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Banco ABC Brasil (BSP:ABCB4) Cyclically Adjusted Book per Share : R$22.90 (As of Mar. 2024)


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What is Banco ABC Brasil 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.

Banco ABC Brasil's adjusted book value per share for the three months ended in Mar. 2024 was R$25.441. 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$22.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco ABC Brasil's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Banco ABC Brasil was 10.70% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-05-26), Banco ABC Brasil's current stock price is R$21.74. Banco ABC Brasil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$22.90. Banco ABC Brasil's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco ABC Brasil was 1.45. The lowest was 0.72. And the median was 0.92.


Banco ABC Brasil Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco ABC Brasil'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.

Banco ABC Brasil Cyclically Adjusted Book per Share Chart

Banco ABC Brasil 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 15.42 16.84 19.21 20.92 22.45

Banco ABC Brasil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.49 21.78 22.07 22.45 22.90

Competitive Comparison of Banco ABC Brasil's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco ABC Brasil'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.


Banco ABC Brasil's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco ABC Brasil 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, Banco ABC Brasil's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=25.441/159.3724*159.3724
=25.441

Current CPI (Mar. 2024) = 159.3724.

Banco ABC Brasil Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.611 91.838 20.149
201409 11.837 92.602 20.372
201412 12.175 94.194 20.600
201503 12.355 97.799 20.134
201506 12.717 100.006 20.266
201509 12.867 101.392 20.225
201512 13.000 104.247 19.874
201603 14.725 106.979 21.937
201606 15.071 108.851 22.066
201609 15.161 109.986 21.969
201612 15.511 110.802 22.310
201703 15.565 111.869 22.174
201706 15.876 112.115 22.568
201709 16.015 112.777 22.632
201712 16.329 114.068 22.814
201803 16.692 114.868 23.159
201806 16.644 117.038 22.664
201809 17.061 117.881 23.066
201812 16.974 118.340 22.859
201903 17.134 120.124 22.732
201906 17.574 120.977 23.152
201909 17.890 121.292 23.507
201912 18.370 123.436 23.718
202003 18.444 124.092 23.688
202006 18.662 123.557 24.072
202009 19.131 125.095 24.373
202012 19.240 129.012 23.768
202103 19.424 131.660 23.512
202106 19.721 133.871 23.478
202109 20.229 137.913 23.377
202112 20.785 141.992 23.329
202203 21.247 146.537 23.108
202206 21.853 149.784 23.252
202209 22.527 147.800 24.291
202212 23.123 150.207 24.534
202303 23.493 153.352 24.415
202306 24.053 154.519 24.809
202309 25.622 155.464 26.266
202312 25.053 157.148 25.408
202403 25.441 159.372 25.441

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


Banco ABC Brasil  (BSP:ABCB4) 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.

Banco ABC Brasil's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.74/22.9
=0.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco ABC Brasil was 1.45. The lowest was 0.72. And the median was 0.92.


Be Aware

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


Banco ABC Brasil Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Banco ABC Brasil's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco ABC Brasil (BSP:ABCB4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenide Cidade Jardim, 803 - 2nd floor, Itaim Bibi, Sao Paulo, SP, BRA, 01453-000
Banco ABC Brasil SA operates in the banking sector of Brazil. The core operation of the group is offering credit to institutional and retail customers. The Bank's financial products and services include foreign & local currency loans, various types of guarantees, international trade financing, derivative operations, investments financing, as well as mergers & acquisitions advisory, and others. It also conducts capital market operations and other banking services.

Banco ABC Brasil (BSP:ABCB4) Headlines

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