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Centrais Eletricas Brasileiras (BSP:ELET3) Cyclically Adjusted PS Ratio : 1.25 (As of May. 23, 2024)


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What is Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Centrais Eletricas Brasileiras's current share price is R$36.24. Centrais Eletricas Brasileiras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$28.99. Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio for today is 1.25.

The historical rank and industry rank for Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:ELET3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.2   Max: 1.75
Current: 1.3

During the past years, Centrais Eletricas Brasileiras's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.39. And the median was 1.20.

BSP:ELET3's Cyclically Adjusted PS Ratio is ranked better than
59.7% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.87 vs BSP:ELET3: 1.30

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.

Centrais Eletricas Brasileiras's adjusted revenue per share data for the three months ended in Mar. 2024 was R$3.721. 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$28.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio Chart

Centrais Eletricas Brasileiras 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 1.27 1.28 1.13 1.44 1.46

Centrais Eletricas Brasileiras 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 1.13 1.35 1.27 1.46 1.44

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio falls into.



Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.24/28.99
=1.25

* 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Centrais Eletricas Brasileiras'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)
=3.721/159.3724*159.3724
=3.721

Current CPI (Mar. 2024) = 159.3724.

Centrais Eletricas Brasileiras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.045 91.838 8.755
201409 4.870 92.602 8.382
201412 7.094 94.194 12.003
201503 6.368 97.799 10.377
201506 6.080 100.006 9.689
201509 5.305 101.392 8.339
201512 5.508 104.247 8.421
201603 4.994 106.979 7.440
201606 24.270 108.851 35.535
201609 6.294 109.986 9.120
201612 1.674 110.802 2.408
201703 6.547 111.869 9.327
201706 6.720 112.115 9.553
201709 6.489 112.777 9.170
201712 1.918 114.068 2.680
201803 4.147 114.868 5.754
201806 4.370 117.038 5.951
201809 4.909 117.881 6.637
201812 5.600 118.340 7.542
201903 4.779 120.124 6.340
201906 4.878 120.977 6.426
201909 5.410 121.292 7.108
201912 6.399 123.436 8.262
202003 4.846 124.092 6.224
202006 3.402 123.557 4.388
202009 4.223 125.095 5.380
202012 3.719 129.012 4.594
202103 5.232 131.660 6.333
202106 4.270 133.871 5.083
202109 5.875 137.913 6.789
202112 6.694 141.992 7.513
202203 5.206 146.537 5.662
202206 4.029 149.784 4.287
202209 3.497 147.800 3.771
202212 3.915 150.207 4.154
202303 3.958 153.352 4.113
202306 4.102 154.519 4.231
202309 3.896 155.464 3.994
202312 4.418 157.148 4.481
202403 3.721 159.372 3.721

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.


Centrais Eletricas Brasileiras  (BSP:ELET3) 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.


Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Centrais Eletricas Brasileiras (BSP:ELET3) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (BSP:ELET3) Headlines

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