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Banco Patagonia (BUE:BPAA) Cyclically Adjusted PB Ratio : 14.56 (As of Sep. 25, 2024)


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What is Banco Patagonia Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Banco Patagonia's current share price is ARS1.31. Banco Patagonia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was ARS0.09. Banco Patagonia's Cyclically Adjusted PB Ratio for today is 14.56.

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

BUE:BPAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.41   Max: 19.84
Current: 12.77

During the past years, Banco Patagonia's highest Cyclically Adjusted PB Ratio was 19.84. The lowest was 1.76. And the median was 3.41.

BUE:BPAA's Cyclically Adjusted PB Ratio is ranked worse than
99.27% of 1233 companies
in the Banks industry
Industry Median: 0.97 vs BUE:BPAA: 12.77

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 Patagonia's adjusted book value per share data for the three months ended in Jun. 2024 was ARS1,454.211. 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 ARS0.09 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Patagonia Cyclically Adjusted PB Ratio Historical Data

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

Banco Patagonia 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 3.22 3.46 2.54 1.97 5.41

Banco Patagonia Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.60 3.34 5.41 6.65 14.31

Competitive Comparison of Banco Patagonia's Cyclically Adjusted PB Ratio

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

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.31/0.09
=14.56

* 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 Patagonia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1454.211/132.5538*132.5538
=1,454.211

Current CPI (Jun. 2024) = 132.5538.

Banco Patagonia Quarterly Data

Book Value per Share CPI Adj_Book
201409 8.152 100.428 10.760
201412 9.631 99.070 12.886
201503 9.579 99.621 12.746
201506 8.811 100.684 11.600
201509 9.649 100.392 12.740
201512 11.591 99.792 15.396
201603 11.720 100.470 15.463
201606 12.790 101.688 16.672
201609 11.646 101.861 15.155
201612 14.927 101.863 19.424
201703 13.882 102.862 17.889
201706 12.757 103.349 16.362
201709 14.065 104.136 17.903
201712 17.319 104.011 22.072
201803 18.320 105.290 23.064
201806 17.879 106.317 22.291
201809 19.841 106.507 24.693
201812 54.699 105.998 68.403
201903 29.240 107.251 36.139
201906 31.480 108.070 38.612
201909 36.549 108.329 44.722
201912 64.945 108.420 79.401
202003 53.554 108.902 65.185
202006 53.268 108.767 64.917
202009 61.653 109.815 74.419
202012 104.877 109.897 126.499
202103 80.072 111.754 94.975
202106 81.651 114.631 94.417
202109 91.038 115.734 104.268
202112 202.240 117.630 227.899
202203 121.232 121.301 132.478
202206 143.820 125.017 152.491
202209 181.737 125.227 192.371
202212 695.934 125.222 736.682
202303 275.278 127.348 286.531
202306 338.630 128.729 348.692
202309 470.044 129.860 479.796
202312 793.598 129.419 812.818
202403 1,240.381 131.776 1,247.700
202406 1,454.211 132.554 1,454.211

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 Patagonia  (BUE:BPAA) 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 Patagonia Cyclically Adjusted PB Ratio Related Terms

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


Banco Patagonia Business Description

Traded in Other Exchanges
Address
Avenida de Mayo 701, 24th Floor, Buenos Aires, ARG
Banco Patagonia SA is a commercial bank based in Argentina. It provides products and services including savings accounts, checking accounts. It also provides mortgage loans, debit and credit cards, fixed-term deposits, consumer and commercial loans personal loans and other banking services. The company serves individuals, foreign residents, corporate customers, large companies, medium and small enterprises as well as agribusiness, private, financial, non-financial and government sector.

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