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Alupar Investimento (BSP:ALUP4) Cyclically Adjusted PS Ratio : 2.05 (As of May. 01, 2024)


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What is Alupar Investimento Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Alupar Investimento's current share price is R$9.22. Alupar Investimento's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$4.50. Alupar Investimento's Cyclically Adjusted PS Ratio for today is 2.05.

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

BSP:ALUP4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.56   Med: 1.94   Max: 2.44
Current: 2.1

During the past years, Alupar Investimento's highest Cyclically Adjusted PS Ratio was 2.44. The lowest was 1.56. And the median was 1.94.

BSP:ALUP4's Cyclically Adjusted PS Ratio is ranked worse than
56.59% of 258 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.795 vs BSP:ALUP4: 2.10

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.

Alupar Investimento's adjusted revenue per share data for the three months ended in Dec. 2023 was R$0.924. 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$4.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alupar Investimento Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alupar Investimento'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.

Alupar Investimento Cyclically Adjusted PS Ratio Chart

Alupar Investimento 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 2.25 1.75 1.62 2.02 2.27

Alupar Investimento 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 2.02 1.91 2.19 2.12 2.27

Competitive Comparison of Alupar Investimento's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Alupar Investimento'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.


Alupar Investimento's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alupar Investimento's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Alupar Investimento 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.

Alupar Investimento's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.22/4.5
=2.05

* 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.

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

For example, Alupar Investimento'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)
=0.924/156.2729*156.2729
=0.924

Current CPI (Dec. 2023) = 156.2729.

Alupar Investimento Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.504 90.447 0.871
201406 0.474 91.838 0.807
201409 0.478 92.602 0.807
201412 0.587 94.194 0.974
201503 0.522 97.799 0.834
201506 0.507 100.006 0.792
201509 0.528 101.392 0.814
201512 0.518 104.247 0.777
201603 0.530 106.979 0.774
201606 0.584 108.851 0.838
201609 0.478 109.986 0.679
201612 0.447 110.802 0.630
201703 0.464 111.869 0.648
201706 0.506 112.115 0.705
201709 0.412 112.777 0.571
201712 0.362 114.068 0.496
201803 0.384 114.868 0.522
201806 0.540 117.038 0.721
201809 0.632 117.881 0.838
201812 0.424 118.340 0.560
201903 1.205 120.124 1.568
201906 0.860 120.977 1.111
201909 1.324 121.292 1.706
201912 1.440 123.436 1.823
202003 1.371 124.092 1.727
202006 1.106 123.557 1.399
202009 1.588 125.095 1.984
202012 2.393 129.012 2.899
202103 1.684 131.660 1.999
202106 1.406 133.871 1.641
202109 1.228 137.913 1.391
202112 1.186 141.992 1.305
202203 1.983 146.537 2.115
202206 1.278 149.784 1.333
202209 0.714 147.800 0.755
202212 0.801 150.207 0.833
202303 1.545 153.352 1.574
202306 0.841 154.519 0.851
202309 0.683 155.464 0.687
202312 0.924 156.273 0.924

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.


Alupar Investimento  (BSP:ALUP4) 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.


Alupar Investimento Cyclically Adjusted PS Ratio Related Terms

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


Alupar Investimento (BSP:ALUP4) Business Description

Traded in Other Exchanges
Address
Rua Gomes de, Carvalho, 1996, 16 floor, Suite 161, Room A, Sao Paulo, SP, BRA, 4547-006
Alupar Investimento SA is a Brazilian company dedicated to power generation and transmission and focuses on the development and investment in infrastructure projects related to the energy sectors. The transmission segment of the company has several electric power transmission concessions. The generation segment of the company invests in activities of small and medium generation plants including hydropower plants, solar power plants, and wind farms in Brazil, Columbia, and Peru. Sources of revenue include energy transmission revenue, infrastructure revenue, revenue from the remuneration of concession assets, and revenue from energy supply. The majority of revenue comes from the remuneration of concession assets. Alupar generates the vast majority of its revenue in Brazil.

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