GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bolivariano CA (XGUA:BLD) » Definitions » Cyclically Adjusted PB Ratio

Banco Bolivariano CA (XGUA:BLD) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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

What is Banco Bolivariano CA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Bolivariano CA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco Bolivariano CA'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 Bolivariano CA Cyclically Adjusted PB Ratio Chart

Banco Bolivariano CA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Banco Bolivariano CA Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Banco Bolivariano CA's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Banco Bolivariano CA'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 Bolivariano CA's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco Bolivariano CA 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 Bolivariano CA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Banco Bolivariano CA's adjusted Book Value per Share data for the fiscal year that ended in Dec20 was:

Adj_Book=Book Value per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=1.28/109.8968*109.8968
=1.280

Current CPI (Dec20) = 109.8968.

Banco Bolivariano CA Annual Data

Book Value per Share CPI Adj_Book
201112 1.394 95.213 1.609
201212 1.394 96.871 1.581
201312 1.355 98.326 1.514
201412 1.353 99.070 1.501
201512 1.343 99.792 1.479
201612 1.270 101.863 1.370
201712 1.306 104.011 1.380
201812 1.351 105.998 1.401
201912 1.355 108.420 1.373
202012 1.280 109.897 1.280

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 Bolivariano CA  (XGUA:BLD) 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 Bolivariano CA Cyclically Adjusted PB Ratio Related Terms

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


Banco Bolivariano CA (XGUA:BLD) Business Description

Traded in Other Exchanges
N/A
Address
200 Junin int. Panama, Guayas, Guayaquil, ECU
Banco Bolivariano CA is engaged in the provision of banking services. The company provides services such as savings accounts, credit, bank transfers, and insurance among others.