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Banco Da Amazonia (BSP:BAZA3) Cyclically Adjusted Book per Share : R$96.53 (As of Dec. 2023)


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What is Banco Da Amazonia 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 Da Amazonia's adjusted book value per share for the three months ended in Dec. 2023 was R$104.950. 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$96.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banco Da Amazonia's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -39.20% 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 Da Amazonia was -0.60% per year. The lowest was -69.10% per year. And the median was -35.00% per year.

As of today (2024-05-24), Banco Da Amazonia's current stock price is R$96.50. Banco Da Amazonia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$96.53. Banco Da Amazonia's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco Da Amazonia was 1.08. The lowest was 0.01. And the median was 0.39.


Banco Da Amazonia Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco Da Amazonia'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 Da Amazonia Cyclically Adjusted Book per Share Chart

Banco Da Amazonia 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 96.25 98.18 88.69 92.38 96.53

Banco Da Amazonia 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 92.38 93.60 94.43 95.28 96.53

Competitive Comparison of Banco Da Amazonia's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco Da Amazonia'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 Da Amazonia's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Banco Da Amazonia 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 Da Amazonia'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)
=104.95/157.1481*157.1481
=104.950

Current CPI (Dec. 2023) = 157.1481.

Banco Da Amazonia Quarterly Data

Book Value per Share CPI Adj_Book
201403 54.440 90.447 94.587
201406 56.047 91.838 95.905
201409 55.707 92.602 94.537
201412 57.229 94.194 95.478
201503 59.404 97.799 95.453
201506 60.012 100.006 94.302
201509 63.381 101.392 98.235
201512 64.336 104.247 96.984
201603 63.471 106.979 93.237
201606 65.794 108.851 94.987
201609 63.557 109.986 90.810
201612 65.524 110.802 92.931
201703 63.286 111.869 88.901
201706 66.116 112.115 92.673
201709 65.695 112.777 91.542
201712 63.037 114.068 86.844
201803 60.332 114.868 82.539
201806 62.943 117.038 84.514
201809 63.730 117.881 84.959
201812 64.819 118.340 86.075
201903 66.444 120.124 86.923
201906 67.169 120.977 87.252
201909 68.275 121.292 88.458
201912 73.532 123.436 93.614
202003 73.751 124.092 93.397
202006 77.455 123.557 98.512
202009 76.845 125.095 96.535
202012 80.808 129.012 98.431
202103 83.261 131.660 99.379
202106 91.047 133.871 106.878
202109 95.547 137.913 108.873
202112 98.467 141.992 108.977
202203 107.670 146.537 115.466
202206 149.464 149.784 156.813
202209 87.085 147.800 92.593
202212 86.363 150.207 90.354
202303 91.985 153.352 94.262
202306 97.445 154.519 99.103
202309 103.670 155.464 104.793
202312 104.950 157.148 104.950

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


Banco Da Amazonia  (BSP:BAZA3) 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 Da Amazonia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.50/96.53
=1.00

* 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 Da Amazonia was 1.08. The lowest was 0.01. And the median was 0.39.


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 Da Amazonia Cyclically Adjusted Book per Share Related Terms

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


Banco Da Amazonia (BSP:BAZA3) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida Presidente Vargas 800 - 9th Floor, Belem, PR, BRA, 66017000
Banco Da Amazonia SA is the federal financial support institution that promotes the development of the Amazon Region. It finances major infrastructure projects, lends to rural and urban businesses, and offers credit cards and mutual fund investments.

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