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Banco BBVA Argentina (BUE:BBAR) Cyclically Adjusted PB Ratio : 10.37 (As of Jun. 08, 2024)


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What is Banco BBVA Argentina Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Banco BBVA Argentina's current share price is ARS4108.850098. Banco BBVA Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS396.41. Banco BBVA Argentina's Cyclically Adjusted PB Ratio for today is 10.37.

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

BUE:BBAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 5.54   Max: 13.93
Current: 10.33

During the past years, Banco BBVA Argentina's highest Cyclically Adjusted PB Ratio was 13.93. The lowest was 0.67. And the median was 5.54.

BUE:BBAR's Cyclically Adjusted PB Ratio is ranked worse than
98.74% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs BUE:BBAR: 10.33

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 BBVA Argentina's adjusted book value per share data for the three months ended in Mar. 2024 was ARS3,424.800. 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 ARS396.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco BBVA Argentina Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Banco BBVA Argentina'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 BBVA Argentina Cyclically Adjusted PB Ratio Chart

Banco BBVA Argentina 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 4.05 2.95 2.62 2.73 5.85

Banco BBVA Argentina 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 2.85 4.78 4.16 5.85 7.74

Competitive Comparison of Banco BBVA Argentina's Cyclically Adjusted PB Ratio

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

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

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



Banco BBVA Argentina 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 BBVA Argentina's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4108.850098/396.41
=10.37

* 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 BBVA Argentina's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Banco BBVA Argentina'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)
=3424.8/131.7762*131.7762
=3,424.800

Current CPI (Mar. 2024) = 131.7762.

Banco BBVA Argentina Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.204 100.560 21.234
201409 17.350 100.428 22.766
201412 18.834 99.070 25.052
201503 20.028 99.621 26.493
201506 21.018 100.684 27.509
201509 22.838 100.392 29.978
201512 25.004 99.792 33.018
201603 27.128 100.470 35.581
201606 27.243 101.688 35.304
201609 28.944 101.861 37.444
201612 69.312 101.863 89.667
201703 31.272 102.862 40.062
201706 30.756 103.349 39.216
201709 40.216 104.136 50.890
201712 80.080 104.011 101.457
201803 0.000 105.290 0.000
201806 53.638 106.317 66.483
201809 58.269 106.507 72.094
201812 114.276 105.998 142.068
201903 72.430 107.251 88.993
201906 79.613 108.070 97.077
201909 91.561 108.329 111.378
201912 183.889 108.420 223.503
202003 142.072 108.902 171.914
202006 151.910 108.767 184.045
202009 170.843 109.815 205.009
202012 276.851 109.897 331.969
202103 191.824 111.754 226.191
202106 212.606 114.631 244.404
202109 237.497 115.734 270.416
202112 508.015 117.630 569.111
202203 311.009 121.301 337.867
202206 375.170 125.017 395.455
202209 484.988 125.227 510.354
202212 1,809.337 125.222 1,904.042
202303 739.674 127.348 765.395
202306 911.659 128.729 933.241
202309 1,228.974 129.860 1,247.113
202312 2,279.722 129.419 2,321.237
202403 3,424.800 131.776 3,424.800

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 BBVA Argentina  (BUE:BBAR) 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 BBVA Argentina Cyclically Adjusted PB Ratio Related Terms

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


Banco BBVA Argentina (BUE:BBAR) Business Description

Traded in Other Exchanges
Address
Avenue Cordoba 111, 31st floor, Buenos Aires, ARG, C1054AAA
Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. It bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, and the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. Its geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.