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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Cyclically Adjusted Book per Share : $31.18 (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 $33.705. 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 $31.18 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 2.70% 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 (2024-04-28), Banco Latinoamericano de Comercio Exterior's current stock price is $29.58. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $31.18. 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 25.10 25.81 27.90 29.83 31.08

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 30.37 30.76 31.10 31.08 31.18

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)
=33.705/129.4194*129.4194
=33.705

Current CPI (Mar. 2024) = 129.4194.

Banco Latinoamericano de Comercio Exterior Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.178 100.560 29.830
201409 23.438 100.428 30.204
201412 23.494 99.070 30.691
201503 24.197 99.621 31.435
201506 24.389 100.684 31.350
201509 24.681 100.392 31.817
201512 24.941 99.792 32.346
201603 25.167 100.470 32.418
201606 25.381 101.688 32.303
201609 25.814 101.861 32.798
201612 25.825 101.863 32.811
201703 25.975 102.862 32.681
201706 26.019 103.349 32.582
201709 26.210 104.136 32.574
201712 26.448 104.011 32.909
201803 26.469 105.290 32.535
201806 26.424 106.317 32.166
201809 25.012 106.507 30.393
201812 25.130 105.998 30.683
201903 25.211 107.251 30.422
201906 25.315 108.070 30.316
201909 25.481 108.329 30.442
201912 25.659 108.420 30.629
202003 25.710 108.902 30.554
202006 25.758 108.767 30.649
202009 25.855 109.815 30.471
202012 26.159 109.897 30.806
202103 26.111 111.754 30.238
202106 26.186 114.631 29.564
202109 26.639 115.734 29.789
202112 27.374 117.630 30.118
202203 27.698 121.301 29.552
202206 28.035 125.017 29.022
202209 28.876 125.227 29.843
202212 29.439 125.222 30.426
202303 30.058 127.348 30.547
202306 30.882 128.729 31.048
202309 31.773 129.860 31.665
202312 32.945 129.419 32.945
202403 33.705 129.419 33.705

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  (NYSE:BLX) 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
=29.58/31.18
=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 (Banco Latinoamericano de Comercio Exterior) 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.