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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Cyclically Adjusted PS Ratio : 0.75 (As of May. 24, 2024)


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What is Companhia de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Companhia de Eletricidade do Estado da Bahia � Coelba's current share price is R$39.32. Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$52.22. Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio for today is 0.75.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:CEEB3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.79   Max: 1.13
Current: 0.76

During the past years, Companhia de Eletricidade do Estado da Bahia � Coelba's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.64. And the median was 0.79.

BSP:CEEB3's Cyclically Adjusted PS Ratio is ranked better than
67.11% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs BSP:CEEB3: 0.76

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.

Companhia de Eletricidade do Estado da Bahia � Coelba's adjusted revenue per share data for the three months ended in Mar. 2024 was R$13.800. 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$52.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Companhia de Eletricidade do Estado da Bahia � Coelba'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.

Companhia de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted PS Ratio Chart

Companhia de Eletricidade do Estado da Bahia � Coelba Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.98 0.71 0.81 0.80

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 0.77 0.82 0.78 0.80 0.75

Competitive Comparison of Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia � Coelba'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.


Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio falls into.



Companhia de Eletricidade do Estado da Bahia � Coelba 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.

Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.32/52.22
=0.75

* 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.

Companhia de Eletricidade do Estado da Bahia � Coelba's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Companhia de Eletricidade do Estado da Bahia � Coelba'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)
=13.8/159.3724*159.3724
=13.800

Current CPI (Mar. 2024) = 159.3724.

Companhia de Eletricidade do Estado da Bahia � Coelba Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.177 90.447 10.884
201406 5.709 91.838 9.907
201409 6.314 92.602 10.867
201412 10.132 94.194 17.143
201503 6.676 97.799 10.879
201506 10.134 100.006 16.150
201509 7.582 101.392 11.918
201512 9.626 104.247 14.716
201603 8.124 106.979 12.103
201606 8.839 108.851 12.942
201609 9.358 109.986 13.560
201612 10.289 110.802 14.799
201703 9.734 111.869 13.867
201706 10.065 112.115 14.308
201709 11.428 112.777 16.150
201712 12.211 114.068 17.061
201803 9.297 114.868 12.899
201806 9.725 117.038 13.243
201809 10.039 117.881 13.572
201812 10.398 118.340 14.003
201903 9.736 120.124 12.917
201906 9.424 120.977 12.415
201909 10.103 121.292 13.275
201912 9.724 123.436 12.555
202003 8.718 124.092 11.197
202006 7.402 123.557 9.548
202009 10.733 125.095 13.674
202103 10.874 131.660 13.163
202106 11.587 133.871 13.794
202109 15.365 137.913 17.756
202112 9.493 141.992 10.655
202203 12.732 146.537 13.847
202206 11.561 149.784 12.301
202209 12.682 147.800 13.675
202212 6.158 150.207 6.534
202303 14.102 153.352 14.656
202306 12.129 154.519 12.510
202309 13.762 155.464 14.108
202312 8.695 157.148 8.818
202403 13.800 159.372 13.800

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.


Companhia de Eletricidade do Estado da Bahia � Coelba  (BSP:CEEB3) 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.


Companhia de Eletricidade do Estado da Bahia � Coelba Cyclically Adjusted PS Ratio Related Terms

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Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Business Description

Traded in Other Exchanges
Address
Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.

Companhia de Eletricidade do Estado da Bahia � Coelba (BSP:CEEB3) Headlines

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