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Ultrapar Participacoes (BSP:UGPA3) Cyclically Adjusted PS Ratio : 0.27 (As of May. 24, 2024)


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What is Ultrapar Participacoes Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Ultrapar Participacoes's current share price is R$23.87. Ultrapar Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$88.42. Ultrapar Participacoes's Cyclically Adjusted PS Ratio for today is 0.27.

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

BSP:UGPA3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.28   Max: 0.47
Current: 0.28

During the past years, Ultrapar Participacoes's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.09. And the median was 0.28.

BSP:UGPA3's Cyclically Adjusted PS Ratio is ranked better than
74.37% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs BSP:UGPA3: 0.28

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.

Ultrapar Participacoes's adjusted revenue per share data for the three months ended in Mar. 2024 was R$27.344. 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$88.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrapar Participacoes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Cyclically Adjusted PS Ratio Chart

Ultrapar Participacoes 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 0.21 0.19 0.21 0.16 0.30

Ultrapar Participacoes 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 0.17 0.23 0.22 0.30 0.32

Competitive Comparison of Ultrapar Participacoes's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


Ultrapar Participacoes's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ultrapar Participacoes's Cyclically Adjusted PS Ratio falls into.



Ultrapar Participacoes 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.

Ultrapar Participacoes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.87/88.42
=0.27

* 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.

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

For example, Ultrapar Participacoes'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)
=27.344/159.3724*159.3724
=27.344

Current CPI (Mar. 2024) = 159.3724.

Ultrapar Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.901 91.838 11.976
201409 7.163 92.602 12.328
201412 16.204 94.194 27.417
201503 15.815 97.799 25.772
201506 7.664 100.006 12.214
201509 7.933 101.392 12.469
201512 18.863 104.247 28.838
201603 17.905 106.979 26.674
201606 7.990 108.851 11.698
201609 8.051 109.986 11.666
201612 16.927 110.802 24.347
201703 16.992 111.869 24.207
201706 7.865 112.115 11.180
201709 8.422 112.777 11.902
201712 19.550 114.068 27.315
201803 9.506 114.868 13.189
201806 9.380 117.038 12.773
201809 10.110 117.881 13.668
201812 21.407 118.340 28.829
201903 19.449 120.124 25.804
201906 9.203 120.977 12.124
201909 9.844 121.292 12.935
201912 15.792 123.436 20.390
202003 19.564 124.092 25.126
202006 6.722 123.557 8.670
202009 8.790 125.095 11.199
202012 14.626 129.012 18.068
202103 20.139 131.660 24.378
202106 24.085 133.871 28.673
202109 26.853 137.913 31.031
202112 29.071 141.992 32.629
202203 28.719 146.537 31.234
202206 33.623 149.784 35.775
202209 35.809 147.800 38.613
202212 32.606 150.207 34.596
202303 27.657 153.352 28.743
202306 26.802 154.519 27.644
202309 29.417 155.464 30.157
202312 30.197 157.148 30.624
202403 27.344 159.372 27.344

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.


Ultrapar Participacoes  (BSP:UGPA3) 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.


Ultrapar Participacoes Cyclically Adjusted PS Ratio Related Terms

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


Ultrapar Participacoes (BSP:UGPA3) Business Description

Traded in Other Exchanges
Address
Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.

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