GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southeast Bank PLC (DHA:SOUTHEASTB) » Definitions » Cyclically Adjusted Book per Share

Southeast Bank (DHA:SOUTHEASTB) Cyclically Adjusted Book per Share : BDT26.32 (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Southeast Bank 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.

Southeast Bank's adjusted book value per share for the three months ended in Sep. 2024 was BDT24.381. 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 BDT26.32 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Southeast Bank's average Cyclically Adjusted Book Growth Rate was 3.00% 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 (2025-06-04), Southeast Bank's current stock price is BDT6.90. Southeast Bank's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was BDT26.32. Southeast Bank's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Southeast Bank was 0.53. The lowest was 0.27. And the median was 0.45.


Southeast Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Southeast 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.

* Premium members only.

Southeast Bank Cyclically Adjusted Book per Share Chart

Southeast Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 24.53 25.52

Southeast Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 25.55 25.52 25.95 26.18 26.32

Competitive Comparison of Southeast Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Southeast 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.


Southeast Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


;
;

Southeast 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, Southeast Bank'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)
=24.381/133.0289*133.0289
=24.381

Current CPI (Sep. 2024) = 133.0289.

Southeast Bank Quarterly Data

Book Value per Share CPI Adj_Book
201412 18.351 99.070 24.641
201503 17.873 99.621 23.867
201506 18.366 100.684 24.266
201509 19.685 100.392 26.085
201512 20.343 99.792 27.118
201603 20.781 100.470 27.515
201606 19.696 101.688 25.766
201609 20.207 101.861 26.390
201612 19.832 101.863 25.900
201703 20.705 102.862 26.777
201706 19.272 103.349 24.807
201709 20.121 104.136 25.704
201712 19.309 104.011 24.696
201803 19.745 105.290 24.947
201806 20.382 106.317 25.503
201809 21.130 106.507 26.392
201812 21.023 105.998 26.384
201903 21.310 107.251 26.432
201906 22.748 108.070 28.002
201909 23.276 108.329 28.583
201912 22.805 108.420 27.981
202003 23.661 108.902 28.903
202006 24.238 108.767 29.645
202009 25.909 109.815 31.386
202012 22.210 109.897 26.885
202103 23.334 111.754 27.776
202106 24.868 114.631 28.859
202109 24.319 115.734 27.953
202112 22.422 117.630 25.357
202203 23.875 121.301 26.183
202206 24.856 125.017 26.449
202209 24.275 125.227 25.787
202212 22.997 125.222 24.431
202303 24.089 127.348 25.164
202306 25.348 128.729 26.195
202309 24.714 129.860 25.317
202312 23.961 129.419 24.629
202403 24.574 131.776 24.808
202406 24.740 132.554 24.829
202409 24.381 133.029 24.381

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


Southeast Bank  (DHA:SOUTHEASTB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.90/26.32
=0.26

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Southeast Bank was 0.53. The lowest was 0.27. And the median was 0.45.


Be Aware

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


Southeast Bank Cyclically Adjusted Book per Share Related Terms

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


Southeast Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
Eunoos Trade Centre (Level 2,3,4,6,16 & 17), 52-53, Dilkusha Commercial Area, Dhaka, BGD, 1000
Southeast Bank PLC is a commercial bank. The company provides services for all commercial banking needs of the customers, which includes deposit banking, loans, and advances, export-import financing, inland, and international remittance facility, etc.

Southeast Bank Headlines

No Headlines