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Southeast Bank (DHA:SOUTHEASTB) Cyclically Adjusted Book per Share : BDT26.99 (As of Mar. 2024)


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What is Southeast 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.

Southeast Bank's adjusted book value per share for the three months ended in Mar. 2024 was BDT25.557. 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 BDT26.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southeast Bank's average Cyclically Adjusted Book Growth Rate was 3.50% 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), Southeast Bank's current stock price is BDT10.40. Southeast Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT26.99. Southeast Bank's Cyclically Adjusted PB Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Southeast Bank was 0.53. The lowest was 0.37. And the median was 0.50.


Southeast Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Southeast 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.

Southeast Bank Cyclically Adjusted Book per Share Chart

Southeast 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 - - - 25.52 26.54

Southeast 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 26.08 26.36 26.57 26.54 26.99

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

For the Banks - Regional subindustry, Southeast 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.


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

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

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



Southeast 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, Southeast 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)
=25.557/131.7762*131.7762
=25.557

Current CPI (Mar. 2024) = 131.7762.

Southeast Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.123 100.560 22.438
201409 17.833 100.428 23.400
201412 19.086 99.070 25.387
201503 18.588 99.621 24.588
201506 19.100 100.684 24.998
201509 20.473 100.392 26.873
201512 21.157 99.792 27.938
201603 21.613 100.470 28.347
201606 20.484 101.688 26.545
201609 21.015 101.861 27.187
201612 20.625 101.863 26.682
201703 21.533 102.862 27.586
201706 20.042 103.349 25.555
201709 20.925 104.136 26.479
201712 20.081 104.011 25.441
201803 20.534 105.290 25.700
201806 21.197 106.317 26.273
201809 21.975 106.507 27.189
201812 21.864 105.998 27.181
201903 22.163 107.251 27.231
201906 23.658 108.070 28.848
201909 24.207 108.329 29.446
201912 23.717 108.420 28.826
202003 24.608 108.902 29.777
202006 25.207 108.767 30.539
202009 26.945 109.815 32.334
202012 23.099 109.897 27.698
202103 24.267 111.754 28.615
202106 25.862 114.631 29.730
202109 25.292 115.734 28.798
202112 23.319 117.630 26.123
202203 24.830 121.301 26.974
202206 25.850 125.017 27.248
202209 25.246 125.227 26.566
202212 23.916 125.222 25.168
202303 25.053 127.348 25.924
202306 26.362 128.729 26.986
202309 25.703 129.860 26.082
202312 24.919 129.419 25.373
202403 25.557 131.776 25.557

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


Southeast Bank  (DHA:SOUTHEASTB) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.40/26.99
=0.39

* 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 Southeast Bank was 0.53. The lowest was 0.37. And the median was 0.50.


Be Aware

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


Southeast Bank Cyclically Adjusted Book per Share Related Terms

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


Southeast Bank (DHA:SOUTHEASTB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Eunoos Trade Centre (Level-2), 52-53, Dilkusha Commercial Area, Dhaka, BGD, 1000
Southeast Bank PLC is a commercial bank. The company provides services for all commercial banking needs of the customers, which includes deposit banking, loans, and advances, export-import financing, inland, and international remittance facility, etc.

Southeast Bank (DHA:SOUTHEASTB) Headlines

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