Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Cyclically Adjusted Revenue per Share: €3.51 (As of Mar. 2026)


XMAD:XUSIO Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
46 GF Score
Price €1.23
GF Value €0.98
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share?

Usinas Siderurgicas de Minas Gerais XMAD:XUSIO 46 Cyclically Adjusted Revenue per Share is €3.51 as of Mar. 2026. GuruFocus rates XMAD:XUSIO with a GF Score™ of 46/100 and a GF Value™ of €0.98 (Modestly Overvalued). 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.

Usinas Siderurgicas de Minas Gerais's adjusted revenue per share for the three months ended in Mar. 2026 was €0.789. 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 €3.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Usinas Siderurgicas de Minas Gerais's average Cyclically Adjusted Revenue Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.80% 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 Usinas Siderurgicas de Minas Gerais was 8.60% per year. The lowest was 0.60% per year. And the median was 5.20% per year.

As of today (2026-07-03), Usinas Siderurgicas de Minas Gerais's current stock price is €1.23. Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.51. Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Usinas Siderurgicas de Minas Gerais was 1.57. The lowest was 0.20. And the median was 0.58.


Usinas Siderurgicas de Minas Gerais  (XMAD:XUSIO) 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.

Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1.23/3.51
=0.35

* 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 Usinas Siderurgicas de Minas Gerais was 1.57. The lowest was 0.20. 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.


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Related Terms


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Cyclically Adjusted Revenue per Share Chart

Usinas Siderurgicas de Minas Gerais 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 2.63 3.17 3.40 2.96 3.15

Usinas Siderurgicas de Minas Gerais 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 3.37 3.24 3.59 3.15 3.51

XMAD:XUSIO vs NUE, STLD, RS: Cyclically Adjusted Revenue per Share Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.


Usinas Siderurgicas de Minas Gerais Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Cyclically Adjusted PS Ratio falls into.


XMAD:XUSIO
46GF Score
Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Usinas Siderurgicas de Minas Gerais 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, Usinas Siderurgicas de Minas Gerais'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)
=0.789/175.0655*175.0655
=0.789

Current CPI (Mar. 2026) = 175.0655.

Usinas Siderurgicas de Minas Gerais Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.523 108.851 0.841
201609 0.489 109.986 0.778
201612 0.507 110.802 0.801
201703 0.572 111.869 0.895
201706 0.566 112.115 0.884
201709 0.572 112.777 0.888
201712 0.686 114.068 1.053
201803 0.653 114.868 0.995
201806 0.678 117.038 1.014
201809 0.641 117.881 0.952
201812 0.726 118.340 1.074
201903 0.662 120.124 0.965
201906 0.646 120.977 0.935
201909 0.646 121.292 0.932
201912 0.691 123.436 0.980
202003 0.574 124.092 0.810
202006 0.338 123.557 0.479
202009 0.560 125.095 0.784
202012 0.710 129.012 0.963
202103 0.856 131.660 1.138
202106 1.231 133.871 1.610
202109 1.295 137.913 1.644
202112 1.023 141.992 1.261
202203 1.163 146.537 1.389
202206 1.241 149.784 1.450
202209 1.320 147.800 1.564
202212 1.121 150.207 1.307
202303 1.057 153.352 1.207
202306 1.030 154.519 1.167
202309 1.022 155.464 1.151
202312 1.031 157.148 1.149
202403 0.934 159.372 1.026
202406 0.858 161.052 0.933
202409 0.882 162.342 0.951
202412 0.824 164.740 0.876
202503 0.895 168.102 0.932
202506 0.871 169.670 0.899
202509 0.848 170.739 0.869
202512 0.785 171.765 0.800
202603 0.789 175.066 0.789

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 €3.51 mean?
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) has a Cyclically Adjusted Revenue per Share of €3.51 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 Usinas Siderurgicas de Minas Gerais and its competitors.
Is Usinas Siderurgicas de Minas Gerais' Cyclically Adjusted Revenue per Share too high?
Usinas Siderurgicas de Minas Gerais' current Cyclically Adjusted Revenue per Share is €3.51. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Cyclically Adjusted Revenue per Share compare to NUE and STLD?
Usinas Siderurgicas de Minas Gerais' Cyclically Adjusted Revenue per Share of €3.51 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 Usinas Siderurgicas de Minas Gerais and its competitors. Usinas Siderurgicas de Minas Gerais's current Cyclically Adjusted Revenue per Share is €3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.98, compared to a current price of €1.23 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €3.51. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 46/100 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 Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO), the current Cyclically Adjusted Revenue per Share is €3.51 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 Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Overvalued in 2026?

Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued. The current stock price of €1.23 is trading 25.5% above its estimated GF Value™ of €0.98. GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Modestly Overvalued.

Key valuation signals for XMAD:XUSIO:

  • Cyclically Adjusted Revenue per Share: €3.51
  • GF Value™: €0.98 vs. price of €1.23 (25.5% above fair value)
  • GF Score™: 46/100 with 5 warning signs

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


Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
46GF Score

Get the complete analysis for XMAD:XUSIO

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

€1.23
Price
€0.98
GF Value