Banco Da Amazonia (BSP:BAZA3) Cyclically Adjusted Book per Share: R$112.24 (As of Mar. 2026)


BSP:BAZA3 Banco Da Amazonia SA BSP:BAZA3
56 GF Score
Price R$62.19
GF Value R$92.29
Valuation Possible Value Trap
! 3 Warning Signs
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What is Banco Da Amazonia Cyclically Adjusted Book per Share?

Banco Da Amazonia BSP:BAZA3 -2.68% 56 Cyclically Adjusted Book per Share is R$112.24 as of Mar. 2026. GuruFocus rates BSP:BAZA3 with a GF Score™ of 56/100 and a GF Value™ of R$92.29 (Possible Value Trap). The stock has 3 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Banco Da Amazonia's adjusted book value per share for the three months ended in Mar. 2026 was R$128.132. 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 R$112.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Da Amazonia's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Banco Da Amazonia was 5.80% per year. The lowest was -69.10% per year. And the median was -1.40% per year.

As of today (2026-07-07), Banco Da Amazonia's current stock price is R$62.19. Banco Da Amazonia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$112.24. Banco Da Amazonia's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Da Amazonia was 1.06. The lowest was 0.01. And the median was 0.41.


Banco Da Amazonia  (BSP:BAZA3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Banco Da Amazonia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.19/112.24
=0.55

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Da Amazonia was 1.06. The lowest was 0.01. And the median was 0.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Banco Da Amazonia Cyclically Adjusted Book per Share Related Terms


Banco Da Amazonia Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Banco Da Amazonia's Cyclically Adjusted Book per Share 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.

Banco Da Amazonia Cyclically Adjusted Book per Share Chart

Banco Da Amazonia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.69 92.38 96.53 102.98 109.53

Banco Da Amazonia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 105.51 107.08 108.34 109.53 112.24

Banco Da Amazonia Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Banco Da Amazonia'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.


Banco Da Amazonia Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Banco Da Amazonia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banco Da Amazonia's Cyclically Adjusted PB Ratio falls into.


BSP:BAZA3
56GF Score
Banco Da Amazonia SA BSP:BAZA3
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Da Amazonia Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Banco Da Amazonia's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=128.132/175.0655*175.0655
=128.132

Current CPI (Mar. 2026) = 175.0655.

Banco Da Amazonia Quarterly Data

Book Value per Share CPI Adj_Book
201606 65.794 108.851 105.817
201609 63.557 109.986 101.164
201612 65.524 110.802 103.527
201703 63.286 111.869 99.037
201706 66.116 112.115 103.239
201709 65.695 112.777 101.979
201712 63.037 114.068 96.746
201803 60.332 114.868 91.949
201806 62.943 117.038 94.150
201809 63.730 117.881 94.645
201812 64.819 118.340 95.889
201903 66.444 120.124 96.834
201906 67.169 120.977 97.200
201909 68.275 121.292 98.544
201912 73.532 123.436 104.288
202003 73.751 124.092 104.046
202006 77.455 123.557 109.744
202009 76.845 125.095 107.541
202012 80.808 129.012 109.654
202103 83.261 131.660 110.710
202106 91.047 133.871 119.064
202109 95.547 137.913 121.287
202112 98.467 141.992 121.402
202203 107.670 146.537 128.632
202206 149.464 149.784 174.692
202209 87.085 147.800 103.150
202212 86.364 150.207 100.657
202303 91.985 153.352 105.009
202306 97.446 154.519 110.404
202309 103.671 155.464 116.743
202312 104.951 157.148 116.917
202403 109.065 159.372 119.804
202406 115.262 161.052 125.292
202409 121.387 162.342 130.900
202412 116.506 164.740 123.808
202503 119.363 168.102 124.308
202506 125.371 169.670 129.358
202509 129.920 170.739 133.212
202512 127.750 171.765 130.205
202603 128.132 175.066 128.132

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

What does a Cyclically Adjusted Book per Share of R$112.24 mean?
Banco Da Amazonia (BSP:BAZA3) has a Cyclically Adjusted Book per Share of R$112.24 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Banco Da Amazonia and its competitors.
Is Banco Da Amazonia's Cyclically Adjusted Book per Share too high?
Banco Da Amazonia's current Cyclically Adjusted Book per Share is R$112.24. Overall, Banco Da Amazonia has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Banco Da Amazonia's Cyclically Adjusted Book per Share compare to competitors?
Banco Da Amazonia's Cyclically Adjusted Book per Share of R$112.24 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Banco Da Amazonia and its competitors. Banco Da Amazonia's current Cyclically Adjusted Book per Share is R$112.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Da Amazonia stock overvalued right now?
Based on GuruFocus' analysis, Banco Da Amazonia (BSP:BAZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$92.29, compared to a current price of R$62.19 — trading 32.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is R$112.24. Banco Da Amazonia's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Banco Da Amazonia (BSP:BAZA3), the current Cyclically Adjusted Book per Share is R$112.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco Da Amazonia (BSP:BAZA3) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Da Amazonia stock appears to be undervalued. The current stock price of R$62.19 is trading 32.6% below its estimated GF Value™ of R$92.29. GuruFocus considers Banco Da Amazonia to be Possible Value Trap.

Key valuation signals for BSP:BAZA3:

  • Cyclically Adjusted Book per Share: R$112.24
  • GF Value™: R$92.29 vs. price of R$62.19 (32.6% below fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the BSP:BAZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Da Amazonia Business Description

Address Avenida Presidente Vargas 800 - 9th Floor, Belem, PR, BRA, 66017000
Banco Da Amazonia SA is the federal financial support institution that promotes the development of the Amazon Region. It finances major infrastructure projects, lends to rural and urban businesses, and offers credit cards and mutual fund investments.
56GF Score

Get the complete analysis for BSP:BAZA3

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$62.19
Price
R$92.29
GF Value