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Shahjalal Islami Bank (DHA:SHAHJABANK) Cyclically Adjusted Book per Share : BDT17.26 (As of Mar. 2024)


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What is Shahjalal Islami 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.

Shahjalal Islami Bank's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was BDT21.383. 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 BDT17.26 for the trailing ten years ended in Dec. 2023.

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 (2024-06-10), Shahjalal Islami Bank's current stock price is BDT 18.10. Shahjalal Islami Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was BDT17.26. Shahjalal Islami Bank's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Shahjalal Islami Bank was 1.16. The lowest was 1.05. And the median was 1.15.


Shahjalal Islami Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shahjalal Islami 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.

Shahjalal Islami Bank Cyclically Adjusted Book per Share Chart

Shahjalal Islami 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 - - - 15.88 17.26

Shahjalal Islami 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 - - - 17.26 -

Competitive Comparison of Shahjalal Islami Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Shahjalal Islami 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.


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

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

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



Shahjalal Islami 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, Shahjalal Islami Bank's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.383/129.4194*129.4194
=21.383

Current CPI (Dec. 2023) = 129.4194.

Shahjalal Islami Bank Annual Data

Book Value per Share CPI Adj_Book
201412 10.526 99.070 13.751
201512 11.051 99.792 14.332
201612 11.685 101.863 14.846
201712 12.232 104.011 15.220
201812 13.351 105.998 16.301
201912 14.846 108.420 17.721
202012 16.146 109.897 19.014
202112 17.817 117.630 19.603
202212 19.724 125.222 20.385
202312 21.383 129.419 21.383

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


Shahjalal Islami Bank  (DHA:SHAHJABANK) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18.10/17.26
=1.05

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Shahjalal Islami Bank was 1.16. The lowest was 1.05. And the median was 1.15.


Be Aware

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


Shahjalal Islami Bank Cyclically Adjusted Book per Share Related Terms

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


Shahjalal Islami Bank (DHA:SHAHJABANK) Business Description

Traded in Other Exchanges
N/A
Address
Gulshan Avenue, Plot No. 04, Block-CWN(C), Shahjalal Islami Bank Tower, Dhaka, BGD, 1212
Shahjalal Islami Bank PLC provides commercial banking products and services in Bangladesh. It offers various deposit products, including current deposit accounts, savings deposit accounts, term deposit accounts, and short notice deposit accounts. The operating segment of the company are Corporate Banking, SME Banking, Retail Banking and Treasury.

Shahjalal Islami Bank (DHA:SHAHJABANK) Headlines

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