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Creditaqui Financeira Credito Financiamento e Investimento (BSP:MERC4) Cyclically Adjusted PS Ratio : 1.81 (As of Jun. 06, 2024)


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What is Creditaqui Financeira Credito Financiamento e Investimento Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Creditaqui Financeira Credito Financiamento e Investimento's current share price is R$8.10. Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$4.47. Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio for today is 1.81.

The historical rank and industry rank for Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:MERC4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 1.66   Max: 2.87
Current: 1.65

During the past years, Creditaqui Financeira Credito Financiamento e Investimento's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 1.42. And the median was 1.66.

BSP:MERC4's Cyclically Adjusted PS Ratio is ranked better than
70.46% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs BSP:MERC4: 1.65

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.

Creditaqui Financeira Credito Financiamento e Investimento's adjusted revenue per share data for the three months ended in Dec. 2023 was R$0.769. 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$4.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Creditaqui Financeira Credito Financiamento e Investimento Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Creditaqui Financeira Credito Financiamento e Investimento'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.

Creditaqui Financeira Credito Financiamento e Investimento Cyclically Adjusted PS Ratio Chart

Creditaqui Financeira Credito Financiamento e Investimento 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 - - 2.35 1.43 1.65

Creditaqui Financeira Credito Financiamento e Investimento 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 1.43 1.45 1.52 1.59 1.65

Competitive Comparison of Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Creditaqui Financeira Credito Financiamento e Investimento'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.


Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio falls into.



Creditaqui Financeira Credito Financiamento e Investimento 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.

Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.10/4.47
=1.81

* 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.

Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Creditaqui Financeira Credito Financiamento e Investimento'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)
=0.769/157.1481*157.1481
=0.769

Current CPI (Dec. 2023) = 157.1481.

Creditaqui Financeira Credito Financiamento e Investimento Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.177 90.447 5.520
201406 2.073 91.838 3.547
201409 2.002 92.602 3.397
201412 2.205 94.194 3.679
201503 3.716 97.799 5.971
201506 3.206 100.006 5.038
201509 2.248 101.392 3.484
201512 1.600 104.247 2.412
201603 1.743 106.979 2.560
201606 1.790 108.851 2.584
201609 1.957 109.986 2.796
201612 2.396 110.802 3.398
201703 2.730 111.869 3.835
201706 4.068 112.115 5.702
201709 4.687 112.777 6.531
201712 2.116 114.068 2.915
201803 2.129 114.868 2.913
201806 2.207 117.038 2.963
201809 1.406 117.881 1.874
201812 1.927 118.340 2.559
201903 2.157 120.124 2.822
201906 0.923 120.977 1.199
201909 1.047 121.292 1.357
201912 0.627 123.436 0.798
202003 0.750 124.092 0.950
202006 0.745 123.557 0.948
202009 0.808 125.095 1.015
202012 0.677 129.012 0.825
202103 0.640 131.660 0.764
202106 0.625 133.871 0.734
202109 0.637 137.913 0.726
202112 0.884 141.992 0.978
202203 0.621 146.537 0.666
202206 0.720 149.784 0.755
202209 0.707 147.800 0.752
202212 0.755 150.207 0.790
202303 0.604 153.352 0.619
202306 0.599 154.519 0.609
202309 0.574 155.464 0.580
202312 0.769 157.148 0.769

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.


Creditaqui Financeira Credito Financiamento e Investimento  (BSP:MERC4) 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.


Creditaqui Financeira Credito Financiamento e Investimento Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Creditaqui Financeira Credito Financiamento e Investimento's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Creditaqui Financeira Credito Financiamento e Investimento (BSP:MERC4) Business Description

Traded in Other Exchanges
N/A
Address
R Rio de Janeiro 654, - 6º Floor, Centro, Belo Horizonte, MG, BRA, 30160912
Creditaqui Financeira SA Credito Financiamento e Investimento formerly Mercantil do Brasil Financeira SA CFI provides financial solutions to individuals, corporate and SME's in the areas of checking accounts, savings, time deposits and funds, pension, insurance, overdraft facilities as well as leasing. In addition, it offers securities investments, insurance, credit cards, and loans.

Creditaqui Financeira Credito Financiamento e Investimento (BSP:MERC4) Headlines

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