Banco do Brasil BB Brasil (BSP:BBAS13) Cyclically Adjusted PB Ratio: (As of Jul. 23, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BBAS13 Banco do Brasil SA BB Brasil BSP:BBAS13
71 GF Score
Price R$53.73
! 4 Warning Signs
View Full Analysis

What is Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco do Brasil BB Brasil  (BSP:BBAS13) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio Related Terms


Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banco do Brasil BB Brasil's Cyclically Adjusted PB 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.

Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio Chart

Banco do Brasil BB Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.76 1.12 0.90 0.76

Banco do Brasil BB 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 PB 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 1.02 0.79 0.78 0.76 0.78

Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Banco do Brasil BB 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.


Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where Banco do Brasil BB Brasil's Cyclically Adjusted PB Ratio falls into.


BSP:BBAS13
71GF Score
Banco do Brasil SA BB Brasil BSP:BBAS13
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco do Brasil BB Brasil Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Banco do Brasil BB Brasil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Banco do Brasil BB 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)
=0/175.0655*175.0655
=0.000

Current CPI (Mar. 2026) = 175.0655.

Banco do Brasil BB Brasil Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 108.851 0.000
201609 0.000 109.986 0.000
201612 0.000 110.802 0.000
201703 0.000 111.869 0.000
201706 0.000 112.115 0.000
201709 0.000 112.777 0.000
201712 0.000 114.068 0.000
201803 0.000 114.868 0.000
201806 0.000 117.038 0.000
201809 0.000 117.881 0.000
201812 0.000 118.340 0.000
201903 0.000 120.124 0.000
201906 0.000 120.977 0.000
201909 0.000 121.292 0.000
201912 0.000 123.436 0.000
202003 0.000 124.092 0.000
202006 0.000 123.557 0.000
202009 0.000 125.095 0.000
202012 0.000 129.012 0.000
202103 0.000 131.660 0.000
202106 0.000 133.871 0.000
202109 0.000 137.913 0.000
202112 0.000 141.992 0.000
202203 0.000 146.537 0.000
202206 0.000 149.784 0.000
202209 0.000 147.800 0.000
202212 0.000 150.207 0.000
202303 0.000 153.352 0.000
202306 0.000 154.519 0.000
202309 0.000 155.464 0.000
202312 0.000 157.148 0.000
202403 0.000 159.372 0.000
202406 0.000 161.052 0.000
202409 0.000 162.342 0.000
202412 0.000 164.740 0.000
202503 0.000 168.102 0.000
202506 0.000 169.670 0.000
202509 0.000 170.739 0.000
202512 0.000 171.765 0.000
202603 0.000 175.066 0.000

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


Banco do Brasil BB Brasil Business Description

Address Setor de Autarquias Norte, Quadra 5, Lote B, Edificio Banco do Brasil, Brasilia, DF, BRA, 70040-911
Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, Electronic payments, and others. Majority of the revenue is generated from its Banking segment. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The products and services portfolio includes accounts, Loans, cards, financing, and others.
71GF Score

Get the complete analysis for BSP:BBAS13

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

R$53.73
Price