Bancontander (Brasil) (FRA:DBSA) Cyclically Adjusted PS Ratio: (As of Jul. 31, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:DBSA Banco Santander (Brasil) SA FRA:DBSA
70 GF Score
Price €4.32
GF Value €6.86
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Bancontander (Brasil) Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander (Brasil)  (FRA:DBSA) 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.


Bancontander (Brasil) Cyclically Adjusted PS Ratio Related Terms


Bancontander (Brasil) Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bancontander (Brasil)'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.

Bancontander (Brasil) Cyclically Adjusted PS Ratio Chart

Bancontander (Brasil) 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 1.36 1.27 1.45 1.08 1.52

Bancontander (Brasil) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.32 1.29 1.52 1.39 0.00

Bancontander (Brasil) Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Bancontander (Brasil)'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.


Bancontander (Brasil) Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bancontander (Brasil)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bancontander (Brasil)'s Cyclically Adjusted PS Ratio falls into.


FRA:DBSA
70GF Score
Banco Santander (Brasil) SA FRA:DBSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bancontander (Brasil) 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.

Bancontander (Brasil)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bancontander (Brasil)'s adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.264/177.2608*177.2608
=0.264

Current CPI (Jun. 2026) = 177.2608.

Bancontander (Brasil) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.561 109.986 0.904
201612 0.466 110.802 0.746
201703 0.767 111.869 1.215
201706 0.541 112.115 0.855
201709 0.776 112.777 1.220
201712 0.618 114.068 0.960
201803 0.668 114.868 1.031
201806 0.295 117.038 0.447
201809 0.539 117.881 0.811
201812 0.793 118.340 1.188
201903 0.676 120.124 0.998
201906 0.755 120.977 1.106
201909 0.547 121.292 0.799
201912 0.798 123.436 1.146
202003 -0.043 124.092 -0.061
202006 0.244 123.557 0.350
202009 0.418 125.095 0.592
202012 0.754 129.012 1.036
202103 0.217 131.660 0.292
202106 0.341 133.871 0.452
202109 0.207 137.913 0.266
202112 0.268 141.992 0.335
202203 0.289 146.537 0.350
202206 0.261 149.784 0.309
202209 0.256 147.800 0.307
202212 0.268 150.207 0.316
202303 0.225 153.352 0.260
202306 0.227 154.519 0.260
202309 0.264 155.464 0.301
202312 0.286 157.148 0.323
202403 0.285 159.372 0.317
202406 0.239 161.052 0.263
202409 0.272 162.342 0.297
202412 0.297 164.740 0.320
202503 0.258 168.102 0.272
202506 0.185 169.670 0.193
202509 0.259 170.739 0.269
202512 0.286 171.765 0.295
202603 0.266 175.066 0.269
202606 0.264 177.261 0.264

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.

Is Bancontander (Brasil) (FRA:DBSA) Overvalued in 2026?

Based on GuruFocus' analysis, Bancontander (Brasil) stock appears to be undervalued. The current stock price of €4.32 is trading 37% below its estimated GF Value™ of €6.86. GuruFocus considers Bancontander (Brasil) to be Significantly Undervalued.

Key valuation signals for FRA:DBSA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €6.86 vs. price of €4.32 (37% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the FRA:DBSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bancontander (Brasil) Business Description

Address Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio Wttore JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank. It operates across two segments; the Commercial Banking segment, catering to both individual and corporate client and the Global Wholesale Banking segment, which encompasses Investment Banking and Markets operations, including the Treasury and Equity Business Departments. The bank generates majority of its revenue from the Commercial Banking segment and has operations in Brazil and internationally.
70GF Score

Get the complete analysis for FRA:DBSA

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

€4.32
Price
€6.86
GF Value