Machhapuchchhre Bank (XNEP:MBL) Cyclically Adjusted Book per Share: NPR133.49 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XNEP:MBL Machhapuchchhre Bank Ltd XNEP:MBL
71 GF Score
Price NPR248.00
GF Value NPR253.35
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Machhapuchchhre Bank Cyclically Adjusted Book per Share?

Machhapuchchhre Bank XNEP:MBL 71 Cyclically Adjusted Book per Share is NPR133.49 as of Apr. 2026. GuruFocus rates XNEP:MBL with a GF Score™ of 71/100 and a GF Value™ of NPR253.35 (Fairly Valued). The stock has 1 warning sign 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.

Machhapuchchhre Bank's adjusted book value per share for the three months ended in Apr. 2026 was NPR193.102. 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 NPR133.49 for the trailing ten years ended in Apr. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Machhapuchchhre Bank was 5.80% per year. The lowest was 5.80% per year. And the median was 5.80% per year.

As of today (2026-07-20), Machhapuchchhre Bank's current stock price is NPR248.00. Machhapuchchhre Bank's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was NPR133.49. Machhapuchchhre Bank's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Machhapuchchhre Bank was 2.34. The lowest was 1.32. And the median was 1.81.


Machhapuchchhre Bank  (XNEP:MBL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=248.00/133.49
=1.86

* 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 Machhapuchchhre Bank was 2.34. The lowest was 1.32. And the median was 1.81.


Be Aware

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


Machhapuchchhre Bank Cyclically Adjusted Book per Share Related Terms


Machhapuchchhre Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Machhapuchchhre 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.

Machhapuchchhre Bank Cyclically Adjusted Book per Share Chart

Machhapuchchhre Bank Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 105.33 113.02 119.12 124.88

Machhapuchchhre Bank Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 124.88 126.15 126.81 133.49

Machhapuchchhre Bank Cyclically Adjusted Book per Share Competitor Comparison

For the Banks - Regional subindustry, Machhapuchchhre 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.


Machhapuchchhre Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


XNEP:MBL
71GF Score
Machhapuchchhre Bank Ltd XNEP:MBL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=193.102/333.0200*333.0200
=193.102

Current CPI (Apr. 2026) = 333.0200.

Machhapuchchhre Bank Quarterly Data

Book Value per Share CPI Adj_Book
201607 87.614 240.628 121.254
201610 88.406 241.729 121.793
201701 0.000 242.839 0.000
201704 77.443 244.524 105.470
201707 85.348 244.786 116.112
201710 85.882 246.663 115.949
201801 78.648 247.867 105.667
201804 81.488 250.546 108.312
201807 85.692 252.006 113.240
201810 88.933 252.885 117.114
201901 85.454 251.712 113.057
201904 89.277 255.548 116.342
201907 93.023 256.571 120.741
201910 88.705 257.346 114.789
202001 92.408 257.971 119.291
202004 95.285 256.389 123.764
202007 95.964 259.101 123.342
202010 98.816 260.388 126.379
202101 100.146 261.582 127.496
202104 104.418 267.054 130.211
202107 106.584 273.003 130.015
202110 111.220 276.589 133.912
202201 114.215 281.148 135.288
202204 118.546 289.109 136.551
202207 119.884 296.276 134.752
202210 127.112 298.012 142.044
202301 128.173 299.170 142.675
202304 131.149 303.363 143.970
202307 133.729 305.691 145.684
202310 137.377 307.671 148.695
202401 139.488 308.417 150.615
202404 139.862 313.548 148.548
202407 141.641 314.540 149.963
202410 147.369 315.664 155.472
202501 148.348 317.671 155.516
202504 0.000 320.795 0.000
202507 156.527 323.048 161.359
202510 154.625 0.000
202601 161.818 325.252 165.683
202604 193.102 333.020 193.102

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 NPR133.49 mean?
Machhapuchchhre Bank (XNEP:MBL) has a Cyclically Adjusted Book per Share of NPR133.49 as of Apr. 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 Machhapuchchhre Bank and its competitors.
Is Machhapuchchhre Bank's Cyclically Adjusted Book per Share too high?
Machhapuchchhre Bank's current Cyclically Adjusted Book per Share is NPR133.49. Overall, Machhapuchchhre Bank has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Machhapuchchhre Bank's Cyclically Adjusted Book per Share compare to competitors?
Machhapuchchhre Bank's Cyclically Adjusted Book per Share of NPR133.49 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 Machhapuchchhre Bank and its competitors. Machhapuchchhre Bank's current Cyclically Adjusted Book per Share is NPR133.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Machhapuchchhre Bank stock overvalued right now?
Based on GuruFocus' analysis, Machhapuchchhre Bank (XNEP:MBL) is currently considered Fairly Valued. The stock's GF Value™ is NPR253.35, compared to a current price of NPR248.00 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NPR133.49. Machhapuchchhre Bank's overall GF Score™ is 71/100 with 1 warning sign 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 Machhapuchchhre Bank (XNEP:MBL), the current Cyclically Adjusted Book per Share is NPR133.49 as of Apr. 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 Machhapuchchhre Bank (XNEP:MBL) Overvalued in 2026?

Based on GuruFocus' analysis, Machhapuchchhre Bank stock appears to be undervalued. The current stock price of NPR248.00 is trading 2.1% below its estimated GF Value™ of NPR253.35. GuruFocus considers Machhapuchchhre Bank to be Fairly Valued.

Key valuation signals for XNEP:MBL:

  • Cyclically Adjusted Book per Share: NPR133.49
  • GF Value™: NPR253.35 vs. price of NPR248.00 (2.1% below fair value)
  • GF Score™: 71/100 with 1 warning sign

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


Machhapuchchhre Bank Business Description

Address Lazimpat, MBL Tower, Kathmandu, NPL, 12427
Machhapuchchhre Bank Ltd provides commercial banking services in Nepal. Its products and services cover deposits, loans, visa debit cards, mobile money, SME banking, remittance services, ATM services, internet banking, locker facility, and trade products. The bank also launched loan products for small-scale farmers, youths, and women entrepreneurs involved in small businesses. Its operating segment includes Banking, Treasury; Transaction Banking and Others. The company generates maximum revenue from the Banking segment.
71GF Score

Get the complete analysis for XNEP:MBL

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

NPR248.00
Price
NPR253.35
GF Value