BCO Mercantil de Investimentos (BSP:BMIN3) Cyclically Adjusted Revenue per Share: R$8.19 (As of Mar. 2026)

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BSP:BMIN3 BCO Mercantil de Investimentos SA BSP:BMIN3
67 GF Score
Price R$21.49
GF Value R$36.72
Valuation Possible Value Trap
! 10 Warning Signs
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What is BCO Mercantil de Investimentos Cyclically Adjusted Revenue per Share?

BCO Mercantil de Investimentos BSP:BMIN3 67 Cyclically Adjusted Revenue per Share is R$8.19 as of Mar. 2026. GuruFocus rates BSP:BMIN3 with a GF Score™ of 67/100 and a GF Value™ of R$36.72 (Possible Value Trap). The stock has 10 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.

BCO Mercantil de Investimentos's adjusted revenue per share for the three months ended in Mar. 2026 was R$2.218. 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$8.19 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BCO Mercantil de Investimentos's average Cyclically Adjusted Revenue Growth Rate was 10.10% 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 BCO Mercantil de Investimentos was -2.10% per year. The lowest was -23.90% per year. And the median was -21.90% per year.

As of today (2026-08-11), BCO Mercantil de Investimentos's current stock price is R$21.49. BCO Mercantil de Investimentos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$8.19. BCO Mercantil de Investimentos's Cyclically Adjusted PS Ratio of today is 2.62.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BCO Mercantil de Investimentos was 3.65. The lowest was 1.10. And the median was 2.68.


BCO Mercantil de Investimentos  (BSP:BMIN3) 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.

BCO Mercantil de Investimentos's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=21.49/8.19
=2.62

* 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 BCO Mercantil de Investimentos was 3.65. The lowest was 1.10. And the median was 2.68.


Be Aware

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


BCO Mercantil de Investimentos Cyclically Adjusted Revenue per Share Related Terms


BCO Mercantil de Investimentos Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BCO Mercantil de Investimentos'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.

BCO Mercantil de Investimentos Cyclically Adjusted Revenue per Share Chart

BCO Mercantil de Investimentos 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 7.94 6.58 6.84 7.44 0.00

BCO Mercantil de Investimentos Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 7.44 7.57 7.90 0.00 8.19

BSP:BMIN3 vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, BCO Mercantil de Investimentos'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.


BCO Mercantil de Investimentos Cyclically Adjusted PS Ratio vs Banks Industry

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

* The bar in red indicates where BCO Mercantil de Investimentos's Cyclically Adjusted PS Ratio falls into.


BSP:BMIN3
67GF Score
BCO Mercantil de Investimentos SA BSP:BMIN3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BCO Mercantil de Investimentos 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, BCO Mercantil de Investimentos'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)
=2.218/175.0655*175.0655
=2.218

Current CPI (Mar. 2026) = 175.0655.

BCO Mercantil de Investimentos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.826 106.979 2.988
201606 0.920 108.851 1.480
201609 0.994 109.986 1.582
201612 0.950 110.802 1.501
201703 0.864 111.869 1.352
201706 2.970 112.115 4.638
201709 1.242 112.777 1.928
201712 1.300 114.068 1.995
201803 1.246 114.868 1.899
201806 1.339 117.038 2.003
201809 0.856 117.881 1.271
201812 0.870 118.340 1.287
201903 0.602 120.124 0.877
201906 0.738 120.977 1.068
201909 1.050 121.292 1.516
201912 0.984 123.436 1.396
202003 0.733 124.092 1.034
202006 0.608 123.557 0.861
202009 0.707 125.095 0.989
202012 0.996 129.012 1.352
202103 0.551 131.660 0.733
202106 1.023 133.871 1.338
202109 0.904 137.913 1.148
202112 2.332 141.992 2.875
202203 2.114 146.537 2.526
202206 2.527 149.784 2.954
202209 2.445 147.800 2.896
202212 2.051 150.207 2.390
202303 1.799 153.352 2.054
202306 3.121 154.519 3.536
202309 2.266 155.464 2.552
202312 1.902 157.148 2.119
202403 1.856 159.372 2.039
202406 2.700 161.052 2.935
202409 2.518 162.342 2.715
202412 2.639 164.740 2.804
202503 2.082 168.102 2.168
202506 4.718 169.670 4.868
202512 0.000 171.765 0.000
202603 2.218 175.066 2.218

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$8.19 mean?
BCO Mercantil de Investimentos (BSP:BMIN3) has a Cyclically Adjusted Revenue per Share of R$8.19 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 BCO Mercantil de Investimentos and its competitors.
Is BCO Mercantil de Investimentos' Cyclically Adjusted Revenue per Share too high?
BCO Mercantil de Investimentos' current Cyclically Adjusted Revenue per Share is R$8.19. Overall, BCO Mercantil de Investimentos has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BCO Mercantil de Investimentos' Cyclically Adjusted Revenue per Share compare to PNC and USB?
BCO Mercantil de Investimentos' Cyclically Adjusted Revenue per Share of R$8.19 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 BCO Mercantil de Investimentos and its competitors. BCO Mercantil de Investimentos's current Cyclically Adjusted Revenue per Share is R$8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCO Mercantil de Investimentos stock overvalued right now?
Based on GuruFocus' analysis, BCO Mercantil de Investimentos (BSP:BMIN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$36.72, compared to a current price of R$21.49 — trading 41.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$8.19. BCO Mercantil de Investimentos' overall GF Score™ is 67/100 with 10 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 BCO Mercantil de Investimentos (BSP:BMIN3), the current Cyclically Adjusted Revenue per Share is R$8.19 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 BCO Mercantil de Investimentos (BSP:BMIN3) Overvalued in 2026?

Based on GuruFocus' analysis, BCO Mercantil de Investimentos stock appears to be undervalued. The current stock price of R$21.49 is trading 41.5% below its estimated GF Value™ of R$36.72. GuruFocus considers BCO Mercantil de Investimentos to be Possible Value Trap.

Key valuation signals for BSP:BMIN3:

  • Cyclically Adjusted Revenue per Share: R$8.19
  • GF Value™: R$36.72 vs. price of R$21.49 (41.5% below fair value)
  • GF Score™: 67/100 with 10 warning signs

No single metric tells the full story. See the BSP:BMIN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BCO Mercantil de Investimentos Business Description

Other Exchanges BMIN4:Brazil
Address Rua Rio de Janeiro 654, 6 Andar, Belo Horizonte, MG, BRA, 30160912
BCO Mercantil de Investimentos SA provides capital financing for productive activities in short, medium and long term projects. It operates as a subsidiary of Banco Mercantil do Brasil S.A.
67GF Score

Get the complete analysis for BSP:BMIN3

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

R$21.49
Price
R$36.72
GF Value