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Bancontander (Brasil) (BSP:SANB3) Cyclically Adjusted PB Ratio : 0.80 (As of May. 29, 2024)


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What is Bancontander (Brasil) Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Bancontander (Brasil)'s current share price is R$13.20. Bancontander (Brasil)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$16.48. Bancontander (Brasil)'s Cyclically Adjusted PB Ratio for today is 0.80.

The historical rank and industry rank for Bancontander (Brasil)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:SANB3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.07   Max: 2.06
Current: 0.79

During the past years, Bancontander (Brasil)'s highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.75. And the median was 1.07.

BSP:SANB3's Cyclically Adjusted PB Ratio is ranked better than
60.79% of 1196 companies
in the Banks industry
Industry Median: 0.92 vs BSP:SANB3: 0.79

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.

Bancontander (Brasil)'s adjusted book value per share data for the three months ended in Dec. 2023 was R$15.375. 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$16.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander (Brasil) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander (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.

Bancontander (Brasil) Cyclically Adjusted PB Ratio Chart

Bancontander (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 1.79 1.49 0.91 0.83 0.92

Bancontander (Brasil) Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.91 0.83 0.88 0.75 0.92

Competitive Comparison of Bancontander (Brasil)'s Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bancontander (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.


Bancontander (Brasil)'s Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bancontander (Brasil)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bancontander (Brasil)'s Cyclically Adjusted PB Ratio falls into.



Bancontander (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.

Bancontander (Brasil)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.20/16.48
=0.80

* 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.

Bancontander (Brasil)'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bancontander (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)
=15.375/157.1481*157.1481
=15.375

Current CPI (Dec. 2023) = 157.1481.

Bancontander (Brasil) Quarterly Data

Book Value per Share CPI Adj_Book
201312 10.512 88.522 18.661
201403 9.918 90.447 17.232
201406 10.374 91.838 17.751
201409 10.405 92.602 17.658
201412 10.383 94.194 17.322
201503 10.513 97.799 16.893
201506 11.227 100.006 17.642
201509 10.853 101.392 16.821
201512 10.555 104.247 15.911
201603 11.006 106.979 16.167
201606 11.357 108.851 16.396
201609 11.690 109.986 16.703
201612 11.194 110.802 15.876
201703 11.594 111.869 16.287
201706 11.692 112.115 16.388
201709 11.996 112.777 16.716
201712 11.574 114.068 15.945
201803 11.734 114.868 16.053
201806 11.864 117.038 15.930
201809 12.182 117.881 16.240
201812 12.188 118.340 16.185
201903 12.535 120.124 16.399
201906 12.857 120.977 16.701
201909 13.334 121.292 17.276
201912 12.947 123.436 16.483
202003 13.322 124.092 16.871
202006 13.521 123.557 17.197
202009 13.872 125.095 17.426
202012 14.178 129.012 17.270
202103 14.060 131.660 16.782
202106 14.203 133.871 16.673
202109 14.135 137.913 16.106
202112 14.148 141.992 15.658
202203 14.207 146.537 15.236
202206 14.484 149.784 15.196
202209 14.707 147.800 15.637
202212 14.817 150.207 15.502
202306 15.092 154.519 15.349
202309 15.195 155.464 15.360
202312 15.375 157.148 15.375

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.


Bancontander (Brasil)  (BSP:SANB3) 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.


Bancontander (Brasil) Cyclically Adjusted PB Ratio Related Terms

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


Bancontander (Brasil) (BSP:SANB3) Business Description

Address
Avenida Presidente Juscelino Kubitschek, 2041, Suite 281, Block A, Condominio WTORRE JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: Commercial Banking provides services and products to individuals and companies. The revenue from this segment is derived from the banking and financial products and services available to the account and non-account holders. global Wholesale Banking offers a wide range of national and international tailored financial services and structured solutions for global corporate customers, comprised mostly of local and multinational corporations. The bank has operations in Brazil and internationally.

Bancontander (Brasil) (BSP:SANB3) Headlines

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