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Banco BBVA Argentina (Banco BBVA Argentina) Cyclically Adjusted Book per Share : $0.93 (As of Dec. 2023)


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What is Banco BBVA Argentina 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 BBVA Argentina's adjusted book value per share for the three months ended in Dec. 2023 was $18.945. 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 $0.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco BBVA Argentina's average Cyclically Adjusted Book Growth Rate was 81.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 79.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 67.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 47.50% 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 BBVA Argentina was 79.10% per year. The lowest was 0.90% per year. And the median was 32.25% per year.

As of today (2024-05-03), Banco BBVA Argentina's current stock price is $9.60. Banco BBVA Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.93. Banco BBVA Argentina's Cyclically Adjusted PB Ratio of today is 10.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco BBVA Argentina was 13.93. The lowest was 0.67. And the median was 5.29.


Banco BBVA Argentina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco BBVA Argentina'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 BBVA Argentina Cyclically Adjusted Book per Share Chart

Banco BBVA Argentina 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 1.38 1.09 1.20 1.43 0.93

Banco BBVA Argentina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.43 1.37 1.28 1.00 0.93

Competitive Comparison of Banco BBVA Argentina's Cyclically Adjusted Book per Share

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

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

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



Banco BBVA Argentina 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 BBVA Argentina's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=18.945/129.4194*129.4194
=18.945

Current CPI (Dec. 2023) = 129.4194.

Banco BBVA Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.876 99.695 7.628
201406 5.983 100.560 7.700
201409 6.182 100.428 7.967
201412 6.608 99.070 8.632
201503 6.812 99.621 8.850
201506 6.939 100.684 8.919
201509 7.287 100.392 9.394
201512 5.796 99.792 7.517
201603 5.573 100.470 7.179
201606 5.846 101.688 7.440
201609 5.821 101.861 7.396
201612 13.117 101.863 16.666
201703 6.085 102.862 7.656
201706 5.596 103.349 7.008
201709 6.885 104.136 8.557
201712 12.581 104.011 15.654
201803 0.000 105.290 0.000
201806 6.452 106.317 7.854
201809 4.750 106.507 5.772
201812 9.092 105.998 11.101
201903 5.559 107.251 6.708
201906 5.346 108.070 6.402
201909 4.912 108.329 5.868
201912 9.229 108.420 11.017
202003 6.867 108.902 8.161
202006 6.657 108.767 7.921
202009 6.904 109.815 8.137
202012 10.206 109.897 12.019
202103 6.388 111.754 7.398
202106 6.733 114.631 7.602
202109 7.287 115.734 8.149
202112 15.091 117.630 16.604
202203 8.690 121.301 9.272
202206 9.354 125.017 9.683
202209 10.471 125.227 10.822
202212 32.377 125.222 33.462
202303 11.233 127.348 11.416
202306 11.396 128.729 11.457
202309 10.536 129.860 10.500
202312 18.945 129.419 18.945

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


Banco BBVA Argentina  (NYSE:BBAR) 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 BBVA Argentina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.60/0.93
=10.32

* 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 BBVA Argentina was 13.93. The lowest was 0.67. And the median was 5.29.


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 BBVA Argentina Cyclically Adjusted Book per Share Related Terms

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


Banco BBVA Argentina (Banco BBVA Argentina) Business Description

Industry
Traded in Other Exchanges
Address
Avenue Cordoba 111, 31st floor, Buenos Aires, ARG, C1054AAA
Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. It bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, and the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. Its geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.