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Banco Itau Chile (Banco Itau Chile) Cyclically Adjusted Book per Share : $8.29 (As of Sep. 2023)


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What is Banco Itau Chile 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 Itau Chile's adjusted book value per share for the three months ended in Sep. 2023 was $6.163. 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 $8.29 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Banco Itau Chile's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.50% 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 Itau Chile was 9.40% per year. The lowest was 5.20% per year. And the median was 5.55% per year.

As of today (2024-05-02), Banco Itau Chile's current stock price is $3.10. Banco Itau Chile's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $8.29. Banco Itau Chile's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Itau Chile was 2.86. The lowest was 0.35. And the median was 1.97.


Banco Itau Chile Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco Itau Chile'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 Itau Chile Cyclically Adjusted Book per Share Chart

Banco Itau Chile Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.87 6.83 7.51 7.43 8.34

Banco Itau Chile Quarterly Data
Mar14 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.44 8.34 9.02 9.03 8.29

Competitive Comparison of Banco Itau Chile's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco Itau Chile'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 Itau Chile's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Itau Chile's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banco Itau Chile's Cyclically Adjusted PB Ratio falls into.



Banco Itau Chile 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 Itau Chile's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=6.163/145.1719*145.1719
=6.163

Current CPI (Sep. 2023) = 145.1719.

Banco Itau Chile Quarterly Data

Book Value per Share CPI Adj_Book
200809 5.628 85.461 9.560
200812 5.253 85.070 8.964
200903 5.376 83.357 9.363
200906 6.004 83.332 10.459
200912 6.639 82.874 11.630
201003 6.142 83.612 10.664
201006 6.084 84.299 10.477
201012 7.599 85.345 12.926
201103 6.644 86.423 11.160
201106 7.084 87.197 11.794
201109 0.000 87.883 0.000
201112 8.369 89.125 13.632
201203 7.882 89.703 12.756
201206 9.241 89.507 14.988
201209 9.817 90.378 15.769
201212 8.642 90.455 13.870
201303 11.408 91.065 18.186
201306 10.980 91.196 17.479
201309 11.905 92.154 18.754
201312 12.001 93.179 18.698
201403 11.552 94.584 17.731
201406 12.415 95.543 18.864
201412 10.635 97.515 15.832
201512 4.931 101.775 7.034
201612 13.971 104.532 19.403
201712 15.281 106.907 20.751
201812 13.547 109.653 17.935
201912 12.706 112.943 16.332
202006 0.000 114.283 0.000
202012 9.294 116.299 11.601
202106 9.195 118.630 11.252
202109 0.000 121.431 0.000
202112 5.776 124.634 6.728
202203 0.000 128.850 0.000
202206 0.000 133.448 0.000
202209 5.281 138.101 5.551
202212 5.895 140.574 6.088
202303 6.562 143.145 6.655
202306 6.780 143.538 6.857
202309 6.163 145.172 6.163

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


Banco Itau Chile  (OTCPK:ITCLY) 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 Itau Chile's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.10/8.29
=0.37

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Itau Chile was 2.86. The lowest was 0.35. And the median was 1.97.


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 Itau Chile Cyclically Adjusted Book per Share Related Terms

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


Banco Itau Chile (Banco Itau Chile) Business Description

Industry
Traded in Other Exchanges
Address
Presidente Riesco 5537, Las Condes, Santiago, CHL
Banco Itau Chile is a commercial bank from Chile. The bank has operations in Colombia, Panama, the United States, and Spain. CorpBanca offers commercial and retail banking products, mainly to individuals and midsize and large corporations. The product portfolio consists of treasury and financial advisory, securities brokerage, asset management, insurance brokerage, investment banking, payment products, legal services, cash management, international trade, mortgages, and consumer credit.

Banco Itau Chile (Banco Itau Chile) Headlines

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