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Global IME Bank (XNEP:GBIME) Cyclically Adjusted PB Ratio : 1.41 (As of May. 13, 2024)


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What is Global IME Bank Cyclically Adjusted PB Ratio?

As of today (2024-05-13), Global IME Bank's current share price is NPR178.00. Global IME Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was NPR126.41. Global IME Bank's Cyclically Adjusted PB Ratio for today is 1.41.

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

XNEP:GBIME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.6   Max: 1.96
Current: 1.37

During the past years, Global IME Bank's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 1.37. And the median was 1.60.

XNEP:GBIME's Cyclically Adjusted PB Ratio is ranked worse than
74.58% of 1184 companies
in the Banks industry
Industry Median: 0.935 vs XNEP:GBIME: 1.37

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.

Global IME Bank's adjusted book value per share data for the three months ended in Jan. 2024 was NPR162.038. 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 NPR126.41 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global IME Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global IME 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.

Global IME Bank Cyclically Adjusted PB Ratio Chart

Global IME Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.90

Global IME Bank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - 1.60 1.90 1.66 1.56

Competitive Comparison of Global IME Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Global IME 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.


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

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

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



Global IME 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=178.00/126.41
=1.41

* 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.

Global IME Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Global IME Bank's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=162.038/129.4194*129.4194
=162.038

Current CPI (Jan. 2024) = 129.4194.

Global IME Bank Quarterly Data

Book Value per Share CPI Adj_Book
201307 57.876 98.557 76.000
201404 0.000 100.023 0.000
201407 64.747 100.520 83.362
201410 69.533 100.176 89.832
201501 59.732 98.604 78.400
201504 62.071 99.824 80.474
201507 63.378 100.691 81.461
201510 66.056 100.346 85.194
201601 69.939 99.957 90.553
201604 72.322 100.947 92.721
201607 77.609 101.524 98.934
201610 79.013 101.988 100.265
201703 68.498 102.862 86.183
201707 82.148 103.278 102.941
201710 77.149 104.070 95.941
201801 0.000 104.578 0.000
201804 0.000 105.708 0.000
201807 90.333 106.324 109.955
201810 96.746 106.695 117.352
201901 98.170 106.200 119.634
201904 102.529 107.818 123.070
201907 109.312 108.250 130.689
201910 115.335 108.577 137.475
202001 112.228 108.841 133.447
202004 116.514 108.173 139.398
202007 118.170 109.318 139.900
202010 122.938 109.861 144.825
202101 126.403 110.364 148.227
202104 132.765 112.673 152.498
202107 136.349 115.183 153.202
202110 139.628 116.696 154.852
202201 142.452 118.619 155.422
202204 146.608 121.978 155.552
202207 156.804 125.002 162.345
202210 161.115 125.734 165.837
202301 227.854 126.223 233.624
202304 157.418 127.992 159.173
202307 166.744 128.974 167.319
202310 169.501 129.810 168.991
202401 162.038 129.419 162.038

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.


Global IME Bank  (XNEP:GBIME) 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.


Global IME Bank Cyclically Adjusted PB Ratio Related Terms

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


Global IME Bank (XNEP:GBIME) Business Description

Traded in Other Exchanges
N/A
Address
IME Complex, Panipokhari, P.O. Box: 19327, Kathmandu, NPL
Global IME Bank Ltd operates as a commercial bank in Nepal which provides entire commercial banking services. The bank offers a complete range of banking products in deposits, lending, trade finance, and remittances. Its deposit product portfolio encompasses customer tailored saving deposits, fixed deposits, call and current deposits. The lending product portfolio includes commercial loan products such as demand loans, cash credits, overdrafts, trust receipts, and term loans, whereas a complete portfolio of personal and retail credit products are also provided by the bank. It also provides internet and mobile banking services.

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