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B3 - Brasil Bolsa Balcao (BSP:B3SA3) Cyclically Adjusted PS Ratio : 9.03 (As of Jun. 09, 2024)


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What is B3 - Brasil Bolsa Balcao Cyclically Adjusted PS Ratio?

As of today (2024-06-09), B3 - Brasil Bolsa Balcao's current share price is R$10.75. B3 - Brasil Bolsa Balcao's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$1.19. B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio for today is 9.03.

The historical rank and industry rank for B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:B3SA3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.99   Med: 17.25   Max: 34.04
Current: 9

During the past years, B3 - Brasil Bolsa Balcao's highest Cyclically Adjusted PS Ratio was 34.04. The lowest was 8.99. And the median was 17.25.

BSP:B3SA3's Cyclically Adjusted PS Ratio is ranked worse than
78.89% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs BSP:B3SA3: 9.00

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

B3 - Brasil Bolsa Balcao's adjusted revenue per share data for the three months ended in Mar. 2024 was R$0.394. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$1.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B3 - Brasil Bolsa Balcao Cyclically Adjusted PS Ratio Historical Data

The historical data trend for B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS 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.

* Premium members only.

B3 - Brasil Bolsa Balcao Cyclically Adjusted PS Ratio Chart

B3 - Brasil Bolsa Balcao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.66 29.00 12.72 12.99 12.61

B3 - Brasil Bolsa Balcao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 9.76 13.42 11.00 12.61 10.04

Competitive Comparison of B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio falls into.



B3 - Brasil Bolsa Balcao Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.75/1.19
=9.03

* 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.

B3 - Brasil Bolsa Balcao's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, B3 - Brasil Bolsa Balcao's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.394/159.3724*159.3724
=0.394

Current CPI (Mar. 2024) = 159.3724.

B3 - Brasil Bolsa Balcao Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.084 91.838 0.146
201409 0.099 92.602 0.170
201412 0.097 94.194 0.164
201503 0.096 97.799 0.156
201506 0.102 100.006 0.163
201509 0.111 101.392 0.174
201512 0.100 104.247 0.153
201603 0.104 106.979 0.155
201606 0.106 108.851 0.155
201609 0.104 109.986 0.151
201612 0.116 110.802 0.167
201703 0.102 111.869 0.145
201706 0.158 112.115 0.225
201709 0.173 112.777 0.244
201712 0.173 114.068 0.242
201803 0.180 114.868 0.250
201806 0.203 117.038 0.276
201809 0.188 117.881 0.254
201812 0.213 118.340 0.287
201903 0.223 120.124 0.296
201906 0.230 120.977 0.303
201909 0.248 121.292 0.326
201912 0.257 123.436 0.332
202003 0.309 124.092 0.397
202006 0.309 123.557 0.399
202009 0.341 125.095 0.434
202012 0.358 129.012 0.442
202103 0.383 131.660 0.464
202106 0.374 133.871 0.445
202109 0.368 137.913 0.425
202112 0.357 141.992 0.401
202203 0.378 146.537 0.411
202206 0.371 149.784 0.395
202209 0.371 147.800 0.400
202212 0.390 150.207 0.414
202303 0.382 153.352 0.397
202306 0.386 154.519 0.398
202309 0.387 155.464 0.397
202312 0.393 157.148 0.399
202403 0.394 159.372 0.394

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


B3 - Brasil Bolsa Balcao  (BSP:B3SA3) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


B3 - Brasil Bolsa Balcao Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of B3 - Brasil Bolsa Balcao's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


B3 - Brasil Bolsa Balcao (BSP:B3SA3) Business Description

Traded in Other Exchanges
Address
Antonio Prado Square, 48 - Center, Rua XV de Novembro, 275, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. It relies on technology to deliver its services.

B3 - Brasil Bolsa Balcao (BSP:B3SA3) Headlines

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