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Banco De Chile (LSE:BODD) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Banco De Chile Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco De Chile Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco De Chile'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 De Chile Cyclically Adjusted PB Ratio Chart

Banco De Chile 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 2.85 2.40 1.94 2.16 2.35

Banco De Chile 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 1.84 1.97 2.09 2.35 2.45

Competitive Comparison of Banco De Chile's Cyclically Adjusted PB Ratio

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

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

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



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

For example, Banco De Chile'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)
=37.001/146.1089*146.1089
=37.001

Current CPI (Mar. 2024) = 146.1089.

Banco De Chile Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.231 95.543 41.643
201409 25.123 96.883 37.888
201412 29.711 97.515 44.517
201503 25.006 98.539 37.078
201506 25.493 99.770 37.333
201509 23.630 101.383 34.055
201512 28.019 101.775 40.224
201603 25.527 102.930 36.236
201606 26.335 103.965 37.010
201609 27.020 104.521 37.771
201612 30.939 104.532 43.245
201703 27.280 105.752 37.691
201706 28.081 105.730 38.805
201709 29.769 106.035 41.020
201712 35.969 106.907 49.159
201803 31.999 107.670 43.423
201806 30.514 108.421 41.121
201809 30.416 109.369 40.633
201812 32.960 109.653 43.918
201903 30.250 110.339 40.057
201906 31.147 111.352 40.869
201909 29.450 111.821 38.480
201912 32.739 112.943 42.353
202003 26.188 114.468 33.427
202006 27.363 114.283 34.983
202009 28.894 115.275 36.623
202012 34.224 116.299 42.996
202103 32.569 117.770 40.406
202106 33.391 118.630 41.125
202109 31.392 121.431 37.772
202112 34.722 124.634 40.705
202203 33.302 128.850 37.763
202206 30.032 133.448 32.881
202209 30.276 138.101 32.032
202212 39.101 140.574 40.641
202303 37.188 143.145 37.958
202306 37.884 143.538 38.563
202309 34.594 145.172 34.817
202312 43.486 146.109 43.486
202403 37.001 146.109 37.001

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 De Chile  (LSE:BODD) 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 De Chile Cyclically Adjusted PB Ratio Related Terms

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


Banco De Chile (LSE:BODD) Business Description

Industry
Traded in Other Exchanges
Address
Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile (LSE:BODD) Headlines

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