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Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Cyclically Adjusted PS Ratio : 4.05 (As of May. 26, 2024)


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What is Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Empresa Metropolitana de Aguas & Energia's current share price is R$49.50. Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$12.21. Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio for today is 4.05.

The historical rank and industry rank for Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:EMAE4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.89   Med: 4.93   Max: 10.72
Current: 4.06

During the past years, Empresa Metropolitana de Aguas & Energia's highest Cyclically Adjusted PS Ratio was 10.72. The lowest was 2.89. And the median was 4.93.

BSP:EMAE4's Cyclically Adjusted PS Ratio is ranked worse than
87.47% of 447 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs BSP:EMAE4: 4.06

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.

Empresa Metropolitana de Aguas & Energia's adjusted revenue per share data for the three months ended in Dec. 2023 was R$4.153. 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$12.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Empresa Metropolitana de Aguas & Energia'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.

Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PS Ratio Chart

Empresa Metropolitana de Aguas & Energia 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 - 8.58 7.42 6.15 4.83

Empresa Metropolitana de Aguas & Energia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.15 3.55 5.49 5.65 4.83

Competitive Comparison of Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Empresa Metropolitana de Aguas & Energia'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.


Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio falls into.



Empresa Metropolitana de Aguas & Energia 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.

Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.50/12.21
=4.05

* 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.

Empresa Metropolitana de Aguas & Energia's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Empresa Metropolitana de Aguas & Energia's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.153/157.1481*157.1481
=4.153

Current CPI (Dec. 2023) = 157.1481.

Empresa Metropolitana de Aguas & Energia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.004 90.447 1.744
201406 0.957 91.838 1.638
201409 1.098 92.602 1.863
201412 1.089 94.194 1.817
201503 1.193 97.799 1.917
201506 1.185 100.006 1.862
201509 1.677 101.392 2.599
201512 1.317 104.247 1.985
201603 1.333 106.979 1.958
201606 1.270 108.851 1.834
201609 1.725 109.986 2.465
201612 1.307 110.802 1.854
201703 1.383 111.869 1.943
201706 1.266 112.115 1.775
201709 1.486 112.777 2.071
201712 1.580 114.068 2.177
201803 1.520 114.868 2.079
201806 1.305 117.038 1.752
201809 1.920 117.881 2.560
201812 3.886 118.340 5.160
201903 2.911 120.124 3.808
201906 2.914 120.977 3.785
201909 3.005 121.292 3.893
201912 3.147 123.436 4.006
202003 2.891 124.092 3.661
202006 2.815 123.557 3.580
202009 3.132 125.095 3.935
202012 3.264 129.012 3.976
202103 3.261 131.660 3.892
202106 3.297 133.871 3.870
202109 3.614 137.913 4.118
202112 4.200 141.992 4.648
202203 3.592 146.537 3.852
202206 3.076 149.784 3.227
202209 3.628 147.800 3.857
202212 4.147 150.207 4.339
202303 3.752 153.352 3.845
202306 3.755 154.519 3.819
202309 4.699 155.464 4.750
202312 4.153 157.148 4.153

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.


Empresa Metropolitana de Aguas & Energia  (BSP:EMAE4) 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.


Empresa Metropolitana de Aguas & Energia Cyclically Adjusted PS Ratio Related Terms

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Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Business Description

Traded in Other Exchanges
Address
Avenida Jornalista Roberto Marinho, No. 85, 16th Floor, Bairro de Cidade Monçoes, Sao Paulo, SP, BRA, 04447011
Empresa Metropolitana de Aguas & Energia SA is engaged in the ownership and operation of hydraulic and electric power generation system. It focuses on power generation, flood control, and water supply for residential, recreation and fishing activities.

Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Headlines

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