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Banco Itau Chile (STU:D8S) Cyclically Adjusted PB Ratio : 0.35 (As of May. 24, 2024)


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What is Banco Itau Chile Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Banco Itau Chile's current share price is €2.66. Banco Itau Chile's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €7.71. Banco Itau Chile's Cyclically Adjusted PB Ratio for today is 0.35.

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

STU:D8S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.96   Max: 2.86
Current: 0.45

During the past years, Banco Itau Chile's highest Cyclically Adjusted PB Ratio was 2.86. The lowest was 0.35. And the median was 1.96.

STU:D8S's Cyclically Adjusted PB Ratio is ranked better than
85.15% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs STU:D8S: 0.45

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.

Banco Itau Chile's adjusted book value per share data for the three months ended in Sep. 2023 was €5.775. 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 €7.71 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Itau Chile Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco Itau 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.

Banco Itau Chile Cyclically Adjusted PB Ratio Chart

Banco Itau Chile Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.18 0.62 0.39 0.39

Banco Itau Chile Quarterly Data
Mar14 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.39 0.39 0.40 0.39 0.38

Competitive Comparison of Banco Itau Chile's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Banco Itau 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.


Banco Itau Chile's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco Itau 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.66/7.71
=0.35

* 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.

Banco Itau Chile's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Banco Itau Chile's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.775/145.1719*145.1719
=5.775

Current CPI (Sep. 2023) = 145.1719.

Banco Itau Chile Quarterly Data

Book Value per Share CPI Adj_Book
200809 3.923 85.461 6.664
200812 3.887 85.070 6.633
200903 4.118 83.357 7.172
200906 4.287 83.332 7.468
200912 4.554 82.874 7.977
201003 4.527 83.612 7.860
201006 4.977 84.299 8.571
201012 5.745 85.345 9.772
201103 4.737 86.423 7.957
201106 4.916 87.197 8.185
201109 0.000 87.883 0.000
201112 6.360 89.125 10.359
201203 5.967 89.703 9.657
201206 7.365 89.507 11.945
201209 7.618 90.378 12.237
201212 6.585 90.455 10.568
201303 8.807 91.065 14.040
201306 8.323 91.196 13.249
201309 8.905 92.154 14.028
201312 8.760 93.179 13.648
201403 8.352 94.584 12.819
201406 9.137 95.543 13.883
201412 8.625 97.515 12.840
201512 4.526 101.775 6.456
201612 13.245 104.532 18.394
201712 12.912 106.907 17.534
201812 11.908 109.653 15.765
201912 11.435 112.943 14.698
202006 0.000 114.283 0.000
202012 7.639 116.299 9.536
202106 7.632 118.630 9.340
202109 0.000 121.431 0.000
202112 5.112 124.634 5.954
202203 0.000 128.850 0.000
202206 0.000 133.448 0.000
202209 5.333 138.101 5.606
202212 5.565 140.574 5.747
202303 6.129 143.145 6.216
202306 6.258 143.538 6.329
202309 5.775 145.172 5.775

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.


Banco Itau Chile  (STU:D8S) 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.


Banco Itau Chile Cyclically Adjusted PB Ratio Related Terms

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


Banco Itau Chile (STU:D8S) Business Description

Industry
Traded in Other Exchanges
Address
Presidente Riesco 5537, Las Condes, Santiago, CHL
Banco Itau Chile is a commercial bank from Chile. The bank has operations in Colombia, Panama, the United States, and Spain. CorpBanca offers commercial and retail banking products, mainly to individuals and midsize and large corporations. The product portfolio consists of treasury and financial advisory, securities brokerage, asset management, insurance brokerage, investment banking, payment products, legal services, cash management, international trade, mortgages, and consumer credit.

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