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Agriculture Development Bank (XNEP:ADBL) Cyclically Adjusted Book per Share : NPR212.01 (As of Apr. 2024)


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What is Agriculture Development 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.

Agriculture Development Bank's adjusted book value per share for the three months ended in Apr. 2024 was NPR798.271. 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 NPR212.01 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Agriculture Development Bank's average Cyclically Adjusted Book Growth Rate was 14.20% 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.

As of today (2024-09-22), Agriculture Development Bank's current stock price is NPR353.10. Agriculture Development Bank's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was NPR212.01. Agriculture Development Bank's Cyclically Adjusted PB Ratio of today is 1.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Agriculture Development Bank was 2.53. The lowest was 1.13. And the median was 1.40.


Agriculture Development Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Agriculture Development 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.

Agriculture Development Bank Cyclically Adjusted Book per Share Chart

Agriculture Development Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 177.83 188.19

Agriculture Development Bank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 185.72 188.19 189.90 192.96 212.01

Competitive Comparison of Agriculture Development Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Agriculture Development 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.


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

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

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



Agriculture Development 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, Agriculture Development Bank's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=798.271/132.2892*132.2892
=798.271

Current CPI (Apr. 2024) = 132.2892.

Agriculture Development Bank Quarterly Data

Book Value per Share CPI Adj_Book
201407 122.484 100.520 161.195
201410 89.374 100.176 118.025
201501 86.333 98.604 115.827
201504 84.758 99.824 112.324
201507 141.495 100.691 185.899
201510 76.292 100.346 100.578
201601 77.160 99.957 102.118
201604 96.616 100.947 126.614
201607 124.682 101.524 162.466
201610 120.754 101.988 156.631
201701 99.438 102.456 128.392
201704 0.000 103.167 0.000
201707 128.080 103.278 164.058
201710 121.011 104.070 153.824
201801 0.000 104.578 0.000
201804 126.801 105.708 158.686
201807 145.137 106.324 180.581
201810 202.575 106.695 251.169
201901 216.322 106.200 269.464
201904 206.995 107.818 253.975
201907 176.163 108.250 215.284
201910 224.421 108.577 273.432
202001 209.341 108.841 254.441
202004 185.917 108.173 227.365
202007 159.391 109.318 192.885
202010 182.750 109.861 220.060
202101 224.849 110.364 269.518
202104 190.772 112.673 223.985
202107 202.568 115.183 232.652
202110 205.410 116.696 232.858
202201 211.181 118.619 235.518
202204 210.956 121.978 228.788
202207 217.039 125.002 229.692
202210 222.959 125.734 234.582
202301 212.209 126.223 222.408
202304 209.484 127.992 216.517
202307 212.265 128.974 217.721
202310 207.839 129.810 211.809
202401 213.273 130.124 216.821
202404 798.271 132.289 798.271

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


Agriculture Development Bank  (XNEP:ADBL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=353.10/212.01
=1.67

* 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 Agriculture Development Bank was 2.53. The lowest was 1.13. And the median was 1.40.


Be Aware

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


Agriculture Development Bank Cyclically Adjusted Book per Share Related Terms

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


Agriculture Development Bank Business Description

Traded in Other Exchanges
N/A
Address
Ramshah Path, Kathmandu, NPL
Agriculture Development Bank Ltd is engaged in banking products and services. The company provides institutional credit for the agricultural sector in Nepal. It also offers fixed deposit accounts, savings account, Ba-Ama saving account, auto loan, education loan, residential loan, home loans, and remittance services.

Agriculture Development Bank Headlines

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