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CaixaBank (MEX:CABK) Cyclically Adjusted Book per Share : MXN88.32 (As of Jun. 2024)


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What is CaixaBank 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.

CaixaBank's adjusted book value per share for the three months ended in Jun. 2024 was MXN96.319. 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 MXN88.32 for the trailing ten years ended in Jun. 2024.

During the past 12 months, CaixaBank's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 CaixaBank was 8.40% per year. The lowest was 6.80% per year. And the median was 7.70% per year.

As of today (2024-10-09), CaixaBank's current stock price is MXN122.30. CaixaBank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN88.32. CaixaBank's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CaixaBank was 1.16. The lowest was 0.40. And the median was 0.71.


CaixaBank Cyclically Adjusted Book per Share Historical Data

The historical data trend for CaixaBank'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.

CaixaBank Cyclically Adjusted Book per Share Chart

CaixaBank 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 73.91 103.93 102.75 95.69 102.58

CaixaBank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 91.45 86.78 102.58 85.51 88.32

Competitive Comparison of CaixaBank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, CaixaBank'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.


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

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

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



CaixaBank 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, CaixaBank's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=96.319/124.4086*124.4086
=96.319

Current CPI (Jun. 2024) = 124.4086.

CaixaBank Quarterly Data

Book Value per Share CPI Adj_Book
201409 77.596 100.441 96.112
201412 80.217 100.251 99.547
201503 75.682 99.474 94.653
201506 78.532 101.138 96.602
201509 78.734 99.559 98.386
201512 81.019 100.268 100.525
201603 77.800 98.638 98.127
201606 86.389 100.333 107.118
201609 85.834 99.737 107.067
201612 85.602 101.842 104.570
201703 82.182 100.896 101.333
201706 81.488 101.848 99.538
201709 88.935 101.524 108.982
201712 94.991 102.975 114.763
201803 90.636 102.122 110.416
201806 91.760 104.165 109.593
201809 88.237 103.818 105.737
201812 90.923 104.193 108.564
201903 90.643 103.488 108.967
201906 86.975 104.612 103.434
201909 89.726 103.905 107.432
201912 88.059 105.015 104.322
202003 104.854 103.469 126.074
202006 105.968 104.254 126.454
202009 106.764 103.521 128.306
202012 102.237 104.456 121.766
202103 107.308 104.857 127.316
202106 102.867 107.102 119.489
202109 105.417 107.669 121.807
202112 101.872 111.298 113.872
202203 97.717 115.153 105.571
202206 94.162 118.044 99.239
202209 90.976 117.221 96.554
202212 92.798 117.650 98.129
202303 84.971 118.948 88.872
202306 84.288 120.278 87.182
202309 87.761 121.343 89.978
202312 91.225 121.300 93.563
202403 84.227 122.762 85.357
202406 96.319 124.409 96.319

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


CaixaBank  (MEX:CABK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=122.30/88.32
=1.38

* 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 CaixaBank was 1.16. The lowest was 0.40. And the median was 0.71.


Be Aware

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


CaixaBank Cyclically Adjusted Book per Share Related Terms

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


CaixaBank Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CaixaBank SA (MEX:CABK) » Definitions » Cyclically Adjusted Book per Share
Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. Its operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. It consists of business segments of the Banking and insurance business, BPI, and Corporate center. The majority of its revenue comes from the Banking and insurance business. It has a geographic presence in Spain, Portugal, America, the Rest of the European Union, and the Rest of the world. In which Spain generates the majority of its revenue.

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