GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Administradora de Fondos de Pensiones-Provida (FRA:D8P1) » Definitions » Cyclically Adjusted PB Ratio

Administradora de Fondos de Pensiones-Provida (FRA:D8P1) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


View and export this data going back to . Start your Free Trial

What is Administradora de Fondos de Pensiones-Provida Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Administradora de Fondos de Pensiones-Provida Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted PB 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.

Administradora de Fondos de Pensiones-Provida Cyclically Adjusted PB Ratio Chart

Administradora de Fondos de Pensiones-Provida Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.64 0.19 0.33 0.63

Administradora de Fondos de Pensiones-Provida Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 0.40 0.58 0.55 0.63 0.66

Competitive Comparison of Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Administradora de Fondos de Pensiones-Provida'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.


Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted PB Ratio falls into.



Administradora de Fondos de Pensiones-Provida Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Administradora de Fondos de Pensiones-Provida'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)
=57.68/146.1089*146.1089
=57.680

Current CPI (Mar. 2024) = 146.1089.

Administradora de Fondos de Pensiones-Provida Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.102 95.543 26.153
201409 17.195 96.883 25.932
201412 61.577 97.515 92.262
201503 20.901 98.539 30.991
201506 19.189 99.770 28.101
201509 67.532 101.383 97.324
201512 71.520 101.775 102.675
201603 74.469 102.930 105.709
201606 75.160 103.965 105.627
201609 76.960 104.521 107.582
201612 81.935 104.532 114.525
201703 82.714 105.752 114.279
201706 74.407 105.730 102.823
201709 73.805 106.035 101.698
201712 77.708 106.907 106.203
201803 76.200 107.670 103.404
201806 72.421 108.421 97.595
201809 71.954 109.369 96.125
201812 70.894 109.653 94.464
201903 74.186 110.339 98.236
201906 71.707 111.352 94.089
201909 70.251 111.821 91.792
201912 68.552 112.943 88.682
202003 60.409 114.468 77.107
202006 63.327 114.283 80.962
202009 63.029 115.275 79.888
202012 60.912 116.299 76.525
202103 62.857 117.770 77.982
202106 61.259 118.630 75.448
202109 58.190 121.431 70.016
202112 54.117 124.634 63.442
202203 61.903 128.850 70.194
202206 56.780 133.448 62.167
202209 55.071 138.101 58.264
202212 58.631 140.574 60.940
202303 63.162 143.145 64.470
202306 60.140 143.538 61.217
202309 54.911 145.172 55.265
202312 56.326 146.109 56.326
202403 57.680 146.109 57.680

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


Administradora de Fondos de Pensiones-Provida  (FRA:D8P1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Administradora de Fondos de Pensiones-Provida Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Administradora de Fondos de Pensiones-Provida's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Administradora de Fondos de Pensiones-Provida (FRA:D8P1) Business Description

Traded in Other Exchanges
Address
Avenida Pedro de Valdivia 100, Providencia, Santiago, CHL
Administradora de Fondos de Pensiones-Provida administrates private pension fund. It is in investment and collection of clients' contributions, management of individual capitalization accounts and provision of life and disability benefits. Its services include collection for individual capitalization accounts, voluntary savings accounts, voluntary pension savings, life and disability benefits, investment services, and accounts administration. The company also holds investments in private pension fund administrators operating in Peru, Ecuador, Mexico, and the Dominican Republic.

Administradora de Fondos de Pensiones-Provida (FRA:D8P1) Headlines

No Headlines