Bancontander (XBUL:BSD2) Cyclically Adjusted Book per Share: €0.00 (As of Jun. 2026)

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XBUL:BSD2 Banco Santander SA XBUL:BSD2
48 GF Score
Price €11.81
GF Value €5.32
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Bancontander Cyclically Adjusted Book per Share?

Bancontander XBUL:BSD2 48 Cyclically Adjusted Book per Share is €0.00 as of Jun. 2026. GuruFocus rates XBUL:BSD2 with a GF Score™ of 48/100 and a GF Value™ of €5.32 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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's adjusted book value per share for the three months ended in Jun. 2026 was €7.580. 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 €0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bancontander's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.60% 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 was 19.40% per year. The lowest was -4.10% per year. And the median was 6.10% per year.

As of today (2026-07-24), Bancontander's current stock price is €11.808. Bancontander's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.00. Bancontander's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander was 1.86. The lowest was 0.23. And the median was 0.56.


Bancontander  (XBUL:BSD2) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bancontander was 1.86. The lowest was 0.23. And the median was 0.56.


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 Cyclically Adjusted Book per Share Related Terms


Bancontander Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bancontander'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.

Bancontander Cyclically Adjusted Book per Share Chart

Bancontander 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 0.00 0.00 0.00 0.00 5.66

Bancontander Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 6.00 5.66 6.96 0.00

XBUL:BSD2 vs JPM, BAC, WFC: Cyclically Adjusted Book per Share Comparison

For the Banks - Diversified subindustry, Bancontander'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 Cyclically Adjusted PB Ratio vs Banks Industry

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

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


XBUL:BSD2
48GF Score
Banco Santander SA XBUL:BSD2
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bancontander 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's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.58/130.5100*130.5100
=7.580

Current CPI (Jun. 2026) = 130.5100.

Bancontander Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.813 99.737 7.607
201612 5.888 101.842 7.545
201703 5.995 100.896 7.755
201706 5.748 101.848 7.366
201709 5.739 101.524 7.378
201712 5.614 102.975 7.115
201803 5.642 102.122 7.210
201806 5.586 104.165 6.999
201809 5.645 103.818 7.096
201812 5.698 104.193 7.137
201903 5.834 103.488 7.357
201906 5.821 104.612 7.262
201909 5.648 103.905 7.094
201912 5.774 105.015 7.176
202003 5.567 103.469 7.022
202006 4.752 104.254 5.949
202009 4.722 103.521 5.953
202012 4.706 104.456 5.880
202103 4.764 104.857 5.929
202106 4.933 107.102 6.011
202109 4.946 107.669 5.995
202112 5.095 111.298 5.974
202203 5.213 115.153 5.908
202206 5.330 118.044 5.893
202209 5.420 117.221 6.034
202212 5.306 117.650 5.886
202303 5.504 118.948 6.039
202306 5.775 120.278 6.266
202309 5.823 121.343 6.263
202312 6.007 121.300 6.463
202403 6.125 122.762 6.512
202406 6.189 124.409 6.493
202409 6.277 123.121 6.654
202412 6.514 124.753 6.815
202503 6.742 125.531 7.009
202506 6.752 127.251 6.925
202509 6.821 126.840 7.018
202512 7.029 128.400 7.145
202603 7.350 129.860 7.387
202606 7.580 130.510 7.580

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 €0.00 mean?
Bancontander (XBUL:BSD2) has a Cyclically Adjusted Book per Share of €0.00 as of Jun. 2026. 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 Bancontander and its competitors.
Is Bancontander's Cyclically Adjusted Book per Share too high?
Bancontander's current Cyclically Adjusted Book per Share is €0.00. Overall, Bancontander has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bancontander's Cyclically Adjusted Book per Share compare to JPM and BAC?
Bancontander's Cyclically Adjusted Book per Share of €0.00 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 Bancontander and its competitors. Bancontander's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bancontander stock overvalued right now?
Based on GuruFocus' analysis, Bancontander (XBUL:BSD2) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.32, compared to a current price of €11.81 — trading 122% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Bancontander's overall GF Score™ is 48/100 with 7 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 Bancontander (XBUL:BSD2), the current Cyclically Adjusted Book per Share is €0.00 as of Jun. 2026. 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 Bancontander (XBUL:BSD2) Overvalued in 2026?

Based on GuruFocus' analysis, Bancontander stock appears to be overvalued. The current stock price of €11.81 is trading 122% above its estimated GF Value™ of €5.32. GuruFocus considers Bancontander to be Significantly Overvalued.

Key valuation signals for XBUL:BSD2:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €5.32 vs. price of €11.81 (122% above fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the XBUL:BSD2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bancontander Business Description

Address Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's UK presence is the result of its acquisition of Abbey building society. In the US, Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.
48GF Score

Get the complete analysis for XBUL:BSD2

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

€11.81
Price
€5.32
GF Value