Iguatemi (BSP:IGTI3) Cyclically Adjusted PS Ratio: 2.74 (As of Jul. 31, 2026) — Near Median

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BSP:IGTI3 Iguatemi SA BSP:IGTI3
87 GF Score
Price R$3.15
GF Value R$3.53
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Iguatemi Cyclically Adjusted PS Ratio?

Iguatemi BSP:IGTI3 +1.61% 87 Cyclically Adjusted PS Ratio is 2.74 as of Jul. 31, 2026, which is 5% above its 10-year median of 2.61. GuruFocus rates BSP:IGTI3 with a GF Score™ of 87/100 and a GF Value™ of R$3.53 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,355 Real Estate companies, Iguatemi ranks worse than 61.99% on this metric.

As of today (2026-07-31), Iguatemi's current share price is R$3.15. Iguatemi's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$1.15. Iguatemi's Cyclically Adjusted PS Ratio for today is 2.74.

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

BSP:IGTI3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 2.61   Max: 3.8
Current: 2.81

During the past years, Iguatemi's highest Cyclically Adjusted PS Ratio was 3.80. The lowest was 0.73. And the median was 2.61.

BSP:IGTI3's Cyclically Adjusted PS Ratio is ranked worse than
61.99% of 1355 companies
in the Real Estate industry
Industry Median: 1.82 vs BSP:IGTI3: 2.81

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.

Iguatemi's adjusted revenue per share data for the three months ended in Mar. 2026 was R$0.297. 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$1.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iguatemi  (BSP:IGTI3) 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.


Iguatemi Cyclically Adjusted PS Ratio Related Terms


Iguatemi Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Iguatemi'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.

Iguatemi Cyclically Adjusted PS Ratio Chart

Iguatemi 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 3.08 2.78 2.96 2.04 2.75

Iguatemi 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 2.09 2.67 2.72 2.75 2.80

BSP:IGTI3 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Iguatemi'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.


Iguatemi Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


BSP:IGTI3
87GF Score
Iguatemi SA BSP:IGTI3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iguatemi 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.

Iguatemi's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.15/1.15
=2.74

* 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.

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

For example, Iguatemi'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)
=0.297/175.0655*175.0655
=0.297

Current CPI (Mar. 2026) = 175.0655.

Iguatemi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.174 108.851 0.280
201609 0.173 109.986 0.275
201612 0.256 110.802 0.404
201703 0.191 111.869 0.299
201706 0.193 112.115 0.301
201709 0.193 112.777 0.300
201712 0.212 114.068 0.325
201803 0.192 114.868 0.293
201806 0.199 117.038 0.298
201809 0.202 117.881 0.300
201812 0.228 118.340 0.337
201903 0.197 120.124 0.287
201906 0.214 120.977 0.310
201909 0.208 121.292 0.300
201912 0.241 123.436 0.342
202003 0.177 124.092 0.250
202006 0.181 123.557 0.256
202009 0.205 125.095 0.287
202012 0.153 129.012 0.208
202103 0.190 131.660 0.253
202106 0.192 133.871 0.251
202109 0.237 137.913 0.301
202112 0.267 141.992 0.329
202203 0.193 146.537 0.231
202206 0.207 149.784 0.242
202209 0.257 147.800 0.304
202212 0.234 150.207 0.273
202303 0.217 153.352 0.248
202306 0.243 154.519 0.275
202309 0.233 155.464 0.262
202312 0.258 157.148 0.287
202403 0.228 159.372 0.250
202406 0.234 161.052 0.254
202409 0.243 162.342 0.262
202412 0.287 164.740 0.305
202503 0.252 168.102 0.262
202506 0.320 169.670 0.330
202509 0.305 170.739 0.313
202512 0.332 171.765 0.338
202603 0.297 175.066 0.297

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 2.74 mean?
Iguatemi (BSP:IGTI3) has a Cyclically Adjusted PS Ratio of 2.74 as of Jul. 31, 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 Iguatemi and its competitors. This is near median its historical median of 2.61. Over the past decade, Iguatemi's Cyclically Adjusted PS Ratio has ranged from 0.73 to 3.80. According to the industry distribution chart, Iguatemi ranks #840 out of 1355 companies in the Real Estate industry, placing it in the top 62%.
Is Iguatemi's Cyclically Adjusted PS Ratio too high?
Iguatemi's current Cyclically Adjusted PS Ratio of 2.74 is near median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 3.80. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Iguatemi's value of 2.74 is 50.5% above this industry median. Based on the distribution chart, Iguatemi ranks #840 out of 1355 companies in the Real Estate industry, which is below the industry midpoint. Overall, Iguatemi has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iguatemi's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Iguatemi ranks #840 out of 1355 companies for Cyclically Adjusted PS Ratio. This places Iguatemi in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Iguatemi's value of 2.74 is 50.5% above this benchmark. Historically, Iguatemi's own Cyclically Adjusted PS Ratio has ranged from 0.73 to 3.80 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.82, Iguatemi 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,355 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. Iguatemi's current Cyclically Adjusted PS Ratio of 2.74 is 50.5% 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 Iguatemi and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iguatemi's current Cyclically Adjusted PS Ratio is 2.74, which is near median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iguatemi stock overvalued right now?
Based on GuruFocus' analysis, Iguatemi (BSP:IGTI3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$3.53, compared to a current price of R$3.15 — trading 10.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.74, which is near median its 10-year median of 2.61 and 50.5% above the Real Estate industry median of 1.82. Iguatemi's overall GF Score™ is 87/100 with 2 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 Iguatemi (BSP:IGTI3), the current Cyclically Adjusted PS Ratio is 2.74 as of Jul. 31, 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 Iguatemi (BSP:IGTI3) Overvalued in 2026?

Based on GuruFocus' analysis, Iguatemi stock appears to be undervalued. The current stock price of R$3.15 is trading 10.8% below its estimated GF Value™ of R$3.53. GuruFocus considers Iguatemi to be Modestly Undervalued.

Key valuation signals for BSP:IGTI3:

  • Cyclically Adjusted PS Ratio: 2.74 (near median its 10-year median of 2.61)
  • GF Value™: R$3.53 vs. price of R$3.15 (10.8% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 50.5% above the Real Estate median (#840 of 1355)

No single metric tells the full story. See the BSP:IGTI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iguatemi Business Description

Other Exchanges IGTI4:Brazil
Address Angelina Maffei Vita Street, 200, 9th floor departs, Jardim Paulistano, Sao Paulo, SP, BRA, 01455-070
Iguatemi SA is engaged in the commercial development and planning of shopping malls, as well as the provision of services related to the management of regional shopping centers and mixed-use real estate complexes. The company is also involved in the purchase and sale of properties, operation of short-stay parking facilities, intermediation in the leasing of promotional spaces, investment in other companies, and the provision of economic, financial, and tax advisory and consulting services.
87GF Score

Get the complete analysis for BSP:IGTI3

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

R$3.15
Price
R$3.53
GF Value