Bancontander (Brasil) (MEX:BSBRN) Cyclically Adjusted PS Ratio: 1.22 (As of Sep. 15, 2026) — 16% Below Median

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MEX:BSBRN Banco Santander (Brasil) SA MEX:BSBRN
71 GF Score
Price MXN95.60
GF Value MXN116.72
! 3 Warning Signs
View Full Analysis

What is Bancontander (Brasil) Cyclically Adjusted PS Ratio?

Bancontander (Brasil) MEX:BSBRN 71 Cyclically Adjusted PS Ratio is 1.22 as of Sep. 15, 2026, which is 16% below its 10-year median of 1.46. GuruFocus rates MEX:BSBRN with a GF Score™ of 71/100 and a GF Value™ of MXN116.72. The stock has 3 warning signs investors should review. Among 1,301 Banks companies, Bancontander (Brasil) ranks better than 84.7% on this metric.

As of today (2026-09-15), Bancontander (Brasil)'s current share price is MXN95.60. Bancontander (Brasil)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN78.33. Bancontander (Brasil)'s Cyclically Adjusted PS Ratio for today is 1.22.

The historical rank and industry rank for Bancontander (Brasil)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:BSBRN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.46   Max: 3.42
Current: 1.45

During the past years, Bancontander (Brasil)'s highest Cyclically Adjusted PS Ratio was 3.42. The lowest was 1.06. And the median was 1.46.

MEX:BSBRN's Cyclically Adjusted PS Ratio is ranked better than
84.7% of 1301 companies
in the Banks industry
Industry Median: 3.45 vs MEX:BSBRN: 1.45

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.

Bancontander (Brasil)'s adjusted revenue per share data for the three months ended in Jun. 2026 was MXN5.302. 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 MXN78.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander (Brasil)  (MEX:BSBRN) 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 1.22

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.


MEX:BSBRN
71GF Score
Banco Santander (Brasil) SA MEX:BSBRN
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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.60/78.33
=1.22

* 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)'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)
=5.302/177.5443*177.5443
=5.302

Current CPI (Jun. 2026) = 177.5443.

Bancontander (Brasil) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 12.184 109.986 19.668
201612 10.128 110.802 16.229
201703 15.447 111.869 24.515
201706 10.983 112.115 17.393
201709 16.788 112.777 26.429
201712 14.372 114.068 22.370
201803 14.967 114.868 23.134
201806 6.773 117.038 10.275
201809 11.759 117.881 17.711
201812 17.710 118.340 26.570
201903 14.827 120.124 21.915
201906 16.393 120.977 24.058
201909 11.887 121.292 17.400
201912 16.733 123.436 24.068
202003 -1.111 124.092 -1.590
202006 6.330 123.557 9.096
202009 10.872 125.095 15.430
202012 18.242 129.012 25.104
202103 5.269 131.660 7.105
202106 8.178 133.871 10.846
202109 5.012 137.913 6.452
202112 6.217 141.992 7.774
202203 6.345 146.537 7.688
202206 5.550 149.784 6.579
202209 5.105 147.800 6.132
202212 5.525 150.207 6.531
202303 4.343 153.352 5.028
202306 4.213 154.519 4.841
202309 4.899 155.464 5.595
202312 5.285 157.148 5.971
202403 5.149 159.372 5.736
202406 4.719 161.052 5.202
202409 5.952 162.342 6.509
202412 6.486 164.740 6.990
202503 5.715 168.102 6.036
202506 4.025 169.670 4.212
202509 5.567 170.739 5.789
202512 6.028 171.765 6.231
202603 5.543 175.066 5.621
202606 5.302 177.544 5.302

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 1.22 mean?
Bancontander (Brasil) (MEX:BSBRN) has a Cyclically Adjusted PS Ratio of 1.22 as of Sep. 15, 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 Bancontander (Brasil) and its competitors. This is 16% below median its historical median of 1.46. Over the past decade, Bancontander (Brasil)'s Cyclically Adjusted PS Ratio has ranged from 1.06 to 3.42. According to the industry distribution chart, Bancontander (Brasil) ranks #199 out of 1301 companies in the Banks industry, placing it in the top 15.3%.
Is Bancontander (Brasil)'s Cyclically Adjusted PS Ratio too high?
Bancontander (Brasil)'s current Cyclically Adjusted PS Ratio of 1.22 is 16% below median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.42. The Banks industry median Cyclically Adjusted PS Ratio is 3.45. Bancontander (Brasil)'s value of 1.22 is 64.6% below this industry median. Based on the distribution chart, Bancontander (Brasil) ranks #199 out of 1301 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bancontander (Brasil) has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Bancontander (Brasil)'s Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Bancontander (Brasil) ranks #199 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Bancontander (Brasil) in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.45. Bancontander (Brasil)'s value of 1.22 is 64.6% below this benchmark. Historically, Bancontander (Brasil)'s own Cyclically Adjusted PS Ratio has ranged from 1.06 to 3.42 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 3.45, Bancontander (Brasil) has consistently been below 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 3.45, 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. Bancontander (Brasil)'s current Cyclically Adjusted PS Ratio of 1.22 is 64.6% below 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 Bancontander (Brasil) and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bancontander (Brasil)'s current Cyclically Adjusted PS Ratio is 1.22, which is 16% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancontander (Brasil) stock overvalued right now?
Bancontander (Brasil) (MEX:BSBRN) has a current Cyclically Adjusted PS Ratio of 1.22. The stock's GF Value™ is MXN116.72, compared to a current price of MXN95.60 — trading 18.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.22, which is 16% below median its 10-year median of 1.46 and 64.6% below the Banks industry median of 3.45. Bancontander (Brasil)'s overall GF Score™ is 71/100 with 3 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 Bancontander (Brasil) (MEX:BSBRN), the current Cyclically Adjusted PS Ratio is 1.22 as of Sep. 15, 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 Bancontander (Brasil) (MEX:BSBRN) Overvalued in 2026?

Based on GuruFocus' analysis, Bancontander (Brasil) stock appears to be undervalued. The current stock price of MXN95.60 is trading 18.1% below its estimated GF Value™ of MXN116.72.

Key valuation signals for MEX:BSBRN:

  • Cyclically Adjusted PS Ratio: 1.22 (16% below median its 10-year median of 1.46)
  • GF Value™: MXN116.72 vs. price of MXN95.60 (18.1% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 64.6% below the Banks median (#199 of 1301)

No single metric tells the full story. See the MEX:BSBRN 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.
71GF Score

Get the complete analysis for MEX:BSBRN

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

MXN95.60
Price
MXN116.72
GF Value