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Scotiabank Chile (XSGO:SCOTIABKCL) Cyclically Adjusted Book per Share : CLP236.96 (As of Mar. 2024)


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What is Scotiabank 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.

Scotiabank Chile's adjusted book value per share for the three months ended in Mar. 2024 was CLP285.046. 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 CLP236.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Scotiabank Chile's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% 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 Scotiabank Chile was 11.30% per year. The lowest was 11.30% per year. And the median was 11.30% per year.

As of today (2024-06-24), Scotiabank Chile's current stock price is CLP295.50. Scotiabank Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP236.96. Scotiabank Chile's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Scotiabank Chile was 2.00. The lowest was 1.25. And the median was 1.49.


Scotiabank Chile Cyclically Adjusted Book per Share Historical Data

The historical data trend for Scotiabank 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.

Scotiabank Chile Cyclically Adjusted Book per Share Chart

Scotiabank 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 - 170.46 189.37 218.54 234.80

Scotiabank 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 224.12 226.63 231.22 234.80 236.96

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

For the Banks - Diversified subindustry, Scotiabank 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.


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

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

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



Scotiabank 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, Scotiabank 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)
=285.046/146.1089*146.1089
=285.046

Current CPI (Mar. 2024) = 146.1089.

Scotiabank Chile Quarterly Data

Book Value per Share CPI Adj_Book
201406 131.919 95.543 201.737
201409 136.075 96.883 205.214
201412 139.398 97.515 208.863
201503 140.377 98.539 208.144
201506 143.593 99.770 210.285
201509 147.019 101.383 211.878
201512 149.601 101.775 214.768
201603 152.173 102.930 216.009
201606 155.691 103.965 218.803
201609 159.249 104.521 222.613
201612 162.008 104.532 226.446
201703 164.203 105.752 226.866
201706 167.708 105.730 231.756
201709 172.388 106.035 237.538
201712 176.588 106.907 241.342
201803 179.323 107.670 243.344
201806 182.648 108.421 246.137
201809 158.708 109.369 212.022
201812 174.973 109.653 233.147
201903 175.931 110.339 232.965
201906 177.728 111.352 233.203
201909 172.229 111.821 225.041
201912 177.092 112.943 229.095
202003 189.292 114.468 241.615
202006 188.995 114.283 241.627
202009 193.419 115.275 245.156
202012 195.865 116.299 246.070
202103 201.038 117.770 249.414
202106 207.059 118.630 255.020
202109 212.279 121.431 255.420
202112 218.356 124.634 255.980
202203 211.003 128.850 239.265
202206 213.802 133.448 234.086
202209 236.470 138.101 250.182
202212 248.846 140.574 258.644
202303 249.029 143.145 254.185
202306 266.393 143.538 271.165
202309 275.868 145.172 277.649
202312 280.619 146.109 280.619
202403 285.046 146.109 285.046

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


Scotiabank Chile  (XSGO:SCOTIABKCL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=295.50/236.96
=1.25

* 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 Scotiabank Chile was 2.00. The lowest was 1.25. And the median was 1.49.


Be Aware

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


Scotiabank Chile Cyclically Adjusted Book per Share Related Terms

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


Scotiabank Chile (XSGO:SCOTIABKCL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Morande 226, P.O.Box 90-D, Santiago, CHL
Scotiabank Chile provides financial services. It offers financial products and services with respect to personal, commercial, corporate, insurance, credit cards and investment banking.

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