Bancontander (Brasil) (STU:DBSA) Cyclically Adjusted Book per Share: €6.13 (As of Mar. 2026)


STU:DBSA Banco Santander (Brasil) SA STU:DBSA
70 GF Score
Price €4.72
GF Value €6.75
! 3 Warning Signs
View Full Analysis

What is Bancontander (Brasil) Cyclically Adjusted Book per Share?

Bancontander (Brasil) STU:DBSA +4.89% 70 Cyclically Adjusted Book per Share is €6.13 as of Mar. 2026. GuruFocus rates STU:DBSA with a GF Score™ of 70/100 and a GF Value™ of €6.75. 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.

Bancontander (Brasil)'s adjusted book value per share for the three months ended in Mar. 2026 was €2.792. 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 €6.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bancontander (Brasil)'s average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% 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 Bancontander (Brasil) was 4.20% per year. The lowest was 2.70% per year. And the median was 3.50% per year.

As of today (2026-07-12), Bancontander (Brasil)'s current stock price is €4.72. Bancontander (Brasil)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €6.13. Bancontander (Brasil)'s Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander (Brasil) was 2.06. The lowest was 0.66. And the median was 0.95.


Bancontander (Brasil)  (STU:DBSA) 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.

Bancontander (Brasil)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.72/6.13
=0.77

* 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 Bancontander (Brasil) was 2.06. The lowest was 0.66. And the median was 0.95.


Be Aware

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


Bancontander (Brasil) Cyclically Adjusted Book per Share Related Terms


Bancontander (Brasil) Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bancontander (Brasil)'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.

Bancontander (Brasil) Cyclically Adjusted Book per Share Chart

Bancontander (Brasil) 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 4.95 6.02 6.37 5.46 5.42

Bancontander (Brasil) 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 5.84 5.63 5.83 5.42 6.13

Bancontander (Brasil) Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Bancontander (Brasil)'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.


Bancontander (Brasil) Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bancontander (Brasil)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bancontander (Brasil)'s Cyclically Adjusted PB Ratio falls into.


STU:DBSA
70GF Score
Banco Santander (Brasil) SA STU:DBSA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bancontander (Brasil) 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, Bancontander (Brasil)'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)
=2.792/175.0655*175.0655
=2.792

Current CPI (Mar. 2026) = 175.0655.

Bancontander (Brasil) Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.953 108.851 4.749
201609 3.202 109.986 5.097
201612 3.164 110.802 4.999
201703 3.466 111.869 5.424
201706 3.158 112.115 4.931
201709 3.213 112.777 4.988
201712 2.968 114.068 4.555
201803 2.902 114.868 4.423
201806 2.693 117.038 4.028
201809 2.541 117.881 3.774
201812 2.759 118.340 4.081
201903 2.888 120.124 4.209
201906 2.951 120.977 4.270
201909 2.939 121.292 4.242
201912 2.839 123.436 4.026
202003 2.468 124.092 3.482
202006 2.314 123.557 3.279
202009 2.181 125.095 3.052
202012 2.265 129.012 3.074
202103 2.096 131.660 2.787
202106 2.344 133.871 3.065
202109 2.276 137.913 2.889
202112 2.214 141.992 2.730
202203 2.592 146.537 3.097
202206 2.714 149.784 3.172
202209 2.833 147.800 3.356
202212 2.667 150.207 3.108
202303 2.698 153.352 3.080
202306 2.870 154.519 3.252
202309 2.883 155.464 3.247
202312 2.877 157.148 3.205
202403 2.861 159.372 3.143
202406 2.711 161.052 2.947
202409 2.576 162.342 2.778
202412 2.507 164.740 2.664
202503 2.600 168.102 2.708
202506 2.559 169.670 2.640
202509 2.634 170.739 2.701
202512 2.623 171.765 2.673
202603 2.792 175.066 2.792

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 €6.13 mean?
Bancontander (Brasil) (STU:DBSA) has a Cyclically Adjusted Book per Share of €6.13 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 Bancontander (Brasil) and its competitors.
Is Bancontander (Brasil)'s Cyclically Adjusted Book per Share too high?
Bancontander (Brasil)'s current Cyclically Adjusted Book per Share is €6.13. Overall, Bancontander (Brasil) has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Bancontander (Brasil)'s Cyclically Adjusted Book per Share compare to competitors?
Bancontander (Brasil)'s Cyclically Adjusted Book per Share of €6.13 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 Bancontander (Brasil) and its competitors. Bancontander (Brasil)'s current Cyclically Adjusted Book per Share is €6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancontander (Brasil) stock overvalued right now?
Bancontander (Brasil) (STU:DBSA) has a current Cyclically Adjusted Book per Share of €6.13. The stock's GF Value™ is €6.75, compared to a current price of €4.72 — trading 30.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €6.13. Bancontander (Brasil)'s overall GF Score™ is 70/100 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 Bancontander (Brasil) (STU:DBSA), the current Cyclically Adjusted Book per Share is €6.13 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 Bancontander (Brasil) (STU:DBSA) Overvalued in 2026?

Based on GuruFocus' analysis, Bancontander (Brasil) stock appears to be undervalued. The current stock price of €4.72 is trading 30.1% below its estimated GF Value™ of €6.75.

Key valuation signals for STU:DBSA:

  • Cyclically Adjusted Book per Share: €6.13
  • GF Value™: €6.75 vs. price of €4.72 (30.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Bancontander (Brasil) Business Description

Address Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio Wttore JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank. It operates across two segments; the Commercial Banking segment, catering to both individual and corporate client and the Global Wholesale Banking segment, which encompasses Investment Banking and Markets operations, including the Treasury and Equity Business Departments. The bank generates majority of its revenue from the Commercial Banking segment and has operations in Brazil and internationally.
70GF Score

Get the complete analysis for STU:DBSA

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

€4.72
Price
€6.75
GF Value