Credicorp (BSP:B2AP34) Cyclically Adjusted Revenue per Share: R$31.19 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:B2AP34 Credicorp Ltd BSP:B2AP34
51 GF Score
Price R$161.44
GF Value R$96.90
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Credicorp Cyclically Adjusted Revenue per Share?

Credicorp BSP:B2AP34 51 Cyclically Adjusted Revenue per Share is R$31.19 as of Jun. 2026. GuruFocus rates BSP:B2AP34 with a GF Score™ of 51/100 and a GF Value™ of R$96.90 (Significantly Overvalued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Credicorp's adjusted revenue per share for the three months ended in Jun. 2026 was R$133.040. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$31.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Credicorp's average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Credicorp was 13.50% per year. The lowest was 8.00% per year. And the median was 11.00% per year.

As of today (2026-09-05), Credicorp's current stock price is R$161.44. Credicorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$31.19. Credicorp's Cyclically Adjusted PS Ratio of today is 5.18.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Credicorp was 6.81. The lowest was 1.97. And the median was 3.39.


Credicorp  (BSP:B2AP34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Credicorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=161.44/31.19
=5.18

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Credicorp was 6.81. The lowest was 1.97. And the median was 3.39.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Credicorp Cyclically Adjusted Revenue per Share Related Terms


Credicorp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Credicorp's Cyclically Adjusted Revenue per Share 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.

Credicorp Cyclically Adjusted Revenue per Share Chart

Credicorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Credicorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 0.00 0.00 0.00 0.00 31.19

BSP:B2AP34 vs CFG, RF, FCNCA: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, Credicorp'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.


Credicorp Cyclically Adjusted PS Ratio vs Banks Industry

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

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


BSP:B2AP34
51GF Score
Credicorp Ltd BSP:B2AP34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credicorp Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Credicorp'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)
=133.04/333.9520*333.9520
=133.040

Current CPI (Jun. 2026) = 333.9520.

Credicorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 61.507 241.428 85.079
201612 62.297 241.432 86.170
201703 62.327 243.801 85.374
201706 61.855 244.955 84.328
201709 67.687 246.819 91.582
201712 68.001 246.524 92.117
201803 64.503 249.554 86.318
201806 63.694 251.989 84.411
201809 66.295 252.439 87.702
201812 69.677 251.233 92.618
201903 69.485 254.202 91.284
201906 70.091 256.143 91.383
201909 72.285 256.759 94.017
201912 74.013 256.974 96.184
202003 68.859 258.115 89.091
202006 61.295 257.797 79.402
202009 64.144 260.280 82.300
202012 68.033 260.474 87.225
202103 63.974 264.877 80.657
202106 66.443 271.696 81.668
202109 74.007 274.310 90.098
202112 76.719 278.802 91.895
202203 74.495 287.504 86.530
202206 77.303 296.311 87.123
202209 86.231 296.808 97.022
202212 89.307 296.797 100.487
202303 91.043 301.836 100.730
202306 94.900 305.109 103.871
202309 95.776 307.789 103.917
202312 99.575 306.746 108.407
202403 97.974 312.332 104.756
202406 103.108 314.175 109.599
202409 104.348 315.301 110.520
202412 110.196 315.605 116.602
202503 108.654 319.799 113.463
202506 118.060 322.561 122.229
202509 119.046 324.800 122.400
202512 117.825 324.054 121.424
202603 120.590 330.213 121.955
202606 133.040 333.952 133.040

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$31.19 mean?
Credicorp (BSP:B2AP34) has a Cyclically Adjusted Revenue per Share of R$31.19 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Credicorp and its competitors.
Is Credicorp's Cyclically Adjusted Revenue per Share too high?
Credicorp's current Cyclically Adjusted Revenue per Share is R$31.19. Overall, Credicorp has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credicorp's Cyclically Adjusted Revenue per Share compare to CFG and RF?
Credicorp's Cyclically Adjusted Revenue per Share of R$31.19 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Credicorp and its competitors. Credicorp's current Cyclically Adjusted Revenue per Share is R$31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credicorp stock overvalued right now?
Based on GuruFocus' analysis, Credicorp (BSP:B2AP34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$96.90, compared to a current price of R$161.44 — trading 66.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$31.19. Credicorp's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Credicorp (BSP:B2AP34), the current Cyclically Adjusted Revenue per Share is R$31.19 as of Jun. 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 Credicorp (BSP:B2AP34) Overvalued in 2026?

Based on GuruFocus' analysis, Credicorp stock appears to be overvalued. The current stock price of R$161.44 is trading 66.6% above its estimated GF Value™ of R$96.90. GuruFocus considers Credicorp to be Significantly Overvalued.

Key valuation signals for BSP:B2AP34:

  • Cyclically Adjusted Revenue per Share: R$31.19
  • GF Value™: R$96.90 vs. price of R$161.44 (66.6% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the BSP:B2AP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Credicorp Business Description

Address Calle Centenario 156, La Molina, Lima, PER, 15026
Credicorp Ltd is a Peruvian financial services company. The company operates in four business lines, including Universal Banking, Insurance and Retirement, Microfinance, and Investment Banking and Asset Management. Its subsidiaries include Banco de Credito del Peru, Prima AFP, Credicorp Capital, and others. Geographically, the company operates in Peru, Colombia, Bolivia, Chile, Panama, the USA, and Mexico; the majority of its revenue is generated from Peru.
51GF Score

Get the complete analysis for BSP:B2AP34

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

R$161.44
Price
R$96.90
GF Value