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Ultrapar Participacoes (Ultrapar Participacoes) Cyclically Adjusted PS Ratio : 0.29 (As of Apr. 27, 2024)


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What is Ultrapar Participacoes Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Ultrapar Participacoes's current share price is $5.22. Ultrapar Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.70. Ultrapar Participacoes's Cyclically Adjusted PS Ratio for today is 0.29.

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

UGP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.28   Max: 0.47
Current: 0.3

During the past years, Ultrapar Participacoes's highest Cyclically Adjusted PS Ratio was 0.47. The lowest was 0.09. And the median was 0.28.

UGP's Cyclically Adjusted PS Ratio is ranked better than
72.68% of 754 companies
in the Oil & Gas industry
Industry Median: 0.895 vs UGP: 0.30

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.

Ultrapar Participacoes's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.163. 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 $17.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrapar Participacoes Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ultrapar 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.

Ultrapar Participacoes Cyclically Adjusted PS Ratio Chart

Ultrapar 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 0.21 0.19 0.21 0.16 0.31

Ultrapar Participacoes 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 0.16 0.17 0.23 0.22 0.31

Competitive Comparison of Ultrapar Participacoes's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Ultrapar 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.


Ultrapar Participacoes's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ultrapar 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.22/17.7
=0.29

* 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.

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

For example, Ultrapar 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)
=6.163/156.2729*156.2729
=6.163

Current CPI (Dec. 2023) = 156.2729.

Ultrapar Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.271 90.447 10.835
201406 3.086 91.838 5.251
201409 3.064 92.602 5.171
201412 6.134 94.194 10.177
201503 5.034 97.799 8.044
201506 2.463 100.006 3.849
201509 2.032 101.392 3.132
201512 4.861 104.247 7.287
201603 4.842 106.979 7.073
201606 2.334 108.851 3.351
201609 2.475 109.986 3.517
201612 5.047 110.802 7.118
201703 5.433 111.869 7.590
201706 2.387 112.115 3.327
201709 2.689 112.777 3.726
201712 5.933 114.068 8.128
201803 2.899 114.868 3.944
201806 2.487 117.038 3.321
201809 2.461 117.881 3.262
201812 5.512 118.340 7.279
201903 5.064 120.124 6.588
201906 2.387 120.977 3.083
201909 2.389 121.292 3.078
201912 3.847 123.436 4.870
202003 4.004 124.092 5.042
202006 1.296 123.557 1.639
202009 1.628 125.095 2.034
202012 2.843 129.012 3.444
202103 3.574 131.660 4.242
202106 4.790 133.871 5.592
202109 5.087 137.913 5.764
202112 5.141 141.992 5.658
202203 5.771 146.537 6.154
202206 6.661 149.784 6.950
202209 6.829 147.800 7.221
202212 6.216 150.207 6.467
202303 5.356 153.352 5.458
202306 5.522 154.519 5.585
202309 5.956 155.464 5.987
202312 6.163 156.273 6.163

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.


Ultrapar Participacoes  (NYSE:UGP) 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.


Ultrapar Participacoes Cyclically Adjusted PS Ratio Related Terms

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


Ultrapar Participacoes (Ultrapar Participacoes) Business Description

Address
Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.