LankaBangla Finance (DHA:LANKABAFIN) Cyclically Adjusted Book per Share: BDT20.66 (As of Sep. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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DHA:LANKABAFIN LankaBangla Finance PLC DHA:LANKABAFIN
58 GF Score
Price BDT18.70
GF Value BDT22.57
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is LankaBangla Finance Cyclically Adjusted Book per Share?

LankaBangla Finance DHA:LANKABAFIN -1.06% 58 Cyclically Adjusted Book per Share is BDT20.66 as of Sep. 2025. GuruFocus rates DHA:LANKABAFIN with a GF Score™ of 58/100 and a GF Value™ of BDT22.57 (Modestly Undervalued). The stock has 5 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.

LankaBangla Finance's adjusted book value per share for the three months ended in Sep. 2025 was BDT19.008. 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 BDT20.66 for the trailing ten years ended in Sep. 2025.

During the past 12 months, LankaBangla Finance's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 LankaBangla Finance was 6.20% per year. The lowest was 6.20% per year. And the median was 6.20% per year.

As of today (2026-07-23), LankaBangla Finance's current stock price is BDT18.70. LankaBangla Finance's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was BDT20.66. LankaBangla Finance's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LankaBangla Finance was 2.36. The lowest was 0.59. And the median was 1.06.


LankaBangla Finance  (DHA:LANKABAFIN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.70/20.66
=0.91

* 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 LankaBangla Finance was 2.36. The lowest was 0.59. And the median was 1.06.


Be Aware

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


LankaBangla Finance Cyclically Adjusted Book per Share Related Terms


LankaBangla Finance Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for LankaBangla 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.

LankaBangla Finance Cyclically Adjusted Book per Share Chart

LankaBangla Finance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 16.73 18.65 19.33 20.03

LankaBangla Finance Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 19.96 20.03 20.33 20.51 20.66

DHA:LANKABAFIN vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, LankaBangla 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.


LankaBangla Finance Cyclically Adjusted PB Ratio vs Credit Services Industry

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

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


DHA:LANKABAFIN
58GF Score
LankaBangla Finance PLC DHA:LANKABAFIN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LankaBangla 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, LankaBangla Finance's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book= Book Value per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=19.008/324.8000*324.8000
=19.008

Current CPI (Sep. 2025) = 324.8000.

LankaBangla Finance Quarterly Data

Book Value per Share CPI Adj_Book
201512 12.459 236.525 17.109
201603 11.920 238.132 16.258
201606 12.290 241.018 16.562
201609 12.394 241.428 16.674
201612 13.305 241.432 17.899
201703 13.075 243.801 17.419
201706 13.746 244.955 18.227
201709 14.569 246.819 19.172
201712 16.569 246.524 21.830
201803 18.835 249.554 24.514
201806 19.196 251.989 24.743
201809 17.674 252.439 22.740
201812 18.230 251.233 23.568
201903 16.826 254.202 21.499
201906 17.213 256.143 21.827
201909 17.200 256.759 21.758
201912 17.598 256.974 22.243
202003 17.728 258.115 22.308
202006 17.740 257.797 22.351
202009 17.813 260.280 22.229
202012 18.645 260.474 23.250
202103 19.146 264.877 23.477
202106 18.242 271.696 21.807
202109 19.200 274.310 22.734
202112 19.818 278.802 23.088
202203 20.246 287.504 22.872
202206 19.396 296.311 21.261
202209 19.674 296.808 21.529
202212 20.020 296.797 21.909
202303 19.405 301.836 20.881
202306 18.526 305.109 19.722
202309 18.592 307.789 19.620
202312 18.816 306.746 19.923
202403 18.965 312.332 19.722
202406 19.017 314.175 19.660
202409 18.482 315.301 19.039
202412 18.325 315.605 18.859
202503 18.355 319.799 18.642
202506 18.532 322.561 18.661
202509 19.008 324.800 19.008

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 BDT20.66 mean?
LankaBangla Finance (DHA:LANKABAFIN) has a Cyclically Adjusted Book per Share of BDT20.66 as of Sep. 2025. 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 LankaBangla Finance and its competitors.
Is LankaBangla Finance's Cyclically Adjusted Book per Share too high?
LankaBangla Finance's current Cyclically Adjusted Book per Share is BDT20.66. Overall, LankaBangla Finance has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LankaBangla Finance's Cyclically Adjusted Book per Share compare to V and MA?
LankaBangla Finance's Cyclically Adjusted Book per Share of BDT20.66 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 LankaBangla Finance and its competitors. LankaBangla Finance's current Cyclically Adjusted Book per Share is BDT20.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LankaBangla Finance stock overvalued right now?
Based on GuruFocus' analysis, LankaBangla Finance (DHA:LANKABAFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT22.57, compared to a current price of BDT18.70 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is BDT20.66. LankaBangla Finance's overall GF Score™ is 58/100 with 5 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 LankaBangla Finance (DHA:LANKABAFIN), the current Cyclically Adjusted Book per Share is BDT20.66 as of Sep. 2025. 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 LankaBangla Finance (DHA:LANKABAFIN) Overvalued in 2026?

Based on GuruFocus' analysis, LankaBangla Finance stock appears to be undervalued. The current stock price of BDT18.70 is trading 17.1% below its estimated GF Value™ of BDT22.57. GuruFocus considers LankaBangla Finance to be Modestly Undervalued.

Key valuation signals for DHA:LANKABAFIN:

  • Cyclically Adjusted Book per Share: BDT20.66
  • GF Value™: BDT22.57 vs. price of BDT18.70 (17.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs

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


LankaBangla Finance Business Description

Address 20, Kemal Ataturk Avenue, Level 11, Safura Tower, Banani, Dhaka, BGD, 1213
LankaBangla Finance PLC is engaged in providing financial services. The company offers corporate financial services, personal financial services, SME financial services, stock broking, corporate advisory and wealth management services. It is a financial institution to operate credit card and provide third-party card processing services to different banks in Bangladesh. The company has four reportable segments being Core Financing Business; Brokerage; Investment Business, and Asset Management Business. It derives majority of its revenues from the Core Financing Business segment.
58GF Score

Get the complete analysis for DHA:LANKABAFIN

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

BDT18.70
Price
BDT22.57
GF Value