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DBH Finance (DHA:DBH) Cyclically Adjusted Book per Share : BDT33.47 (As of Sep. 2024)


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What is DBH Finance 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.

DBH Finance's adjusted book value per share for the three months ended in Sep. 2024 was BDT45.861. 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 BDT33.47 for the trailing ten years ended in Sep. 2024.

During the past 12 months, DBH Finance's average Cyclically Adjusted Book Growth Rate was 10.00% 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.

As of today (2025-05-10), DBH Finance's current stock price is BDT34.30. DBH Finance's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was BDT33.47. DBH Finance's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DBH Finance was 2.22. The lowest was 0.96. And the median was 1.86.


DBH Finance Cyclically Adjusted Book per Share Historical Data

The historical data trend for DBH Finance'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.

DBH Finance Cyclically Adjusted Book per Share Chart

DBH Finance Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 31.53 28.63 31.22

DBH Finance Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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 30.43 31.00 31.22 32.65 33.47

Competitive Comparison of DBH Finance's Cyclically Adjusted Book per Share

For the Credit Services subindustry, DBH Finance'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.


DBH Finance's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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


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DBH Finance 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, DBH Finance's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=45.861/133.0289*133.0289
=45.861

Current CPI (Sep. 2024) = 133.0289.

DBH Finance Quarterly Data

Book Value per Share CPI Adj_Book
201409 14.740 100.428 19.525
201412 13.739 99.070 18.448
201503 15.142 99.621 20.220
201506 15.943 100.684 21.065
201509 16.842 100.392 22.317
201512 15.640 99.792 20.849
201603 17.243 100.470 22.831
201606 18.144 101.688 23.736
201609 0.000 101.861 0.000
201612 18.057 101.863 23.582
201703 19.913 102.862 25.753
201706 20.055 103.349 25.814
201709 21.173 104.136 27.048
201712 21.910 104.011 28.023
201803 23.980 105.290 30.298
201806 23.031 106.317 28.818
201809 24.147 106.507 30.160
201812 25.341 105.998 31.803
201903 28.500 107.251 35.350
201906 26.746 108.070 32.923
201909 27.934 108.329 34.303
201912 29.205 108.420 35.834
202003 35.107 108.902 42.885
202006 29.244 108.767 35.767
202009 30.631 109.815 37.106
202012 32.337 109.897 39.144
202103 33.897 111.754 40.350
202106 33.673 114.631 39.077
202109 35.253 115.734 40.521
202112 36.423 117.630 41.191
202203 37.980 121.301 41.652
202206 37.846 125.017 40.271
202209 39.041 125.227 41.474
202212 40.155 125.222 42.659
202303 41.511 127.348 43.363
202306 41.191 128.729 42.567
202309 42.389 129.860 43.424
202312 43.634 129.419 44.851
202406 44.187 132.554 44.345
202409 45.861 133.029 45.861

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


DBH Finance  (DHA:DBH) 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.

DBH Finance's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.30/33.47
=1.02

* 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 DBH Finance was 2.22. The lowest was 0.96. And the median was 1.86.


Be Aware

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


DBH Finance Cyclically Adjusted Book per Share Related Terms

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


DBH Finance Business Description

Industry
Traded in Other Exchanges
N/A
Address
12-14 Gulshan North C/A, Landmark Building, 9th Floor, Gulshan-2, Dhaka, BGD, 1212
DBH Finance PLC provides financial services. The company provides loans for the construction of houses, purchases of flats or houses, extensions and improvements of existing houses or flats, and purchases of housing plots. The company has also various investment and financing products like term deposit schemes, cumulative deposits, triple money deposits, double money deposits, annual income deposits, quarterly income deposits, monthly income deposits, easy way deposits, etc. for its individual and corporate clients. The company's operating segments include its Core Financing Business which generates the majority of its revenue, and the Islamic Financing Business.

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