Bank Bradesco (Bank Bradesco) Price-to-Tangible-Book

: 0.95 (As of Today)

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As of today (2024-04-18), Bank Bradesco's share price is $2.63. Bank Bradesco's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.77. Hence, Bank Bradesco's Price to Tangible Book Ratio of today is 0.95.

The historical rank and industry rank for Bank Bradesco's Price-to-Tangible-Book or its related term are showing as below:

BBD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89 Med: 1.72 Max: 2.27
Current: 0.9

During the past 13 years, Bank Bradesco's highest Price to Tangible Book Ratio was 2.27. The lowest was 0.89. And the median was 1.72.

BBD's Price-to-Tangible-Book is ranked better than
51.91% of 1443 companies
in the Banks industry
Industry Median: 0.91 vs BBD: 0.90

A closely related ratio is called PB Ratio. As of today, Bank Bradesco's share price is $2.63. Bank Bradesco's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.19. Hence, Bank Bradesco's P/B Ratio of today is 0.82.

Bank Bradesco Price-to-Tangible-Book Historical Data

The historical data trend for Bank Bradesco's Price-to-Tangible-Book 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.45

1.83

1.39

1.15

1.27

Bank Bradesco Quarterly Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.15	1.02	1.21	1.02	1.27

Competitive Comparison

For the Banks - Regional subindustry, Bank Bradesco's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Bank Bradesco's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bank Bradesco's Price-to-Tangible-Book falls into.

Bank Bradesco Price-to-Tangible-Book Calculation

Bank Bradesco's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.63	/	2.766
	=	0.95

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Bank Bradesco Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Bank Bradesco's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank Bradesco (Bank Bradesco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Bradesco SA (NYSE:BBD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BBDO:USA XBBDC:Spain BREC:Germany BBDC4:Brazil BBDC3:Brazil BBD:Argentina

Address

Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900

Website

https://www.banco.bradesco/ri

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.