Direcional Engenharia (BSP:DIRR3) Cyclically Adjusted PS Ratio: 2.59 (As of Jul. 07, 2026) — 111% Above Median


BSP:DIRR3 Direcional Engenharia SA BSP:DIRR3
90 GF Score
Price R$13.88
GF Value R$15.91
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Direcional Engenharia Cyclically Adjusted PS Ratio?

Direcional Engenharia BSP:DIRR3 -2.80% 90 Cyclically Adjusted PS Ratio is 2.59 as of Jul. 07, 2026, which is 111% above its 10-year median of 1.23. GuruFocus rates BSP:DIRR3 with a GF Score™ of 90/100 and a GF Value™ of R$15.91 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,359 Real Estate companies, Direcional Engenharia ranks worse than 59.97% on this metric.

As of today (2026-07-07), Direcional Engenharia's current share price is R$13.88. Direcional Engenharia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$5.35. Direcional Engenharia's Cyclically Adjusted PS Ratio for today is 2.59.

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

BSP:DIRR3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.23   Max: 3.69
Current: 2.67

During the past years, Direcional Engenharia's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 0.65. And the median was 1.23.

BSP:DIRR3's Cyclically Adjusted PS Ratio is ranked worse than
59.97% of 1359 companies
in the Real Estate industry
Industry Median: 1.84 vs BSP:DIRR3: 2.67

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.

Direcional Engenharia's adjusted revenue per share data for the three months ended in Mar. 2026 was R$2.211. 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$5.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Direcional Engenharia  (BSP:DIRR3) 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.


Direcional Engenharia Cyclically Adjusted PS Ratio Related Terms


Direcional Engenharia Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Direcional Engenharia'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.

Direcional Engenharia Cyclically Adjusted PS Ratio Chart

Direcional Engenharia 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 0.97 1.14 1.63 1.87 2.73

Direcional Engenharia 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 2.16 2.74 3.19 2.73 2.49

Direcional Engenharia Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Direcional Engenharia'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.


Direcional Engenharia Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Direcional Engenharia's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:DIRR3
90GF Score
Direcional Engenharia SA BSP:DIRR3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Direcional Engenharia 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.

Direcional Engenharia's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.88/5.35
=2.59

* 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.

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

For example, Direcional Engenharia'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)
=2.211/175.0655*175.0655
=2.211

Current CPI (Mar. 2026) = 175.0655.

Direcional Engenharia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.859 108.851 1.382
201609 0.714 109.986 1.136
201612 0.578 110.802 0.913
201703 0.452 111.869 0.707
201706 0.412 112.115 0.643
201709 0.456 112.777 0.708
201712 0.384 114.068 0.589
201803 0.434 114.868 0.661
201806 0.714 117.038 1.068
201809 0.700 117.881 1.040
201812 0.870 118.340 1.287
201903 0.791 120.124 1.153
201906 0.816 120.977 1.181
201909 0.799 121.292 1.153
201912 0.814 123.436 1.154
202003 0.652 124.092 0.920
202006 0.920 123.557 1.304
202009 0.830 125.095 1.162
202012 0.949 129.012 1.288
202103 0.933 131.660 1.241
202106 0.964 133.871 1.261
202109 1.021 137.913 1.296
202112 1.120 141.992 1.381
202203 1.036 146.537 1.238
202206 1.306 149.784 1.526
202209 1.255 147.800 1.487
202212 1.189 150.207 1.386
202303 1.231 153.352 1.405
202306 1.333 154.519 1.510
202309 1.162 155.464 1.309
202312 1.226 157.148 1.366
202403 1.280 159.372 1.406
202406 1.617 161.052 1.758
202409 1.740 162.342 1.876
202412 1.741 164.740 1.850
202503 1.703 168.102 1.774
202506 2.029 169.670 2.094
202509 2.218 170.739 2.274
202512 2.332 171.765 2.377
202603 2.211 175.066 2.211

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 2.59 mean?
Direcional Engenharia (BSP:DIRR3) has a Cyclically Adjusted PS Ratio of 2.59 as of Jul. 07, 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 Direcional Engenharia and its competitors. This is 111% above median its historical median of 1.23. Over the past decade, Direcional Engenharia's Cyclically Adjusted PS Ratio has ranged from 0.65 to 3.69. According to the industry distribution chart, Direcional Engenharia ranks #815 out of 1359 companies in the Real Estate industry, placing it in the top 60%.
Is Direcional Engenharia's Cyclically Adjusted PS Ratio too high?
Direcional Engenharia's current Cyclically Adjusted PS Ratio of 2.59 is 111% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 3.69. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.84. Direcional Engenharia's value of 2.59 is 40.8% above this industry median. Based on the distribution chart, Direcional Engenharia ranks #815 out of 1359 companies in the Real Estate industry, which is below the industry midpoint. Overall, Direcional Engenharia has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Direcional Engenharia's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Direcional Engenharia ranks #815 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Direcional Engenharia in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.84. Direcional Engenharia's value of 2.59 is 40.8% above this benchmark. Historically, Direcional Engenharia's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 3.69 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.84, Direcional Engenharia has consistently been above 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.84, based on 1,359 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. Direcional Engenharia's current Cyclically Adjusted PS Ratio of 2.59 is 40.8% above 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 Direcional Engenharia and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Direcional Engenharia's current Cyclically Adjusted PS Ratio is 2.59, which is 111% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Direcional Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Direcional Engenharia (BSP:DIRR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$15.91, compared to a current price of R$13.88 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.59, which is 111% above median its 10-year median of 1.23 and 40.8% above the Real Estate industry median of 1.84. Direcional Engenharia's overall GF Score™ is 90/100 with 4 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 Direcional Engenharia (BSP:DIRR3), the current Cyclically Adjusted PS Ratio is 2.59 as of Jul. 07, 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 Direcional Engenharia (BSP:DIRR3) Overvalued in 2026?

Based on GuruFocus' analysis, Direcional Engenharia stock appears to be undervalued. The current stock price of R$13.88 is trading 12.8% below its estimated GF Value™ of R$15.91. GuruFocus considers Direcional Engenharia to be Modestly Undervalued.

Key valuation signals for BSP:DIRR3:

  • Cyclically Adjusted PS Ratio: 2.59 (111% above median its 10-year median of 1.23)
  • GF Value™: R$15.91 vs. price of R$13.88 (12.8% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 40.8% above the Real Estate median (#815 of 1359)

No single metric tells the full story. See the BSP:DIRR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Direcional Engenharia Business Description

Address Rua dos Otoni, 177, Bairro Santa Efigenia, Belo Horizonte, MG, BRA, 30150-270
Direcional Engenharia SA is a real estate development and construction company. It focuses on the development of large-scale residential housing targeting the low-income segment, particularly in the North and Mid-West regions of Brazil. Geographically, the business presence of the firm are seen in the states of Rio de Janeiro, Sao Paulo, the Rio Grande do Sul, Minas Gerais, Para, and Amazonas, among others.
90GF Score

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

R$13.88
Price
R$15.91
GF Value