Banco BPM SpA (CHIX:BAMIM) Cyclically Adjusted Revenue per Share: €16.68 (As of Dec. 2025)


CHIX:BAMIM Banco BPM SpA CHIX:BAMIM
58 GF Score
Price €15.13
GF Value €6.99
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Banco BPM SpA Cyclically Adjusted Revenue per Share?

Banco BPM SpA CHIX:BAMIM 58 Cyclically Adjusted Revenue per Share is €16.68 as of Dec. 2025. GuruFocus rates CHIX:BAMIM with a GF Score™ of 58/100 and a GF Value™ of €6.99 (Significantly Overvalued). The stock has 6 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 BPM SpA's adjusted revenue per share for the three months ended in Dec. 2025 was €0.961. 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 €16.68 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Banco BPM SpA's average Cyclically Adjusted Revenue Growth Rate was -9.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -9.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.20% 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 BPM SpA was -1.60% per year. The lowest was -9.40% per year. And the median was -5.50% per year.

As of today (2026-07-08), Banco BPM SpA's current stock price is €15.13. Banco BPM SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €16.68. Banco BPM SpA's Cyclically Adjusted PS Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Banco BPM SpA was 0.94. The lowest was 0.08. And the median was 0.30.


Banco BPM SpA  (CHIX:BAMIm) 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 BPM SpA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=15.13/16.68
=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 BPM SpA was 0.94. The lowest was 0.08. And the median was 0.30.


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 BPM SpA Cyclically Adjusted Revenue per Share Related Terms


Banco BPM SpA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Banco BPM SpA'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 BPM SpA Cyclically Adjusted Revenue per Share Chart

Banco BPM SpA 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 11.57 9.46 20.44 18.66 16.68

Banco BPM SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 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 18.09 17.52 17.16 16.68 0.00

Banco BPM SpA Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, Banco BPM SpA'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 BPM SpA Cyclically Adjusted PS Ratio vs Banks Industry

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

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


CHIX:BAMIM
58GF Score
Banco BPM SpA CHIX:BAMIM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco BPM SpA 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 BPM SpA's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.961/122.6000*122.6000
=0.961

Current CPI (Dec. 2025) = 122.6000.

Banco BPM SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 2.836 98.605 3.526
201209 2.715 99.070 3.360
201212 2.157 99.070 2.669
201303 25.197 99.535 31.036
201306 30.745 99.814 37.764
201309 2.789 100.000 3.419
201312 3.306 99.721 4.065
201403 2.669 99.907 3.275
201406 1.847 100.093 2.262
201409 1.718 99.814 2.110
201412 1.957 99.721 2.406
201503 1.394 99.814 1.712
201506 1.645 100.279 2.011
201509 1.627 100.000 1.995
201512 2.658 99.814 3.265
201606 0.000 99.900 0.000
201612 0.000 100.300 0.000
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 0.686 102.600 0.820
202106 0.000 104.200 0.000
202112 0.648 106.600 0.745
202206 0.000 112.500 0.000
202209 0.746 114.200 0.801
202212 0.792 119.000 0.816
202306 0.000 119.700 0.000
202309 0.883 120.300 0.900
202312 0.892 119.700 0.914
202403 0.929 120.200 0.948
202406 1.143 120.700 1.161
202412 0.921 121.200 0.932
202503 0.957 122.500 0.958
202506 1.014 122.700 1.013
202509 0.951 123.100 0.947
202512 0.961 122.600 0.961

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 €16.68 mean?
Banco BPM SpA (CHIX:BAMIM) has a Cyclically Adjusted Revenue per Share of €16.68 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Banco BPM SpA and its competitors.
Is Banco BPM SpA's Cyclically Adjusted Revenue per Share too high?
Banco BPM SpA's current Cyclically Adjusted Revenue per Share is €16.68. Overall, Banco BPM SpA has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco BPM SpA's Cyclically Adjusted Revenue per Share compare to competitors?
Banco BPM SpA's Cyclically Adjusted Revenue per Share of €16.68 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 BPM SpA and its competitors. Banco BPM SpA's current Cyclically Adjusted Revenue per Share is €16.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BPM SpA stock overvalued right now?
Based on GuruFocus' analysis, Banco BPM SpA (CHIX:BAMIM) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.99, compared to a current price of €15.13 — trading 116.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €16.68. Banco BPM SpA's overall GF Score™ is 58/100 with 6 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 BPM SpA (CHIX:BAMIM), the current Cyclically Adjusted Revenue per Share is €16.68 as of Dec. 2025. 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 BPM SpA (CHIX:BAMIM) Overvalued in 2026?

Based on GuruFocus' analysis, Banco BPM SpA stock appears to be overvalued. The current stock price of €15.13 is trading 116.5% above its estimated GF Value™ of €6.99. GuruFocus considers Banco BPM SpA to be Significantly Overvalued.

Key valuation signals for CHIX:BAMIM:

  • Cyclically Adjusted Revenue per Share: €16.68
  • GF Value™: €6.99 vs. price of €15.13 (116.5% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Banco BPM SpA Business Description

Address Piazza F. Meda, Milan, ITA, 20121
Banco BPM SpA is a financial services provider. It offers services including retail banking, corporate banking and private and investment banking/asset management.
58GF Score

Get the complete analysis for CHIX:BAMIM

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

€15.13
Price
€6.99
GF Value