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Bank Bradesco (Bank Bradesco) Cyclically Adjusted PS Ratio : 1.09 (As of Apr. 28, 2024)


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What is Bank Bradesco Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Bank Bradesco's current share price is $2.37. Bank Bradesco's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.17. Bank Bradesco's Cyclically Adjusted PS Ratio for today is 1.09.

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

BBDO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.46   Max: 2.66
Current: 1.17

During the past years, Bank Bradesco's highest Cyclically Adjusted PS Ratio was 2.66. The lowest was 1.12. And the median was 1.46.

BBDO's Cyclically Adjusted PS Ratio is ranked better than
83.11% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs BBDO: 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.

Bank Bradesco's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.458. 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 $2.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Bradesco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bank Bradesco'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.

Bank Bradesco Cyclically Adjusted PS Ratio Chart

Bank Bradesco 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 - - 1.61 1.36 1.46

Bank Bradesco Quarterly Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 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 1.36 1.14 1.41 1.21 1.46

Competitive Comparison of Bank Bradesco's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Bank Bradesco'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.


Bank Bradesco's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Bradesco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bank Bradesco 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.

Bank Bradesco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.37/2.17
=1.09

* 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.

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

For example, Bank Bradesco'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)
=0.458/156.2729*156.2729
=0.458

Current CPI (Dec. 2023) = 156.2729.

Bank Bradesco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200412 0.179 55.658 0.503
200503 0.323 56.654 0.891
200506 0.386 57.416 1.051
200509 0.483 57.859 1.305
200512 0.225 58.824 0.598
200603 0.518 59.670 1.357
200606 0.523 59.729 1.368
200609 0.576 59.998 1.500
200612 0.224 60.672 0.577
200703 0.551 61.434 1.402
200706 0.759 61.933 1.915
200709 0.673 62.486 1.683
200712 0.540 63.377 1.332
200803 0.758 64.339 1.841
200806 0.935 65.686 2.224
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
201412 0.000 94.194 0.000
201512 0.000 104.247 0.000
201612 0.000 110.802 0.000
201712 0.000 114.068 0.000
201812 0.000 118.340 0.000
201912 0.000 123.436 0.000
202012 0.000 129.012 0.000
202103 0.382 131.660 0.453
202106 0.466 133.871 0.544
202109 0.415 137.913 0.470
202112 0.464 141.992 0.511
202203 0.560 146.537 0.597
202206 0.471 149.784 0.491
202209 0.414 147.800 0.438
202212 0.515 150.207 0.536
202303 0.465 153.352 0.474
202306 0.453 154.519 0.458
202309 0.439 155.464 0.441
202312 0.458 156.273 0.458

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.


Bank Bradesco  (NYSE:BBDO) 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.


Bank Bradesco Cyclically Adjusted PS Ratio Related Terms

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


Bank Bradesco (Bank Bradesco) Business Description

Address
Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Bank Bradesco (Bank Bradesco) Headlines