Scotiabank PeruA (LIM:SCOTIAC1) Cyclically Adjusted Book per Share: S/.13.12 (As of Dec. 2025)

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LIM:SCOTIAC1 Scotiabank Peru SAA LIM:SCOTIAC1
37 GF Score
Price S/.18.00
GF Value S/.11.49
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Scotiabank PeruA Cyclically Adjusted Book per Share?

Scotiabank PeruA LIM:SCOTIAC1 37 Cyclically Adjusted Book per Share is S/.13.12 as of Dec. 2025. GuruFocus rates LIM:SCOTIAC1 with a GF Score™ of 37/100 and a GF Value™ of S/.11.49 (Significantly Overvalued). The stock has 5 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.

Scotiabank PeruA's adjusted book value per share for the three months ended in Dec. 2025 was S/.14.235. 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 S/.13.12 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Scotiabank PeruA's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Scotiabank PeruA was 8.50% per year. The lowest was 6.50% per year. And the median was 7.50% per year.

As of today (2026-07-25), Scotiabank PeruA's current stock price is S/.18.00. Scotiabank PeruA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was S/.13.12. Scotiabank PeruA's Cyclically Adjusted PB Ratio of today is 1.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scotiabank PeruA was 3.87. The lowest was 0.72. And the median was 1.34.


Scotiabank PeruA  (LIM:SCOTIAC1) 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.

Scotiabank PeruA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.00/13.12
=1.37

* 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 Scotiabank PeruA was 3.87. The lowest was 0.72. And the median was 1.34.


Be Aware

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


Scotiabank PeruA Cyclically Adjusted Book per Share Related Terms


Scotiabank PeruA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Scotiabank PeruA'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.

Scotiabank PeruA Cyclically Adjusted Book per Share Chart

Scotiabank PeruA 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 9.90 10.85 11.93 12.65 13.12

Scotiabank PeruA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Dec25
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 12.17 12.28 12.50 12.65 13.12

LIM:SCOTIAC1 vs USB, PNC, NU: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Scotiabank PeruA'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.


Scotiabank PeruA Cyclically Adjusted PB Ratio vs Banks Industry

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

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


LIM:SCOTIAC1
37GF Score
Scotiabank Peru SAA LIM:SCOTIAC1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scotiabank PeruA 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, Scotiabank PeruA's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=14.235/324.0540*324.0540
=14.235

Current CPI (Dec. 2025) = 324.0540.

Scotiabank PeruA Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.166 238.638 8.373
201509 6.878 237.945 9.367
201512 7.582 236.525 10.388
201603 6.549 238.132 8.912
201606 6.865 241.018 9.230
201609 7.224 241.428 9.696
201612 7.563 241.432 10.151
201703 8.235 243.801 10.946
201706 8.533 244.955 11.288
201709 8.755 246.819 11.495
201712 9.954 246.524 13.084
201803 9.589 249.554 12.452
201806 9.117 251.989 11.724
201809 10.338 252.439 13.271
201812 10.711 251.233 13.816
201903 10.536 254.202 13.431
201906 11.007 256.143 13.925
201909 11.495 256.759 14.508
201912 11.907 256.974 15.015
202003 12.250 258.115 15.379
202006 0.000 257.797 0.000
202009 12.437 260.280 15.484
202012 12.082 260.474 15.031
202103 12.158 264.877 14.874
202106 12.380 271.696 14.766
202109 12.608 274.310 14.894
202112 13.043 278.802 15.160
202203 11.921 287.504 13.437
202206 12.336 296.311 13.491
202209 12.577 296.808 13.732
202212 13.149 296.797 14.357
202303 13.322 301.836 14.303
202306 13.770 305.109 14.625
202309 14.249 307.789 15.002
202312 14.053 306.746 14.846
202403 13.367 312.332 13.869
202406 13.435 314.175 13.857
202409 14.080 315.301 14.471
202412 14.452 315.605 14.839
202512 14.235 324.054 14.235

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 S/.13.12 mean?
Scotiabank PeruA (LIM:SCOTIAC1) has a Cyclically Adjusted Book per Share of S/.13.12 as of Dec. 2025. 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 Scotiabank PeruA and its competitors.
Is Scotiabank PeruA's Cyclically Adjusted Book per Share too high?
Scotiabank PeruA's current Cyclically Adjusted Book per Share is S/.13.12. Overall, Scotiabank PeruA has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scotiabank PeruA's Cyclically Adjusted Book per Share compare to USB and PNC?
Scotiabank PeruA's Cyclically Adjusted Book per Share of S/.13.12 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 Scotiabank PeruA and its competitors. Scotiabank PeruA's current Cyclically Adjusted Book per Share is S/.13.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scotiabank PeruA stock overvalued right now?
Based on GuruFocus' analysis, Scotiabank PeruA (LIM:SCOTIAC1) is currently considered Significantly Overvalued. The stock's GF Value™ is S/.11.49, compared to a current price of S/.18.00 — trading 56.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is S/.13.12. Scotiabank PeruA's overall GF Score™ is 37/100 with 5 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 Scotiabank PeruA (LIM:SCOTIAC1), the current Cyclically Adjusted Book per Share is S/.13.12 as of Dec. 2025. 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 Scotiabank PeruA (LIM:SCOTIAC1) Overvalued in 2026?

Based on GuruFocus' analysis, Scotiabank PeruA stock appears to be overvalued. The current stock price of S/.18.00 is trading 56.7% above its estimated GF Value™ of S/.11.49. GuruFocus considers Scotiabank PeruA to be Significantly Overvalued.

Key valuation signals for LIM:SCOTIAC1:

  • Cyclically Adjusted Book per Share: S/.13.12
  • GF Value™: S/.11.49 vs. price of S/.18.00 (56.7% above fair value)
  • GF Score™: 37/100 with 5 warning signs

No single metric tells the full story. See the LIM:SCOTIAC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scotiabank PeruA Business Description

Address Av. Dionisio Derteano No. 102, San Isidro, Lima, PER
Scotiabank Peru SAA is a commercial bank and a subsidiary of the Bank of Nova Scotia (Scotiabank Group), operating in Peru. It serves individual, SME, corporate, and retail clients, offering products such as savings and current accounts, credit and debit cards, personal and vehicle loans, mortgage loans, and various insurance services. The bank also provides corporate banking, trade finance, leasing, e-banking, and foreign exchange services. Scotiabank Peru operates nationwide through branches and ATMs, with its headquarters in Lima. It focuses on retail, commercial, and corporate banking sectors in the Peruvian market.
37GF Score

Get the complete analysis for LIM:SCOTIAC1

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

S/.18.00
Price
S/.11.49
GF Value