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Habib Metropolitan Bank (KAR:HMB) Cyclically Adjusted Book per Share : ₨64.70 (As of Mar. 2025)


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What is Habib Metropolitan 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.

Habib Metropolitan Bank's adjusted book value per share for the three months ended in Mar. 2025 was ₨110.626. 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 ₨64.70 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Habib Metropolitan Bank's average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Habib Metropolitan Bank was 13.20% per year. The lowest was 13.20% per year. And the median was 13.20% per year.

As of today (2025-05-24), Habib Metropolitan Bank's current stock price is ₨90.00. Habib Metropolitan Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨64.70. Habib Metropolitan Bank's Cyclically Adjusted PB Ratio of today is 1.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Habib Metropolitan Bank was 1.59. The lowest was 0.56. And the median was 1.04.


Habib Metropolitan Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Habib Metropolitan 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.

Habib Metropolitan Bank Cyclically Adjusted Book per Share Chart

Habib Metropolitan Bank 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 - 42.88 48.14 54.36 62.26

Habib Metropolitan Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 56.73 58.58 60.55 62.26 64.70

Competitive Comparison of Habib Metropolitan Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Habib Metropolitan 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.


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

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

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


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Habib Metropolitan 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, Habib Metropolitan Bank's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=110.626/134.9266*134.9266
=110.626

Current CPI (Mar. 2025) = 134.9266.

Habib Metropolitan Bank Quarterly Data

Book Value per Share CPI Adj_Book
201506 34.574 100.684 46.333
201509 34.197 100.392 45.961
201512 35.180 99.792 47.566
201603 34.982 100.470 46.979
201606 36.322 101.688 48.194
201609 37.021 101.861 49.039
201612 37.924 101.863 50.234
201703 36.184 102.862 47.463
201706 36.973 103.349 48.270
201709 37.051 104.136 48.006
201712 38.864 104.011 50.416
201803 36.184 105.290 46.369
201806 36.925 106.317 46.861
201809 37.079 106.507 46.973
201812 35.538 105.998 45.237
201903 35.523 107.251 44.690
201906 36.077 108.070 45.043
201909 39.271 108.329 48.913
201912 42.503 108.420 52.894
202003 48.013 108.902 59.487
202006 55.274 108.767 68.568
202009 55.450 109.815 68.130
202012 55.351 109.897 67.958
202103 54.340 111.754 65.607
202106 57.898 114.631 68.149
202109 58.199 115.734 67.850
202112 60.497 117.630 69.393
202203 60.415 121.301 67.201
202206 67.411 125.017 72.755
202209 69.993 125.227 75.415
202212 71.617 125.222 77.167
202303 70.413 127.348 74.603
202306 77.756 128.729 81.500
202309 81.514 129.860 84.695
202312 89.705 129.419 93.522
202403 89.795 131.776 91.942
202406 95.825 132.554 97.540
202409 106.695 133.029 108.217
202412 110.752 133.157 112.224
202503 110.626 134.927 110.626

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


Habib Metropolitan Bank  (KAR:HMB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=90.00/64.70
=1.39

* 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 Habib Metropolitan Bank was 1.59. The lowest was 0.56. And the median was 1.04.


Be Aware

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


Habib Metropolitan Bank Cyclically Adjusted Book per Share Related Terms

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


Habib Metropolitan Bank Business Description

Traded in Other Exchanges
N/A
Address
I.I. Chundrigar Road, Ground Floor, HabibMetro Head Office, Karachi, SD, PAK, 74200
Habib Metropolitan Bank Ltd is a provider of commercial banking products and services to individual and corporate customers. The bank utilizes the medium of branch banking and electronic banking channels to render a hoard of products and services such as current and savings accounts, deposits, remittance, cash management services, E-salary accounts and web banking. Its operating segment includes Trade and Sales; Retail Banking and Commercial Banking, and Islamic Banking. The Bank conducts all its operations in Pakistan including an offshore branch in Karachi Export Processing Zone.

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