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Banco ABC Brasil (BSP:ABCB4) Cyclically Adjusted PB Ratio : 0.95 (As of May. 26, 2024)


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What is Banco ABC Brasil Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Banco ABC Brasil's current share 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 for today is 0.95.

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

BSP:ABCB4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.92   Max: 1.45
Current: 0.95

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

BSP:ABCB4's Cyclically Adjusted PB Ratio is ranked worse than
53.48% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs BSP:ABCB4: 0.95

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco ABC Brasil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco ABC Brasil'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.

Banco ABC Brasil Cyclically Adjusted PB Ratio Chart

Banco ABC Brasil 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 1.27 0.91 0.81 0.92 1.11

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 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 0.77 0.86 0.90 1.11 1.06

Competitive Comparison of Banco ABC Brasil's Cyclically Adjusted PB Ratio

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 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.

Banco ABC Brasil's Cyclically Adjusted PB Ratio for 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.

Banco ABC Brasil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Banco ABC Brasil  (BSP:ABCB4) 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.


Banco ABC Brasil Cyclically Adjusted PB Ratio Related Terms

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


Banco ABC Brasil (BSP:ABCB4) Business Description

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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