Gerdau (MEX:GGBN) Cyclically Adjusted Revenue per Share: MXN121.87 (As of Jun. 2026)

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MEX:GGBN Gerdau SA MEX:GGBN
68 GF Score
Price MXN86.75
GF Value MXN69.33
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Gerdau Cyclically Adjusted Revenue per Share?

Gerdau MEX:GGBN 68 Cyclically Adjusted Revenue per Share is MXN121.87 as of Jun. 2026. GuruFocus rates MEX:GGBN with a GF Score™ of 68/100 and a GF Value™ of MXN69.33 (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 MXN30.717. 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 MXN121.87 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 MXN86.75. Gerdau's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN121.87. Gerdau's Cyclically Adjusted PS Ratio of today is 0.71.

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  (MEX:GGBN) 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
=86.75/121.87
=0.71

* 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 95.18 109.33 103.60 104.81 109.62

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 113.30 114.09 109.62 111.36 121.87

MEX:GGBN 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.


MEX:GGBN
68GF Score
Gerdau SA MEX:GGBN
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)
=30.717/177.5443*177.5443
=30.717

Current CPI (Jun. 2026) = 177.5443.

Gerdau Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 23.845 109.986 38.492
201612 24.607 110.802 39.429
201703 23.648 111.869 37.531
201706 23.346 112.115 36.971
201709 25.257 112.777 39.762
201712 27.169 114.068 42.288
201803 26.585 114.868 41.091
201806 29.007 117.038 44.003
201809 27.248 117.881 41.039
201812 24.879 118.340 37.326
201903 23.510 120.124 34.748
201906 23.487 120.977 34.469
201909 22.101 121.292 32.351
201912 29.236 123.436 42.052
202003 20.671 124.092 29.575
202006 18.048 123.557 25.934
202009 23.327 125.095 33.107
202012 24.569 129.012 33.811
202103 27.463 131.660 37.034
202106 35.083 133.871 46.528
202109 29.061 137.913 37.412
202112 36.382 141.992 45.491
202203 37.650 146.537 45.617
202206 42.417 149.784 50.279
202209 38.043 147.800 45.699
202212 31.750 150.207 37.528
202303 30.965 153.352 35.850
202306 30.578 154.519 35.135
202309 28.334 155.464 32.358
202312 24.242 157.148 27.388
202403 25.596 159.372 28.514
202406 26.751 161.052 29.490
202409 29.322 162.342 32.068
202412 27.696 164.740 29.849
202503 30.181 168.102 31.876
202506 29.597 169.670 30.971
202509 30.752 170.739 31.978
202512 27.934 171.765 28.874
202603 29.057 175.066 29.468
202606 30.717 177.544 30.717

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 MXN121.87 mean?
Gerdau (MEX:GGBN) has a Cyclically Adjusted Revenue per Share of MXN121.87 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 MXN121.87. Overall, Gerdau has a GF Score™ of 68/100 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 MXN121.87 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 MXN121.87. 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 (MEX:GGBN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN69.33, compared to a current price of MXN86.75 — trading 25.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN121.87. Gerdau's overall GF Score™ is 68/100 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 (MEX:GGBN), the current Cyclically Adjusted Revenue per Share is MXN121.87 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 (MEX:GGBN) Overvalued in 2026?

Based on GuruFocus' analysis, Gerdau stock appears to be overvalued. The current stock price of MXN86.75 is trading 25.1% above its estimated GF Value™ of MXN69.33. GuruFocus considers Gerdau to be Modestly Overvalued.

Key valuation signals for MEX:GGBN:

  • Cyclically Adjusted Revenue per Share: MXN121.87
  • GF Value™: MXN69.33 vs. price of MXN86.75 (25.1% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the MEX:GGBN 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.
68GF Score

Get the complete analysis for MEX:GGBN

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

MXN86.75
Price
MXN69.33
GF Value