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DFCC Bank (COL:DFCC.N0000) Cyclically Adjusted PB Ratio : 0.47 (As of May. 26, 2024)


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What is DFCC Bank Cyclically Adjusted PB Ratio?

As of today (2024-05-26), DFCC Bank's current share price is රු80.00. DFCC Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was රු170.62. DFCC Bank's Cyclically Adjusted PB Ratio for today is 0.47.

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

COL:DFCC.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.54
Current: 0.47

During the past years, DFCC Bank's highest Cyclically Adjusted PB Ratio was 0.54. The lowest was 0.18. And the median was 0.34.

COL:DFCC.N0000's Cyclically Adjusted PB Ratio is ranked better than
84.07% of 1193 companies
in the Banks industry
Industry Median: 0.92 vs COL:DFCC.N0000: 0.47

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.

DFCC Bank's adjusted book value per share data for the three months ended in Mar. 2024 was රු168.920. 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 රු170.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFCC Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DFCC 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.

DFCC Bank Cyclically Adjusted PB Ratio Chart

DFCC Bank Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.34 0.18 0.46

DFCC 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 0.26 0.27 0.50 0.46 0.45

Competitive Comparison of DFCC Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, DFCC 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.


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

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

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



DFCC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.00/170.62
=0.47

* 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.

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

For example, DFCC 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)
=168.92/131.7762*131.7762
=168.920

Current CPI (Mar. 2024) = 131.7762.

DFCC Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 133.445 100.560 174.870
201409 143.926 100.428 188.852
201412 152.241 99.070 202.501
201503 151.887 99.621 200.912
201506 146.773 100.684 192.098
201509 147.638 100.392 193.793
201512 0.000 99.792 0.000
201603 130.681 100.470 171.400
201606 132.420 101.688 171.601
201609 145.692 101.861 188.480
201612 148.529 101.863 192.147
201703 143.601 102.862 183.966
201706 150.478 103.349 191.868
201709 153.172 104.136 193.828
201712 155.742 104.011 197.316
201803 154.520 105.290 193.391
201806 150.356 106.317 186.361
201809 147.951 106.507 183.053
201812 143.926 105.998 178.928
201903 139.564 107.251 171.479
201906 130.597 108.070 159.245
201909 133.861 108.329 162.834
201912 135.834 108.420 165.096
202003 139.410 108.902 168.693
202006 139.802 108.767 169.376
202009 140.630 109.815 168.754
202012 142.086 109.897 170.374
202103 146.313 111.754 172.526
202106 146.492 114.631 168.402
202109 145.892 115.734 166.114
202112 142.146 117.630 159.241
202203 119.107 121.301 129.393
202206 94.357 125.017 99.459
202209 106.500 125.227 112.070
202212 124.844 125.222 131.379
202303 140.489 127.348 145.374
202306 143.827 128.729 147.232
202309 161.243 129.860 163.623
202312 166.375 129.419 169.405
202403 168.920 131.776 168.920

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.


DFCC Bank  (COL:DFCC.N0000) 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.


DFCC Bank Cyclically Adjusted PB Ratio Related Terms

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


DFCC Bank (COL:DFCC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
73/5, Galle Road, Colombo, LKA, 03
DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

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