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Banco de Credito e Inversiones (XSGO:BCI) Cyclically Adjusted Book per Share : CLP20,935.60 (As of Mar. 2024)


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What is Banco de Credito e Inversiones 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 de Credito e Inversiones's adjusted book value per share for the three months ended in Mar. 2024 was CLP29,963.903. 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 CLP20,935.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Banco de Credito e Inversiones's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% 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 Banco de Credito e Inversiones was 15.30% per year. The lowest was 15.30% per year. And the median was 15.30% per year.

As of today (2024-06-06), Banco de Credito e Inversiones's current stock price is CLP26824.00. Banco de Credito e Inversiones's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP20,935.60. Banco de Credito e Inversiones's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Banco de Credito e Inversiones was 2.04. The lowest was 0.97. And the median was 1.32.


Banco de Credito e Inversiones Cyclically Adjusted Book per Share Historical Data

The historical data trend for Banco de Credito e Inversiones'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 de Credito e Inversiones Cyclically Adjusted Book per Share Chart

Banco de Credito e Inversiones 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 - 13,381.20 15,491.00 18,609.40 20,525.50

Banco de Credito e Inversiones 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 19,200.80 19,526.50 20,046.10 20,525.50 20,935.60

Competitive Comparison of Banco de Credito e Inversiones's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Banco de Credito e Inversiones'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 de Credito e Inversiones's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco de Credito e Inversiones's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banco de Credito e Inversiones's Cyclically Adjusted PB Ratio falls into.



Banco de Credito e Inversiones 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 de Credito e Inversiones'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)
=29963.903/146.1089*146.1089
=29,963.903

Current CPI (Mar. 2024) = 146.1089.

Banco de Credito e Inversiones Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,178.782 95.543 14,036.659
201409 9,460.657 96.883 14,267.582
201412 9,978.298 97.515 14,950.722
201503 9,896.937 98.539 14,674.688
201506 10,449.712 99.770 15,303.111
201509 10,530.217 101.383 15,175.734
201512 10,872.011 101.775 15,607.920
201603 11,454.782 102.930 16,260.037
201606 12,248.368 103.965 17,213.426
201609 12,579.198 104.521 17,584.390
201612 12,832.957 104.532 17,937.248
201703 13,168.460 105.752 18,193.803
201706 13,544.327 105.730 18,716.966
201709 13,817.420 106.035 19,039.414
201712 13,900.834 106.907 18,998.171
201803 14,103.060 107.670 19,138.034
201806 14,576.862 108.421 19,643.827
201809 14,902.740 109.369 19,908.923
201812 16,417.733 109.653 21,876.172
201903 16,773.747 110.339 22,211.511
201906 16,982.265 111.352 22,282.991
201909 17,395.102 111.821 22,729.058
201912 18,003.561 112.943 23,290.337
202003 18,956.509 114.468 24,196.347
202006 18,874.793 114.283 24,131.085
202009 18,773.875 115.275 23,795.617
202012 18,488.575 116.299 23,227.629
202103 18,947.924 117.770 23,507.408
202106 19,139.157 118.630 23,572.383
202109 20,662.900 121.431 24,862.214
202112 21,333.810 124.634 25,009.725
202203 20,781.116 128.850 23,564.583
202206 22,065.300 133.448 24,158.694
202209 23,083.055 138.101 24,421.598
202212 22,676.015 140.574 23,568.851
202303 22,689.415 143.145 23,159.148
202306 23,783.277 143.538 24,209.325
202309 25,124.254 145.172 25,286.416
202312 27,747.868 146.109 27,747.868
202403 29,963.903 146.109 29,963.903

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


Banco de Credito e Inversiones  (XSGO:BCI) 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 de Credito e Inversiones's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26824.00/20935.6
=1.28

* 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 de Credito e Inversiones was 2.04. The lowest was 0.97. And the median was 1.32.


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 de Credito e Inversiones Cyclically Adjusted Book per Share Related Terms

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


Banco de Credito e Inversiones (XSGO:BCI) Business Description

Traded in Other Exchanges
N/A
Address
Avenida el Golf 125, Las Condes, Santiago, CHL
Banco de Credito e Inversiones SA is a commercial bank incorporated in Chile. The company operations are divided into three segments: retail banking, commercial banking and investment banking. Retail operations consist of savings accounts, demand deposits, consumer and mortgage loans, credit cards, investment and insurance products. The investment banking products and services include time deposits, mutual funds, and spot and futures transactions. The company also provides factoring, stock and insurance brokering, asset management, securitization, and financial consultancy. The company is present in Mexico City, Sao Paulo, Lima, Bogota, and Madrid.

Banco de Credito e Inversiones (XSGO:BCI) Headlines

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