Banco BTG Pactual S.A. (XAMS:BTGA) Cyclically Adjusted PS Ratio: (As of Aug. 28, 2026)

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What is Banco BTG Pactual S.A. Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco BTG Pactual S.A.  (XAMS:BTGA) 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 BTG Pactual S.A. Cyclically Adjusted PS Ratio Related Terms


Banco BTG Pactual S.A. Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banco BTG Pactual S.A.'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 BTG Pactual S.A. Cyclically Adjusted PS Ratio Chart

Banco BTG Pactual S.A. 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 0.00 10.64 11.99 7.83 17.16

Banco BTG Pactual S.A. 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 11.69 13.03 17.16 15.21 9.89

XAMS:BTGA vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Banco BTG Pactual S.A.'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 BTG Pactual S.A. Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Banco BTG Pactual S.A.'s Cyclically Adjusted PS Ratio falls into.



Banco BTG Pactual S.A. 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 BTG Pactual S.A.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Banco BTG Pactual S.A.'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)
=0.787/177.5443*177.5443
=0.787

Current CPI (Jun. 2026) = 177.5443.

Banco BTG Pactual S.A. Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.437 108.851 0.713
201612 0.000 110.802 0.000
201703 0.196 111.869 0.311
201706 0.081 112.115 0.128
201709 0.177 112.777 0.279
201712 0.132 114.068 0.205
201803 0.166 114.868 0.257
201806 0.081 117.038 0.123
201809 0.109 117.881 0.164
201812 -0.333 118.340 -0.500
201903 0.152 120.124 0.225
201906 0.212 120.977 0.311
201909 0.189 121.292 0.277
201912 0.293 123.436 0.421
202003 0.049 124.092 0.070
202006 0.198 123.557 0.285
202009 0.187 125.095 0.265
202012 0.282 129.012 0.388
202103 0.163 131.660 0.220
202106 0.377 133.871 0.500
202109 0.374 137.913 0.481
202112 0.331 141.992 0.414
202203 0.558 146.537 0.676
202206 0.557 149.784 0.660
202209 0.702 147.800 0.843
202212 0.629 150.207 0.743
202303 0.548 153.352 0.634
202306 0.618 154.519 0.710
202309 0.804 155.464 0.918
202312 0.729 157.148 0.824
202403 0.731 159.372 0.814
202406 0.733 161.052 0.808
202409 0.720 162.342 0.787
202412 0.672 164.740 0.724
202503 0.831 168.102 0.878
202506 0.876 169.670 0.917
202509 0.998 170.739 1.038
202512 0.974 171.765 1.007
202603 0.739 175.066 0.749
202606 0.787 177.544 0.787

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 BTG Pactual S.A. Business Description

Address Praia de Botafogo, 501 - 5th floor, Botafogo, Torre Corcovado, RJ, BRA, 22250-040
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.