TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) Cyclically Adjusted PS Ratio: 0.29 (As of Jul. 09, 2026) — 93% Above Median


BSP:TPIS3 TPI Triunfo Participacoes e Investimentos SA BSP:TPIS3
40 GF Score
Price R$10.04
GF Value R$3.58
Valuation Significantly Overvalued
! 7 Warning Signs
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What is TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PS Ratio?

TPI Triunfo Participacoes e Investimentos BSP:TPIS3 -0.40% 40 Cyclically Adjusted PS Ratio is 0.29 as of Jul. 09, 2026, which is 93% above its 10-year median of 0.15. GuruFocus rates BSP:TPIS3 with a GF Score™ of 40/100 and a GF Value™ of R$3.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,353 Construction companies, TPI Triunfo Participacoes e Investimentos ranks better than 75.68% on this metric.

As of today (2026-07-09), TPI Triunfo Participacoes e Investimentos's current share price is R$10.04. TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$34.32. TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PS Ratio for today is 0.29.

The historical rank and industry rank for TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:TPIS3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.15   Max: 0.45
Current: 0.3

During the past years, TPI Triunfo Participacoes e Investimentos's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.07. And the median was 0.15.

BSP:TPIS3's Cyclically Adjusted PS Ratio is ranked better than
75.68% of 1353 companies
in the Construction industry
Industry Median: 0.71 vs BSP:TPIS3: 0.30

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.

TPI Triunfo Participacoes e Investimentos's adjusted revenue per share data for the three months ended in Mar. 2026 was R$2.880. 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$34.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TPI Triunfo Participacoes e Investimentos  (BSP:TPIS3) 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.


TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PS Ratio Related Terms


TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TPI Triunfo Participacoes e Investimentos'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.

TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PS Ratio Chart

TPI Triunfo Participacoes e Investimentos 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 0.20 0.08 0.10 0.13 0.15

TPI Triunfo Participacoes e Investimentos 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 0.12 0.11 0.11 0.15 0.20

TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PS Ratio Competitor Comparison

For the Infrastructure Operations subindustry, TPI Triunfo Participacoes e Investimentos'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.


TPI Triunfo Participacoes e Investimentos Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PS Ratio falls into.


BSP:TPIS3
40GF Score
TPI Triunfo Participacoes e Investimentos SA BSP:TPIS3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TPI Triunfo Participacoes e Investimentos 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.

TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.04/34.32
=0.29

* 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.

TPI Triunfo Participacoes e Investimentos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TPI Triunfo Participacoes e Investimentos'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)
=2.88/175.0655*175.0655
=2.880

Current CPI (Mar. 2026) = 175.0655.

TPI Triunfo Participacoes e Investimentos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.748 108.851 14.069
201609 8.059 109.986 12.828
201612 9.231 110.802 14.585
201703 8.112 111.869 12.695
201706 9.333 112.115 14.573
201709 8.609 112.777 13.364
201712 8.360 114.068 12.831
201803 7.352 114.868 11.205
201806 7.001 117.038 10.472
201809 6.897 117.881 10.243
201812 6.315 118.340 9.342
201903 5.081 120.124 7.405
201906 5.100 120.977 7.380
201909 6.124 121.292 8.839
201912 6.528 123.436 9.258
202003 5.854 124.092 8.259
202006 4.968 123.557 7.039
202009 5.500 125.095 7.697
202012 6.020 129.012 8.169
202103 5.622 131.660 7.475
202106 5.951 133.871 7.782
202109 6.639 137.913 8.427
202112 5.956 141.992 7.343
202203 4.234 146.537 5.058
202206 11.542 149.784 13.490
202209 4.578 147.800 5.423
202212 5.509 150.207 6.421
202303 5.059 153.352 5.775
202306 5.022 154.519 5.690
202309 7.467 155.464 8.408
202312 6.151 157.148 6.852
202403 5.952 159.372 6.538
202406 7.356 161.052 7.996
202409 6.809 162.342 7.343
202412 6.456 164.740 6.861
202503 4.484 168.102 4.670
202506 5.953 169.670 6.142
202509 6.556 170.739 6.722
202512 5.516 171.765 5.622
202603 2.880 175.066 2.880

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 0.29 mean?
TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) has a Cyclically Adjusted PS Ratio of 0.29 as of Jul. 09, 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 TPI Triunfo Participacoes e Investimentos and its competitors. This is 93% above median its historical median of 0.15. Over the past decade, TPI Triunfo Participacoes e Investimentos' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.45. According to the industry distribution chart, TPI Triunfo Participacoes e Investimentos ranks #329 out of 1353 companies in the Construction industry, placing it in the top 24.3%.
Is TPI Triunfo Participacoes e Investimentos' Cyclically Adjusted PS Ratio too high?
TPI Triunfo Participacoes e Investimentos' current Cyclically Adjusted PS Ratio of 0.29 is 93% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.45. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. TPI Triunfo Participacoes e Investimentos' value of 0.29 is 59.2% below this industry median. Based on the distribution chart, TPI Triunfo Participacoes e Investimentos ranks #329 out of 1353 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TPI Triunfo Participacoes e Investimentos has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TPI Triunfo Participacoes e Investimentos' Cyclically Adjusted PS Ratio compare to competitors?
According to the Construction industry distribution chart, TPI Triunfo Participacoes e Investimentos ranks #329 out of 1353 companies for Cyclically Adjusted PS Ratio. This places TPI Triunfo Participacoes e Investimentos in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.71. TPI Triunfo Participacoes e Investimentos' value of 0.29 is 59.2% below this benchmark. Historically, TPI Triunfo Participacoes e Investimentos' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.45 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.71, TPI Triunfo Participacoes e Investimentos 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,353 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. TPI Triunfo Participacoes e Investimentos's current Cyclically Adjusted PS Ratio of 0.29 is 59.2% 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 TPI Triunfo Participacoes e Investimentos and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Triunfo Participacoes e Investimentos's current Cyclically Adjusted PS Ratio is 0.29, which is 93% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Triunfo Participacoes e Investimentos stock overvalued right now?
Based on GuruFocus' analysis, TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$3.58, compared to a current price of R$10.04 — trading 180.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 93% above median its 10-year median of 0.15 and 59.2% below the Construction industry median of 0.71. TPI Triunfo Participacoes e Investimentos' overall GF Score™ is 40/100 with 7 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 TPI Triunfo Participacoes e Investimentos (BSP:TPIS3), the current Cyclically Adjusted PS Ratio is 0.29 as of Jul. 09, 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 TPI Triunfo Participacoes e Investimentos (BSP:TPIS3) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Triunfo Participacoes e Investimentos stock appears to be overvalued. The current stock price of R$10.04 is trading 180.4% above its estimated GF Value™ of R$3.58. GuruFocus considers TPI Triunfo Participacoes e Investimentos to be Significantly Overvalued.

Key valuation signals for BSP:TPIS3:

  • Cyclically Adjusted PS Ratio: 0.29 (93% above median its 10-year median of 0.15)
  • GF Value™: R$3.58 vs. price of R$10.04 (180.4% above fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 59.2% below the Construction median (#329 of 1353)

No single metric tells the full story. See the BSP:TPIS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TPI Triunfo Participacoes e Investimentos Business Description

Address Olympics Street 205, 14th floor, suite 143, Sao Paulo, SP, BRA, 04551-000
TPI Triunfo Participacoes e Investimentos SA provides construction and operations of infrastructure facilities. The company's operating segments include Toll Roads Segment, Energy Segment, Logistic Segment, Holding and Other. Company generates majority of the revenue from Toll roads segment.
40GF Score

Get the complete analysis for BSP:TPIS3

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

R$10.04
Price
R$3.58
GF Value