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BCO Nordeste do Brasil (BSP:BNBR3) Cyclically Adjusted PB Ratio : 1.37 (As of Apr. 29, 2024)


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What is BCO Nordeste do Brasil Cyclically Adjusted PB Ratio?

As of today (2024-04-29), BCO Nordeste do Brasil's current share price is R$104.00. BCO Nordeste do Brasil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$75.91. BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio for today is 1.37.

The historical rank and industry rank for BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:BNBR3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.21   Max: 2.37
Current: 1.37

During the past years, BCO Nordeste do Brasil's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 0.01. And the median was 1.21.

BSP:BNBR3's Cyclically Adjusted PB Ratio is ranked worse than
75.72% of 1178 companies
in the Banks industry
Industry Median: 0.92 vs BSP:BNBR3: 1.37

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

BCO Nordeste do Brasil's adjusted book value per share data for the three months ended in Dec. 2023 was R$123.983. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$75.91 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCO Nordeste do Brasil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio 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.

BCO Nordeste do Brasil Cyclically Adjusted PB Ratio Chart

BCO Nordeste do Brasil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 1.51 1.24 1.12 1.44

BCO Nordeste do Brasil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 1.12 1.16 1.18 1.27 1.44

Competitive Comparison of BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Nordeste do Brasil's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio falls into.



BCO Nordeste do Brasil Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=104.00/75.91
=1.37

* 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 Nordeste do Brasil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BCO Nordeste do Brasil's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=123.983/156.2729*156.2729
=123.983

Current CPI (Dec. 2023) = 156.2729.

BCO Nordeste do Brasil Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 90.447 0.000
201406 36.944 91.838 62.865
201409 39.080 92.602 65.951
201412 38.710 94.194 64.222
201503 35.167 97.799 56.193
201506 33.190 100.006 51.864
201509 31.753 101.392 48.940
201512 32.918 104.247 49.346
201603 34.384 106.979 50.228
201606 35.141 108.851 50.451
201609 35.033 109.986 49.776
201612 38.931 110.802 54.907
201703 39.721 111.869 55.487
201706 38.074 112.115 53.070
201709 40.375 112.777 55.947
201712 43.425 114.068 59.492
201803 42.168 114.868 57.368
201806 43.676 117.038 58.318
201809 44.866 117.881 59.478
201812 48.776 118.340 64.411
201903 52.086 120.124 67.760
201906 54.738 120.977 70.708
201909 58.758 121.292 75.704
201912 62.838 123.436 79.554
202003 65.034 124.092 81.900
202006 68.178 123.557 86.230
202009 71.893 125.095 89.811
202012 71.458 129.012 86.557
202103 75.660 131.660 89.804
202106 80.350 133.871 93.796
202109 82.523 137.913 93.509
202112 86.591 141.992 95.300
202203 91.871 146.537 97.975
202206 94.827 149.784 98.935
202209 99.445 147.800 105.146
202212 104.157 150.207 108.363
202303 109.947 153.352 112.041
202306 114.185 154.519 115.481
202309 118.871 155.464 119.490
202312 123.983 156.273 123.983

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


BCO Nordeste do Brasil  (BSP:BNBR3) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


BCO Nordeste do Brasil Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of BCO Nordeste do Brasil's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BCO Nordeste do Brasil (BSP:BNBR3) Business Description

Traded in Other Exchanges
N/A
Address
Av Paranjana 5700 - Bloco A1/terreo, Fortaleza, CE, BRA, 60740000
BCO Nordeste do Brasil SA provides various financial products and services to economic and institutional agents, and private individuals. It provides current and checking accounts; credit card, personal credit, and overdraft services; and investments products, as well as car, life, residential, and lender insurance services. The company also provides financing programs, collection, reinvestment, capital market, foreign exchange and trade, microfinance, credit programs for the public sector, transfers and covenants, and payroll services.

BCO Nordeste do Brasil (BSP:BNBR3) Headlines

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