Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Cyclically Adjusted PS Ratio: 0.79 (As of Jul. 05, 2026) — Near Median


BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
75 GF Score
Price R$45.31
GF Value R$46.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Companhia de Eletricidade do Estado da Bahia – Coelba Cyclically Adjusted PS Ratio?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 -0.18% 75 Cyclically Adjusted PS Ratio is 0.79 as of Jul. 05, 2026, which is 1% above its 10-year median of 0.78. GuruFocus rates BSP:CEEB3 with a GF Score™ of 75/100 and a GF Value™ of R$46.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 442 Utilities - Regulated companies, Companhia de Eletricidade do Estado da Bahia – Coelba ranks better than 69.91% on this metric.

As of today (2026-07-05), Companhia de Eletricidade do Estado da Bahia – Coelba's current share price is R$45.31. Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$57.55. Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio for today is 0.79.

The historical rank and industry rank for Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:CEEB3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 1.13
Current: 0.79

During the past years, Companhia de Eletricidade do Estado da Bahia – Coelba's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.62. And the median was 0.78.

BSP:CEEB3's Cyclically Adjusted PS Ratio is ranked better than
69.91% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs BSP:CEEB3: 0.79

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.

Companhia de Eletricidade do Estado da Bahia – Coelba's adjusted revenue per share data for the three months ended in Mar. 2026 was R$16.017. 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$57.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia de Eletricidade do Estado da Bahia – Coelba  (BSP:CEEB3) 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.


Companhia de Eletricidade do Estado da Bahia – Coelba Cyclically Adjusted PS Ratio Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba'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.

Companhia de Eletricidade do Estado da Bahia – Coelba Cyclically Adjusted PS Ratio Chart

Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.82 0.79 0.71 0.81

Companhia de Eletricidade do Estado da Bahia – Coelba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.70 0.66 0.66 0.81 0.83

BSP:CEEB3 vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba'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.


Companhia de Eletricidade do Estado da Bahia – Coelba Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio falls into.


BSP:CEEB3
75GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia de Eletricidade do Estado da Bahia – Coelba 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.

Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.31/57.55
=0.79

* 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.

Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Companhia de Eletricidade do Estado da Bahia – Coelba's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16.017/175.0655*175.0655
=16.017

Current CPI (Mar. 2026) = 175.0655.

Companhia de Eletricidade do Estado da Bahia – Coelba Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.839 108.851 14.216
201609 9.358 109.986 14.895
201612 10.289 110.802 16.256
201703 9.734 111.869 15.233
201706 10.065 112.115 15.716
201709 11.428 112.777 17.740
201712 12.211 114.068 18.741
201803 9.297 114.868 14.169
201806 9.725 117.038 14.547
201809 10.039 117.881 14.909
201812 10.398 118.340 15.382
201903 9.736 120.124 14.189
201906 9.424 120.977 13.637
201909 10.103 121.292 14.582
201912 9.722 123.436 13.788
202003 8.718 124.092 12.299
202006 7.402 123.557 10.488
202009 10.729 125.095 15.015
202012 9.588 129.012 13.011
202103 10.874 131.660 14.459
202106 11.587 133.871 15.153
202109 15.365 137.913 19.504
202112 9.493 141.992 11.704
202203 12.732 146.537 15.211
202206 11.561 149.784 13.512
202209 12.682 147.800 15.022
202212 6.158 150.207 7.177
202303 14.102 153.352 16.099
202306 12.129 154.519 13.742
202309 13.762 155.464 15.497
202312 8.695 157.148 9.686
202403 13.800 159.372 15.159
202406 12.419 161.052 13.500
202409 14.708 162.342 15.861
202412 11.229 164.740 11.933
202503 14.106 168.102 14.690
202506 15.063 169.670 15.542
202509 17.944 170.739 18.399
202512 8.699 171.765 8.866
202603 16.017 175.066 16.017

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.

What does a Cyclically Adjusted PS Ratio of 0.79 mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a Cyclically Adjusted PS Ratio of 0.79 as of Jul. 05, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. This is near median its historical median of 0.78. Over the past decade, Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio has ranged from 0.62 to 1.13. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #133 out of 442 companies in the Utilities - Regulated industry, placing it in the top 30.1%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Cyclically Adjusted PS Ratio of 0.79 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.13. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 0.79 is 44.8% below this industry median. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #133 out of 442 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #133 out of 442 companies for Cyclically Adjusted PS Ratio. This puts Companhia de Eletricidade do Estado da Bahia – Coelba in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Companhia de Eletricidade do Estado da Bahia – Coelba's value of 0.79 is 44.8% below this benchmark. Historically, Companhia de Eletricidade do Estado da Bahia – Coelba's own Cyclically Adjusted PS Ratio has ranged from 0.62 to 1.13 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.43, Companhia de Eletricidade do Estado da Bahia – Coelba has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 442 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Companhia de Eletricidade do Estado da Bahia – Coelba's current Cyclically Adjusted PS Ratio of 0.79 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia de Eletricidade do Estado da Bahia – Coelba's current Cyclically Adjusted PS Ratio is 0.79, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.43, compared to a current price of R$45.31 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.79, which is near median its 10-year median of 0.78 and 44.8% below the Utilities - Regulated industry median of 1.43. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Cyclically Adjusted PS Ratio is 0.79 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be undervalued. The current stock price of R$45.31 is trading 2.4% below its estimated GF Value™ of R$46.43. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • Cyclically Adjusted PS Ratio: 0.79 (near median its 10-year median of 0.78)
  • GF Value™: R$46.43 vs. price of R$45.31 (2.4% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 44.8% below the Utilities - Regulated median (#133 of 442)

No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Eletricidade do Estado da Bahia – Coelba Business Description

Other Exchanges CEEB5:Brazil
Address Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
75GF Score

Get the complete analysis for BSP:CEEB3

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$45.31
Price
R$46.43
GF Value