BCH (Banco De Chile) Cyclically Adjusted Book per Share: $11.80 (As of Jun. 2026)

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BCH Banco De Chile BCH
68 GF Score
Price $40.77
GF Value $28.46
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Banco De Chile Cyclically Adjusted Book per Share?

Banco De Chile BCH +0.20% 68 Cyclically Adjusted Book per Share is $11.80 as of Jun. 2026. GuruFocus rates BCH with a GF Score™ of 68/100 and a GF Value™ of $28.46 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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 De Chile's adjusted book value per share for the three months ended in Jun. 2026 was $12.502. 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 $11.80 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Banco De Chile's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 De Chile was 13.40% per year. The lowest was 8.00% per year. And the median was 11.10% per year.

As of today (2026-08-17), Banco De Chile's current stock price is $40.77. Banco De Chile's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.80. Banco De Chile's Cyclically Adjusted PB Ratio of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco De Chile was 4.33. The lowest was 1.84. And the median was 2.71.


Banco De Chile  (NYSE:BCH) 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 De Chile's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.77/11.80
=3.46

* 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 De Chile was 4.33. The lowest was 1.84. And the median was 2.71.


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 De Chile Cyclically Adjusted Book per Share Related Terms


Banco De Chile Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Banco De Chile'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.

Banco De Chile Cyclically Adjusted Book per Share Chart

Banco De Chile Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.12 9.64 9.84 9.63 11.22

Banco De Chile Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.74 10.55 11.22 11.55 11.80

BCH vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Banco De Chile'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 De Chile Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BCH
68GF Score
Banco De Chile BCH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco De Chile 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 De Chile's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.502/162.5100*162.5100
=12.502

Current CPI (Jun. 2026) = 162.5100.

Banco De Chile Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.156 104.521 12.681
201612 9.475 104.532 14.730
201703 8.353 105.752 12.836
201706 8.800 105.730 13.526
201709 9.336 106.035 14.308
201712 10.735 106.907 16.318
201803 10.104 107.670 15.250
201806 9.774 108.421 14.650
201809 9.383 109.369 13.942
201812 10.629 109.653 15.753
201903 9.760 110.339 14.375
201906 9.721 111.352 14.187
201909 9.432 111.821 13.708
201912 10.105 112.943 14.540
202003 8.366 114.468 11.877
202006 8.903 114.283 12.660
202009 9.298 115.275 13.108
202012 10.835 116.299 15.140
202103 10.416 117.770 14.373
202106 10.688 118.630 14.641
202109 10.189 121.431 13.636
202112 11.227 124.634 14.639
202203 10.415 128.850 13.136
202206 10.104 133.448 12.304
202209 10.033 138.101 11.806
202212 12.326 140.574 14.249
202303 11.532 143.145 13.092
202306 12.065 143.538 13.660
202309 11.224 145.172 12.564
202312 13.750 146.109 15.293
202403 10.566 148.551 11.559
202406 11.392 149.592 12.376
202409 11.707 151.212 12.582
202412 13.080 152.774 13.914
202503 11.457 155.783 11.952
202506 11.759 155.754 12.269
202509 11.721 157.870 12.065
202512 14.488 158.040 14.898
202603 11.850 160.190 12.022
202606 12.502 162.510 12.502

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

What does a Cyclically Adjusted Book per Share of $11.80 mean?
Banco De Chile (BCH) has a Cyclically Adjusted Book per Share of $11.80 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Banco De Chile and its competitors.
Is Banco De Chile's Cyclically Adjusted Book per Share too high?
Banco De Chile's current Cyclically Adjusted Book per Share is $11.80. Overall, Banco De Chile has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco De Chile's Cyclically Adjusted Book per Share compare to PNC and USB?
Banco De Chile's Cyclically Adjusted Book per Share of $11.80 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Banco De Chile and its competitors. Banco De Chile's current Cyclically Adjusted Book per Share is $11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco De Chile stock overvalued right now?
Based on GuruFocus' analysis, Banco De Chile (BCH) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.46, compared to a current price of $40.77 — trading 43.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $11.80. Banco De Chile's overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Banco De Chile (BCH), the current Cyclically Adjusted Book per Share is $11.80 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco De Chile (BCH) Overvalued in 2026?

Based on GuruFocus' analysis, Banco De Chile stock appears to be overvalued. The current stock price of $40.77 is trading 43.3% above its estimated GF Value™ of $28.46. GuruFocus considers Banco De Chile to be Significantly Overvalued.

Key valuation signals for BCH:

  • Cyclically Adjusted Book per Share: $11.80
  • GF Value™: $28.46 vs. price of $40.77 (43.3% above fair value)
  • GF Score™: 68/100 with 9 warning signs

No single metric tells the full story. See the BCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco De Chile Business Description

Address Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile), Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.
68GF Score

Get the complete analysis for BCH

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.77
Price
$28.46
GF Value