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Bank Bradesco (BUE:BBD) Cyclically Adjusted Book per Share : ARS2,737.70 (As of Mar. 2024)


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What is Bank Bradesco 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.

Bank Bradesco's adjusted book value per share for the three months ended in Mar. 2024 was ARS2,642.430. 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 ARS2,737.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Bradesco's average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.20% 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 Bank Bradesco was 19.80% per year. The lowest was 6.40% per year. And the median was 11.20% per year.

As of today (2024-05-31), Bank Bradesco's current stock price is ARS3122.50. Bank Bradesco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS2,737.70. Bank Bradesco's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bank Bradesco was 2.34. The lowest was 1.04. And the median was 1.48.


Bank Bradesco Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bank Bradesco'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.

Bank Bradesco Cyclically Adjusted Book per Share Chart

Bank Bradesco 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 121.31 210.78 311.79 650.95 2,363.54

Bank Bradesco Quarterly Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 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 841.74 1,184.63 1,877.11 2,363.54 2,737.70

Competitive Comparison of Bank Bradesco's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bank Bradesco'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.


Bank Bradesco's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank Bradesco's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank Bradesco's Cyclically Adjusted PB Ratio falls into.



Bank Bradesco 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, Bank Bradesco'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)
=2642.43/159.3724*159.3724
=2,642.430

Current CPI (Mar. 2024) = 159.3724.

Bank Bradesco Quarterly Data

Book Value per Share CPI Adj_Book
200503 1.781 56.654 5.010
200506 2.070 57.416 5.746
200509 2.325 57.859 6.404
200512 2.585 58.824 7.004
200603 2.948 59.670 7.874
200606 2.969 59.729 7.922
200609 3.146 59.998 8.357
200612 3.692 60.672 9.698
200703 3.784 61.434 9.816
200706 4.321 61.933 11.119
200709 4.689 62.486 11.959
200712 4.045 63.377 10.172
200803 5.842 64.339 14.471
200806 6.042 65.686 14.659
200812 3.517 67.118 8.351
200912 6.621 70.012 15.072
201012 11.311 74.149 24.311
201112 12.886 78.971 26.006
201212 15.687 83.581 29.912
201312 18.086 88.522 32.562
201412 24.786 94.194 41.937
201512 28.320 104.247 43.296
201612 46.554 110.802 66.961
201712 63.640 114.068 88.916
201812 112.864 118.340 151.997
201912 184.028 123.436 237.604
202012 215.457 129.012 266.160
202103 0.000 131.660 0.000
202106 0.000 133.871 0.000
202109 0.000 137.913 0.000
202112 250.959 141.992 281.677
202203 311.296 146.537 338.562
202206 350.853 149.784 373.314
202209 401.169 147.800 432.581
202212 479.126 150.207 508.362
202303 579.971 153.352 602.738
202306 774.581 154.519 798.911
202309 1,106.806 155.464 1,134.635
202312 1,151.517 157.148 1,167.816
202403 2,642.430 159.372 2,642.430

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


Bank Bradesco  (BUE:BBD) 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.

Bank Bradesco's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3122.50/2737.7
=1.14

* 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 Bank Bradesco was 2.34. The lowest was 1.04. And the median was 1.48.


Be Aware

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


Bank Bradesco Cyclically Adjusted Book per Share Related Terms

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


Bank Bradesco (BUE:BBD) Business Description

Industry
Address
Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900
Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.

Bank Bradesco (BUE:BBD) Headlines