GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kumari Bank Ltd (XNEP:KBL) » Definitions » Cyclically Adjusted PB Ratio

Kumari Bank (XNEP:KBL) Cyclically Adjusted PB Ratio : 0.98 (As of Jun. 22, 2024)


View and export this data going back to . Start your Free Trial

What is Kumari Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Kumari Bank's current share price is NPR137.80. Kumari Bank's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was NPR139.99. Kumari Bank's Cyclically Adjusted PB Ratio for today is 0.98.

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

XNEP:KBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.24   Max: 1.7
Current: 1.01

During the past years, Kumari Bank's highest Cyclically Adjusted PB Ratio was 1.70. The lowest was 0.94. And the median was 1.24.

XNEP:KBL's Cyclically Adjusted PB Ratio is ranked worse than
58.82% of 1207 companies
in the Banks industry
Industry Median: 0.9 vs XNEP:KBL: 1.01

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.

Kumari Bank's adjusted book value per share data for the three months ended in Apr. 2024 was NPR184.609. 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 NPR139.99 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kumari Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kumari 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.

Kumari Bank Cyclically Adjusted PB Ratio Chart

Kumari Bank Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.64 1.40

Kumari Bank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.30 1.40 1.17 1.11 0.96

Competitive Comparison of Kumari Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Kumari 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.


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

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

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



Kumari 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=137.80/139.99
=0.98

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=184.609/132.2892*132.2892
=184.609

Current CPI (Apr. 2024) = 132.2892.

Kumari Bank Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.000 98.692 0.000
201404 99.506 100.023 131.605
201407 103.138 100.520 135.734
201410 104.279 100.176 137.708
201501 82.296 98.604 110.411
201504 84.117 99.824 111.474
201507 87.499 100.691 114.958
201510 89.033 100.346 117.374
201601 84.109 99.957 111.315
201604 87.187 100.947 114.257
201607 94.989 101.524 123.774
201610 98.928 101.988 128.320
201701 102.269 102.456 132.047
201704 103.841 103.167 133.153
201710 205.123 104.070 260.744
201803 77.532 105.290 97.414
201807 93.267 106.324 116.044
201810 98.158 106.695 121.704
201901 102.405 106.200 127.562
201904 102.729 107.818 126.045
201907 104.835 108.250 128.116
201910 108.066 108.577 131.667
202001 85.304 108.841 103.682
202004 86.570 108.173 105.870
202007 118.342 109.318 143.210
202010 121.880 109.861 146.763
202101 124.562 110.364 149.308
202104 129.260 112.673 151.764
202107 130.032 115.183 149.344
202110 132.246 116.696 149.917
202201 132.821 118.619 148.128
202204 139.810 121.978 151.628
202207 145.113 125.002 153.573
202210 152.167 125.734 160.100
202301 148.960 126.223 156.119
202304 142.117 127.992 146.888
202307 136.317 128.974 139.821
202310 143.548 129.810 146.290
202401 276.998 130.124 281.606
202404 184.609 132.289 184.609

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.


Kumari Bank  (XNEP:KBL) 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.


Kumari Bank Cyclically Adjusted PB Ratio Related Terms

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


Kumari Bank (XNEP:KBL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tangal, Kathmandu, NPL
Kumari Bank Ltd provides various banking services in Nepal. It includes agency services, trade finance services, card services, e-commerce products and services, remittances, and bullion trading services with technological banking support services. The company's operating segments include Remittance Services, Digital Banking Business, Treasury Business, and Banking. It generates maximum revenue from the Banking segment.

Kumari Bank (XNEP:KBL) Headlines

No Headlines