Magazine Luiza (BSP:MGLU3) Cyclically Adjusted PS Ratio: 0.11 (As of Jul. 20, 2026) — 88% Below Median

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BSP:MGLU3 Magazine Luiza SA BSP:MGLU3
68 GF Score
Price R$4.92
GF Value R$10.21
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Magazine Luiza Cyclically Adjusted PS Ratio?

Magazine Luiza BSP:MGLU3 68 Cyclically Adjusted PS Ratio is 0.11 as of Jul. 20, 2026, which is 88% below its 10-year median of 0.93. GuruFocus rates BSP:MGLU3 with a GF Score™ of 68/100 and a GF Value™ of R$10.21 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 793 Retail - Cyclical companies, Magazine Luiza ranks better than 87.26% on this metric.

As of today (2026-07-20), Magazine Luiza's current share price is R$4.92. Magazine Luiza's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$46.55. Magazine Luiza's Cyclically Adjusted PS Ratio for today is 0.11.

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

BSP:MGLU3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.93   Max: 11.49
Current: 0.11

During the past years, Magazine Luiza's highest Cyclically Adjusted PS Ratio was 11.49. The lowest was 0.10. And the median was 0.93.

BSP:MGLU3's Cyclically Adjusted PS Ratio is ranked better than
87.26% of 793 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs BSP:MGLU3: 0.11

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.

Magazine Luiza's adjusted revenue per share data for the three months ended in Mar. 2026 was R$11.794. 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$46.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magazine Luiza  (BSP:MGLU3) 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.


Magazine Luiza Cyclically Adjusted PS Ratio Related Terms


Magazine Luiza Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Magazine Luiza'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.

Magazine Luiza Cyclically Adjusted PS Ratio Chart

Magazine Luiza 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 2.30 0.74 0.52 0.15 0.20

Magazine Luiza 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 0.23 0.22 0.21 0.20 0.19

BSP:MGLU3 vs CASY, WSM, DKS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Magazine Luiza'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.


Magazine Luiza Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Magazine Luiza's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:MGLU3
68GF Score
Magazine Luiza SA BSP:MGLU3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magazine Luiza 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.

Magazine Luiza's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.92/46.55
=0.11

* 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.

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

For example, Magazine Luiza'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)
=11.794/175.0655*175.0655
=11.794

Current CPI (Mar. 2026) = 175.0655.

Magazine Luiza Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.435 108.851 5.525
201609 3.597 109.986 5.725
201612 4.590 110.802 7.252
201703 4.517 111.869 7.069
201706 4.362 112.115 6.811
201709 4.488 112.777 6.967
201712 5.286 114.068 8.113
201803 5.296 114.868 8.071
201806 5.445 117.038 8.145
201809 5.333 117.881 7.920
201812 6.737 118.340 9.966
201903 6.326 120.124 9.219
201906 6.278 120.977 9.085
201909 7.037 121.292 10.157
201912 7.330 123.436 10.396
202003 7.095 124.092 10.009
202006 7.686 123.557 10.890
202009 11.294 125.095 15.805
202012 13.687 129.012 18.573
202103 11.263 131.660 14.976
202106 12.606 133.871 16.485
202109 11.494 137.913 14.590
202112 11.735 141.992 14.468
202203 11.593 146.537 13.850
202206 11.426 149.784 13.355
202209 11.920 147.800 14.119
202212 14.690 150.207 17.121
202303 11.968 153.352 13.663
202306 11.413 154.519 12.931
202309 11.425 155.464 12.866
202312 13.979 157.148 15.573
202403 11.883 159.372 13.053
202406 11.583 161.052 12.591
202409 11.557 162.342 12.463
202412 13.898 164.740 14.769
202503 12.090 168.102 12.591
202506 11.735 169.670 12.108
202509 11.586 170.739 11.880
202512 14.305 171.765 14.580
202603 11.794 175.066 11.794

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 0.11 mean?
Magazine Luiza (BSP:MGLU3) has a Cyclically Adjusted PS Ratio of 0.11 as of Jul. 20, 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 Magazine Luiza and its competitors. This is 88% below median its historical median of 0.93. Over the past decade, Magazine Luiza's Cyclically Adjusted PS Ratio has ranged from 0.10 to 11.49. According to the industry distribution chart, Magazine Luiza ranks #101 out of 793 companies in the Retail - Cyclical industry, placing it in the top 12.7%.
Is Magazine Luiza's Cyclically Adjusted PS Ratio too high?
Magazine Luiza's current Cyclically Adjusted PS Ratio of 0.11 is 88% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 11.49. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Magazine Luiza's value of 0.11 is 78% below this industry median. Based on the distribution chart, Magazine Luiza ranks #101 out of 793 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Magazine Luiza has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magazine Luiza's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Magazine Luiza ranks #101 out of 793 companies for Cyclically Adjusted PS Ratio. This places Magazine Luiza in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.50. Magazine Luiza's value of 0.11 is 78% below this benchmark. Historically, Magazine Luiza's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 11.49 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.50, Magazine Luiza has consistently been below 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 793 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. Magazine Luiza's current Cyclically Adjusted PS Ratio of 0.11 is 78% below 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 Magazine Luiza and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magazine Luiza's current Cyclically Adjusted PS Ratio is 0.11, which is 88% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magazine Luiza stock overvalued right now?
Based on GuruFocus' analysis, Magazine Luiza (BSP:MGLU3) is currently considered Possible Value Trap. The stock's GF Value™ is R$10.21, compared to a current price of R$4.92 — trading 51.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 88% below median its 10-year median of 0.93 and 78% below the Retail - Cyclical industry median of 0.50. Magazine Luiza's overall GF Score™ is 68/100 with 6 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 Magazine Luiza (BSP:MGLU3), the current Cyclically Adjusted PS Ratio is 0.11 as of Jul. 20, 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 Magazine Luiza (BSP:MGLU3) Overvalued in 2026?

Based on GuruFocus' analysis, Magazine Luiza stock appears to be undervalued. The current stock price of R$4.92 is trading 51.8% below its estimated GF Value™ of R$10.21. GuruFocus considers Magazine Luiza to be Possible Value Trap.

Key valuation signals for BSP:MGLU3:

  • Cyclically Adjusted PS Ratio: 0.11 (88% below median its 10-year median of 0.93)
  • GF Value™: R$10.21 vs. price of R$4.92 (51.8% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 78% below the Retail - Cyclical median (#101 of 793)

No single metric tells the full story. See the BSP:MGLU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magazine Luiza Business Description

Other Exchanges MGLUY:USA
Address Rua Arnulfo de Lima, 2385 - Vila Santa Cruz, Franca, SP, BRA, 14403-471
Magazine Luiza SA is engaged in retail sales, through physical stores, e-commerce, and its SuperApp, which is an application that offers products and services from its subsidiaries, as well as from commercial partners (sellers) through the marketplace platform. Its operations include four segments, Retail segment: substantially resale of goods and services in the Company's stores, electronic commerce, and food delivery management platform; Financial operations: through the joint venture Luizacred, whose main purpose is to provide credit to the Company's customers for the purchase of products; Insurance operations, and Other services. The company derives maximum revenue from the Retail segment.
68GF Score

Get the complete analysis for BSP:MGLU3

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

R$4.92
Price
R$10.21
GF Value