Banco Bilbao Vizcaya Argentaria Colombia (BOG:BBVACOL) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOG:BBVACOL Banco Bilbao Vizcaya Argentaria Colombia SA BOG:BBVACOL
21 GF Score
Price COP242.00
GF Value COP210.53
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Banco Bilbao Vizcaya Argentaria Colombia Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Bilbao Vizcaya Argentaria Colombia  (BOG:BBVACOL) 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 Bilbao Vizcaya Argentaria Colombia Cyclically Adjusted PB Ratio Related Terms


Banco Bilbao Vizcaya Argentaria Colombia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banco Bilbao Vizcaya Argentaria Colombia'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.

Banco Bilbao Vizcaya Argentaria Colombia Cyclically Adjusted PB Ratio Chart

Banco Bilbao Vizcaya Argentaria Colombia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.99 0.58 0.42 0.51

Banco Bilbao Vizcaya Argentaria Colombia Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.41 0.41 0.51 0.52 0.45

BOG:BBVACOL vs USB, PNC: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Banco Bilbao Vizcaya Argentaria Colombia'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 Colombia Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BOG:BBVACOL
21GF Score
Banco Bilbao Vizcaya Argentaria Colombia SA BOG:BBVACOL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Bilbao Vizcaya Argentaria Colombia 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 Bilbao Vizcaya Argentaria Colombia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Banco Bilbao Vizcaya Argentaria Colombia'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)
=468.296/333.9520*333.9520
=468.296

Current CPI (Jun. 2026) = 333.9520.

Banco Bilbao Vizcaya Argentaria Colombia Quarterly Data

Book Value per Share CPI Adj_Book
201603 254.052 238.132 356.278
201606 284.739 241.018 394.531
201609 283.132 241.428 391.638
201612 298.805 241.432 413.311
201709 308.890 246.819 417.936
201712 309.663 246.524 419.483
201803 284.180 249.554 380.288
201806 298.091 251.989 395.049
201809 308.708 252.439 408.390
201812 322.023 251.233 428.050
201903 315.698 254.202 414.741
201906 331.732 256.143 432.503
201909 349.554 256.759 454.645
201912 362.248 256.974 470.761
202003 341.754 258.115 442.165
202006 348.225 257.797 451.093
202009 369.341 260.280 473.883
202012 382.843 260.474 490.840
202103 374.760 264.877 472.490
202106 394.923 271.696 485.415
202109 412.932 274.310 502.714
202112 426.747 278.802 511.162
202203 413.738 287.504 480.580
202206 438.498 296.311 494.201
202209 452.195 296.808 508.785
202212 467.045 296.797 525.513
202303 445.099 301.836 492.458
202306 513.446 305.109 561.984
202309 512.036 307.789 555.561
202312 456.913 306.746 497.438
202403 452.124 312.332 483.421
202406 460.213 314.175 489.183
202409 428.257 315.301 453.590
202412 426.690 315.605 451.495
202503 427.096 319.799 445.998
202506 432.451 322.561 447.723
202509 440.878 324.800 453.301
202512 442.456 324.054 455.971
202603 440.623 330.213 445.612
202606 468.296 333.952 468.296

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.

Is Banco Bilbao Vizcaya Argentaria Colombia (BOG:BBVACOL) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Bilbao Vizcaya Argentaria Colombia stock appears to be overvalued. The current stock price of COP242.00 is trading 14.9% above its estimated GF Value™ of COP210.53. GuruFocus considers Banco Bilbao Vizcaya Argentaria Colombia to be Modestly Overvalued.

Key valuation signals for BOG:BBVACOL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: COP210.53 vs. price of COP242.00 (14.9% above fair value)
  • GF Score™: 21/100 with 5 warning signs

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


Banco Bilbao Vizcaya Argentaria Colombia Business Description

Address Carrera 9 No. 72-21, Bogota, COL, 28046
Banco Bilbao Vizcaya Argentaria Colombia SA operates as a private banking institution. The company's main activities include providing loans to both public and private sector companies as well as individuals. It is also involved in international banking, privatizations, financial projects, and other general banking activities, as well as offering leasing services. The operating business segments are Commercial Banking, Enterprise and Institutional Banking, Corporate and Investment Banking, Asset and Liability Management, and Other Segments. The company operates in cities and towns throughout Colombia and it generates revenue through interest and service fees.
21GF Score

Get the complete analysis for BOG:BBVACOL

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

COP242.00
Price
COP210.53
GF Value