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Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Cyclically Adjusted PS Ratio : 2.33 (As of May. 28, 2024)


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What is Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Companhia Deneamento Basico Do Estado Deo Paulo's current share price is R$75.07. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$32.21. Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio for today is 2.33.

The historical rank and industry rank for Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:SBSP3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.6   Max: 2.77
Current: 2.35

During the past years, Companhia Deneamento Basico Do Estado Deo Paulo's highest Cyclically Adjusted PS Ratio was 2.77. The lowest was 0.83. And the median was 1.60.

BSP:SBSP3's Cyclically Adjusted PS Ratio is ranked worse than
73.03% of 445 companies
in the Utilities - Regulated industry
Industry Median: 1.28 vs BSP:SBSP3: 2.35

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.

Companhia Deneamento Basico Do Estado Deo Paulo's adjusted revenue per share data for the three months ended in Mar. 2024 was R$9.562. 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$32.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Companhia Deneamento Basico Do Estado Deo Paulo'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.

Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PS Ratio Chart

Companhia Deneamento Basico Do Estado Deo Paulo 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 2.55 1.79 1.46 1.93 -

Companhia Deneamento Basico Do Estado Deo Paulo 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 1.67 1.84 1.96 - 2.63

Competitive Comparison of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.


Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio falls into.



Companhia Deneamento Basico Do Estado Deo Paulo 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.07/32.21
=2.33

* 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.

Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Companhia Deneamento Basico Do Estado Deo Paulo'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)
=9.562/159.3724*159.3724
=9.562

Current CPI (Mar. 2024) = 159.3724.

Companhia Deneamento Basico Do Estado Deo Paulo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.029 91.838 6.992
201409 4.131 92.602 7.110
201412 4.160 94.194 7.039
201503 3.612 97.799 5.886
201506 4.130 100.006 6.582
201509 4.677 101.392 7.352
201512 0.000 104.247 0.000
201603 4.430 106.979 6.600
201606 5.031 108.851 7.366
201609 5.480 109.986 7.941
201612 5.685 110.802 8.177
201703 5.207 111.869 7.418
201706 5.113 112.115 7.268
201709 5.174 112.777 7.312
201712 5.879 114.068 8.214
201803 5.413 114.868 7.510
201806 5.373 117.038 7.317
201809 5.575 117.881 7.537
201812 7.172 118.340 9.659
201903 5.674 120.124 7.528
201906 5.849 120.977 7.705
201909 7.916 121.292 10.401
201912 6.871 123.436 8.871
202003 5.914 124.092 7.595
202006 6.485 123.557 8.365
202009 6.494 125.095 8.273
202012 7.146 129.012 8.828
202103 6.872 131.660 8.318
202106 6.718 133.871 7.998
202109 7.540 137.913 8.713
202112 7.409 141.992 8.316
202203 7.126 146.537 7.750
202206 7.703 149.784 8.196
202209 8.751 147.800 9.436
202212 8.679 150.207 9.209
202303 8.337 153.352 8.664
202306 9.004 154.519 9.287
202309 9.455 155.464 9.693
202312 0.000 157.148 0.000
202403 9.562 159.372 9.562

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.


Companhia Deneamento Basico Do Estado Deo Paulo  (BSP:SBSP3) 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.


Companhia Deneamento Basico Do Estado Deo Paulo Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Companhia Deneamento Basico Do Estado Deo Paulo's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Business Description

Traded in Other Exchanges
Address
Rua Costa Carvalho, 300, Sao Paulo, SP, BRA, 05429-900
Companhia De Saneamento Basico Do Estado De Sao Paulo is Brazilian water and waste management company. SABESP is one of the largest waste management companies in the world, and the state of Sao Paulo is the company's majority stakeholder. The company generates revenue through exclusive long-term agreements with municipal governments. It is not uncommon for SABESP to serve the vast majority of the market. The company operates in a single segment, which is Sanitation services.

Companhia Deneamento Basico Do Estado Deo Paulo (BSP:SBSP3) Headlines

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