GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Banco BTG Pactual S.A. (BSP:BPAC5) » Definitions » Shiller PE Ratio

Banco BTG Pactual S.A. (BSP:BPAC5) Shiller PE Ratio : 28.96 (As of Apr. 25, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Banco BTG Pactual S.A. Shiller PE Ratio?

As of today (2024-04-25), Banco BTG Pactual S.A.'s current share price is R$8.11. Banco BTG Pactual S.A.'s E10 for the quarter that ended in Dec. 2023 was R$0.28. Banco BTG Pactual S.A.'s Shiller PE Ratio for today is 28.96.

The historical rank and industry rank for Banco BTG Pactual S.A.'s Shiller PE Ratio or its related term are showing as below:

BSP:BPAC5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.9   Med: 19.53   Max: 36.53
Current: 31.1

During the past years, Banco BTG Pactual S.A.'s highest Shiller PE Ratio was 36.53. The lowest was 11.90. And the median was 19.53.

BSP:BPAC5's Shiller PE Ratio is ranked worse than
66.52% of 463 companies
in the Capital Markets industry
Industry Median: 19.77 vs BSP:BPAC5: 31.10

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Banco BTG Pactual S.A.'s adjusted earnings per share data for the three months ended in Dec. 2023 was R$0.238. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$0.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco BTG Pactual S.A. Shiller PE Ratio Historical Data

The historical data trend for Banco BTG Pactual S.A.'s Shiller PE 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. Shiller PE Ratio Chart

Banco BTG Pactual S.A. Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15.54 34.43

Banco BTG Pactual S.A. Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 15.54 12.29 18.90 29.29 34.43

Competitive Comparison of Banco BTG Pactual S.A.'s Shiller PE Ratio

For the Capital Markets subindustry, Banco BTG Pactual S.A.'s Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Banco BTG Pactual S.A.'s Shiller PE Ratio falls into.



Banco BTG Pactual S.A. Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Banco BTG Pactual S.A.'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=8.11/0.28
=28.96

* 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.

Banco BTG Pactual S.A.'s E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Banco BTG Pactual S.A.'s adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.238/156.2729*156.2729
=0.238

Current CPI (Dec. 2023) = 156.2729.

Banco BTG Pactual S.A. Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201112 0.074 78.971 0.146
201206 0.082 80.803 0.159
201209 0.039 81.948 0.074
201212 0.076 83.581 0.142
201306 0.098 86.214 0.178
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
201606 0.000 108.851 0.000
201612 0.000 110.802 0.000
201703 0.063 111.869 0.088
201706 0.044 112.115 0.061
201709 0.044 112.777 0.061
201712 0.058 114.068 0.079
201803 0.054 114.868 0.073
201806 0.054 117.038 0.072
201809 0.051 117.881 0.068
201812 -0.049 118.340 -0.065
201903 0.063 120.124 0.082
201906 0.092 120.977 0.119
201909 0.094 121.292 0.121
201912 0.110 123.436 0.139
202003 0.072 124.092 0.091
202006 0.093 123.557 0.118
202009 0.090 125.095 0.112
202012 0.130 129.012 0.157
202103 0.100 131.660 0.119
202106 0.145 133.871 0.169
202109 0.150 137.913 0.170
202112 0.152 141.992 0.167
202203 0.169 146.537 0.180
202206 0.179 149.784 0.187
202209 0.190 147.800 0.201
202212 0.143 150.207 0.149
202303 0.185 153.352 0.189
202306 0.212 154.519 0.214
202309 0.229 155.464 0.230
202312 0.238 156.273 0.238

Add all the adjusted EPS together and divide 10 will get our E10.

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:BPAC5) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Banco BTG Pactual S.A. Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Banco BTG Pactual S.A.'s Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco BTG Pactual S.A. (BSP:BPAC5) 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:BPAC5) Headlines

No Headlines