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Bancontander (BUE:SAN) Cyclically Adjusted Book per Share : ARS37,145.90 (As of Mar. 2025)


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What is Bancontander 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's adjusted book value per share for the three months ended in Mar. 2025 was ARS7,770.360. 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 ARS37,145.90 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.90% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Bancontander was 19.40% per year. The lowest was -4.10% per year. And the median was 6.10% per year.

As of today (2025-05-23), Bancontander's current stock price is ARS36850.00. Bancontander's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ARS37,145.90. Bancontander's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander was 1.09. The lowest was 0.23. And the median was 0.55.


Bancontander Cyclically Adjusted Book per Share Historical Data

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

Bancontander Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,429.30 5,765.86 9,218.72 27,389.87 31,277.75

Bancontander Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 30,330.29 37,943.82 35,260.84 31,277.75 37,145.90

Competitive Comparison of Bancontander's Cyclically Adjusted Book per Share

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

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

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


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Bancontander 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's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7770.36/125.5305*125.5305
=7,770.360

Current CPI (Mar. 2025) = 125.5305.

Bancontander Quarterly Data

Book Value per Share CPI Adj_Book
201506 61.560 101.138 76.407
201509 61.487 99.559 77.527
201512 81.170 100.268 101.620
201603 92.855 98.638 118.171
201606 91.015 100.333 113.872
201609 97.319 99.737 122.488
201612 98.467 101.842 121.370
201703 98.851 100.896 122.986
201706 106.485 101.848 131.245
201709 119.860 101.524 148.203
201712 126.858 102.975 154.645
201803 140.179 102.122 172.312
201806 162.741 104.165 196.122
201809 242.377 103.818 293.067
201812 244.439 104.193 294.496
201903 257.691 103.488 312.579
201906 293.892 104.612 352.661
201909 347.900 103.905 420.308
201912 383.469 105.015 458.384
202003 381.836 103.469 463.251
202006 366.348 104.254 441.112
202009 412.921 103.521 500.713
202012 465.933 104.456 559.937
202103 510.860 104.857 611.578
202106 563.019 107.102 659.893
202109 568.943 107.669 663.328
202112 581.364 111.298 655.709
202203 616.397 115.153 671.948
202206 677.945 118.044 720.939
202209 745.639 117.221 798.495
202212 942.246 117.650 1,005.358
202303 1,164.152 118.948 1,228.577
202306 1,501.714 120.278 1,567.288
202309 2,174.842 121.343 2,249.902
202312 2,364.653 121.300 2,447.129
202403 5,609.130 122.762 5,735.621
202406 5,965.388 124.409 6,019.183
202409 6,621.576 123.121 6,751.178
202412 6,889.070 124.753 6,931.988
202503 7,770.360 125.531 7,770.360

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


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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36850.00/37145.90
=0.99

* 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 was 1.09. The lowest was 0.23. And the median was 0.55.


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 Cyclically Adjusted Book per Share Related Terms

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


Bancontander Business Description

Industry
Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's UK presence is the result of its acquisition of Abbey building society. In the US, Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.