GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Latinoamericano de Comercio Exterior SA (FRA:D8Q) » Definitions » Cyclically Adjusted PB Ratio

Banco Latinoamericano de Comercio Exterior (FRA:D8Q) Cyclically Adjusted PB Ratio : 0.95 (As of May. 26, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Banco Latinoamericano de Comercio Exterior's current share 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 for today is 0.95.

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

FRA:D8Q' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.91   Max: 1.76
Current: 0.95

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

FRA:D8Q's Cyclically Adjusted PB Ratio is ranked worse than
52.72% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs FRA:D8Q: 0.95

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio Historical Data

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

Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio Chart

Banco Latinoamericano de Comercio Exterior 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 0.85 0.61 0.59 0.54 0.80

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 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 0.57 0.72 0.68 0.80 0.93

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio

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 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.

Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio for 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.

Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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  (FRA:D8Q) 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.


Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio 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

No Headlines