BRAC Bank (DHA:BRACBANK) Cyclically Adjusted Book per Share: BDT26.40 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:BRACBANK BRAC Bank PLC DHA:BRACBANK
91 GF Score
Price BDT63.90
GF Value BDT54.95
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is BRAC Bank Cyclically Adjusted Book per Share?

BRAC Bank DHA:BRACBANK -0.31% 91 Cyclically Adjusted Book per Share is BDT26.40 as of Mar. 2026. GuruFocus rates DHA:BRACBANK with a GF Score™ of 91/100 and a GF Value™ of BDT54.95 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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.

BRAC Bank's adjusted book value per share for the three months ended in Mar. 2026 was BDT48.804. 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 BDT26.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BRAC Bank's average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.80% 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 BRAC Bank was 13.80% per year. The lowest was 13.80% per year. And the median was 13.80% per year.

As of today (2026-07-30), BRAC Bank's current stock price is BDT63.90. BRAC Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT26.40. BRAC Bank's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BRAC Bank was 3.04. The lowest was 1.31. And the median was 1.71.


BRAC Bank  (DHA:BRACBANK) 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.

BRAC Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.90/26.40
=2.42

* 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 BRAC Bank was 3.04. The lowest was 1.31. And the median was 1.71.


Be Aware

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


BRAC Bank Cyclically Adjusted Book per Share Related Terms


BRAC Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BRAC Bank'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.

BRAC Bank Cyclically Adjusted Book per Share Chart

BRAC Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 16.99 19.15 21.53 25.02

BRAC Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.43 23.27 24.26 25.02 26.40

BRAC Bank Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, BRAC Bank'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.


BRAC Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DHA:BRACBANK
91GF Score
BRAC Bank PLC DHA:BRACBANK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRAC Bank 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, BRAC Bank's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=48.804/330.2130*330.2130
=48.804

Current CPI (Mar. 2026) = 330.2130.

BRAC Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.820 241.018 13.454
201609 9.246 241.428 12.646
201612 9.738 241.432 13.319
201703 10.304 243.801 13.956
201706 10.472 244.955 14.117
201709 11.107 246.819 14.860
201712 11.656 246.524 15.613
201803 12.232 249.554 16.186
201806 13.599 251.989 17.820
201809 14.170 252.439 18.536
201812 15.396 251.233 20.236
201903 15.967 254.202 20.741
201906 16.510 256.143 21.284
201909 16.900 256.759 21.735
201912 17.725 256.974 22.777
202003 18.171 258.115 23.247
202006 17.894 257.797 22.920
202009 19.579 260.280 24.840
202012 21.013 260.474 26.639
202103 20.988 264.877 26.165
202106 21.119 271.696 25.668
202109 21.420 274.310 25.785
202112 24.977 278.802 29.583
202203 25.455 287.504 29.236
202206 25.179 296.311 28.060
202209 27.869 296.808 31.006
202212 28.728 296.797 31.962
202303 29.416 301.836 32.182
202306 27.350 305.109 29.600
202309 28.264 307.789 30.323
202312 29.063 306.746 31.286
202403 30.197 312.332 31.926
202406 30.880 314.175 32.456
202409 32.761 315.301 34.310
202412 34.248 315.605 35.833
202503 36.368 319.799 37.552
202506 37.047 322.561 37.926
202509 44.982 324.800 45.732
202512 44.837 324.054 45.689
202603 48.804 330.213 48.804

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

What does a Cyclically Adjusted Book per Share of BDT26.40 mean?
BRAC Bank (DHA:BRACBANK) has a Cyclically Adjusted Book per Share of BDT26.40 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on BRAC Bank and its competitors.
Is BRAC Bank's Cyclically Adjusted Book per Share too high?
BRAC Bank's current Cyclically Adjusted Book per Share is BDT26.40. Overall, BRAC Bank has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRAC Bank's Cyclically Adjusted Book per Share compare to competitors?
BRAC Bank's Cyclically Adjusted Book per Share of BDT26.40 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on BRAC Bank and its competitors. BRAC Bank's current Cyclically Adjusted Book per Share is BDT26.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRAC Bank stock overvalued right now?
Based on GuruFocus' analysis, BRAC Bank (DHA:BRACBANK) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT54.95, compared to a current price of BDT63.90 — trading 16.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is BDT26.40. BRAC Bank's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For BRAC Bank (DHA:BRACBANK), the current Cyclically Adjusted Book per Share is BDT26.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BRAC Bank (DHA:BRACBANK) Overvalued in 2026?

Based on GuruFocus' analysis, BRAC Bank stock appears to be overvalued. The current stock price of BDT63.90 is trading 16.3% above its estimated GF Value™ of BDT54.95. GuruFocus considers BRAC Bank to be Modestly Overvalued.

Key valuation signals for DHA:BRACBANK:

  • Cyclically Adjusted Book per Share: BDT26.40
  • GF Value™: BDT54.95 vs. price of BDT63.90 (16.3% above fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the DHA:BRACBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BRAC Bank Business Description

Address Tejgaon-Gulshan Link Road, Anik Tower, 220/B, Tejgaon Industrial Area, Dhaka, BGD, 1208
BRAC Bank PLC is a Bangladesh-based banking corporation that provides various banking and non-banking services. Its services include deposit schemes such as current deposits, saving deposits, term deposits and other deposits. The company also provides loans and advances, guarantees, term loans, business loans, home loans and other credit facilities. In addition, it offers brokerage services to local institutions, retail clients and non-resident Bangladeshis. The group operates its business through reportable segments namely Small and medium enterprises, Retail, Corporate and Treasury.
91GF Score

Get the complete analysis for DHA:BRACBANK

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT63.90
Price
BDT54.95
GF Value