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Equatorial MaranhaoDistribuidora de EnergiaBSP:EQMA3B 78 Cyclically Adjusted PS Ratio is 0.77 as of Aug. 07, 2026, which is 19% below its 10-year median of 0.95. GuruFocus rates BSP:EQMA3B with a GF Score™ of 78/100 and a GF Value™ of R$34.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 441 Utilities - Regulated companies, Equatorial MaranhaoDistribuidora de Energia ranks better than 70.29% on this metric.
BSP:EQMA3B's Cyclically Adjusted PS Ratio is ranked better than 70.29% of 441
companies
in the Utilities - Regulated industry
Industry Median: 1.42
vs BSP:EQMA3B: 0.78
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.
Equatorial MaranhaoDistribuidora de Energia's adjusted revenue per share data for the three months ended in Mar. 2026 was R$10.096. 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$37.92 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) 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.
Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted PS Ratio Related Terms
Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted PS Ratio Historical Data
* 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.
Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted PS Ratio Chart
Equatorial MaranhaoDistribuidora de Energia Annual Data
BSP:EQMA3B vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison
For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de Energia'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.
Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio falls into.
Equatorial MaranhaoDistribuidora de Energia 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.
* 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.
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 0.77 mean?
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) has a Cyclically Adjusted PS Ratio of 0.77 as of Aug. 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. This is 19% below median its historical median of 0.95. Over the past decade, Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio has ranged from 0.67 to 2.63. According to the industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #131 out of 441 companies in the Utilities - Regulated industry, placing it in the top 29.7%.
Is Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio too high?
Equatorial MaranhaoDistribuidora de Energia's current Cyclically Adjusted PS Ratio of 0.77 is 19% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.63. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.42. Equatorial MaranhaoDistribuidora de Energia's value of 0.77 is 45.8% below this industry median. Based on the distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #131 out of 441 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Equatorial MaranhaoDistribuidora de Energia has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #131 out of 441 companies for Cyclically Adjusted PS Ratio. This puts Equatorial MaranhaoDistribuidora de Energia in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.42. Equatorial MaranhaoDistribuidora de Energia's value of 0.77 is 45.8% below this benchmark. Historically, Equatorial MaranhaoDistribuidora de Energia's own Cyclically Adjusted PS Ratio has ranged from 0.67 to 2.63 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.42, Equatorial MaranhaoDistribuidora de Energia 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 1.42, based on 441 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. Equatorial MaranhaoDistribuidora de Energia's current Cyclically Adjusted PS Ratio of 0.77 is 45.8% 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial MaranhaoDistribuidora de Energia's current Cyclically Adjusted PS Ratio is 0.77, which is 19% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial MaranhaoDistribuidora de Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.31, compared to a current price of R$29.33 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.77, which is 19% below median its 10-year median of 0.95 and 45.8% below the Utilities - Regulated industry median of 1.42. Equatorial MaranhaoDistribuidora de Energia's overall GF Score™ is 78/100 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B), the current Cyclically Adjusted PS Ratio is 0.77 as of Aug. 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Overvalued in 2026?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued.
The current stock price of R$29.33 is trading 14.5% below its estimated GF Value™ of R$34.31.
GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.
Key valuation signals for BSP:EQMA3B:
Cyclically Adjusted PS Ratio: 0.77 (19% below median its 10-year median of 0.95)
GF Value™: R$34.31 vs. price of R$29.33 (14.5% below fair value)
Industry Position: 45.8% below the Utilities - Regulated median (#131 of 441)
No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.
78GF Score
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