Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Cyclically Adjusted Revenue per Share: MXN1,857.45 (As of Mar. 2026)

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MEX:CIGN Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
57 GF Score
Price MXN38.00
GF Value MXN8,476.90
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted Revenue per Share?

Cia Energetica DE Minas Gerais - Cemig MEX:CIGN 57 Cyclically Adjusted Revenue per Share is MXN1,857.45 as of Mar. 2026. GuruFocus rates MEX:CIGN with a GF Score™ of 57/100 and a GF Value™ of MXN8,476.90 (Significantly 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.

Cia Energetica DE Minas Gerais - Cemig's adjusted revenue per share for the three months ended in Mar. 2026 was MXN12,465.896. 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 MXN1,857.45 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cia Energetica DE Minas Gerais - Cemig's average Cyclically Adjusted Revenue Growth Rate was 107.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 221.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 69.40% 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 Cia Energetica DE Minas Gerais - Cemig was 221.40% per year. The lowest was 2.80% per year. And the median was 12.20% per year.

As of today (2026-07-30), Cia Energetica DE Minas Gerais - Cemig's current stock price is MXN38.00. Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,857.45. Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted PS Ratio of today is 0.02.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Cia Energetica DE Minas Gerais - Cemig was 1.34. The lowest was 0.02. And the median was 0.79.


Cia Energetica DE Minas Gerais - Cemig  (MEX:CIGN) 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.

Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=38.00/1857.45
=0.02

* 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 Cia Energetica DE Minas Gerais - Cemig was 1.34. The lowest was 0.02. And the median was 0.79.


Be Aware

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


Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted Revenue per Share Related Terms


Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Cia Energetica DE Minas Gerais - Cemig'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.

Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted Revenue per Share Chart

Cia Energetica DE Minas Gerais - Cemig 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 24.62 28.53 30.34 31.26 870.11

Cia Energetica DE Minas Gerais - Cemig 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 991.39 871.38 878.00 870.11 1,857.45

MEX:CIGN vs NEE, SO, DUK: Cyclically Adjusted Revenue per Share Comparison

For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig'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.


Cia Energetica DE Minas Gerais - Cemig Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted PS Ratio falls into.


MEX:CIGN
57GF Score
Cia Energetica DE Minas Gerais - Cemig MEX:CIGN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cia Energetica DE Minas Gerais - Cemig 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, Cia Energetica DE Minas Gerais - Cemig'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)
=12465.896/175.0655*175.0655
=12,465.896

Current CPI (Mar. 2026) = 175.0655.

Cia Energetica DE Minas Gerais - Cemig Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.119 108.851 16.274
201609 11.636 109.986 18.521
201612 11.293 110.802 17.843
201703 11.738 111.869 18.369
201706 11.566 112.115 18.060
201709 12.054 112.777 18.712
201712 9.682 114.068 14.859
201803 9.558 114.868 14.567
201806 10.213 117.038 15.277
201809 9.951 117.881 14.778
201812 0.000 118.340 0.000
201903 10.440 120.124 15.215
201906 12.218 120.977 17.681
201909 10.169 121.292 14.677
201912 0.000 123.436 0.000
202003 8.998 124.092 12.694
202006 8.568 123.557 12.140
202009 9.128 125.095 12.774
202012 9.790 129.012 13.285
202103 8.109 131.660 10.782
202106 13.232 133.871 17.304
202109 12.969 137.913 16.463
202112 12.198 141.992 15.039
202203 10.975 146.537 13.112
202206 10.170 149.784 11.887
202209 12.288 147.800 14.555
202212 12.003 150.207 13.989
202303 10.297 153.352 11.755
202306 10.323 154.519 11.696
202309 11.517 155.464 12.969
202312 13.129 157.148 14.626
202403 10.403 159.372 11.427
202406 11.218 161.052 12.194
202409 12.498 162.342 13.477
202412 13.468 164.740 14.312
202503 12,054.489 168.102 12,553.867
202506 12.951 169.670 13.363
202509 12.588 170.739 12.907
202512 13.375 171.765 13.632
202603 12,465.896 175.066 12,465.896

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 MXN1,857.45 mean?
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) has a Cyclically Adjusted Revenue per Share of MXN1,857.45 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 Cia Energetica DE Minas Gerais - Cemig and its competitors.
Is Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted Revenue per Share too high?
Cia Energetica DE Minas Gerais - Cemig's current Cyclically Adjusted Revenue per Share is MXN1,857.45. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted Revenue per Share compare to NEE and SO?
Cia Energetica DE Minas Gerais - Cemig's Cyclically Adjusted Revenue per Share of MXN1,857.45 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 Cia Energetica DE Minas Gerais - Cemig and its competitors. Cia Energetica DE Minas Gerais - Cemig's current Cyclically Adjusted Revenue per Share is MXN1,857.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN8,476.90, compared to a current price of MXN38.00 — trading 99.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN1,857.45. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 57/100 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 Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current Cyclically Adjusted Revenue per Share is MXN1,857.45 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 Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Overvalued in 2026?

Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued. The current stock price of MXN38.00 is trading 99.6% below its estimated GF Value™ of MXN8,476.90. GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.

Key valuation signals for MEX:CIGN:

  • Cyclically Adjusted Revenue per Share: MXN1,857.45
  • GF Value™: MXN8,476.90 vs. price of MXN38.00 (99.6% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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


Cia Energetica DE Minas Gerais - Cemig Business Description

Address Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
57GF Score

Get the complete analysis for MEX:CIGN

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

MXN38.00
Price
MXN8,476.90
GF Value