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One Bank (DHA:ONEBANKPLC) Cyclically Adjusted Book per Share : BDT16.43 (As of Mar. 2024)


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What is One Bank Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

One Bank's adjusted book value per share for the three months ended in Mar. 2024 was BDT18.734. 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 BDT16.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, One Bank's average Cyclically Adjusted Book Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-09), One Bank's current stock price is BDT7.00. One Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT16.43. One Bank's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of One Bank was 0.82. The lowest was 0.43. And the median was 0.62.


One Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for One Bank's Cyclically Adjusted Book per Share 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.

One Bank Cyclically Adjusted Book per Share Chart

One Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 15.36 15.05 15.94

One Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 15.37 15.60 15.79 15.94 16.43

Competitive Comparison of One Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, One 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.


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

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

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



One Bank Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.734/131.7762*131.7762
=18.734

Current CPI (Mar. 2024) = 131.7762.

One Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.821 100.560 10.249
201409 8.099 100.428 10.627
201412 8.992 99.070 11.961
201503 9.183 99.621 12.147
201506 8.844 100.684 11.575
201509 9.409 100.392 12.350
201512 10.213 99.792 13.486
201603 9.888 100.470 12.969
201606 9.993 101.688 12.950
201609 10.635 101.861 13.758
201612 11.802 101.863 15.268
201703 12.570 102.862 16.103
201706 12.155 103.349 15.498
201709 12.677 104.136 16.042
201712 13.337 104.011 16.897
201803 13.555 105.290 16.965
201806 12.590 106.317 15.605
201809 12.858 106.507 15.909
201812 13.618 105.998 16.930
201903 13.799 107.251 16.955
201906 13.982 108.070 17.049
201909 14.154 108.329 17.217
201912 15.127 108.420 18.386
202003 15.782 108.902 19.097
202006 15.941 108.767 19.313
202009 15.741 109.815 18.889
202012 16.479 109.897 19.760
202103 16.738 111.754 19.737
202106 17.322 114.631 19.913
202109 16.980 115.734 19.334
202112 16.619 117.630 18.618
202203 16.909 121.301 18.369
202206 17.246 125.017 18.178
202209 17.297 125.227 18.202
202212 17.624 125.222 18.546
202303 17.795 127.348 18.414
202306 17.916 128.729 18.340
202309 17.947 129.860 18.212
202312 18.446 129.419 18.782
202403 18.734 131.776 18.734

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


One Bank  (DHA:ONEBANKPLC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

One Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.00/16.43
=0.43

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of One Bank was 0.82. The lowest was 0.43. And the median was 0.62.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


One Bank Cyclically Adjusted Book per Share Related Terms

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


One Bank (DHA:ONEBANKPLC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
46, Kawran Bazar C.A, 2nd Floor, HRC Bhaban, Dhaka, BGD, 1215
One Bank PLC provides banking services in Bangladesh. The company provides Retail Banking; Corporate Banking and Small and enterprise banking. Its product and services include deposits, loans and advances, personal and commercial banking, cash management, treasury, brokerage services, export and import financing, local and international remittance facility and others. The bank also provides off-shore banking services through its Off-Shore Banking Unit (OBU). It serves various industries such as Trade Finance, Steel, Readymade Garments, Textiles, Power, Transport and Communication, Construction/Engineering, Pharmaceuticals, Real Estate, and others.

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