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Tecnisa (Tecnisa) Cyclically Adjusted PS Ratio : 0.11 (As of Jun. 16, 2024)


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What is Tecnisa Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Tecnisa's current share price is $2.00. Tecnisa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $18.81. Tecnisa's Cyclically Adjusted PS Ratio for today is 0.11.

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

TNSAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 0.31
Current: 0.07

During the past years, Tecnisa's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.04. And the median was 0.13.

TNSAY's Cyclically Adjusted PS Ratio is ranked better than
95.46% of 1367 companies
in the Real Estate industry
Industry Median: 1.76 vs TNSAY: 0.07

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.

Tecnisa's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.477. 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 $18.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecnisa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tecnisa'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.

Tecnisa Cyclically Adjusted PS Ratio Chart

Tecnisa 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 0.27 0.17 0.07 0.06 0.13

Tecnisa 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 0.07 0.09 0.09 0.13 0.11

Competitive Comparison of Tecnisa's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Tecnisa'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.


Tecnisa's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tecnisa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tecnisa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.00/18.81
=0.11

* 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.

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

For example, Tecnisa'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)
=0.477/159.3724*159.3724
=0.477

Current CPI (Mar. 2024) = 159.3724.

Tecnisa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.272 91.838 38.650
201409 16.194 92.602 27.871
201412 11.580 94.194 19.593
201503 11.962 97.799 19.493
201506 11.634 100.006 18.540
201509 9.460 101.392 14.870
201512 2.916 104.247 4.458
201603 4.342 106.979 6.469
201606 2.994 108.851 4.384
201609 0.164 109.986 0.238
201612 1.423 110.802 2.047
201703 2.280 111.869 3.248
201706 2.480 112.115 3.525
201709 0.254 112.777 0.359
201712 1.120 114.068 1.565
201803 1.504 114.868 2.087
201806 1.457 117.038 1.984
201809 3.521 117.881 4.760
201812 1.378 118.340 1.856
201903 1.768 120.124 2.346
201906 0.741 120.977 0.976
201909 0.816 121.292 1.072
201912 0.819 123.436 1.057
202003 0.245 124.092 0.315
202006 0.177 123.557 0.228
202009 0.297 125.095 0.378
202012 0.197 129.012 0.243
202103 0.158 131.660 0.191
202106 0.354 133.871 0.421
202109 0.131 137.913 0.151
202112 0.084 141.992 0.094
202203 0.259 146.537 0.282
202206 0.218 149.784 0.232
202209 0.374 147.800 0.403
202212 0.361 150.207 0.383
202303 0.729 153.352 0.758
202306 0.570 154.519 0.588
202309 0.473 155.464 0.485
202312 0.625 157.148 0.634
202403 0.477 159.372 0.477

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.


Tecnisa  (GREY:TNSAY) 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.


Tecnisa Cyclically Adjusted PS Ratio Related Terms

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


Tecnisa (Tecnisa) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Nicolas Boer, 399, 5th floor, unit 502S, Jardim das Perdizes, Sao Paulo, SP, BRA, 01140-060
Tecnisa SA is a real estate company. The company is engaged mainly in the development and construction of residential and commercial real estate, individually or together with other entities, by holding a full interest in subsidiaries, joint ventures, or associates. It has only one reporting segment development and sale of properties. Tecnisa's mission is to offer the real-estate market products and services which will generate profits and satisfy clients in such a way as to guarantee the company's sustainability and the enhancement of the Tecnisa brand.

Tecnisa (Tecnisa) Headlines

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