Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Cyclically Adjusted Revenue per Share: R$37.92 (As of Mar. 2026)

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BSP:EQMA3B Equatorial MaranhaoDistribuidora de Energia SA BSP:EQMA3B
80 GF Score
Price R$29.60
GF Value R$34.28
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Revenue per Share?

Equatorial MaranhaoDistribuidora de Energia BSP:EQMA3B -1.33% 80 Cyclically Adjusted Revenue per Share is R$37.92 as of Mar. 2026. GuruFocus rates BSP:EQMA3B with a GF Score™ of 80/100 and a GF Value™ of R$34.28 (Modestly Undervalued). The stock has 6 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.

Equatorial MaranhaoDistribuidora de Energia's adjusted revenue per share for the three months ended in Mar. 2026 was R$10.096. 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$37.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Equatorial MaranhaoDistribuidora de Energia's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% 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 Equatorial MaranhaoDistribuidora de Energia was 12.40% per year. The lowest was 9.20% per year. And the median was 10.30% per year.

As of today (2026-08-04), Equatorial MaranhaoDistribuidora de Energia's current stock price is R$29.60. Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$37.92. Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Equatorial MaranhaoDistribuidora de Energia was 2.63. The lowest was 0.67. And the median was 0.95.


Equatorial MaranhaoDistribuidora de Energia  (BSP:EQMA3B) 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.

Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=29.60/37.92
=0.78

* 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 Equatorial MaranhaoDistribuidora de Energia was 2.63. The lowest was 0.67. And the median was 0.95.


Be Aware

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


Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Revenue per Share Related Terms


Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Equatorial MaranhaoDistribuidora de 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.

Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted Revenue per Share Chart

Equatorial MaranhaoDistribuidora de 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 26.15 28.24 31.42 34.09 36.87

Equatorial MaranhaoDistribuidora de 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 35.05 35.72 36.29 36.87 37.92

BSP:EQMA3B vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de 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.


Equatorial MaranhaoDistribuidora de Energia Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

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


BSP:EQMA3B
80GF Score
Equatorial MaranhaoDistribuidora de Energia SA BSP:EQMA3B
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Equatorial MaranhaoDistribuidora de 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, Equatorial MaranhaoDistribuidora de 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)
=10.096/175.0655*175.0655
=10.096

Current CPI (Mar. 2026) = 175.0655.

Equatorial MaranhaoDistribuidora de Energia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.263 108.851 6.856
201609 4.958 109.986 7.892
201612 5.873 110.802 9.279
201703 4.221 111.869 6.606
201706 5.144 112.115 8.032
201709 5.467 112.777 8.486
201712 5.862 114.068 8.997
201803 5.620 114.868 8.565
201806 5.454 117.038 8.158
201809 6.136 117.881 9.113
201812 5.907 118.340 8.738
201903 5.399 120.124 7.868
201906 5.689 120.977 8.233
201909 5.665 121.292 8.177
201912 6.546 123.436 9.284
202003 5.392 124.092 7.607
202006 5.145 123.557 7.290
202009 5.970 125.095 8.355
202012 8.769 129.012 11.899
202103 6.583 131.660 8.753
202106 7.042 133.871 9.209
202109 11.444 137.913 14.527
202112 13.253 141.992 16.340
202203 7.509 146.537 8.971
202206 8.071 149.784 9.433
202209 7.180 147.800 8.505
202212 8.963 150.207 10.446
202303 7.410 153.352 8.459
202306 7.800 154.519 8.837
202309 8.798 155.464 9.907
202312 10.523 157.148 11.723
202403 8.038 159.372 8.829
202406 8.788 161.052 9.553
202409 9.764 162.342 10.529
202412 11.247 164.740 11.952
202503 9.002 168.102 9.375
202506 9.889 169.670 10.203
202509 10.349 170.739 10.611
202512 13.255 171.765 13.510
202603 10.096 175.066 10.096

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$37.92 mean?
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) has a Cyclically Adjusted Revenue per Share of R$37.92 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 Equatorial MaranhaoDistribuidora de Energia and its competitors.
Is Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Revenue per Share too high?
Equatorial MaranhaoDistribuidora de Energia's current Cyclically Adjusted Revenue per Share is R$37.92. Overall, Equatorial MaranhaoDistribuidora de Energia has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Revenue per Share compare to NEE and SO?
Equatorial MaranhaoDistribuidora de Energia's Cyclically Adjusted Revenue per Share of R$37.92 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. Equatorial MaranhaoDistribuidora de Energia's current Cyclically Adjusted Revenue per Share is R$37.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial MaranhaoDistribuidora de Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.28, compared to a current price of R$29.60 — trading 13.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$37.92. Equatorial MaranhaoDistribuidora de Energia's overall GF Score™ is 80/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B), the current Cyclically Adjusted Revenue per Share is R$37.92 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Overvalued in 2026?

Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued. The current stock price of R$29.60 is trading 13.7% below its estimated GF Value™ of R$34.28. GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.

Key valuation signals for BSP:EQMA3B:

  • Cyclically Adjusted Revenue per Share: R$37.92
  • GF Value™: R$34.28 vs. price of R$29.60 (13.7% below fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equatorial MaranhaoDistribuidora de Energia Business Description

Address Alameda A, Qd SQS, No. 100, Quiteandinha Altos do Calhau, Sao Luis, MA, BRA, 65070-900
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.
80GF Score

Get the complete analysis for BSP:EQMA3B

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

R$29.60
Price
R$34.28
GF Value