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BCO Mercantil de Investimentos (BSP:BMIN3) Shiller PE Ratio : 13.80 (As of May. 25, 2024)


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What is BCO Mercantil de Investimentos Shiller PE Ratio?

As of today (2024-05-25), BCO Mercantil de Investimentos's current share price is R$20.01. BCO Mercantil de Investimentos's E10 for the quarter that ended in Mar. 2024 was R$1.45. BCO Mercantil de Investimentos's Shiller PE Ratio for today is 13.80.

The historical rank and industry rank for BCO Mercantil de Investimentos's Shiller PE Ratio or its related term are showing as below:

BSP:BMIN3' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.71   Med: 13.89   Max: 20.75
Current: 13.78

During the past years, BCO Mercantil de Investimentos's highest Shiller PE Ratio was 20.75. The lowest was 9.71. And the median was 13.89.

BSP:BMIN3's Shiller PE Ratio is ranked worse than
73.57% of 1139 companies
in the Banks industry
Industry Median: 10.13 vs BSP:BMIN3: 13.78

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.

BCO Mercantil de Investimentos's adjusted earnings per share data for the three months ended in Mar. 2024 was R$0.341. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BCO Mercantil de Investimentos Shiller PE Ratio Historical Data

The historical data trend for BCO Mercantil de Investimentos's Shiller PE 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.

BCO Mercantil de Investimentos Shiller PE Ratio Chart

BCO Mercantil de Investimentos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.06 12.17 16.84 14.17 13.89

BCO Mercantil de Investimentos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 11.87 15.79 15.64 13.89 13.78

Competitive Comparison of BCO Mercantil de Investimentos's Shiller PE Ratio

For the Banks - Regional subindustry, BCO Mercantil de Investimentos's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


BCO Mercantil de Investimentos's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCO Mercantil de Investimentos's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where BCO Mercantil de Investimentos's Shiller PE Ratio falls into.



BCO Mercantil de Investimentos Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

BCO Mercantil de Investimentos's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=20.01/1.45
=13.80

* 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.

BCO Mercantil de Investimentos's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, BCO Mercantil de Investimentos's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.341/159.3724*159.3724
=0.341

Current CPI (Mar. 2024) = 159.3724.

BCO Mercantil de Investimentos Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.407 91.838 0.706
201409 0.218 92.602 0.375
201412 0.517 94.194 0.875
201503 0.530 97.799 0.864
201506 0.476 100.006 0.759
201509 0.194 101.392 0.305
201512 0.406 104.247 0.621
201603 0.029 106.979 0.043
201606 1.537 108.851 2.250
201609 0.017 109.986 0.025
201612 0.506 110.802 0.728
201703 0.015 111.869 0.021
201706 -0.081 112.115 -0.115
201709 -0.175 112.777 -0.247
201712 -0.340 114.068 -0.475
201803 0.615 114.868 0.853
201806 0.283 117.038 0.385
201809 0.155 117.881 0.210
201812 0.184 118.340 0.248
201903 -0.027 120.124 -0.036
201906 0.079 120.977 0.104
201909 0.189 121.292 0.248
201912 0.221 123.436 0.285
202003 0.105 124.092 0.135
202006 -0.087 123.557 -0.112
202009 0.107 125.095 0.136
202012 0.384 129.012 0.474
202103 0.030 131.660 0.036
202106 0.259 133.871 0.308
202109 0.115 137.913 0.133
202112 0.296 141.992 0.332
202203 0.265 146.537 0.288
202206 0.452 149.784 0.481
202209 0.360 147.800 0.388
202212 0.945 150.207 1.003
202303 0.214 153.352 0.222
202306 0.424 154.519 0.437
202309 0.405 155.464 0.415
202312 0.463 157.148 0.470
202403 0.341 159.372 0.341

Add all the adjusted EPS together and divide 10 will get our E10.

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.


BCO Mercantil de Investimentos  (BSP:BMIN3) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


BCO Mercantil de Investimentos Shiller PE Ratio Related Terms

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BCO Mercantil de Investimentos (BSP:BMIN3) Business Description

Traded in Other Exchanges
Address
Rua Rio de Janeiro 654, 6 Andar, Belo Horizonte, MG, BRA, 30160912
BCO Mercantil de Investimentos SA provides capital financing for productive activities in short, medium and long term projects. It operates as a subsidiary of Banco Mercantil do Brasil S.A.

BCO Mercantil de Investimentos (BSP:BMIN3) Headlines

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