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Bancontander Chile (XSGO:BSANTANDER) Cyclically Adjusted PB Ratio : 1.95 (As of May. 01, 2024)


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What is Bancontander Chile Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Bancontander Chile's current share price is CLP43.50. Bancontander Chile's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CLP22.26. Bancontander Chile's Cyclically Adjusted PB Ratio for today is 1.95.

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

XSGO:BSANTANDER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.92   Max: 4.01
Current: 1.95

During the past years, Bancontander Chile's highest Cyclically Adjusted PB Ratio was 4.01. The lowest was 1.52. And the median was 2.92.

XSGO:BSANTANDER's Cyclically Adjusted PB Ratio is ranked worse than
87.53% of 1179 companies
in the Banks industry
Industry Median: 0.92 vs XSGO:BSANTANDER: 1.95

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.

Bancontander Chile's adjusted book value per share data for the three months ended in Dec. 2023 was CLP27.556. 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 CLP22.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander Chile Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander 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.

Bancontander Chile Cyclically Adjusted PB Ratio Chart

Bancontander Chile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 2.07 1.89 1.62 1.93

Bancontander Chile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.62 1.65 1.76 1.88 1.93

Competitive Comparison of Bancontander Chile's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bancontander 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.


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

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

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



Bancontander 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.50/22.26
=1.95

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=27.556/146.1089*146.1089
=27.556

Current CPI (Dec. 2023) = 146.1089.

Bancontander Chile Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.868 94.584 19.878
201406 12.825 95.543 19.613
201409 13.175 96.883 19.869
201412 14.020 97.515 21.007
201503 13.943 98.539 20.674
201506 13.679 99.770 20.032
201509 14.058 101.383 20.260
201512 14.712 101.775 21.121
201603 14.973 102.930 21.254
201606 14.353 103.965 20.171
201609 14.827 104.521 20.727
201612 15.436 104.532 21.576
201703 15.752 105.752 21.763
201706 15.364 105.730 21.232
201709 15.771 106.035 21.731
201712 16.482 106.907 22.526
201803 16.821 107.670 22.826
201806 15.919 108.421 21.452
201809 16.375 109.369 21.876
201812 16.977 109.653 22.621
201903 17.627 110.339 23.341
201906 17.431 111.352 22.872
201909 17.822 111.821 23.287
201912 18.036 112.943 23.332
202003 18.543 114.468 23.669
202006 19.177 114.283 24.517
202009 19.353 115.275 24.530
202012 19.210 116.299 24.134
202103 18.916 117.770 23.468
202106 17.671 118.630 21.764
202109 17.427 121.431 20.969
202112 22.994 124.634 26.956
202203 19.663 128.850 22.297
202206 19.042 133.448 20.849
202209 20.496 138.101 21.685
202212 25.760 140.574 26.774
202303 20.805 143.145 21.236
202306 22.120 143.538 22.516
202309 22.248 145.172 22.392
202312 27.556 146.109 27.556

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.


Bancontander Chile  (XSGO:BSANTANDER) 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.


Bancontander Chile Cyclically Adjusted PB Ratio Related Terms

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


Bancontander Chile (XSGO:BSANTANDER) Business Description

Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

Bancontander Chile (XSGO:BSANTANDER) Headlines

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