Capital One Financial (BSP:CAON34) Cyclically Adjusted Book per Share: R$46.63 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

BSP:CAON34 Capital One Financial Corp BSP:CAON34
72 GF Score
Price R$70.07
GF Value R$52.67
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Capital One Financial Cyclically Adjusted Book per Share?

Capital One Financial BSP:CAON34 72 Cyclically Adjusted Book per Share is R$46.63 as of Jun. 2026. GuruFocus rates BSP:CAON34 with a GF Score™ of 72/100 and a GF Value™ of R$52.67 (Significantly Overvalued). The stock has 4 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.

Capital One Financial's adjusted book value per share for the three months ended in Jun. 2026 was R$59.403. 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$46.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Capital One Financial's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Capital One Financial was 31.50% per year. The lowest was 6.10% per year. And the median was 10.35% per year.

As of today (2026-09-04), Capital One Financial's current stock price is R$70.07125. Capital One Financial's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$46.63. Capital One Financial's Cyclically Adjusted PB Ratio of today is 1.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Capital One Financial was 1.68. The lowest was 0.46. And the median was 1.09.


Capital One Financial  (BSP:CAON34) 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.

Capital One Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.07125/46.63
=1.50

* 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 Capital One Financial was 1.68. The lowest was 0.46. And the median was 1.09.


Be Aware

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


Capital One Financial Cyclically Adjusted Book per Share Related Terms


Capital One Financial Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Capital One Financial'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.

Capital One Financial Cyclically Adjusted Book per Share Chart

Capital One Financial 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 39.24 39.83 40.90 56.90 51.33

Capital One Financial 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 48.33 50.47 51.33 50.20 46.63

BSP:CAON34 vs PYPL, AXP, AFRM: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Capital One Financial'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.


Capital One Financial Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Capital One Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Capital One Financial's Cyclically Adjusted PB Ratio falls into.


BSP:CAON34
72GF Score
Capital One Financial Corp BSP:CAON34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital One Financial 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, Capital One Financial'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)
=59.403/333.9520*333.9520
=59.403

Current CPI (Jun. 2026) = 333.9520.

Capital One Financial Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.038 241.428 27.717
201612 20.742 241.432 28.691
201703 19.451 243.801 26.643
201706 20.923 244.955 28.525
201709 20.270 246.819 27.426
201712 20.669 246.524 27.999
201803 20.753 249.554 27.772
201806 24.595 251.989 32.595
201809 27.453 252.439 36.318
201812 26.812 251.233 35.640
201903 27.338 254.202 35.915
201906 28.573 256.143 37.253
201909 32.195 256.759 41.874
201912 32.595 256.974 42.359
202003 38.117 258.115 49.316
202006 39.826 257.797 51.591
202009 43.109 260.280 55.311
202012 42.177 260.474 54.075
202103 47.176 264.877 59.479
202106 45.527 271.696 55.959
202109 48.712 274.310 59.303
202112 52.118 278.802 62.427
202203 43.923 287.504 51.019
202206 43.901 296.311 49.478
202209 43.637 296.808 49.098
202212 45.207 296.797 50.866
202303 46.571 301.836 51.526
202306 43.390 305.109 47.492
202309 43.480 307.789 47.176
202312 46.765 306.746 50.913
202403 47.086 312.332 50.345
202406 51.114 314.175 54.332
202409 57.087 315.301 60.464
202412 60.797 315.605 64.331
202503 59.713 319.799 62.356
202506 60.137 322.561 62.261
202509 60.007 324.800 61.698
202512 61.975 324.054 63.868
202603 59.580 330.213 60.255
202606 59.403 333.952 59.403

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$46.63 mean?
Capital One Financial (BSP:CAON34) has a Cyclically Adjusted Book per Share of R$46.63 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 Capital One Financial and its competitors.
Is Capital One Financial's Cyclically Adjusted Book per Share too high?
Capital One Financial's current Cyclically Adjusted Book per Share is R$46.63. Overall, Capital One Financial has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital One Financial's Cyclically Adjusted Book per Share compare to PYPL and AXP?
Capital One Financial's Cyclically Adjusted Book per Share of R$46.63 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 Capital One Financial and its competitors. Capital One Financial's current Cyclically Adjusted Book per Share is R$46.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital One Financial stock overvalued right now?
Based on GuruFocus' analysis, Capital One Financial (BSP:CAON34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$52.67, compared to a current price of R$70.07 — trading 33% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$46.63. Capital One Financial's overall GF Score™ is 72/100 with 4 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 Capital One Financial (BSP:CAON34), the current Cyclically Adjusted Book per Share is R$46.63 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 Capital One Financial (BSP:CAON34) Overvalued in 2026?

Based on GuruFocus' analysis, Capital One Financial stock appears to be overvalued. The current stock price of R$70.07 is trading 33% above its estimated GF Value™ of R$52.67. GuruFocus considers Capital One Financial to be Significantly Overvalued.

Key valuation signals for BSP:CAON34:

  • Cyclically Adjusted Book per Share: R$46.63
  • GF Value™: R$52.67 vs. price of R$70.07 (33% above fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the BSP:CAON34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital One Financial Business Description

Address 1680 Capital One Drive, McLean, VA, USA, 22102
Capital One Financial is a diversified financial-services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial's credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending. Following the acquisition of Discover in 2025, the firm also has a modest personal loan business, though credit card lending provides the majority of the bank's revenue.
72GF Score

Get the complete analysis for BSP:CAON34

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

R$70.07
Price
R$52.67
GF Value