Light (LGSXY) Cyclically Adjusted PS Ratio: 0.10 (As of Jul. 10, 2026) — Near Median


LGSXY Light SA LGSXY
35 GF Score
Price $1.02
GF Value $0.81
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Light Cyclically Adjusted PS Ratio?

Light LGSXY 35 Cyclically Adjusted PS Ratio is 0.10 as of Jul. 10, 2026, which is 9% below its 10-year median of 0.11. GuruFocus rates LGSXY with a GF Score™ of 35/100 and a GF Value™ of $0.81 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Light ranks better than 98.52% on this metric.

As of today (2026-07-10), Light's current share price is $1.023. Light's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.21. Light's Cyclically Adjusted PS Ratio for today is 0.10.

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

LGSXY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.32
Current: 0.05

During the past years, Light's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.02. And the median was 0.11.

LGSXY's Cyclically Adjusted PS Ratio is ranked better than
98.52% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.685 vs LGSXY: 0.05

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.

Light's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.950. 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 $10.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Light  (OTCPK:LGSXY) 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.


Light Cyclically Adjusted PS Ratio Related Terms


Light Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Light'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.

Light Cyclically Adjusted PS Ratio Chart

Light 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 0.14 0.05 0.09 0.07 0.08

Light 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 0.08 0.11 0.10 0.08 0.08

Light Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Light'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.


Light Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

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

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


LGSXY
35GF Score
Light SA LGSXY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Light 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.

Light's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.023/10.21
=0.10

* 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.

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

For example, Light'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)
=3.95/175.0655*175.0655
=3.950

Current CPI (Mar. 2026) = 175.0655.

Light Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.313 108.851 10.153
201609 7.119 109.986 11.331
201612 6.963 110.802 11.001
201703 8.323 111.869 13.025
201706 7.080 112.115 11.055
201709 8.626 112.777 13.390
201712 10.034 114.068 15.400
201803 8.651 114.868 13.185
201806 7.466 117.038 11.168
201809 7.453 117.881 11.068
201812 7.162 118.340 10.595
201903 8.299 120.124 12.095
201906 7.018 120.977 10.156
201909 7.661 121.292 11.057
201912 6.418 123.436 9.102
202003 4.012 124.092 5.660
202006 3.146 123.557 4.458
202009 3.873 125.095 5.420
202012 5.177 129.012 7.025
202103 3.499 131.660 4.653
202106 3.413 133.871 4.463
202109 4.047 137.913 5.137
202112 3.317 141.992 4.090
202203 3.809 146.537 4.551
202206 3.617 149.784 4.228
202209 3.483 147.800 4.126
202212 3.023 150.207 3.523
202303 3.654 153.352 4.171
202306 3.658 154.519 4.144
202309 3.701 155.464 4.168
202312 4.167 157.148 4.642
202403 3.512 159.372 3.858
202406 3.650 161.052 3.968
202409 3.456 162.342 3.727
202412 1.276 164.740 1.356
202503 3.332 168.102 3.470
202506 3.226 169.670 3.329
202509 3.483 170.739 3.571
202512 1.448 171.765 1.476
202603 3.950 175.066 3.950

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 0.10 mean?
Light (LGSXY) has a Cyclically Adjusted PS Ratio of 0.10 as of Jul. 10, 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 Light and its competitors. This is near median its historical median of 0.11. Over the past decade, Light's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.32. According to the industry distribution chart, Light ranks #4 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.5%.
Is Light's Cyclically Adjusted PS Ratio too high?
Light's current Cyclically Adjusted PS Ratio of 0.10 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.32. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Light's value of 0.10 is 94.1% below this industry median. Based on the distribution chart, Light ranks #4 out of 270 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Light has a GF Score™ of 35/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Light's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Light ranks #4 out of 270 companies for Cyclically Adjusted PS Ratio. This places Light in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.69. Light's value of 0.10 is 94.1% below this benchmark. Historically, Light's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.32 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 1.69, Light 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. Light's current Cyclically Adjusted PS Ratio of 0.10 is 94.1% 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 Light and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light's current Cyclically Adjusted PS Ratio is 0.10, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light stock overvalued right now?
Based on GuruFocus' analysis, Light (LGSXY) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.81, compared to a current price of $1.02 — trading 26.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is near median its 10-year median of 0.11 and 94.1% below the Utilities - Independent Power Producers industry median of 1.69. Light's overall GF Score™ is 35/100 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 Light (LGSXY), the current Cyclically Adjusted PS Ratio is 0.10 as of Jul. 10, 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 Light (LGSXY) Overvalued in 2026?

Based on GuruFocus' analysis, Light stock appears to be overvalued. The current stock price of $1.02 is trading 26.3% above its estimated GF Value™ of $0.81. GuruFocus considers Light to be Modestly Overvalued.

Key valuation signals for LGSXY:

  • Cyclically Adjusted PS Ratio: 0.10 (near median its 10-year median of 0.11)
  • GF Value™: $0.81 vs. price of $1.02 (26.3% above fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 94.1% below the Utilities - Independent Power Producers median (#4 of 270)

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


Light Business Description

Other Exchanges LIGT3:Brazil
Address Rua Marechal Floriano, No. 168, block 1-2nd floor, Rio de Janeiro, RJ, BRA, 20080-002
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.
35GF Score

Get the complete analysis for LGSXY

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

$1.02
Price
$0.81
GF Value