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National Bank of Bangladesh (DHA:NBL) Cyclically Adjusted PS Ratio : 1.23 (As of May. 01, 2024)


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What is National Bank of Bangladesh Cyclically Adjusted PS Ratio?

As of today (2024-05-01), National Bank of Bangladesh's current share price is BDT5.70. National Bank of Bangladesh's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was BDT4.64. National Bank of Bangladesh's Cyclically Adjusted PS Ratio for today is 1.23.

The historical rank and industry rank for National Bank of Bangladesh's Cyclically Adjusted PS Ratio or its related term are showing as below:

DHA:NBL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.72   Max: 1.79
Current: 1.19

During the past years, National Bank of Bangladesh's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 1.19. And the median was 1.72.

DHA:NBL's Cyclically Adjusted PS Ratio is ranked better than
83.14% of 1192 companies
in the Banks industry
Industry Median: 2.36 vs DHA:NBL: 1.19

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

National Bank of Bangladesh's adjusted revenue per share data for the three months ended in Sep. 2023 was BDT-0.387. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is BDT4.64 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank of Bangladesh Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Bank of Bangladesh's Cyclically Adjusted PS 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 Bangladesh Cyclically Adjusted PS Ratio Chart

National Bank of Bangladesh Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.70

National Bank of Bangladesh Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PS 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 1.61 1.70 1.72 1.74 1.79

Competitive Comparison of National Bank of Bangladesh's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, National Bank of Bangladesh's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Bangladesh's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Bangladesh's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Bank of Bangladesh's Cyclically Adjusted PS Ratio falls into.



National Bank of Bangladesh Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

National Bank of Bangladesh's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.70/4.64
=1.23

* 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 Bangladesh's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, National Bank of Bangladesh's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.387/129.8595*129.8595
=-0.387

Current CPI (Sep. 2023) = 129.8595.

National Bank of Bangladesh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201403 0.823 99.695 1.072
201406 1.170 100.560 1.511
201409 1.088 100.428 1.407
201412 0.949 99.070 1.244
201503 0.897 99.621 1.169
201506 1.251 100.684 1.614
201509 0.827 100.392 1.070
201512 1.354 99.792 1.762
201603 1.125 100.470 1.454
201606 1.895 101.688 2.420
201609 0.911 101.861 1.161
201612 1.553 101.863 1.980
201703 0.915 102.862 1.155
201706 1.088 103.349 1.367
201709 0.938 104.136 1.170
201712 2.277 104.011 2.843
201803 0.742 105.290 0.915
201806 1.352 106.317 1.651
201809 1.402 106.507 1.709
201812 1.381 105.998 1.692
201903 0.868 107.251 1.051
201906 1.045 108.070 1.256
201909 1.169 108.329 1.401
201912 1.768 108.420 2.118
202003 1.088 108.902 1.297
202006 0.619 108.767 0.739
202009 0.836 109.815 0.989
202012 2.295 109.897 2.712
202103 0.717 111.754 0.833
202106 0.992 114.631 1.124
202109 0.799 115.734 0.897
202112 0.524 117.630 0.578
202203 0.379 121.301 0.406
202206 0.668 125.017 0.694
202209 0.351 125.227 0.364
202212 -1.304 125.222 -1.352
202303 0.084 127.348 0.086
202306 0.079 128.729 0.080
202309 -0.387 129.860 -0.387

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Bangladesh  (DHA:NBL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


National Bank of Bangladesh Cyclically Adjusted PS Ratio Related Terms

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


National Bank of Bangladesh (DHA:NBL) Business Description

Traded in Other Exchanges
N/A
Address
116/1, Kazi Nazrul Islam Avenue, GPO Box 3424, Banglamotor, Dhaka, BGD
National Bank of Bangladesh Ltd and its subsidiaries provide banking and other financial services. Its business is divided into deposits, credit and cards divisions. These divisions provide products and services such as savings deposit, current deposit, term deposit, foreign currency deposit, monthly saving scheme, overdraft, lease financing, house building, credit to small medium enterprises, consumer credit schemes and gold and silver local and international cards.