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CIBanco Institucion de Banca Multiple (MEX:FCFE18) Cyclically Adjusted Book per Share : MXN1.45 (As of Mar. 2024)


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What is CIBanco Institucion de Banca Multiple 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.

CIBanco Institucion de Banca Multiple's adjusted book value per share for the three months ended in Mar. 2024 was MXN1.863. 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 MXN1.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CIBanco Institucion de Banca Multiple's average Cyclically Adjusted Book Growth Rate was 12.40% 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.

As of today (2024-09-22), CIBanco Institucion de Banca Multiple's current stock price is MXN45.00. CIBanco Institucion de Banca Multiple's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN1.45. CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio of today is 31.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CIBanco Institucion de Banca Multiple was 38.17. The lowest was 28.55. And the median was 31.99.


CIBanco Institucion de Banca Multiple Cyclically Adjusted Book per Share Historical Data

The historical data trend for CIBanco Institucion de Banca Multiple'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.

CIBanco Institucion de Banca Multiple Cyclically Adjusted Book per Share Chart

CIBanco Institucion de Banca Multiple 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 - - - 1.24 1.41

CIBanco Institucion de Banca Multiple 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 1.29 1.31 1.36 1.41 1.45

Competitive Comparison of CIBanco Institucion de Banca Multiple's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, CIBanco Institucion de Banca Multiple'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.


CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio falls into.



CIBanco Institucion de Banca Multiple 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, CIBanco Institucion de Banca Multiple'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)
=1.863/152.9470*152.9470
=1.863

Current CPI (Mar. 2024) = 152.9470.

CIBanco Institucion de Banca Multiple Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.514 96.609 0.814
201409 0.537 97.652 0.841
201412 0.563 99.469 0.866
201503 0.589 99.973 0.901
201506 0.605 99.382 0.931
201509 0.614 100.112 0.938
201512 0.651 101.588 0.980
201603 0.670 102.573 0.999
201606 0.692 101.905 1.039
201609 0.705 103.084 1.046
201612 0.750 105.002 1.092
201703 0.783 108.063 1.108
201706 0.910 108.339 1.285
201709 0.938 109.628 1.309
201712 0.969 112.114 1.322
201803 1.002 113.505 1.350
201806 1.046 113.373 1.411
201809 1.087 115.130 1.444
201812 1.179 117.530 1.534
201903 1.229 118.050 1.592
201906 1.226 117.848 1.591
201909 1.265 118.581 1.632
201912 1.323 120.854 1.674
202003 1.377 121.885 1.728
202006 1.395 121.777 1.752
202009 1.407 123.341 1.745
202012 1.447 124.661 1.775
202103 1.452 127.574 1.741
202106 1.444 128.936 1.713
202109 1.463 130.742 1.711
202112 1.549 133.830 1.770
202203 1.579 137.082 1.762
202206 1.626 139.233 1.786
202209 1.641 142.116 1.766
202212 1.709 144.291 1.812
202303 1.747 146.472 1.824
202306 1.779 146.272 1.860
202309 1.759 148.446 1.812
202312 1.836 151.017 1.859
202403 1.863 152.947 1.863

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


CIBanco Institucion de Banca Multiple  (MEX:FCFE18) 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.

CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=45.00/1.45
=31.03

* 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 CIBanco Institucion de Banca Multiple was 38.17. The lowest was 28.55. And the median was 31.99.


Be Aware

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


CIBanco Institucion de Banca Multiple Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of CIBanco Institucion de Banca Multiple's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CIBanco Institucion de Banca Multiple Business Description

Traded in Other Exchanges
N/A
Address
Paseo De La Reforma 115, Piso 23, Lomas De Chapultepec, Mexico, MEX, 11000
CIBanco SA Institucion de Banca Multiple provides financial products and services. The company's services include investment management, investment services and wealth management.

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