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Banco De Bogota (BOG:BOGOTA) Cyclically Adjusted PB Ratio : 0.51 (As of May. 16, 2024)


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What is Banco De Bogota Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Banco De Bogota's current share price is COP28280.00. Banco De Bogota's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was COP55,308.60. Banco De Bogota's Cyclically Adjusted PB Ratio for today is 0.51.

The historical rank and industry rank for Banco De Bogota's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOG:BOGOTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.62   Max: 1.41
Current: 0.51

During the past years, Banco De Bogota's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.43. And the median was 0.62.

BOG:BOGOTA's Cyclically Adjusted PB Ratio is ranked better than
81.7% of 1186 companies
in the Banks industry
Industry Median: 0.935 vs BOG:BOGOTA: 0.51

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 De Bogota's adjusted book value per share data for the three months ended in Dec. 2023 was COP44,223.543. 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 COP55,308.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco De Bogota Cyclically Adjusted PB Ratio Historical Data

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

Banco De Bogota 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 - - 1.27 0.69 0.50

Banco De Bogota Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.69 0.58 0.59 0.46 0.50

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

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

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

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



Banco De Bogota 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 Bogota's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28280.00/55308.6
=0.51

* 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 De Bogota's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Banco De Bogota'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)
=44223.543/129.4194*129.4194
=44,223.543

Current CPI (Dec. 2023) = 129.4194.

Banco De Bogota Quarterly Data

Book Value per Share CPI Adj_Book
201403 30,127.901 99.695 39,110.832
201406 31,142.254 100.560 40,079.871
201409 28,964.863 100.428 37,326.469
201412 34,251.927 99.070 44,744.900
201503 33,946.265 99.621 44,100.148
201506 32,485.278 100.684 41,756.678
201509 32,685.129 100.392 42,135.936
201512 38,078.085 99.792 49,382.948
201603 36,933.639 100.470 47,575.499
201606 37,971.347 101.688 48,326.490
201609 44,217.523 101.861 56,180.533
201612 46,267.769 101.863 58,784.490
201703 44,385.094 102.862 55,844.540
201706 46,376.022 103.349 58,074.593
201709 47,100.762 104.136 58,536.681
201712 48,350.494 104.011 60,161.770
201803 44,558.560 105.290 54,770.344
201806 46,472.579 106.317 56,571.053
201809 48,974.081 106.507 59,509.835
201812 52,122.700 105.998 63,639.832
201903 50,705.933 107.251 61,186.954
201906 53,446.582 108.070 64,005.335
201909 56,392.134 108.329 67,370.780
201912 57,789.163 108.420 68,982.032
202003 57,970.449 108.902 68,892.538
202006 58,643.822 108.767 69,778.769
202009 61,029.119 109.815 71,924.229
202012 59,026.298 109.897 69,512.016
202103 59,044.366 111.754 68,377.499
202106 62,286.887 114.631 70,322.194
202109 68,692.774 115.734 76,815.409
202112 71,006.122 117.630 78,123.002
202203 42,965.088 121.301 45,840.644
202206 44,206.209 125.017 45,762.978
202209 45,878.266 125.227 47,414.386
202212 44,378.242 125.222 45,865.859
202303 43,127.817 127.348 43,829.388
202306 43,742.875 128.729 43,977.579
202309 43,675.598 129.860 43,527.579
202312 44,223.543 129.419 44,223.543

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 Bogota  (BOG:BOGOTA) 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 Bogota Cyclically Adjusted PB Ratio Related Terms

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


Banco De Bogota (BOG:BOGOTA) Business Description

Traded in Other Exchanges
N/A
Address
36th street No. 7-47, Piso 15, Bogota, COL, 3436
Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.

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