Bradespar (BSP:BRAP4) Cyclically Adjusted Revenue per Share: R$8.42 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:BRAP4 Bradespar SA BSP:BRAP4
50 GF Score
Price R$21.60
GF Value R$10.82
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Bradespar Cyclically Adjusted Revenue per Share?

Bradespar BSP:BRAP4 -1.14% 50 Cyclically Adjusted Revenue per Share is R$8.42 as of Mar. 2026. GuruFocus rates BSP:BRAP4 with a GF Score™ of 50/100 and a GF Value™ of R$10.82 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Bradespar's adjusted revenue per share for the three months ended in Mar. 2026 was R$1.348. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$8.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bradespar's average Cyclically Adjusted Revenue Growth Rate was 18.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 23.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Bradespar was 31.60% per year. The lowest was -0.60% per year. And the median was 16.75% per year.

As of today (2026-07-25), Bradespar's current stock price is R$21.60. Bradespar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$8.42. Bradespar's Cyclically Adjusted PS Ratio of today is 2.57.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bradespar was 13.60. The lowest was 2.34. And the median was 4.99.


Bradespar  (BSP:BRAP4) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Bradespar's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.60/8.42
=2.57

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bradespar was 13.60. The lowest was 2.34. And the median was 4.99.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Bradespar Cyclically Adjusted Revenue per Share Related Terms


Bradespar Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Bradespar's Cyclically Adjusted Revenue per Share 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.

Bradespar Cyclically Adjusted Revenue per Share Chart

Bradespar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 5.17 5.64 5.99 7.93

Bradespar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 6.53 6.60 7.03 7.93 8.42

BSP:BRAP4 vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share Comparison

For the Asset Management subindustry, Bradespar'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.


Bradespar Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bradespar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:BRAP4
50GF Score
Bradespar SA BSP:BRAP4
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bradespar Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Bradespar'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)
=1.348/175.0655*175.0655
=1.348

Current CPI (Mar. 2026) = 175.0655.

Bradespar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.455 108.851 0.732
201609 0.177 109.986 0.282
201612 0.159 110.802 0.251
201703 1.026 111.869 1.606
201706 -0.142 112.115 -0.222
201709 1.636 112.777 2.540
201712 3.699 114.068 5.677
201803 0.772 114.868 1.177
201806 0.034 117.038 0.051
201809 0.863 117.881 1.282
201812 4.836 118.340 7.154
201903 -0.839 120.124 -1.223
201906 -0.043 120.977 -0.062
201909 0.874 121.292 1.261
201912 -0.818 123.436 -1.160
202003 0.136 124.092 0.192
202006 0.705 123.557 0.999
202009 2.265 125.095 3.170
202012 0.688 129.012 0.934
202103 4.693 131.660 6.240
202106 5.410 133.871 7.075
202109 2.792 137.913 3.544
202112 7.094 141.992 8.746
202203 2.227 146.537 2.661
202206 2.395 149.784 2.799
202209 2.747 147.800 3.254
202212 1.660 150.207 1.935
202303 1.856 153.352 2.119
202306 0.439 154.519 0.497
202309 1.274 155.464 1.435
202312 1.117 157.148 1.244
202403 0.839 159.372 0.922
202406 1.302 161.052 1.415
202409 1.227 162.342 1.323
202412 -0.354 164.740 -0.376
202503 0.783 168.102 0.815
202506 1.111 169.670 1.146
202509 1.337 170.739 1.371
202512 -1.687 171.765 -1.719
202603 1.348 175.066 1.348

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$8.42 mean?
Bradespar (BSP:BRAP4) has a Cyclically Adjusted Revenue per Share of R$8.42 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bradespar and its competitors.
Is Bradespar's Cyclically Adjusted Revenue per Share too high?
Bradespar's current Cyclically Adjusted Revenue per Share is R$8.42. Overall, Bradespar has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bradespar's Cyclically Adjusted Revenue per Share compare to BLK and BX?
Bradespar's Cyclically Adjusted Revenue per Share of R$8.42 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bradespar and its competitors. Bradespar's current Cyclically Adjusted Revenue per Share is R$8.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bradespar stock overvalued right now?
Based on GuruFocus' analysis, Bradespar (BSP:BRAP4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.82, compared to a current price of R$21.60 — trading 99.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$8.42. Bradespar's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Bradespar (BSP:BRAP4), the current Cyclically Adjusted Revenue per Share is R$8.42 as of Mar. 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 Bradespar (BSP:BRAP4) Overvalued in 2026?

Based on GuruFocus' analysis, Bradespar stock appears to be overvalued. The current stock price of R$21.60 is trading 99.6% above its estimated GF Value™ of R$10.82. GuruFocus considers Bradespar to be Significantly Overvalued.

Key valuation signals for BSP:BRAP4:

  • Cyclically Adjusted Revenue per Share: R$8.42
  • GF Value™: R$10.82 vs. price of R$21.60 (99.6% above fair value)
  • GF Score™: 50/100 with 3 warning signs

No single metric tells the full story. See the BSP:BRAP4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bradespar Business Description

Address Avenue Paulista 1450, 9th floor, Cerqueira Cesar, Sao paulo, SP, BRA, 1310917
Bradespar SA is a Brazil-based holding company whose corporate purpose and single business segment is to hold equity interest as a partner or shareholder in other companies. Its holding companies include Millennium Security Holdings, which does business in the British Virgin Islands; and Vale S.A., which produces iron ore, raw materials for the steel and nickel industries, and metals. The company's operating income originates from equity accounting, dividends, and interest on equity received from Vale and interest from redeemable shares received.
50GF Score

Get the complete analysis for BSP:BRAP4

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

R$21.60
Price
R$10.82
GF Value