Credicorp - BAP Net Assets per Single Share

Credicorp Ltd. maintains its status as Peru's leading financial conglomerate, benefiting from low competition and low-cost deposits. The book value per share helps assess real capital stability, while 139.45 captures the current state of this parameter. The company is betting on digitalization via Yape and the expansion of micro-lending across Latin America, creating new growth drivers while political risks are already priced in.

The indicator is calculated as the difference between all assets and liabilities, divided by the number of shares. This metric determines the actual value of a shareholder's stake after the company's debts are fully settled. For Credicorp Ltd. (BAP), the costs of retaining IT talent and digital transformation impact asset capitalization. A decrease in the calculated book value per share indicates the write-down of impaired resources. The price action of this calculated book value per share reveals hidden risks of business undervaluation.