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Banco do Brasil BB Brasil (BSP:BBAS3) Cyclically Adjusted Book per Share : R$25.37 (As of Mar. 2024)


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What is Banco do Brasil BB Brasil Cyclically Adjusted Book 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 Book per Share and 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.

Banco do Brasil BB Brasil's adjusted book value per share for the three months ended in Mar. 2024 was R$30.521. 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$25.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco do Brasil BB Brasil's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Banco do Brasil BB Brasil was 10.80% per year. The lowest was 8.40% per year. And the median was 10.15% per year.

As of today (2024-05-22), Banco do Brasil BB Brasil's current stock price is R$27.90. Banco do Brasil BB Brasil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$25.37. Banco do Brasil BB Brasil's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco do Brasil BB Brasil was 1.72. The lowest was 0.68. And the median was 0.99.


Banco do Brasil BB Brasil Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco do Brasil BB Brasil's Cyclically Adjusted Book 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.

Banco do Brasil BB Brasil Cyclically Adjusted Book per Share Chart

Banco do Brasil BB Brasil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.85 18.26 20.91 22.87 24.81

Banco do Brasil BB Brasil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book 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 23.58 23.99 24.36 24.81 25.37

Competitive Comparison of Banco do Brasil BB Brasil's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco do Brasil BB 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.


Banco do Brasil BB Brasil's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco do Brasil BB Brasil Cyclically Adjusted Book 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 Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Banco do Brasil BB Brasil's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.521/159.3724*159.3724
=30.521

Current CPI (Mar. 2024) = 159.3724.

Banco do Brasil BB Brasil Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.335 91.838 21.406
201409 14.030 92.602 24.146
201412 13.860 94.194 23.451
201503 14.364 97.799 23.407
201506 14.249 100.006 22.708
201509 14.359 101.392 22.570
201512 14.039 104.247 21.463
201603 14.473 106.979 21.561
201606 14.426 108.851 21.122
201609 14.789 109.986 21.430
201612 15.079 110.802 21.689
201703 15.484 111.869 22.059
201706 15.710 112.115 22.332
201709 16.138 112.777 22.806
201712 17.114 114.068 23.911
201803 17.506 114.868 24.288
201806 17.828 117.038 24.277
201809 18.044 117.881 24.395
201812 17.904 118.340 24.112
201903 18.357 120.124 24.355
201906 17.837 120.977 23.498
201909 18.342 121.292 24.101
201912 18.706 123.436 24.152
202003 19.283 124.092 24.765
202006 19.776 123.557 25.508
202009 21.014 125.095 26.772
202012 21.829 129.012 26.966
202103 23.646 131.660 28.623
202106 25.100 133.871 29.881
202109 25.330 137.913 29.271
202112 24.882 141.992 27.928
202203 26.243 146.537 28.542
202206 26.609 149.784 28.312
202209 26.966 147.800 29.077
202212 28.135 150.207 29.852
202303 28.965 153.352 30.102
202306 28.721 154.519 29.623
202309 29.029 155.464 29.759
202312 29.673 157.148 30.093
202403 30.521 159.372 30.521

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


Banco do Brasil BB Brasil  (BSP:BBAS3) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 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.

Banco do Brasil BB Brasil's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.90/25.37
=1.10

* 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 PB Ratio of Banco do Brasil BB Brasil was 1.72. The lowest was 0.68. And the median was 0.99.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Banco do Brasil BB Brasil Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Banco do Brasil BB Brasil's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco do Brasil BB Brasil (BSP:BBAS3) Business Description

Traded in Other Exchanges
Address
Setor de Autarquias Norte, Quadra 5, Lote B, Edificio Banco do Brasil, Brasilia, DF, BRA, 70040-912
Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, pension fund & capitalization, Payment methods, and Other segments. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The bank has subsidiaries/ business units/offices in Argentina, Dubai, the United Kingdom, Spain, Mexico, the United States, France, China, and Japan, among other locations. The products and services portfolio includes accounts, Loans, cards, financing, and others.

Banco do Brasil BB Brasil (BSP:BBAS3) Headlines

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