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BCO Estado de Sergipe - Banese (BSP:BGIP4) Cyclically Adjusted Book per Share : R$31.72 (As of Jun. 2024)


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What is BCO Estado de Sergipe - Banese 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.

BCO Estado de Sergipe - Banese's adjusted book value per share for the three months ended in Jun. 2024 was R$40.067. 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 R$31.72 for the trailing ten years ended in Jun. 2024.

During the past 12 months, BCO Estado de Sergipe - Banese's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of BCO Estado de Sergipe - Banese was 10.00% per year. The lowest was 9.70% per year. And the median was 9.90% per year.

As of today (2024-10-31), BCO Estado de Sergipe - Banese's current stock price is R$23.73. BCO Estado de Sergipe - Banese's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was R$31.72. BCO Estado de Sergipe - Banese's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BCO Estado de Sergipe - Banese was 2.92. The lowest was 0.65. And the median was 1.26.


BCO Estado de Sergipe - Banese Cyclically Adjusted Book per Share Historical Data

The historical data trend for BCO Estado de Sergipe - Banese'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.

BCO Estado de Sergipe - Banese Cyclically Adjusted Book per Share Chart

BCO Estado de Sergipe - Banese 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 17.15 16.43 20.46 21.18 29.06

BCO Estado de Sergipe - Banese Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 32.18 29.88 29.06 30.74 31.72

Competitive Comparison of BCO Estado de Sergipe - Banese's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BCO Estado de Sergipe - Banese'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.


BCO Estado de Sergipe - Banese's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BCO Estado de Sergipe - Banese's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BCO Estado de Sergipe - Banese's Cyclically Adjusted PB Ratio falls into.



BCO Estado de Sergipe - Banese 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, BCO Estado de Sergipe - Banese's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=40.067/161.0515*161.0515
=40.067

Current CPI (Jun. 2024) = 161.0515.

BCO Estado de Sergipe - Banese Quarterly Data

Book Value per Share CPI Adj_Book
201409 18.132 92.602 31.535
201412 18.137 94.194 31.010
201503 18.331 97.799 30.187
201506 19.220 100.006 30.952
201509 20.238 101.392 32.146
201512 18.786 104.247 29.023
201603 19.359 106.979 29.144
201606 19.487 108.851 28.832
201609 20.667 109.986 30.262
201612 21.769 110.802 31.641
201703 22.373 111.869 32.209
201706 21.736 112.115 31.224
201709 22.576 112.777 32.240
201712 23.500 114.068 33.179
201803 24.807 114.868 34.781
201806 25.271 117.038 34.775
201809 26.077 117.881 35.627
201812 26.421 118.340 35.957
201903 27.660 120.124 37.084
201906 23.727 120.977 31.587
201909 24.790 121.292 32.916
201912 28.238 123.436 36.843
202003 29.322 124.092 38.055
202006 31.992 123.557 41.700
202009 32.402 125.095 41.715
202012 31.575 129.012 39.416
202103 33.132 131.660 40.528
202106 34.830 133.871 41.902
202109 36.249 137.913 42.331
202112 36.534 141.992 41.438
202203 37.312 146.537 41.008
202206 37.703 149.784 40.539
202209 37.901 147.800 41.299
202212 38.762 150.207 41.561
202303 38.657 153.352 40.598
202306 35.165 154.519 36.652
202309 36.290 155.464 37.594
202312 37.462 157.148 38.393
202403 37.939 159.372 38.339
202406 40.067 161.052 40.067

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


BCO Estado de Sergipe - Banese  (BSP:BGIP4) 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.

BCO Estado de Sergipe - Banese's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.73/31.72
=0.75

* 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 BCO Estado de Sergipe - Banese was 2.92. The lowest was 0.65. And the median was 1.26.


Be Aware

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


BCO Estado de Sergipe - Banese Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of BCO Estado de Sergipe - Banese's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BCO Estado de Sergipe - Banese Business Description

Traded in Other Exchanges
Address
Rua F - 31, Aracaju, SE, BRA, 49040240
BCO Estado de Sergipe SA - Banese offers a range of banking products and services to individuals and corporates in the areas of loans and deposits, investment banking, portfolio management, leasing, pension, as well as life and property insurance and Internet banking services.

BCO Estado de Sergipe - Banese Headlines

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