Prime Bank (DHA:PRIMEBANK) Cyclically Adjusted PB Ratio: 1.04 (As of Jul. 23, 2026) — 25% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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DHA:PRIMEBANK Prime Bank PLC DHA:PRIMEBANK
85 GF Score
Price BDT31.00
GF Value BDT31.00
Valuation Fairly Valued
! 4 Warning Signs
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What is Prime Bank Cyclically Adjusted PB Ratio?

Prime Bank DHA:PRIMEBANK 85 Cyclically Adjusted PB Ratio is 1.04 as of Jul. 23, 2026, which is 25% above its 10-year median of 0.83. GuruFocus rates DHA:PRIMEBANK with a GF Score™ of 85/100 and a GF Value™ of BDT31.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,291 Banks companies, Prime Bank ranks better than 63.67% on this metric.

As of today (2026-07-23), Prime Bank's current share price is BDT31.00. Prime Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT29.84. Prime Bank's Cyclically Adjusted PB Ratio for today is 1.04.

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

DHA:PRIMEBANK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.83   Max: 1.12
Current: 1.02

During the past years, Prime Bank's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.64. And the median was 0.83.

DHA:PRIMEBANK's Cyclically Adjusted PB Ratio is ranked better than
63.67% of 1291 companies
in the Banks industry
Industry Median: 1.26 vs DHA:PRIMEBANK: 1.02

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.

Prime Bank's adjusted book value per share data for the three months ended in Mar. 2026 was BDT39.706. 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 BDT29.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Bank  (DHA:PRIMEBANK) 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.


Prime Bank Cyclically Adjusted PB Ratio Related Terms


Prime Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Prime 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.

Prime Bank Cyclically Adjusted PB Ratio Chart

Prime 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 0.00 0.00 0.00 0.79 0.94

Prime Bank 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 0.80 0.76 0.93 0.94 0.94

Prime Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Prime 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.


Prime Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


DHA:PRIMEBANK
85GF Score
Prime Bank PLC DHA:PRIMEBANK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.00/29.84
=1.04

* 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.

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

For example, Prime Bank'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)
=39.706/330.2130*330.2130
=39.706

Current CPI (Mar. 2026) = 330.2130.

Prime Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 19.171 241.428 26.221
201612 20.756 241.432 28.389
201703 21.410 243.801 28.998
201706 20.073 244.955 27.060
201709 20.559 246.819 27.505
201712 20.362 246.524 27.274
201803 20.642 249.554 27.314
201806 20.373 251.989 26.697
201809 20.786 252.439 27.190
201812 22.986 251.233 30.212
201903 21.899 254.202 28.447
201906 21.200 256.143 27.330
201909 21.605 256.759 27.786
201912 22.923 256.974 29.456
202003 22.172 258.115 28.365
202006 22.188 257.797 28.421
202009 21.681 260.280 27.506
202012 23.365 260.474 29.621
202103 24.479 264.877 30.517
202106 23.396 271.696 28.435
202109 23.802 274.310 28.653
202112 24.401 278.802 28.901
202203 25.426 287.504 29.203
202206 24.338 296.311 27.123
202209 25.258 296.808 28.101
202212 26.399 296.797 29.371
202303 27.290 301.836 29.856
202306 26.536 305.109 28.719
202309 27.639 307.789 29.653
202312 27.471 306.746 29.573
202403 29.665 312.332 31.363
202406 29.532 314.175 31.040
202409 31.079 315.301 32.549
202412 31.827 315.605 33.300
202503 32.001 319.799 33.043
202506 33.613 322.561 34.410
202509 36.973 324.800 37.589
202512 38.091 324.054 38.815
202603 39.706 330.213 39.706

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 1.04 mean?
Prime Bank (DHA:PRIMEBANK) has a Cyclically Adjusted PB Ratio of 1.04 as of Jul. 23, 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 Prime Bank and its competitors. This is 25% above median its historical median of 0.83. Over the past decade, Prime Bank's Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.12. According to the industry distribution chart, Prime Bank ranks #469 out of 1291 companies in the Banks industry, placing it in the top 36.3%.
Is Prime Bank's Cyclically Adjusted PB Ratio too high?
Prime Bank's current Cyclically Adjusted PB Ratio of 1.04 is 25% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.12. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Prime Bank's value of 1.04 is 17.5% below this industry median. Based on the distribution chart, Prime Bank ranks #469 out of 1291 companies in the Banks industry, which is above the industry midpoint. Overall, Prime Bank has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Prime Bank's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Prime Bank ranks #469 out of 1291 companies for Cyclically Adjusted PB Ratio. This puts Prime Bank in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Prime Bank's value of 1.04 is 17.5% below this benchmark. Historically, Prime Bank's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 1.12 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.26, Prime 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 1.26, based on 1,291 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. Prime Bank's current Cyclically Adjusted PB Ratio of 1.04 is 17.5% 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 Prime Bank 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. Prime Bank's current Cyclically Adjusted PB Ratio is 1.04, which is 25% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Bank stock overvalued right now?
Based on GuruFocus' analysis, Prime Bank (DHA:PRIMEBANK) is currently considered Fairly Valued. The stock's GF Value™ is BDT31.00, compared to a current price of BDT31.00 — trading right at its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.04, which is 25% above median its 10-year median of 0.83 and 17.5% below the Banks industry median of 1.26. Prime Bank's overall GF Score™ is 85/100 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 Prime Bank (DHA:PRIMEBANK), the current Cyclically Adjusted PB Ratio is 1.04 as of Jul. 23, 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 Prime Bank (DHA:PRIMEBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Prime Bank stock appears to be undervalued. The current stock price of BDT31.00 is trading 0% below its estimated GF Value™ of BDT31.00. GuruFocus considers Prime Bank to be Fairly Valued.

Key valuation signals for DHA:PRIMEBANK:

  • Cyclically Adjusted PB Ratio: 1.04 (25% above median its 10-year median of 0.83)
  • GF Value™: BDT31.00 vs. price of BDT31.00 (0% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 17.5% below the Banks median (#469 of 1291)

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


Prime Bank Business Description

Address 119-120 Motijheel C/A, Annex Building-2, Adamjee Court, Dhaka, BGD, 1000
Prime Bank PLC is a commercial bank based in Bangladesh. The Bank offers all kinds of Commercial, Corporate, and Personal Banking services covering all segments of society. The Bank also provides off-shore banking services through its 3 (Three) Off-shore Banking Units (OBU). Its segment consists of Corporate & Institutional Banking, Commercial Banking, MSME(Micro, Small & Medium Enterprise), and Consumer.
85GF Score

Get the complete analysis for DHA:PRIMEBANK

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

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