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Banco Mercantil do Brasil (BSP:BMEB4) Cyclically Adjusted Revenue per Share : R$25.09 (As of Dec. 2023)


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What is Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share?

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 Dec. 2023 was R$10.437. 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$25.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Mercantil do Brasil's average Cyclically Adjusted Revenue Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% 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 0.50% per year. The lowest was -0.60% per year. And the median was 0.30% per year.

As of today (2024-05-01), Banco Mercantil do Brasil's current stock price is R$22.95. Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$25.09. Banco Mercantil do Brasil's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banco Mercantil do Brasil was 0.95. The lowest was 0.10. And the median was 0.33.


Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

Banco Mercantil do Brasil Cyclically Adjusted Revenue per Share Chart

Banco Mercantil do Brasil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.97 29.47 25.74 28.74 25.09

Banco Mercantil do Brasil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 25.39 28.74 - 23.79 25.09

Competitive Comparison of Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.437/156.2729*156.2729
=10.437

Current CPI (Dec. 2023) = 156.2729.

Banco Mercantil do Brasil Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 10.277 88.522 18.143
201403 -4.529 90.447 -7.825
201406 10.317 91.838 17.556
201409 4.568 92.602 7.709
201412 4.276 94.194 7.094
201503 5.741 97.799 9.174
201506 6.531 100.006 10.206
201509 6.008 101.392 9.260
201512 5.215 104.247 7.818
201603 6.188 106.979 9.039
201606 6.750 108.851 9.691
201609 5.835 109.986 8.291
201612 6.291 110.802 8.873
201703 5.662 111.869 7.909
201706 6.334 112.115 8.829
201709 6.958 112.777 9.642
201712 5.481 114.068 7.509
201803 5.375 114.868 7.312
201806 5.673 117.038 7.575
201809 4.653 117.881 6.168
201812 -2.065 118.340 -2.727
201903 4.821 120.124 6.272
201906 4.833 120.977 6.243
201909 4.908 121.292 6.323
201912 4.906 123.436 6.211
202003 4.535 124.092 5.711
202006 4.918 123.557 6.220
202009 5.369 125.095 6.707
202012 5.482 129.012 6.640
202103 5.698 131.660 6.763
202106 6.385 133.871 7.453
202109 6.071 137.913 6.879
202112 7.375 141.992 8.117
202203 6.897 146.537 7.355
202206 6.799 149.784 7.094
202209 6.915 147.800 7.311
202212 7.982 150.207 8.304
202306 0.000 154.519 0.000
202309 9.140 155.464 9.188
202312 10.437 156.273 10.437

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


Banco Mercantil do Brasil  (BSP:BMEB4) 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
=22.95/25.09
=0.91

* 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 0.95. The lowest was 0.10. And the median was 0.33.


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

Thank you for viewing the detailed overview of Banco Mercantil do Brasil's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Mercantil do Brasil (BSP:BMEB4) Business Description

Industry
Traded in Other Exchanges
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.

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