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NIC Asia Bank (XNEP:NICA) Cyclically Adjusted Book per Share : NPR165.59 (As of Apr. 2025)


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What is NIC Asia 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.

NIC Asia Bank's adjusted book value per share for the three months ended in Apr. 2025 was NPR278.217. 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 NPR165.59 for the trailing ten years ended in Apr. 2025.

During the past 12 months, NIC Asia Bank's average Cyclically Adjusted Book Growth Rate was 27.20% 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 (2025-07-01), NIC Asia Bank's current stock price is NPR340.78. NIC Asia Bank's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2025 was NPR165.59. NIC Asia Bank's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NIC Asia Bank was 6.29. The lowest was 2.04. And the median was 3.84.


NIC Asia Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for NIC Asia 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.

NIC Asia Bank Cyclically Adjusted Book per Share Chart

NIC Asia 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 - - - 117.73 134.07

NIC Asia Bank Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 130.21 134.07 138.09 158.58 165.59

Competitive Comparison of NIC Asia Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, NIC Asia 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.


NIC Asia Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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NIC Asia 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, NIC Asia Bank's adjusted Book Value per Share data for the three months ended in Apr. 2025 was:

Adj_Book= Book Value per Share /CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=278.217/135.3468*135.3468
=278.217

Current CPI (Apr. 2025) = 135.3468.

NIC Asia Bank Quarterly Data

Book Value per Share CPI Adj_Book
201507 52.988 100.691 71.226
201510 55.245 100.346 74.514
201601 46.700 99.957 63.234
201604 48.703 100.947 65.300
201607 57.454 101.524 76.595
201610 62.314 101.988 82.696
201701 56.763 102.456 74.985
201704 0.000 103.167 0.000
201707 69.831 103.278 91.514
201710 69.671 104.070 90.610
201801 0.000 104.578 0.000
201804 74.105 105.708 94.883
201807 78.302 106.324 99.676
201810 88.162 106.695 111.837
201901 89.256 106.200 113.752
201904 96.402 107.818 121.016
201907 100.975 108.250 126.251
201910 101.371 108.577 126.364
202001 109.007 108.841 135.554
202004 112.517 108.173 140.782
202007 117.159 109.318 145.055
202010 125.675 109.861 154.830
202101 131.196 110.364 160.894
202104 139.134 112.673 167.133
202107 143.903 115.183 169.095
202110 151.413 116.696 175.613
202201 160.087 118.619 182.662
202204 168.721 121.978 187.213
202207 171.165 125.002 185.330
202210 185.751 125.734 199.952
202301 195.694 126.223 209.839
202304 197.927 127.992 209.300
202307 204.791 128.974 214.910
202310 208.285 129.810 217.170
202401 210.417 130.124 218.862
202404 210.461 132.289 215.325
202407 202.151 132.708 206.171
202410 208.778 133.182 212.172
202501 813.982 134.029 821.986
202504 278.217 135.347 278.217

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


NIC Asia Bank  (XNEP:NICA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=340.78/165.59
=2.06

* 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 NIC Asia Bank was 6.29. The lowest was 2.04. And the median was 3.84.


Be Aware

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


NIC Asia Bank Cyclically Adjusted Book per Share Related Terms

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


NIC Asia Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
Thapathali, Trade Tower, Kathmandu, NPL
NIC Asia Bank Ltd is engaged in commercial banking services in Nepal. It is organized for management and reporting purposes into segments such as Retail Banking, Corporate Banking, SME Banking, Deprived Sector Banking (DSL), Treasury, Transaction Banking (TB) and Other Banking. It generates a vast majority of the revenues from the Retail banking segment.

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