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Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Shiller PE Ratio : 9.56 (As of May. 12, 2024)


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What is Compania deneamento de Minas Gerais - COPASA MG Shiller PE Ratio?

As of today (2024-05-12), Compania deneamento de Minas Gerais - COPASA MG's current share price is R$19.60. Compania deneamento de Minas Gerais - COPASA MG's E10 for the quarter that ended in Mar. 2024 was R$2.05. Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio for today is 9.56.

The historical rank and industry rank for Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio or its related term are showing as below:

BSP:CSMG3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.19   Med: 9.47   Max: 14.59
Current: 9.57

During the past years, Compania deneamento de Minas Gerais - COPASA MG's highest Shiller PE Ratio was 14.59. The lowest was 5.19. And the median was 9.47.

BSP:CSMG3's Shiller PE Ratio is ranked better than
75.7% of 391 companies
in the Utilities - Regulated industry
Industry Median: 16.1 vs BSP:CSMG3: 9.57

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Compania deneamento de Minas Gerais - COPASA MG's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$2.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compania deneamento de Minas Gerais - COPASA MG Shiller PE Ratio Historical Data

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG's Shiller PE 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.

Compania deneamento de Minas Gerais - COPASA MG Shiller PE Ratio Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.66 10.09 7.47 8.82 10.19

Compania deneamento de Minas Gerais - COPASA MG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 8.51 11.18 8.85 10.19 10.63

Competitive Comparison of Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio

For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio falls into.



Compania deneamento de Minas Gerais - COPASA MG Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Compania deneamento de Minas Gerais - COPASA MG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=19.60/2.05
=9.56

* 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.

Compania deneamento de Minas Gerais - COPASA MG's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Compania deneamento de Minas Gerais - COPASA MG's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.93/156.2729*156.2729
=0.930

Current CPI (Mar. 2024) = 156.2729.

Compania deneamento de Minas Gerais - COPASA MG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.226 91.838 0.385
201409 0.269 92.602 0.454
201412 0.059 94.194 0.098
201503 0.046 97.799 0.074
201506 0.010 100.006 0.016
201509 0.023 101.392 0.035
201512 -0.111 104.247 -0.166
201603 0.246 106.979 0.359
201606 0.287 108.851 0.412
201609 0.307 109.986 0.436
201612 0.343 110.802 0.484
201703 0.393 111.869 0.549
201706 0.290 112.115 0.404
201709 0.393 112.777 0.545
201712 0.397 114.068 0.544
201803 0.433 114.868 0.589
201806 0.290 117.038 0.387
201809 0.333 117.881 0.441
201812 0.473 118.340 0.625
201903 0.493 120.124 0.641
201906 0.313 120.977 0.404
201909 0.510 121.292 0.657
201912 0.673 123.436 0.852
202003 0.420 124.092 0.529
202006 0.390 123.557 0.493
202009 0.630 125.095 0.787
202012 0.710 129.012 0.860
202103 0.580 131.660 0.688
202106 0.630 133.871 0.735
202109 0.040 137.913 0.045
202112 0.170 141.992 0.187
202203 0.440 146.537 0.469
202206 0.480 149.784 0.501
202209 0.600 147.800 0.634
202212 0.700 150.207 0.728
202303 0.890 153.352 0.907
202306 0.660 154.519 0.667
202309 1.150 155.464 1.156
202312 0.937 156.273 0.937
202403 0.930 156.273 0.930

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Compania deneamento de Minas Gerais - COPASA MG  (BSP:CSMG3) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Compania deneamento de Minas Gerais - COPASA MG Shiller PE Ratio Related Terms

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Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Serviços de Irrigaçao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Serviços de Irrigaçao S.A. manages, performs, and sells irrigation system services. COPASA Águas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where a significant amount of revenue is generated.

Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Headlines

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