GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (FRA:G4RA) » Definitions » Cyclically Adjusted Book per Share

Banco De Chile (FRA:G4RA) Cyclically Adjusted Book per Share : €8.09 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Banco De Chile 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 De Chile's adjusted book value per share for the three months ended in Mar. 2024 was €10.763. 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 €8.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco De Chile's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 De Chile was 13.40% per year. The lowest was 8.40% per year. And the median was 11.10% per year.

As of today (2024-06-20), Banco De Chile's current stock price is €21.00. Banco De Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.09. Banco De Chile's Cyclically Adjusted PB Ratio of today is 2.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco De Chile was 4.70. The lowest was 1.84. And the median was 3.37.


Banco De Chile Cyclically Adjusted Book per Share Historical Data

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

Banco De Chile 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 6.27 6.80 6.92 8.75 8.69

Banco De Chile Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.49 9.47 8.95 8.69 8.09

Competitive Comparison of Banco De Chile's Cyclically Adjusted Book per Share

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

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

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



Banco De Chile 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 De Chile's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.763/146.1089*146.1089
=10.763

Current CPI (Mar. 2024) = 146.1089.

Banco De Chile Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.090 95.543 9.313
201409 5.924 96.883 8.934
201412 7.322 97.515 10.971
201503 7.021 98.539 10.410
201506 6.902 99.770 10.108
201509 6.397 101.383 9.219
201512 7.816 101.775 11.221
201603 6.965 102.930 9.887
201606 7.122 103.965 10.009
201609 7.315 104.521 10.226
201612 8.972 104.532 12.541
201703 7.802 105.752 10.779
201706 7.848 105.730 10.845
201709 7.699 106.035 10.609
201712 9.369 106.907 12.805
201803 8.179 107.670 11.099
201806 8.232 108.421 11.093
201809 8.268 109.369 11.045
201812 9.190 109.653 12.245
201903 8.492 110.339 11.245
201906 8.744 111.352 11.473
201909 8.482 111.821 11.083
201912 9.346 112.943 12.090
202003 7.518 114.468 9.596
202006 7.708 114.283 9.855
202009 7.781 115.275 9.862
202012 8.924 116.299 11.211
202103 8.678 117.770 10.766
202106 8.791 118.630 10.827
202109 8.464 121.431 10.184
202112 9.747 124.634 11.426
202203 9.592 128.850 10.877
202206 9.012 133.448 9.867
202209 9.700 138.101 10.262
202212 11.708 140.574 12.169
202303 11.018 143.145 11.246
202306 11.092 143.538 11.291
202309 10.282 145.172 10.348
202312 12.649 146.109 12.649
202403 10.763 146.109 10.763

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


Banco De Chile  (FRA:G4RA) 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 De Chile's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.00/8.09
=2.60

* 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 De Chile was 4.70. The lowest was 1.84. And the median was 3.37.


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 De Chile Cyclically Adjusted Book per Share Related Terms

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


Banco De Chile (FRA:G4RA) Business Description

Industry
Traded in Other Exchanges
Address
Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile (FRA:G4RA) Headlines

No Headlines