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Banco Bilbao Vizcaya Argentaria (XMAD:BBVA) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Book per Share?

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.

Banco Bilbao Vizcaya Argentaria's adjusted book value per share for the three months ended in Mar. 2024 was €8.908. 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 Mar. 2024.

During the past 12 months, Banco Bilbao Vizcaya Argentaria's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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 Banco Bilbao Vizcaya Argentaria was 16.30% per year. The lowest was -1.20% per year. And the median was 4.60% per year.

As of today (2024-04-30), Banco Bilbao Vizcaya Argentaria's current stock price is €10.90. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Bilbao Vizcaya Argentaria was 1.36. The lowest was 0.29. And the median was 0.78.


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco Bilbao Vizcaya Argentaria'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.

Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Book per Share Chart

Banco Bilbao Vizcaya Argentaria 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 7.96 7.67 7.95 8.23 8.38

Banco Bilbao Vizcaya Argentaria 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 8.28 8.34 8.38 8.38 -

Competitive Comparison of Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted Book per Share

For the Banks - Diversified subindustry, Banco Bilbao Vizcaya Argentaria'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.


Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Banco Bilbao Vizcaya Argentaria's Cyclically Adjusted PB Ratio falls into.



Banco Bilbao Vizcaya Argentaria 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, Banco Bilbao Vizcaya Argentaria'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)
=8.908/121.2698*121.2698
=8.908

Current CPI (Mar. 2024) = 121.2698.

Banco Bilbao Vizcaya Argentaria Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.613 101.081 9.134
201409 7.837 100.441 9.462
201412 8.010 100.251 9.689
201503 8.195 99.474 9.991
201506 7.824 101.138 9.381
201509 7.348 99.559 8.950
201512 7.474 100.268 9.039
201603 7.201 98.638 8.853
201606 7.352 100.333 8.886
201609 7.372 99.737 8.964
201612 7.221 101.842 8.598
201703 7.213 100.896 8.670
201706 7.181 101.848 8.550
201709 7.106 101.524 8.488
201712 6.964 102.975 8.201
201803 6.797 102.122 8.071
201806 6.875 104.165 8.004
201809 6.912 103.818 8.074
201812 7.115 104.193 8.281
201903 7.202 103.488 8.439
201906 7.326 104.612 8.493
201909 7.608 103.905 8.879
201912 7.321 105.015 8.454
202003 6.457 103.469 7.568
202006 6.556 104.254 7.626
202009 6.479 103.521 7.590
202012 6.695 104.456 7.773
202103 6.804 104.857 7.869
202106 6.684 107.102 7.568
202109 6.756 107.669 7.609
202112 6.713 111.298 7.314
202203 6.758 115.153 7.117
202206 7.115 118.044 7.309
202209 7.682 117.221 7.947
202212 7.784 117.650 8.023
202303 7.949 118.948 8.104
202306 8.222 120.278 8.290
202309 8.349 121.343 8.344
202312 8.856 121.270 8.856
202403 8.908 121.270 8.908

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


Banco Bilbao Vizcaya Argentaria  (XMAD:BBVA) 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 Banco Bilbao Vizcaya Argentaria was 1.36. The lowest was 0.29. And the median was 0.78.


Be Aware

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


Banco Bilbao Vizcaya Argentaria Cyclically Adjusted Book per Share Related Terms

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


Banco Bilbao Vizcaya Argentaria (XMAD:BBVA) Business Description

Address
Calle Azul, 4, Madrid, ESP, 28050
Despite its Spanish origins, BBVA generates only around a quarter of its profits in Spain. We expect that on a normalised basis, BBVA's market-leading Mexican bank should contribute half of its earnings, while its Turkish operation should account for another 15%. The balance of BBVA's earnings comes from smaller operations in South America. BBVA is overwhelmingly a retail and commercial bank, with corporate and investment banking forming a minor part of the overall business. BBVA also offers insurance and investment products through its banking networks.