Bolsa Mercantil de Colombia (BOG:BMC) Cyclically Adjusted Book per Share: COP (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Bolsa Mercantil de Colombia Cyclically Adjusted Book per Share?

Bolsa Mercantil de Colombia BOG:BMC Cyclically Adjusted Book per Share is COP as of Jun. 2026.

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.

Bolsa Mercantil de Colombia's adjusted book value per share for the three months ended in Jun. 2026 was COP1,621.667. 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 COP for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-09-21), Bolsa Mercantil de Colombia's current stock price is COP6690.00. Bolsa Mercantil de Colombia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was COP. Bolsa Mercantil de Colombia's Cyclically Adjusted PB Ratio of today is .


Bolsa Mercantil de Colombia  (BOG:BMC) 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.


Be Aware

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


Bolsa Mercantil de Colombia Cyclically Adjusted Book per Share Related Terms


Bolsa Mercantil de Colombia Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bolsa Mercantil de Colombia'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.

Bolsa Mercantil de Colombia Cyclically Adjusted Book per Share Chart

Bolsa Mercantil de Colombia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Bolsa Mercantil de Colombia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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BOG:BMC vs OTCM, OSBHF: Cyclically Adjusted Book per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Bolsa Mercantil de Colombia'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.


Bolsa Mercantil de Colombia Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa Mercantil de Colombia's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bolsa Mercantil de Colombia's Cyclically Adjusted PB Ratio falls into.



Bolsa Mercantil de Colombia 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, Bolsa Mercantil de Colombia'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)
=1621.667/333.9520*333.9520
=1,621.667

Current CPI (Jun. 2026) = 333.9520.

Bolsa Mercantil de Colombia Quarterly Data

Book Value per Share CPI Adj_Book
201112 819.434 225.672 1,212.608
201212 861.506 229.601 1,253.051
201312 917.545 233.049 1,314.814
201412 841.136 234.812 1,196.272
201512 996.372 236.525 1,406.788
201603 1,010.560 238.132 1,417.191
201606 1,033.320 241.018 1,431.757
201609 1,056.547 241.428 1,461.454
201612 1,105.587 241.432 1,529.263
201703 1,142.837 243.801 1,565.427
201706 1,183.560 244.955 1,613.571
201709 1,206.440 246.819 1,632.342
201712 1,236.802 246.524 1,675.425
201803 1,197.722 249.554 1,602.786
201806 1,247.678 251.989 1,653.503
201809 1,316.967 252.439 1,742.218
201812 1,345.438 251.233 1,788.426
201903 1,259.058 254.202 1,654.058
201906 1,299.454 256.143 1,694.191
201909 1,353.629 256.759 1,760.589
201912 1,420.436 256.974 1,845.936
202003 1,453.463 258.115 1,880.506
202006 1,331.785 257.797 1,725.203
202009 1,405.884 260.280 1,803.818
202012 1,473.718 260.474 1,889.444
202106 1,332.246 271.696 1,637.515
202203 1,317.319 287.504 1,530.140
202206 1,420.511 296.311 1,600.961
202209 1,533.469 296.808 1,725.375
202303 1,433.758 301.836 1,586.313
202306 1,543.368 305.109 1,689.268
202309 307.789 0.000
202403 1,255.378 312.332 1,342.277
202406 1,374.802 314.175 1,461.344
202503 1,434.249 319.799 1,497.723
202506 1,587.686 322.561 1,643.754
202509 1,760.926 324.800 1,810.544
202512 1,939.803 324.054 1,999.053
202603 1,458.131 330.213 1,474.641
202606 1,621.667 333.952 1,621.667

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 COP mean?
Bolsa Mercantil de Colombia (BOG:BMC) has a Cyclically Adjusted Book per Share of COP 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 Bolsa Mercantil de Colombia and its competitors.
Is Bolsa Mercantil de Colombia's Cyclically Adjusted Book per Share too high?
Bolsa Mercantil de Colombia's current Cyclically Adjusted Book per Share is COP.
How does Bolsa Mercantil de Colombia's Cyclically Adjusted Book per Share compare to OTCM and OSBHF?
Bolsa Mercantil de Colombia's Cyclically Adjusted Book per Share of COP can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets 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 Bolsa Mercantil de Colombia and its competitors. Bolsa Mercantil de Colombia's current Cyclically Adjusted Book per Share is COP. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa Mercantil de Colombia stock overvalued right now?
Bolsa Mercantil de Colombia (BOG:BMC) has a current Cyclically Adjusted Book per Share of COP. The current Cyclically Adjusted Book per Share is COP. 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 Bolsa Mercantil de Colombia (BOG:BMC), the current Cyclically Adjusted Book per Share is COP 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.

Bolsa Mercantil de Colombia Business Description

Address Calle 113 No 7-21, Piso 15 Torre A, Ed Teleport Business Park, Bogota, COL
Bolsa Mercantil de Colombia SA is engaged in the marketing of agricultural, agro-industrial and other commodities goods, and other commodities. The company also provides interests, securities, futures and options contracts, and derivative instruments through a commodity exchange.