NMB Microfinance Bittiyanstha (XNEP:NMBMF) Cyclically Adjusted Book per Share: NPR163.45 (As of Apr. 2026)

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XNEP:NMBMF NMB Microfinance Bittiya Sanstha Ltd XNEP:NMBMF
53 GF Score
Price NPR593.00
GF Value NPR2,181.99
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is NMB Microfinance Bittiyanstha Cyclically Adjusted Book per Share?

NMB Microfinance Bittiyanstha XNEP:NMBMF -0.39% 53 Cyclically Adjusted Book per Share is NPR163.45 as of Apr. 2026. GuruFocus rates XNEP:NMBMF with a GF Score™ of 53/100 and a GF Value™ of NPR2,181.99 (Possible Value Trap). The stock has 2 warning signs 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.

NMB Microfinance Bittiyanstha's adjusted book value per share for the three months ended in Apr. 2026 was NPR569.644. 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 NPR163.45 for the trailing ten years ended in Apr. 2026.

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 (2026-07-17), NMB Microfinance Bittiyanstha's current stock price is NPR593.00. NMB Microfinance Bittiyanstha's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was NPR163.45. NMB Microfinance Bittiyanstha's Cyclically Adjusted PB Ratio of today is 3.63.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of NMB Microfinance Bittiyanstha was 6.29. The lowest was 3.66. And the median was 4.97.


NMB Microfinance Bittiyanstha  (XNEP:NMBMF) 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.

NMB Microfinance Bittiyanstha's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=593.00/163.45
=3.63

* 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 11 years, the highest Cyclically Adjusted PB Ratio of NMB Microfinance Bittiyanstha was 6.29. The lowest was 3.66. And the median was 4.97.


Be Aware

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


NMB Microfinance Bittiyanstha Cyclically Adjusted Book per Share Related Terms


NMB Microfinance Bittiyanstha Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for NMB Microfinance Bittiyanstha'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.

NMB Microfinance Bittiyanstha Cyclically Adjusted Book per Share Chart

NMB Microfinance Bittiyanstha 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 0.00 0.00 0.00 135.43

NMB Microfinance Bittiyanstha 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 0.00 135.43 136.26 148.29 163.45

XNEP:NMBMF vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, NMB Microfinance Bittiyanstha'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.


NMB Microfinance Bittiyanstha Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, NMB Microfinance Bittiyanstha's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NMB Microfinance Bittiyanstha's Cyclically Adjusted PB Ratio falls into.


XNEP:NMBMF
53GF Score
NMB Microfinance Bittiya Sanstha Ltd XNEP:NMBMF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NMB Microfinance Bittiyanstha 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, NMB Microfinance Bittiyanstha'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)
=569.644/333.0200*333.0200
=569.644

Current CPI (Apr. 2026) = 333.0200.

NMB Microfinance Bittiyanstha Quarterly Data

Book Value per Share CPI Adj_Book
201607 127.470 240.628 176.414
201610 139.568 241.729 192.277
201701 65.716 242.839 90.120
201704 80.751 244.524 109.976
201707 105.340 244.786 143.310
201710 109.636 246.663 148.020
201801 91.298 247.867 122.663
201804 92.709 250.546 123.227
201807 96.508 252.006 127.533
201810 97.885 252.885 128.903
201901 100.513 251.712 132.981
201904 109.422 255.548 142.594
201907 118.815 256.571 154.218
201910 125.979 257.346 163.024
202001 53.577 257.971 69.164
202004 96.819 256.389 125.757
202007 98.147 259.101 126.147
202010 104.917 260.388 134.182
202101 108.552 261.582 138.198
202104 115.490 267.054 144.018
202107 124.483 273.003 151.849
202110 129.937 276.589 156.447
202201 134.357 281.148 159.146
202204 138.771 289.109 159.848
202207 145.356 296.276 163.383
202210 141.133 298.012 157.712
202301 142.867 299.170 159.032
202304 149.767 303.363 164.408
202307 138.180 305.691 150.533
202310 133.110 307.671 144.077
202401 129.960 308.417 140.327
202404 126.208 313.548 134.046
202407 129.514 314.540 137.123
202410 130.254 315.664 137.416
202501 135.822 317.671 142.385
202504 0.000 320.795 0.000
202507 130.888 323.048 134.928
202510 140.017 0.000
202601 562.653 325.252 576.091
202604 569.644 333.020 569.644

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 NPR163.45 mean?
NMB Microfinance Bittiyanstha (XNEP:NMBMF) has a Cyclically Adjusted Book per Share of NPR163.45 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 NMB Microfinance Bittiyanstha and its competitors.
Is NMB Microfinance Bittiyanstha's Cyclically Adjusted Book per Share too high?
NMB Microfinance Bittiyanstha's current Cyclically Adjusted Book per Share is NPR163.45. Overall, NMB Microfinance Bittiyanstha has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NMB Microfinance Bittiyanstha's Cyclically Adjusted Book per Share compare to V and MA?
NMB Microfinance Bittiyanstha's Cyclically Adjusted Book per Share of NPR163.45 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 NMB Microfinance Bittiyanstha and its competitors. NMB Microfinance Bittiyanstha's current Cyclically Adjusted Book per Share is NPR163.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMB Microfinance Bittiyanstha stock overvalued right now?
Based on GuruFocus' analysis, NMB Microfinance Bittiyanstha (XNEP:NMBMF) is currently considered Possible Value Trap. The stock's GF Value™ is NPR2,181.99, compared to a current price of NPR593.00 — trading 72.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is NPR163.45. NMB Microfinance Bittiyanstha's overall GF Score™ is 53/100 with 2 warning signs 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 NMB Microfinance Bittiyanstha (XNEP:NMBMF), the current Cyclically Adjusted Book per Share is NPR163.45 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 NMB Microfinance Bittiyanstha (XNEP:NMBMF) Overvalued in 2026?

Based on GuruFocus' analysis, NMB Microfinance Bittiyanstha stock appears to be undervalued. The current stock price of NPR593.00 is trading 72.8% below its estimated GF Value™ of NPR2,181.99. GuruFocus considers NMB Microfinance Bittiyanstha to be Possible Value Trap.

Key valuation signals for XNEP:NMBMF:

  • Cyclically Adjusted Book per Share: NPR163.45
  • GF Value™: NPR2,181.99 vs. price of NPR593.00 (72.8% below fair value)
  • GF Score™: 53/100 with 2 warning signs

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


NMB Microfinance Bittiyanstha Business Description

Address Street 3, New Road, Zenex Plaza, Kaski, Pokhara, NPL
NMB Microfinance Bittiya Sanstha Ltd is a Nepal-based financial institution engaged in providing microfinance services to low-income and underserved households across the Hilly, Mountain, and Terai regions of Nepal. The company mainly serves individuals in the informal sector, focusing on financial inclusion and income-generating activities. Its services include micro-lending, savings and deposit products, and microinsurance.
53GF Score

Get the complete analysis for XNEP:NMBMF

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

NPR593.00
Price
NPR2,181.99
GF Value