GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Comercial Portugues SA (OTCPK:BPCGY) » Definitions » Cyclically Adjusted PS Ratio

BPCGY (Banco Comercial Portugues) Cyclically Adjusted PS Ratio : 1.93 (As of May. 15, 2025)


View and export this data going back to 2008. Start your Free Trial

What is Banco Comercial Portugues Cyclically Adjusted PS Ratio?

As of today (2025-05-15), Banco Comercial Portugues's current share price is $6.53. Banco Comercial Portugues's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $3.39. Banco Comercial Portugues's Cyclically Adjusted PS Ratio for today is 1.93.

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

BPCGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.24   Max: 2.04
Current: 2.01

During the past years, Banco Comercial Portugues's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 0.10. And the median was 0.24.

BPCGY's Cyclically Adjusted PS Ratio is ranked better than
69.84% of 1250 companies
in the Banks industry
Industry Median: 2.755 vs BPCGY: 2.01

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 Dec. 2024 was $0.685. 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 $3.39 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Comercial Portugues Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Banco Comercial Portugues Cyclically Adjusted PS Ratio Chart

Banco Comercial Portugues Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.29 0.36 0.76 1.48

Banco Comercial Portugues Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.76 0.90 1.00 1.25 1.48

Competitive Comparison of Banco Comercial Portugues's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


;
;

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
=6.53/3.39
=1.93

* 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 Dec. 2024 is calculated as:

For example, Banco Comercial Portugues's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.685/121.5852*121.5852
=0.685

Current CPI (Dec. 2024) = 121.5852.

Banco Comercial Portugues Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 1.675 100.097 2.035
201506 1.796 100.769 2.167
201509 1.195 100.489 1.446
201512 1.239 100.119 1.505
201603 4.508 100.547 5.451
201606 1.155 101.319 1.386
201609 1.210 101.122 1.455
201612 0.850 100.998 1.023
201703 0.593 101.924 0.707
201706 0.417 102.240 0.496
201709 0.409 102.527 0.485
201712 0.446 102.479 0.529
201803 0.455 102.626 0.539
201806 0.435 103.790 0.510
201809 0.425 103.960 0.497
201812 0.416 103.159 0.490
201903 0.443 103.495 0.520
201906 0.443 104.192 0.517
201909 0.449 103.844 0.526
201912 0.460 103.592 0.540
202003 0.461 103.544 0.541
202006 0.376 104.323 0.438
202009 0.484 103.699 0.567
202012 0.504 103.354 0.593
202103 0.477 104.014 0.558
202106 0.486 104.852 0.564
202109 0.443 105.232 0.512
202112 0.502 106.191 0.575
202203 0.531 109.559 0.589
202206 0.508 114.003 0.542
202209 0.509 114.999 0.538
202212 0.567 116.377 0.592
202303 0.720 117.701 0.744
202306 0.643 117.872 0.663
202309 0.646 119.111 0.659
202312 0.759 118.032 0.782
202403 0.662 120.396 0.669
202406 0.638 121.165 0.640
202409 0.653 121.574 0.653
202412 0.685 121.585 0.685

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.


Banco Comercial Portugues  (OTCPK:BPCGY) 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

Thank you for viewing the detailed overview of Banco Comercial Portugues's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Comercial Portugues Business Description

Address
Praca D. Joao I, 28, Porto, PRT, 4000-295
Banco Comercial Portugues SA or Millennium BCP, is a Portuguese bank operating in Portugal, as well as Poland, Mozambique, and Angola. The bank offers a wide range of retail and corporate banking products and services. The bank's distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. In addition to its emphasis on financial technology, BCP's business model has shifted focus to high-net worth individuals, business lending with growth potential, as well as divestiture of noncore assets in its portfolio. The bank's net revenue is mostly net interest income, with notable net commission and net trading income. BCP's earning assets are loans split nearly evenly between retail and corporate.