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Neoenergia (XMAD:XNEO) Cyclically Adjusted PS Ratio : 0.57 (As of Sep. 27, 2024)


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What is Neoenergia Cyclically Adjusted PS Ratio?

As of today (2024-09-27), Neoenergia's current share price is €3.20. Neoenergia's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €5.64. Neoenergia's Cyclically Adjusted PS Ratio for today is 0.57.

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

XMAD:XNEO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.62   Max: 0.84
Current: 0.6

During the past years, Neoenergia's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.48. And the median was 0.62.

XMAD:XNEO's Cyclically Adjusted PS Ratio is ranked better than
72.6% of 438 companies
in the Utilities - Regulated industry
Industry Median: 1.225 vs XMAD:XNEO: 0.60

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.

Neoenergia's adjusted revenue per share data for the three months ended in Jun. 2024 was €1.454. 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 €5.64 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Neoenergia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Neoenergia'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.

Neoenergia Cyclically Adjusted PS Ratio Chart

Neoenergia 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 - 0.76 0.60 0.53 0.67

Neoenergia Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.69 0.60 0.67 0.62 0.56

Competitive Comparison of Neoenergia's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Neoenergia'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.


Neoenergia's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

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

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



Neoenergia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.20/5.64
=0.57

* 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.

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

For example, Neoenergia's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.454/161.0515*161.0515
=1.454

Current CPI (Jun. 2024) = 161.0515.

Neoenergia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.240 92.602 2.157
201412 1.595 94.194 2.727
201503 1.146 97.799 1.887
201506 1.569 100.006 2.527
201509 0.979 101.392 1.555
201512 1.233 104.247 1.905
201603 1.044 106.979 1.572
201606 1.258 108.851 1.861
201609 1.291 109.986 1.890
201612 1.451 110.802 2.109
201703 1.434 111.869 2.064
201706 1.495 112.115 2.148
201709 1.803 112.777 2.575
201712 1.758 114.068 2.482
201803 1.185 114.868 1.661
201806 1.202 117.038 1.654
201809 1.257 117.881 1.717
201812 1.264 118.340 1.720
201903 1.348 120.124 1.807
201906 1.109 120.977 1.476
201909 1.189 121.292 1.579
201912 1.245 123.436 1.624
202003 0.973 124.092 1.263
202006 0.737 123.557 0.961
202009 0.966 125.095 1.244
202012 1.302 129.012 1.625
202103 1.032 131.660 1.262
202106 1.269 133.871 1.527
202109 1.625 137.913 1.898
202112 1.540 141.992 1.747
202203 1.585 146.537 1.742
202206 1.416 149.784 1.523
202209 1.368 147.800 1.491
202212 2.262 150.207 2.425
202303 1.641 153.352 1.723
202306 1.560 154.519 1.626
202309 1.413 155.464 1.464
202312 2.194 157.148 2.248
202403 1.626 159.372 1.643
202406 1.454 161.052 1.454

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.


Neoenergia  (XMAD:XNEO) 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.


Neoenergia Cyclically Adjusted PS Ratio Related Terms

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


Neoenergia Business Description

Traded in Other Exchanges
Address
Praia do Flamengo 78, 4th floor, Flamengo, RJ, BRA
Neoenergia SA engages in generation, transmission, distribution, and trading of electric energy in Brazil.The company operates electricity generation plants comprising, hydroelectric, thermoelectric, wind, and cogeneration plants. The company also provides consulting and energy management services.

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