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Grupo Security (XSGO:SECURITY) Cyclically Adjusted Book per Share : CLP0.00 (As of Mar. 2024)


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What is Grupo Security 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.

Grupo Security's adjusted book value per share for the three months ended in Mar. 2024 was CLP261.379. 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 CLP0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo Security's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Grupo Security was 9.20% per year. The lowest was 9.20% per year. And the median was 9.20% per year.

As of today (2024-06-01), Grupo Security's current stock price is CLP276.08. Grupo Security's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP0.00. Grupo Security's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Security was 1.13. The lowest was 0.51. And the median was 0.70.


Grupo Security Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Security'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.

Grupo Security Cyclically Adjusted Book per Share Chart

Grupo Security 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 - 193.60 211.37 240.48 251.90

Grupo Security 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 245.25 246.25 249.52 251.90 -

Competitive Comparison of Grupo Security's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Grupo Security'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.


Grupo Security's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Grupo Security 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, Grupo Security'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)
=261.379/146.1089*146.1089
=261.379

Current CPI (Mar. 2024) = 146.1089.

Grupo Security Quarterly Data

Book Value per Share CPI Adj_Book
201406 156.603 95.543 239.485
201409 159.129 96.883 239.982
201412 160.299 97.515 240.180
201503 163.865 98.539 242.971
201506 165.868 99.770 242.906
201509 165.585 101.383 238.635
201512 167.782 101.775 240.869
201603 175.610 102.930 249.278
201606 175.896 103.965 247.198
201609 179.202 104.521 250.505
201612 178.116 104.532 248.961
201703 181.534 105.752 250.811
201706 182.896 105.730 252.745
201709 216.487 106.035 298.304
201712 191.395 106.907 261.578
201803 192.549 107.670 261.291
201806 190.965 108.421 257.345
201809 193.217 109.369 258.123
201812 197.157 109.653 262.706
201903 202.292 110.339 267.872
201906 204.735 111.352 268.640
201909 201.374 111.821 263.122
201912 208.078 112.943 269.180
202003 205.328 114.468 262.083
202006 206.467 114.283 263.964
202009 207.451 115.275 262.941
202012 206.695 116.299 259.676
202103 209.364 117.770 259.744
202106 208.056 118.630 256.248
202109 208.622 121.431 251.020
202112 208.985 124.634 244.994
202203 214.256 128.850 242.954
202206 213.453 133.448 233.704
202209 217.152 138.101 229.744
202212 228.539 140.574 237.537
202303 234.671 143.145 239.529
202306 236.416 143.538 240.651
202309 244.192 145.172 245.768
202312 258.843 146.109 258.843
202403 261.379 146.109 261.379

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


Grupo Security  (XSGO:SECURITY) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Security was 1.13. The lowest was 0.51. And the median was 0.70.


Be Aware

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


Grupo Security Cyclically Adjusted Book per Share Related Terms

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


Grupo Security (XSGO:SECURITY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Apoquindo 3150, Piso 14, Las Condes, Santiago, CHL
Grupo Security SA is a Chile-based diversified financial company. It offers banking, insurance, asset management, and other services to individuals and large and midsize companies. Grupo Security has four main business segments: Banco Security & Factoring Security for lending, Inversiones Security for asset management and stock brokerage, Vida Security for insurance, and Travel Security & Inmobiliaria Security for nonfinancial products and services. Banco Security & Factoring Security is focused on commercial banking but also offers treasury and other services. Inversiones Security provides advisory services to help private, corporate, and institutional customers manage assets. Vida Security provides traditional life insurance and annuities.

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