PanAtlantica (BSP:PATI3) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:PATI3 PanAtlantica SA BSP:PATI3
64 GF Score
Price R$28.00
GF Value R$29.18
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is PanAtlantica Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PanAtlantica  (BSP:PATI3) 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.


PanAtlantica Cyclically Adjusted PS Ratio Related Terms


PanAtlantica Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PanAtlantica'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.

PanAtlantica Cyclically Adjusted PS Ratio Chart

PanAtlantica 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 1.29 0.55 0.43 0.34 0.36

PanAtlantica 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 0.49 0.58 0.35 0.41 0.40

BSP:PATI3 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, PanAtlantica'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.


PanAtlantica Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, PanAtlantica's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:PATI3
64GF Score
PanAtlantica SA BSP:PATI3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PanAtlantica 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.

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

For example, PanAtlantica'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)
=21.558/177.5443*177.5443
=21.558

Current CPI (Jun. 2026) = 177.5443.

PanAtlantica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.485 109.986 13.697
201612 7.410 110.802 11.873
201703 8.776 111.869 13.928
201706 8.238 112.115 13.046
201709 9.383 112.777 14.772
201712 9.112 114.068 14.183
201803 10.684 114.868 16.514
201806 11.121 117.038 16.870
201809 12.748 117.881 19.200
201812 11.463 118.340 17.198
201903 11.432 120.124 16.897
201906 11.401 120.977 16.732
201909 10.978 121.292 16.069
201912 10.624 123.436 15.281
202003 11.853 124.092 16.959
202006 9.842 123.557 14.142
202009 17.585 125.095 24.958
202012 20.735 129.012 28.535
202103 25.140 131.660 33.901
202106 31.835 133.871 42.221
202109 27.210 137.913 35.029
202112 25.065 141.992 31.341
202203 26.962 146.537 32.667
202206 25.310 149.784 30.001
202209 24.461 147.800 29.384
202212 19.588 150.207 23.153
202303 20.842 153.352 24.130
202306 19.107 154.519 21.954
202309 19.575 155.464 22.355
202312 19.000 157.148 21.466
202403 19.210 159.372 21.400
202406 20.624 161.052 22.736
202409 25.039 162.342 27.384
202412 23.281 164.740 25.090
202503 22.120 168.102 23.363
202506 19.761 169.670 20.678
202509 20.666 170.739 21.490
202512 18.036 171.765 18.643
202603 19.696 175.066 19.975
202606 21.558 177.544 21.558

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 PanAtlantica (BSP:PATI3) Overvalued in 2026?

Based on GuruFocus' analysis, PanAtlantica stock appears to be undervalued. The current stock price of R$28.00 is trading 4% below its estimated GF Value™ of R$29.18. GuruFocus considers PanAtlantica to be Fairly Valued.

Key valuation signals for BSP:PATI3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$29.18 vs. price of R$28.00 (4% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the BSP:PATI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PanAtlantica Business Description

Other Exchanges PATI4:Brazil
Address R Rudolfo Vontobel 600, P.O. Box 152 - Distrito Industrial, Gravatai, RS, BRA, 94045-405
PanAtlantica SA produces, trades, imports and exports, and processes steel and other metals. The company's products include cold-rolled strips, strapping bands, sheets and coils, blanks, slit strips and profiles. Additionally, the Company provides steel cutting services through two different processes: slitting, which cuts the steel with rotating shears to form coils, and cut-to-length, which cuts it in flat sheets.
64GF Score

Get the complete analysis for BSP:PATI3

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

R$28.00
Price
R$29.18
GF Value