Banco BBVA Argentina (FRA:BFP) Cyclically Adjusted Book per Share: €2.82 (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.

FRA:BFP Banco BBVA Argentina SA FRA:BFP
70 GF Score
Price €12.70
GF Value €8.20
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Banco BBVA Argentina Cyclically Adjusted Book per Share?

Banco BBVA Argentina FRA:BFP +6.72% 70 Cyclically Adjusted Book per Share is €2.82 as of Jun. 2026. GuruFocus rates FRA:BFP with a GF Score™ of 70/100 and a GF Value™ of €8.20 (Significantly Overvalued). The stock has 3 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.

Banco BBVA Argentina's adjusted book value per share for the three months ended in Jun. 2026 was €12.016. 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 €2.82 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Banco BBVA Argentina's average Cyclically Adjusted Book Growth Rate was 61.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 99.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 96.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 65.60% 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 Banco BBVA Argentina was 110.30% per year. The lowest was 0.90% per year. And the median was 35.70% per year.

As of today (2026-09-02), Banco BBVA Argentina's current stock price is €12.70. Banco BBVA Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.82. Banco BBVA Argentina's Cyclically Adjusted PB Ratio of today is 4.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco BBVA Argentina was 11.91. The lowest was 1.89. And the median was 5.37.


Banco BBVA Argentina  (FRA:BFP) 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 BBVA Argentina's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12.70/2.82
=4.50

* 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 Banco BBVA Argentina was 11.91. The lowest was 1.89. And the median was 5.37.


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 BBVA Argentina Cyclically Adjusted Book per Share Related Terms


Banco BBVA Argentina Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Banco BBVA 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.

Banco BBVA Argentina Cyclically Adjusted Book per Share Chart

Banco BBVA Argentina 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 1.14 1.26 0.99 1.95 2.24

Banco BBVA Argentina 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 2.27 2.08 2.24 2.33 2.82

FRA:BFP vs USB, PNC: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Banco BBVA 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.


Banco BBVA Argentina Cyclically Adjusted PB Ratio vs Banks Industry

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

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


FRA:BFP
70GF Score
Banco BBVA Argentina SA FRA:BFP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco BBVA 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, Banco BBVA Argentina'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)
=12.016/333.9520*333.9520
=12.016

Current CPI (Jun. 2026) = 333.9520.

Banco BBVA Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.187 241.428 7.175
201612 12.435 241.432 17.200
201703 5.690 243.801 7.794
201706 4.980 244.955 6.789
201709 5.776 246.819 7.815
201712 10.631 246.524 14.401
201803 0.000 249.554 0.000
201806 5.523 251.989 7.319
201809 4.071 252.439 5.386
201812 7.992 251.233 10.623
201903 4.919 254.202 6.462
201906 4.731 256.143 6.168
201909 4.460 256.759 5.801
201912 8.306 256.974 10.794
202003 6.214 258.115 8.040
202006 5.911 257.797 7.657
202009 5.861 260.280 7.520
202012 8.389 260.474 10.755
202103 5.366 264.877 6.765
202106 5.588 271.696 6.868
202109 6.194 274.310 7.541
202112 13.356 278.802 15.998
202203 7.890 287.504 9.165
202206 8.848 296.311 9.972
202209 10.576 296.808 11.900
202212 30.564 296.797 34.390
202303 10.491 301.836 11.607
202306 10.518 305.109 11.512
202309 9.872 307.789 10.711
202312 37.831 306.746 41.186
202403 11.220 312.332 11.997
202406 10.544 314.175 11.208
202409 10.926 315.301 11.572
202412 15.675 315.605 16.586
202503 11.762 319.799 12.283
202506 10.294 322.561 10.658
202509 8.971 324.800 9.224
202512 9.888 324.054 10.190
202603 11.798 330.213 11.932
202606 12.016 333.952 12.016

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 €2.82 mean?
Banco BBVA Argentina (FRA:BFP) has a Cyclically Adjusted Book per Share of €2.82 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 Banco BBVA Argentina and its competitors.
Is Banco BBVA Argentina's Cyclically Adjusted Book per Share too high?
Banco BBVA Argentina's current Cyclically Adjusted Book per Share is €2.82. Overall, Banco BBVA Argentina has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco BBVA Argentina's Cyclically Adjusted Book per Share compare to USB and PNC?
Banco BBVA Argentina's Cyclically Adjusted Book per Share of €2.82 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 Banco BBVA Argentina and its competitors. Banco BBVA Argentina's current Cyclically Adjusted Book per Share is €2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BBVA Argentina stock overvalued right now?
Based on GuruFocus' analysis, Banco BBVA Argentina (FRA:BFP) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.20, compared to a current price of €12.70 — trading 54.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is €2.82. Banco BBVA Argentina's overall GF Score™ is 70/100 with 3 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 Banco BBVA Argentina (FRA:BFP), the current Cyclically Adjusted Book per Share is €2.82 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 Banco BBVA Argentina (FRA:BFP) Overvalued in 2026?

Based on GuruFocus' analysis, Banco BBVA Argentina stock appears to be overvalued. The current stock price of €12.70 is trading 54.9% above its estimated GF Value™ of €8.20. GuruFocus considers Banco BBVA Argentina to be Significantly Overvalued.

Key valuation signals for FRA:BFP:

  • Cyclically Adjusted Book per Share: €2.82
  • GF Value™: €8.20 vs. price of €12.70 (54.9% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Banco BBVA Argentina Business Description

Address Avenue Cordoba 111, 31st floor, Buenos Aires, ARG, C1054AAA
Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. It bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, and the small and medium-sized companies segment focuses on foreign trade, agricultural business, and digital products.
70GF Score

Get the complete analysis for FRA:BFP

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

€12.70
Price
€8.20
GF Value