Banco De Bogota (BOG:BOGOTA) Cyclically Adjusted PB Ratio: 0.63 (As of Jul. 18, 2026) — Near Median

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BOG:BOGOTA Banco De Bogota SA BOG:BOGOTA
8 GF Score
Price COP37,520.00
GF Value COP31,171.90
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Banco De Bogota Cyclically Adjusted PB Ratio?

Banco De Bogota BOG:BOGOTA +0.48% 8 Cyclically Adjusted PB Ratio is 0.63 as of Jul. 18, 2026, which is 9% above its 10-year median of 0.58. GuruFocus rates BOG:BOGOTA with a GF Score™ of 8/100 and a GF Value™ of COP31,171.90 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,298 Banks companies, Banco De Bogota ranks better than 82.05% on this metric.

As of today (2026-07-18), Banco De Bogota's current share price is COP37520.00. Banco De Bogota's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was COP59,973.24. Banco De Bogota's Cyclically Adjusted PB Ratio for today is 0.63.

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

BOG:BOGOTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.58   Max: 1.41
Current: 0.63

During the past years, Banco De Bogota's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.43. And the median was 0.58.

BOG:BOGOTA's Cyclically Adjusted PB Ratio is ranked better than
82.05% of 1298 companies
in the Banks industry
Industry Median: 1.27 vs BOG:BOGOTA: 0.63

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 De Bogota's adjusted book value per share data for the three months ended in Mar. 2026 was COP46,334.563. 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 COP59,973.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco De Bogota  (BOG:BOGOTA) 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 De Bogota Cyclically Adjusted PB Ratio Related Terms


Banco De Bogota Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banco De Bogota'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 De Bogota Cyclically Adjusted PB Ratio Chart

Banco De Bogota 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 1.27 0.69 0.50 0.47 0.67

Banco De Bogota Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.53 0.55 0.60 0.67 0.62

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

For the Banks - Regional subindustry, Banco De Bogota'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 De Bogota Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BOG:BOGOTA
8GF Score
Banco De Bogota SA BOG:BOGOTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco De Bogota 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 De Bogota's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37520.00/59973.24
=0.63

* 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 De Bogota's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Banco De Bogota's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=46334.563/330.2130*330.2130
=46,334.563

Current CPI (Mar. 2026) = 330.2130.

Banco De Bogota Quarterly Data

Book Value per Share CPI Adj_Book
201606 37,971.347 241.018 52,023.635
201609 44,217.523 241.428 60,478.490
201612 46,267.769 241.432 63,281.664
201703 44,385.094 243.801 60,116.796
201706 46,376.022 244.955 62,517.464
201709 47,100.762 246.819 63,014.938
201712 48,350.494 246.524 64,764.330
201803 44,558.560 249.554 58,960.449
201806 46,472.579 251.989 60,898.887
201809 48,974.081 252.439 64,062.519
201812 52,122.700 251.233 68,508.489
201903 50,705.933 254.202 65,867.925
201906 53,446.582 256.143 68,901.966
201909 56,392.134 256.759 72,524.880
201912 57,789.163 256.974 74,259.392
202003 57,970.449 258.115 74,163.051
202006 58,643.822 257.797 75,117.059
202009 61,029.119 260.280 77,426.650
202012 59,026.298 260.474 74,829.929
202103 59,044.366 264.877 73,608.570
202106 62,286.887 271.696 75,702.034
202109 68,692.774 274.310 82,692.016
202112 71,006.122 278.802 84,099.628
202203 42,965.088 287.504 49,347.594
202206 44,206.209 296.311 49,263.999
202209 45,878.266 296.808 51,041.750
202212 44,378.242 296.797 49,374.732
202303 43,127.817 301.836 47,182.463
202306 43,742.875 305.109 47,341.986
202309 43,675.598 307.789 46,857.588
202312 44,223.543 306.746 47,606.778
202403 43,417.753 312.332 45,903.418
202406 44,741.324 314.175 47,025.278
202409 46,512.747 315.301 48,712.544
202412 47,229.719 315.605 49,415.780
202503 46,196.070 319.799 47,700.408
202506 47,642.090 322.561 48,772.286
202509 48,985.084 324.800 49,801.452
202512 48,504.274 324.054 49,426.151
202603 46,334.563 330.213 46,334.563

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.

What does a Cyclically Adjusted PB Ratio of 0.63 mean?
Banco De Bogota (BOG:BOGOTA) has a Cyclically Adjusted PB Ratio of 0.63 as of Jul. 18, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Banco De Bogota and its competitors. This is near median its historical median of 0.58. Over the past decade, Banco De Bogota's Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.41. According to the industry distribution chart, Banco De Bogota ranks #233 out of 1298 companies in the Banks industry, placing it in the top 18%.
Is Banco De Bogota's Cyclically Adjusted PB Ratio too high?
Banco De Bogota's current Cyclically Adjusted PB Ratio of 0.63 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.41. The Banks industry median Cyclically Adjusted PB Ratio is 1.27. Banco De Bogota's value of 0.63 is 50.4% below this industry median. Based on the distribution chart, Banco De Bogota ranks #233 out of 1298 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banco De Bogota has a GF Score™ of 8/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco De Bogota's Cyclically Adjusted PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Banco De Bogota ranks #233 out of 1298 companies for Cyclically Adjusted PB Ratio. This places Banco De Bogota in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Banco De Bogota's value of 0.63 is 50.4% below this benchmark. Historically, Banco De Bogota's own Cyclically Adjusted PB Ratio has ranged from 0.43 to 1.41 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 1.27, Banco De Bogota has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.27, based on 1,298 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco De Bogota's current Cyclically Adjusted PB Ratio of 0.63 is 50.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Banco De Bogota and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco De Bogota's current Cyclically Adjusted PB Ratio is 0.63, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco De Bogota stock overvalued right now?
Based on GuruFocus' analysis, Banco De Bogota (BOG:BOGOTA) is currently considered Modestly Overvalued. The stock's GF Value™ is COP31,171.90, compared to a current price of COP37,520.00 — trading 20.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is near median its 10-year median of 0.58 and 50.4% below the Banks industry median of 1.27. Banco De Bogota's overall GF Score™ is 8/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Banco De Bogota (BOG:BOGOTA), the current Cyclically Adjusted PB Ratio is 0.63 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco De Bogota (BOG:BOGOTA) Overvalued in 2026?

Based on GuruFocus' analysis, Banco De Bogota stock appears to be overvalued. The current stock price of COP37,520.00 is trading 20.4% above its estimated GF Value™ of COP31,171.90. GuruFocus considers Banco De Bogota to be Modestly Overvalued.

Key valuation signals for BOG:BOGOTA:

  • Cyclically Adjusted PB Ratio: 0.63 (near median its 10-year median of 0.58)
  • GF Value™: COP31,171.90 vs. price of COP37,520.00 (20.4% above fair value)
  • GF Score™: 8/100 with 3 warning signs
  • Industry Position: 50.4% below the Banks median (#233 of 1298)

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


Banco De Bogota Business Description

Address 36th street No. 7-47, Piso 15, Bogota, COL, 3436
Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.
8GF Score

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

COP37,520.00
Price
COP31,171.90
GF Value