GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Cyclically Adjusted PS Ratio

Movida Participacoes (BSP:MOVI3) Cyclically Adjusted PS Ratio : 0.36 (As of Jun. 09, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Movida Participacoes Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Movida Participacoes's current share price is R$6.39. Movida Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$17.81. Movida Participacoes's Cyclically Adjusted PS Ratio for today is 0.36.

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

BSP:MOVI3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.46   Max: 0.64
Current: 0.36

During the past years, Movida Participacoes's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.36. And the median was 0.46.

BSP:MOVI3's Cyclically Adjusted PS Ratio is ranked better than
73.02% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs BSP:MOVI3: 0.36

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.

Movida Participacoes's adjusted revenue per share data for the three months ended in Dec. 2023 was R$7.176. 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$17.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Movida Participacoes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Movida 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.

Movida Participacoes Cyclically Adjusted PS Ratio Chart

Movida 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 - - - - 0.67

Movida 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 - - - 0.67 -

Competitive Comparison of Movida Participacoes's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Movida 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.


Movida Participacoes's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Movida 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.39/17.81
=0.36

* 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.

Movida Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Movida Participacoes'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)
=7.176/157.1481*157.1481
=7.176

Current CPI (Dec. 2023) = 157.1481.

Movida Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
0.000 0.000
201403 0.000 90.447 0.000
201406 0.000 91.838 0.000
201412 0.088 94.194 0.147
201503 0.335 97.799 0.538
201506 0.456 100.006 0.717
201509 0.533 101.392 0.826
201512 0.599 104.247 0.903
201603 0.643 106.979 0.945
201606 0.737 108.851 1.064
201609 0.672 109.986 0.960
201612 2.212 110.802 3.137
201703 3.993 111.869 5.609
201706 2.737 112.115 3.836
201709 3.131 112.777 4.363
201712 2.718 114.068 3.745
201803 2.800 114.868 3.831
201806 2.830 117.038 3.800
201809 2.306 117.881 3.074
201812 2.970 118.340 3.944
201903 3.095 120.124 4.049
201906 3.595 120.977 4.670
201909 3.227 121.292 4.181
201912 3.666 123.436 4.667
202003 4.275 124.092 5.414
202006 3.520 123.557 4.477
202009 3.479 125.095 4.370
202012 3.328 129.012 4.054
202103 2.686 131.660 3.206
202106 3.353 133.871 3.936
202109 4.360 137.913 4.968
202112 4.846 141.992 5.363
202203 5.262 146.537 5.643
202206 6.170 149.784 6.473
202209 7.013 147.800 7.457
202212 7.262 150.207 7.598
202303 7.488 153.352 7.673
202306 6.894 154.519 7.011
202309 7.414 155.464 7.494
202312 7.176 157.148 7.176

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.


Movida Participacoes  (BSP:MOVI3) 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.


Movida Participacoes Cyclically Adjusted PS Ratio Related Terms

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


Movida Participacoes (BSP:MOVI3) Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

No Headlines