Banco de Occidente (BOG:OCCIDENTE) Cyclically Adjusted PB Ratio: (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:OCCIDENTE Banco de Occidente SA BOG:OCCIDENTE
59 GF Score
Price COP20,700.00
GF Value COP19,220.18
Valuation Fairly Valued
! 3 Warning Signs
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What is Banco de Occidente Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco de Occidente  (BOG:OCCIDENTE) 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 Occidente Cyclically Adjusted PB Ratio Related Terms


Banco de Occidente Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banco de Occidente'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 Occidente Cyclically Adjusted PB Ratio Chart

Banco de Occidente 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 0.00 0.00 0.35 0.50 0.00

Banco de Occidente Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.50 0.52 0.54 0.55 0.00

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

For the Banks - Regional subindustry, Banco de Occidente'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 Occidente Cyclically Adjusted PB Ratio vs Banks Industry

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

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


BOG:OCCIDENTE
59GF Score
Banco de Occidente SA BOG:OCCIDENTE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco de Occidente 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 Occidente's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Banco de Occidente's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=39837.216/324.0540*324.0540
=39,837.216

Current CPI (Dec. 2025) = 324.0540.

Banco de Occidente Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 238.132 0.000
201606 27,119.391 241.018 36,462.617
201609 0.000 241.428 0.000
201612 28,152.245 241.432 37,786.406
201703 26,655.837 243.801 35,430.251
201706 27,317.582 244.955 36,138.767
201709 27,841.264 246.819 36,553.397
201712 28,898.640 246.524 37,987.052
201803 0.000 249.554 0.000
201806 26,650.597 251.989 34,272.260
201809 26,984.965 252.439 34,640.392
201812 28,781.411 251.233 37,123.831
201903 28,081.225 254.202 35,797.646
201906 29,389.237 256.143 37,181.183
201909 30,536.145 256.759 38,539.486
201912 31,065.343 256.974 39,174.581
202003 29,311.334 258.115 36,799.314
202006 30,261.398 257.797 38,038.950
202009 31,362.033 260.280 39,046.382
202012 31,738.608 260.474 39,485.795
202103 30,752.450 264.877 37,622.951
202106 31,661.892 271.696 37,763.393
202109 32,667.280 274.310 38,591.239
202112 33,067.280 278.802 38,434.388
202203 32,152.816 287.504 36,240.361
202206 31,857.710 296.311 34,840.483
202209 32,118.217 296.808 35,066.564
202212 33,251.629 296.797 36,305.365
202303 33,516.581 301.836 35,983.720
202306 34,623.996 305.109 36,773.889
202309 34,815.850 307.789 36,655.681
202312 36,248.146 306.746 38,293.431
202403 35,416.446 312.332 36,745.646
202406 36,489.352 314.175 37,636.733
202409 38,067.396 315.301 39,124.176
202412 38,111.013 315.605 39,131.276
202503 37,280.295 319.799 37,776.318
202506 38,265.754 322.561 38,442.870
202509 39,723.772 324.800 39,632.535
202512 39,837.216 324.054 39,837.216

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 de Occidente (BOG:OCCIDENTE) Overvalued in 2026?

Based on GuruFocus' analysis, Banco de Occidente stock appears to be overvalued. The current stock price of COP20,700.00 is trading 7.7% above its estimated GF Value™ of COP19,220.18. GuruFocus considers Banco de Occidente to be Fairly Valued.

Key valuation signals for BOG:OCCIDENTE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: COP19,220.18 vs. price of COP20,700.00 (7.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs

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


Banco de Occidente Business Description

Address CALLE 107 A No. 54, 95 Apartment, Bogota, COL, 401
Banco de Occidente SA is a Colombia based banking firm. The company offers personal banking services, including current and savings accounts; debit and credit cards; revolving credit, and credit warrant, as well as business banking products and services.
59GF Score

Get the complete analysis for BOG:OCCIDENTE

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

COP20,700.00
Price
COP19,220.18
GF Value