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Grupo BanDelta Holding (XPTY:GBHC) Cyclically Adjusted Book per Share : $15.68 (As of Dec. 2023)


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What is Grupo BanDelta Holding 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.

Grupo BanDelta Holding's adjusted book value per share for the three months ended in Dec. 2023 was $8.029. 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 $15.68 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Grupo BanDelta Holding's 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.

As of today (2024-06-18), Grupo BanDelta Holding's current stock price is $18.00. Grupo BanDelta Holding's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.68. Grupo BanDelta Holding's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo BanDelta Holding was 1.46. The lowest was 1.11. And the median was 1.13.


Grupo BanDelta Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo BanDelta Holding'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.

Grupo BanDelta Holding Cyclically Adjusted Book per Share Chart

Grupo BanDelta Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 14.38 15.92 16.00

Grupo BanDelta Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.86 15.93 16.00 15.94 15.68

Competitive Comparison of Grupo BanDelta Holding's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Grupo BanDelta Holding'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.


Grupo BanDelta Holding's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Grupo BanDelta Holding 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, Grupo BanDelta Holding's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.029/129.4194*129.4194
=8.029

Current CPI (Dec. 2023) = 129.4194.

Grupo BanDelta Holding Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.163 99.695 13.193
201406 11.238 100.560 14.463
201409 11.807 100.428 15.215
201412 11.857 99.070 15.489
201503 12.684 99.621 16.478
201506 12.754 100.684 16.394
201509 13.108 100.392 16.898
201512 12.408 99.792 16.092
201603 12.861 100.470 16.567
201606 13.789 101.688 17.549
201609 14.020 101.861 17.813
201612 0.000 101.863 0.000
201703 14.757 102.862 18.567
201706 15.495 103.349 19.404
201709 15.562 104.136 19.340
201712 15.764 104.011 19.615
201803 16.023 105.290 19.695
201806 16.434 106.317 20.005
201809 13.521 106.507 16.430
201812 0.000 105.998 0.000
201903 14.065 107.251 16.972
201906 15.215 108.070 18.221
201909 14.692 108.329 17.552
201912 14.743 108.420 17.598
202003 13.934 108.902 16.559
202006 15.713 108.767 18.696
202009 16.012 109.815 18.871
202012 15.914 109.897 18.741
202103 15.271 111.754 17.685
202106 16.238 114.631 18.333
202109 16.018 115.734 17.912
202112 12.413 117.630 13.657
202203 10.684 121.301 11.399
202206 10.518 125.017 10.888
202209 9.552 125.227 9.872
202212 9.137 125.222 9.443
202303 8.699 127.348 8.841
202306 8.761 128.729 8.808
202309 8.454 129.860 8.425
202312 8.029 129.419 8.029

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


Grupo BanDelta Holding  (XPTY:GBHC) 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.

Grupo BanDelta Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.00/15.68
=1.15

* 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 Grupo BanDelta Holding was 1.46. The lowest was 1.11. And the median was 1.13.


Be Aware

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


Grupo BanDelta Holding Cyclically Adjusted Book per Share Related Terms

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


Grupo BanDelta Holding (XPTY:GBHC) Business Description

Traded in Other Exchanges
N/A
Address
Via Spain and Elvira Mendez Street, Delta Tower, Ground Floor, Panama, PAN, 0816-00548
Grupo BanDelta Holding Corp is involved in providing working capital for small and medium enterprises in Panama. The services provided by the company include Personal Banking, Preferential Banking, Micro Enterprise Banking, and Small Business Banking.

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