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One Bank (DHA:ONEBANKPLC) Cyclically Adjusted PB Ratio : 0.43 (As of Jun. 09, 2024)


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What is One Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-09), One Bank's current share 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 for today is 0.43.

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

DHA:ONEBANKPLC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.62   Max: 0.82
Current: 0.43

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

DHA:ONEBANKPLC's Cyclically Adjusted PB Ratio is ranked better than
85.85% of 1194 companies
in the Banks industry
Industry Median: 0.91 vs DHA:ONEBANKPLC: 0.43

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


One Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for One 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.

One Bank Cyclically Adjusted PB Ratio Chart

One 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 - - 0.79 0.62 0.58

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 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 0.59 0.58 0.58 0.48

Competitive Comparison of One Bank's Cyclically Adjusted PB Ratio

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 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.

One Bank's Cyclically Adjusted PB Ratio for 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.

One Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


One Bank  (DHA:ONEBANKPLC) 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.


One Bank Cyclically Adjusted PB Ratio Related Terms

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


One Bank (DHA:ONEBANKPLC) Business Description

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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