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Bandhan Bank (NSE:BANDHANBNK) Cyclically Adjusted PB Ratio : 1.47 (As of Jun. 06, 2025)


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What is Bandhan Bank Cyclically Adjusted PB Ratio?

As of today (2025-06-06), Bandhan Bank's current share price is ₹166.86. Bandhan Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 was ₹113.88. Bandhan Bank's Cyclically Adjusted PB Ratio for today is 1.47.

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

NSE:BANDHANBNK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.89   Max: 2.17
Current: 1.5

During the past 11 years, Bandhan Bank's highest Cyclically Adjusted PB Ratio was 2.17. The lowest was 1.32. And the median was 1.89.

NSE:BANDHANBNK's Cyclically Adjusted PB Ratio is ranked worse than
74.45% of 1284 companies
in the Banks industry
Industry Median: 1.01 vs NSE:BANDHANBNK: 1.50

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.

Bandhan Bank's adjusted book value per share data of for the fiscal year that ended in Mar25 was ₹152.734. 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 ₹113.88 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bandhan Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bandhan 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.

* Premium members only.

Bandhan Bank Cyclically Adjusted PB Ratio Chart

Bandhan Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.87 1.28

Bandhan Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.87 - - - 1.28

Competitive Comparison of Bandhan Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Bandhan 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.


Bandhan Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Bandhan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.86/113.88
=1.47

* 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.

Bandhan Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar25 is calculated as:

For example, Bandhan Bank's adjusted Book Value per Share data for the fiscal year that ended in Mar25 was:

Adj_Book=Book Value per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=152.734/157.5517*157.5517
=152.734

Current CPI (Mar25) = 157.5517.

Bandhan Bank Annual Data

Book Value per Share CPI Adj_Book
201603 30.448 102.518 46.793
201703 40.602 105.196 60.809
201803 78.654 109.786 112.874
201903 93.889 118.202 125.145
202003 94.367 124.705 119.223
202103 108.085 131.771 129.232
202203 107.906 138.822 122.465
202303 121.578 146.865 130.425
202403 134.141 153.035 138.101
202503 152.734 157.552 152.734

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.


Bandhan Bank  (NSE:BANDHANBNK) 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.


Bandhan Bank Cyclically Adjusted PB Ratio Related Terms

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


Bandhan Bank Business Description

Traded in Other Exchanges
Address
Adventz Infinity 5, Salt Lake City, BN 5, Sector V, 12th to 14th Floor, Kolkata, WB, IND, 700 091
Bandhan Bank Ltd provides banking services. It offers a variety of asset and liability products and services designed for micro banking and general banking. The bank's operating segments are Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its treasury operations include investments in sovereign securities and trading operations, Retail banking includes lending to individuals/small businesses along with liability products, card services, internet banking, mobile banking, ATM services, and NRI services. The corporate/Wholesale segment includes corporate relationships not included in Retail Banking and Other segments include para-banking activities. It generates a majority of its revenue from the retail banking segment.

Bandhan Bank Headlines

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