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Bank Bradesco (BSP:BBDC3) Cyclically Adjusted Revenue per Share : R$10.57 (As of Mar. 2024)


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What is Bank Bradesco Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Bank Bradesco's adjusted revenue per share for the three months ended in Mar. 2024 was R$2.354. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$10.57 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bank Bradesco's average Cyclically Adjusted Revenue Growth Rate was 2.30% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-14), Bank Bradesco's current stock price is R$11.92. Bank Bradesco's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$10.57. Bank Bradesco's Cyclically Adjusted PS Ratio of today is 1.13.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Bank Bradesco was 2.66. The lowest was 1.13. And the median was 1.46.


Bank Bradesco Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Bank Bradesco's Cyclically Adjusted Revenue 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 Revenue per Share Chart

Bank Bradesco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.12 9.90 10.43

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 Revenue 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 10.33 10.37 10.44 10.43 10.57

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

For the Banks - Regional subindustry, Bank Bradesco's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Banks Industry

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

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



Bank Bradesco Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

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

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.354/156.2729*156.2729
=2.354

Current CPI (Mar. 2024) = 156.2729.

Bank Bradesco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200503 0.875 56.654 2.414
200506 0.932 57.416 2.537
200509 1.108 57.859 2.993
200512 0.513 58.824 1.363
200603 1.114 59.670 2.918
200606 1.176 59.729 3.077
200609 1.249 59.998 3.253
200612 0.480 60.672 1.236
200703 1.151 61.434 2.928
200706 1.466 61.933 3.699
200709 1.280 62.486 3.201
200712 0.964 63.377 2.377
200803 1.296 64.339 3.148
200806 1.513 65.686 3.600
200812 0.000 67.118 0.000
200912 0.000 70.012 0.000
201012 0.000 74.149 0.000
201112 0.000 78.971 0.000
201212 0.000 83.581 0.000
201312 0.000 88.522 0.000
201412 0.000 94.194 0.000
201512 0.000 104.247 0.000
201612 0.000 110.802 0.000
201712 0.000 114.068 0.000
201812 0.000 118.340 0.000
201912 0.000 123.436 0.000
202012 0.000 129.012 0.000
202103 2.154 131.660 2.557
202106 2.346 133.871 2.739
202109 2.189 137.913 2.480
202112 2.626 141.992 2.890
202203 2.784 146.537 2.969
202206 2.378 149.784 2.481
202209 2.170 147.800 2.294
202212 2.460 150.207 2.559
202303 2.427 153.352 2.473
202306 2.198 154.519 2.223
202309 2.167 155.464 2.178
202312 2.425 156.273 2.425
202403 2.354 156.273 2.354

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Bank Bradesco  (BSP:BBDC3) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.92/10.57
=1.13

* 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 PS Ratio of Bank Bradesco was 2.66. The lowest was 1.13. And the median was 1.46.


Be Aware

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


Bank Bradesco Cyclically Adjusted Revenue per Share Related Terms

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


Bank Bradesco (BSP:BBDC3) 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.

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