Helbor Empreendimentos (BSP:HBOR3) Cyclically Adjusted Revenue per Share: R$11.74 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:HBOR3 Helbor Empreendimentos SA BSP:HBOR3
71 GF Score
Price R$2.13
GF Value R$2.97
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Helbor Empreendimentos Cyclically Adjusted Revenue per Share?

Helbor Empreendimentos BSP:HBOR3 +5.45% 71 Cyclically Adjusted Revenue per Share is R$11.74 as of Mar. 2026. GuruFocus rates BSP:HBOR3 with a GF Score™ of 71/100 and a GF Value™ of R$2.97 (Modestly Undervalued). The stock has 5 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.

Helbor Empreendimentos's adjusted revenue per share for the three months ended in Mar. 2026 was R$2.612. 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$11.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Helbor Empreendimentos's average Cyclically Adjusted Revenue Growth Rate was -17.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -18.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -15.70% 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 Helbor Empreendimentos was -2.50% per year. The lowest was -18.50% per year. And the median was -10.05% per year.

As of today (2026-07-14), Helbor Empreendimentos's current stock price is R$2.13. Helbor Empreendimentos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$11.74. Helbor Empreendimentos's Cyclically Adjusted PS Ratio of today is 0.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Helbor Empreendimentos was 0.85. The lowest was 0.08. And the median was 0.20.


Helbor Empreendimentos  (BSP:HBOR3) 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.

Helbor Empreendimentos's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.13/11.74
=0.18

* 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 Helbor Empreendimentos was 0.85. The lowest was 0.08. And the median was 0.20.


Be Aware

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


Helbor Empreendimentos Cyclically Adjusted Revenue per Share Related Terms


Helbor Empreendimentos Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Helbor Empreendimentos'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.

Helbor Empreendimentos Cyclically Adjusted Revenue per Share Chart

Helbor Empreendimentos 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 26.39 22.38 18.04 14.69 12.13

Helbor Empreendimentos 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 14.21 13.64 12.84 12.13 11.74

BSP:HBOR3 vs CBRE, BEKE, JLL: Cyclically Adjusted Revenue per Share Comparison

For the Real Estate Services subindustry, Helbor Empreendimentos'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.


Helbor Empreendimentos Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Helbor Empreendimentos's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:HBOR3
71GF Score
Helbor Empreendimentos SA BSP:HBOR3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Helbor Empreendimentos 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, Helbor Empreendimentos'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)
=2.612/175.0655*175.0655
=2.612

Current CPI (Mar. 2026) = 175.0655.

Helbor Empreendimentos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.011 108.851 8.059
201609 2.683 109.986 4.271
201612 3.683 110.802 5.819
201703 2.955 111.869 4.624
201706 1.870 112.115 2.920
201709 1.384 112.777 2.148
201712 1.392 114.068 2.136
201803 2.904 114.868 4.426
201806 2.206 117.038 3.300
201809 1.838 117.881 2.730
201812 0.059 118.340 0.087
201903 2.536 120.124 3.696
201906 3.716 120.977 5.377
201909 3.017 121.292 4.355
201912 3.390 123.436 4.808
202003 1.948 124.092 2.748
202006 1.359 123.557 1.926
202009 2.428 125.095 3.398
202012 0.545 129.012 0.740
202103 1.810 131.660 2.407
202106 2.020 133.871 2.642
202109 2.137 137.913 2.713
202112 1.178 141.992 1.452
202203 1.587 146.537 1.896
202206 1.613 149.784 1.885
202209 2.011 147.800 2.382
202212 1.620 150.207 1.888
202303 2.037 153.352 2.325
202306 2.519 154.519 2.854
202309 2.446 155.464 2.754
202312 2.615 157.148 2.913
202403 2.230 159.372 2.450
202406 2.426 161.052 2.637
202409 2.612 162.342 2.817
202412 2.305 164.740 2.449
202503 2.255 168.102 2.348
202506 2.153 169.670 2.221
202509 1.751 170.739 1.795
202512 2.344 171.765 2.389
202603 2.612 175.066 2.612

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$11.74 mean?
Helbor Empreendimentos (BSP:HBOR3) has a Cyclically Adjusted Revenue per Share of R$11.74 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 Helbor Empreendimentos and its competitors.
Is Helbor Empreendimentos' Cyclically Adjusted Revenue per Share too high?
Helbor Empreendimentos' current Cyclically Adjusted Revenue per Share is R$11.74. Overall, Helbor Empreendimentos has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helbor Empreendimentos' Cyclically Adjusted Revenue per Share compare to CBRE and BEKE?
Helbor Empreendimentos' Cyclically Adjusted Revenue per Share of R$11.74 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Helbor Empreendimentos and its competitors. Helbor Empreendimentos's current Cyclically Adjusted Revenue per Share is R$11.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helbor Empreendimentos stock overvalued right now?
Based on GuruFocus' analysis, Helbor Empreendimentos (BSP:HBOR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$2.97, compared to a current price of R$2.13 — trading 28.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$11.74. Helbor Empreendimentos' overall GF Score™ is 71/100 with 5 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 Helbor Empreendimentos (BSP:HBOR3), the current Cyclically Adjusted Revenue per Share is R$11.74 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 Helbor Empreendimentos (BSP:HBOR3) Overvalued in 2026?

Based on GuruFocus' analysis, Helbor Empreendimentos stock appears to be undervalued. The current stock price of R$2.13 is trading 28.3% below its estimated GF Value™ of R$2.97. GuruFocus considers Helbor Empreendimentos to be Modestly Undervalued.

Key valuation signals for BSP:HBOR3:

  • Cyclically Adjusted Revenue per Share: R$11.74
  • GF Value™: R$2.97 vs. price of R$2.13 (28.3% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the BSP:HBOR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Helbor Empreendimentos Business Description

Address Av. Vereador Narciso Yague Guimaraes, 1.145, 15th Floor, Mogi Das Cruzes, SP, BRA, 8710500
Helbor Empreendimentos SA is a Brazil-based company which engages in incorporation of real estate projects, as well as the provision of venture management services and acquisition, administration, development, lease and management of corporate buildings, shopping malls, parking lots, strip malls, industrial warehouses and hotel. . The firm also provides real estate development management services. Its portfolio includes residential, industrial, and commercial properties. Its revenue sources include revenue from sales of properties and management fee.
71GF Score

Get the complete analysis for BSP:HBOR3

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

R$2.13
Price
R$2.97
GF Value