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Embraer (STU:EMY) Cyclically Adjusted PS Ratio : 0.98 (As of May. 26, 2024)


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What is Embraer Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Embraer's current share price is €27.00. Embraer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.49. Embraer's Cyclically Adjusted PS Ratio for today is 0.98.

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

STU:EMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.72   Max: 1.4
Current: 1.03

During the past years, Embraer's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.22. And the median was 0.72.

STU:EMY's Cyclically Adjusted PS Ratio is ranked better than
64.49% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.55 vs STU:EMY: 1.03

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.

Embraer's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.495. 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 €27.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Embraer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Embraer'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.

Embraer Cyclically Adjusted PS Ratio Chart

Embraer 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 0.72 0.30 0.77 0.41 -

Embraer Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.35 0.41 0.59 - 0.91

Competitive Comparison of Embraer's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Embraer'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.


Embraer's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Embraer's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Embraer 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.

Embraer's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.00/27.49
=0.98

* 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.

Embraer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Embraer'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)
=4.495/159.3724*159.3724
=4.495

Current CPI (Mar. 2024) = 159.3724.

Embraer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 9.158 88.522 16.488
201403 4.880 90.447 8.599
201406 7.045 91.838 12.226
201409 5.222 92.602 8.987
201412 8.982 94.194 15.197
201503 5.303 97.799 8.642
201506 7.367 100.006 11.740
201509 6.253 101.392 9.829
201512 10.333 104.247 15.797
201603 6.411 106.979 9.551
201606 6.649 108.851 9.735
201609 7.392 109.986 10.711
201612 10.120 110.802 14.556
201703 5.295 111.869 7.543
201706 8.568 112.115 12.180
201709 5.934 112.777 8.386
201712 7.952 114.068 11.110
201803 1.854 114.868 2.572
201806 5.853 117.038 7.970
201809 5.416 117.881 7.322
201812 8.091 118.340 10.896
201903 3.962 120.124 5.257
201906 6.633 120.977 8.738
201909 5.803 121.292 7.625
201912 10.200 123.436 13.170
202003 3.117 124.092 4.003
202006 2.592 123.557 3.343
202009 3.500 125.095 4.459
202012 8.224 129.012 10.159
202103 3.691 131.660 4.468
202106 5.108 133.871 6.081
202109 4.433 137.913 5.123
202112 6.270 141.992 7.037
202203 2.754 146.537 2.995
202206 5.248 149.784 5.584
202209 5.109 147.800 5.509
202212 10.235 150.207 10.860
202303 3.646 153.352 3.789
202312 0.000 157.148 0.000
202403 4.495 159.372 4.495

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.


Embraer  (STU:EMY) 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.


Embraer Cyclically Adjusted PS Ratio Related Terms

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


Embraer (STU:EMY) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Pinheiros, SP, BRA, 05425-070
Embraer SA based in Sao Paulo, Brazil, Embraer manufactures regional aircraft, business jets, and defense and security products. The company also offers a range of services to support its installed base of hardware. Its defense and security business is currently focused on developing the KC-390 military transport aircraft. The company also produces aircraft systems and structural components. It operates through the following segments: Commercial Aviation; Defense and Security, Executive Aviation, Service and Support, and Other Segments. The company generates maximum revenue from Commercial Aviation segment.

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