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BBAJF (Banco del Bajio) Cyclically Adjusted PB Ratio : 1.43 (As of Dec. 12, 2024)


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What is Banco del Bajio Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Banco del Bajio's current share price is $2.24. Banco del Bajio's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $1.57. Banco del Bajio's Cyclically Adjusted PB Ratio for today is 1.43.

The historical rank and industry rank for Banco del Bajio's Cyclically Adjusted PB Ratio or its related term are showing as below:

BBAJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.07   Max: 2.55
Current: 1.47

During the past years, Banco del Bajio's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 1.35. And the median was 2.07.

BBAJF's Cyclically Adjusted PB Ratio is ranked worse than
72.54% of 1220 companies
in the Banks industry
Industry Median: 1.04 vs BBAJF: 1.47

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.

Banco del Bajio's adjusted book value per share data for the three months ended in Sep. 2024 was $1.838. 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 $1.57 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco del Bajio Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco del Bajio's Cyclically Adjusted PB Ratio 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 del Bajio Cyclically Adjusted PB Ratio Chart

Banco del Bajio Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.03

Banco del Bajio Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted PB Ratio 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 2.03 2.03 2.24 1.90 1.53

Competitive Comparison of Banco del Bajio's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Banco del Bajio'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 del Bajio's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco del Bajio Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Banco del Bajio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.24/1.57
=1.43

* 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.

Banco del Bajio's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Banco del Bajio's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.838/155.1579*155.1579
=1.838

Current CPI (Sep. 2024) = 155.1579.

Banco del Bajio Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.754 99.469 1.176
201503 0.749 99.973 1.162
201506 0.748 99.382 1.168
201509 0.713 100.112 1.105
201512 0.725 101.588 1.107
201603 0.767 102.573 1.160
201606 0.737 101.905 1.122
201609 0.731 103.084 1.100
201612 0.711 105.002 1.051
201703 0.813 108.063 1.167
201706 1.027 108.339 1.471
201709 1.070 109.628 1.514
201712 1.035 112.114 1.432
201803 1.170 113.505 1.599
201806 1.102 113.373 1.508
201809 1.218 115.130 1.641
201812 1.222 117.530 1.613
201903 1.293 118.050 1.699
201906 1.275 117.848 1.679
201909 1.293 118.581 1.692
201912 1.411 120.854 1.812
202003 1.173 121.885 1.493
202006 1.210 121.777 1.542
202009 1.296 123.341 1.630
202012 1.473 124.661 1.833
202103 1.485 127.574 1.806
202106 1.476 128.936 1.776
202109 1.482 130.742 1.759
202112 1.553 133.830 1.800
202203 1.668 137.082 1.888
202206 1.533 139.233 1.708
202209 1.430 142.116 1.561
202212 1.593 144.291 1.713
202303 1.848 146.472 1.958
202306 1.843 146.272 1.955
202309 1.947 148.446 2.035
202312 2.057 151.017 2.113
202403 2.244 152.947 2.276
202406 1.859 153.551 1.878
202409 1.838 155.158 1.838

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


Banco del Bajio  (OTCPK:BBAJF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Banco del Bajio Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Banco del Bajio's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco del Bajio Business Description

Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, Leon, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.