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Miteri Development Bank (XNEP:MDB) Cyclically Adjusted Book per Share : NPR93.95 (As of Oct. 2024)


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What is Miteri 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.

Miteri Development Bank's adjusted book value per share for the three months ended in Oct. 2024 was NPR131.515. 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 NPR93.95 for the trailing ten years ended in Oct. 2024.

During the past 12 months, Miteri Development Bank's average Cyclically Adjusted Book Growth Rate was 9.70% 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 (2025-05-27), Miteri Development Bank's current stock price is NPR602.49. Miteri Development Bank's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was NPR93.95. Miteri Development Bank's Cyclically Adjusted PB Ratio of today is 6.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Miteri Development Bank was 7.73. The lowest was 3.66. And the median was 4.41.


Miteri Development Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Miteri 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.

Miteri Development Bank Cyclically Adjusted Book per Share Chart

Miteri Development Bank Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 84.13 91.58

Miteri Development Bank Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 85.64 86.81 89.16 91.58 93.95

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

For the Banks - Regional subindustry, Miteri 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.


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

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

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


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

Adj_Book= Book Value per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=131.515/133.1820*133.1820
=131.515

Current CPI (Oct. 2024) = 133.1820.

Miteri Development Bank Quarterly Data

Book Value per Share CPI Adj_Book
201501 41.686 98.604 56.305
201504 0.000 99.824 0.000
201507 49.413 100.691 65.358
201510 53.336 100.346 70.789
201601 43.950 99.957 58.558
201604 47.693 100.947 62.923
201607 52.068 101.524 68.305
201610 56.433 101.988 73.694
201701 54.011 102.456 70.208
201704 60.049 103.167 77.519
201707 63.756 103.278 82.217
201710 66.593 104.070 85.222
201801 51.633 104.578 65.756
201804 54.181 105.708 68.263
201807 57.513 106.324 72.041
201810 59.702 106.695 74.523
201901 61.205 106.200 76.755
201904 63.850 107.818 78.870
201907 69.195 108.250 85.132
201910 71.577 108.577 87.797
202001 76.052 108.841 93.060
202004 78.592 108.173 96.762
202007 83.394 109.318 101.599
202010 85.898 109.861 104.133
202101 89.049 110.364 107.460
202104 93.742 112.673 110.805
202107 95.410 115.183 110.319
202110 97.466 116.696 111.236
202201 100.150 118.619 112.445
202204 103.206 121.978 112.686
202207 106.635 125.002 113.613
202210 108.428 125.734 114.850
202301 110.892 126.223 117.006
202304 113.971 127.992 118.592
202307 119.256 128.974 123.147
202310 120.391 129.810 123.519
202401 122.635 130.124 125.517
202404 123.303 132.289 124.135
202407 130.883 132.708 131.351
202410 131.515 133.182 131.515

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


Miteri Development Bank  (XNEP:MDB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=602.49/93.95
=6.41

* 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 Miteri Development Bank was 7.73. The lowest was 3.66. And the median was 4.41.


Be Aware

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


Miteri Development Bank Cyclically Adjusted Book per Share Related Terms

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


Miteri Development Bank Business Description

Traded in Other Exchanges
N/A
Address
Mahendrapath - 12, Dharan, NPL
Miteri Development Bank Ltd provides banking products and services. The company offers services including saving deposits, fixed deposits, and loans including small business loans, term loans, real estate loans, and loans against FD.

Miteri Development Bank Headlines