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Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cia Transmissao Energia Eletrica Paulista'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.

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Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PS Ratio Chart

Cia Transmissao Energia Eletrica Paulista 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 5.17 5.55 5.16 4.47 4.76

Cia Transmissao Energia Eletrica Paulista 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 4.07 4.58 4.31 4.76 4.24

Competitive Comparison of Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PS Ratio

For the Utilities - Independent Power Producers subindustry, Cia Transmissao Energia Eletrica Paulista'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.


Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted PS Ratio falls into.



Cia Transmissao Energia Eletrica Paulista 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.

Cia Transmissao Energia Eletrica Paulista's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cia Transmissao Energia Eletrica Paulista'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)
=2.462/159.3724*159.3724
=2.462

Current CPI (Mar. 2024) = 159.3724.

Cia Transmissao Energia Eletrica Paulista Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.605 91.838 1.050
201409 0.949 92.602 1.633
201412 0.714 94.194 1.208
201503 0.491 97.799 0.800
201506 0.556 100.006 0.886
201509 0.713 101.392 1.121
201512 0.475 104.247 0.726
201603 0.450 106.979 0.670
201606 0.518 108.851 0.758
201609 12.827 109.986 18.587
201612 0.918 110.802 1.320
201703 1.051 111.869 1.497
201706 1.684 112.115 2.394
201709 1.472 112.777 2.080
201712 0.998 114.068 1.394
201803 0.985 114.868 1.367
201806 0.914 117.038 1.245
201809 1.712 117.881 2.315
201812 1.550 118.340 2.087
201903 1.182 120.124 1.568
201906 1.543 120.977 2.033
201909 1.108 121.292 1.456
201912 1.363 123.436 1.760
202003 1.081 124.092 1.388
202006 0.657 123.557 0.847
202009 1.162 125.095 1.480
202012 1.544 129.012 1.907
202103 1.196 131.660 1.448
202106 1.862 133.871 2.217
202109 1.758 137.913 2.032
202112 1.575 141.992 1.768
202203 1.694 146.537 1.842
202206 2.045 149.784 2.176
202209 1.409 147.800 1.519
202212 1.455 150.207 1.544
202303 1.869 153.352 1.942
202306 1.882 154.519 1.941
202309 1.860 155.464 1.907
202312 2.135 157.148 2.165
202403 2.462 159.372 2.462

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.


Cia Transmissao Energia Eletrica Paulista  (OTCPK:CTPZF) 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.


Cia Transmissao Energia Eletrica Paulista Cyclically Adjusted PS Ratio Related Terms

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Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia Transmissao Energia Eletrica Paulista (Cia Transmissao Energia Eletrica Paulista) Headlines

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