Credicorp (FRA:D8V) Cyclically Adjusted Book per Share: €102.41 (As of Jun. 2026)

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FRA:D8V Credicorp Ltd FRA:D8V
78 GF Score
Price €328.00
GF Value €196.87
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Credicorp Cyclically Adjusted Book per Share?

Credicorp FRA:D8V +1.86% 78 Cyclically Adjusted Book per Share is €102.41 as of Jun. 2026. GuruFocus rates FRA:D8V with a GF Score™ of 78/100 and a GF Value™ of €196.87 (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.

Credicorp's adjusted book value per share for the three months ended in Jun. 2026 was €123.517. 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 €102.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Credicorp's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.40% 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 Credicorp was 17.50% per year. The lowest was 9.30% per year. And the median was 13.95% per year.

As of today (2026-09-05), Credicorp's current stock price is €328.00. Credicorp's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €102.41. Credicorp's Cyclically Adjusted PB Ratio of today is 3.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Credicorp was 5.20. The lowest was 1.28. And the median was 2.25.


Credicorp  (FRA:D8V) 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.

Credicorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=328.00/102.41
=3.20

* 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 Credicorp was 5.20. The lowest was 1.28. And the median was 2.25.


Be Aware

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


Credicorp Cyclically Adjusted Book per Share Related Terms


Credicorp Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Credicorp'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.

Credicorp Cyclically Adjusted Book per Share Chart

Credicorp 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 65.44 78.22 87.11 98.57 97.34

Credicorp 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 93.82 96.09 97.34 101.12 102.41

FRA:D8V vs CFG, RF, FCNCA: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Credicorp'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.


Credicorp Cyclically Adjusted PB Ratio vs Banks Industry

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

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


FRA:D8V
78GF Score
Credicorp Ltd FRA:D8V
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credicorp 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, Credicorp'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)
=123.517/333.9520*333.9520
=123.517

Current CPI (Jun. 2026) = 333.9520.

Credicorp Quarterly Data

Book Value per Share CPI Adj_Book
201609 61.902 241.428 85.625
201612 63.648 241.432 88.039
201703 63.790 243.801 87.378
201706 67.110 244.955 91.492
201709 70.861 246.819 95.877
201712 70.438 246.524 95.418
201803 68.756 249.554 92.009
201806 70.618 251.989 93.588
201809 74.221 252.439 98.187
201812 77.163 251.233 102.569
201903 76.434 254.202 100.413
201906 70.618 256.143 92.070
201909 83.882 256.759 109.101
201912 84.648 256.974 110.005
202003 74.865 258.115 96.861
202006 75.818 257.797 98.215
202009 76.461 260.280 98.103
202012 80.776 260.474 103.562
202103 79.137 264.877 99.774
202106 81.141 271.696 99.734
202109 81.526 274.310 99.252
202112 85.066 278.802 101.893
202203 79.377 287.504 92.201
202206 84.687 296.311 95.445
202209 87.709 296.808 98.685
202212 93.838 296.797 105.585
202303 98.273 301.836 108.729
202306 97.150 305.109 106.334
202309 101.163 307.789 109.762
202312 105.070 306.746 114.389
202403 109.611 312.332 117.198
202406 105.172 314.175 111.792
202409 108.400 315.301 114.812
202412 111.260 315.605 117.728
202503 116.211 319.799 121.354
202506 111.723 322.561 115.668
202509 118.537 324.800 121.877
202512 124.392 324.054 128.191
202603 129.614 330.213 131.082
202606 123.517 333.952 123.517

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 €102.41 mean?
Credicorp (FRA:D8V) has a Cyclically Adjusted Book per Share of €102.41 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 Credicorp and its competitors.
Is Credicorp's Cyclically Adjusted Book per Share too high?
Credicorp's current Cyclically Adjusted Book per Share is €102.41. Overall, Credicorp has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credicorp's Cyclically Adjusted Book per Share compare to CFG and RF?
Credicorp's Cyclically Adjusted Book per Share of €102.41 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 Credicorp and its competitors. Credicorp's current Cyclically Adjusted Book per Share is €102.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credicorp stock overvalued right now?
Based on GuruFocus' analysis, Credicorp (FRA:D8V) is currently considered Significantly Overvalued. The stock's GF Value™ is €196.87, compared to a current price of €328.00 — trading 66.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is €102.41. Credicorp's overall GF Score™ is 78/100 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 Credicorp (FRA:D8V), the current Cyclically Adjusted Book per Share is €102.41 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 Credicorp (FRA:D8V) Overvalued in 2026?

Based on GuruFocus' analysis, Credicorp stock appears to be overvalued. The current stock price of €328.00 is trading 66.6% above its estimated GF Value™ of €196.87. GuruFocus considers Credicorp to be Significantly Overvalued.

Key valuation signals for FRA:D8V:

  • Cyclically Adjusted Book per Share: €102.41
  • GF Value™: €196.87 vs. price of €328.00 (66.6% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the FRA:D8V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Credicorp Business Description

Address Calle Centenario 156, La Molina, Lima, PER, 15026
Credicorp Ltd is a Peruvian financial services company. The company operates in four business lines, including Universal Banking, Insurance and Retirement, Microfinance, and Investment Banking and Asset Management. Its subsidiaries include Banco de Credito del Peru, Prima AFP, Credicorp Capital, and others. Geographically, the company operates in Peru, Colombia, Bolivia, Chile, Panama, the USA, and Mexico; the majority of its revenue is generated from Peru.
78GF Score

Get the complete analysis for FRA:D8V

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

€328.00
Price
€196.87
GF Value