Bancontander Chile (BSP:B1SA34) Cyclically Adjusted Book per Share: R$27.74 (As of Mar. 2026)


BSP:B1SA34 Banco Santander Chile BSP:B1SA34
70 GF Score
Price R$87.84
GF Value R$76.13
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Bancontander Chile Cyclically Adjusted Book per Share?

Bancontander Chile BSP:B1SA34 70 Cyclically Adjusted Book per Share is R$27.74 as of Mar. 2026. GuruFocus rates BSP:B1SA34 with a GF Score™ of 70/100 and a GF Value™ of R$76.13 (Modestly 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.

Bancontander Chile's adjusted book value per share for the three months ended in Mar. 2026 was R$28.819. 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 R$27.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bancontander Chile's average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Bancontander Chile was 10.90% per year. The lowest was 5.10% per year. And the median was 7.85% per year.

As of today (2026-07-12), Bancontander Chile's current stock price is R$87.84. Bancontander Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$27.74. Bancontander Chile's Cyclically Adjusted PB Ratio of today is 3.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander Chile was 4.01. The lowest was 1.52. And the median was 2.40.


Bancontander Chile  (BSP:B1SA34) 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.

Bancontander Chile's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=87.84/27.74
=3.17

* 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 Bancontander Chile was 4.01. The lowest was 1.52. And the median was 2.40.


Be Aware

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


Bancontander Chile Cyclically Adjusted Book per Share Related Terms


Bancontander Chile Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bancontander 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.

Bancontander Chile Cyclically Adjusted Book per Share Chart

Bancontander 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 24.00 25.61 24.11 28.89 30.04

Bancontander Chile Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 29.01 27.56 26.98 30.04 27.74

BSP:B1SA34 vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Bancontander 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.


Bancontander Chile Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BSP:B1SA34
70GF Score
Banco Santander Chile BSP:B1SA34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bancontander 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, Bancontander Chile's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=28.819/160.1900*160.1900
=28.819

Current CPI (Mar. 2026) = 160.1900.

Bancontander Chile Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.460 103.965 22.280
201609 14.445 104.521 22.139
201612 15.536 104.532 23.808
201703 14.885 105.752 22.547
201706 15.238 105.730 23.087
201709 15.783 106.035 23.844
201712 17.094 106.907 25.614
201803 18.260 107.670 27.167
201806 18.833 108.421 27.825
201809 19.783 109.369 28.976
201812 19.268 109.653 28.148
201903 20.222 110.339 29.358
201906 19.453 111.352 27.985
201909 20.429 111.821 29.266
201912 19.348 112.943 27.442
202003 21.565 114.468 30.179
202006 25.003 114.283 35.047
202009 27.029 115.275 37.561
202012 27.064 116.299 37.278
202103 29.360 117.770 39.935
202106 24.390 118.630 32.935
202109 23.428 121.431 30.906
202112 30.602 124.634 39.332
202203 24.511 128.850 30.473
202206 22.164 133.448 26.605
202209 23.247 138.101 26.965
202212 30.976 140.574 35.298
202303 26.843 143.145 30.039
202306 26.858 143.538 29.974
202309 24.786 145.172 27.350
202312 30.983 146.109 33.969
202403 22.690 148.551 24.468
202406 25.840 149.592 27.671
202409 26.781 151.212 28.371
202412 34.556 152.774 36.233
202503 28.842 155.783 29.658
202506 28.345 155.754 29.152
202509 27.236 157.870 27.636
202512 35.582 158.040 36.066
202603 28.819 160.190 28.819

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 R$27.74 mean?
Bancontander Chile (BSP:B1SA34) has a Cyclically Adjusted Book per Share of R$27.74 as of Mar. 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 Bancontander Chile and its competitors.
Is Bancontander Chile's Cyclically Adjusted Book per Share too high?
Bancontander Chile's current Cyclically Adjusted Book per Share is R$27.74. Overall, Bancontander Chile has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bancontander Chile's Cyclically Adjusted Book per Share compare to PNC and USB?
Bancontander Chile's Cyclically Adjusted Book per Share of R$27.74 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 Bancontander Chile and its competitors. Bancontander Chile's current Cyclically Adjusted Book per Share is R$27.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancontander Chile stock overvalued right now?
Based on GuruFocus' analysis, Bancontander Chile (BSP:B1SA34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$76.13, compared to a current price of R$87.84 — trading 15.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$27.74. Bancontander Chile's overall GF Score™ is 70/100 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 Bancontander Chile (BSP:B1SA34), the current Cyclically Adjusted Book per Share is R$27.74 as of Mar. 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 Bancontander Chile (BSP:B1SA34) Overvalued in 2026?

Based on GuruFocus' analysis, Bancontander Chile stock appears to be overvalued. The current stock price of R$87.84 is trading 15.4% above its estimated GF Value™ of R$76.13. GuruFocus considers Bancontander Chile to be Modestly Overvalued.

Key valuation signals for BSP:B1SA34:

  • Cyclically Adjusted Book per Share: R$27.74
  • GF Value™: R$76.13 vs. price of R$87.84 (15.4% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the BSP:B1SA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bancontander Chile Business Description

Address Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of Santander Group and majority-controlled by Santander Spain. It is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgages, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-size companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country, LATAM.
70GF Score

Get the complete analysis for BSP:B1SA34

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

R$87.84
Price
R$76.13
GF Value