Helbor Empreendimentos (BSP:HBOR3) Shiller PE 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.

BSP:HBOR3 Helbor Empreendimentos SA BSP:HBOR3
66 GF Score
Price R$2.31
GF Value R$2.85
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Helbor Empreendimentos Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Helbor Empreendimentos  (BSP:HBOR3) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Helbor Empreendimentos Shiller PE Ratio Related Terms


Helbor Empreendimentos Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Helbor Empreendimentos's Shiller PE 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.

Helbor Empreendimentos Shiller PE Ratio Chart

Helbor Empreendimentos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 4.14 - - -

Helbor Empreendimentos Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 - - - - -

BSP:HBOR3 vs CBRE, BEKE, JLL: Shiller PE Ratio Comparison

For the Real Estate Services subindustry, Helbor Empreendimentos's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Helbor Empreendimentos Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Helbor Empreendimentos's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Helbor Empreendimentos's Shiller PE Ratio falls into.


BSP:HBOR3
66GF Score
Helbor Empreendimentos SA BSP:HBOR3
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helbor Empreendimentos Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Helbor Empreendimentos's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Helbor Empreendimentos's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.0044/177.5443*177.5443
=0.004

Current CPI (Jun. 2026) = 177.5443.

Helbor Empreendimentos Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.554 109.986 -0.895
201612 -1.487 110.802 -2.382
201703 -0.731 111.869 -1.160
201706 -1.188 112.115 -1.881
201709 -1.120 112.777 -1.763
201712 -1.270 114.068 -1.977
201803 -0.196 114.868 -0.303
201806 -0.803 117.038 -1.219
201809 -1.065 117.881 -1.603
201812 -0.504 118.340 -0.756
201903 -0.434 120.124 -0.642
201906 -0.188 120.977 -0.276
201909 -0.232 121.292 -0.340
201912 -0.203 123.436 -0.292
202003 0.041 124.092 0.058
202006 -0.153 123.557 -0.220
202009 0.114 125.095 0.162
202012 0.198 129.012 0.272
202103 0.206 131.660 0.278
202106 0.230 133.871 0.305
202109 0.166 137.913 0.214
202112 0.159 141.992 0.199
202203 0.082 146.537 0.099
202206 0.089 149.784 0.105
202209 0.076 147.800 0.092
202212 0.138 150.207 0.163
202303 0.050 153.352 0.057
202306 0.053 154.519 0.061
202309 0.064 155.464 0.073
202312 0.216 157.148 0.244
202403 0.053 159.372 0.059
202406 0.064 161.052 0.071
202409 0.069 162.342 0.076
202412 0.240 164.740 0.259
202503 0.057 168.102 0.060
202506 0.012 169.670 0.013
202509 0.004 170.739 0.004
202512 0.012 171.765 0.012
202603 0.015 175.066 0.015
202606 0.004 177.544 0.004

Add all the adjusted EPS together and divide 10 will get our E10.

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 Helbor Empreendimentos (BSP:HBOR3) Overvalued in 2026?

Based on GuruFocus' analysis, Helbor Empreendimentos stock appears to be undervalued. The current stock price of R$2.31 is trading 18.9% below its estimated GF Value™ of R$2.85. GuruFocus considers Helbor Empreendimentos to be Modestly Undervalued.

Key valuation signals for BSP:HBOR3:

  • Shiller PE Ratio:
  • GF Value™: R$2.85 vs. price of R$2.31 (18.9% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the BSP:HBOR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Helbor Empreendimentos Business Description

Address Av. Vereador Narciso Yague Guimaraes, 1.145, 15th Floor, Mogi Das Cruzes, SP, BRA, 8710500
Helbor Empreendimentos SA is a Brazilian real estate developer focused primarily on residential projects for middle- and upper-income buyers. The company develops, builds, and sells apartments and condominium units, often through partnerships and joint ventures with other developers, and also operates in commercial real estate, including corporate buildings, shopping centers, and other income-producing properties. Its operations are concentrated in the state of Sao Paulo, particularly in the metropolitan region of Sao Paulo and the Baixada Santista area, as well as in other Brazilian states. Revenue is generated mainly from the sale of developed units, recognized as projects are completed, supplemented by fees from real estate development management services and rental or management income from commercial properties. Helbor also provides venture management services and manages a portfolio that spans residential, commercial, and industrial segments.
66GF Score

Get the complete analysis for BSP:HBOR3

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

R$2.31
Price
R$2.85
GF Value