Cia Energetica DE Minas Gerais - Cemig (STU:CIDA) Cyclically Adjusted PS Ratio: (As of Aug. 18, 2026)

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STU:CIDA Cia Energetica DE Minas Gerais - Cemig STU:CIDA
72 GF Score
Price €1.66
GF Value €1.66
Valuation Fairly Valued
! 5 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cia Energetica DE Minas Gerais - Cemig  (STU:CIDA) 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.


Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted PS Ratio Related Terms


Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig'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.

Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted PS Ratio Chart

Cia Energetica DE Minas Gerais - Cemig 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 0.96 1.09 0.96 1.15 1.10

Cia Energetica DE Minas Gerais - Cemig 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 1.17 1.10 1.10 1.23 0.00

STU:CIDA vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig'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.


Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted PS Ratio falls into.


STU:CIDA
72GF Score
Cia Energetica DE Minas Gerais - Cemig STU:CIDA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Energetica DE Minas Gerais - Cemig 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.

Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cia Energetica DE Minas Gerais - Cemig'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)
=0.652/177.5443*177.5443
=0.652

Current CPI (Jun. 2026) = 177.5443.

Cia Energetica DE Minas Gerais - Cemig Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.536 109.986 0.865
201612 0.519 110.802 0.832
201703 0.583 111.869 0.925
201706 0.569 112.115 0.901
201709 0.557 112.777 0.877
201712 0.417 114.068 0.649
201803 0.427 114.868 0.660
201806 0.445 117.038 0.675
201809 0.456 117.881 0.687
201812 0.000 118.340 0.000
201903 0.476 120.124 0.704
201906 0.563 120.977 0.826
201909 0.468 121.292 0.685
201912 0.000 123.436 0.000
202003 0.347 124.092 0.496
202006 0.330 123.557 0.474
202009 0.351 125.095 0.498
202012 0.405 129.012 0.557
202103 0.352 131.660 0.475
202106 0.552 133.871 0.732
202109 0.536 137.913 0.690
202112 0.526 141.992 0.658
202203 0.501 146.537 0.607
202206 0.478 149.784 0.567
202209 0.617 147.800 0.741
202212 0.581 150.207 0.687
202303 0.534 153.352 0.618
202306 0.556 154.519 0.639
202309 0.620 155.464 0.708
202312 0.709 157.148 0.801
202403 0.577 159.372 0.643
202406 0.569 161.052 0.627
202409 0.572 162.342 0.626
202412 0.617 164.740 0.665
202503 0.545 168.102 0.576
202506 0.583 169.670 0.610
202509 0.585 170.739 0.608
202512 0.648 171.765 0.670
202603 0.598 175.066 0.606
202606 0.652 177.544 0.652

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 Cia Energetica DE Minas Gerais - Cemig (STU:CIDA) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of €1.66 is trading 0% below its estimated GF Value™ of €1.66. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Fairly Valued.

Key valuation signals for STU:CIDA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.66 vs. price of €1.66 (0% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Cia Energetica DE Minas Gerais - Cemig Business Description

Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
72GF Score

Get the complete analysis for STU:CIDA

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

€1.66
Price
€1.66
GF Value