BPCGY (Banco Comercial Portugues) Cyclically Adjusted PS Ratio: 4.27 (As of Jul. 07, 2026) — 1372% Above Median


BPCGY Banco Comercial Portugues SA BPCGY
52 GF Score
Price $12.00
GF Value $5.45
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Banco Comercial Portugues Cyclically Adjusted PS Ratio?

Banco Comercial Portugues BPCGY 52 Cyclically Adjusted PS Ratio is 4.27 as of Jul. 07, 2026, which is 1372% above its 10-year median of 0.29. GuruFocus rates BPCGY with a GF Score™ of 52/100 and a GF Value™ of $5.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,301 Banks companies, Banco Comercial Portugues ranks worse than 68.95% on this metric.

As of today (2026-07-07), Banco Comercial Portugues's current share price is $12.00. Banco Comercial Portugues's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.81. Banco Comercial Portugues's Cyclically Adjusted PS Ratio for today is 4.27.

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: 0.29   Max: 4.31
Current: 4.27

During the past years, Banco Comercial Portugues's highest Cyclically Adjusted PS Ratio was 4.31. The lowest was 0.10. And the median was 0.29.

BPCGY's Cyclically Adjusted PS Ratio is ranked worse than
68.95% of 1301 companies
in the Banks industry
Industry Median: 3.35 vs BPCGY: 4.27

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 $0.786. 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 $2.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


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 3.30

BPCGY 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.


BPCGY
52GF Score
Banco Comercial Portugues SA BPCGY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=12.00/2.81
=4.27

* 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)
=0.786/125.9400*125.9400
=0.786

Current CPI (Mar. 2026) = 125.9400.

Banco Comercial Portugues Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.155 101.319 1.436
201609 1.210 101.122 1.507
201612 0.850 100.998 1.060
201703 0.593 101.924 0.733
201706 0.417 102.240 0.514
201709 0.409 102.527 0.502
201712 0.446 102.479 0.548
201803 0.455 102.626 0.558
201806 0.435 103.790 0.528
201809 0.425 103.960 0.515
201812 0.416 103.159 0.508
201903 0.443 103.495 0.539
201906 0.443 104.192 0.535
201909 0.449 103.844 0.545
201912 0.462 103.592 0.562
202003 0.461 103.544 0.561
202006 0.376 104.323 0.454
202009 0.484 103.699 0.588
202012 0.502 103.354 0.612
202103 0.477 104.014 0.578
202106 0.486 104.852 0.584
202109 0.443 105.232 0.530
202112 0.500 106.191 0.593
202203 0.531 109.559 0.610
202206 0.508 114.003 0.561
202209 0.509 114.999 0.557
202212 0.566 116.377 0.613
202303 0.720 117.701 0.770
202306 0.643 117.872 0.687
202309 0.646 119.111 0.683
202312 0.763 118.032 0.814
202403 0.639 120.396 0.668
202406 0.638 121.165 0.663
202409 1.353 121.574 1.402
202412 0.611 121.585 0.633
202503 0.679 122.624 0.697
202506 0.745 124.042 0.756
202509 1.518 124.490 1.536
202512 0.727 124.240 0.737
202603 0.786 125.940 0.786

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 4.27 mean?
Banco Comercial Portugues (BPCGY) has a Cyclically Adjusted PS Ratio of 4.27 as of Jul. 07, 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 1372% 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 4.31. According to the industry distribution chart, Banco Comercial Portugues ranks #897 out of 1301 companies in the Banks industry, placing it in the top 68.9%.
Is Banco Comercial Portugues' Cyclically Adjusted PS Ratio too high?
Banco Comercial Portugues' current Cyclically Adjusted PS Ratio of 4.27 is 1372% 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 4.31. The Banks industry median Cyclically Adjusted PS Ratio is 3.35. Banco Comercial Portugues' value of 4.27 is 27.5% above this industry median. Based on the distribution chart, Banco Comercial Portugues ranks #897 out of 1301 companies in the Banks industry, which is below the industry midpoint. Overall, Banco Comercial Portugues has a GF Score™ of 52/100 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 #897 out of 1301 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 3.35. Banco Comercial Portugues' value of 4.27 is 27.5% above this benchmark. Historically, Banco Comercial Portugues' own Cyclically Adjusted PS Ratio has ranged from 0.10 to 4.31 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 3.35, 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 3.35, based on 1,301 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 4.27 is 27.5% 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 3.35 — 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 4.27, which is 1372% 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 (BPCGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.45, compared to a current price of $12.00 — trading 120.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.27, which is 1372% above median its 10-year median of 0.29 and 27.5% above the Banks industry median of 3.35. Banco Comercial Portugues' overall GF Score™ is 52/100 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 (BPCGY), the current Cyclically Adjusted PS Ratio is 4.27 as of Jul. 07, 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 (BPCGY) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Comercial Portugues stock appears to be overvalued. The current stock price of $12.00 is trading 120.2% above its estimated GF Value™ of $5.45. GuruFocus considers Banco Comercial Portugues to be Significantly Overvalued.

Key valuation signals for BPCGY:

  • Cyclically Adjusted PS Ratio: 4.27 (1372% above median its 10-year median of 0.29)
  • GF Value™: $5.45 vs. price of $12.00 (120.2% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 27.5% above the Banks median (#897 of 1301)

No single metric tells the full story. See the BPCGY 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.
52GF Score

Get the complete analysis for BPCGY

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

$12.00
Price
$5.45
GF Value