GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BCO Mercantil de Investimentos SA (BSP:BMIN3) » Definitions » Cyclically Adjusted Revenue per Share

BCO Mercantil de Investimentos (BSP:BMIN3) Cyclically Adjusted Revenue per Share : R$6.71 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is BCO Mercantil de Investimentos 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.

BCO Mercantil de Investimentos's adjusted revenue per share for the three months ended in Dec. 2023 was R$1.902. 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$6.71 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BCO Mercantil de Investimentos's average Cyclically Adjusted Revenue Growth Rate was 2.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -22.40% 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 -22.40% per year. The lowest was -23.90% per year. And the median was -23.15% per year.

As of today (2024-04-27), BCO Mercantil de Investimentos's current stock price is R$20.01. BCO Mercantil de Investimentos's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$6.71. BCO Mercantil de Investimentos's Cyclically Adjusted PS Ratio of today is 2.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BCO Mercantil de Investimentos was 3.65. The lowest was 1.00. And the median was 2.50.


BCO Mercantil de Investimentos Cyclically Adjusted Revenue per Share Historical Data

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.

* Premium members only.

BCO Mercantil de Investimentos Cyclically Adjusted Revenue per Share Chart

BCO Mercantil de Investimentos 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 14.91 14.34 7.94 6.58 6.71

BCO Mercantil de Investimentos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 6.58 6.57 6.60 6.66 6.71

Competitive Comparison of BCO Mercantil de Investimentos's Cyclically Adjusted Revenue per Share

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.902/156.2729*156.2729
=1.902

Current CPI (Dec. 2023) = 156.2729.

BCO Mercantil de Investimentos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.921 90.447 1.591
201406 0.880 91.838 1.497
201409 1.008 92.602 1.701
201412 1.173 94.194 1.946
201503 1.341 97.799 2.143
201506 1.251 100.006 1.955
201509 1.188 101.392 1.831
201512 1.085 104.247 1.626
201603 1.826 106.979 2.667
201606 0.920 108.851 1.321
201609 0.994 109.986 1.412
201612 0.950 110.802 1.340
201703 0.864 111.869 1.207
201706 2.970 112.115 4.140
201709 1.242 112.777 1.721
201712 1.300 114.068 1.781
201803 1.246 114.868 1.695
201806 1.339 117.038 1.788
201809 0.856 117.881 1.135
201812 0.870 118.340 1.149
201903 0.602 120.124 0.783
201906 0.738 120.977 0.953
201909 1.050 121.292 1.353
201912 0.984 123.436 1.246
202003 0.733 124.092 0.923
202006 0.608 123.557 0.769
202009 0.707 125.095 0.883
202012 0.996 129.012 1.206
202103 0.551 131.660 0.654
202106 1.023 133.871 1.194
202109 0.904 137.913 1.024
202112 2.332 141.992 2.567
202203 2.114 146.537 2.254
202206 2.527 149.784 2.636
202209 2.445 147.800 2.585
202212 2.051 150.207 2.134
202303 1.799 153.352 1.833
202306 2.202 154.519 2.227
202309 2.266 155.464 2.278
202312 1.902 156.273 1.902

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


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
=20.01/6.71
=2.98

* 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 1.00. And the median was 2.50.


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

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


BCO Mercantil de Investimentos (BSP:BMIN3) Business Description

Traded in Other Exchanges
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.

BCO Mercantil de Investimentos (BSP:BMIN3) Headlines

No Headlines