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DCB Bank (BOM:532772) Cyclically Adjusted PB Ratio : 1.06 (As of May. 15, 2024)


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What is DCB Bank Cyclically Adjusted PB Ratio?

As of today (2024-05-15), DCB Bank's current share price is ₹129.85. DCB Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹123.01. DCB Bank's Cyclically Adjusted PB Ratio for today is 1.06.

The historical rank and industry rank for DCB Bank's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOM:532772' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.03   Max: 1.41
Current: 1.06

During the past years, DCB Bank's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.71. And the median was 1.03.

BOM:532772's Cyclically Adjusted PB Ratio is ranked worse than
59.07% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs BOM:532772: 1.06

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.

DCB Bank's adjusted book value per share data for the three months ended in Mar. 2024 was ₹162.122. 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 ₹123.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DCB Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DCB Bank's Cyclically Adjusted PB Ratio 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.

DCB Bank Cyclically Adjusted PB Ratio Chart

DCB Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.17 0.69 0.95 0.97

DCB Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 - 0.95 1.06 - 0.97

Competitive Comparison of DCB Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, DCB 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.


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

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

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



DCB Bank Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

DCB Bank's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=129.85/123.01
=1.06

* 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.

DCB Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DCB Bank's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=162.122/153.2548*153.2548
=162.122

Current CPI (Mar. 2024) = 153.2548.

DCB Bank Quarterly Data

Book Value per Share CPI Adj_Book
201403 46.098 91.425 77.274
201406 0.000 94.103 0.000
201409 49.250 96.780 77.989
201412 0.000 96.780 0.000
201503 56.330 97.163 88.849
201506 0.000 99.841 0.000
201509 59.214 101.753 89.185
201512 0.000 102.901 0.000
201603 63.008 102.518 94.191
201606 0.000 105.961 0.000
201609 66.206 105.961 95.756
201612 0.000 105.196 0.000
201703 77.266 105.196 112.565
201706 0.000 107.109 0.000
201709 87.235 109.021 122.629
201712 0.000 109.404 0.000
201803 91.138 109.786 127.223
201806 0.000 111.317 0.000
201809 94.767 115.142 126.136
201812 0.000 115.142 0.000
201903 100.650 118.202 130.498
201906 0.000 120.880 0.000
201909 104.955 123.175 130.585
201912 0.000 126.235 0.000
202003 110.244 124.705 135.483
202006 0.000 127.000 0.000
202009 115.441 130.118 135.968
202012 0.000 130.889 0.000
202103 121.035 131.771 140.769
202106 0.000 134.084 0.000
202109 124.194 135.847 140.109
202112 0.000 138.161 0.000
202203 130.197 138.822 143.733
202206 0.000 142.347 0.000
202209 135.927 144.661 144.002
202212 0.000 145.763 0.000
202303 146.584 146.865 152.962
202309 153.369 151.492 155.154
202312 0.000 153.255 0.000
202403 162.122 153.255 162.122

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


DCB Bank  (BOM:532772) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


DCB Bank Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of DCB Bank's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


DCB Bank (BOM:532772) Business Description

Industry
Traded in Other Exchanges
Address
Senapati Bapat Marg, 601 and 602, 6th Floor, Tower A, Peninsula Business Park, Lower Parel, Mumbai, IND, 400013
DCB Bank Ltd is an Indian commercial bank catering to corporate and retail customers. Its banking operations are structured into retail banking, wholesale banking, treasury operations, and other banking operations. It depends primarily on its retail banking operations for the core of the bank's revenues. Through this segment, it handles the lending, deposit-taking, and other services offered to retail customers. The Corporate/Wholesale Banking segment includes lending, deposit-taking, and other services offered to corporate customers. The treasury operations encompass all financial markets activities such as trading, maintenance of reserve requirements, and resource mobilization, and the other banking operations segment includes para banking activities and merchant banking.

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