Banco De Chile (FRA:G4RA) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:G4RA Banco De Chile FRA:G4RA
63 GF Score
Price €35.80
GF Value €24.72
! 9 Warning Signs
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What is Banco De Chile Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco De Chile  (FRA:G4RA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Banco De Chile Cyclically Adjusted PS Ratio Related Terms


Banco De Chile Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Banco De Chile's Cyclically Adjusted PS 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.

Banco De Chile Cyclically Adjusted PS Ratio Chart

Banco De Chile Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.80 3.04 3.10 4.59

Banco De Chile Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 3.59 3.61 4.58 4.37 4.79

FRA:G4RA vs USB, PNC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Banco De Chile's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 De Chile Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:G4RA
63GF Score
Banco De Chile FRA:G4RA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco De Chile Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Banco De Chile's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Banco De Chile's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.848/162.5100*162.5100
=1.848

Current CPI (Jun. 2026) = 162.5100.

Banco De Chile Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.235 104.521 1.920
201612 1.231 104.532 1.914
201703 1.211 105.752 1.861
201706 1.244 105.730 1.912
201709 1.042 106.035 1.597
201712 1.341 106.907 2.038
201803 1.263 107.670 1.906
201806 1.162 108.421 1.742
201809 1.247 109.369 1.853
201812 1.216 109.653 1.802
201903 1.321 110.339 1.946
201906 1.442 111.352 2.104
201909 1.153 111.821 1.676
201912 1.170 112.943 1.683
202003 0.869 114.468 1.234
202006 1.208 114.283 1.718
202009 1.009 115.275 1.422
202012 1.341 116.299 1.874
202103 1.147 117.770 1.583
202106 1.186 118.630 1.625
202109 1.222 121.431 1.635
202112 1.544 124.634 2.013
202203 1.557 128.850 1.964
202206 1.931 133.448 2.352
202209 1.711 138.101 2.013
202212 1.769 140.574 2.045
202303 1.660 143.145 1.885
202306 1.770 143.538 2.004
202309 1.532 145.172 1.715
202312 1.842 146.109 2.049
202403 1.570 148.551 1.718
202406 1.563 149.592 1.698
202409 1.444 151.212 1.552
202412 1.567 152.774 1.667
202503 1.565 155.783 1.633
202506 1.448 155.754 1.511
202509 1.363 157.870 1.403
202512 1.447 158.040 1.488
202603 1.352 160.190 1.372
202606 1.848 162.510 1.848

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is Banco De Chile (FRA:G4RA) Overvalued in 2026?

Based on GuruFocus' analysis, Banco De Chile stock appears to be overvalued. The current stock price of €35.80 is trading 44.8% above its estimated GF Value™ of €24.72.

Key valuation signals for FRA:G4RA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €24.72 vs. price of €35.80 (44.8% above fair value)
  • GF Score™: 63/100 with 9 warning signs

No single metric tells the full story. See the FRA:G4RA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco De Chile Business Description

Address Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile), Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.
63GF Score

Get the complete analysis for FRA:G4RA

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

€35.80
Price
€24.72
GF Value