ITUB3.SA Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	597.61B EUR	487.94B EUR	471.93B EUR	400.81B EUR
Enterprise Value	1.23T EUR	772.52B EUR	759.2B EUR	693.9B EUR
Valuation Multiples
Trailing P/E	13.1x	10.42x	10.26x	11.67x
Forward P/E	--	--	--	--
Price to Sales	4.16x	2.88x	2.88x	3.27x
Price to Book	2.74x	2.24x	2.25x	1.96x
EV/Revenue	8.57x	4.56x	4.64x	5.66x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	3.26x	5.12x	9.82x
EV/FCF	--	5.17x	8.23x	16.99x
FCF Yield	--	30.63%	19.54%	10.19%