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Itausa Investimentos ITAUBSP:ITSA4 -1.01%75 Cyclically Adjusted PS Ratio is 17.68 as of Jul. 17, 2026, which is 69% above its 10-year median of 10.49. GuruFocus rates BSP:ITSA4 with a GF Score™ of 75/100 and a GF Value™ of R$10.30 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 474 Conglomerates companies, Itausa Investimentos ITAU ranks worse than 97.26% on this metric.
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: 1.89 Med: 10.49 Max: 19.61
Current: 18.26
During the past years, Itausa Investimentos ITAU's highest Cyclically Adjusted PS Ratio was 19.61. The lowest was 1.89. And the median was 10.49.
BSP:ITSA4's Cyclically Adjusted PS Ratio is ranked worse than 97.26% of 474
companies
in the Conglomerates industry
Industry Median: 0.79
vs BSP:ITSA4: 18.26
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 Mar. 2026 was R$0.180. 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$0.78 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
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
Itausa Investimentos ITAU Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
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.
Itausa Investimentos ITAU Cyclically Adjusted PS Ratio Chart
BSP:ITSA4 vs HON, MMM: Cyclically Adjusted PS Ratio Comparison
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 Cyclically Adjusted PS Ratio vs 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.
* 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.
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 17.68 mean?
Itausa Investimentos ITAU (BSP:ITSA4) has a Cyclically Adjusted PS Ratio of 17.68 as of Jul. 17, 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 Itausa Investimentos ITAU and its competitors. This is 69% above median its historical median of 10.49. Over the past decade, Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio has ranged from 1.89 to 19.61. According to the industry distribution chart, Itausa Investimentos ITAU ranks #461 out of 474 companies in the Conglomerates industry, placing it in the top 97.3%.
Is Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio too high?
Itausa Investimentos ITAU's current Cyclically Adjusted PS Ratio of 17.68 is 69% above median its 10-year median of 10.49. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 19.61. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.79. Itausa Investimentos ITAU's value of 17.68 is 2138% above this industry median. Based on the distribution chart, Itausa Investimentos ITAU ranks #461 out of 474 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Itausa Investimentos ITAU has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itausa Investimentos ITAU's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Itausa Investimentos ITAU ranks #461 out of 474 companies for Cyclically Adjusted PS Ratio. This places Itausa Investimentos ITAU in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Itausa Investimentos ITAU's value of 17.68 is 2138% above this benchmark. Historically, Itausa Investimentos ITAU's own Cyclically Adjusted PS Ratio has ranged from 1.89 to 19.61 over the past decade. While the company's 10-year median is 10.49 vs. the industry median of 0.79, Itausa Investimentos ITAU 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.79, based on 474 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. Itausa Investimentos ITAU's current Cyclically Adjusted PS Ratio of 17.68 is 2138% 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 Itausa Investimentos ITAU and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itausa Investimentos ITAU's current Cyclically Adjusted PS Ratio is 17.68, which is 69% above median its own 10-year median of 10.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itausa Investimentos ITAU stock overvalued right now?
Based on GuruFocus' analysis, Itausa Investimentos ITAU (BSP:ITSA4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.30, compared to a current price of R$13.79 — trading 33.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 17.68, which is 69% above median its 10-year median of 10.49 and 2138% above the Conglomerates industry median of 0.79. Itausa Investimentos ITAU's overall GF Score™ is 75/100 with 9 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 Itausa Investimentos ITAU (BSP:ITSA4), the current Cyclically Adjusted PS Ratio is 17.68 as of Jul. 17, 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 Itausa Investimentos ITAU (BSP:ITSA4) Overvalued in 2026?
Based on GuruFocus' analysis, Itausa Investimentos ITAU stock appears to be overvalued.
The current stock price of R$13.79 is trading 33.9% above its estimated GF Value™ of R$10.30.
GuruFocus considers Itausa Investimentos ITAU to be Significantly Overvalued.
Key valuation signals for BSP:ITSA4:
Cyclically Adjusted PS Ratio: 17.68 (69% above median its 10-year median of 10.49)
GF Value™: R$10.30 vs. price of R$13.79 (33.9% above fair value)
Industry Position: 2138% above the Conglomerates median (#461 of 474)
No single metric tells the full story. See the BSP:ITSA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itausa Investimentos ITAU SA is a Brazilian investment holding company. The purpose of the company is to hold equity interests in other companies, in Brazil or abroad, for investment in any sectors of the economy, including through investment funds, disseminating among its investees its principles of appreciation of human capital, governance, and ethics in business. Its portfolio consists of brands such as Itau Unibanco, Motiva, Alpargatas, Aegea, Copa Energia, and Nova Transportadora do Sudeste (NTS). The majority of the revenue for the company is generated from Itau Unibanco, which is a banking institution that offers, directly or using its subsidiaries, a broad range of credit products and other financial services to a diversified individual & corporate client base in Brazil and abroad.
75GF Score
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