CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Cyclically Adjusted PS Ratio: 1.17 (As of Jul. 21, 2026) — 16% Below Median

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BSP:CGAS3 CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
66 GF Score
Price R$125.10
GF Value R$82.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio?

CIA de Gas deo Paulo - COMGAS BSP:CGAS3 66 Cyclically Adjusted PS Ratio is 1.17 as of Jul. 21, 2026, which is 16% below its 10-year median of 1.39. GuruFocus rates BSP:CGAS3 with a GF Score™ of 66/100 and a GF Value™ of R$82.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 442 Utilities - Regulated companies, CIA de Gas deo Paulo - COMGAS ranks better than 57.24% on this metric.

As of today (2026-07-21), CIA de Gas deo Paulo - COMGAS's current share price is R$125.10. CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$106.74. CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio for today is 1.17.

The historical rank and industry rank for CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:CGAS3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.39   Max: 3.69
Current: 1.17

During the past years, CIA de Gas deo Paulo - COMGAS's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 1.02. And the median was 1.39.

BSP:CGAS3's Cyclically Adjusted PS Ratio is ranked better than
57.24% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs BSP:CGAS3: 1.17

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.

CIA de Gas deo Paulo - COMGAS's adjusted revenue per share data for the three months ended in Mar. 2026 was R$15.894. 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$106.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIA de Gas deo Paulo - COMGAS  (BSP:CGAS3) 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 de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Related Terms


CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Chart

CIA de Gas deo Paulo - COMGAS 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 1.99 1.52 1.33 1.20 1.15

CIA de Gas deo Paulo - COMGAS 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 1.29 1.15 1.19 1.15 1.18

BSP:CGAS3 vs ATO, NI, UGI: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS'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 de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio falls into.


BSP:CGAS3
66GF Score
CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIA de Gas deo Paulo - COMGAS 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 de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=125.10/106.74
=1.17

* 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.

CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CIA de Gas deo Paulo - COMGAS'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)
=15.894/175.0655*175.0655
=15.894

Current CPI (Mar. 2026) = 175.0655.

CIA de Gas deo Paulo - COMGAS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.488 108.851 18.476
201609 10.600 109.986 16.872
201612 11.130 110.802 17.585
201703 8.682 111.869 13.587
201706 10.288 112.115 16.065
201709 14.835 112.777 23.029
201712 11.509 114.068 17.663
201803 11.002 114.868 16.768
201806 12.007 117.038 17.960
201809 14.324 117.881 21.273
201812 14.430 118.340 21.347
201903 15.520 120.124 22.619
201906 17.620 120.977 25.498
201909 19.478 121.292 28.113
201912 19.042 123.436 27.007
202003 17.368 124.092 24.502
202006 10.649 123.557 15.088
202009 16.710 125.095 23.385
202012 17.934 129.012 24.336
202103 17.288 131.660 22.987
202106 20.311 133.871 26.561
202109 30.597 137.913 38.840
202112 26.677 141.992 32.891
202203 34.468 146.537 41.178
202206 42.108 149.784 49.215
202209 36.620 147.800 43.376
202212 30.801 150.207 35.898
202303 29.110 153.352 33.232
202306 37.626 154.519 42.629
202309 28.193 155.464 31.748
202312 27.594 157.148 30.740
202403 26.872 159.372 29.518
202406 36.418 161.052 39.587
202409 31.170 162.342 33.613
202412 29.950 164.740 31.827
202503 22.733 168.102 23.675
202506 28.949 169.670 29.870
202509 22.048 170.739 22.607
202512 19.986 171.765 20.370
202603 15.894 175.066 15.894

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 1.17 mean?
CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) has a Cyclically Adjusted PS Ratio of 1.17 as of Jul. 21, 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 CIA de Gas deo Paulo - COMGAS and its competitors. This is 16% below median its historical median of 1.39. Over the past decade, CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio has ranged from 1.02 to 3.69. According to the industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #189 out of 442 companies in the Utilities - Regulated industry, placing it in the top 42.8%.
Is CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio too high?
CIA de Gas deo Paulo - COMGAS's current Cyclically Adjusted PS Ratio of 1.17 is 16% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 3.69. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. CIA de Gas deo Paulo - COMGAS's value of 1.17 is 18.8% below this industry median. Based on the distribution chart, CIA de Gas deo Paulo - COMGAS ranks #189 out of 442 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CIA de Gas deo Paulo - COMGAS has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, CIA de Gas deo Paulo - COMGAS ranks #189 out of 442 companies for Cyclically Adjusted PS Ratio. This puts CIA de Gas deo Paulo - COMGAS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. CIA de Gas deo Paulo - COMGAS's value of 1.17 is 18.8% below this benchmark. Historically, CIA de Gas deo Paulo - COMGAS's own Cyclically Adjusted PS Ratio has ranged from 1.02 to 3.69 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.44, CIA de Gas deo Paulo - COMGAS 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 1.44, 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. CIA de Gas deo Paulo - COMGAS's current Cyclically Adjusted PS Ratio of 1.17 is 18.8% 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 CIA de Gas deo Paulo - COMGAS and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Gas deo Paulo - COMGAS's current Cyclically Adjusted PS Ratio is 1.17, which is 16% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Gas deo Paulo - COMGAS stock overvalued right now?
Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$82.35, compared to a current price of R$125.10 — trading 51.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.17, which is 16% below median its 10-year median of 1.39 and 18.8% below the Utilities - Regulated industry median of 1.44. CIA de Gas deo Paulo - COMGAS's overall GF Score™ is 66/100 with 7 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3), the current Cyclically Adjusted PS Ratio is 1.17 as of Jul. 21, 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS stock appears to be overvalued. The current stock price of R$125.10 is trading 51.9% above its estimated GF Value™ of R$82.35. GuruFocus considers CIA de Gas deo Paulo - COMGAS to be Significantly Overvalued.

Key valuation signals for BSP:CGAS3:

  • Cyclically Adjusted PS Ratio: 1.17 (16% below median its 10-year median of 1.39)
  • GF Value™: R$82.35 vs. price of R$125.10 (51.9% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 18.8% below the Utilities - Regulated median (#189 of 442)

No single metric tells the full story. See the BSP:CGAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Gas deo Paulo - COMGAS Business Description

Other Exchanges CGAS5:Brazil
Address Brigadeiro Faria Lima Avenue, 4,100, 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.
66GF Score

Get the complete analysis for BSP:CGAS3

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

R$125.10
Price
R$82.35
GF Value