Energisa (BSP:ENGI3) Cyclically Adjusted PS Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:ENGI3 Energisa SA BSP:ENGI3
72 GF Score
Price R$11.35
GF Value R$11.50
Valuation Fairly Valued
! 6 Warning Signs
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What is Energisa Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Energisa  (BSP:ENGI3) 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.


Energisa Cyclically Adjusted PS Ratio Related Terms


Energisa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Energisa'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.

Energisa Cyclically Adjusted PS Ratio Chart

Energisa 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 1.28 1.16 1.37 0.78 0.93

Energisa Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.85 0.93 0.93 0.96 0.00

BSP:ENGI3 vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Energisa'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.


Energisa Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Energisa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:ENGI3
72GF Score
Energisa SA BSP:ENGI3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energisa 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.

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

For example, Energisa's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.317/177.5443*177.5443
=3.317

Current CPI (Jun. 2026) = 177.5443.

Energisa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.570 109.986 2.534
201612 1.710 110.802 2.740
201703 1.521 111.869 2.414
201706 1.614 112.115 2.556
201709 1.749 112.777 2.753
201712 2.052 114.068 3.194
201803 1.856 114.868 2.869
201806 1.935 117.038 2.935
201809 2.050 117.881 3.088
201812 2.223 118.340 3.335
201903 2.126 120.124 3.142
201906 2.405 120.977 3.530
201909 2.566 121.292 3.756
201912 2.821 123.436 4.058
202003 2.135 124.092 3.055
202006 2.003 123.557 2.878
202009 2.345 125.095 3.328
202012 3.036 129.012 4.178
202103 2.476 131.660 3.339
202106 2.811 133.871 3.728
202109 3.674 137.913 4.730
202112 3.434 141.992 4.294
202203 2.910 146.537 3.526
202206 2.879 149.784 3.413
202209 2.744 147.800 3.296
202212 3.398 150.207 4.016
202303 2.643 153.352 3.060
202306 2.554 154.519 2.935
202309 3.247 155.464 3.708
202312 3.469 157.148 3.919
202403 2.970 159.372 3.309
202406 2.788 161.052 3.074
202409 3.413 162.342 3.733
202412 3.802 164.740 4.098
202503 3.073 168.102 3.246
202506 3.112 169.670 3.256
202509 3.626 170.739 3.771
202512 3.517 171.765 3.635
202603 2.906 175.066 2.947
202606 3.317 177.544 3.317

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.

Is Energisa (BSP:ENGI3) Overvalued in 2026?

Based on GuruFocus' analysis, Energisa stock appears to be undervalued. The current stock price of R$11.35 is trading 1.3% below its estimated GF Value™ of R$11.50. GuruFocus considers Energisa to be Fairly Valued.

Key valuation signals for BSP:ENGI3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$11.50 vs. price of R$11.35 (1.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the BSP:ENGI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energisa Business Description

Other Exchanges ENGI4:BrazilENGI11:Brazil
Address Praca Rui Barbosa, 80, Centro, Cataguases, MG, BRA, 36770-901
Energisa SA provides administrative services to its electricity distribution, transmission, generation and trading subsidiaries and energy trader and other direct and indirect subsidiaries. It offers the market a complete ecosystem of energy solutions to meet the needs of all customer profiles around Brazil. The company operates in the following segments: electricity distribution, (re) energisa, electricity transmission, centralized generation, natural gas distribution and biosolutions.
72GF Score

Get the complete analysis for BSP:ENGI3

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

R$11.35
Price
R$11.50
GF Value