Islami Bank Bangladesh (DHA:IBBLPBOND) Cyclically Adjusted PB Ratio: 0.84 (As of Aug. 01, 2026) — Near Median

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.

DHA:IBBLPBOND Islami Bank Bangladesh PLC DHA:IBBLPBOND
60 GF Score
Price BDT756.00
GF Value BDT484.51
! 1 Warning Sign
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What is Islami Bank Bangladesh Cyclically Adjusted PB Ratio?

Islami Bank Bangladesh DHA:IBBLPBOND 60 Cyclically Adjusted PB Ratio is 0.84 as of Aug. 01, 2026, which is 2% above its 10-year median of 0.82. GuruFocus rates DHA:IBBLPBOND with a GF Score™ of 60/100 and a GF Value™ of BDT484.51. The stock has 1 warning sign investors should review. Among 1,288 Banks companies, Islami Bank Bangladesh ranks better than 79.5% on this metric.

As of today (2026-08-01), Islami Bank Bangladesh's current share price is BDT756.00. Islami Bank Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT898.63. Islami Bank Bangladesh's Cyclically Adjusted PB Ratio for today is 0.84.

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

DHA:IBBLPBOND' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.82   Max: 1.16
Current: 0.69

During the past years, Islami Bank Bangladesh's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.63. And the median was 0.82.

DHA:IBBLPBOND's Cyclically Adjusted PB Ratio is ranked better than
79.5% of 1288 companies
in the Banks industry
Industry Median: 1.26 vs DHA:IBBLPBOND: 0.69

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.

Islami Bank Bangladesh's adjusted book value per share data for the three months ended in Mar. 2026 was BDT42.562. 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 BDT898.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Islami Bank Bangladesh  (DHA:IBBLPBOND) 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.


Islami Bank Bangladesh Cyclically Adjusted PB Ratio Related Terms


Islami Bank Bangladesh Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Islami Bank Bangladesh'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.

Islami Bank Bangladesh Cyclically Adjusted PB Ratio Chart

Islami Bank Bangladesh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.72

Islami Bank Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.99 0.90 0.91 0.72 0.84

Islami Bank Bangladesh Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Islami Bank Bangladesh'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.


Islami Bank Bangladesh Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DHA:IBBLPBOND
60GF Score
Islami Bank Bangladesh PLC DHA:IBBLPBOND
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Islami Bank Bangladesh 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=756.00/898.63
=0.84

* 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.

Islami Bank Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Islami Bank Bangladesh's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=42.562/330.2130*330.2130
=42.562

Current CPI (Mar. 2026) = 330.2130.

Islami Bank Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 29.374 241.432 40.176
201703 30.967 243.801 41.943
201706 31.152 244.955 41.995
201709 31.445 246.819 42.069
201712 31.468 246.524 42.151
201803 31.829 249.554 42.117
201806 32.416 251.989 42.479
201809 32.673 252.439 42.739
201812 34.451 251.233 45.281
201903 34.870 254.202 45.297
201906 35.527 256.143 45.800
201909 35.669 256.759 45.873
201912 36.878 256.974 47.388
202003 37.310 258.115 47.732
202006 38.825 257.797 49.731
202009 38.204 260.280 48.469
202012 38.888 260.474 49.300
202103 39.335 264.877 49.038
202106 39.973 271.696 48.582
202109 40.530 274.310 48.790
202112 40.824 278.802 48.352
202203 41.389 287.504 47.537
202206 41.729 296.311 46.503
202209 42.280 296.808 47.039
202212 43.212 296.797 48.077
202303 43.433 301.836 47.516
202306 44.064 305.109 47.690
202309 44.141 307.789 47.357
202312 45.243 306.746 48.704
202403 45.400 312.332 47.999
202406 46.058 314.175 48.409
202409 45.372 315.301 47.518
202412 44.359 315.605 46.412
202503 44.311 319.799 45.754
202506 46.561 322.561 47.666
202509 44.479 324.800 45.220
202512 44.521 324.054 45.367
202603 42.562 330.213 42.562

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.

What does a Cyclically Adjusted PB Ratio of 0.84 mean?
Islami Bank Bangladesh (DHA:IBBLPBOND) has a Cyclically Adjusted PB Ratio of 0.84 as of Aug. 01, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Islami Bank Bangladesh and its competitors. This is near median its historical median of 0.82. Over the past decade, Islami Bank Bangladesh's Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.16. According to the industry distribution chart, Islami Bank Bangladesh ranks #264 out of 1288 companies in the Banks industry, placing it in the top 20.5%.
Is Islami Bank Bangladesh's Cyclically Adjusted PB Ratio too high?
Islami Bank Bangladesh's current Cyclically Adjusted PB Ratio of 0.84 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.16. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Islami Bank Bangladesh's value of 0.84 is 33.3% below this industry median. Based on the distribution chart, Islami Bank Bangladesh ranks #264 out of 1288 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Islami Bank Bangladesh has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Islami Bank Bangladesh's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Islami Bank Bangladesh ranks #264 out of 1288 companies for Cyclically Adjusted PB Ratio. This places Islami Bank Bangladesh in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Islami Bank Bangladesh's value of 0.84 is 33.3% below this benchmark. Historically, Islami Bank Bangladesh's own Cyclically Adjusted PB Ratio has ranged from 0.63 to 1.16 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.26, Islami Bank Bangladesh has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.26, based on 1,288 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Islami Bank Bangladesh's current Cyclically Adjusted PB Ratio of 0.84 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Islami Bank Bangladesh and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Islami Bank Bangladesh's current Cyclically Adjusted PB Ratio is 0.84, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Islami Bank Bangladesh stock overvalued right now?
Islami Bank Bangladesh (DHA:IBBLPBOND) has a current Cyclically Adjusted PB Ratio of 0.84. The stock's GF Value™ is BDT484.51, compared to a current price of BDT756.00 — trading 56% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is near median its 10-year median of 0.82 and 33.3% below the Banks industry median of 1.26. Islami Bank Bangladesh's overall GF Score™ is 60/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Islami Bank Bangladesh (DHA:IBBLPBOND), the current Cyclically Adjusted PB Ratio is 0.84 as of Aug. 01, 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 Islami Bank Bangladesh (DHA:IBBLPBOND) Overvalued in 2026?

Based on GuruFocus' analysis, Islami Bank Bangladesh stock appears to be overvalued. The current stock price of BDT756.00 is trading 56% above its estimated GF Value™ of BDT484.51.

Key valuation signals for DHA:IBBLPBOND:

  • Cyclically Adjusted PB Ratio: 0.84 (near median its 10-year median of 0.82)
  • GF Value™: BDT484.51 vs. price of BDT756.00 (56% above fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 33.3% below the Banks median (#264 of 1288)

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


Islami Bank Bangladesh Business Description

Other Exchanges ISLAMIBANK:Bangladesh
Address Islami Bank Tower, 40, Dilkusha Commercial Area, Dhaka, BGD, 1000
Islami Bank Bangladesh PLC is a commercial bank in South East Asia operating under Islamic Shari'ah principles. It offers a variety of Shari'ah-compliant banking services, including Mudaraba, Musharaka, Bai-Murabaha, and Ujarah. The bank promotes Islamic micro-finance aimed at improving living standards through rural and urban development schemes. It provides mobile financial services through the mCash platform and digital banking services via the CellFin app, which includes account opening, fund transfers, international remittances, payments, donations, and savings. Islami Bank also operates an Offshore Banking Unit and offers corporate banking, inter-bank fund transfers, utility bill and e-Hajj payments, locker services, and electronic government procurement (e-GP) payment solutions.
60GF Score

Get the complete analysis for DHA:IBBLPBOND

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

BDT756.00
Price
BDT484.51
GF Value