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Bankinter (Bankinter) Cyclically Adjusted Book per Share : $6.04 (As of Mar. 2024)


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What is Bankinter 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.

Bankinter's adjusted book value per share for the three months ended in Mar. 2024 was $6.571. 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 $6.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bankinter's average Cyclically Adjusted Book Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Bankinter was 7.30% per year. The lowest was 1.20% per year. And the median was 5.65% per year.

As of today (2024-04-28), Bankinter's current stock price is $8.04. Bankinter's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.04. Bankinter's Cyclically Adjusted PB Ratio of today is 1.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bankinter was 1.59. The lowest was 0.50. And the median was 1.05.


Bankinter Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bankinter'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.

Bankinter Cyclically Adjusted Book per Share Chart

Bankinter 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 7.13 7.53 5.68 5.62 6.34

Bankinter 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 5.97 6.39 6.03 6.34 6.04

Competitive Comparison of Bankinter's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bankinter'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.


Bankinter's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bankinter 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, Bankinter'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)
=6.571/121.2698*121.2698
=6.571

Current CPI (Mar. 2024) = 121.2698.

Bankinter Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.416 101.081 6.498
201409 5.230 100.441 6.315
201412 4.999 100.251 6.047
201503 4.445 99.474 5.419
201506 4.602 101.138 5.518
201509 4.695 99.559 5.719
201512 4.604 100.268 5.568
201603 4.756 98.638 5.847
201606 4.975 100.333 6.013
201609 5.091 99.737 6.190
201612 4.809 101.842 5.726
201703 4.913 100.896 5.905
201706 5.279 101.848 6.286
201709 5.702 101.524 6.811
201712 5.737 102.975 6.756
201803 6.050 102.122 7.184
201806 5.717 104.165 6.656
201809 5.780 103.818 6.752
201812 5.678 104.193 6.609
201903 5.716 103.488 6.698
201906 5.880 104.612 6.816
201909 5.860 103.905 6.839
201912 5.935 105.015 6.854
202003 5.734 103.469 6.720
202006 5.915 104.254 6.880
202009 6.353 103.521 7.442
202012 6.725 104.456 7.807
202103 6.688 104.857 7.735
202106 6.539 107.102 7.404
202109 6.345 107.669 7.147
202112 6.101 111.298 6.648
202203 5.949 115.153 6.265
202206 5.663 118.044 5.818
202209 5.383 117.221 5.569
202212 5.782 117.650 5.960
202303 5.931 118.948 6.047
202306 6.146 120.278 6.197
202309 6.286 121.343 6.282
202312 6.459 121.270 6.459
202403 6.571 121.270 6.571

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


Bankinter  (OTCPK:BKNIY) 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.

Bankinter's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.04/6.04
=1.33

* 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 Bankinter was 1.59. The lowest was 0.50. And the median was 1.05.


Be Aware

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


Bankinter Cyclically Adjusted Book per Share Related Terms

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


Bankinter (Bankinter) Business Description

Industry
Address
Paseo de la Castellana 29, Madrid, ESP, 28046
Bankinter SA is a bank operating primarily in Spain. Its services include financial planning, asset management, retail banking, corporate banking, treasury, and international banking. Customer loans constitute the overwhelming majority of earning assets on the balance sheet. The bank's strategy emphasizes innovation, as well as both organic and acquisitive growth, including international expansion beginning with Portugal. Bankinter's stated purpose for this expansion is to diversify its revenue base away from traditional spread lending and toward fee and commission income from private banking and asset management. To this end, the company has also placed an increasingly greater emphasis on corporate banking and higher-margin consumer finance.

Bankinter (Bankinter) Headlines

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