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Bancontander Chile (STU:BSA) Cyclically Adjusted Book per Share : €8.37 (As of Mar. 2024)


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What is Bancontander 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.

Bancontander Chile's adjusted book value per share for the three months ended in Mar. 2024 was €9.282. 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 €8.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bancontander Chile's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Bancontander Chile was 10.90% per year. The lowest was 5.10% per year. And the median was 7.85% per year.

As of today (2024-06-08), Bancontander Chile's current stock price is €17.60. Bancontander Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.37. Bancontander Chile's Cyclically Adjusted PB Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander Chile was 4.01. The lowest was 1.52. And the median was 2.92.


Bancontander Chile Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bancontander 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.

Bancontander Chile Cyclically Adjusted Book per Share Chart

Bancontander 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 7.36 7.58 7.42 9.08 9.01

Bancontander 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 9.96 9.67 9.27 9.01 8.37

Competitive Comparison of Bancontander Chile's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Bancontander 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.


Bancontander Chile's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bancontander 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, Bancontander 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)
=9.282/146.1089*146.1089
=9.282

Current CPI (Mar. 2024) = 146.1089.

Bancontander Chile Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.858 95.543 10.488
201409 6.797 96.883 10.251
201412 7.488 97.515 11.219
201503 8.221 98.539 12.190
201506 7.683 99.770 11.251
201509 7.110 101.383 10.247
201512 7.637 101.775 10.964
201603 7.967 102.930 11.309
201606 7.724 103.965 10.855
201609 8.018 104.521 11.208
201612 8.772 104.532 12.261
201703 8.891 105.752 12.284
201706 8.247 105.730 11.397
201709 8.311 106.035 11.452
201712 9.055 106.907 12.375
201803 9.016 107.670 12.235
201806 8.412 108.421 11.336
201809 8.486 109.369 11.337
201812 8.580 109.653 11.433
201903 9.162 110.339 12.132
201906 9.076 111.352 11.909
201909 8.920 111.821 11.655
201912 8.720 112.943 11.281
202003 7.932 114.468 10.125
202006 8.344 114.283 10.668
202009 8.378 115.275 10.619
202012 8.665 116.299 10.886
202103 8.681 117.770 10.770
202106 7.979 118.630 9.827
202109 7.373 121.431 8.871
202112 9.397 124.634 11.016
202203 9.073 128.850 10.288
202206 7.832 133.448 8.575
202209 8.572 138.101 9.069
202212 11.219 140.574 11.661
202303 9.848 143.145 10.052
202306 10.175 143.538 10.357
202309 9.195 145.172 9.254
202312 11.579 146.109 11.579
202403 9.282 146.109 9.282

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


Bancontander Chile  (STU:BSA) 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.

Bancontander Chile's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.60/8.37
=2.10

* 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 Bancontander Chile was 4.01. The lowest was 1.52. And the median was 2.92.


Be Aware

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


Bancontander Chile Cyclically Adjusted Book per Share Related Terms

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


Bancontander Chile (STU:BSA) Business Description

Industry
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

Bancontander Chile (STU:BSA) Headlines

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