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Banco BTG Pactual S.A. (BSP:BPAC11) Cyclically Adjusted PS Ratio : (As of Jun. 05, 2024)


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What is Banco BTG Pactual S.A. Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco BTG Pactual S.A. Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco BTG Pactual S.A.'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.

Banco BTG Pactual S.A. Cyclically Adjusted PS Ratio Chart

Banco BTG Pactual S.A. 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 - - - 10.68 11.91

Banco BTG Pactual S.A. Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.17 11.49 10.14 11.91 -

Competitive Comparison of Banco BTG Pactual S.A.'s Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Banco BTG Pactual S.A.'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.


Banco BTG Pactual S.A.'s Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banco BTG Pactual S.A.'s Cyclically Adjusted PS Ratio falls into.



Banco BTG Pactual S.A. 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.

Banco BTG Pactual S.A.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Banco BTG Pactual S.A.'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)
=3.198/157.1481*157.1481
=3.198

Current CPI (Dec. 2023) = 157.1481.

Banco BTG Pactual S.A. Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 0.000 80.803 0.000
201209 0.357 81.948 0.685
201212 1.194 83.581 2.245
201306 0.000 86.214 0.000
201312 0.000 88.522 0.000
201406 0.000 91.838 0.000
201412 0.000 94.194 0.000
201506 0.000 100.006 0.000
201512 0.000 104.247 0.000
201603 1.360 106.979 1.998
201606 1.717 108.851 2.479
201612 0.000 110.802 0.000
201703 0.640 111.869 0.899
201706 0.292 112.115 0.409
201709 0.646 112.777 0.900
201712 0.409 114.068 0.563
201803 0.553 114.868 0.757
201806 0.288 117.038 0.387
201809 0.426 117.881 0.568
201812 -1.225 118.340 -1.627
201903 0.543 120.124 0.710
201906 0.769 120.977 0.999
201909 0.714 121.292 0.925
201912 1.114 123.436 1.418
202003 0.217 124.092 0.275
202006 0.961 123.557 1.222
202009 0.989 125.095 1.242
202012 1.467 129.012 1.787
202103 0.908 131.660 1.084
202106 1.902 133.871 2.233
202109 1.932 137.913 2.201
202112 1.761 141.992 1.949
202203 2.529 146.537 2.712
202206 2.466 149.784 2.587
202209 3.060 147.800 3.254
202212 2.909 150.207 3.043
202303 2.526 153.352 2.589
202306 2.688 154.519 2.734
202309 3.561 155.464 3.600
202312 3.198 157.148 3.198

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.


Banco BTG Pactual S.A.  (BSP:BPAC11) 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.


Banco BTG Pactual S.A. Cyclically Adjusted PS Ratio Related Terms

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Banco BTG Pactual S.A. (BSP:BPAC11) Business Description

Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 14th Floor, Sao Paulo, SP, BRA, 3477
Banco BTG Pactual S.A. is a Brazil-based banking firm. The core activities of the company involve investment banking and investment management activities. It also provides corporate lending, brokerage service, commercial, consumer, and merchant banking services. Banco BTG is one of the largest asset management firms in Latin America and has a foreign presence in countries like Mexico, the United Kingdom and the United States. Its product portfolio includes instruments like fixed income, equity, and hedge funds.

Banco BTG Pactual S.A. (BSP:BPAC11) Headlines

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