Gerdau (BSP:GGBR4) Cyclically Adjusted Revenue per Share: R$34.69 (As of Jun. 2026)

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BSP:GGBR4 Gerdau SA BSP:GGBR4
66 GF Score
Price R$25.60
GF Value R$19.98
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Gerdau Cyclically Adjusted Revenue per Share?

Gerdau BSP:GGBR4 -0.97% 66 Cyclically Adjusted Revenue per Share is R$34.69 as of Jun. 2026. GuruFocus rates BSP:GGBR4 with a GF Score™ of 66/100 and a GF Value™ of R$19.98 (Modestly Overvalued). The stock has 9 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.

Gerdau's adjusted revenue per share for the three months ended in Jun. 2026 was R$9.020. 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$34.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Gerdau's average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% 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 Gerdau was 9.80% per year. The lowest was -5.10% per year. And the median was 4.60% per year.

As of today (2026-09-17), Gerdau's current stock price is R$25.60. Gerdau's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$34.69. Gerdau's Cyclically Adjusted PS Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gerdau was 1.16. The lowest was 0.24. And the median was 0.58.


Gerdau  (BSP:GGBR4) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=25.60/34.69
=0.74

* 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 Gerdau was 1.16. The lowest was 0.24. And the median was 0.58.


Be Aware

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


Gerdau Cyclically Adjusted Revenue per Share Related Terms


Gerdau Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Gerdau'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.

Gerdau Cyclically Adjusted Revenue per Share Chart

Gerdau 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 27.25 29.46 30.77 31.98 33.36

Gerdau Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 32.96 33.13 33.36 34.07 34.69

BSP:GGBR4 vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Gerdau'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.


Gerdau Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Gerdau's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:GGBR4
66GF Score
Gerdau SA BSP:GGBR4
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gerdau 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, Gerdau's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.02/177.5443*177.5443
=9.020

Current CPI (Jun. 2026) = 177.5443.

Gerdau Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.012 109.986 6.476
201612 4.003 110.802 6.414
201703 3.928 111.869 6.234
201706 4.256 112.115 6.740
201709 4.360 112.777 6.864
201712 4.558 114.068 7.094
201803 4.798 114.868 7.416
201806 5.567 117.038 8.445
201809 5.985 117.881 9.014
201812 4.920 118.340 7.381
201903 4.655 120.124 6.880
201906 4.714 120.977 6.918
201909 4.612 121.292 6.751
201912 6.363 123.436 9.152
202003 4.308 124.092 6.164
202006 4.057 123.557 5.830
202009 5.702 125.095 8.093
202012 6.354 129.012 8.744
202103 7.571 131.660 10.210
202106 8.862 133.871 11.753
202109 7.461 137.913 9.605
202112 10.029 141.992 12.540
202203 9.410 146.537 11.401
202206 10.643 149.784 12.616
202209 9.917 147.800 11.913
202212 8.542 150.207 10.097
202303 8.948 153.352 10.360
202306 8.657 154.519 9.947
202309 8.033 155.464 9.174
202312 6.998 157.148 7.906
202403 7.680 159.372 8.556
202406 7.865 161.052 8.670
202409 8.247 162.342 9.019
202412 8.102 164.740 8.732
202503 8.495 168.102 8.972
202506 8.717 169.670 9.122
202509 8.990 170.739 9.348
202512 8.464 171.765 8.749
202603 8.427 175.066 8.546
202606 9.020 177.544 9.020

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$34.69 mean?
Gerdau (BSP:GGBR4) has a Cyclically Adjusted Revenue per Share of R$34.69 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Gerdau and its competitors.
Is Gerdau's Cyclically Adjusted Revenue per Share too high?
Gerdau's current Cyclically Adjusted Revenue per Share is R$34.69. Overall, Gerdau has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gerdau's Cyclically Adjusted Revenue per Share compare to NUE and STLD?
Gerdau's Cyclically Adjusted Revenue per Share of R$34.69 can be compared against companies in the Steel 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 a Steel company?
A good Cyclically Adjusted Revenue per Share depends on the Steel 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 Gerdau and its competitors. Gerdau's current Cyclically Adjusted Revenue per Share is R$34.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Gerdau (BSP:GGBR4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$19.98, compared to a current price of R$25.60 — trading 28.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$34.69. Gerdau's overall GF Score™ is 66/100 with 9 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 Gerdau (BSP:GGBR4), the current Cyclically Adjusted Revenue per Share is R$34.69 as of Jun. 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 Gerdau (BSP:GGBR4) Overvalued in 2026?

Based on GuruFocus' analysis, Gerdau stock appears to be overvalued. The current stock price of R$25.60 is trading 28.1% above its estimated GF Value™ of R$19.98. GuruFocus considers Gerdau to be Modestly Overvalued.

Key valuation signals for BSP:GGBR4:

  • Cyclically Adjusted Revenue per Share: R$34.69
  • GF Value™: R$19.98 vs. price of R$25.60 (28.1% above fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the BSP:GGBR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gerdau Business Description

Address Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutors, mechanical construction bars, and reinforced steel locks. The company's geographical segment includes Brazil Segment; North America Segment; South America Segment as well as Special Steel Operations. It derives the majority of its revenue from the Brazil Operations segment, which includes the long, flat and special steel operations and the iron ore operation located in Brazil and joint ventures and associated companies located in Brazil.
66GF Score

Get the complete analysis for BSP:GGBR4

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

R$25.60
Price
R$19.98
GF Value