Light (STU:5LIA) Cyclically Adjusted PS Ratio: 0.08 (As of Aug. 04, 2026) — 27% Below Median

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STU:5LIA Light SA STU:5LIA
60 GF Score
Price €1.60
GF Value €2.39
! 7 Warning Signs
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What is Light Cyclically Adjusted PS Ratio?

Light STU:5LIA 60 Cyclically Adjusted PS Ratio is 0.08 as of Aug. 04, 2026, which is 27% below its 10-year median of 0.11. GuruFocus rates STU:5LIA with a GF Score™ of 60/100 and a GF Value™ of €2.39. The stock has 7 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Light ranks better than 97.78% on this metric.

As of today (2026-08-04), Light's current share price is €1.60. Light's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €19.45. Light's Cyclically Adjusted PS Ratio for today is 0.08.

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

STU:5LIA' 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.

STU:5LIA's Cyclically Adjusted PS Ratio is ranked better than
97.78% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.67 vs STU:5LIA: 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 €3.417. 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 €19.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Light  (STU:5LIA) 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.


STU:5LIA
60GF Score
Light SA STU:5LIA
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
=1.60/19.45
=0.08

* 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)
=3.417/175.0655*175.0655
=3.417

Current CPI (Mar. 2026) = 175.0655.

Light Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.619 108.851 9.037
201609 6.343 109.986 10.096
201612 6.601 110.802 10.429
201703 7.782 111.869 12.178
201706 6.301 112.115 9.839
201709 7.237 112.777 11.234
201712 8.479 114.068 13.013
201803 7.016 114.868 10.693
201806 6.391 117.038 9.560
201809 6.387 117.881 9.485
201812 6.295 118.340 9.312
201903 7.345 120.124 10.704
201906 6.211 120.977 8.988
201909 6.956 121.292 10.040
201912 5.776 123.436 8.192
202003 3.631 124.092 5.123
202006 2.793 123.557 3.957
202009 3.288 125.095 4.601
202012 4.256 129.012 5.775
202103 2.939 131.660 3.908
202106 2.833 133.871 3.705
202109 3.440 137.913 4.367
202112 2.936 141.992 3.620
202203 3.459 146.537 4.132
202206 3.422 149.784 4.000
202209 3.518 147.800 4.167
202212 2.853 150.207 3.325
202303 3.413 153.352 3.896
202306 3.376 154.519 3.825
202309 3.468 155.464 3.905
202312 3.822 157.148 4.258
202403 3.231 159.372 3.549
202406 3.390 161.052 3.685
202409 2.945 162.342 3.176
202412 2.437 164.740 2.590
202503 3.082 168.102 3.210
202506 2.797 169.670 2.886
202509 2.967 170.739 3.042
202512 2.473 171.765 2.521
202603 3.417 175.066 3.417

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 0.08 mean?
Light (STU:5LIA) has a Cyclically Adjusted PS Ratio of 0.08 as of Aug. 04, 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 27% below 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 #6 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 2.2%.
Is Light's Cyclically Adjusted PS Ratio too high?
Light's current Cyclically Adjusted PS Ratio of 0.08 is 27% below 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 1.67. Light's value of 0.08 is 95.2% below this industry median. Based on the distribution chart, Light ranks #6 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 60/100, 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 #6 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 1.67. Light's value of 0.08 is 95.2% 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 1.67, 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 1.67, 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 0.08 is 95.2% 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 Light and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.67 — 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 0.08, which is 27% below 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?
Light (STU:5LIA) has a current Cyclically Adjusted PS Ratio of 0.08. The stock's GF Value™ is €2.39, compared to a current price of €1.60 — trading 33.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.08, which is 27% below median its 10-year median of 0.11 and 95.2% below the Utilities - Independent Power Producers industry median of 1.67. Light's overall GF Score™ is 60/100 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 (STU:5LIA), the current Cyclically Adjusted PS Ratio is 0.08 as of Aug. 04, 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 (STU:5LIA) Overvalued in 2026?

Based on GuruFocus' analysis, Light stock appears to be undervalued. The current stock price of €1.60 is trading 33.1% below its estimated GF Value™ of €2.39.

Key valuation signals for STU:5LIA:

  • Cyclically Adjusted PS Ratio: 0.08 (27% below median its 10-year median of 0.11)
  • GF Value™: €2.39 vs. price of €1.60 (33.1% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 95.2% below the Utilities - Independent Power Producers median (#6 of 270)

No single metric tells the full story. See the STU:5LIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Light Business Description

Other Exchanges LGSXY:USALIGT3: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.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.60
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