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Bancontander Chile (FRA:BSA) Cyclically Adjusted PB Ratio : 2.08 (As of Jun. 04, 2024)


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What is Bancontander Chile Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Bancontander Chile's current share price is €17.20. Bancontander Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.27. Bancontander Chile's Cyclically Adjusted PB Ratio for today is 2.08.

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

FRA:BSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.92   Max: 4.01
Current: 1.95

During the past years, Bancontander Chile's highest Cyclically Adjusted PB Ratio was 4.01. The lowest was 1.52. And the median was 2.92.

FRA:BSA's Cyclically Adjusted PB Ratio is ranked worse than
87.58% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs FRA:BSA: 1.95

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 Chile's adjusted book value per share data for the three months ended in Mar. 2024 was €9.282. 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 €8.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander Chile Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander Chile'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 Chile Cyclically Adjusted PB Ratio Chart

Bancontander Chile 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 2.80 2.07 1.89 1.62 1.93

Bancontander Chile 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 1.65 1.76 1.88 1.93 2.19

Competitive Comparison of Bancontander Chile's Cyclically Adjusted PB Ratio

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

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.20/8.27
=2.08

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

For example, Bancontander Chile'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)
=9.282/146.1089*146.1089
=9.282

Current CPI (Mar. 2024) = 146.1089.

Bancontander Chile Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.858 95.543 10.488
201409 6.797 96.883 10.251
201412 7.488 97.515 11.219
201503 8.221 98.539 12.190
201506 7.683 99.770 11.251
201509 7.110 101.383 10.247
201512 7.637 101.775 10.964
201603 7.967 102.930 11.309
201606 7.724 103.965 10.855
201609 8.018 104.521 11.208
201612 8.772 104.532 12.261
201703 8.891 105.752 12.284
201706 8.247 105.730 11.397
201709 8.311 106.035 11.452
201712 9.055 106.907 12.375
201803 9.016 107.670 12.235
201806 8.412 108.421 11.336
201809 8.486 109.369 11.337
201812 8.580 109.653 11.433
201903 9.162 110.339 12.132
201906 9.076 111.352 11.909
201909 8.920 111.821 11.655
201912 8.720 112.943 11.281
202003 7.932 114.468 10.125
202006 8.344 114.283 10.668
202009 8.378 115.275 10.619
202012 8.665 116.299 10.886
202103 8.681 117.770 10.770
202106 7.979 118.630 9.827
202109 7.373 121.431 8.871
202112 9.397 124.634 11.016
202203 9.073 128.850 10.288
202206 7.832 133.448 8.575
202209 8.572 138.101 9.069
202212 11.219 140.574 11.661
202303 9.848 143.145 10.052
202306 10.175 143.538 10.357
202309 9.195 145.172 9.254
202312 11.579 146.109 11.579
202403 9.282 146.109 9.282

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 Chile  (FRA:BSA) 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 Chile Cyclically Adjusted PB Ratio Related Terms

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


Bancontander Chile (FRA:BSA) Business Description

Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

Bancontander Chile (FRA:BSA) Headlines

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