GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Davivienda SA (BOG:PFDAVVNDA) » Definitions » Cyclically Adjusted Book per Share

Banco Davivienda (BOG:PFDAVVNDA) Cyclically Adjusted Book per Share : COP30,732.10 (As of Jun. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Banco Davivienda 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 Davivienda's adjusted book value per share for the three months ended in Jun. 2024 was COP31,326.821. 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 COP30,732.10 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Banco Davivienda's average Cyclically Adjusted Book Growth Rate was 7.90% 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.

As of today (2024-09-26), Banco Davivienda's current stock price is COP18800.00. Banco Davivienda's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was COP30,732.10. Banco Davivienda's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Davivienda was 1.51. The lowest was 0.53. And the median was 1.02.


Banco Davivienda Cyclically Adjusted Book per Share Historical Data

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

Banco Davivienda 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 - - 23,717.40 26,865.30 29,381.90

Banco Davivienda Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 28,494.60 29,148.50 29,381.90 30,238.70 30,732.10

Competitive Comparison of Banco Davivienda's Cyclically Adjusted Book per Share

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

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

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



Banco Davivienda 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 Davivienda's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=31326.821/132.5538*132.5538
=31,326.821

Current CPI (Jun. 2024) = 132.5538.

Banco Davivienda Quarterly Data

Book Value per Share CPI Adj_Book
201409 14,828.439 100.428 19,571.931
201412 16,645.898 99.070 22,271.966
201503 16,852.238 99.621 22,423.244
201506 17,466.807 100.684 22,995.649
201509 18,781.488 100.392 24,798.490
201512 19,419.967 99.792 25,795.456
201603 19,401.975 100.470 25,597.644
201606 20,149.363 101.688 26,265.361
201609 20,747.448 101.861 26,999.078
201612 22,036.755 101.863 28,676.401
201703 21,610.888 102.862 27,848.960
201706 22,519.324 103.349 28,882.902
201709 22,992.105 104.136 29,266.561
201712 23,891.959 104.011 30,448.384
201803 22,630.841 105.290 28,491.008
201806 23,390.903 106.317 29,163.341
201809 24,010.362 106.507 29,882.296
201812 25,044.254 105.998 31,318.649
201903 24,839.945 107.251 30,700.361
201906 25,835.046 108.070 31,688.252
201909 27,174.696 108.329 33,251.446
201912 27,728.820 108.420 33,901.098
202003 28,241.236 108.902 34,374.946
202006 28,256.276 108.767 34,435.688
202009 28,494.390 109.815 34,394.601
202012 27,874.464 109.897 33,621.235
202103 28,439.071 111.754 33,732.067
202106 29,517.453 114.631 34,132.450
202109 30,653.515 115.734 35,108.346
202112 31,248.544 117.630 35,213.218
202203 30,519.151 121.301 33,350.339
202206 32,566.221 125.017 34,529.570
202209 34,751.336 125.227 36,784.719
202212 35,622.665 125.222 37,708.447
202303 35,416.884 127.348 36,864.732
202306 34,246.399 128.729 35,264.011
202309 33,338.515 129.860 34,030.216
202312 32,249.000 129.419 33,030.036
202403 30,959.257 131.776 31,141.945
202406 31,326.821 132.554 31,326.821

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


Banco Davivienda  (BOG:PFDAVVNDA) 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 Davivienda's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18800.00/30732.1
=0.61

* 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 Davivienda was 1.51. The lowest was 0.53. And the median was 1.02.


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 Davivienda Cyclically Adjusted Book per Share Related Terms

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


Banco Davivienda Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida El Dorado No. 68C - 61 Of 901, Central Tower, Bogota, COL
Banco Davivienda SA is engaged in banking services. The company's operating segment includes Personal Banking; Business; Differentiated Financial Information ALM and International. It generates maximum Interest income from the Personal Banking segment. The company's products and services include savings and investment products, corporate money market accounts and others.

Banco Davivienda Headlines

No Headlines