Companhia Celg de Participacoes (BSP:GPAR3) Cyclically Adjusted PS Ratio: 2.36 (As of Jul. 18, 2026) — 60% Below Median

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BSP:GPAR3 Companhia Celg de Participacoes SA BSP:GPAR3
48 GF Score
Price R$10.51
GF Value R$63.57
Valuation Possible Value Trap
! 3 Warning Signs
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What is Companhia Celg de Participacoes Cyclically Adjusted PS Ratio?

Companhia Celg de Participacoes BSP:GPAR3 48 Cyclically Adjusted PS Ratio is 2.36 as of Jul. 18, 2026, which is 60% below its 10-year median of 5.97. GuruFocus rates BSP:GPAR3 with a GF Score™ of 48/100 and a GF Value™ of R$63.57 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 441 Utilities - Regulated companies, Companhia Celg de Participacoes ranks worse than 72.79% on this metric.

As of today (2026-07-18), Companhia Celg de Participacoes's current share price is R$10.51. Companhia Celg de Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 was R$4.45. Companhia Celg de Participacoes's Cyclically Adjusted PS Ratio for today is 2.36.

The historical rank and industry rank for Companhia Celg de Participacoes's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:GPAR3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 5.97   Max: 20.77
Current: 2.7

During the past years, Companhia Celg de Participacoes's highest Cyclically Adjusted PS Ratio was 20.77. The lowest was 0.30. And the median was 5.97.

BSP:GPAR3's Cyclically Adjusted PS Ratio is ranked worse than
72.79% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs BSP:GPAR3: 2.70

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.

Companhia Celg de Participacoes's adjusted revenue per share data for the three months ended in Sep. 2025 was R$0.118. 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$4.45 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Companhia Celg de Participacoes  (BSP:GPAR3) 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.


Companhia Celg de Participacoes Cyclically Adjusted PS Ratio Related Terms


Companhia Celg de Participacoes Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Companhia Celg de Participacoes'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.

Companhia Celg de Participacoes Cyclically Adjusted PS Ratio Chart

Companhia Celg de Participacoes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 0.00 9.72 10.90 10.50

Companhia Celg de Participacoes Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 10.52 10.50 5.54 5.11 3.38

BSP:GPAR3 vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Companhia Celg de Participacoes'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.


Companhia Celg de Participacoes Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where Companhia Celg de Participacoes's Cyclically Adjusted PS Ratio falls into.


BSP:GPAR3
48GF Score
Companhia Celg de Participacoes SA BSP:GPAR3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia Celg de Participacoes 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.

Companhia Celg de Participacoes's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.51/4.45
=2.36

* 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.

Companhia Celg de Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Companhia Celg de Participacoes's adjusted Revenue per Share data for the three months ended in Sep. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.118/170.7391*170.7391
=0.118

Current CPI (Sep. 2025) = 170.7391.

Companhia Celg de Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.230 104.247 0.377
201603 0.346 106.979 0.552
201606 1.038 108.851 1.628
201609 1.654 109.986 2.568
201612 1.402 110.802 2.160
201703 1.949 111.869 2.975
201706 1.658 112.115 2.525
201709 1.785 112.777 2.702
201712 2.217 114.068 3.318
201803 1.739 114.868 2.585
201806 1.463 117.038 2.134
201809 1.586 117.881 2.297
201812 1.393 118.340 2.010
201903 1.251 120.124 1.778
201906 1.486 120.977 2.097
201909 1.943 121.292 2.735
201912 1.711 123.436 2.367
202003 1.665 124.092 2.291
202006 0.715 123.557 0.988
202009 0.615 125.095 0.839
202012 1.541 129.012 2.039
202103 1.161 131.660 1.506
202106 0.886 133.871 1.130
202109 0.236 137.913 0.292
202112 -2.221 141.992 -2.671
202203 0.054 146.537 0.063
202206 0.073 149.784 0.083
202209 -0.029 147.800 -0.034
202212 0.045 150.207 0.051
202303 0.049 153.352 0.055
202306 0.096 154.519 0.106
202309 0.089 155.464 0.098
202312 0.090 157.148 0.098
202403 0.105 159.372 0.112
202406 0.110 161.052 0.117
202409 0.095 162.342 0.100
202412 0.086 164.740 0.089
202503 0.118 168.102 0.120
202506 0.116 169.670 0.117
202509 0.118 170.739 0.118

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 2.36 mean?
Companhia Celg de Participacoes (BSP:GPAR3) has a Cyclically Adjusted PS Ratio of 2.36 as of Jul. 18, 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 Companhia Celg de Participacoes and its competitors. This is 60% below median its historical median of 5.97. Over the past decade, Companhia Celg de Participacoes' Cyclically Adjusted PS Ratio has ranged from 0.30 to 20.77. According to the industry distribution chart, Companhia Celg de Participacoes ranks #321 out of 441 companies in the Utilities - Regulated industry, placing it in the top 72.8%.
Is Companhia Celg de Participacoes' Cyclically Adjusted PS Ratio too high?
Companhia Celg de Participacoes' current Cyclically Adjusted PS Ratio of 2.36 is 60% below median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 20.77. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.42. Companhia Celg de Participacoes' value of 2.36 is 66.2% above this industry median. Based on the distribution chart, Companhia Celg de Participacoes ranks #321 out of 441 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Companhia Celg de Participacoes has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Celg de Participacoes' Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia Celg de Participacoes ranks #321 out of 441 companies for Cyclically Adjusted PS Ratio. This places Companhia Celg de Participacoes in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.42. Companhia Celg de Participacoes' value of 2.36 is 66.2% above this benchmark. Historically, Companhia Celg de Participacoes' own Cyclically Adjusted PS Ratio has ranged from 0.30 to 20.77 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 1.42, Companhia Celg de Participacoes has consistently been above 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. Companhia Celg de Participacoes's current Cyclically Adjusted PS Ratio of 2.36 is 66.2% above 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 Companhia Celg de Participacoes 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. Companhia Celg de Participacoes's current Cyclically Adjusted PS Ratio is 2.36, which is 60% below median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Celg de Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Companhia Celg de Participacoes (BSP:GPAR3) is currently considered Possible Value Trap. The stock's GF Value™ is R$63.57, compared to a current price of R$10.51 — trading 83.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.36, which is 60% below median its 10-year median of 5.97 and 66.2% above the Utilities - Regulated industry median of 1.42. Companhia Celg de Participacoes' overall GF Score™ is 48/100 with 3 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 Companhia Celg de Participacoes (BSP:GPAR3), the current Cyclically Adjusted PS Ratio is 2.36 as of Jul. 18, 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 Companhia Celg de Participacoes (BSP:GPAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Celg de Participacoes stock appears to be undervalued. The current stock price of R$10.51 is trading 83.5% below its estimated GF Value™ of R$63.57. GuruFocus considers Companhia Celg de Participacoes to be Possible Value Trap.

Key valuation signals for BSP:GPAR3:

  • Cyclically Adjusted PS Ratio: 2.36 (60% below median its 10-year median of 5.97)
  • GF Value™: R$63.57 vs. price of R$10.51 (83.5% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 66.2% above the Utilities - Regulated median (#321 of 441)

No single metric tells the full story. See the BSP:GPAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia Celg de Participacoes Business Description

Address Rua 2, Quadra A-37, No- 505, Edificio Gileno Godoi, Goiania, BRA, 74805-180
Companhia Celg de Participacoes SA operates as the holding company in electricity sector. The Company generates, distributes, transmits and markets electric energy in Brazil.
48GF Score

Get the complete analysis for BSP:GPAR3

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

R$10.51
Price
R$63.57
GF Value