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Grupo Aval Acciones y Valores (BOG:PFAVAL) Cyclically Adjusted Book per Share : COP893.54 (As of Mar. 2024)


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What is Grupo Aval Acciones y Valores 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 Aval Acciones y Valores's adjusted book value per share for the three months ended in Mar. 2024 was COP692.914. 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 COP893.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo Aval Acciones y Valores's average Cyclically Adjusted Book Growth Rate was 3.10% 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.

As of today (2024-06-09), Grupo Aval Acciones y Valores's current stock price is COP451.00. Grupo Aval Acciones y Valores's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was COP893.54. Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Aval Acciones y Valores was 1.49. The lowest was 0.48. And the median was 0.64.


Grupo Aval Acciones y Valores Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Aval Acciones y Valores'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 Aval Acciones y Valores Cyclically Adjusted Book per Share Chart

Grupo Aval Acciones y Valores 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 - - 800.42 885.97 914.82

Grupo Aval Acciones y Valores 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 873.01 894.26 952.95 914.82 893.54

Competitive Comparison of Grupo Aval Acciones y Valores's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Grupo Aval Acciones y Valores'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 Aval Acciones y Valores's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio falls into.



Grupo Aval Acciones y Valores 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 Aval Acciones y Valores'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)
=692.914/131.7762*131.7762
=692.914

Current CPI (Mar. 2024) = 131.7762.

Grupo Aval Acciones y Valores Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 384.287 100.428 504.242
201412 613.438 99.070 815.956
201503 660.877 99.621 874.191
201506 615.794 100.684 805.958
201509 590.674 100.392 775.332
201512 653.814 99.792 863.364
201603 645.397 100.470 846.498
201606 676.976 101.688 877.284
201609 679.974 101.861 879.673
201612 699.671 101.863 905.140
201703 667.914 102.862 855.661
201706 696.710 103.349 888.346
201709 713.443 104.136 902.811
201712 730.899 104.011 926.008
201803 670.746 105.290 839.479
201806 710.493 106.317 880.633
201809 758.278 106.507 938.185
201812 798.414 105.998 992.585
201903 778.013 107.251 955.927
201906 821.803 108.070 1,002.078
201909 866.852 108.329 1,054.473
201912 890.919 108.420 1,082.843
202003 873.937 108.902 1,057.507
202006 894.924 108.767 1,084.238
202009 934.101 109.815 1,120.907
202012 927.126 109.897 1,111.708
202103 914.501 111.754 1,078.342
202106 962.950 114.631 1,106.973
202109 1,002.594 115.734 1,141.563
202112 1,032.882 117.630 1,157.101
202203 728.437 121.301 791.343
202206 691.558 125.017 728.949
202209 706.151 125.227 743.085
202212 693.536 125.222 729.837
202303 683.568 127.348 707.338
202306 693.470 128.729 709.887
202309 689.940 129.860 700.123
202312 706.832 129.419 719.704
202403 692.914 131.776 692.914

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


Grupo Aval Acciones y Valores  (BOG:PFAVAL) 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.

Grupo Aval Acciones y Valores's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=451.00/893.54
=0.50

* 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 Grupo Aval Acciones y Valores was 1.49. The lowest was 0.48. And the median was 0.64.


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 Aval Acciones y Valores Cyclically Adjusted Book per Share Related Terms

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


Grupo Aval Acciones y Valores (BOG:PFAVAL) Business Description

Traded in Other Exchanges
Address
Carrera 13 No. 26A - 47, Bogota D.C., COL, 110311
Grupo Aval Acciones y Valores SA is a Colombian financial services company. Its local operations consist of commercial banking (Banco de Bogota, Banco de Occidente, Banco Popular, and Banco AV Villas), pension fund management (Porvenir), and merchant banking (Corficolombiana). Outside Colombia, the company offers (via BAC Credomatic operations) consumer and credit card banking businesses in Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama) and Mexico. BAC Credomatic has key alliances with major credit card networks, such as Visa, MasterCard, American Express, and Diners Club.

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