Latest Ratios: P/E Ratio 19.4x · EV/EBITDA 5.3x · ROE 10.2%. (1995–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.1B | $3.7B | $3.9B | $1.1B | $797M | $643M | $656M | $1.1B | $2.3B | $4.8B | $3.1B |
| Enterprise Value | $2.2B | $-2788648109340 | $-2470517989146 | $-2346966290537 | $-271401760003 | $-395059442502 | $-208131380302 | $-189856673180 | $-137812005400 | $-47153150417 | $-80787693826 |
| P/E Ratio → | 19.43 | 0.01 | 0.01 | 0.00 | 0.00 | 0.04 | 0.02 | 0.04 | — | 1.24 | 0.86 |
| P/S Ratio | 1.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.07 | 0.11 |
| P/B Ratio | 1.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.10 | 0.08 |
| P/FCF | 3.75 | 0.00 | — | 0.00 | 0.01 | 0.01 | — | 0.05 | 0.07 | 0.57 | 0.15 |
| P/OCF | 3.25 | 0.00 | — | 0.00 | 0.01 | 0.01 | — | 0.04 | 0.07 | 0.52 | 0.15 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.50 | -0.48 | -0.31 | -0.06 | -0.27 | -0.51 | -0.70 | -0.98 | -0.64 | -2.91 |
| EV / EBITDA | 5.28 | -4.42 | -4.74 | -3.16 | -0.61 | -3.33 | -3.19 | -4.14 | -14.03 | -7.64 | -12.74 |
| EV / EBIT | 6.41 | -5.36 | -5.60 | -3.44 | -0.72 | -4.66 | -3.91 | -5.11 | -23.78 | -11.87 | -13.26 |
| EV / FCF | — | -1.71 | — | -4.20 | -2.89 | -3.64 | — | -7.73 | -4.26 | -5.58 | -3.90 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 54.8% | 54.8% | 65.9% | 55.2% | 57.5% | 61.8% | 69.9% | 62.9% | 63.2% | 75.0% | 59.3% |
| Operating Margin | 9.2% | 9.2% | 8.5% | 9.0% | 8.2% | 5.8% | 13.0% | 13.7% | 4.1% | 5.4% | 21.9% |
| Net Profit Margin | 5.6% | 5.6% | 6.9% | 4.5% | 8.7% | 3.9% | 7.2% | 12.1% | -2.2% | 4.0% | 13.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.2% | 10.2% | 12.7% | 19.8% | 116.8% | 23.2% | 20.5% | 35.6% | -5.2% | 6.7% | 13.9% |
| ROA | 1.6% | 1.6% | 2.6% | 4.5% | 20.1% | 3.7% | 3.6% | 5.6% | -0.7% | 1.0% | 1.8% |
| ROIC | 9.2% | 9.2% | 10.7% | 27.9% | 71.6% | 23.5% | 24.2% | 25.5% | 6.4% | 6.1% | 14.9% |
| ROCE | 3.5% | 3.5% | 8.7% | 18.6% | 29.1% | 17.8% | 19.7% | 20.0% | 4.7% | 4.9% | 11.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.55 | 0.55 | 0.13 | 0.05 | 0.21 | 0.09 | 0.12 | 0.19 | 0.18 | 0.09 | 0.13 |
| Debt / EBITDA | 3.11 | 3.11 | 0.67 | 0.19 | 0.17 | 0.25 | 0.32 | 0.47 | 1.26 | 0.72 | 0.76 |
| Net Debt / Equity | — | -0.79 | -0.95 | -0.76 | -0.74 | -1.25 | -1.21 | -1.66 | -2.00 | -1.05 | -2.18 |
| Net Debt / EBITDA | -4.43 | -4.43 | -4.75 | -3.16 | -0.61 | -3.34 | -3.20 | -4.17 | -14.27 | -8.42 | -13.23 |
| Debt / FCF | — | -1.71 | — | -4.20 | -2.89 | -3.64 | — | -7.78 | -4.33 | -6.15 | -4.05 |
| Interest Coverage | 0.20 | 0.20 | 0.25 | 0.20 | 0.19 | 0.15 | 0.44 | 0.37 | 0.11 | 0.22 | 0.59 |
Net cash position: cash ($4.75T) exceeds total debt ($1.96T)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.49 | 7.49 | 0.67 | 0.62 | 22526.85 | 0.58 | 0.62 | 0.72 | 0.57 | 0.43 | 0.57 |
| Quick Ratio | 7.49 | 7.49 | 0.67 | 0.62 | 22526.85 | 0.58 | 0.62 | 0.72 | 0.57 | 0.43 | 0.57 |
| Cash Ratio | 10.15 | 10.15 | 0.28 | 0.31 | 7254.64 | 0.31 | 0.32 | 0.53 | 0.38 | 0.25 | 0.42 |
| Asset Turnover | — | 0.22 | 0.35 | 0.57 | 2.35 | 0.73 | 0.39 | 0.44 | 0.25 | 0.23 | 0.10 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.3% | 100.0% | 100.0% | 25.1% | 100.0% | — | — | 100.0% | 42.0% | 46.4% | 46.9% |
| Payout Ratio | 6.3% | 6.3% | 25.1% | 0.1% | 2.0% | — | — | 15.3% | — | 76.4% | 40.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.1% | 8539.1% | 9074.3% | 32250.0% | 22993.8% | 2845.7% | 4507.5% | 2725.9% | — | 80.4% | 116.9% |
| FCF Yield | 26.6% | 44181.5% | — | 50320.2% | 11809.6% | 16891.3% | — | 2158.2% | 1398.3% | 174.9% | 663.4% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 54.3% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.3% | 100.0% | 100.0% | 25.1% | 100.0% | 0.0% | 0.0% | 100.0% | 96.2% | 46.4% | 46.9% |
| Shares Outstanding | — | $204M | $204M | $204M | $204M | $204M | $204M | $204M | $204M | $192M | $179M |
Hyperinflationary Sovereign Exposure
According to recent market data, BBAR trades at a P/B of 1.64, which suggests that investors are applying a significant sovereign discount to the bank's tangible book value, likely reflecting the inherent risks of the Argentine banking sector rather than the bank's specific operational franchise quality.
The current valuation multiples appear to be heavily influenced by country-specific risk premiums rather than the bank's internal return on tangible equity. Investors should monitor whether the P/B ratio converges toward peer levels as macroeconomic stabilization efforts progress, as the current discount may obscure the value of the bank's established deposit franchise.
As reported in financial statements, BBAR's ROE has fluctuated between 1.2% and 7.3% over the last ten quarters, indicating that the bank's profitability is highly sensitive to the volatile macroeconomic environment and the resulting distortions from hyperinflationary accounting adjustments on the bottom line.
The DuPont decomposition suggests that profitability is currently driven more by nominal interest rate shifts than by sustainable asset utilization or fee-based income growth. The bank's reliance on government-linked instruments for interest income implies that core profitability remains vulnerable to changes in the sovereign's fiscal and monetary policy.
Based on BBAR's reported figures, the net interest margin has contracted sharply from 15.4% in 2024Q1 to 3.5% in 2026Q1, highlighting the severe constraints placed on the bank's spread income by the current regulatory environment and the transition away from traditional central bank remunerated liabilities.
The efficiency ratio's volatility, peaking at 65.7% in 2024Q4, underscores the difficulty of managing fixed operating costs in an environment of persistent wage inflation. This suggests that the bank may struggle to maintain operating leverage unless it can successfully scale its digital transformation to offset the costs of its physical branch network.
As reported in quarterly filings, the equity-to-assets ratio has compressed from 0.26 in 2024Q1 to 0.16 in 2026Q1, indicating that the bank's capital adequacy is being pressured by the rapid nominal expansion of the balance sheet in a hyperinflationary context.
While the current capital position appears adequate, the trend suggests that the bank's ability to support future loan growth may be constrained by the need to maintain regulatory capital buffers. Investors should monitor whether the bank's capital return capacity remains limited by ongoing central bank restrictions on dividend distributions.
The P/E ratio is the most commonly misapplied metric for BBAR, as it fails to account for the extreme volatility in earnings caused by hyperinflationary accounting adjustments and the non-cash nature of RECPAM, which can lead to misleading valuation conclusions for institutional investors.
Using P/E to value a bank in a hyperinflationary environment obscures the underlying cash-generating capacity of the franchise. Analysts should instead prioritize P/TBV and focus on the bank's ability to maintain real capital growth, as these metrics provide a more accurate reflection of the bank's long-term value proposition.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying BBAR stock.
Banco BBVA Argentina S.A.'s current P/E ratio is 19.4x. The historical average is 6.4x. This places it at the 89th percentile of its historical range.
Banco BBVA Argentina S.A.'s current EV/EBITDA is 5.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.5x.
Banco BBVA Argentina S.A.'s return on equity (ROE) is 10.2%. The historical average is 18.7%.
Based on historical data, Banco BBVA Argentina S.A. is trading at a P/E of 19.4x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Banco BBVA Argentina S.A.'s current dividend yield is 0.32% with a payout ratio of 6.3%.
Banco BBVA Argentina S.A. has 54.8% gross margin and 9.2% operating margin.
Banco BBVA Argentina S.A.'s Debt/EBITDA ratio is 3.1x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.