CPFL Energia (BSP:CPFE3) Cyclically Adjusted Revenue per Share: R$39.40 (As of Mar. 2026)

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BSP:CPFE3 CPFL Energia SA BSP:CPFE3
76 GF Score
Price R$46.83
GF Value R$38.13
Valuation Modestly Overvalued
! 3 Warning Signs
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What is CPFL Energia Cyclically Adjusted Revenue per Share?

CPFL Energia BSP:CPFE3 -0.78% 76 Cyclically Adjusted Revenue per Share is R$39.40 as of Mar. 2026. GuruFocus rates BSP:CPFE3 with a GF Score™ of 76/100 and a GF Value™ of R$38.13 (Modestly 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.

CPFL Energia's adjusted revenue per share for the three months ended in Mar. 2026 was R$9.843. 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$39.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CPFL Energia's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% 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 CPFL Energia was 10.10% per year. The lowest was 5.20% per year. And the median was 7.10% per year.

As of today (2026-07-16), CPFL Energia's current stock price is R$46.83. CPFL Energia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$39.40. CPFL Energia's Cyclically Adjusted PS Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CPFL Energia was 1.61. The lowest was 0.85. And the median was 1.13.


CPFL Energia  (BSP:CPFE3) 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.

CPFL Energia's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=46.83/39.40
=1.19

* 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 CPFL Energia was 1.61. The lowest was 0.85. And the median was 1.13.


Be Aware

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


CPFL Energia Cyclically Adjusted Revenue per Share Related Terms


CPFL Energia Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CPFL Energia'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.

CPFL Energia Cyclically Adjusted Revenue per Share Chart

CPFL Energia 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 29.29 31.74 34.00 36.38 38.37

CPFL Energia 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 37.16 37.56 37.96 38.37 39.40

BSP:CPFE3 vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, CPFL Energia'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.


CPFL Energia Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


BSP:CPFE3
76GF Score
CPFL Energia SA BSP:CPFE3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CPFL Energia 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, CPFL Energia'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)
=9.843/175.0655*175.0655
=9.843

Current CPI (Mar. 2026) = 175.0655.

CPFL Energia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.402 108.851 7.080
201609 4.699 109.986 7.479
201612 5.415 110.802 8.556
201703 5.441 111.869 8.515
201706 5.858 112.115 9.147
201709 7.647 112.777 11.871
201712 7.328 114.068 11.247
201803 6.262 114.868 9.544
201806 6.823 117.038 10.206
201809 7.987 117.881 11.861
201812 6.262 118.340 9.264
201903 7.002 120.124 10.205
201906 6.853 120.977 9.917
201909 6.723 121.292 9.704
201912 6.961 123.436 9.873
202003 6.320 124.092 8.916
202006 5.695 123.557 8.069
202009 6.753 125.095 9.451
202012 8.048 129.012 10.921
202103 7.193 131.660 9.564
202106 7.648 133.871 10.001
202109 9.711 137.913 12.327
202112 9.477 141.992 11.684
202203 8.060 146.537 9.629
202206 8.092 149.784 9.458
202209 8.685 147.800 10.287
202212 9.318 150.207 10.860
202303 8.518 153.352 9.724
202306 8.148 154.519 9.231
202309 8.657 155.464 9.749
202312 9.147 157.148 10.190
202403 8.823 159.372 9.692
202406 8.385 161.052 9.115
202409 9.420 162.342 10.158
202412 10.368 164.740 11.018
202503 9.247 168.102 9.630
202506 9.155 169.670 9.446
202509 9.832 170.739 10.081
202512 10.271 171.765 10.468
202603 9.843 175.066 9.843

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$39.40 mean?
CPFL Energia (BSP:CPFE3) has a Cyclically Adjusted Revenue per Share of R$39.40 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 CPFL Energia and its competitors.
Is CPFL Energia's Cyclically Adjusted Revenue per Share too high?
CPFL Energia's current Cyclically Adjusted Revenue per Share is R$39.40. Overall, CPFL Energia has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPFL Energia's Cyclically Adjusted Revenue per Share compare to NEE and SO?
CPFL Energia's Cyclically Adjusted Revenue per Share of R$39.40 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Cyclically Adjusted Revenue per Share depends on the Utilities - Regulated 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 CPFL Energia and its competitors. CPFL Energia's current Cyclically Adjusted Revenue per Share is R$39.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPFL Energia stock overvalued right now?
Based on GuruFocus' analysis, CPFL Energia (BSP:CPFE3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$38.13, compared to a current price of R$46.83 — trading 22.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$39.40. CPFL Energia's overall GF Score™ is 76/100 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 CPFL Energia (BSP:CPFE3), the current Cyclically Adjusted Revenue per Share is R$39.40 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 CPFL Energia (BSP:CPFE3) Overvalued in 2026?

Based on GuruFocus' analysis, CPFL Energia stock appears to be overvalued. The current stock price of R$46.83 is trading 22.8% above its estimated GF Value™ of R$38.13. GuruFocus considers CPFL Energia to be Modestly Overvalued.

Key valuation signals for BSP:CPFE3:

  • Cyclically Adjusted Revenue per Share: R$39.40
  • GF Value™: R$38.13 vs. price of R$46.83 (22.8% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the BSP:CPFE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPFL Energia Business Description

Address Rua Jorge Figueiredo Correa, No. 1632, Jardim Professora Tarcilia, Campinas, Sao Paulo, SP, BRA, 13087-397
CPFL Energia SA operates as a holding company. Along with its subsidiaries, the company is engaged in distribution, generation, transmission and commercialization activities of electric energy in Brazil. It also provides energy-related services through its solutions division, including energy management and trading, energy efficiency services, distributed generation, energy infrastructure development, and consulting services. The company's operating segments are (i) electric energy distribution activities, (ii) electric energy generation, (iii) electric energy transmission, (iv) energy commercialization, (v) service activities, and (vi) other activities not listed in the previous items. The majority of the company's revenue is derived from the electric energy distribution segment.
76GF Score

Get the complete analysis for BSP:CPFE3

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

R$46.83
Price
R$38.13
GF Value