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Bancontander Argentina (BUE:BRIO6) Cyclically Adjusted Book per Share : ARS44.69 (As of Dec. 2023)


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What is Bancontander Argentina 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.

Bancontander Argentina's adjusted book value per share for the three months ended in Dec. 2023 was ARS338.915. 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 ARS44.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bancontander Argentina's average Cyclically Adjusted Book Growth Rate was 80.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 80.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 68.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 35.40% 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 Argentina was 80.60% per year. The lowest was -4.70% per year. And the median was 42.55% per year.

As of today (2024-05-05), Bancontander Argentina's current stock price is ARS32.00. Bancontander Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS44.69. Bancontander Argentina's Cyclically Adjusted PB Ratio of today is 0.72.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander Argentina was 11.34. The lowest was 0.72. And the median was 3.09.


Bancontander Argentina Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bancontander Argentina'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.

Bancontander Argentina Cyclically Adjusted Book per Share Chart

Bancontander Argentina 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 4.79 7.94 12.92 24.78 44.69

Bancontander Argentina 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 24.78 28.10 31.76 36.80 44.69

Competitive Comparison of Bancontander Argentina's Cyclically Adjusted Book per Share

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

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

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



Bancontander Argentina 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 Argentina'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)
=338.915/129.4194*129.4194
=338.915

Current CPI (Dec. 2023) = 129.4194.

Bancontander Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.247 99.695 2.917
201406 2.393 100.560 3.080
201409 2.583 100.428 3.329
201412 2.771 99.070 3.620
201503 2.970 99.621 3.858
201506 3.180 100.684 4.088
201509 3.412 100.392 4.399
201512 3.746 99.792 4.858
201603 3.940 100.470 5.075
201606 4.256 101.688 5.417
201609 4.563 101.861 5.798
201612 5.122 101.863 6.508
201703 5.301 102.862 6.670
201706 5.591 103.349 7.001
201709 5.518 104.136 6.858
201712 6.861 104.011 8.537
201803 7.046 105.290 8.661
201806 7.558 106.317 9.200
201809 9.229 106.507 11.214
201812 22.274 105.998 27.196
201903 11.464 107.251 13.834
201906 12.719 108.070 15.232
201909 13.234 108.329 15.810
201912 23.433 108.420 27.972
202003 18.754 108.902 22.287
202006 21.696 108.767 25.816
202009 24.404 109.815 28.761
202012 41.416 109.897 48.773
202103 31.126 111.754 36.046
202106 34.106 114.631 38.506
202109 38.048 115.734 42.547
202112 83.643 117.630 92.026
202203 51.109 121.301 54.530
202206 64.057 125.017 66.313
202209 80.727 125.227 83.430
202212 302.198 125.222 312.328
202303 123.862 127.348 125.877
202306 142.590 128.729 143.355
202309 201.715 129.860 201.031
202312 338.915 129.419 338.915

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


Bancontander Argentina  (BUE:BRIO6) 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 Argentina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.00/44.69
=0.72

* 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 Argentina was 11.34. The lowest was 0.72. And the median was 3.09.


Be Aware

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


Bancontander Argentina Cyclically Adjusted Book per Share Related Terms

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


Bancontander Argentina (BUE:BRIO6) Business Description

Traded in Other Exchanges
N/A
Address
Bartolomé Mitre 480, Buenos Aires, ARG, 1036
Banco Santander Argentina SA Formerly Banco Santander Rio SA is a commercial bank and financial services company. It provides various banking products and services to individual and business customers, and small and medium-sized enterprises. The company offers savings and various accounts; and cards, insurance, and private banking services. It also provides collection and payment, foreign trade, investment, cash management and mutual fund, and transactional services. In addition, the company offers financing, treasury, investment banking, custody, and international and online banking services.

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