GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Aval Acciones y Valores SA (NYSE:AVAL) » Definitions » Cyclically Adjusted Book per Share

Grupo Aval Acciones y Valores (Grupo Aval Acciones y Valores) Cyclically Adjusted Book per Share : $4.58 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Grupo Aval Acciones y Valores Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Grupo Aval Acciones y Valores's adjusted book value per share for the three months ended in Dec. 2023 was $3.529. 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 $4.58 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Grupo Aval Acciones y Valores's average Cyclically Adjusted Book Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-16), Grupo Aval Acciones y Valores's current stock price is $2.4769. Grupo Aval Acciones y Valores's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.58. Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Aval Acciones y Valores was 1.49. The lowest was 0.48. And the median was 0.65.


Grupo Aval Acciones y Valores Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Aval Acciones y Valores's Cyclically Adjusted Book per Share 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.

Grupo Aval Acciones y Valores Cyclically Adjusted Book per Share Chart

Grupo Aval Acciones y Valores Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.86 3.93 4.58

Grupo Aval Acciones y Valores Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 3.93 3.66 4.27 4.48 4.58

Competitive Comparison of Grupo Aval Acciones y Valores's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Grupo Aval Acciones y Valores'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.


Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio falls into.



Grupo Aval Acciones y Valores Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Grupo Aval Acciones y Valores'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)
=3.529/129.4194*129.4194
=3.529

Current CPI (Dec. 2023) = 129.4194.

Grupo Aval Acciones y Valores Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 4.098 100.428 5.281
201412 6.542 99.070 8.546
201503 5.303 99.621 6.889
201506 4.830 100.684 6.208
201509 3.898 100.392 5.025
201512 4.159 99.792 5.394
201603 4.037 100.470 5.200
201606 4.351 101.688 5.538
201609 4.665 101.861 5.927
201612 4.554 101.863 5.786
201703 4.631 102.862 5.827
201706 4.577 103.349 5.732
201709 4.850 104.136 6.028
201712 4.850 104.011 6.035
201803 4.663 105.290 5.732
201806 4.919 106.317 5.988
201809 4.980 106.507 6.051
201812 4.941 105.998 6.033
201903 5.053 107.251 6.097
201906 4.871 108.070 5.833
201909 5.111 108.329 6.106
201912 5.075 108.420 6.058
202003 4.994 108.902 5.935
202006 4.804 108.767 5.716
202009 5.056 109.815 5.959
202012 5.203 109.897 6.127
202103 5.043 111.754 5.840
202106 5.242 114.631 5.918
202109 5.341 115.734 5.973
202112 5.241 117.630 5.766
202203 3.711 121.301 3.959
202206 3.668 125.017 3.797
202209 3.186 125.227 3.293
202212 2.908 125.222 3.005
202303 2.828 127.348 2.874
202306 3.128 128.729 3.145
202309 3.403 129.860 3.391
202312 3.529 129.419 3.529

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Grupo Aval Acciones y Valores  (NYSE:AVAL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.4769/4.58
=0.54

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Aval Acciones y Valores was 1.49. The lowest was 0.48. And the median was 0.65.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Grupo Aval Acciones y Valores Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Grupo Aval Acciones y Valores's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Aval Acciones y Valores (Grupo Aval Acciones y Valores) Business Description

Traded in Other Exchanges
Address
Carrera 13 No. 26A - 47, Bogota D.C., COL, 110311
Grupo Aval Acciones y Valores SA is a Colombian financial services company. Its local operations consist of commercial banking (Banco de Bogota, Banco de Occidente, Banco Popular, and Banco AV Villas), pension fund management (Porvenir), and merchant banking (Corficolombiana). Outside Colombia, the company offers (via BAC Credomatic operations) consumer and credit card banking businesses in Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama) and Mexico. BAC Credomatic has key alliances with major credit card networks, such as Visa, MasterCard, American Express, and Diners Club.

Grupo Aval Acciones y Valores (Grupo Aval Acciones y Valores) Headlines