TNSAY (Tecnisa) Cyclically Adjusted PS Ratio: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TNSAY Tecnisa SA TNSAY
54 GF Score
Price $2.00
GF Value $3.19
! 4 Warning Signs
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What is Tecnisa Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Tecnisa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Tecnisa Cyclically Adjusted PS Ratio Chart

Tecnisa 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 0.07 0.06 0.13 0.07 0.13

Tecnisa 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 0.09 0.14 0.16 0.13 0.16

Tecnisa Cyclically Adjusted PS Ratio Competitor Comparison

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 Cyclically Adjusted PS Ratio vs 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.


TNSAY
54GF Score
Tecnisa SA TNSAY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tecnisa'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)
=0.141/175.0655*175.0655
=0.141

Current CPI (Mar. 2026) = 175.0655.

Tecnisa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.994 108.851 4.815
201609 0.164 109.986 0.261
201612 1.423 110.802 2.248
201703 2.280 111.869 3.568
201706 2.480 112.115 3.872
201709 0.254 112.777 0.394
201712 1.120 114.068 1.719
201803 1.504 114.868 2.292
201806 1.457 117.038 2.179
201809 0.352 117.881 0.523
201812 1.378 118.340 2.039
201903 1.768 120.124 2.577
201906 0.741 120.977 1.072
201909 0.816 121.292 1.178
201912 0.819 123.436 1.162
202003 0.245 124.092 0.346
202006 0.177 123.557 0.251
202009 0.297 125.095 0.416
202012 0.197 129.012 0.267
202103 0.158 131.660 0.210
202106 0.354 133.871 0.463
202109 0.131 137.913 0.166
202112 0.084 141.992 0.104
202203 0.259 146.537 0.309
202206 0.218 149.784 0.255
202209 0.374 147.800 0.443
202212 0.361 150.207 0.421
202303 0.729 153.352 0.832
202306 0.570 154.519 0.646
202309 0.473 155.464 0.533
202312 0.625 157.148 0.696
202403 0.477 159.372 0.524
202406 0.900 161.052 0.978
202409 0.426 162.342 0.459
202412 0.456 164.740 0.485
202503 0.221 168.102 0.230
202506 0.154 169.670 0.159
202509 0.413 170.739 0.423
202512 0.220 171.765 0.224
202603 0.141 175.066 0.141

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 Tecnisa (TNSAY) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnisa stock appears to be undervalued. The current stock price of $2.00 is trading 37.3% below its estimated GF Value™ of $3.19.

Key valuation signals for TNSAY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $3.19 vs. price of $2.00 (37.3% below fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Tecnisa Business Description

Other Exchanges TCSA3:Brazil
Address Avenida Nicolas Boer, 399, 5th floor - Jardim das Perdizes, Sao Paulo, SP, BRA, 01140-060
Tecnisa SA is a real estate company. corporate purpose and primary business activities include the acquisition, purchase, and sale of completed or under-construction residential and commercial properties, land, and real estate interests; the construction of properties; and the provision of real estate consulting services. It has only one reporting segment development and sale of properties.
54GF Score

Get the complete analysis for TNSAY

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

$2.00
Price
$3.19
GF Value