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Construtora Tenda (BSP:TEND3) Cyclically Adjusted PS Ratio : 0.59 (As of Apr. 27, 2024)


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What is Construtora Tenda Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Construtora Tenda's current share price is R$13.06. Construtora Tenda's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$22.11. Construtora Tenda's Cyclically Adjusted PS Ratio for today is 0.59.

The historical rank and industry rank for Construtora Tenda's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:TEND3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.56   Max: 0.68
Current: 0.54

During the past years, Construtora Tenda's highest Cyclically Adjusted PS Ratio was 0.68. The lowest was 0.43. And the median was 0.56.

BSP:TEND3's Cyclically Adjusted PS Ratio is ranked better than
77.11% of 1350 companies
in the Real Estate industry
Industry Median: 1.68 vs BSP:TEND3: 0.54

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.

Construtora Tenda's adjusted revenue per share data for the three months ended in Dec. 2023 was R$6.125. 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$22.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Construtora Tenda Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Construtora Tenda'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.

Construtora Tenda Cyclically Adjusted PS Ratio Chart

Construtora Tenda Annual Data
Trend Dec13 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 - - - - 0.67

Construtora Tenda 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 - - 0.52 0.60 0.67

Competitive Comparison of Construtora Tenda's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Construtora Tenda's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Construtora Tenda 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.

Construtora Tenda's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.06/22.11
=0.59

* 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.

Construtora Tenda's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Construtora Tenda'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)
=6.125/156.2729*156.2729
=6.125

Current CPI (Dec. 2023) = 156.2729.

Construtora Tenda Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200712 0.000 63.377 0.000
200812 0.000 67.118 0.000
200912 0.000 70.012 0.000
201012 0.000 74.149 0.000
201112 0.000 78.971 0.000
201212 0.000 83.581 0.000
201312 0.000 88.522 0.000
201512 0.000 104.247 0.000
201603 0.174 106.979 0.254
201606 2.279 108.851 3.272
201609 2.365 109.986 3.360
201612 2.234 110.802 3.151
201703 2.943 111.869 4.111
201706 2.667 112.115 3.717
201709 3.085 112.777 4.275
201712 2.971 114.068 4.070
201803 3.317 114.868 4.513
201806 3.386 117.038 4.521
201809 4.338 117.881 5.751
201812 3.290 118.340 4.345
201903 3.833 120.124 4.986
201906 4.564 120.977 5.896
201909 4.779 121.292 6.157
201912 4.949 123.436 6.266
202003 3.842 124.092 4.838
202006 5.282 123.557 6.681
202009 6.020 125.095 7.520
202012 6.544 129.012 7.927
202103 5.717 131.660 6.786
202106 7.102 133.871 8.290
202109 7.334 137.913 8.310
202112 5.262 141.992 5.791
202203 5.561 146.537 5.930
202206 6.356 149.784 6.631
202209 5.934 147.800 6.274
202212 6.428 150.207 6.688
202303 5.964 153.352 6.078
202306 6.801 154.519 6.878
202309 7.486 155.464 7.525
202312 6.125 156.273 6.125

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.


Construtora Tenda  (BSP:TEND3) 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.


Construtora Tenda Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Construtora Tenda's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Construtora Tenda (BSP:TEND3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works, real estate development, real estate purchase, and sale, the provision of general construction management services, the intermediation of the sale of consortium shares, and the holding of interests in other companies. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company concentrates its activities in nine metropolitan regions of Brazil, uniquely operating within bracket 2 of the Casa Verde e Amarela federal government housing program. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings.

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