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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) PS Ratio : 3.65 (As of Apr. 28, 2024)


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What is Transmissora Alianca de Energia Eletrica PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Transmissora Alianca de Energia Eletrica's share price is R$11.87. Transmissora Alianca de Energia Eletrica's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R$3.25. Hence, Transmissora Alianca de Energia Eletrica's PS Ratio for today is 3.65.

Good Sign:

Transmissora Alianca de Energia Eletrica SA stock PS Ratio (=3.6) is close to 2-year low of 3.55

The historical rank and industry rank for Transmissora Alianca de Energia Eletrica's PS Ratio or its related term are showing as below:

BSP:TAEE4' s PS Ratio Range Over the Past 10 Years
Min: 3   Med: 6.07   Max: 8.2
Current: 3.6

During the past 13 years, Transmissora Alianca de Energia Eletrica's highest PS Ratio was 8.20. The lowest was 3.00. And the median was 6.07.

BSP:TAEE4's PS Ratio is ranked worse than
83.73% of 510 companies
in the Utilities - Regulated industry
Industry Median: 1.25 vs BSP:TAEE4: 3.60

Transmissora Alianca de Energia Eletrica's Revenue per Sharefor the three months ended in Dec. 2023 was R$1.26. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R$3.25.

Warning Sign:

Transmissora Alianca de Energia Eletrica SA revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Transmissora Alianca de Energia Eletrica was 28.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -1.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 10.80% per year.

During the past 13 years, Transmissora Alianca de Energia Eletrica's highest 3-Year average Revenue per Share Growth Rate was 49.00% per year. The lowest was -10.40% per year. And the median was 9.80% per year.

Back to Basics: PS Ratio


Transmissora Alianca de Energia Eletrica PS Ratio Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica's 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.

Transmissora Alianca de Energia Eletrica PS Ratio Chart

Transmissora Alianca de Energia Eletrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 3.25 3.61 4.59 3.93

Transmissora Alianca de Energia Eletrica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.59 4.77 5.55 4.63 3.93

Competitive Comparison of Transmissora Alianca de Energia Eletrica's PS Ratio

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica's PS Ratio, along with its competitors' market caps and 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.


Transmissora Alianca de Energia Eletrica's PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's PS Ratio distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's PS Ratio falls into.



Transmissora Alianca de Energia Eletrica PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Transmissora Alianca de Energia Eletrica's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.87/3.253
=3.65

Transmissora Alianca de Energia Eletrica's Share Price of today is R$11.87.
Transmissora Alianca de Energia Eletrica's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$3.25.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE4) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Transmissora Alianca de Energia Eletrica PS Ratio Related Terms

Thank you for viewing the detailed overview of Transmissora Alianca de Energia Eletrica's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Headlines

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