BPCGF (Banco Comercial Portugues) Cyclically Adjusted PS Ratio: 3.61 (As of Jul. 03, 2026) — 1145% Above Median


BPCGF Banco Comercial Portugues SA BPCGF
47 GF Score
Price $1.05
GF Value $0.57
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Banco Comercial Portugues Cyclically Adjusted PS Ratio?

Banco Comercial Portugues BPCGF 47 Cyclically Adjusted PS Ratio is 3.61 as of Jul. 03, 2026, which is 1145% above its 10-year median of 0.29. GuruFocus rates BPCGF with a GF Score™ of 47/100 and a GF Value™ of $0.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,303 Banks companies, Banco Comercial Portugues ranks worse than 66.92% on this metric.

As of today (2026-07-03), Banco Comercial Portugues's current share price is $1.046. Banco Comercial Portugues's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.29. Banco Comercial Portugues's Cyclically Adjusted PS Ratio for today is 3.61.

The historical rank and industry rank for Banco Comercial Portugues's Cyclically Adjusted PS Ratio or its related term are showing as below:

BPCGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.29   Max: 4.16
Current: 4.16

During the past years, Banco Comercial Portugues's highest Cyclically Adjusted PS Ratio was 4.16. The lowest was 0.10. And the median was 0.29.

BPCGF's Cyclically Adjusted PS Ratio is ranked worse than
66.92% of 1303 companies
in the Banks industry
Industry Median: 3.3 vs BPCGF: 4.16

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Banco Comercial Portugues's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.079. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Comercial Portugues  (OTCPK:BPCGF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Banco Comercial Portugues Cyclically Adjusted PS Ratio Related Terms


Banco Comercial Portugues Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banco Comercial Portugues's Cyclically Adjusted PS 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 Comercial Portugues Cyclically Adjusted PS Ratio Chart

Banco Comercial Portugues Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.36 0.76 1.46 3.07

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 PS 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 1.80 2.20 2.51 3.07 3.34

BPCGF vs PNC, USB: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Banco Comercial Portugues's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Banks Industry

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

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


BPCGF
47GF Score
Banco Comercial Portugues SA BPCGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Comercial Portugues Cyclically Adjusted PS Ratio Calculation

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

Banco Comercial Portugues's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.046/0.29
=3.61

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Banco Comercial Portugues's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.079/125.9400*125.9400
=0.079

Current CPI (Mar. 2026) = 125.9400.

Banco Comercial Portugues Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.115 101.319 0.143
201609 0.121 101.122 0.151
201612 0.085 100.998 0.106
201703 0.059 101.924 0.073
201706 0.042 102.240 0.052
201709 0.041 102.527 0.050
201712 0.045 102.479 0.055
201803 0.045 102.626 0.055
201806 0.043 103.790 0.052
201809 0.042 103.960 0.051
201812 0.042 103.159 0.051
201903 0.044 103.495 0.054
201906 0.044 104.192 0.053
201909 0.045 103.844 0.055
201912 0.046 103.592 0.056
202003 0.046 103.544 0.056
202006 0.038 104.323 0.046
202009 0.048 103.699 0.058
202012 0.050 103.354 0.061
202103 0.048 104.014 0.058
202106 0.049 104.852 0.059
202109 0.044 105.232 0.053
202112 0.050 106.191 0.059
202203 0.053 109.559 0.061
202206 0.051 114.003 0.056
202209 0.051 114.999 0.056
202212 0.057 116.377 0.062
202303 0.072 117.701 0.077
202306 0.064 117.872 0.068
202309 0.065 119.111 0.069
202312 0.076 118.032 0.081
202403 0.064 120.396 0.067
202406 0.064 121.165 0.067
202409 0.135 121.574 0.140
202412 0.061 121.585 0.063
202503 0.068 122.624 0.070
202506 0.075 124.042 0.076
202509 0.152 124.490 0.154
202512 0.073 124.240 0.074
202603 0.079 125.940 0.079

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 3.61 mean?
Banco Comercial Portugues (BPCGF) has a Cyclically Adjusted PS Ratio of 3.61 as of Jul. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Banco Comercial Portugues and its competitors. This is 1145% above median its historical median of 0.29. Over the past decade, Banco Comercial Portugues' Cyclically Adjusted PS Ratio has ranged from 0.10 to 4.16. According to the industry distribution chart, Banco Comercial Portugues ranks #872 out of 1303 companies in the Banks industry, placing it in the top 66.9%.
Is Banco Comercial Portugues' Cyclically Adjusted PS Ratio too high?
Banco Comercial Portugues' current Cyclically Adjusted PS Ratio of 3.61 is 1145% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 4.16. The Banks industry median Cyclically Adjusted PS Ratio is 3.30. Banco Comercial Portugues' value of 3.61 is 9.4% above this industry median. Based on the distribution chart, Banco Comercial Portugues ranks #872 out of 1303 companies in the Banks industry, which is below the industry midpoint. Overall, Banco Comercial Portugues has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Comercial Portugues' Cyclically Adjusted PS Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Banco Comercial Portugues ranks #872 out of 1303 companies for Cyclically Adjusted PS Ratio. This places Banco Comercial Portugues in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.30. Banco Comercial Portugues' value of 3.61 is 9.4% above this benchmark. Historically, Banco Comercial Portugues' own Cyclically Adjusted PS Ratio has ranged from 0.10 to 4.16 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 3.30, Banco Comercial Portugues has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.30, based on 1,303 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Comercial Portugues's current Cyclically Adjusted PS Ratio of 3.61 is 9.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Banco Comercial Portugues and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Comercial Portugues's current Cyclically Adjusted PS Ratio is 3.61, which is 1145% above median its own 10-year median of 0.29. 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?
Based on GuruFocus' analysis, Banco Comercial Portugues (BPCGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.57, compared to a current price of $1.05 — trading 83.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.61, which is 1145% above median its 10-year median of 0.29 and 9.4% above the Banks industry median of 3.30. Banco Comercial Portugues' overall GF Score™ is 47/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Banco Comercial Portugues (BPCGF), the current Cyclically Adjusted PS Ratio is 3.61 as of Jul. 03, 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 (BPCGF) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Comercial Portugues stock appears to be overvalued. The current stock price of $1.05 is trading 83.5% above its estimated GF Value™ of $0.57. GuruFocus considers Banco Comercial Portugues to be Significantly Overvalued.

Key valuation signals for BPCGF:

  • Cyclically Adjusted PS Ratio: 3.61 (1145% above median its 10-year median of 0.29)
  • GF Value™: $0.57 vs. price of $1.05 (83.5% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 9.4% above the Banks median (#872 of 1303)

No single metric tells the full story. See the BPCGF 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.
47GF Score

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

$1.05
Price
$0.57
GF Value