GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of China Ltd (MEX:3980) » Definitions » Cyclically Adjusted PB Ratio

Bank Of China (MEX:3980) Cyclically Adjusted PB Ratio : 0.86 (As of Jun. 02, 2025)


View and export this data going back to 2023. Start your Free Trial

What is Bank Of China Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Bank Of China's current share price is MXN11.15. Bank Of China's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN12.94. Bank Of China's Cyclically Adjusted PB Ratio for today is 0.86.

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

MEX:3980' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.85   Max: 2.15
Current: 0.85

During the past years, Bank Of China's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.57. And the median was 0.85.

MEX:3980's Cyclically Adjusted PB Ratio is ranked better than
63.08% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs MEX:3980: 0.85

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.

Bank Of China's adjusted book value per share data for the three months ended in Mar. 2025 was MXN26.136. 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 MXN12.94 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Of China Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bank Of China'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.

Bank Of China Cyclically Adjusted PB Ratio Chart

Bank Of China 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 0.70 0.61 0.58 0.68 0.86

Bank Of China 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 0.73 0.75 0.79 0.86 0.86

Competitive Comparison of Bank Of China's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Bank Of China'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.


Bank Of China's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

Bank Of China 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.

Bank Of China's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.15/12.94
=0.86

* 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.

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

For example, Bank Of China'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)
=26.136/115.1156*115.1156
=26.136

Current CPI (Mar. 2025) = 115.1156.

Bank Of China Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.623 99.500 11.133
201509 10.449 100.500 11.969
201512 10.916 100.600 12.491
201603 11.226 102.200 12.645
201606 11.903 101.400 13.513
201609 12.701 102.400 14.278
201612 13.278 102.600 14.898
201703 12.541 103.200 13.989
201706 12.193 103.100 13.614
201709 12.965 104.100 14.337
201712 14.128 104.500 15.563
201803 13.721 105.300 15.000
201806 14.735 104.900 16.170
201809 13.708 106.600 14.803
201812 14.662 106.500 15.848
201903 15.745 107.700 16.829
201906 15.303 107.700 16.357
201909 15.711 109.800 16.472
201912 15.453 111.200 15.997
202003 19.856 112.300 20.354
202006 19.697 110.400 20.538
202009 19.830 111.700 20.436
202012 19.539 111.500 20.173
202103 20.690 112.662 21.141
202106 20.899 111.769 21.525
202109 22.080 112.215 22.651
202112 23.036 113.108 23.445
202203 22.920 114.335 23.077
202206 22.412 114.558 22.521
202209 22.025 115.339 21.982
202212 21.890 115.116 21.890
202303 20.946 115.116 20.946
202306 19.483 114.558 19.578
202309 19.831 115.339 19.793
202312 20.269 114.781 20.328
202403 19.836 115.227 19.817
202406 21.696 114.781 21.759
202409 24.790 115.785 24.647
202412 26.240 114.893 26.291
202503 26.136 115.116 26.136

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.


Bank Of China  (MEX:3980) 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.


Bank Of China Cyclically Adjusted PB Ratio Related Terms

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


Bank Of China Business Description

Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Bank of China was founded in 1912 and has its headquarters in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across Greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%. BOC has the most extensive global reach among Chinese banks, with operations in 64 countries and regions.

Bank Of China Headlines

No Headlines