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Banco Pine (BSP:PINE3) Cyclically Adjusted PS Ratio : 1.76 (As of Jan. 18, 2025)


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What is Banco Pine Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Banco Pine's current share price is R$4.38. Banco Pine's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was R$2.49. Banco Pine's Cyclically Adjusted PS Ratio for today is 1.76.

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

BSP:PINE3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.86   Max: 4.02
Current: 1.73

During the past years, Banco Pine's highest Cyclically Adjusted PS Ratio was 4.02. The lowest was 0.63. And the median was 2.86.

BSP:PINE3's Cyclically Adjusted PS Ratio is ranked better than
73.97% of 1191 companies
in the Banks industry
Industry Median: 2.73 vs BSP:PINE3: 1.73

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 Pine's adjusted revenue per share data for the three months ended in Sep. 2024 was R$1.884. 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 R$2.49 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Pine Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banco Pine'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 Pine Cyclically Adjusted PS Ratio Chart

Banco Pine Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 3.18 3.50 3.95 2.18

Banco Pine Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.72 2.18 3.41 2.15 2.15

Competitive Comparison of Banco Pine's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banco Pine'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 Pine's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.38/2.49
=1.76

* 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 Pine's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.884/162.3424*162.3424
=1.884

Current CPI (Sep. 2024) = 162.3424.

Banco Pine Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.651 94.194 1.122
201503 0.459 97.799 0.762
201506 0.674 100.006 1.094
201509 0.175 101.392 0.280
201512 0.563 104.247 0.877
201603 0.546 106.979 0.829
201606 0.440 108.851 0.656
201609 0.328 109.986 0.484
201612 0.233 110.802 0.341
201703 0.465 111.869 0.675
201706 0.363 112.115 0.526
201709 -0.029 112.777 -0.042
201712 0.390 114.068 0.555
201803 0.218 114.868 0.308
201806 0.043 117.038 0.060
201809 0.056 117.881 0.077
201812 0.244 118.340 0.335
201903 0.046 120.124 0.062
201906 0.264 120.977 0.354
201909 0.217 121.292 0.290
201912 0.289 123.436 0.380
202003 0.110 124.092 0.144
202006 0.408 123.557 0.536
202009 0.232 125.095 0.301
202012 0.273 129.012 0.344
202103 0.282 131.660 0.348
202106 0.466 133.871 0.565
202109 0.471 137.913 0.554
202112 0.459 141.992 0.525
202203 0.340 146.537 0.377
202206 0.444 149.784 0.481
202209 1.003 147.800 1.102
202212 0.249 150.207 0.269
202303 1.506 153.352 1.594
202306 0.446 154.519 0.469
202309 2.073 155.464 2.165
202312 0.718 157.148 0.742
202403 1.717 159.372 1.749
202406 0.726 161.052 0.732
202409 1.884 162.342 1.884

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 Pine  (BSP:PINE3) 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 Pine Cyclically Adjusted PS Ratio Related Terms

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


Banco Pine Business Description

Industry
Traded in Other Exchanges
Address
Avenida Presidente Juscelino Kubitschek, n° 1.830 - 4th Floor, Itaim Bibi, Pinheiros, SP, BRA, 4543900
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.

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