GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Centrais Eletricas Brasileiras SA (FRA:L3XB) » Definitions » Cyclically Adjusted PS Ratio

Centrais Eletricas Brasileiras (FRA:L3XB) Cyclically Adjusted PS Ratio : 1.26 (As of May. 17, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Centrais Eletricas Brasileiras's current share price is €6.70. Centrais Eletricas Brasileiras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.32. Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio for today is 1.26.

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

FRA:L3XB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.2   Max: 1.75
Current: 1.33

During the past years, Centrais Eletricas Brasileiras's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.39. And the median was 1.20.

FRA:L3XB's Cyclically Adjusted PS Ratio is ranked better than
59.77% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.89 vs FRA:L3XB: 1.33

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.

Centrais Eletricas Brasileiras's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.687. 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 €5.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Centrais Eletricas Brasileiras'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.

Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio Chart

Centrais Eletricas Brasileiras 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 1.27 1.28 1.13 1.44 1.46

Centrais Eletricas Brasileiras Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.13 1.35 1.27 1.46 1.44

Competitive Comparison of Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.


Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Centrais Eletricas Brasileiras 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.70/5.32
=1.26

* 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.

Centrais Eletricas Brasileiras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Centrais Eletricas Brasileiras's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.687/159.3724*159.3724
=0.687

Current CPI (Mar. 2024) = 159.3724.

Centrais Eletricas Brasileiras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.661 91.838 2.882
201409 1.616 92.602 2.781
201412 2.178 94.194 3.685
201503 1.873 97.799 3.052
201506 1.741 100.006 2.774
201509 1.211 101.392 1.904
201512 1.303 104.247 1.992
201603 1.213 106.979 1.807
201606 6.310 108.851 9.239
201609 1.724 109.986 2.498
201612 0.473 110.802 0.680
201703 1.957 111.869 2.788
201706 1.815 112.115 2.580
201709 1.738 112.777 2.456
201712 0.492 114.068 0.687
201803 1.026 114.868 1.424
201806 0.992 117.038 1.351
201809 1.024 117.881 1.384
201812 1.267 118.340 1.706
201903 1.101 120.124 1.461
201906 1.120 120.977 1.475
201909 1.192 121.292 1.566
201912 1.403 123.436 1.811
202003 0.898 124.092 1.153
202006 0.582 123.557 0.751
202009 0.664 125.095 0.846
202012 0.594 129.012 0.734
202103 0.780 131.660 0.944
202106 0.705 133.871 0.839
202109 0.946 137.913 1.093
202112 1.048 141.992 1.176
202203 0.950 146.537 1.033
202206 0.755 149.784 0.803
202209 0.674 147.800 0.727
202212 0.705 150.207 0.748
202303 0.710 153.352 0.738
202306 0.780 154.519 0.805
202309 0.739 155.464 0.758
202312 0.827 157.148 0.839
202403 0.687 159.372 0.687

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.


Centrais Eletricas Brasileiras  (FRA:L3XB) 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.


Centrais Eletricas Brasileiras Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Centrais Eletricas Brasileiras's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Centrais Eletricas Brasileiras (FRA:L3XB) Business Description

Address
Rua da Quitanda 196, 9th floor, Centro, Rio de Janeiro, RJ, BRA, 20091-005
Centrais Eletricas Brasileiras SA, or Eletrobras, is a mixed capital, Brazilian electric utility company of which the majority shareholder is the Government of Brazil. Eletrobras, through its subsidiaries, controls a sizable amount of total installed electricity generation, transmission, and distribution in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country. The vast majority of the total energy produced by Eletrobras comes from its hydroelectric facilities. The company primarily generates revenue from the administration segment. About half of Eletrobras' electricity sales are made using free market agreements, while the other half is completed through auctions and contracts.

Centrais Eletricas Brasileiras (FRA:L3XB) Headlines

No Headlines