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BanColombia (BOG:BCOLOMBIA) Cyclically Adjusted Book per Share : COP33,148.40 (As of Mar. 2024)


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What is BanColombia 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.

BanColombia's adjusted book value per share for the three months ended in Mar. 2024 was COP37,933.580. 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 COP33,148.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BanColombia's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 BanColombia was 18.50% per year. The lowest was 10.40% per year. And the median was 15.20% per year.

As of today (2024-05-21), BanColombia's current stock price is COP37200.00. BanColombia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was COP33,148.40. BanColombia's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BanColombia was 3.48. The lowest was 0.86. And the median was 2.02.


BanColombia Cyclically Adjusted Book per Share Historical Data

The historical data trend for BanColombia'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.

BanColombia Cyclically Adjusted Book per Share Chart

BanColombia 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 18,255.40 20,908.60 26,424.90 35,295.50 34,248.20

BanColombia 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 34,606.30 32,866.30 34,642.40 34,248.20 33,148.40

Competitive Comparison of BanColombia's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, BanColombia'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.


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

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

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



BanColombia 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, BanColombia'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)
=37933.58/131.7762*131.7762
=37,933.580

Current CPI (Mar. 2024) = 131.7762.

BanColombia Quarterly Data

Book Value per Share CPI Adj_Book
201406 18,030.345 100.560 23,627.508
201409 16,599.915 100.428 21,781.556
201412 17,541.519 99.070 23,332.610
201503 18,128.541 99.621 23,979.963
201506 18,803.103 100.684 24,609.709
201509 20,077.298 100.392 26,353.925
201512 20,044.612 99.792 26,468.978
201603 19,425.742 100.470 25,478.653
201606 20,104.632 101.688 26,053.314
201609 20,684.406 101.861 26,759.137
201612 22,111.651 101.863 28,605.067
201703 21,694.526 102.862 27,792.738
201706 22,697.410 103.349 28,940.537
201709 22,994.622 104.136 29,098.060
201712 24,030.272 104.011 30,445.000
201803 22,823.292 105.290 28,564.735
201806 23,641.867 106.317 29,303.322
201809 24,069.935 106.507 29,780.705
201812 25,835.124 105.998 32,118.131
201903 25,351.108 107.251 31,148.318
201906 26,402.062 108.070 32,193.759
201909 28,061.544 108.329 34,135.181
201912 27,950.888 108.420 33,972.131
202003 28,269.170 108.902 34,207.094
202006 27,523.540 108.767 33,345.937
202009 29,108.423 109.815 34,929.662
202012 27,598.756 109.897 33,093.404
202103 28,714.417 111.754 33,858.862
202106 30,156.026 114.631 34,666.300
202109 31,462.143 115.734 35,823.102
202112 33,513.664 117.630 37,544.181
202203 31,398.850 121.301 34,110.363
202206 34,602.518 125.017 36,473.405
202209 37,972.279 125.227 39,958.337
202212 40,640.264 125.222 42,767.470
202303 38,382.748 127.348 39,717.472
202306 37,992.944 128.729 38,892.382
202309 39,023.045 129.860 39,599.017
202312 39,601.209 129.419 40,322.369
202403 37,933.580 131.776 37,933.580

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


BanColombia  (BOG:BCOLOMBIA) 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.

BanColombia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37200.00/33148.4
=1.12

* 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 BanColombia was 3.48. The lowest was 0.86. And the median was 2.02.


Be Aware

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


BanColombia Cyclically Adjusted Book per Share Related Terms

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


BanColombia (BOG:BCOLOMBIA) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Los Industriales, Carrera 48 No. 26-85, Medellin, COL
BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company's operations are in Colombia, Panama, Costa Rica, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala.

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