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National Bank of Bangladesh (DHA:NBL) Cyclically Adjusted PB Ratio : 0.38 (As of May. 01, 2024)


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What is National Bank of Bangladesh Cyclically Adjusted PB Ratio?

As of today (2024-05-01), National Bank of Bangladesh's current share price is BDT5.70. National Bank of Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was BDT15.11. National Bank of Bangladesh's Cyclically Adjusted PB Ratio for today is 0.38.

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

DHA:NBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.55   Max: 0.58
Current: 0.36

During the past years, National Bank of Bangladesh's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.36. And the median was 0.55.

DHA:NBL's Cyclically Adjusted PB Ratio is ranked better than
89.34% of 1182 companies
in the Banks industry
Industry Median: 0.92 vs DHA:NBL: 0.36

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.

National Bank of Bangladesh's adjusted book value per share data for the three months ended in Sep. 2023 was BDT9.420. 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 BDT15.11 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank of Bangladesh Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Bank of 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.

* Premium members only.

National Bank of Bangladesh Cyclically Adjusted PB Ratio Chart

National Bank of Bangladesh Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.58

National Bank of Bangladesh Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.57 0.58 0.56 0.55 0.55

Competitive Comparison of National Bank of Bangladesh's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, National Bank of 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.


National Bank of Bangladesh's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



National Bank of 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.70/15.11
=0.38

* 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.

National Bank of Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, National Bank of Bangladesh's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=9.42/129.8595*129.8595
=9.420

Current CPI (Sep. 2023) = 129.8595.

National Bank of Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201312 7.397 98.326 9.769
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 8.342 99.070 10.935
201503 8.451 99.621 11.016
201506 8.691 100.684 11.209
201509 9.549 100.392 12.352
201512 10.386 99.792 13.515
201603 10.405 100.470 13.449
201606 10.194 101.688 13.018
201609 10.312 101.861 13.146
201612 11.216 101.863 14.299
201703 11.458 102.862 14.465
201706 11.420 103.349 14.349
201709 11.743 104.136 14.644
201712 12.528 104.011 15.641
201803 12.610 105.290 15.553
201806 13.011 106.317 15.892
201809 13.413 106.507 16.354
201812 13.828 105.998 16.941
201903 13.963 107.251 16.906
201906 14.172 108.070 17.029
201909 14.417 108.329 17.282
201912 15.127 108.420 18.118
202003 15.440 108.902 18.411
202006 15.481 108.767 18.483
202009 15.733 109.815 18.605
202012 16.104 109.897 19.029
202103 16.263 111.754 18.898
202106 16.468 114.631 18.656
202109 16.551 115.734 18.571
202112 16.126 117.630 17.803
202203 16.041 121.301 17.173
202206 15.490 125.017 16.090
202209 14.909 125.227 15.461
202212 13.004 125.222 13.486
202303 11.920 127.348 12.155
202306 10.935 128.729 11.031
202309 9.420 129.860 9.420

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.


National Bank of Bangladesh  (DHA:NBL) 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.


National Bank of Bangladesh Cyclically Adjusted PB Ratio Related Terms

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


National Bank of Bangladesh (DHA:NBL) Business Description

Traded in Other Exchanges
N/A
Address
116/1, Kazi Nazrul Islam Avenue, GPO Box 3424, Banglamotor, Dhaka, BGD
National Bank of Bangladesh Ltd and its subsidiaries provide banking and other financial services. Its business is divided into deposits, credit and cards divisions. These divisions provide products and services such as savings deposit, current deposit, term deposit, foreign currency deposit, monthly saving scheme, overdraft, lease financing, house building, credit to small medium enterprises, consumer credit schemes and gold and silver local and international cards.

National Bank of Bangladesh (DHA:NBL) Headlines