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Bematech (BSP:BEMA3) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Bematech Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bematech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bematech'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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Bematech Cyclically Adjusted PS Ratio Chart

Bematech Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Bematech Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Bematech's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Bematech'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.


Bematech's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bematech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bematech 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.

Bematech's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Bematech's adjusted Revenue per Share data for the fiscal year that ended in Dec14 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=8.277/94.1937*94.1937
=8.277

Current CPI (Dec14) = 94.1937.

Bematech Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200512 68.608 58.824 109.860
200612 95.588 60.672 148.400
200712 4.494 63.377 6.679
200812 6.039 67.118 8.475
200912 6.407 70.012 8.620
201012 6.330 74.149 8.041
201112 5.735 78.971 6.841
201212 6.291 83.581 7.090
201312 7.110 88.522 7.566
201412 8.277 94.194 8.277

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.


Bematech  (BSP:BEMA3) 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.


Bematech Cyclically Adjusted PS Ratio Related Terms

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Bematech (BSP:BEMA3) Business Description

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Bematech SA was formed on October 1, 1990. It is a Brazilian multinational that provides complete technological solutions for the retail, food service and hospitality industries. It is engaged in manufacture, sale, intermediation of sales, import, export, design, development, representation, distribution and rental of electric, electronic and electromechanical equipment and related parts and components; the development, representation, distribution and rental of software; licensing and assignment of rights to use software programs; sale of supplies for IT equipment; the rendering of technical assistance services, support, training and information technology projects; the franchising of products and services, as well as the investment in other companies as stockholder or quotaholder. The Company's operating segments are subdivided into Hardware, Software and Services.

Bematech (BSP:BEMA3) Headlines

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