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National Bank Of Malawi (MSW:NBM) Cyclically Adjusted PB Ratio : 19.73 (As of Jun. 02, 2025)


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What is National Bank Of Malawi Cyclically Adjusted PB Ratio?

As of today (2025-06-02), National Bank Of Malawi's current share price is MWK6200.12. National Bank Of Malawi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was MWK314.24. National Bank Of Malawi's Cyclically Adjusted PB Ratio for today is 19.73.

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

MSW:NBM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.02   Med: 19.73   Max: 19.73
Current: 19.73

During the past 10 years, National Bank Of Malawi's highest Cyclically Adjusted PB Ratio was 19.73. The lowest was 11.02. And the median was 19.73.

MSW:NBM's Cyclically Adjusted PB Ratio is ranked worse than
99.77% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs MSW:NBM: 19.73

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 Malawi's adjusted book value per share data of for the fiscal year that ended in Dec24 was MWK574.990. 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 MWK314.24 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank Of Malawi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Bank Of Malawi'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 Malawi Cyclically Adjusted PB Ratio Chart

National Bank Of Malawi Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.02

National Bank Of Malawi Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - 11.02

Competitive Comparison of National Bank Of Malawi's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, National Bank Of Malawi'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 Malawi's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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National Bank Of Malawi 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 Malawi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6200.12/314.24
=19.73

* 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 Malawi's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, National Bank Of Malawi's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=574.99/133.1571*133.1571
=574.990

Current CPI (Dec24) = 133.1571.

National Bank Of Malawi Annual Data

Book Value per Share CPI Adj_Book
201512 115.156 99.792 153.657
201612 145.265 101.863 189.894
201712 173.274 104.011 221.829
201812 189.141 105.998 237.603
201912 215.796 108.420 265.032
202012 252.296 109.897 305.696
202112 306.164 117.630 346.579
202212 368.747 125.222 392.114
202312 442.195 129.419 454.966
202412 574.990 133.157 574.990

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 Malawi  (MSW:NBM) 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 Malawi Cyclically Adjusted PB Ratio Related Terms

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


National Bank Of Malawi Business Description

Traded in Other Exchanges
N/A
Address
7 Henderson Street, NBM Tower, P.O Box 945, Blantyre, MWI
National Bank Of Malawi PLC provides personal, corporate, and investment banking as well as stockbroking, insurance, and pension administration services in Malawi. Its business operations are divided into three segments including Retail and corporate banking that incorporates savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loans, and other credit facilities, trade finance, and corporate leasing; Treasury segment offers financial instruments trading, dealings in foreign currency, stock broking and derivative products; and Other operations comprising fund management, custodial services and providing training services. Revenue from Retail and corporate banking is one of the majority sources of income for the Bank.

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