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CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Cyclically Adjusted PS Ratio : 1.20 (As of May. 16, 2024)


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What is CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio?

As of today (2024-05-16), CIA de Gas deo Paulo - COMGAS's current share price is R$113.00. CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$94.04. CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio for today is 1.20.

The historical rank and industry rank for CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:CGAS5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.64   Max: 3.69
Current: 1.17

During the past years, CIA de Gas deo Paulo - COMGAS's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 1.02. And the median was 1.64.

BSP:CGAS5's Cyclically Adjusted PS Ratio is ranked better than
53.35% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.29 vs BSP:CGAS5: 1.17

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 de Gas deo Paulo - COMGAS's adjusted revenue per share data for the three months ended in Dec. 2023 was R$28.119. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$94.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio 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.

* Premium members only.

CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Chart

CIA de Gas deo Paulo - COMGAS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 2.63 1.99 1.52 1.32

CIA de Gas deo Paulo - COMGAS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 1.52 1.36 1.40 1.31 1.32

Competitive Comparison of CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS'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 de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio falls into.



CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=113.00/94.04
=1.20

* 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 de Gas deo Paulo - COMGAS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CIA de Gas deo Paulo - COMGAS's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=28.119/157.1481*157.1481
=28.119

Current CPI (Dec. 2023) = 157.1481.

CIA de Gas deo Paulo - COMGAS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.657 90.447 21.991
201406 13.261 91.838 22.692
201409 13.485 92.602 22.885
201412 13.479 94.194 22.488
201503 12.043 97.799 19.351
201506 13.123 100.006 20.621
201509 13.689 101.392 21.217
201512 12.949 104.247 19.520
201603 11.226 106.979 16.491
201606 11.488 108.851 16.585
201609 10.600 109.986 15.145
201612 11.130 110.802 15.785
201703 8.682 111.869 12.196
201706 10.288 112.115 14.420
201709 14.835 112.777 20.672
201712 11.509 114.068 15.856
201803 11.002 114.868 15.052
201806 12.007 117.038 16.122
201809 14.324 117.881 19.095
201812 14.430 118.340 19.162
201903 15.520 120.124 20.304
201906 17.620 120.977 22.888
201909 19.478 121.292 25.236
201912 19.042 123.436 24.243
202003 17.368 124.092 21.995
202006 10.649 123.557 13.544
202009 16.710 125.095 20.992
202012 17.934 129.012 21.845
202103 17.288 131.660 20.635
202106 20.311 133.871 23.843
202109 30.597 137.913 34.864
202112 26.677 141.992 29.524
202203 34.468 146.537 36.964
202206 42.108 149.784 44.178
202209 36.620 147.800 38.936
202212 30.801 150.207 32.224
202303 37.269 153.352 38.191
202306 37.236 154.519 37.870
202309 27.283 155.464 27.579
202312 28.119 157.148 28.119

Add all the adjusted revenue per share together and divide 10 will get our 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.


CIA de Gas deo Paulo - COMGAS  (BSP:CGAS5) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


CIA de Gas deo Paulo - COMGAS Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of CIA de Gas deo Paulo - COMGAS's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Business Description

Traded in Other Exchanges
Address
Brigadeiro Faria Lima Avenue, 4,100 / 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.

CIA de Gas deo Paulo - COMGAS (BSP:CGAS5) Headlines

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