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Ultrapar Participacoes (BUE:UGP) Cyclically Adjusted PS Ratio : 0.30 (As of Jun. 08, 2024)


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What is Ultrapar Participacoes Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Ultrapar Participacoes's current share price is ARS5755.00. Ultrapar Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS19,053.60. Ultrapar Participacoes's Cyclically Adjusted PS Ratio for today is 0.30.

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

BUE:UGP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.27   Max: 0.47
Current: 0.25

During the past years, Ultrapar Participacoes's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.09. And the median was 0.27.

BUE:UGP's Cyclically Adjusted PS Ratio is ranked better than
76.09% of 757 companies
in the Oil & Gas industry
Industry Median: 0.89 vs BUE:UGP: 0.25

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 ARS4,626.093. 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 ARS19,053.60 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
=5755.00/19053.6
=0.30

* 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)
=4626.093/159.3724*159.3724
=4,626.093

Current CPI (Mar. 2024) = 159.3724.

Ultrapar Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 25.075 91.838 43.514
201409 25.793 92.602 44.391
201412 52.449 94.194 88.742
201503 44.402 97.799 72.357
201506 22.379 100.006 35.664
201509 19.109 101.392 30.036
201512 62.911 104.247 96.178
201603 70.710 106.979 105.341
201606 32.627 108.851 47.770
201609 36.914 109.986 53.489
201612 80.004 110.802 115.074
201703 83.764 111.869 119.333
201706 39.350 112.115 55.937
201709 47.113 112.777 66.578
201712 113.294 114.068 158.291
201803 58.412 114.868 81.043
201806 62.038 117.038 84.478
201809 90.546 117.881 122.416
201812 207.842 118.340 279.907
201903 197.946 120.124 262.622
201906 106.638 120.977 140.482
201909 133.635 121.292 175.590
201912 229.976 123.436 296.929
202003 248.524 124.092 319.183
202006 88.697 123.557 114.407
202009 120.848 125.095 153.962
202012 231.354 129.012 285.798
202103 321.927 131.660 389.686
202106 453.721 133.871 540.153
202109 497.384 137.913 574.778
202112 519.183 141.992 582.731
202203 619.651 146.537 673.926
202206 801.532 149.784 852.844
202209 948.911 147.800 1,023.211
202212 1,042.138 150.207 1,105.729
202303 1,048.983 153.352 1,090.162
202306 1,325.282 154.519 1,366.910
202309 2,084.428 155.464 2,136.838
202312 2,224.823 157.148 2,256.314
202403 4,626.093 159.372 4,626.093

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  (BUE:UGP) 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 (BUE:UGP) Business Description

Industry
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.