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Credicorp (Credicorp) Cyclically Adjusted Book per Share : $0.00 (As of Dec. 2023)


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What is Credicorp 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.

Credicorp's adjusted book value per share for the three months ended in Dec. 2023 was $109.076. 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 $0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Credicorp's average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.60% 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 Credicorp was 17.50% per year. The lowest was 9.70% per year. And the median was 15.20% per year.

As of today (2024-04-30), Credicorp's current stock price is $167.99. Credicorp's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.00. Credicorp's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Credicorp was 7.58. The lowest was 1.42. And the median was 4.41.


Credicorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Credicorp'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.

Credicorp Cyclically Adjusted Book per Share Chart

Credicorp 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 53.91 59.74 69.08 78.11 -

Credicorp 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 78.11 80.80 82.97 85.05 -

Competitive Comparison of Credicorp's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Credicorp'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.


Credicorp's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



Credicorp 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, Credicorp'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)
=109.076/129.4194*129.4194
=109.076

Current CPI (Dec. 2023) = 129.4194.

Credicorp Quarterly Data

Book Value per Share CPI Adj_Book
201403 40.049 99.695 51.990
201406 42.894 100.560 55.204
201409 44.926 100.428 57.895
201412 46.980 99.070 61.372
201503 47.584 99.621 61.817
201506 49.581 100.684 63.732
201509 50.750 100.392 65.424
201512 54.015 99.792 70.051
201603 55.640 100.470 71.672
201606 59.133 101.688 75.259
201609 64.263 101.861 81.649
201612 66.075 101.863 83.950
201703 66.222 102.862 83.319
201706 69.669 103.349 87.243
201709 73.563 104.136 91.424
201712 73.123 104.011 90.986
201803 71.378 105.290 87.736
201806 73.310 106.317 89.240
201809 77.051 106.507 93.627
201812 80.104 105.998 97.804
201903 79.349 107.251 95.751
201906 73.310 108.070 87.793
201909 87.080 108.329 104.033
201912 87.874 108.420 104.894
202003 77.719 108.902 92.362
202006 78.708 108.767 93.653
202009 79.377 109.815 93.548
202012 83.856 109.897 98.753
202103 82.155 111.754 95.141
202106 84.234 114.631 95.101
202109 84.634 115.734 94.642
202112 88.309 117.630 97.160
202203 82.404 121.301 87.919
202206 87.916 125.017 91.012
202209 91.053 125.227 94.102
202212 97.416 125.222 100.682
202303 102.020 127.348 103.680
202306 100.854 128.729 101.395
202309 105.020 129.860 104.664
202312 109.076 129.419 109.076

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


Credicorp  (NYSE:BAP) 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 Credicorp was 7.58. The lowest was 1.42. And the median was 4.41.


Be Aware

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


Credicorp Cyclically Adjusted Book per Share Related Terms

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


Credicorp (Credicorp) Business Description

Industry
Traded in Other Exchanges
Address
Calle Centenario 156, La Molina, Lima, PER, 12
Credicorp Ltd is a financial services company in Peru. The company is involved mainly in commercial banking, providing trade finance, corporate finance, and leasing services. It also offers insurance for commercial property, transportation, automobile, life, health, and investment banking services: brokerage services, asset management, trust, custody and securitization services, trading and investment, and pension fund business. The company operates the following subsidiaries: Banco de Credito del Peru, Atlantic Security Bank, Prima AFP, El Pacifico-Peruano Suiza Compania de Seguros y Reaseguros, Credicorp Capital, and BCP Bolivia.

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