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Bank Bradesco (BUE:BBD) Shiller PE Ratio : 3.09 (As of May. 15, 2024)


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What is Bank Bradesco Shiller PE Ratio?

As of today (2024-05-15), Bank Bradesco's current share price is ARS2848.00. Bank Bradesco's E10 for the quarter that ended in Mar. 2024 was ARS921.68. Bank Bradesco's Shiller PE Ratio for today is 3.09.

The historical rank and industry rank for Bank Bradesco's Shiller PE Ratio or its related term are showing as below:

BUE:BBD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.04   Med: 3.44   Max: 4.98
Current: 3.23

During the past years, Bank Bradesco's highest Shiller PE Ratio was 4.98. The lowest was 0.04. And the median was 3.44.

BUE:BBD's Shiller PE Ratio is ranked better than
95.87% of 1137 companies
in the Banks industry
Industry Median: 10.37 vs BUE:BBD: 3.23

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.

Bank Bradesco's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS62.598. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ARS921.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Bradesco Shiller PE Ratio Historical Data

The historical data trend for Bank Bradesco'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.

Bank Bradesco Shiller PE Ratio Chart

Bank Bradesco 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 0.08 0.06 0.04 3.81 4.11

Bank Bradesco Quarterly Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 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 3.27 3.99 3.42 4.11 3.44

Competitive Comparison of Bank Bradesco's Shiller PE Ratio

For the Banks - Regional subindustry, Bank Bradesco'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.


Bank Bradesco's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Bank Bradesco's Shiller PE Ratio falls into.



Bank Bradesco 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.

Bank Bradesco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2848.00/921.68
=3.09

* 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.

Bank Bradesco's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank Bradesco'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)
=62.598/156.2729*156.2729
=62.598

Current CPI (Mar. 2024) = 156.2729.

Bank Bradesco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200503 0.130 56.654 0.359
200506 0.168 57.416 0.457
200509 0.182 57.859 0.492
200512 0.262 58.824 0.696
200603 0.222 59.670 0.581
200606 0.222 59.729 0.581
200609 0.032 59.998 0.083
200612 0.395 60.672 1.017
200703 0.248 61.434 0.631
200706 0.361 61.933 0.911
200709 0.298 62.486 0.745
200712 0.388 63.377 0.957
200803 0.338 64.339 0.821
200806 0.358 65.686 0.852
200812 0.925 67.118 2.154
200912 1.810 70.012 4.040
201012 2.106 74.149 4.439
201112 2.284 78.971 4.520
201212 2.377 83.581 4.444
201312 2.972 88.522 5.247
201412 2.208 94.194 3.663
201512 5.391 104.247 8.081
201612 7.546 110.802 10.643
201712 8.839 114.068 12.109
201812 14.363 118.340 18.967
201912 27.272 123.436 34.527
202012 22.289 129.012 26.999
202103 8.792 131.660 10.436
202106 8.477 133.871 9.896
202109 9.817 137.913 11.124
202112 9.644 141.992 10.614
202203 15.535 146.537 16.567
202206 15.495 149.784 16.166
202209 12.720 147.800 13.449
202212 1.598 150.207 1.663
202303 18.205 153.352 18.552
202306 17.801 154.519 18.003
202309 21.258 155.464 21.369
202312 9.578 156.273 9.578
202403 62.598 156.273 62.598

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.


Bank Bradesco  (BUE:BBD) 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.


Bank Bradesco Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Bank Bradesco's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank Bradesco (BUE:BBD) Business Description

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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