GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander (Brasil) SA (NYSE:BSBR) » Definitions » Cyclically Adjusted PB Ratio

Bancontander (Brasil) (Bancontander (Brasil)) Cyclically Adjusted PB Ratio : 0.77 (As of Apr. 29, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Bancontander (Brasil) Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Bancontander (Brasil)'s current share price is $5.43. Bancontander (Brasil)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.06. Bancontander (Brasil)'s Cyclically Adjusted PB Ratio for today is 0.77.

The historical rank and industry rank for Bancontander (Brasil)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BSBR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.09   Max: 2.06
Current: 0.78

During the past years, Bancontander (Brasil)'s highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.75. And the median was 1.09.

BSBR's Cyclically Adjusted PB Ratio is ranked better than
61.97% of 1178 companies
in the Banks industry
Industry Median: 0.92 vs BSBR: 0.78

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bancontander (Brasil)'s adjusted book value per share data for the three months ended in Dec. 2023 was $3.138. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $7.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander (Brasil) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander (Brasil)'s Cyclically Adjusted PB 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.

Bancontander (Brasil) Cyclically Adjusted PB Ratio Chart

Bancontander (Brasil) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.49 0.91 0.83 0.93

Bancontander (Brasil) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 0.91 0.83 0.88 0.75 0.93

Competitive Comparison of Bancontander (Brasil)'s Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bancontander (Brasil)'s Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Bancontander (Brasil)'s Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bancontander (Brasil)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bancontander (Brasil)'s Cyclically Adjusted PB Ratio falls into.



Bancontander (Brasil) Cyclically Adjusted PB Ratio Calculation

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

Bancontander (Brasil)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.43/7.06
=0.77

* 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.

Bancontander (Brasil)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bancontander (Brasil)'s adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.138/156.2729*156.2729
=3.138

Current CPI (Dec. 2023) = 156.2729.

Bancontander (Brasil) Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.479 88.522 7.907
201403 4.266 90.447 7.371
201406 4.640 91.838 7.896
201409 4.450 92.602 7.510
201412 3.930 94.194 6.520
201503 3.347 97.799 5.348
201506 3.608 100.006 5.638
201509 2.780 101.392 4.285
201512 2.720 104.247 4.077
201603 2.976 106.979 4.347
201606 3.317 108.851 4.762
201609 3.593 109.986 5.105
201612 3.338 110.802 4.708
201703 3.707 111.869 5.178
201706 3.548 112.115 4.945
201709 3.829 112.777 5.306
201712 3.513 114.068 4.813
201803 3.578 114.868 4.868
201806 3.146 117.038 4.201
201809 2.965 117.881 3.931
201812 3.138 118.340 4.144
201903 3.264 120.124 4.246
201906 3.335 120.977 4.308
201909 3.237 121.292 4.171
201912 3.154 123.436 3.993
202003 2.727 124.092 3.434
202006 2.606 123.557 3.296
202009 2.569 125.095 3.209
202012 2.756 129.012 3.338
202103 2.495 131.660 2.961
202106 2.824 133.871 3.297
202109 2.678 137.913 3.035
202112 2.502 141.992 2.754
202203 2.855 146.537 3.045
202206 2.869 149.784 2.993
202209 2.805 147.800 2.966
202212 2.825 150.207 2.939
202306 3.109 154.519 3.144
202309 3.077 155.464 3.093
202312 3.138 156.273 3.138

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Bancontander (Brasil)  (NYSE:BSBR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Bancontander (Brasil) Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bancontander (Brasil)'s Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bancontander (Brasil) (Bancontander (Brasil)) Business Description

Address
Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio WTORRE JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.

Bancontander (Brasil) (Bancontander (Brasil)) Headlines

From GuruFocus

BANCO SANTANDER (BRASIL) S.A.: NOTICE TO THE MARKET

By PRNewswire PRNewswire 03-01-2023

Tweedy, Browne Buys 2 New Stocks

By Holly LaFon Holly LaFon 07-24-2013

Banco Santander (Brasil) SA's Dividend Analysis

By GuruFocus Research 10-19-2023

Tweedy Browne Comments on Banco Santander

By Holly LaFon 11-26-2013

Banco Santander (Brasil) SA's Dividend Analysis

By GuruFocus Research 01-22-2024

Tweedy Browne Global Value Fund Buys 3 New Stocks

By Holly LaFon Holly LaFon 07-30-2013

Weekly Guru Bargains Highlights: BSBR, BBVA, PBR.A, BBL, PKX

By hyperman299 hyperman299 01-28-2015

Low P/E Stocks Picked from Davis Advisors' Portfolio

By Federico F Federico Flom 01-06-2012