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Itausa Investimentos ITAU (BSP:ITSA4) Cyclically Adjusted PS Ratio : 12.40 (As of Jan. 18, 2025)


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What is Itausa Investimentos ITAU Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Itausa Investimentos ITAU's current share price is R$9.05. Itausa Investimentos ITAU's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was R$0.73. Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio for today is 12.40.

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

BSP:ITSA4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 8.13   Max: 14.59
Current: 12.49

During the past years, Itausa Investimentos ITAU's highest Cyclically Adjusted PS Ratio was 14.59. The lowest was 1.84. And the median was 8.13.

BSP:ITSA4's Cyclically Adjusted PS Ratio is ranked worse than
93.96% of 414 companies
in the Conglomerates industry
Industry Median: 0.82 vs BSP:ITSA4: 12.49

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.

Itausa Investimentos ITAU's adjusted revenue per share data for the three months ended in Sep. 2024 was R$0.207. 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$0.73 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itausa Investimentos ITAU Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Itausa Investimentos ITAU'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.

Itausa Investimentos ITAU Cyclically Adjusted PS Ratio Chart

Itausa Investimentos ITAU 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 7.95 7.79 11.34 11.40 13.79

Itausa Investimentos ITAU Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 11.67 13.79 13.80 12.87 14.40

Competitive Comparison of Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Itausa Investimentos ITAU'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.


Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Itausa Investimentos ITAU 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.

Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.05/0.73
=12.40

* 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.

Itausa Investimentos ITAU's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Itausa Investimentos ITAU's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.207/162.3424*162.3424
=0.207

Current CPI (Sep. 2024) = 162.3424.

Itausa Investimentos ITAU Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.122 94.194 0.210
201503 0.115 97.799 0.191
201506 0.110 100.006 0.179
201509 0.123 101.392 0.197
201512 0.112 104.247 0.174
201603 0.105 106.979 0.159
201606 0.114 108.851 0.170
201609 0.110 109.986 0.162
201612 0.115 110.802 0.168
201703 0.113 111.869 0.164
201706 0.109 112.115 0.158
201709 0.123 112.777 0.177
201712 0.130 114.068 0.185
201803 0.132 114.868 0.187
201806 0.125 117.038 0.173
201809 0.140 117.881 0.193
201812 0.117 118.340 0.161
201903 0.100 120.124 0.135
201906 0.106 120.977 0.142
201909 0.122 121.292 0.163
201912 0.138 123.436 0.181
202003 0.108 124.092 0.141
202006 0.097 123.557 0.127
202009 0.165 125.095 0.214
202012 0.176 129.012 0.221
202103 0.164 131.660 0.202
202106 0.184 133.871 0.223
202109 0.213 137.913 0.251
202112 0.136 141.992 0.155
202203 0.198 146.537 0.219
202206 0.206 149.784 0.223
202209 0.202 147.800 0.222
202212 0.185 150.207 0.200
202303 0.160 153.352 0.169
202306 0.183 154.519 0.192
202309 0.165 155.464 0.172
202312 0.180 157.148 0.186
202403 0.179 159.372 0.182
202406 0.184 161.052 0.185
202409 0.207 162.342 0.207

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.


Itausa Investimentos ITAU  (BSP:ITSA4) 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.


Itausa Investimentos ITAU Cyclically Adjusted PS Ratio Related Terms

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Itausa Investimentos ITAU Business Description

Traded in Other Exchanges
Address
Avenue Paulista, 1938, 5th Floor, Bela Vista, Sao Paulo, SP, BRA, 01310-200
Itausa Investimentos ITAU SA is a Brazilian investment holding company. It has equity interests in the companies engaged in the financial, consumer goods, construction materials, sanitation, energy and infrastructure sectors. Its portfolio, consists of brands such as: Itau Unibanco, Dexco, Alpargatas, CCR, Aegea Saneamento, Copa Energia and Nova Transportadora do Sudeste (NTS). Majority of the revenue for the company is generated from Itau Unibanco which is a banking institution that offers, directly or by means of its subsidiaries, a broad range of credit products and other financial services to a diversified individual and corporate client base in Brazil and abroad.

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