Banco Mercantil do Brasil (BSP:BMEB3) Cyclically Adjusted Revenue per Share: R$33.76 (As of Mar. 2026)

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BSP:BMEB3 Banco Mercantil do Brasil SA BSP:BMEB3
74 GF Score
Price R$51.97
GF Value R$41.36
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share?

Banco Mercantil do Brasil BSP:BMEB3 +1.21% 74 Cyclically Adjusted Revenue per Share is R$33.76 as of Mar. 2026. GuruFocus rates BSP:BMEB3 with a GF Score™ of 74/100 and a GF Value™ of R$41.36 (Modestly 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.

Banco Mercantil do Brasil's adjusted revenue per share for the three months ended in Mar. 2026 was R$14.795. 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$33.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Banco Mercantil do Brasil's average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.20% 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 Banco Mercantil do Brasil was 7.70% per year. The lowest was 3.80% per year. And the median was 4.60% per year.

As of today (2026-07-18), Banco Mercantil do Brasil's current stock price is R$51.97. Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$33.76. Banco Mercantil do Brasil's Cyclically Adjusted PS Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banco Mercantil do Brasil was 2.22. The lowest was 0.11. And the median was 0.40.


Banco Mercantil do Brasil  (BSP:BMEB3) 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.

Banco Mercantil do Brasil's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=51.97/33.76
=1.54

* 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 Banco Mercantil do Brasil was 2.22. The lowest was 0.11. And the median was 0.40.


Be Aware

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


Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share Related Terms


Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Banco Mercantil do Brasil'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.

Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share Chart

Banco Mercantil do Brasil 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 25.67 26.13 27.34 30.33 32.61

Banco Mercantil do Brasil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 31.14 31.57 32.09 32.61 33.76

Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, Banco Mercantil do 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.


Banco Mercantil do Brasil Cyclically Adjusted PS Ratio vs Banks Industry

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

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


BSP:BMEB3
74GF Score
Banco Mercantil do Brasil SA BSP:BMEB3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Mercantil do Brasil 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, Banco Mercantil do Brasil's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.795/175.0655*175.0655
=14.795

Current CPI (Mar. 2026) = 175.0655.

Banco Mercantil do Brasil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.368 108.851 10.242
201609 5.505 109.986 8.762
201612 5.935 110.802 9.377
201703 5.122 111.869 8.015
201706 5.976 112.115 9.331
201709 6.565 112.777 10.191
201712 5.171 114.068 7.936
201803 4.863 114.868 7.411
201806 5.352 117.038 8.006
201809 4.210 117.881 6.252
201812 -1.868 118.340 -2.763
201903 4.362 120.124 6.357
201906 4.372 120.977 6.327
201909 4.441 121.292 6.410
201912 4.439 123.436 6.296
202003 4.103 124.092 5.788
202006 4.450 123.557 6.305
202009 4.857 125.095 6.797
202012 4.960 129.012 6.731
202103 5.155 131.660 6.854
202106 5.993 133.871 7.837
202109 5.698 137.913 7.233
202112 6.673 141.992 8.227
202203 6.240 146.537 7.455
202206 6.151 149.784 7.189
202209 6.256 147.800 7.410
202212 7.221 150.207 8.416
202303 7.270 153.352 8.299
202306 8.087 154.519 9.162
202309 8.269 155.464 9.312
202312 8.018 157.148 8.932
202403 9.170 159.372 10.073
202406 9.942 161.052 10.807
202409 10.560 162.342 11.388
202412 10.694 164.740 11.364
202503 11.149 168.102 11.611
202506 11.904 169.670 12.283
202509 12.646 170.739 12.966
202512 11.953 171.765 12.183
202603 14.795 175.066 14.795

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$33.76 mean?
Banco Mercantil do Brasil (BSP:BMEB3) has a Cyclically Adjusted Revenue per Share of R$33.76 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Banco Mercantil do Brasil and its competitors.
Is Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share too high?
Banco Mercantil do Brasil's current Cyclically Adjusted Revenue per Share is R$33.76. Overall, Banco Mercantil do Brasil has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share compare to competitors?
Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share of R$33.76 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 Banco Mercantil do Brasil and its competitors. Banco Mercantil do Brasil's current Cyclically Adjusted Revenue per Share is R$33.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Mercantil do Brasil stock overvalued right now?
Based on GuruFocus' analysis, Banco Mercantil do Brasil (BSP:BMEB3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$41.36, compared to a current price of R$51.97 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$33.76. Banco Mercantil do Brasil's overall GF Score™ is 74/100 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 Banco Mercantil do Brasil (BSP:BMEB3), the current Cyclically Adjusted Revenue per Share is R$33.76 as of Mar. 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 Banco Mercantil do Brasil (BSP:BMEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Mercantil do Brasil stock appears to be overvalued. The current stock price of R$51.97 is trading 25.7% above its estimated GF Value™ of R$41.36. GuruFocus considers Banco Mercantil do Brasil to be Modestly Overvalued.

Key valuation signals for BSP:BMEB3:

  • Cyclically Adjusted Revenue per Share: R$33.76
  • GF Value™: R$41.36 vs. price of R$51.97 (25.7% above fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the BSP:BMEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Mercantil do Brasil Business Description

Other Exchanges BMEB4:Brazil
Address R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912
Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.
74GF Score

Get the complete analysis for BSP:BMEB3

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

R$51.97
Price
R$41.36
GF Value