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Faysal Bank (KAR:FABL) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 07, 2024)


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What is Faysal Bank Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Faysal Bank's current share price is ₨43.71. Faysal Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨38.53. Faysal Bank's Cyclically Adjusted PB Ratio for today is 1.13.

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

KAR:FABL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.82   Max: 1.13
Current: 1.13

During the past years, Faysal Bank's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.59. And the median was 0.82.

KAR:FABL's Cyclically Adjusted PB Ratio is ranked worse than
65.6% of 1192 companies
in the Banks industry
Industry Median: 0.91 vs KAR:FABL: 1.13

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.

Faysal Bank's adjusted book value per share data for the three months ended in Mar. 2024 was ₨59.971. 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 ₨38.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Faysal Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Faysal 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.

Faysal Bank Cyclically Adjusted PB Ratio Chart

Faysal 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 - - 0.81 0.78 0.88

Faysal 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 0.64 0.58 0.62 0.88 0.88

Competitive Comparison of Faysal Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Faysal 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.


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

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

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



Faysal 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.71/38.53
=1.13

* 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.

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

For example, Faysal 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)
=59.971/131.7762*131.7762
=59.971

Current CPI (Mar. 2024) = 131.7762.

Faysal Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.316 100.560 18.760
201409 14.512 100.428 19.042
201412 17.331 99.070 23.053
201503 18.447 99.621 24.401
201506 18.579 100.684 24.316
201509 19.542 100.392 25.651
201512 19.999 99.792 26.409
201603 20.142 100.470 26.418
201606 21.255 101.688 27.544
201609 21.854 101.861 28.272
201612 23.067 101.863 29.841
201703 23.943 102.862 30.673
201706 24.522 103.349 31.267
201709 25.029 104.136 31.672
201712 25.850 104.011 32.750
201803 26.643 105.290 33.345
201806 27.321 106.317 33.863
201809 27.946 106.507 34.576
201812 28.645 105.998 35.611
201903 29.845 107.251 36.670
201906 30.565 108.070 37.270
201909 31.491 108.329 38.307
201912 36.374 108.420 44.210
202003 37.659 108.902 45.569
202006 38.186 108.767 46.264
202009 39.174 109.815 47.008
202012 39.677 109.897 47.576
202103 40.700 111.754 47.992
202106 42.198 114.631 48.509
202109 42.816 115.734 48.751
202112 43.573 117.630 48.813
202203 44.102 121.301 47.911
202206 44.792 125.017 47.214
202209 46.313 125.227 48.735
202212 46.527 125.222 48.962
202303 46.767 127.348 48.393
202306 50.105 128.729 51.291
202309 52.378 129.860 53.151
202312 59.910 129.419 61.001
202403 59.971 131.776 59.971

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.


Faysal Bank  (KAR:FABL) 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.


Faysal Bank Cyclically Adjusted PB Ratio Related Terms

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


Faysal Bank (KAR:FABL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Faysal House, Street-02, Commercial Lane, Main Shahrah-e-Faisal, Karachi, SD, PAK
Faysal Bank Ltd offers a wide range of banking services to all customer segments, i.e retail, small and medium-sized enterprises, commercial, agri-based and corporate. The bank operates in Pakistan. The services provided by the bank include Personal banking, business banking, wealth management, e-banking, etc.

Faysal Bank (KAR:FABL) Headlines

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