Eternit (BSP:ETER3) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:ETER3 Eternit SA BSP:ETER3
61 GF Score
Price R$3.66
GF Value R$5.06
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Eternit Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eternit  (BSP:ETER3) 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.


Eternit Cyclically Adjusted PS Ratio Related Terms


Eternit Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eternit'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.

Eternit Cyclically Adjusted PS Ratio Chart

Eternit 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 0.71 0.38 0.32 0.21 0.18

Eternit 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 0.16 0.19 0.18 0.17 0.16

BSP:ETER3 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Eternit'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.


Eternit Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Eternit's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:ETER3
61GF Score
Eternit SA BSP:ETER3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eternit 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.

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

For example, Eternit'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)
=4.753/177.5443*177.5443
=4.753

Current CPI (Jun. 2026) = 177.5443.

Eternit Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.990 109.986 9.669
201612 5.586 110.802 8.951
201703 4.910 111.869 7.793
201706 4.791 112.115 7.587
201709 4.967 112.777 7.820
201712 4.826 114.068 7.512
201803 3.784 114.868 5.849
201806 3.459 117.038 5.247
201809 4.149 117.881 6.249
201812 4.334 118.340 6.502
201903 3.620 120.124 5.350
201906 3.427 120.977 5.029
201909 3.509 121.292 5.136
201912 3.328 123.436 4.787
202003 3.134 124.092 4.484
202006 4.095 123.557 5.884
202009 3.640 125.095 5.166
202012 4.150 129.012 5.711
202103 4.376 131.660 5.901
202106 4.652 133.871 6.170
202109 4.468 137.913 5.752
202112 4.688 141.992 5.862
202203 4.204 146.537 5.094
202206 4.729 149.784 5.605
202209 5.230 147.800 6.283
202212 5.060 150.207 5.981
202303 4.804 153.352 5.562
202306 4.206 154.519 4.833
202309 4.715 155.464 5.385
202312 4.573 157.148 5.167
202403 4.320 159.372 4.813
202406 4.475 161.052 4.933
202409 5.384 162.342 5.888
202412 4.355 164.740 4.693
202503 4.544 168.102 4.799
202506 4.481 169.670 4.689
202509 5.170 170.739 5.376
202512 4.328 171.765 4.474
202603 4.242 175.066 4.302
202606 4.753 177.544 4.753

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 Eternit (BSP:ETER3) Overvalued in 2026?

Based on GuruFocus' analysis, Eternit stock appears to be undervalued. The current stock price of R$3.66 is trading 27.7% below its estimated GF Value™ of R$5.06. GuruFocus considers Eternit to be Modestly Undervalued.

Key valuation signals for BSP:ETER3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$5.06 vs. price of R$3.66 (27.7% below fair value)
  • GF Score™: 61/100 with 10 warning signs

No single metric tells the full story. See the BSP:ETER3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eternit Business Description

Address Street Dr. Fernandes Coelho, 85 - 8 floor, Sao Paulo, SP, BRA, 5423040
Eternit SA is a Brazil-based company. It is engaged in the production and sale of fiber cement, cement, concrete, plaster, and plastic products, as well as other construction materials and related accessories through its subsidiaries. The operating segments of the company include Fiber Cement, Chrysotile Mineral, and Concrete Roof Tiles.
61GF Score

Get the complete analysis for BSP:ETER3

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

R$3.66
Price
R$5.06
GF Value