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Banco Latinoamericano de Comercio Exterior (FRA:D8Q) Cyclically Adjusted Book per Share : €28.71 (As of Mar. 2024)


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What is Banco Latinoamericano de Comercio Exterior Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Banco Latinoamericano de Comercio Exterior's adjusted book value per share for the three months ended in Mar. 2024 was €31.009. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €28.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco Latinoamericano de Comercio Exterior's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Banco Latinoamericano de Comercio Exterior was 7.00% per year. The lowest was -9.00% per year. And the median was -0.50% per year.

As of today (2024-05-26), Banco Latinoamericano de Comercio Exterior's current stock price is €27.40. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €28.71. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Latinoamericano de Comercio Exterior was 1.76. The lowest was 0.32. And the median was 0.91.


Banco Latinoamericano de Comercio Exterior Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

Banco Latinoamericano de Comercio Exterior Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.19 20.38 24.87 27.62 27.89

Banco Latinoamericano de Comercio Exterior Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 27.43 27.89 29.63 27.89 28.71

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio falls into.



Banco Latinoamericano de Comercio Exterior Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, Banco Latinoamericano de Comercio Exterior's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.009/131.7762*131.7762
=31.009

Current CPI (Mar. 2024) = 131.7762.

Banco Latinoamericano de Comercio Exterior Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.059 100.560 22.355
201409 18.188 100.428 23.865
201412 19.054 99.070 25.344
201503 22.358 99.621 29.575
201506 21.731 100.684 28.442
201509 21.991 100.392 28.866
201512 22.896 99.792 30.234
201603 22.600 100.470 29.642
201606 22.589 101.688 29.273
201609 23.000 101.861 29.755
201612 24.482 101.863 31.672
201703 24.286 102.862 31.113
201706 23.157 103.349 29.527
201709 21.990 104.136 27.827
201712 22.349 104.011 28.315
201803 21.466 105.290 26.866
201806 22.619 106.317 28.036
201809 21.436 106.507 26.522
201812 22.089 105.998 27.461
201903 22.312 107.251 27.414
201906 22.404 108.070 27.319
201909 23.137 108.329 28.145
201912 23.093 108.420 28.068
202003 23.268 108.902 28.155
202006 22.873 108.767 27.712
202009 21.951 109.815 26.341
202012 21.502 109.897 25.783
202103 21.933 111.754 25.862
202106 21.734 114.631 24.985
202109 22.643 115.734 25.782
202112 24.226 117.630 27.140
202203 25.150 121.301 27.322
202206 26.521 125.017 27.955
202209 29.165 125.227 30.690
202212 27.790 125.222 29.245
202303 28.074 127.348 29.050
202306 28.504 128.729 29.179
202309 29.771 129.860 30.210
202312 30.211 129.419 30.761
202403 31.009 131.776 31.009

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Banco Latinoamericano de Comercio Exterior  (FRA:D8Q) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.40/28.71
=0.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Latinoamericano de Comercio Exterior was 1.76. The lowest was 0.32. And the median was 0.91.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Banco Latinoamericano de Comercio Exterior Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Latinoamericano de Comercio Exterior (FRA:D8Q) 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.

Banco Latinoamericano de Comercio Exterior (FRA:D8Q) Headlines

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