Banco BTG Pactual S.A. (BSP:BPAC3) ROE % Adjusted to Book Value: 4.79% (As of Mar. 2026)


BSP:BPAC3 Banco BTG Pactual S.A. BSP:BPAC3
79 GF Score
Price R$22.51
GF Value R$26.46
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Banco BTG Pactual S.A. ROE % Adjusted to Book Value?

Banco BTG Pactual S.A. BSP:BPAC3 -1.62% 79 ROE % Adjusted to Book Value is 4.79% as of Mar. 2026. GuruFocus rates BSP:BPAC3 with a GF Score™ of 79/100 and a GF Value™ of R$26.46 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Banco BTG Pactual S.A.'s ROE % for the quarter that ended in Mar. 2026 was 25.31%. Banco BTG Pactual S.A.'s PB Ratio for the quarter that ended in Mar. 2026 was 5.28. Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 4.79%.


Banco BTG Pactual S.A. ROE % Adjusted to Book Value Related Terms


Banco BTG Pactual S.A. ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value 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 BTG Pactual S.A. ROE % Adjusted to Book Value Chart

Banco BTG Pactual S.A. Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 5.60 5.20 7.91 4.08

Banco BTG Pactual S.A. Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 6.48 6.26 5.72 4.23 4.79

BSP:BPAC3 vs MS, GS, SCHW: ROE % Adjusted to Book Value Comparison

For the Capital Markets subindustry, Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 BTG Pactual S.A. ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value falls into.


BSP:BPAC3
79GF Score
Banco BTG Pactual S.A. BSP:BPAC3
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco BTG Pactual S.A. ROE % Adjusted to Book Value Calculation

Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.03% / 6.13
=4.08%

Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.31% / 5.28
=4.79%

* 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.

What does a ROE % Adjusted to Book Value of 4.79% mean?
Banco BTG Pactual S.A. (BSP:BPAC3) has a ROE % Adjusted to Book Value of 4.79% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Banco BTG Pactual S.A. and its competitors.
Is Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value too high?
Banco BTG Pactual S.A.'s current ROE % Adjusted to Book Value is 4.79%. Overall, Banco BTG Pactual S.A. has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value compare to MS and GS?
Banco BTG Pactual S.A.'s ROE % Adjusted to Book Value of 4.79% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Banco BTG Pactual S.A. and its competitors. Banco BTG Pactual S.A.'s current ROE % Adjusted to Book Value is 4.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BTG Pactual S.A. stock overvalued right now?
Based on GuruFocus' analysis, Banco BTG Pactual S.A. (BSP:BPAC3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$26.46, compared to a current price of R$22.51 — trading 14.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 4.79%. Banco BTG Pactual S.A.'s overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Banco BTG Pactual S.A. (BSP:BPAC3), the current ROE % Adjusted to Book Value is 4.79% 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 BTG Pactual S.A. (BSP:BPAC3) Overvalued in 2026?

Based on GuruFocus' analysis, Banco BTG Pactual S.A. stock appears to be undervalued. The current stock price of R$22.51 is trading 14.9% below its estimated GF Value™ of R$26.46. GuruFocus considers Banco BTG Pactual S.A. to be Modestly Undervalued.

Key valuation signals for BSP:BPAC3:

  • ROE % Adjusted to Book Value: 4.79%
  • GF Value™: R$26.46 vs. price of R$22.51 (14.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the BSP:BPAC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco BTG Pactual S.A. Business Description

Other Exchanges BPAC11:BrazilBPAC5:Brazil
Address Praia de Botafogo, 501 - 5th floor, Botafogo, Torre Corcovado, RJ, BRA, 22250-040
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.
79GF Score

Get the complete analysis for BSP:BPAC3

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$22.51
Price
R$26.46
GF Value