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Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Cyclically Adjusted PB Ratio : 0.92 (As of Jun. 05, 2024)


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What is Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Banco Latinoamericano de Comercio Exterior's current share price is $29.12. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $31.73. Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio for today is 0.92.

The historical rank and industry rank for Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio or its related term are showing as below:

BLX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.91   Max: 1.76
Current: 0.92

During the past years, Banco Latinoamericano de Comercio Exterior's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.32. And the median was 0.91.

BLX's Cyclically Adjusted PB Ratio is ranked worse than
51.76% of 1192 companies
in the Banks industry
Industry Median: 0.92 vs BLX: 0.92

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 Latinoamericano de Comercio Exterior's adjusted book value per share data for the three months ended in Mar. 2024 was $33.705. 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 $31.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco Latinoamericano de Comercio Exterior'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 Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio Chart

Banco Latinoamericano de Comercio Exterior 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 0.85 0.61 0.59 0.54 0.80

Banco Latinoamericano de Comercio Exterior 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 0.57 0.72 0.68 0.80 0.93

Competitive Comparison of Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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 Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio falls into.



Banco Latinoamericano de Comercio Exterior 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 Latinoamericano de Comercio Exterior's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.12/31.73
=0.92

* 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 Latinoamericano de Comercio Exterior's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Banco Latinoamericano de Comercio Exterior'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)
=33.705/131.7762*131.7762
=33.705

Current CPI (Mar. 2024) = 131.7762.

Banco Latinoamericano de Comercio Exterior Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.178 100.560 30.373
201409 23.438 100.428 30.754
201412 23.494 99.070 31.250
201503 24.197 99.621 32.007
201506 24.389 100.684 31.921
201509 24.681 100.392 32.397
201512 24.941 99.792 32.935
201603 25.167 100.470 33.009
201606 25.381 101.688 32.891
201609 25.814 101.861 33.395
201612 25.825 101.863 33.409
201703 25.975 102.862 33.276
201706 26.019 103.349 33.176
201709 26.210 104.136 33.167
201712 26.448 104.011 33.508
201803 26.469 105.290 33.128
201806 26.424 106.317 32.752
201809 25.012 106.507 30.946
201812 25.130 105.998 31.242
201903 25.211 107.251 30.976
201906 25.315 108.070 30.868
201909 25.481 108.329 30.996
201912 25.659 108.420 31.187
202003 25.710 108.902 31.110
202006 25.758 108.767 31.207
202009 25.855 109.815 31.026
202012 26.159 109.897 31.367
202103 26.111 111.754 30.789
202106 26.186 114.631 30.102
202109 26.639 115.734 30.331
202112 27.374 117.630 30.666
202203 27.698 121.301 30.090
202206 28.035 125.017 29.551
202209 28.876 125.227 30.386
202212 29.439 125.222 30.980
202303 30.058 127.348 31.103
202306 30.882 128.729 31.613
202309 31.773 129.860 32.242
202312 32.945 129.419 33.545
202403 33.705 131.776 33.705

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 Latinoamericano de Comercio Exterior  (NYSE:BLX) 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 Latinoamericano de Comercio Exterior Cyclically Adjusted PB Ratio Related Terms

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


Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Traded in Other Exchanges
Address
Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.