Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 15, 2026)

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BOG:PROTECCION Administradora de Fondos de Pensiones y Cesantia Proteccion SA BOG:PROTECCION
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Price COP78,000.00
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What is Administradora de Fondos de Pensiones y Cesantia Proteccion Cyclically Adjusted PB Ratio?

Administradora de Fondos de Pensiones y Cesantia Proteccion BOG:PROTECCION 12 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 15, 2026. GuruFocus rates BOG:PROTECCION with a GF Score™ of 12/100.

As of today (2026-07-15), Administradora de Fondos de Pensiones y Cesantia Proteccion's current share price is COP78000.00. Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was COP66,034.61. Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio for today is 1.18.

The historical rank and industry rank for Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOG:PROTECCION's Cyclically Adjusted PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.85
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Administradora de Fondos de Pensiones y Cesantia Proteccion's adjusted book value per share data of for the fiscal year that ended in Dec21 was COP88,062.857. 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 COP66,034.61 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Administradora de Fondos de Pensiones y Cesantia Proteccion  (BOG:PROTECCION) 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.


Administradora de Fondos de Pensiones y Cesantia Proteccion Cyclically Adjusted PB Ratio Related Terms


Administradora de Fondos de Pensiones y Cesantia Proteccion Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Administradora de Fondos de Pensiones y Cesantia Proteccion'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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Cyclically Adjusted PB Ratio Chart

Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.09 1.82

Administradora de Fondos de Pensiones y Cesantia Proteccion Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 2.09 0.00 1.82 0.00 0.00

BOG:PROTECCION vs BLK, BX, BK: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Administradora de Fondos de Pensiones y Cesantia Proteccion'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.


Administradora de Fondos de Pensiones y Cesantia Proteccion Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio falls into.


BOG:PROTECCION
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Administradora de Fondos de Pensiones y Cesantia Proteccion SA BOG:PROTECCION
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Administradora de Fondos de Pensiones y Cesantia Proteccion 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.

Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78000.00/66034.61
=1.18

* 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.

Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Administradora de Fondos de Pensiones y Cesantia Proteccion's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=88062.857/278.8020*278.8020
=88,062.857

Current CPI (Dec21) = 278.8020.

Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data

Book Value per Share CPI Adj_Book
201212 0.000 229.601 0.000
201312 37,400.520 233.049 44,743.122
201412 44,319.833 234.812 52,622.771
201512 48,302.082 236.525 56,935.703
201612 51,218.286 241.432 59,146.097
201712 57,552.053 246.524 65,087.486
201812 58,923.604 251.233 65,389.573
201912 71,942.811 256.974 78,053.809
202012 78,738.615 260.474 84,278.981
202112 88,062.857 278.802 88,062.857

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 1.18 mean?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 15, 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 Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio too high?
Administradora de Fondos de Pensiones y Cesantia Proteccion's current Cyclically Adjusted PB Ratio is 1.18. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 1.18 is 38.8% above this industry median. Overall, Administradora de Fondos de Pensiones y Cesantia Proteccion has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio compare to BLK and BX?
Administradora de Fondos de Pensiones y Cesantia Proteccion's Cyclically Adjusted PB Ratio of 1.18 can be compared against companies in the Asset Management industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 1.18 is 38.8% above this benchmark. 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,000 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. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Cyclically Adjusted PB Ratio of 1.18 is 38.8% above 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 Administradora de Fondos de Pensiones y Cesantia Proteccion and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Cyclically Adjusted PB Ratio is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion stock overvalued right now?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a current Cyclically Adjusted PB Ratio of 1.18. The current Cyclically Adjusted PB Ratio is 1.18 and 38.8% above the Asset Management industry median of 0.85. Administradora de Fondos de Pensiones y Cesantia Proteccion's overall GF Score™ is 12/100. 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 Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 15, 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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Business Description

Address Calle 49 No. 63-100 Torre Protection, Medellin, COL
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.
12GF 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.

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