Even Construtora Eorporadora (BSP:EVEN3) Cyclically Adjusted PS Ratio: 0.44 (As of Jul. 23, 2026) — 20% Below Median

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:EVEN3 Even Construtora E Incorporadora SA BSP:EVEN3
71 GF Score
Price R$5.11
GF Value R$16.74
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Even Construtora Eorporadora Cyclically Adjusted PS Ratio?

Even Construtora Eorporadora BSP:EVEN3 +2.20% 71 Cyclically Adjusted PS Ratio is 0.44 as of Jul. 23, 2026, which is 20% below its 10-year median of 0.55. GuruFocus rates BSP:EVEN3 with a GF Score™ of 71/100 and a GF Value™ of R$16.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,359 Real Estate companies, Even Construtora Eorporadora ranks better than 81.38% on this metric.

As of today (2026-07-23), Even Construtora Eorporadora's current share price is R$5.11. Even Construtora Eorporadora's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$11.51. Even Construtora Eorporadora's Cyclically Adjusted PS Ratio for today is 0.44.

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

BSP:EVEN3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.55   Max: 1.58
Current: 0.43

During the past years, Even Construtora Eorporadora's highest Cyclically Adjusted PS Ratio was 1.58. The lowest was 0.27. And the median was 0.55.

BSP:EVEN3's Cyclically Adjusted PS Ratio is ranked better than
81.38% of 1359 companies
in the Real Estate industry
Industry Median: 1.83 vs BSP:EVEN3: 0.43

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.

Even Construtora Eorporadora's adjusted revenue per share data for the three months ended in Mar. 2026 was R$6.561. 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$11.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Even Construtora Eorporadora  (BSP:EVEN3) 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.


Even Construtora Eorporadora Cyclically Adjusted PS Ratio Related Terms


Even Construtora Eorporadora Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Even Construtora Eorporadora'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.

Even Construtora Eorporadora Cyclically Adjusted PS Ratio Chart

Even Construtora Eorporadora 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 0.55 0.38 0.70 0.46 0.70

Even Construtora Eorporadora 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 0.52 0.65 0.70 0.70 0.63

Even Construtora Eorporadora Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.


Even Construtora Eorporadora Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


BSP:EVEN3
71GF Score
Even Construtora E Incorporadora SA BSP:EVEN3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Even Construtora Eorporadora 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.

Even Construtora Eorporadora's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.11/11.51
=0.44

* 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.

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

For example, Even Construtora Eorporadora'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)
=6.561/175.0655*175.0655
=6.561

Current CPI (Mar. 2026) = 175.0655.

Even Construtora Eorporadora Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.162 108.851 3.477
201609 1.628 109.986 2.591
201612 1.761 110.802 2.782
201703 1.397 111.869 2.186
201706 1.724 112.115 2.692
201709 2.206 112.777 3.424
201712 0.924 114.068 1.418
201803 1.428 114.868 2.176
201806 1.659 117.038 2.482
201809 1.848 117.881 2.744
201812 1.701 118.340 2.516
201903 2.262 120.124 3.297
201906 2.766 120.977 4.003
201909 1.677 121.292 2.420
201912 2.137 123.436 3.031
202003 1.875 124.092 2.645
202006 1.803 123.557 2.555
202009 2.107 125.095 2.949
202012 2.212 129.012 3.002
202103 3.299 131.660 4.387
202106 2.522 133.871 3.298
202109 2.566 137.913 3.257
202112 2.663 141.992 3.283
202203 2.254 146.537 2.693
202206 3.190 149.784 3.728
202209 3.246 147.800 3.845
202212 2.354 150.207 2.744
202303 2.946 153.352 3.363
202306 2.407 154.519 2.727
202309 1.852 155.464 2.086
202312 2.703 157.148 3.011
202403 1.974 159.372 2.168
202406 4.724 161.052 5.135
202409 1.906 162.342 2.055
202412 2.288 164.740 2.431
202503 0.520 168.102 0.542
202506 1.458 169.670 1.504
202509 1.355 170.739 1.389
202512 2.471 171.765 2.518
202603 6.561 175.066 6.561

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 0.44 mean?
Even Construtora Eorporadora (BSP:EVEN3) has a Cyclically Adjusted PS Ratio of 0.44 as of Jul. 23, 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 Even Construtora Eorporadora and its competitors. This is 20% below median its historical median of 0.55. Over the past decade, Even Construtora Eorporadora's Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.58. According to the industry distribution chart, Even Construtora Eorporadora ranks #253 out of 1359 companies in the Real Estate industry, placing it in the top 18.6%.
Is Even Construtora Eorporadora's Cyclically Adjusted PS Ratio too high?
Even Construtora Eorporadora's current Cyclically Adjusted PS Ratio of 0.44 is 20% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.58. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Even Construtora Eorporadora's value of 0.44 is 76% below this industry median. Based on the distribution chart, Even Construtora Eorporadora ranks #253 out of 1359 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Even Construtora Eorporadora 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 Even Construtora Eorporadora's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Even Construtora Eorporadora ranks #253 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Even Construtora Eorporadora in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.83. Even Construtora Eorporadora's value of 0.44 is 76% below this benchmark. Historically, Even Construtora Eorporadora's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 1.58 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.83, Even Construtora Eorporadora 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, 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. Even Construtora Eorporadora's current Cyclically Adjusted PS Ratio of 0.44 is 76% 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 Even Construtora Eorporadora and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Even Construtora Eorporadora's current Cyclically Adjusted PS Ratio is 0.44, which is 20% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Construtora Eorporadora stock overvalued right now?
Based on GuruFocus' analysis, Even Construtora Eorporadora (BSP:EVEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.74, compared to a current price of R$5.11 — trading 69.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.44, which is 20% below median its 10-year median of 0.55 and 76% below the Real Estate industry median of 1.83. Even Construtora Eorporadora's overall GF Score™ is 71/100 with 5 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 Even Construtora Eorporadora (BSP:EVEN3), the current Cyclically Adjusted PS Ratio is 0.44 as of Jul. 23, 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 Even Construtora Eorporadora (BSP:EVEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Even Construtora Eorporadora stock appears to be undervalued. The current stock price of R$5.11 is trading 69.5% below its estimated GF Value™ of R$16.74. GuruFocus considers Even Construtora Eorporadora to be Possible Value Trap.

Key valuation signals for BSP:EVEN3:

  • Cyclically Adjusted PS Ratio: 0.44 (20% below median its 10-year median of 0.55)
  • GF Value™: R$16.74 vs. price of R$5.11 (69.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 76% below the Real Estate median (#253 of 1359)

No single metric tells the full story. See the BSP:EVEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Even Construtora Eorporadora Business Description

Address Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.
71GF Score

Get the complete analysis for BSP:EVEN3

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

R$5.11
Price
R$16.74
GF Value