Eastern Bank PLC.

DSE:EBL Stock Report

Market Cap: ৳32.1b

Eastern Bank Valuation

Is EBL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EBL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EBL (BDT23.6) is trading below our estimate of fair value (BDT26.78)

Significantly Below Fair Value: EBL is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EBL?

Key metric: As EBL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EBL. This is calculated by dividing EBL's market cap by their current earnings.
What is EBL's PE Ratio?
PE Ratio4.9x
Earnings৳6.49b
Market Cap৳32.05b

Price to Earnings Ratio vs Peers

How does EBL's PE Ratio compare to its peers?

The above table shows the PE ratio for EBL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average4.5x
CITYBANK City Bank
4.1xn/a৳29.0b
PRIMEBANK Prime Bank
4.2xn/a৳26.4b
PUBALIBANK Pubali Bank
3.3xn/a৳31.9b
DUTCHBANGL Dutch-Bangla Bank
6.6xn/a৳41.1b
EBL Eastern Bank
4.9xn/a৳32.1b

Price-To-Earnings vs Peers: EBL is expensive based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (4.5x).

Price to Earnings Ratio vs Industry

How does EBL's PE Ratio compare vs other companies in the BD Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
EBL 4.9xIndustry Avg. 5.5xNo. of Companies11PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EBL is good value based on its Price-To-Earnings Ratio (4.9x) compared to the BD Banks industry average (5.5x).

Price to Earnings Ratio vs Fair Ratio

What is EBL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EBL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EBL's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EBL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current৳23.60
৳29.40
+24.6%
9.5%৳32.20৳26.60n/a2
Aug ’25৳25.90
৳33.70
+30.1%
21.1%৳40.80৳26.60n/a2
Jul ’25৳25.90
৳33.70
+30.1%
21.1%৳40.80৳26.60n/a2
Jun ’25৳25.60
৳33.70
+31.6%
21.1%৳40.80৳26.60n/a2
May ’25৳26.10
৳33.70
+29.1%
21.1%৳40.80৳26.60n/a2
Apr ’25৳28.36
৳33.29
+17.4%
22.6%৳40.80৳25.78n/a2
Mar ’25৳26.84
৳33.29
+24.0%
22.6%৳40.80৳25.78n/a2
Feb ’25৳26.49
৳33.29
+25.7%
22.6%৳40.80৳25.78n/a2
Jan ’25৳26.13
৳32.76
+25.3%
24.6%৳40.80৳24.71n/a2
Dec ’24৳26.13
৳32.76
+25.3%
24.6%৳40.80৳24.71n/a2
Nov ’24৳26.13
৳32.76
+25.3%
24.6%৳40.80৳24.71৳24.902
Oct ’24৳26.13
৳32.76
+25.3%
24.6%৳40.80৳24.71৳25.502
Apr ’24৳25.13
৳29.59
+17.8%
10.3%৳32.63৳26.55৳28.362
Mar ’24৳25.13
৳29.59
+17.8%
10.3%৳32.63৳26.55৳26.842
Feb ’24৳25.13
৳29.59
+17.8%
10.3%৳32.63৳26.55৳26.492
Jan ’24৳25.13
৳29.59
+17.8%
10.3%৳32.63৳26.55৳26.132
Dec ’23৳25.13
৳29.59
+17.8%
10.3%৳32.63৳26.55৳26.132
Nov ’23৳25.13
৳29.59
+17.8%
10.3%৳32.63৳26.55৳26.132

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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