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Gafisa (BSP:GFSA3) Cyclically Adjusted PS Ratio : (As of May. 18, 2024)


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What is Gafisa Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gafisa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gafisa'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.

* Premium members only.

Gafisa Cyclically Adjusted PS Ratio Chart

Gafisa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.09 - - -

Gafisa Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Dec21 Dec22 Dec23
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 0.09 0.09 - - -

Competitive Comparison of Gafisa's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Gafisa'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.


Gafisa's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Gafisa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Gafisa 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.

Gafisa's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Gafisa's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0/150.2068*150.2068
=0.000

Current CPI (Dec. 2022) = 150.2068.

Gafisa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201109 146.585 77.837 282.875
201112 -124.402 78.971 -236.620
201203 139.357 79.938 261.859
201206 129.553 80.803 240.829
201209 106.757 81.948 195.680
201212 136.414 83.581 245.154
201303 85.074 85.205 149.977
201306 107.944 86.214 188.066
201309 107.047 86.749 185.353
201312 123.122 88.522 208.918
201403 76.952 90.447 127.795
201406 102.703 91.838 167.978
201409 88.438 92.602 143.453
201412 124.311 94.194 198.234
201503 102.425 97.799 157.311
201506 116.397 100.006 174.825
201509 122.170 101.392 180.988
201512 110.196 104.247 158.779
201603 33.764 106.979 47.407
201606 42.339 108.851 58.425
201609 53.377 109.986 72.896
201612 52.490 110.802 71.157
201703 27.330 111.869 36.696
201706 33.293 112.115 44.605
201709 36.207 112.777 48.224
201712 36.888 114.068 48.575
201803 37.432 114.868 48.948
201806 50.005 117.038 64.177
201809 30.513 117.881 38.880
201812 29.431 118.340 37.356
201903 14.246 120.124 17.814
201906 9.904 120.977 12.297
201909 8.841 121.292 10.949
201912 6.680 123.436 8.129
202003 4.077 124.092 4.935
202006 4.712 123.557 5.728
202009 3.811 125.095 4.576
202012 14.378 129.012 16.740
202112 0.000 141.992 0.000
202212 0.000 150.207 0.000

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.


Gafisa  (BSP:GFSA3) 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.


Gafisa Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Gafisa's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gafisa (BSP:GFSA3) Business Description

Traded in Other Exchanges
Address
Avenida Presidente Juscelino Kubitschek, No. 1830, Block 2, 3rd Floor, Sao Paulo, SP, BRA, 04543-900
Gafisa SA is a Brazilian company that is engaged in the real estate development of residential units on behalf of third parties. It provides civil construction and civil engineering services, develops and implements marketing strategies related to its own and third-party real estate ventures, and invests in other companies that share similar objectives. The company operates in Sao Paulo and its metropolitan area.

Gafisa (BSP:GFSA3) Headlines

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