One Bank (DHA:ONEBANKPLC) Cyclically Adjusted PB Ratio: 0.40 (As of Aug. 20, 2026) — 26% Below Median

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Founder & CEO of GuruFocus
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DHA:ONEBANKPLC One Bank PLC DHA:ONEBANKPLC
70 GF Score
Price BDT8.10
GF Value BDT6.96
Valuation Modestly Overvalued
! 4 Warning Signs
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What is One Bank Cyclically Adjusted PB Ratio?

One Bank DHA:ONEBANKPLC 70 Cyclically Adjusted PB Ratio is 0.40 as of Aug. 20, 2026, which is 26% below its 10-year median of 0.54. GuruFocus rates DHA:ONEBANKPLC with a GF Score™ of 70/100 and a GF Value™ of BDT6.96 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,283 Banks companies, One Bank ranks better than 91.35% on this metric.

As of today (2026-08-20), One Bank's current share price is BDT8.10. One Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was BDT20.02. One Bank's Cyclically Adjusted PB Ratio for today is 0.40.

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

DHA:ONEBANKPLC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.54   Max: 0.82
Current: 0.4

During the past years, One Bank's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.33. And the median was 0.54.

DHA:ONEBANKPLC's Cyclically Adjusted PB Ratio is ranked better than
91.35% of 1283 companies
in the Banks industry
Industry Median: 1.29 vs DHA:ONEBANKPLC: 0.40

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.

One Bank's adjusted book value per share data for the three months ended in Jun. 2026 was BDT22.991. 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 BDT20.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


One Bank  (DHA:ONEBANKPLC) 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.


One Bank Cyclically Adjusted PB Ratio Related Terms


One Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for One 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.

One Bank Cyclically Adjusted PB Ratio Chart

One Bank 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 0.79 0.62 0.57 0.49 0.37

One Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.38 0.40 0.37 0.38 0.40

One Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, One 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.


One Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DHA:ONEBANKPLC
70GF Score
One Bank PLC DHA:ONEBANKPLC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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One 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.10/20.02
=0.40

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.991/333.9520*333.9520
=22.991

Current CPI (Jun. 2026) = 333.9520.

One Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.635 241.428 14.711
201612 11.802 241.432 16.325
201703 12.570 243.801 17.218
201706 12.155 244.955 16.571
201709 12.677 246.819 17.152
201712 13.337 246.524 18.067
201803 13.555 249.554 18.139
201806 12.590 251.989 16.685
201809 12.858 252.439 17.010
201812 13.618 251.233 18.102
201903 13.799 254.202 18.128
201906 13.982 256.143 18.229
201909 14.154 256.759 18.409
201912 15.127 256.974 19.658
202003 15.782 258.115 20.419
202006 15.941 257.797 20.650
202009 15.741 260.280 20.196
202012 16.479 260.474 21.128
202103 16.738 264.877 21.103
202106 17.321 271.696 21.290
202109 16.980 274.310 20.672
202112 16.619 278.802 19.906
202203 16.909 287.504 19.641
202206 17.246 296.311 19.437
202209 17.297 296.808 19.462
202212 21.074 296.797 23.712
202303 17.795 301.836 19.688
202306 17.916 305.109 19.610
202309 17.947 307.789 19.473
202312 21.814 306.746 23.749
202403 18.734 312.332 20.031
202406 19.375 314.175 20.595
202409 19.520 315.301 20.675
202412 22.559 315.605 23.870
202503 22.753 319.799 23.760
202506 22.988 322.561 23.800
202509 23.591 324.800 24.256
202512 22.462 324.054 23.148
202603 22.849 330.213 23.108
202606 22.991 333.952 22.991

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 0.40 mean?
One Bank (DHA:ONEBANKPLC) has a Cyclically Adjusted PB Ratio of 0.40 as of Aug. 20, 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 One Bank and its competitors. This is 26% below median its historical median of 0.54. Over the past decade, One Bank's Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.82. According to the industry distribution chart, One Bank ranks #111 out of 1283 companies in the Banks industry, placing it in the top 8.7%.
Is One Bank's Cyclically Adjusted PB Ratio too high?
One Bank's current Cyclically Adjusted PB Ratio of 0.40 is 26% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.82. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. One Bank's value of 0.40 is 69% below this industry median. Based on the distribution chart, One Bank ranks #111 out of 1283 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, One Bank has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does One Bank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, One Bank ranks #111 out of 1283 companies for Cyclically Adjusted PB Ratio. This places One Bank in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.29. One Bank's value of 0.40 is 69% below this benchmark. Historically, One Bank's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.82 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.29, One Bank 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 1.29, based on 1,283 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. One Bank's current Cyclically Adjusted PB Ratio of 0.40 is 69% 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 One Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One Bank's current Cyclically Adjusted PB Ratio is 0.40, which is 26% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One Bank stock overvalued right now?
Based on GuruFocus' analysis, One Bank (DHA:ONEBANKPLC) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT6.96, compared to a current price of BDT8.10 — trading 16.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.40, which is 26% below median its 10-year median of 0.54 and 69% below the Banks industry median of 1.29. One Bank's overall GF Score™ is 70/100 with 4 warning signs 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 One Bank (DHA:ONEBANKPLC), the current Cyclically Adjusted PB Ratio is 0.40 as of Aug. 20, 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 One Bank (DHA:ONEBANKPLC) Overvalued in 2026?

Based on GuruFocus' analysis, One Bank stock appears to be overvalued. The current stock price of BDT8.10 is trading 16.4% above its estimated GF Value™ of BDT6.96. GuruFocus considers One Bank to be Modestly Overvalued.

Key valuation signals for DHA:ONEBANKPLC:

  • Cyclically Adjusted PB Ratio: 0.40 (26% below median its 10-year median of 0.54)
  • GF Value™: BDT6.96 vs. price of BDT8.10 (16.4% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 69% below the Banks median (#111 of 1283)

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


One Bank Business Description

Address 46, Kawran Bazar C.A, 2nd Floor, HRC Bhaban, Dhaka, BGD, 1215
One Bank PLC is a private-sector commercial bank that provides banking services in Bangladesh. The company offers Retail Banking, Corporate Banking, and Small and Enterprise Banking. Its products and services include deposits, loans and advances, personal and commercial banking, cash management, treasury, brokerage services, export and import financing, local and international remittance facilities, etc. The bank also provides offshore banking services through its Offshore Banking Unit (OBU). It serves various industries such as Trade Finance, Steel, Ready-made Garments, Textiles, Power, Transport and Communication, Construction/Engineering, Pharmaceuticals, Real Estate, and others.
70GF Score

Get the complete analysis for DHA:ONEBANKPLC

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

BDT8.10
Price
BDT6.96
GF Value