Bladex (STU:D8Q) Cyclically Adjusted PB Ratio: 1.53 (As of Aug. 16, 2026) — 80% Above Median

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STU:D8Q Bladex Inc STU:D8Q
76 GF Score
Price €47.60
GF Value €38.98
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Bladex Cyclically Adjusted PB Ratio?

Bladex STU:D8Q +0.42% 76 Cyclically Adjusted PB Ratio is 1.53 as of Aug. 16, 2026, which is 80% above its 10-year median of 0.85. GuruFocus rates STU:D8Q with a GF Score™ of 76/100 and a GF Value™ of €38.98 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,285 Banks companies, Bladex ranks worse than 63.11% on this metric.

As of today (2026-08-16), Bladex's current share price is €47.60. Bladex's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €31.01. Bladex's Cyclically Adjusted PB Ratio for today is 1.53.

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

STU:D8Q' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.85   Max: 1.78
Current: 1.55

During the past years, Bladex's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.32. And the median was 0.85.

STU:D8Q's Cyclically Adjusted PB Ratio is ranked worse than
63.11% of 1285 companies
in the Banks industry
Industry Median: 1.3 vs STU:D8Q: 1.55

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.

Bladex's adjusted book value per share data for the three months ended in Jun. 2026 was €40.637. 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 €31.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bladex  (STU:D8Q) 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.


Bladex Cyclically Adjusted PB Ratio Related Terms


Bladex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bladex'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.

Bladex Cyclically Adjusted PB Ratio Chart

Bladex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.54 0.80 1.10 1.31

Bladex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.21 1.36 1.31 1.46 1.73

STU:D8Q vs OFG, MBIN, NWBI: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Bladex'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.


Bladex Cyclically Adjusted PB Ratio vs Banks Industry

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

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


STU:D8Q
76GF Score
Bladex Inc STU:D8Q
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bladex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.60/31.01
=1.53

* 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.

Bladex's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bladex's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=40.637/333.9520*333.9520
=40.637

Current CPI (Jun. 2026) = 333.9520.

Bladex Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.000 241.428 31.814
201612 24.482 241.432 33.864
201703 24.286 243.801 33.266
201706 23.156 244.955 31.569
201709 21.990 246.819 29.753
201712 22.348 246.524 30.274
201803 21.466 249.554 28.726
201806 22.619 251.989 29.976
201809 21.435 252.439 28.356
201812 22.089 251.233 29.362
201903 22.312 254.202 29.312
201906 22.404 256.143 29.210
201909 23.137 256.759 30.093
201912 23.094 256.974 30.012
202003 23.268 258.115 30.104
202006 22.873 257.797 29.630
202009 21.951 260.280 28.164
202012 21.502 260.474 27.568
202103 21.933 264.877 27.653
202106 21.734 271.696 26.714
202109 22.643 274.310 27.566
202112 24.226 278.802 29.018
202203 25.150 287.504 29.213
202206 26.521 296.311 29.890
202209 29.165 296.808 32.815
202212 27.790 296.797 31.269
202303 28.074 301.836 31.061
202306 28.505 305.109 31.200
202309 29.771 307.789 32.302
202312 30.211 306.746 32.890
202403 31.009 312.332 33.155
202406 31.910 314.175 33.919
202409 32.081 315.301 33.979
202412 34.711 315.605 36.729
202503 34.125 319.799 35.635
202506 32.962 322.561 34.126
202509 37.678 324.800 38.740
202512 38.508 324.054 39.684
202603 39.360 330.213 39.806
202606 40.637 333.952 40.637

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.

What does a Cyclically Adjusted PB Ratio of 1.53 mean?
Bladex (STU:D8Q) has a Cyclically Adjusted PB Ratio of 1.53 as of Aug. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bladex and its competitors. This is 80% above median its historical median of 0.85. Over the past decade, Bladex's Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.78. According to the industry distribution chart, Bladex ranks #811 out of 1285 companies in the Banks industry, placing it in the top 63.1%.
Is Bladex's Cyclically Adjusted PB Ratio too high?
Bladex's current Cyclically Adjusted PB Ratio of 1.53 is 80% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.78. The Banks industry median Cyclically Adjusted PB Ratio is 1.30. Bladex's value of 1.53 is 17.7% above this industry median. Based on the distribution chart, Bladex ranks #811 out of 1285 companies in the Banks industry, which is below the industry midpoint. Overall, Bladex has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bladex's Cyclically Adjusted PB Ratio compare to OFG and MBIN?
According to the Banks industry distribution chart, Bladex ranks #811 out of 1285 companies for Cyclically Adjusted PB Ratio. This places Bladex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.30. Bladex's value of 1.53 is 17.7% above this benchmark. Historically, Bladex's own Cyclically Adjusted PB Ratio has ranged from 0.32 to 1.78 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.30, Bladex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.30, based on 1,285 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bladex's current Cyclically Adjusted PB Ratio of 1.53 is 17.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bladex and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bladex's current Cyclically Adjusted PB Ratio is 1.53, which is 80% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bladex stock overvalued right now?
Based on GuruFocus' analysis, Bladex (STU:D8Q) is currently considered Modestly Overvalued. The stock's GF Value™ is €38.98, compared to a current price of €47.60 — trading 22.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 80% above median its 10-year median of 0.85 and 17.7% above the Banks industry median of 1.30. Bladex's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bladex (STU:D8Q), the current Cyclically Adjusted PB Ratio is 1.53 as of Aug. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bladex (STU:D8Q) Overvalued in 2026?

Based on GuruFocus' analysis, Bladex stock appears to be overvalued. The current stock price of €47.60 is trading 22.1% above its estimated GF Value™ of €38.98. GuruFocus considers Bladex to be Modestly Overvalued.

Key valuation signals for STU:D8Q:

  • Cyclically Adjusted PB Ratio: 1.53 (80% above median its 10-year median of 0.85)
  • GF Value™: €38.98 vs. price of €47.60 (22.1% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 17.7% above the Banks median (#811 of 1285)

No single metric tells the full story. See the STU:D8Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bladex Business Description

Other Exchanges BLX:USABLX1N:Mexico
Address Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies, and investors doing business in Latin America, supporting trade and regional integration. The Bank provides foreign trade solutions to a select client base of American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments: the Commercial Business Segment and the Treasury Business Segment. The majority of its revenue is generated from the Commercial Business segment.
76GF Score

Get the complete analysis for STU:D8Q

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€47.60
Price
€38.98
GF Value