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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Shiller PE Ratio

: 11.37 (As of Today)
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As of today (2024-04-19), Banco Latinoamericano de Comercio Exterior's current share price is $29.56. Banco Latinoamericano de Comercio Exterior's E10 for the quarter that ended in Sep. 2023 was $2.60. Banco Latinoamericano de Comercio Exterior's Shiller PE Ratio for today is 11.37.

The historical rank and industry rank for Banco Latinoamericano de Comercio Exterior's Shiller PE Ratio or its related term are showing as below:

BLX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.68   Med: 9.96   Max: 16.17
Current: 11.38

During the past years, Banco Latinoamericano de Comercio Exterior's highest Shiller PE Ratio was 16.17. The lowest was 3.68. And the median was 9.96.

BLX's Shiller PE Ratio is ranked worse than
60.12% of 1126 companies
in the Banks industry
Industry Median: 10.18 vs BLX: 11.38

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.

Banco Latinoamericano de Comercio Exterior's adjusted earnings per share data for the three months ended in Sep. 2023 was $1.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.60 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Latinoamericano de Comercio Exterior Shiller PE Ratio Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior'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.

Banco Latinoamericano de Comercio Exterior Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.72 7.03 7.22 6.79 -

Banco Latinoamericano de Comercio Exterior Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 6.79 7.03 8.72 8.16 -

Competitive Comparison

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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.


Banco Latinoamericano de Comercio Exterior Shiller PE Ratio Distribution

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Shiller PE Ratio falls into.



Banco Latinoamericano de Comercio Exterior 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.

Banco Latinoamericano de Comercio Exterior's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.56/2.6
=11.37

* 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.

Banco Latinoamericano de Comercio Exterior's E10 for the quarter that ended in Sep. 2023 is calculated as:

For example, Banco Latinoamericano de Comercio Exterior's adjusted earnings per share data for the three months ended in Sep. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.25/129.8595*129.8595
=1.250

Current CPI (Sep. 2023) = 129.8595.

Banco Latinoamericano de Comercio Exterior Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201312 0.620 98.326 0.819
201403 0.610 99.695 0.795
201406 0.530 100.560 0.684
201409 0.680 100.428 0.879
201412 0.930 99.070 1.219
201503 0.770 99.621 1.004
201506 0.350 100.684 0.451
201509 0.960 100.392 1.242
201512 0.590 99.792 0.768
201603 0.600 100.470 0.776
201606 0.570 101.688 0.728
201609 0.710 101.861 0.905
201612 0.340 101.863 0.433
201703 0.600 102.862 0.757
201706 0.440 103.349 0.553
201709 0.520 104.136 0.648
201712 0.520 104.011 0.649
201803 0.370 105.290 0.456
201806 0.420 106.317 0.513
201809 -1.030 106.507 -1.256
201812 0.520 105.998 0.637
201903 0.540 107.251 0.654
201906 0.560 108.070 0.673
201909 0.520 108.329 0.623
201912 0.560 108.420 0.671
202003 0.460 108.902 0.549
202006 0.360 108.767 0.430
202009 0.390 109.815 0.461
202012 0.400 109.897 0.473
202103 0.320 111.754 0.372
202106 0.360 114.631 0.408
202109 0.410 115.734 0.460
202112 0.540 117.630 0.596
202203 0.310 121.301 0.332
202206 0.630 125.017 0.654
202209 0.740 125.227 0.767
202212 0.850 125.222 0.881
202303 1.020 127.348 1.040
202306 1.020 128.729 1.029
202309 1.250 129.860 1.250

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.


Banco Latinoamericano de Comercio Exterior  (NYSE:BLX) 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.


Banco Latinoamericano de Comercio Exterior Shiller PE Ratio Related Terms

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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Traded in Other Exchanges
Address
Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.