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Bancontander (Bancontander) Cyclically Adjusted PB Ratio : 0.80 (As of Apr. 27, 2024)


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What is Bancontander Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Bancontander's current share price is $5.45. Bancontander's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $6.78. Bancontander's Cyclically Adjusted PB Ratio for today is 0.80.

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

BCDRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.56   Max: 0.99
Current: 0.75

During the past years, Bancontander's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.23. And the median was 0.56.

BCDRF's Cyclically Adjusted PB Ratio is ranked better than
64.25% of 1172 companies
in the Banks industry
Industry Median: 0.92 vs BCDRF: 0.75

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's adjusted book value per share data for the three months ended in Dec. 2023 was $6.550. 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 $6.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bancontander Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bancontander'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 Cyclically Adjusted PB Ratio Chart

Bancontander 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 0.52 0.40 0.46 0.43 0.58

Bancontander 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 0.43 0.53 0.52 0.56 0.58

Competitive Comparison of Bancontander's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Bancontander'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's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.45/6.78
=0.80

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

For example, Bancontander'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)
=6.55/121.2698*121.2698
=6.550

Current CPI (Dec. 2023) = 121.2698.

Bancontander Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.298 100.139 10.049
201406 8.311 101.081 9.971
201409 8.737 100.441 10.549
201412 7.605 100.251 9.199
201503 6.794 99.474 8.283
201506 6.775 101.138 8.124
201509 6.540 99.559 7.966
201512 6.271 100.268 7.584
201603 6.358 98.638 7.817
201606 6.511 100.333 7.870
201609 6.524 99.737 7.933
201612 6.211 101.842 7.396
201703 6.412 100.896 7.707
201706 6.458 101.848 7.689
201709 6.840 101.524 8.170
201712 6.644 102.975 7.824
201803 6.957 102.122 8.261
201806 6.525 104.165 7.596
201809 6.586 103.818 7.693
201812 6.483 104.193 7.546
201903 6.592 103.488 7.725
201906 6.578 104.612 7.625
201909 6.221 103.905 7.261
201912 6.415 105.015 7.408
202003 6.152 103.469 7.210
202006 5.351 104.254 6.224
202009 5.562 103.521 6.516
202012 5.725 104.456 6.647
202103 5.671 104.857 6.559
202106 5.943 107.102 6.729
202109 5.819 107.669 6.554
202112 5.757 111.298 6.273
202203 5.741 115.153 6.046
202206 5.634 118.044 5.788
202209 5.366 117.221 5.551
202212 5.620 117.650 5.793
202303 5.893 118.948 6.008
202306 6.257 120.278 6.309
202309 6.215 121.343 6.211
202312 6.550 121.270 6.550

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  (OTCPK:BCDRF) 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 Cyclically Adjusted PB Ratio Related Terms

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


Bancontander (Bancontander) Business Description

Address
Avenida de Cantabria s/n, Boadilla del Monte, Ciudad Grupo Santander, Madrid, ESP, 28660
Santander's focus is on retail and commercial banking. Latin America is geographically the most significant operation, with Brazil making the largest contribution. Its continental European business is mainly in Spain and Portugal. Santander's U.K. presence is the result of its acquisition of Abbey building society. In the U.S., Santander operates a vehicle finance business and a regional bank focused on the Northeastern states.