Banco Comercial Portugues (MEX:BCPPLN) Cyclically Adjusted Book per Share: MXN10.28 (As of Mar. 2026)


MEX:BCPPLN Banco Comercial Portugues SA MEX:BCPPLN
41 GF Score
Price MXN17.87
GF Value MXN8.46
! 6 Warning Signs
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What is Banco Comercial Portugues Cyclically Adjusted Book per Share?

Banco Comercial Portugues MEX:BCPPLN 41 Cyclically Adjusted Book per Share is MXN10.28 as of Mar. 2026. GuruFocus rates MEX:BCPPLN with a GF Score™ of 41/100 and a GF Value™ of MXN8.46. The stock has 6 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 Comercial Portugues's adjusted book value per share for the three months ended in Mar. 2026 was MXN11.371. 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 MXN10.28 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Comercial Portugues's average Cyclically Adjusted Book Growth Rate was -10.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.40% 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 Comercial Portugues was -9.70% per year. The lowest was -26.00% per year. And the median was -20.20% per year.

As of today (2026-07-02), Banco Comercial Portugues's current stock price is MXN17.87. Banco Comercial Portugues's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN10.28. Banco Comercial Portugues's Cyclically Adjusted PB Ratio of today is 1.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Comercial Portugues was 2.03. The lowest was 0.06. And the median was 0.17.


Banco Comercial Portugues  (MEX:BCPPLN) 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 Comercial Portugues's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.87/10.28
=1.74

* 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 Comercial Portugues was 2.03. The lowest was 0.06. And the median was 0.17.


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 Comercial Portugues Cyclically Adjusted Book per Share Related Terms


Banco Comercial Portugues Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Banco Comercial Portugues'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 Comercial Portugues Cyclically Adjusted Book per Share Chart

Banco Comercial Portugues 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 0.00 0.00 0.00 0.00 9.92

Banco Comercial Portugues 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 0.00 11.34 12.25 9.92 10.28

MEX:BCPPLN vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Banco Comercial Portugues'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 Comercial Portugues Cyclically Adjusted PB Ratio vs Banks Industry

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

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


MEX:BCPPLN
41GF Score
Banco Comercial Portugues SA MEX:BCPPLN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Comercial Portugues 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 Comercial Portugues'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)
=11.371/124.2424*124.2424
=11.371

Current CPI (Mar. 2026) = 124.2424.

Banco Comercial Portugues Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.699 101.319 22.930
201609 19.136 101.122 23.511
201612 17.188 100.998 21.144
201703 7.625 101.924 9.295
201706 7.912 102.240 9.615
201709 8.576 102.527 10.392
201712 9.259 102.479 11.225
201803 8.462 102.626 10.244
201806 8.722 103.790 10.441
201809 8.302 103.960 9.922
201812 8.543 103.159 10.289
201903 9.304 103.495 11.169
201906 9.117 104.192 10.871
201909 9.215 103.844 11.025
201912 8.485 103.592 10.176
202003 10.381 103.544 12.456
202006 10.719 104.323 12.766
202009 10.819 103.699 12.962
202012 9.961 103.354 11.974
202103 9.957 104.014 11.893
202106 9.948 104.852 11.788
202109 10.067 105.232 11.886
202112 9.385 106.191 10.980
202203 8.270 109.559 9.378
202206 7.729 114.003 8.423
202209 6.807 114.999 7.354
202212 7.044 116.377 7.520
202303 6.998 117.701 7.387
202306 6.977 117.872 7.354
202309 7.300 119.111 7.614
202312 7.719 118.032 8.125
202403 7.847 120.396 8.098
202406 8.596 121.165 8.814
202409 10.073 121.574 10.294
202412 10.251 121.585 10.475
202503 10.845 122.624 10.988
202506 10.548 124.042 10.565
202509 10.901 124.488 10.879
202512 11.127 124.242 11.127
202603 11.371 124.242 11.371

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 MXN10.28 mean?
Banco Comercial Portugues (MEX:BCPPLN) has a Cyclically Adjusted Book per Share of MXN10.28 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 Comercial Portugues and its competitors.
Is Banco Comercial Portugues' Cyclically Adjusted Book per Share too high?
Banco Comercial Portugues' current Cyclically Adjusted Book per Share is MXN10.28. Overall, Banco Comercial Portugues has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Banco Comercial Portugues' Cyclically Adjusted Book per Share compare to PNC and USB?
Banco Comercial Portugues' Cyclically Adjusted Book per Share of MXN10.28 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 Comercial Portugues and its competitors. Banco Comercial Portugues's current Cyclically Adjusted Book per Share is MXN10.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Comercial Portugues stock overvalued right now?
Banco Comercial Portugues (MEX:BCPPLN) has a current Cyclically Adjusted Book per Share of MXN10.28. The stock's GF Value™ is MXN8.46, compared to a current price of MXN17.87 — trading 111.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN10.28. Banco Comercial Portugues' overall GF Score™ is 41/100 with 6 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 Comercial Portugues (MEX:BCPPLN), the current Cyclically Adjusted Book per Share is MXN10.28 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 Comercial Portugues (MEX:BCPPLN) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Comercial Portugues stock appears to be overvalued. The current stock price of MXN17.87 is trading 111.2% above its estimated GF Value™ of MXN8.46.

Key valuation signals for MEX:BCPPLN:

  • Cyclically Adjusted Book per Share: MXN10.28
  • GF Value™: MXN8.46 vs. price of MXN17.87 (111.2% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Banco Comercial Portugues Business Description

Address Praca D. Joao I, 28, Porto, PRT, 4000-295
Banco Comercial Portugues SA is a Portuguese private sector bank operating in Portugal, as well as Poland, Mozambique, Macau, and Angola. The bank offers a wide range of retail and corporate banking products and services. Its distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. Along with its subsidiaries, it operates in the following segments: Retail Banking, Companies and Corporate, Private Banking, International Businesses, and Other. Maximum revenue is generated from the Retail Banking segment, which serves individuals, small businesses, and SMEs through a mix of mass-market services, personalized relationship management for higher-value customers, and includes the operations of ActivoBank.
41GF Score

Get the complete analysis for MEX:BCPPLN

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

MXN17.87
Price
MXN8.46
GF Value