IFIC Bank (DHA:IFIC) Cyclically Adjusted Book per Share: BDT16.56 (As of Mar. 2026)


DHA:IFIC IFIC Bank PLC DHA:IFIC
39 GF Score
Price BDT5.10
GF Value BDT3.05
Valuation Significantly Overvalued
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What is IFIC Bank Cyclically Adjusted Book per Share?

IFIC Bank DHA:IFIC +2.00% 39 Cyclically Adjusted Book per Share is BDT16.56 as of Mar. 2026. GuruFocus rates DHA:IFIC with a GF Score™ of 39/100 and a GF Value™ of BDT3.05 (Significantly Overvalued).

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.

IFIC Bank's adjusted book value per share for the three months ended in Mar. 2026 was BDT0.482. 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 BDT16.56 for the trailing ten years ended in Mar. 2026.

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 (2026-07-01), IFIC Bank's current stock price is BDT5.10. IFIC Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT16.56. IFIC Bank's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of IFIC Bank was 0.38. The lowest was 0.23. And the median was 0.30.


IFIC Bank  (DHA:IFIC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.10/16.56
=0.31

* 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 11 years, the highest Cyclically Adjusted PB Ratio of IFIC Bank was 0.38. The lowest was 0.23. And the median was 0.30.


Be Aware

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


IFIC Bank Cyclically Adjusted Book per Share Related Terms


IFIC Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for IFIC 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.

IFIC Bank Cyclically Adjusted Book per Share Chart

IFIC 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 0.00 0.00 0.00 16.69

IFIC 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 0.00 0.00 16.90 16.69 16.56

IFIC Bank Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, IFIC 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.


IFIC Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DHA:IFIC
39GF Score
IFIC Bank PLC DHA:IFIC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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IFIC 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, IFIC 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)
=0.482/330.2130*330.2130
=0.482

Current CPI (Mar. 2026) = 330.2130.

IFIC Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 9.321 241.432 12.749
201703 9.577 243.801 12.971
201706 16.375 244.955 22.074
201709 10.951 246.819 14.651
201712 11.500 246.524 15.404
201803 11.677 249.554 15.451
201806 11.770 251.989 15.424
201809 11.839 252.439 15.486
201812 12.319 251.233 16.192
201903 12.665 254.202 16.452
201906 13.116 256.143 16.909
201909 13.423 256.759 17.263
201912 13.809 256.974 17.745
202003 14.079 258.115 18.012
202006 14.159 257.797 18.136
202009 14.400 260.280 18.269
202012 14.466 260.474 18.339
202103 14.804 264.877 18.456
202106 15.227 271.696 18.507
202109 15.536 274.310 18.702
202112 15.731 278.802 18.632
202203 15.927 287.504 18.293
202206 16.334 296.311 18.203
202209 16.685 296.808 18.563
202212 17.486 296.797 19.455
202303 17.810 301.836 19.484
202306 18.472 305.109 19.992
202309 0.000 307.789 0.000
202312 18.795 306.746 20.233
202403 19.012 312.332 20.100
202406 19.146 314.175 20.123
202409 19.145 315.301 20.050
202412 18.159 315.605 19.000
202503 15.630 319.799 16.139
202506 12.335 322.561 12.628
202509 8.906 324.800 9.054
202512 4.965 324.054 5.059
202603 0.482 330.213 0.482

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 BDT16.56 mean?
IFIC Bank (DHA:IFIC) has a Cyclically Adjusted Book per Share of BDT16.56 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 IFIC Bank and its competitors.
Is IFIC Bank's Cyclically Adjusted Book per Share too high?
IFIC Bank's current Cyclically Adjusted Book per Share is BDT16.56. Overall, IFIC Bank has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IFIC Bank's Cyclically Adjusted Book per Share compare to competitors?
IFIC Bank's Cyclically Adjusted Book per Share of BDT16.56 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 IFIC Bank and its competitors. IFIC Bank's current Cyclically Adjusted Book per Share is BDT16.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFIC Bank stock overvalued right now?
Based on GuruFocus' analysis, IFIC Bank (DHA:IFIC) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT3.05, compared to a current price of BDT5.10 — trading 67.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is BDT16.56. IFIC Bank's overall GF Score™ is 39/100. 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 IFIC Bank (DHA:IFIC), the current Cyclically Adjusted Book per Share is BDT16.56 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 IFIC Bank (DHA:IFIC) Overvalued in 2026?

Based on GuruFocus' analysis, IFIC Bank stock appears to be overvalued. The current stock price of BDT5.10 is trading 67.2% above its estimated GF Value™ of BDT3.05. GuruFocus considers IFIC Bank to be Significantly Overvalued.

Key valuation signals for DHA:IFIC:

  • Cyclically Adjusted Book per Share: BDT16.56
  • GF Value™: BDT3.05 vs. price of BDT5.10 (67.2% above fair value)
  • GF Score™: 39/100

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


IFIC Bank Business Description

Address 61 Purana Paltan, GPO Box : 2229, IFIC Tower, Dhaka, BGD, 1000
IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.
39GF Score

Get the complete analysis for DHA:IFIC

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

BDT5.10
Price
BDT3.05
GF Value