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Crediscotia Financiera (LIM:CSCOTIC1) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Crediscotia Financiera Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crediscotia Financiera Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crediscotia Financiera'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.

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Crediscotia Financiera Cyclically Adjusted PB Ratio Chart

Crediscotia Financiera Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Crediscotia Financiera Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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Competitive Comparison of Crediscotia Financiera's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Crediscotia Financiera'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.


Crediscotia Financiera's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Crediscotia Financiera 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.

Crediscotia Financiera's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Crediscotia Financiera'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)
=7.503/117.6295*117.6295
=7.503

Current CPI (Dec21) = 117.6295.

Crediscotia Financiera Annual Data

Book Value per Share CPI Adj_Book
201212 6.621 96.871 8.040
201312 6.389 98.326 7.643
201412 5.669 99.070 6.731
201512 8.177 99.792 9.639
201612 8.116 101.863 9.372
201712 9.922 104.011 11.221
201812 11.575 105.998 12.845
201912 12.986 108.420 14.089
202012 7.064 109.897 7.561
202112 7.503 117.630 7.503

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.


Crediscotia Financiera  (LIM:CSCOTIC1) 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.


Crediscotia Financiera Cyclically Adjusted PB Ratio Related Terms

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Crediscotia Financiera (LIM:CSCOTIC1) Business Description

Traded in Other Exchanges
N/A
Address
Av Paseo de la Republica Number 3587, San Isidro, Lima, PER
Crediscotia Financiera SA provides banking services to personal and business customers in Peru. The company's products and services include loans, mortgages, credit and debit cards, saving accounts, fixed-term deposits, money transfers, and other banking operations. The company also offers health, business, vehicle, fire, discretionary, accidental protection and death, involuntary unemployment or temporary disability, credit card protection, indemnity, and life and burial life insurance products and services. The company offers its products and services through its agencies and ATMs.

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