Ultrapar Participacoes (MEX:UGPN) Cyclically Adjusted Revenue per Share: MXN (As of Jun. 2026)

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MEX:UGPN Ultrapar Participacoes SA MEX:UGPN
69 GF Score
Price MXN98.30
GF Value MXN66.11
! 4 Warning Signs
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What is Ultrapar Participacoes Cyclically Adjusted Revenue per Share?

Ultrapar Participacoes MEX:UGPN 69 Cyclically Adjusted Revenue per Share is MXN as of Jun. 2026. GuruFocus rates MEX:UGPN with a GF Score™ of 69/100 and a GF Value™ of MXN66.11. 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.

Ultrapar Participacoes's adjusted revenue per share for the three months ended in Jun. 2026 was MXN130.596. 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 MXN for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ultrapar Participacoes's average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.70% 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 Ultrapar Participacoes was 20.20% per year. The lowest was 3.60% per year. And the median was 12.30% per year.

As of today (2026-09-22), Ultrapar Participacoes's current stock price is MXN98.30. Ultrapar Participacoes's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN. Ultrapar Participacoes's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ultrapar Participacoes was 0.36. The lowest was 0.09. And the median was 0.21.


Ultrapar Participacoes  (MEX:UGPN) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ultrapar Participacoes was 0.36. The lowest was 0.09. And the median was 0.21.


Be Aware

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


Ultrapar Participacoes Cyclically Adjusted Revenue per Share Related Terms


Ultrapar Participacoes Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Cyclically Adjusted Revenue per Share Chart

Ultrapar Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
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Ultrapar Participacoes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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MEX:UGPN vs MPC, VLO, PSX: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


Ultrapar Participacoes Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:UGPN
69GF Score
Ultrapar Participacoes SA MEX:UGPN
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultrapar Participacoes 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, Ultrapar Participacoes'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)
=130.596/177.5443*177.5443
=130.596

Current CPI (Jun. 2026) = 177.5443.

Ultrapar Participacoes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 102.991 109.986 166.253
201612 105.676 110.802 169.331
201703 109.760 111.869 174.197
201706 100.459 112.115 159.087
201709 104.922 112.777 165.178
201712 114.188 114.068 177.731
201803 109.691 114.868 169.542
201806 111.727 117.038 169.488
201809 105.051 117.881 158.220
201812 111.965 118.340 167.980
201903 99.246 120.124 146.687
201906 91.800 120.977 134.724
201909 104.068 121.292 152.332
201912 101.907 123.436 146.578
202003 87.842 124.092 125.680
202006 62.918 123.557 90.409
202009 77.856 125.095 110.499
202012 80.599 129.012 110.919
202103 74.819 131.660 100.894
202106 91.443 133.871 121.275
202109 102.904 137.913 132.475
202112 108.681 141.992 135.892
202203 112.677 146.537 136.519
202206 136.972 149.784 162.358
202209 138.201 147.800 166.014
202212 122.359 150.207 144.628
202303 99.383 153.352 115.061
202306 95.710 154.519 109.972
202309 102.841 155.464 117.448
202312 107.104 157.148 121.005
202403 93.840 159.372 104.540
202406 95.627 161.052 105.420
202409 107.771 162.342 117.863
202412 108.937 164.740 117.404
202503 104.706 168.102 110.588
202506 105.748 169.670 110.656
202509 114.338 170.739 118.895
202512 118.413 171.765 122.397
202603 112.336 175.066 113.927
202606 130.596 177.544 130.596

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 MXN mean?
Ultrapar Participacoes (MEX:UGPN) has a Cyclically Adjusted Revenue per Share of MXN 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 Ultrapar Participacoes and its competitors.
Is Ultrapar Participacoes' Cyclically Adjusted Revenue per Share too high?
Ultrapar Participacoes' current Cyclically Adjusted Revenue per Share is MXN. Overall, Ultrapar Participacoes has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' Cyclically Adjusted Revenue per Share compare to MPC and VLO?
Ultrapar Participacoes' Cyclically Adjusted Revenue per Share of MXN can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Ultrapar Participacoes and its competitors. Ultrapar Participacoes's current Cyclically Adjusted Revenue per Share is MXN. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Ultrapar Participacoes (MEX:UGPN) has a current Cyclically Adjusted Revenue per Share of MXN. The stock's GF Value™ is MXN66.11, compared to a current price of MXN98.30 — trading 48.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN. Ultrapar Participacoes' overall GF Score™ is 69/100 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 Ultrapar Participacoes (MEX:UGPN), the current Cyclically Adjusted Revenue per Share is MXN 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 Ultrapar Participacoes (MEX:UGPN) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of MXN98.30 is trading 48.7% above its estimated GF Value™ of MXN66.11.

Key valuation signals for MEX:UGPN:

  • Cyclically Adjusted Revenue per Share: MXN
  • GF Value™: MXN66.11 vs. price of MXN98.30 (48.7% above fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
69GF Score

Get the complete analysis for MEX:UGPN

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

MXN98.30
Price
MXN66.11
GF Value