Trust Bank (DHA:TRUSTBANK) Cyclically Adjusted PS Ratio: 0.97 (As of Jul. 25, 2026) — Near Median

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DHA:TRUSTBANK Trust Bank PLC DHA:TRUSTBANK
73 GF Score
Price BDT15.80
GF Value BDT21.82
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Trust Bank Cyclically Adjusted PS Ratio?

Trust Bank DHA:TRUSTBANK -1.25% 73 Cyclically Adjusted PS Ratio is 0.97 as of Jul. 25, 2026, which is 7% below its 10-year median of 1.04. GuruFocus rates DHA:TRUSTBANK with a GF Score™ of 73/100 and a GF Value™ of BDT21.82 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,299 Banks companies, Trust Bank ranks better than 91.45% on this metric.

As of today (2026-07-25), Trust Bank's current share price is BDT15.80. Trust Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT16.34. Trust Bank's Cyclically Adjusted PS Ratio for today is 0.97.

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

DHA:TRUSTBANK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.04   Max: 1.15
Current: 0.97

During the past years, Trust Bank's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.90. And the median was 1.04.

DHA:TRUSTBANK's Cyclically Adjusted PS Ratio is ranked better than
91.45% of 1299 companies
in the Banks industry
Industry Median: 3.36 vs DHA:TRUSTBANK: 0.97

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.

Trust Bank's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT4.789. 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 BDT16.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trust Bank  (DHA:TRUSTBANK) 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.


Trust Bank Cyclically Adjusted PS Ratio Related Terms


Trust Bank Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trust Bank'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.

Trust Bank Cyclically Adjusted PS Ratio Chart

Trust Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.04

Trust Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 1.08 1.04 1.02

Trust Bank Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, Trust Bank'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.


Trust Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


DHA:TRUSTBANK
73GF Score
Trust Bank PLC DHA:TRUSTBANK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trust Bank 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.

Trust Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.80/16.34
=0.97

* 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.

Trust Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Trust Bank's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.789/330.2130*330.2130
=4.789

Current CPI (Mar. 2026) = 330.2130.

Trust Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.983 241.018 2.717
201609 1.908 241.428 2.610
201612 2.189 241.432 2.994
201703 2.051 243.801 2.778
201706 2.426 244.955 3.270
201709 2.520 246.819 3.371
201712 2.425 246.524 3.248
201803 2.310 249.554 3.057
201806 2.279 251.989 2.986
201809 2.514 252.439 3.289
201812 2.698 251.233 3.546
201903 2.612 254.202 3.393
201906 2.718 256.143 3.504
201909 2.603 256.759 3.348
201912 2.760 256.974 3.547
202003 2.917 258.115 3.732
202006 2.561 257.797 3.280
202009 3.083 260.280 3.911
202012 2.699 260.474 3.422
202103 3.269 264.877 4.075
202106 3.457 271.696 4.202
202109 3.584 274.310 4.314
202112 4.428 278.802 5.245
202203 3.994 287.504 4.587
202206 4.829 296.311 5.382
202209 4.038 296.808 4.492
202212 3.420 296.797 3.805
202303 3.537 301.836 3.870
202306 4.534 305.109 4.907
202309 4.402 307.789 4.723
202312 4.946 306.746 5.324
202403 4.755 312.332 5.027
202406 4.908 314.175 5.159
202409 4.986 315.301 5.222
202412 5.036 315.605 5.269
202503 5.158 319.799 5.326
202506 6.193 322.561 6.340
202509 4.906 324.800 4.988
202512 4.287 324.054 4.368
202603 4.789 330.213 4.789

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.

What does a Cyclically Adjusted PS Ratio of 0.97 mean?
Trust Bank (DHA:TRUSTBANK) has a Cyclically Adjusted PS Ratio of 0.97 as of Jul. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Trust Bank and its competitors. This is near median its historical median of 1.04. Over the past decade, Trust Bank's Cyclically Adjusted PS Ratio has ranged from 0.90 to 1.15. According to the industry distribution chart, Trust Bank ranks #111 out of 1299 companies in the Banks industry, placing it in the top 8.5%.
Is Trust Bank's Cyclically Adjusted PS Ratio too high?
Trust Bank's current Cyclically Adjusted PS Ratio of 0.97 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.15. The Banks industry median Cyclically Adjusted PS Ratio is 3.36. Trust Bank's value of 0.97 is 71.1% below this industry median. Based on the distribution chart, Trust Bank ranks #111 out of 1299 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Trust Bank has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trust Bank's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, Trust Bank ranks #111 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Trust Bank in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.36. Trust Bank's value of 0.97 is 71.1% below this benchmark. Historically, Trust Bank's own Cyclically Adjusted PS Ratio has ranged from 0.90 to 1.15 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 3.36, Trust Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.36, based on 1,299 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trust Bank's current Cyclically Adjusted PS Ratio of 0.97 is 71.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Trust Bank and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trust Bank's current Cyclically Adjusted PS Ratio is 0.97, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trust Bank stock overvalued right now?
Based on GuruFocus' analysis, Trust Bank (DHA:TRUSTBANK) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT21.82, compared to a current price of BDT15.80 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.97, which is near median its 10-year median of 1.04 and 71.1% below the Banks industry median of 3.36. Trust Bank's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Trust Bank (DHA:TRUSTBANK), the current Cyclically Adjusted PS Ratio is 0.97 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trust Bank (DHA:TRUSTBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Trust Bank stock appears to be undervalued. The current stock price of BDT15.80 is trading 27.6% below its estimated GF Value™ of BDT21.82. GuruFocus considers Trust Bank to be Modestly Undervalued.

Key valuation signals for DHA:TRUSTBANK:

  • Cyclically Adjusted PS Ratio: 0.97 (near median its 10-year median of 1.04)
  • GF Value™: BDT21.82 vs. price of BDT15.80 (27.6% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 71.1% below the Banks median (#111 of 1299)

No single metric tells the full story. See the DHA:TRUSTBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trust Bank Business Description

Address Shadhinata Tower, Bir Srestha Shaheed Jahangir Gate, Dhaka Cantonment, Dhaka, BGD, 1206
Trust Bank PLC is a full-service commercial bank. The Bank offers a wide range of banking products and services, such as Retail banking, SME banking, Islamic banking, corporate banking, and international banking, among others. The bank provides a range of banking services that include deposit banking, loans & advances, export-import financing, and national & international remittance facilities, issuing debit and credit cards, SMS banking, internet banking, call center, dealing in government securities, etc.
73GF Score

Get the complete analysis for DHA:TRUSTBANK

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT15.80
Price
BDT21.82
GF Value