BRAS (WAR:BSA) Cyclically Adjusted PS Ratio: 2.50 (As of Jul. 22, 2026) — 279% Above Median

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WAR:BSA BRAS SA WAR:BSA
41 GF Score
Price zł0.20
GF Value zł0.09
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is BRAS Cyclically Adjusted PS Ratio?

BRAS WAR:BSA -0.50% 41 Cyclically Adjusted PS Ratio is 2.50 as of Jul. 22, 2026, which is 279% above its 10-year median of 0.66. GuruFocus rates WAR:BSA with a GF Score™ of 41/100 and a GF Value™ of zł0.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 442 Utilities - Regulated companies, BRAS ranks worse than 67.65% on this metric.

As of today (2026-07-22), BRAS's current share price is zł0.20. BRAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł0.08. BRAS's Cyclically Adjusted PS Ratio for today is 2.50.

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

WAR:BSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.66   Max: 3.21
Current: 2.39

During the past years, BRAS's highest Cyclically Adjusted PS Ratio was 3.21. The lowest was 0.23. And the median was 0.66.

WAR:BSA's Cyclically Adjusted PS Ratio is ranked worse than
67.65% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs WAR:BSA: 2.39

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.

BRAS's adjusted revenue per share data for the three months ended in Mar. 2026 was zł0.012. 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 zł0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BRAS  (WAR:BSA) 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.


BRAS Cyclically Adjusted PS Ratio Related Terms


BRAS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BRAS'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.

BRAS Cyclically Adjusted PS Ratio Chart

BRAS 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 0.29 0.55 0.99 0.76 0.97

BRAS 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 0.76 0.78 0.79 0.97 3.15

WAR:BSA vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, BRAS'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.


BRAS Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, BRAS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:BSA
41GF Score
BRAS SA WAR:BSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRAS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.20/0.08
=2.50

* 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.

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

For example, BRAS'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)
=0.012/163.0700*163.0700
=0.012

Current CPI (Mar. 2026) = 163.0700.

BRAS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.015 99.552 0.025
201609 0.012 99.064 0.020
201612 0.010 100.366 0.016
201703 0.012 101.018 0.019
201706 0.012 101.180 0.019
201709 0.014 101.343 0.023
201712 0.009 102.564 0.014
201803 0.011 102.564 0.017
201806 0.012 103.378 0.019
201809 0.013 103.378 0.021
201812 0.010 103.785 0.016
201903 0.011 104.274 0.017
201906 0.012 105.983 0.018
201909 0.013 105.983 0.020
201912 0.012 107.123 0.018
202003 0.011 109.076 0.016
202006 0.009 109.402 0.013
202009 0.012 109.320 0.018
202012 0.010 109.565 0.015
202103 0.007 112.658 0.010
202106 0.007 113.960 0.010
202109 0.007 115.588 0.010
202112 0.007 119.088 0.010
202203 0.008 125.031 0.010
202206 0.010 131.705 0.012
202209 0.010 135.531 0.012
202212 0.091 139.113 0.107
202303 0.013 145.950 0.015
202306 0.009 147.009 0.010
202309 0.014 146.113 0.016
202312 0.094 147.741 0.104
202403 0.025 149.044 0.027
202406 0.026 150.997 0.028
202409 0.023 153.439 0.024
202412 0.023 154.660 0.024
202503 0.012 157.021 0.012
202506 0.012 157.509 0.012
202509 0.012 158.000 0.012
202512 0.012 158.320 0.012
202603 0.012 163.070 0.012

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 2.50 mean?
BRAS (WAR:BSA) has a Cyclically Adjusted PS Ratio of 2.50 as of Jul. 22, 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 BRAS and its competitors. This is 279% above median its historical median of 0.66. Over the past decade, BRAS's Cyclically Adjusted PS Ratio has ranged from 0.23 to 3.21. According to the industry distribution chart, BRAS ranks #299 out of 442 companies in the Utilities - Regulated industry, placing it in the top 67.6%.
Is BRAS's Cyclically Adjusted PS Ratio too high?
BRAS's current Cyclically Adjusted PS Ratio of 2.50 is 279% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.21. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. BRAS's value of 2.50 is 73.6% above this industry median. Based on the distribution chart, BRAS ranks #299 out of 442 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, BRAS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRAS's Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, BRAS ranks #299 out of 442 companies for Cyclically Adjusted PS Ratio. This places BRAS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. BRAS's value of 2.50 is 73.6% above this benchmark. Historically, BRAS's own Cyclically Adjusted PS Ratio has ranged from 0.23 to 3.21 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.44, BRAS has consistently been above 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 - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 442 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. BRAS's current Cyclically Adjusted PS Ratio of 2.50 is 73.6% above 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 BRAS and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRAS's current Cyclically Adjusted PS Ratio is 2.50, which is 279% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRAS stock overvalued right now?
Based on GuruFocus' analysis, BRAS (WAR:BSA) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.09, compared to a current price of zł0.20 — trading 122.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.50, which is 279% above median its 10-year median of 0.66 and 73.6% above the Utilities - Regulated industry median of 1.44. BRAS's overall GF Score™ is 41/100 with 6 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 BRAS (WAR:BSA), the current Cyclically Adjusted PS Ratio is 2.50 as of Jul. 22, 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 BRAS (WAR:BSA) Overvalued in 2026?

Based on GuruFocus' analysis, BRAS stock appears to be overvalued. The current stock price of zł0.20 is trading 122.2% above its estimated GF Value™ of zł0.09. GuruFocus considers BRAS to be Significantly Overvalued.

Key valuation signals for WAR:BSA:

  • Cyclically Adjusted PS Ratio: 2.50 (279% above median its 10-year median of 0.66)
  • GF Value™: zł0.09 vs. price of zł0.20 (122.2% above fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 73.6% above the Utilities - Regulated median (#299 of 442)

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


BRAS Business Description

Address Gronowa Street 22, Poznan, POL, 61-655
BRAS SA is engaged in the energy sector. The company focuses its activities on the trade and distribution of electricity and power generation from renewable sources and the production of bio-components. It also provides consulting services.
41GF Score

Get the complete analysis for WAR:BSA

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

zł0.20
Price
zł0.09
GF Value