Pubali Bank (DHA:PUBALIBANK) Cyclically Adjusted Book per Share: BDT29.75 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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DHA:PUBALIBANK Pubali Bank PLC DHA:PUBALIBANK
88 GF Score
Price BDT37.50
GF Value BDT28.65
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Pubali Bank Cyclically Adjusted Book per Share?

Pubali Bank DHA:PUBALIBANK +0.54% 88 Cyclically Adjusted Book per Share is BDT29.75 as of Mar. 2026. GuruFocus rates DHA:PUBALIBANK with a GF Score™ of 88/100 and a GF Value™ of BDT28.65 (Significantly Overvalued). 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.

Pubali Bank's adjusted book value per share for the three months ended in Mar. 2026 was BDT48.141. 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 BDT29.75 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 (2026-07-16), Pubali Bank's current stock price is BDT37.50. Pubali Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT29.75. Pubali Bank's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Pubali Bank was 1.24. The lowest was 0.79. And the median was 0.97.


Pubali Bank  (DHA:PUBALIBANK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.50/29.75
=1.26

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Pubali Bank was 1.24. The lowest was 0.79. And the median was 0.97.


Be Aware

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


Pubali Bank Cyclically Adjusted Book per Share Related Terms


Pubali Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Pubali 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.

Pubali Bank Cyclically Adjusted Book per Share Chart

Pubali 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 28.71

Pubali 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 27.16 28.12 28.71 29.75

Pubali Bank Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Pubali 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.


Pubali Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DHA:PUBALIBANK
88GF Score
Pubali Bank PLC DHA:PUBALIBANK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pubali 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, Pubali 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)
=48.141/330.2130*330.2130
=48.141

Current CPI (Mar. 2026) = 330.2130.

Pubali 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 15.645 241.432 21.398
201703 16.119 243.801 21.832
201706 16.140 244.955 21.758
201709 16.386 246.819 21.922
201712 15.398 246.524 20.625
201803 15.843 249.554 20.964
201806 16.480 251.989 21.596
201809 16.815 252.439 21.996
201812 17.421 251.233 22.898
201903 17.959 254.202 23.329
201906 18.205 256.143 23.469
201909 18.575 256.759 23.889
201912 20.568 256.974 26.430
202003 18.964 258.115 24.261
202006 19.358 257.797 24.796
202009 21.772 260.280 27.622
202012 25.056 260.474 31.764
202103 25.449 264.877 31.726
202106 25.868 271.696 31.439
202109 26.812 274.310 32.276
202112 25.667 278.802 30.400
202203 26.334 287.504 30.246
202206 25.463 296.311 28.376
202209 27.279 296.808 30.349
202212 27.633 296.797 30.744
202303 28.358 301.836 31.024
202306 28.140 305.109 30.455
202309 30.147 307.789 32.343
202312 29.075 306.746 31.299
202403 31.459 312.332 33.260
202406 32.805 314.175 34.480
202409 35.864 315.301 37.560
202412 34.311 315.605 35.899
202503 35.845 319.799 37.012
202506 36.810 322.561 37.683
202509 48.412 324.800 49.219
202512 45.268 324.054 46.128
202603 48.141 330.213 48.141

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 BDT29.75 mean?
Pubali Bank (DHA:PUBALIBANK) has a Cyclically Adjusted Book per Share of BDT29.75 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 Pubali Bank and its competitors.
Is Pubali Bank's Cyclically Adjusted Book per Share too high?
Pubali Bank's current Cyclically Adjusted Book per Share is BDT29.75. Overall, Pubali Bank has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pubali Bank's Cyclically Adjusted Book per Share compare to competitors?
Pubali Bank's Cyclically Adjusted Book per Share of BDT29.75 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 Pubali Bank and its competitors. Pubali Bank's current Cyclically Adjusted Book per Share is BDT29.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pubali Bank stock overvalued right now?
Based on GuruFocus' analysis, Pubali Bank (DHA:PUBALIBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT28.65, compared to a current price of BDT37.50 — trading 30.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is BDT29.75. Pubali Bank's overall GF Score™ is 88/100 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 Pubali Bank (DHA:PUBALIBANK), the current Cyclically Adjusted Book per Share is BDT29.75 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 Pubali Bank (DHA:PUBALIBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Pubali Bank stock appears to be overvalued. The current stock price of BDT37.50 is trading 30.9% above its estimated GF Value™ of BDT28.65. GuruFocus considers Pubali Bank to be Significantly Overvalued.

Key valuation signals for DHA:PUBALIBANK:

  • Cyclically Adjusted Book per Share: BDT29.75
  • GF Value™: BDT28.65 vs. price of BDT37.50 (30.9% above fair value)
  • GF Score™: 88/100 with 5 warning signs

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


Pubali Bank Business Description

Address 26, Dilkusha Commercial Area, G.P.O. Box Number 853, Dhaka, BGD, 1000
Pubali Bank PLC provides commercial banking services in Bangladesh. The bank offers deposit products that include savings bank accounts, fixed deposit accounts, short-term deposit accounts, current accounts, pension accounts, and foreign currency accounts. Its business segments are comprised of Conventional Banking, Islamic Banking, Off-shore Banking and Pubali Bank Securities Limited.
88GF Score

Get the complete analysis for DHA:PUBALIBANK

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

BDT37.50
Price
BDT28.65
GF Value