Cosan (BSP:CSAN3) Cyclically Adjusted PS Ratio: 0.24 (As of Jul. 14, 2026) — 82% Below Median

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BSP:CSAN3 Cosan SA BSP:CSAN3
71 GF Score
Price R$3.90
GF Value R$7.16
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Cosan Cyclically Adjusted PS Ratio?

Cosan BSP:CSAN3 -4.18% 71 Cyclically Adjusted PS Ratio is 0.24 as of Jul. 14, 2026, which is 82% below its 10-year median of 1.32. GuruFocus rates BSP:CSAN3 with a GF Score™ of 71/100 and a GF Value™ of R$7.16 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 706 Oil & Gas companies, Cosan ranks better than 81.73% on this metric.

As of today (2026-07-14), Cosan's current share price is R$3.90. Cosan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$16.54. Cosan's Cyclically Adjusted PS Ratio for today is 0.24.

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

BSP:CSAN3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.32   Max: 2.67
Current: 0.24

During the past years, Cosan's highest Cyclically Adjusted PS Ratio was 2.67. The lowest was 0.20. And the median was 1.32.

BSP:CSAN3's Cyclically Adjusted PS Ratio is ranked better than
81.73% of 706 companies
in the Oil & Gas industry
Industry Median: 1.02 vs BSP:CSAN3: 0.24

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.

Cosan's adjusted revenue per share data for the three months ended in Mar. 2026 was R$2.306. 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$16.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cosan  (BSP:CSAN3) 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.


Cosan Cyclically Adjusted PS Ratio Related Terms


Cosan Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cosan'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.

Cosan Cyclically Adjusted PS Ratio Chart

Cosan 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 2.10 1.50 1.56 0.56 0.33

Cosan 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 0.49 0.44 0.38 0.33 0.33

BSP:CSAN3 vs VLO, MPC, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Cosan'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.


Cosan Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cosan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:CSAN3
71GF Score
Cosan SA BSP:CSAN3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cosan 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.

Cosan's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.90/16.54
=0.24

* 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.

Cosan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cosan'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)
=2.306/175.0655*175.0655
=2.306

Current CPI (Mar. 2026) = 175.0655.

Cosan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.197 108.851 1.925
201609 1.112 109.986 1.770
201612 1.070 110.802 1.691
201703 0.972 111.869 1.521
201706 1.148 112.115 1.793
201709 1.268 112.777 1.968
201712 1.259 114.068 1.932
201803 1.313 114.868 2.001
201806 1.491 117.038 2.230
201809 1.835 117.881 2.725
201812 1.765 118.340 2.611
201903 1.949 120.124 2.840
201906 2.103 120.977 3.043
201909 2.339 121.292 3.376
201912 4.000 123.436 5.673
202003 2.240 124.092 3.160
202006 1.509 123.557 2.138
202009 2.411 125.095 3.374
202012 4.189 129.012 5.684
202103 2.716 131.660 3.611
202106 3.507 133.871 4.586
202109 3.685 137.913 4.678
202112 4.225 141.992 5.209
202203 4.216 146.537 5.037
202206 5.104 149.784 5.966
202209 6.142 147.800 7.275
202212 5.516 150.207 6.429
202303 5.153 153.352 5.883
202306 5.385 154.519 6.101
202309 5.513 155.464 6.208
202312 5.089 157.148 5.669
202403 5.275 159.372 5.794
202406 5.745 161.052 6.245
202409 6.235 162.342 6.724
202412 6.219 164.740 6.609
202503 5.199 168.102 5.414
202506 5.637 169.670 5.816
202509 5.736 170.739 5.881
202512 2.428 171.765 2.475
202603 2.306 175.066 2.306

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 0.24 mean?
Cosan (BSP:CSAN3) has a Cyclically Adjusted PS Ratio of 0.24 as of Jul. 14, 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 Cosan and its competitors. This is 82% below median its historical median of 1.32. Over the past decade, Cosan's Cyclically Adjusted PS Ratio has ranged from 0.20 to 2.67. According to the industry distribution chart, Cosan ranks #129 out of 706 companies in the Oil & Gas industry, placing it in the top 18.3%.
Is Cosan's Cyclically Adjusted PS Ratio too high?
Cosan's current Cyclically Adjusted PS Ratio of 0.24 is 82% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.67. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.02. Cosan's value of 0.24 is 76.5% below this industry median. Based on the distribution chart, Cosan ranks #129 out of 706 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cosan has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cosan's Cyclically Adjusted PS Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Cosan ranks #129 out of 706 companies for Cyclically Adjusted PS Ratio. This places Cosan in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.02. Cosan's value of 0.24 is 76.5% below this benchmark. Historically, Cosan's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 2.67 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.02, Cosan 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.02, based on 706 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. Cosan's current Cyclically Adjusted PS Ratio of 0.24 is 76.5% 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 Cosan and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cosan's current Cyclically Adjusted PS Ratio is 0.24, which is 82% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosan stock overvalued right now?
Based on GuruFocus' analysis, Cosan (BSP:CSAN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$7.16, compared to a current price of R$3.90 — trading 45.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 82% below median its 10-year median of 1.32 and 76.5% below the Oil & Gas industry median of 1.02. Cosan's overall GF Score™ is 71/100 with 3 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 Cosan (BSP:CSAN3), the current Cyclically Adjusted PS Ratio is 0.24 as of Jul. 14, 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 Cosan (BSP:CSAN3) Overvalued in 2026?

Based on GuruFocus' analysis, Cosan stock appears to be undervalued. The current stock price of R$3.90 is trading 45.5% below its estimated GF Value™ of R$7.16. GuruFocus considers Cosan to be Possible Value Trap.

Key valuation signals for BSP:CSAN3:

  • Cyclically Adjusted PS Ratio: 0.24 (82% below median its 10-year median of 1.32)
  • GF Value™: R$7.16 vs. price of R$3.90 (45.5% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 76.5% below the Oil & Gas median (#129 of 706)

No single metric tells the full story. See the BSP:CSAN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosan Business Description

Industry EnergyOil & Gas
Other Exchanges CSAN:USA9CI0:Germany
Address Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Cosan SA engages in several services throughout the energy and logistics sectors. Its reportable segments are Raizen, Compass, Moove, Rumo, and Radar. It generates the majority of its revenue from Raizen which operates in the production, commercialization, origination, and trading of ethanol, bioenergy, resale, and trading of electricity, renewable sources, marketing, origination, and trading of sugar and fuels, and lubricant.
71GF Score

Get the complete analysis for BSP:CSAN3

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

R$3.90
Price
R$7.16
GF Value