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Banco Hipotecario (BUE:BHIP) Cyclically Adjusted Book per Share : ARS19.75 (As of Dec. 2023)


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What is Banco Hipotecario 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 Hipotecario's adjusted book value per share for the three months ended in Dec. 2023 was ARS140.128. 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 ARS19.75 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Hipotecario's average Cyclically Adjusted Book Growth Rate was 69.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 54.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 39.50% 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 Hipotecario was 54.60% per year. The lowest was 21.70% per year. And the median was 32.05% per year.

As of today (2024-05-01), Banco Hipotecario's current stock price is ARS408.00. Banco Hipotecario's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS19.75. Banco Hipotecario's Cyclically Adjusted PB Ratio of today is 20.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Hipotecario was 18.86. The lowest was 0.94. And the median was 2.40.


Banco Hipotecario Cyclically Adjusted Book per Share Historical Data

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

Banco Hipotecario 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 4.33 5.35 7.23 11.64 19.75

Banco Hipotecario Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.64 12.84 14.32 16.30 19.75

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

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

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

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



Banco Hipotecario 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 Hipotecario's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=140.128/129.4194*129.4194
=140.128

Current CPI (Dec. 2023) = 129.4194.

Banco Hipotecario Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.767 99.695 3.592
201406 0.000 100.560 0.000
201409 2.973 100.428 3.831
201412 3.005 99.070 3.926
201503 3.096 99.621 4.022
201506 3.212 100.684 4.129
201509 3.361 100.392 4.333
201512 3.718 99.792 4.822
201603 3.875 100.470 4.992
201606 3.877 101.688 4.934
201609 3.947 101.861 5.015
201612 4.373 101.863 5.556
201703 4.206 102.862 5.292
201706 4.454 103.349 5.578
201709 4.778 104.136 5.938
201712 5.431 104.011 6.758
201803 5.762 105.290 7.083
201806 5.953 106.317 7.247
201809 6.319 106.507 7.678
201812 13.971 105.998 17.058
201903 6.758 107.251 8.155
201906 7.008 108.070 8.392
201909 7.718 108.329 9.221
201912 11.284 108.420 13.470
202003 8.596 108.902 10.216
202006 9.463 108.767 11.260
202009 10.093 109.815 11.895
202012 17.613 109.897 20.742
202103 12.097 111.754 14.009
202106 12.680 114.631 14.316
202109 13.111 115.734 14.661
202112 28.852 117.630 31.744
202203 17.971 121.301 19.174
202206 21.991 125.017 22.765
202209 27.242 125.227 28.154
202212 102.418 125.222 105.851
202303 42.473 127.348 43.164
202306 55.251 128.729 55.547
202309 75.781 129.860 75.524
202312 140.128 129.419 140.128

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


Banco Hipotecario  (BUE:BHIP) 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 Hipotecario's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=408.00/19.75
=20.66

* 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 Hipotecario was 18.86. The lowest was 0.94. 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.


Banco Hipotecario Cyclically Adjusted Book per Share Related Terms

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


Banco Hipotecario (BUE:BHIP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Reconquista 151, Buenos Aires, ARG
Banco Hipotecario SA acts as a banking corporation based in Argentina. The company's operating segment includes Finance, Wholesale Banking, Retail Banking, and Others. Retail Banking segment includes loans granted and other credit products, such as deposit taking from individuals. The Wholesale Banking segment encompasses corporate and financial advice, as well as asset management and loans to large customers. It generates maximum revenue from the Retail banking segment. Some of its product include mortgage credits, personal loans, insurance, cash management, and others. Geographically, it operates only in Argentina.

Banco Hipotecario (BUE:BHIP) Headlines

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