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Credicorp (LTS:0U8N) Cyclically Adjusted PB Ratio : 2.13 (As of Jun. 03, 2025)


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What is Credicorp Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Credicorp's current share price is $213.1426. Credicorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $100.17. Credicorp's Cyclically Adjusted PB Ratio for today is 2.13.

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

LTS:0U8N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.56   Max: 5.6
Current: 2.12

During the past years, Credicorp's highest Cyclically Adjusted PB Ratio was 5.60. The lowest was 1.37. And the median was 2.56.

LTS:0U8N's Cyclically Adjusted PB Ratio is ranked worse than
86.68% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs LTS:0U8N: 2.12

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.

Credicorp's adjusted book value per share data for the three months ended in Mar. 2025 was $124.679. 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 $100.17 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credicorp Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Credicorp'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.

Credicorp Cyclically Adjusted PB Ratio Chart

Credicorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 1.69 1.67 1.67 1.87

Credicorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.82 1.70 1.87 1.87 1.84

Competitive Comparison of Credicorp's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Credicorp'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.


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

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

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


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Credicorp 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=213.1426/100.17
=2.13

* 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.

Credicorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Credicorp's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=124.679/134.9266*134.9266
=124.679

Current CPI (Mar. 2025) = 134.9266.

Credicorp Quarterly Data

Book Value per Share CPI Adj_Book
201506 51.240 100.684 68.667
201509 52.449 100.392 70.492
201512 55.823 99.792 75.477
201603 57.502 100.470 77.222
201606 61.113 101.688 81.089
201609 66.413 101.861 87.972
201612 68.286 101.863 90.451
201703 68.438 102.862 89.772
201706 72.001 103.349 94.000
201709 76.025 104.136 98.504
201712 75.571 104.011 98.033
201803 73.767 105.290 94.531
201806 75.764 106.317 96.152
201809 79.630 106.507 100.878
201812 82.785 105.998 105.378
201903 82.004 107.251 103.165
201906 75.764 108.070 94.593
201909 89.994 108.329 112.089
201912 90.816 108.420 113.019
202003 80.320 108.902 99.515
202006 81.342 108.767 100.905
202009 82.033 109.815 100.792
202012 86.662 109.897 106.400
202103 84.904 111.754 102.509
202106 87.053 114.631 102.466
202109 87.466 115.734 101.971
202112 91.264 117.630 104.684
202203 85.161 121.301 94.727
202206 90.858 125.017 98.060
202209 94.100 125.227 101.389
202212 100.676 125.222 108.478
202303 105.434 127.348 111.709
202306 104.229 128.729 109.247
202309 108.535 129.860 112.770
202312 112.726 129.419 117.523
202403 117.598 131.776 120.409
202406 112.835 132.554 114.855
202409 116.299 133.029 117.958
202412 119.368 133.157 120.954
202503 124.679 134.927 124.679

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.


Credicorp  (LTS:0U8N) 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.


Credicorp Cyclically Adjusted PB Ratio Related Terms

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


Credicorp Business Description

Industry
Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a Peruvian financial services company. It operates in four business lines, including Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advisory. Its subsidiaries include Banco de Credito del Peru, Prima AFP, and Credicorp Capital. Geographically, the company operates in Peru, Colombia, Bolivia, Chile, Panama, the USA, and Mexico; the majority of its revenue is generated from Peru.

Credicorp Headlines

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