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Grupo Financiero Galicia (Grupo Financiero Galicia) Cyclically Adjusted Book per Share : $0.08 (As of Dec. 2023)


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What is Grupo Financiero Galicia 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.

Grupo Financiero Galicia's adjusted book value per share for the three months ended in Dec. 2023 was $3.789. 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 $0.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Grupo Financiero Galicia's average Cyclically Adjusted Book Growth Rate was 95.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 83.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 73.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 56.30% 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 Grupo Financiero Galicia was 83.60% per year. The lowest was 7.30% per year. And the median was 45.85% per year.

As of today (2024-05-16), Grupo Financiero Galicia's current stock price is $0.74. Grupo Financiero Galicia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.08. Grupo Financiero Galicia's Cyclically Adjusted PB Ratio of today is 9.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Financiero Galicia was 20.84. The lowest was 2.02. And the median was 7.84.


Grupo Financiero Galicia Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Financiero Galicia'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.

Grupo Financiero Galicia Cyclically Adjusted Book per Share Chart

Grupo Financiero Galicia 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 0.17 0.19 0.21 0.22 0.08

Grupo Financiero Galicia 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 0.22 0.19 0.11 0.11 0.08

Competitive Comparison of Grupo Financiero Galicia's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Grupo Financiero Galicia'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.


Grupo Financiero Galicia's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Grupo Financiero Galicia 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, Grupo Financiero Galicia'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)
=3.789/129.4194*129.4194
=3.789

Current CPI (Dec. 2023) = 129.4194.

Grupo Financiero Galicia Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.754 99.695 0.979
201406 0.798 100.560 1.027
201409 0.855 100.428 1.102
201412 0.922 99.070 1.204
201503 0.977 99.621 1.269
201506 1.020 100.684 1.311
201509 1.083 100.392 1.396
201512 0.861 99.792 1.117
201603 0.834 100.470 1.074
201606 0.938 101.688 1.194
201609 0.958 101.861 1.217
201612 2.084 101.863 2.648
201703 1.095 102.862 1.378
201706 1.098 103.349 1.375
201709 1.424 104.136 1.770
201712 2.368 104.011 2.946
201803 1.554 105.290 1.910
201806 1.302 106.317 1.585
201809 0.961 106.507 1.168
201812 1.719 105.998 2.099
201903 1.142 107.251 1.378
201906 1.150 108.070 1.377
201909 1.057 108.329 1.263
201912 1.819 108.420 2.171
202003 1.431 108.902 1.701
202006 1.444 108.767 1.718
202009 1.463 109.815 1.724
202012 2.293 109.897 2.700
202103 1.546 111.754 1.790
202106 1.684 114.631 1.901
202109 1.848 115.734 2.067
202112 3.982 117.630 4.381
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 7.668 125.222 7.925
202303 2.609 127.348 2.651
202306 2.525 128.729 2.539
202309 2.440 129.860 2.432
202312 3.789 129.419 3.789

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


Grupo Financiero Galicia  (OTCPK:GRFGF) 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.

Grupo Financiero Galicia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.74/0.08
=9.25

* 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 Grupo Financiero Galicia was 20.84. The lowest was 2.02. And the median was 7.84.


Be Aware

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


Grupo Financiero Galicia Cyclically Adjusted Book per Share Related Terms

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


Grupo Financiero Galicia (Grupo Financiero Galicia) Business Description

Traded in Other Exchanges
Address
Tte. Gral. Juan D. Peron 430, 25th Floor, Buenos Aires, ARG, C1038 AAJ
Grupo Financiero Galicia SA is a financial service holding company. It provides general banking services, proprietary brand credit card services, personal loans, insurance, and other services. The company's operating business segments are Banks, Ecosistema Naranja X, Insurance, Adjustments, and Other Businesses. It generates maximum revenue from Banks. Geographically its operate in Argentina, Uruguay, and the majority of its revenue comes from Argentina.

Grupo Financiero Galicia (Grupo Financiero Galicia) Headlines

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