Banco Comercial PortuguesBPCGY 46 Return-on-Tangible-Equity is 15.94% as of Mar. 2026, which is 257% above its 10-year median of 4.46. GuruFocus rates BPCGY with a GF Score™ of 46/100 and a GF Value™ of $5.68 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,523 Banks companies, Banco Comercial Portugues ranks better than 85.42% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Banco Comercial Portugues's annualized net income for the quarter that ended in Mar. 2026 was $1,414 Mil. Banco Comercial Portugues's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $8,869 Mil. Therefore, Banco Comercial Portugues's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.94%.
The historical rank and industry rank for Banco Comercial Portugues's Return-on-Tangible-Equity or its related term are showing as below:
BPCGY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.55 Med: 4.46 Max: 18.12
Current: 18.12
During the past 13 years, Banco Comercial Portugues's highest Return-on-Tangible-Equity was 18.12%. The lowest was 0.55%. And the median was 4.46%.
BPCGY's Return-on-Tangible-Equity is ranked better than 85.42% of 1523
companies
in the Banks industry
Industry Median: 11.2
vs BPCGY: 18.12
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Banco Comercial Portugues Return-on-Tangible-Equity Related Terms
Banco Comercial Portugues Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Banco Comercial Portugues's Return-on-Tangible-Equity 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.
BPCGY vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Banco Comercial Portugues's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Comercial Portugues Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Banco Comercial Portugues's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Banco Comercial Portugues's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.94% mean?
Banco Comercial Portugues (BPCGY) has a Return-on-Tangible-Equity of 15.94% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Comercial Portugues and its competitors. This is 257% above median its historical median of 4.46. Over the past decade, Banco Comercial Portugues' Return-on-Tangible-Equity has ranged from 0.55 to 18.12. According to the industry distribution chart, Banco Comercial Portugues ranks #222 out of 1523 companies in the Banks industry, placing it in the top 14.6%.
Is Banco Comercial Portugues' Return-on-Tangible-Equity too high?
Banco Comercial Portugues' current Return-on-Tangible-Equity of 15.94% is 257% above median its 10-year median of 4.46. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 18.12. The Banks industry median Return-on-Tangible-Equity is 11.20. Banco Comercial Portugues' value of 15.94% is 42.3% above this industry median. Based on the distribution chart, Banco Comercial Portugues ranks #222 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Comercial Portugues has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Comercial Portugues' Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Banco Comercial Portugues ranks #222 out of 1523 companies for Return-on-Tangible-Equity. This places Banco Comercial Portugues in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.20. Banco Comercial Portugues' value of 15.94% is 42.3% above this benchmark. Historically, Banco Comercial Portugues' own Return-on-Tangible-Equity has ranged from 0.55 to 18.12 over the past decade. While the company's 10-year median is 4.46 vs. the industry median of 11.20, Banco Comercial Portugues has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Comercial Portugues's current Return-on-Tangible-Equity of 15.94% is 42.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Comercial Portugues and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Comercial Portugues's current Return-on-Tangible-Equity is 15.94%, which is 257% above median its own 10-year median of 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Comercial Portugues stock overvalued right now?
Based on GuruFocus' analysis, Banco Comercial Portugues (BPCGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.68, compared to a current price of $12.00 — trading 111.3% above its estimated fair value. The current Return-on-Tangible-Equity is 15.94%, which is 257% above median its 10-year median of 4.46 and 42.3% above the Banks industry median of 11.20. Banco Comercial Portugues' overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Banco Comercial Portugues (BPCGY), the current Return-on-Tangible-Equity is 15.94% 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 Banco Comercial Portugues (BPCGY) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Comercial Portugues stock appears to be overvalued.
The current stock price of $12.00 is trading 111.3% above its estimated GF Value™ of $5.68.
GuruFocus considers Banco Comercial Portugues to be Significantly Overvalued.
Key valuation signals for BPCGY:
Return-on-Tangible-Equity: 15.94% (257% above median its 10-year median of 4.46)
GF Value™: $5.68 vs. price of $12.00 (111.3% above fair value)
Industry Position: 42.3% above the Banks median (#222 of 1523)
No single metric tells the full story. See the BPCGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Comercial Portugues SA is a Portuguese private sector bank operating in Portugal, as well as Poland, Mozambique, Macau, and Angola. The bank offers a wide range of retail and corporate banking products and services. Its distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. Along with its subsidiaries, it operates in the following segments: Retail Banking, Companies and Corporate, Private Banking, International Businesses, and Other. Maximum revenue is generated from the Retail Banking segment, which serves individuals, small businesses, and SMEs through a mix of mass-market services, personalized relationship management for higher-value customers, and includes the operations of ActivoBank.
46GF Score
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