IRB Brasil Resseguros (BSP:IRBR3) Cyclically Adjusted PS Ratio: (As of Aug. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:IRBR3 IRB Brasil Resseguros SA BSP:IRBR3
58 GF Score
Price R$52.33
GF Value R$52.80
Valuation Fairly Valued
! 2 Warning Signs
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What is IRB Brasil Resseguros Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IRB Brasil Resseguros  (BSP:IRBR3) 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.


IRB Brasil Resseguros Cyclically Adjusted PS Ratio Related Terms


IRB Brasil Resseguros Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IRB Brasil Resseguros'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.

IRB Brasil Resseguros Cyclically Adjusted PS Ratio Chart

IRB Brasil Resseguros 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 0.00 0.00 0.00 0.00 0.47

IRB Brasil Resseguros 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 0.00 0.00 0.47 0.48 0.00

BSP:IRBR3 vs RGA, EG, RNR: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Reinsurance subindustry, IRB Brasil Resseguros'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.


IRB Brasil Resseguros Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, IRB Brasil Resseguros's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:IRBR3
58GF Score
IRB Brasil Resseguros SA BSP:IRBR3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IRB Brasil Resseguros 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.

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

For example, IRB Brasil Resseguros'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)
=3.037/177.5443*177.5443
=3.037

Current CPI (Jun. 2026) = 177.5443.

IRB Brasil Resseguros Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 25.370 109.986 40.953
201612 21.348 110.802 34.207
201703 27.585 111.869 43.779
201706 27.140 112.115 42.979
201709 31.678 112.777 49.870
201712 37.511 114.068 58.385
201803 26.506 114.868 40.969
201806 23.504 117.038 35.655
201809 35.674 117.881 53.730
201812 32.439 118.340 48.668
201903 33.101 120.124 48.924
201906 49.490 120.977 72.631
201909 53.176 121.292 77.838
201912 6.557 123.436 9.431
202003 47.735 124.092 68.297
202006 65.016 123.557 93.424
202009 27.713 125.095 39.332
202012 16.479 129.012 22.678
202103 35.985 131.660 48.526
202106 40.687 133.871 53.961
202109 30.198 137.913 38.876
202112 19.859 141.992 24.831
202203 31.120 146.537 37.705
202206 28.415 149.784 33.681
202209 20.937 147.800 25.151
202212 -64.848 150.207 -76.650
202303 9.974 153.352 11.547
202306 -8.632 154.519 -9.918
202309 -8.018 155.464 -9.157
202312 24.441 157.148 27.613
202403 6.440 159.372 7.174
202406 -5.695 161.052 -6.278
202409 3.178 162.342 3.476
202412 9.594 164.740 10.340
202503 6.011 168.102 6.349
202506 3.490 169.670 3.652
202509 1.561 170.739 1.623
202512 8.312 171.765 8.592
202603 3.509 175.066 3.559
202606 3.037 177.544 3.037

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 IRB Brasil Resseguros (BSP:IRBR3) Overvalued in 2026?

Based on GuruFocus' analysis, IRB Brasil Resseguros stock appears to be undervalued. The current stock price of R$52.33 is trading 0.9% below its estimated GF Value™ of R$52.80. GuruFocus considers IRB Brasil Resseguros to be Fairly Valued.

Key valuation signals for BSP:IRBR3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$52.80 vs. price of R$52.33 (0.9% below fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the BSP:IRBR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRB Brasil Resseguros Business Description

Address Avenida Republica do Chile, Centro, RJ, BRA, 330
IRB Brasil Resseguros SA is a Brazil-based company that provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. Its business segments are Brazil, Abroad, and Other.
58GF Score

Get the complete analysis for BSP:IRBR3

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

R$52.33
Price
R$52.80
GF Value