.77
GF Value R$16.93
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Caixa Seguridade Participacoes ROE % Adjusted to Book Value?

Caixa Seguridade Participacoes BSP:CXSE3 -1.27% 87 ROE % Adjusted to Book Value is 8.42% as of Mar. 2026. GuruFocus rates BSP:CXSE3 with a GF Score™ of 87/100 and a GF Value™ of R$16.93 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Caixa Seguridade Participacoes's ROE % for the quarter that ended in Mar. 2026 was 33.68%. Caixa Seguridade Participacoes's PB Ratio for the quarter that ended in Mar. 2026 was 4.00. Caixa Seguridade Participacoes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.42%.


Caixa Seguridade Participacoes ROE % Adjusted to Book Value Related Terms


Caixa Seguridade Participacoes ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Caixa Seguridade Participacoes's ROE % Adjusted to Book Value 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.

Caixa Seguridade Participacoes ROE % Adjusted to Book Value Chart

Caixa Seguridade Participacoes Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only 8.18 12.96 9.34 8.90 8.82

Caixa Seguridade Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 9.78 9.08 10.12 8.61 8.42

BSP:CXSE3 vs BRK.A, AIG, HIG: ROE % Adjusted to Book Value Comparison

For the Insurance - Diversified subindustry, Caixa Seguridade Participacoes's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Caixa Seguridade Participacoes ROE % Adjusted to Book Value vs Insurance Industry

For the Insurance industry and Financial Services sector, Caixa Seguridade Participacoes's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Caixa Seguridade Participacoes's ROE % Adjusted to Book Value falls into.


BSP:CXSE3
87GF Score
Caixa Seguridade Participacoes SA BSP:CXSE3
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caixa Seguridade Participacoes ROE % Adjusted to Book Value Calculation

Caixa Seguridade Participacoes's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=32.46% / 3.68
=8.82%

Caixa Seguridade Participacoes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=33.68% / 4.00
=8.42%

* 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.

What does a ROE % Adjusted to Book Value of 8.42% mean?
Caixa Seguridade Participacoes (BSP:CXSE3) has a ROE % Adjusted to Book Value of 8.42% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Caixa Seguridade Participacoes and its competitors.
Is Caixa Seguridade Participacoes' ROE % Adjusted to Book Value too high?
Caixa Seguridade Participacoes' current ROE % Adjusted to Book Value is 8.42%. Overall, Caixa Seguridade Participacoes has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caixa Seguridade Participacoes' ROE % Adjusted to Book Value compare to BRK.A and AIG?
Caixa Seguridade Participacoes' ROE % Adjusted to Book Value of 8.42% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Insurance company?
A good ROE % Adjusted to Book Value depends on the Insurance industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Caixa Seguridade Participacoes and its competitors. Caixa Seguridade Participacoes's current ROE % Adjusted to Book Value is 8.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caixa Seguridade Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Caixa Seguridade Participacoes (BSP:CXSE3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$16.93, compared to a current price of R$21.77 — trading 28.6% above its estimated fair value. The current ROE % Adjusted to Book Value is 8.42%. Caixa Seguridade Participacoes' overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Caixa Seguridade Participacoes (BSP:CXSE3), the current ROE % Adjusted to Book Value is 8.42% as of Mar. 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 Caixa Seguridade Participacoes (BSP:CXSE3) Overvalued in 2026?

Based on GuruFocus' analysis, Caixa Seguridade Participacoes stock appears to be overvalued. The current stock price of R$21.77 is trading 28.6% above its estimated GF Value™ of R$16.93. GuruFocus considers Caixa Seguridade Participacoes to be Modestly Overvalued.

Key valuation signals for BSP:CXSE3:

  • ROE % Adjusted to Book Value: 8.42%
  • GF Value™: R$16.93 vs. price of R$21.77 (28.6% above fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the BSP:CXSE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Caixa Seguridade Participacoes Business Description

Address Quadra 1, Bloco E, Conjunto A, Edificio CNP, 16th and 17th Floor, North Hotel Sector - SHN, Brasilia, DF, BRA
Caixa Seguridade Participacoes SA is engaged in the structuring and marketing of a broad range of insurance products, private pension plans, and premium bonds, management, marketing, and offering of private medical and dental care plans, and rendering of brokerage services for these products. It has three operating segments; Run-off / Open sea (insurance businesses), Security (investment in security businesses established as a result of the competitive process of choosing strategic partners to operate the CAIXA distribution network) and Distribution (businesses related to the management of access to the distribution network and use of the CAIXA brand and the brokerage and intermediation of security products). Maximum revenue is generated from the Security segment.
87GF Score

Get the complete analysis for BSP:CXSE3

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$21.77
Price
R$16.93
GF Value