Vulcabras (BSP:VULC3) Cyclically Adjusted Revenue per Share: R$9.61 (As of Mar. 2026)

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BSP:VULC3 Vulcabras SA BSP:VULC3
91 GF Score
Price R$14.50
GF Value R$19.71
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Vulcabras Cyclically Adjusted Revenue per Share?

Vulcabras BSP:VULC3 +1.75% 91 Cyclically Adjusted Revenue per Share is R$9.61 as of Mar. 2026. GuruFocus rates BSP:VULC3 with a GF Score™ of 91/100 and a GF Value™ of R$19.71 (Modestly Undervalued). The stock has 4 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.

Vulcabras's adjusted revenue per share for the three months ended in Mar. 2026 was R$2.477. 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$9.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vulcabras's average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.20% 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 Vulcabras was -0.10% per year. The lowest was -17.00% per year. And the median was -13.75% per year.

As of today (2026-07-22), Vulcabras's current stock price is R$14.50. Vulcabras's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$9.61. Vulcabras's Cyclically Adjusted PS Ratio of today is 1.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vulcabras was 2.45. The lowest was 0.21. And the median was 0.85.


Vulcabras  (BSP:VULC3) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.50/9.61
=1.51

* 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 Vulcabras was 2.45. The lowest was 0.21. And the median was 0.85.


Be Aware

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


Vulcabras Cyclically Adjusted Revenue per Share Related Terms


Vulcabras Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Vulcabras'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.

Vulcabras Cyclically Adjusted Revenue per Share Chart

Vulcabras 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 11.42 9.41 8.26 8.62 9.39

Vulcabras 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 8.79 8.90 8.99 9.39 9.61

BSP:VULC3 vs NKE, DECK, ONON: Cyclically Adjusted Revenue per Share Comparison

For the Footwear & Accessories subindustry, Vulcabras'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.


Vulcabras Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vulcabras's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:VULC3
91GF Score
Vulcabras SA BSP:VULC3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vulcabras 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, Vulcabras'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)
=2.477/175.0655*175.0655
=2.477

Current CPI (Mar. 2026) = 175.0655.

Vulcabras Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.344 108.851 2.162
201609 1.551 109.986 2.469
201612 1.545 110.802 2.441
201703 1.488 111.869 2.329
201706 1.553 112.115 2.425
201709 1.730 112.777 2.686
201712 1.276 114.068 1.958
201803 1.103 114.868 1.681
201806 1.065 117.038 1.593
201809 1.221 117.881 1.813
201812 1.338 118.340 1.979
201903 1.134 120.124 1.653
201906 1.240 120.977 1.794
201909 1.355 121.292 1.956
201912 1.409 123.436 1.998
202003 0.900 124.092 1.270
202006 0.374 123.557 0.530
202009 1.452 125.095 2.032
202012 1.725 129.012 2.341
202103 1.172 131.660 1.558
202106 1.514 133.871 1.980
202109 2.005 137.913 2.545
202112 2.321 141.992 2.862
202203 1.793 146.537 2.142
202206 2.485 149.784 2.904
202209 2.518 147.800 2.983
202212 2.807 150.207 3.272
202303 2.190 153.352 2.500
202306 2.751 154.519 3.117
202309 2.800 155.464 3.153
202312 3.022 157.148 3.367
202403 2.148 159.372 2.360
202406 2.636 161.052 2.865
202409 2.745 162.342 2.960
202412 3.138 164.740 3.335
202503 2.441 168.102 2.542
202506 3.111 169.670 3.210
202509 3.316 170.739 3.400
202512 3.413 171.765 3.479
202603 2.477 175.066 2.477

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$9.61 mean?
Vulcabras (BSP:VULC3) has a Cyclically Adjusted Revenue per Share of R$9.61 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 Vulcabras and its competitors.
Is Vulcabras' Cyclically Adjusted Revenue per Share too high?
Vulcabras' current Cyclically Adjusted Revenue per Share is R$9.61. Overall, Vulcabras has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcabras' Cyclically Adjusted Revenue per Share compare to NKE and DECK?
Vulcabras' Cyclically Adjusted Revenue per Share of R$9.61 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Revenue per Share depends on the Manufacturing - Apparel & Accessories 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 Vulcabras and its competitors. Vulcabras's current Cyclically Adjusted Revenue per Share is R$9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcabras stock overvalued right now?
Based on GuruFocus' analysis, Vulcabras (BSP:VULC3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$19.71, compared to a current price of R$14.50 — trading 26.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$9.61. Vulcabras' overall GF Score™ is 91/100 with 4 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 Vulcabras (BSP:VULC3), the current Cyclically Adjusted Revenue per Share is R$9.61 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 Vulcabras (BSP:VULC3) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcabras stock appears to be undervalued. The current stock price of R$14.50 is trading 26.4% below its estimated GF Value™ of R$19.71. GuruFocus considers Vulcabras to be Modestly Undervalued.

Key valuation signals for BSP:VULC3:

  • Cyclically Adjusted Revenue per Share: R$9.61
  • GF Value™: R$19.71 vs. price of R$14.50 (26.4% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the BSP:VULC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vulcabras Business Description

Address Avenue Antonio Frederico Ozanan, 1440, Jundiai, SP, BRA, 13219-001
Vulcabras SA is a Brazil-based company engaged in the trading and production of apparel and accessories products, particularly sportswear and professional footwear. The company manages its own brands like Azaleia, Dijean, Olk, Olympikus, Opanka, and Vulcabras, as well as third-party brands like Mizuno and Under Armour. Along with its subsidiaries, it operates in the segment of production and sale of synthetic footwear for the domestic and foreign markets. The majority of the group's revenue is generated from the sale of sports shoes. Geographically, it derives maximum revenue from the domestic market.
91GF Score

Get the complete analysis for BSP:VULC3

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

R$14.50
Price
R$19.71
GF Value