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Bancontander (BUE:SAN) Cyclically Adjusted PB Ratio : 0.83 (As of Jun. 06, 2024)


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What is Bancontander Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Bancontander's current share price is ARS25215.00. Bancontander's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS30,330.30. Bancontander's Cyclically Adjusted PB Ratio for today is 0.83.

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

BUE:SAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.56   Max: 0.99
Current: 0.72

During the past years, Bancontander's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.23. And the median was 0.56.

BUE:SAN's Cyclically Adjusted PB Ratio is ranked better than
66.08% of 1191 companies
in the Banks industry
Industry Median: 0.91 vs BUE:SAN: 0.72

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.

Bancontander's adjusted book value per share data for the three months ended in Mar. 2024 was ARS5,609.130. 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 ARS30,330.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander'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.

Bancontander Cyclically Adjusted PB Ratio Chart

Bancontander 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 0.52 0.40 0.46 0.43 0.58

Bancontander Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.52 0.56 0.58 0.69

Competitive Comparison of Bancontander's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Bancontander'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.


Bancontander's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Bancontander 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.

Bancontander's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25215.00/30330.3
=0.83

* 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.

Bancontander's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5609.13/122.7621*122.7621
=5,609.130

Current CPI (Mar. 2024) = 122.7621.

Bancontander Quarterly Data

Book Value per Share CPI Adj_Book
201406 67.527 101.081 82.011
201409 73.558 100.441 89.905
201412 65.034 100.251 79.637
201503 59.924 99.474 73.953
201506 61.560 101.138 74.722
201509 61.487 99.559 75.817
201512 81.170 100.268 99.379
201603 92.856 98.638 115.566
201606 91.016 100.333 111.362
201609 97.319 99.737 119.786
201612 98.467 101.842 118.694
201703 98.851 100.896 120.274
201706 106.485 101.848 128.351
201709 119.859 101.524 144.933
201712 126.858 102.975 151.234
201803 140.180 102.122 168.513
201806 162.742 104.165 191.798
201809 242.376 103.818 286.603
201812 244.439 104.193 288.001
201903 257.691 103.488 305.685
201906 293.892 104.612 344.883
201909 347.900 103.905 411.038
201912 383.470 105.015 448.276
202003 381.836 103.469 453.035
202006 366.348 104.254 431.384
202009 412.921 103.521 489.670
202012 465.933 104.456 547.589
202103 510.860 104.857 598.091
202106 563.019 107.102 645.340
202109 568.943 107.669 648.700
202112 581.366 111.298 641.250
202203 616.399 115.153 657.131
202206 677.945 118.044 705.040
202209 745.639 117.221 780.886
202212 942.246 117.650 983.186
202303 1,164.151 118.948 1,201.482
202306 1,501.719 120.278 1,532.729
202309 2,174.842 121.343 2,200.284
202312 2,364.657 121.300 2,393.166
202403 5,609.130 122.762 5,609.130

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.


Bancontander  (BUE:SAN) 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.


Bancontander Cyclically Adjusted PB Ratio Related Terms

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


Bancontander (BUE:SAN) Business Description

Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's U.K. presence is the result of its acquisition of Abbey building society. In the U.S., Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.