Doha Bank QPSC (DSMD:DHBK) Cyclically Adjusted Book per Share: ر.ق5.49 (As of Jun. 2026)

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DSMD:DHBK Doha Bank QPSC DSMD:DHBK
43 GF Score
Price ر.ق2.90
GF Value ر.ق2.10
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Doha Bank QPSC Cyclically Adjusted Book per Share?

Doha Bank QPSC DSMD:DHBK +1.58% 43 Cyclically Adjusted Book per Share is ر.ق5.49 as of Jun. 2026. GuruFocus rates DSMD:DHBK with a GF Score™ of 43/100 and a GF Value™ of ر.ق2.10 (Significantly Overvalued). The stock has 6 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.

Doha Bank QPSC's adjusted book value per share for the three months ended in Jun. 2026 was ر.ق4.924. 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 ر.ق5.49 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Doha Bank QPSC's average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Doha Bank QPSC was 6.40% per year. The lowest was 1.40% per year. And the median was 5.40% per year.

As of today (2026-08-30), Doha Bank QPSC's current stock price is ر.ق2.899. Doha Bank QPSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ر.ق5.49. Doha Bank QPSC's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Doha Bank QPSC was 0.68. The lowest was 0.25. And the median was 0.49.


Doha Bank QPSC  (DSMD:DHBK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.899/5.49
=0.53

* 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 Doha Bank QPSC was 0.68. The lowest was 0.25. And the median was 0.49.


Be Aware

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


Doha Bank QPSC Cyclically Adjusted Book per Share Related Terms


Doha Bank QPSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Doha Bank QPSC'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.

Doha Bank QPSC Cyclically Adjusted Book per Share Chart

Doha Bank QPSC 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 4.83 5.20 5.34 5.42 5.42

Doha Bank QPSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.48 5.47 5.42 5.48 5.49

DSMD:DHBK vs JPM, BAC, WFC: Cyclically Adjusted Book per Share Comparison

For the Banks - Diversified subindustry, Doha Bank QPSC'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.


Doha Bank QPSC Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DSMD:DHBK
43GF Score
Doha Bank QPSC DSMD:DHBK
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Doha Bank QPSC 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, Doha Bank QPSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.924/333.9520*333.9520
=4.924

Current CPI (Jun. 2026) = 333.9520.

Doha Bank QPSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.026 241.428 6.952
201612 5.001 241.432 6.917
201703 5.034 243.801 6.895
201706 4.706 244.955 6.416
201709 4.837 246.819 6.545
201712 4.776 246.524 6.470
201803 4.007 249.554 5.362
201806 4.046 251.989 5.362
201809 4.209 252.439 5.568
201812 4.107 251.233 5.459
201903 4.157 254.202 5.461
201906 4.276 256.143 5.575
201909 4.340 256.759 5.645
201912 4.295 256.974 5.582
202003 3.916 258.115 5.067
202006 4.285 257.797 5.551
202009 4.439 260.280 5.695
202012 4.449 260.474 5.704
202103 4.502 264.877 5.676
202106 4.574 271.696 5.622
202109 4.661 274.310 5.674
202112 4.598 278.802 5.508
202203 4.508 287.504 5.236
202206 4.487 296.311 5.057
202209 4.577 296.808 5.150
202212 4.541 296.797 5.109
202303 4.477 301.836 4.953
202306 4.575 305.109 5.007
202309 4.636 307.789 5.030
202312 4.659 306.746 5.072
202403 4.674 312.332 4.998
202406 4.722 314.175 5.019
202409 4.816 315.301 5.101
202412 4.779 315.605 5.057
202503 4.724 319.799 4.933
202506 4.799 322.561 4.968
202509 5.066 324.800 5.209
202512 5.062 324.054 5.217
202603 4.848 330.213 4.903
202606 4.924 333.952 4.924

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 ر.ق5.49 mean?
Doha Bank QPSC (DSMD:DHBK) has a Cyclically Adjusted Book per Share of ر.ق5.49 as of Jun. 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 Doha Bank QPSC and its competitors.
Is Doha Bank QPSC's Cyclically Adjusted Book per Share too high?
Doha Bank QPSC's current Cyclically Adjusted Book per Share is ر.ق5.49. Overall, Doha Bank QPSC has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Doha Bank QPSC's Cyclically Adjusted Book per Share compare to JPM and BAC?
Doha Bank QPSC's Cyclically Adjusted Book per Share of ر.ق5.49 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 Doha Bank QPSC and its competitors. Doha Bank QPSC's current Cyclically Adjusted Book per Share is ر.ق5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doha Bank QPSC stock overvalued right now?
Based on GuruFocus' analysis, Doha Bank QPSC (DSMD:DHBK) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ق2.10, compared to a current price of ر.ق2.90 — trading 38% above its estimated fair value. The current Cyclically Adjusted Book per Share is ر.ق5.49. Doha Bank QPSC's overall GF Score™ is 43/100 with 6 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 Doha Bank QPSC (DSMD:DHBK), the current Cyclically Adjusted Book per Share is ر.ق5.49 as of Jun. 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 Doha Bank QPSC (DSMD:DHBK) Overvalued in 2026?

Based on GuruFocus' analysis, Doha Bank QPSC stock appears to be overvalued. The current stock price of ر.ق2.90 is trading 38% above its estimated GF Value™ of ر.ق2.10. GuruFocus considers Doha Bank QPSC to be Significantly Overvalued.

Key valuation signals for DSMD:DHBK:

  • Cyclically Adjusted Book per Share: ر.ق5.49
  • GF Value™: ر.ق2.10 vs. price of ر.ق2.90 (38% above fair value)
  • GF Score™: 43/100 with 6 warning signs

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


Doha Bank QPSC Business Description

Address Corniche Street, West Bay, P.O. Box 3818, Doha Bank Tower, Doha, QAT
Doha Bank QPSC is engaged in conventional banking activities. The company provides its services to individuals, commercial, corporate, and institutional clients across Qatar and internationally. Its segments include Conventional Banking and Insurance Activities. Conventional banking includes Corporate banking, Retail Banking, and Unallocated assets, liabilities, and revenue. Whereas Insurance Activities include various types of Insurances. The company derives maximum revenue from the Conventional Banking segment. Geographically, it derives a majority of its revenue from Qatar, and also operates in the Middle East, other GCC countries, and the rest of the world.
43GF Score

Get the complete analysis for DSMD:DHBK

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

ر.ق2.90
Price
ر.ق2.10
GF Value