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Dhaka Bank (DHA:DHAKABANK) Cyclically Adjusted PB Ratio : 0.49 (As of Jun. 09, 2024)


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What is Dhaka Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Dhaka Bank's current share price is BDT10.10. Dhaka Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was BDT20.50. Dhaka Bank's Cyclically Adjusted PB Ratio for today is 0.49.

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

DHA:DHAKABANK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.63   Max: 0.65
Current: 0.5

During the past 11 years, Dhaka Bank's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.50. And the median was 0.63.

DHA:DHAKABANK's Cyclically Adjusted PB Ratio is ranked better than
82.33% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs DHA:DHAKABANK: 0.50

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.

Dhaka Bank's adjusted book value per share data of for the fiscal year that ended in Dec23 was BDT22.259. 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 BDT20.50 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhaka Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dhaka 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.

Dhaka Bank Cyclically Adjusted PB Ratio Chart

Dhaka Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.65 0.61

Dhaka 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 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 - - - 0.61 -

Competitive Comparison of Dhaka Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Dhaka 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.


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

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

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



Dhaka 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.10/20.5
=0.49

* 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.

Dhaka Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dhaka Bank's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=22.259/129.4194*129.4194
=22.259

Current CPI (Dec23) = 129.4194.

Dhaka Bank Annual Data

Book Value per Share CPI Adj_Book
201412 12.888 99.070 16.836
201512 13.622 99.792 17.666
201612 14.817 101.863 18.825
201712 15.724 104.011 19.565
201812 17.136 105.998 20.922
201912 17.779 108.420 21.223
202012 19.308 109.897 22.738
202112 20.829 117.630 22.917
202212 21.369 125.222 22.085
202312 22.259 129.419 22.259

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.


Dhaka Bank  (DHA:DHAKABANK) 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.


Dhaka Bank Cyclically Adjusted PB Ratio Related Terms

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


Dhaka Bank (DHA:DHAKABANK) Business Description

Traded in Other Exchanges
N/A
Address
Bir Uttam A K Khandakar Road, Plot-CWS(C), 10, Gulshan-1, Dhaka, BGD, 1212
Dhaka Bank PLC offers a full range of banking and investment services for personal and corporate customers. It offers a full range of real-time online banking services through its Branches, ATMs, ADMs and Internet Banking Channels. The firm offers current account, savings account, fixed deposit, short notice deposit, loans, non-financial services, digital facilities, and digital banking. Its operating segment includes Conventional; Islamic; OBU; DBSL and DBIL. It generates maximum revenue from the Conventional segment.

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