Cosan (BSP:CSAN3) Cyclically Adjusted Revenue per Share: R$16.54 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:CSAN3 Cosan SA BSP:CSAN3
71 GF Score
Price R$3.90
GF Value R$7.16
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cosan Cyclically Adjusted Revenue per Share?

Cosan BSP:CSAN3 -4.18% 71 Cyclically Adjusted Revenue per Share is R$16.54 as of Mar. 2026. GuruFocus rates BSP:CSAN3 with a GF Score™ of 71/100 and a GF Value™ of R$7.16 (Possible Value Trap). 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.

Cosan's adjusted revenue per share for the three months ended in Mar. 2026 was R$2.306. 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$16.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cosan's average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.40% 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 Cosan was 12.50% per year. The lowest was -0.80% per year. And the median was 5.05% per year.

As of today (2026-07-14), Cosan's current stock price is R$3.90. Cosan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$16.54. Cosan's Cyclically Adjusted PS Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cosan was 2.67. The lowest was 0.20. And the median was 1.32.


Cosan  (BSP:CSAN3) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3.90/16.54
=0.24

* 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 Cosan was 2.67. The lowest was 0.20. And the median was 1.32.


Be Aware

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


Cosan Cyclically Adjusted Revenue per Share Related Terms


Cosan Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Cosan'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.

Cosan Cyclically Adjusted Revenue per Share Chart

Cosan 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 10.29 11.38 12.41 14.50 16.19

Cosan 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 15.12 15.60 16.04 16.19 16.54

BSP:CSAN3 vs VLO, MPC, PSX: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Cosan'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.


Cosan Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cosan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:CSAN3
71GF Score
Cosan SA BSP:CSAN3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cosan 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, Cosan'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)
=2.306/175.0655*175.0655
=2.306

Current CPI (Mar. 2026) = 175.0655.

Cosan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.197 108.851 1.925
201609 1.112 109.986 1.770
201612 1.070 110.802 1.691
201703 0.972 111.869 1.521
201706 1.148 112.115 1.793
201709 1.268 112.777 1.968
201712 1.259 114.068 1.932
201803 1.313 114.868 2.001
201806 1.491 117.038 2.230
201809 1.835 117.881 2.725
201812 1.765 118.340 2.611
201903 1.949 120.124 2.840
201906 2.103 120.977 3.043
201909 2.339 121.292 3.376
201912 4.000 123.436 5.673
202003 2.240 124.092 3.160
202006 1.509 123.557 2.138
202009 2.411 125.095 3.374
202012 4.189 129.012 5.684
202103 2.716 131.660 3.611
202106 3.507 133.871 4.586
202109 3.685 137.913 4.678
202112 4.225 141.992 5.209
202203 4.216 146.537 5.037
202206 5.104 149.784 5.966
202209 6.142 147.800 7.275
202212 5.516 150.207 6.429
202303 5.153 153.352 5.883
202306 5.385 154.519 6.101
202309 5.513 155.464 6.208
202312 5.089 157.148 5.669
202403 5.275 159.372 5.794
202406 5.745 161.052 6.245
202409 6.235 162.342 6.724
202412 6.219 164.740 6.609
202503 5.199 168.102 5.414
202506 5.637 169.670 5.816
202509 5.736 170.739 5.881
202512 2.428 171.765 2.475
202603 2.306 175.066 2.306

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$16.54 mean?
Cosan (BSP:CSAN3) has a Cyclically Adjusted Revenue per Share of R$16.54 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 Cosan and its competitors.
Is Cosan's Cyclically Adjusted Revenue per Share too high?
Cosan's current Cyclically Adjusted Revenue per Share is R$16.54. Overall, Cosan has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cosan's Cyclically Adjusted Revenue per Share compare to VLO and MPC?
Cosan's Cyclically Adjusted Revenue per Share of R$16.54 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Cosan and its competitors. Cosan's current Cyclically Adjusted Revenue per Share is R$16.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosan stock overvalued right now?
Based on GuruFocus' analysis, Cosan (BSP:CSAN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$7.16, compared to a current price of R$3.90 — trading 45.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$16.54. Cosan's overall GF Score™ is 71/100 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 Cosan (BSP:CSAN3), the current Cyclically Adjusted Revenue per Share is R$16.54 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 Cosan (BSP:CSAN3) Overvalued in 2026?

Based on GuruFocus' analysis, Cosan stock appears to be undervalued. The current stock price of R$3.90 is trading 45.5% below its estimated GF Value™ of R$7.16. GuruFocus considers Cosan to be Possible Value Trap.

Key valuation signals for BSP:CSAN3:

  • Cyclically Adjusted Revenue per Share: R$16.54
  • GF Value™: R$7.16 vs. price of R$3.90 (45.5% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the BSP:CSAN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosan Business Description

Industry EnergyOil & Gas
Other Exchanges CSAN:USA9CI0:Germany
Address Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Cosan SA engages in several services throughout the energy and logistics sectors. Its reportable segments are Raizen, Compass, Moove, Rumo, and Radar. It generates the majority of its revenue from Raizen which operates in the production, commercialization, origination, and trading of ethanol, bioenergy, resale, and trading of electricity, renewable sources, marketing, origination, and trading of sugar and fuels, and lubricant.
71GF Score

Get the complete analysis for BSP:CSAN3

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

R$3.90
Price
R$7.16
GF Value