Prime Bank Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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 PRIMEBANK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PRIMEBANK (BDT23.3) is trading below our estimate of fair value (BDT23.56)

Significantly Below Fair Value: PRIMEBANK 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 PRIMEBANK?

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

The above table shows the Price to Earnings ratio for PRIMEBANK. This is calculated by dividing PRIMEBANK's market cap by their current earnings.
What is PRIMEBANK's PE Ratio?
PE Ratio	4.2x
Earnings	৳6.30b
Market Cap	৳26.38b

PRIMEBANK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PRIMEBANK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	10.6x
CITYBANK City Bank	4.1x	n/a	৳29.0b
MIDLANDBNK Midland Bank	20.5x	n/a	৳22.7b
ALARABANK Al-Arafah Islami Bank	13x	n/a	৳22.5b
EBL Eastern Bank	4.9x	n/a	৳32.1b
PRIMEBANK Prime Bank	4.2x	n/a	৳26.4b

Price-To-Earnings vs Peers: PRIMEBANK is good value based on its Price-To-Earnings Ratio (4.2x) compared to the peer average (10.6x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PRIMEBANK is good value based on its Price-To-Earnings Ratio (4.2x) compared to the BD Banks industry average (5.4x).

Price to Earnings Ratio vs Fair Ratio

What is PRIMEBANK'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.

PRIMEBANK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	4.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PRIMEBANK'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 PRIMEBANK forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	৳23.30	৳25.78 +10.6%	21.6%	৳31.36	৳20.20	n/a	2
Nov ’25	৳22.50	৳25.78 +14.6%	21.6%	৳31.36	৳20.20	n/a	2
Oct ’25	৳23.50	৳25.78 +9.7%	21.6%	৳31.36	৳20.20	n/a	2
May ’25	৳22.00	৳18.70 -15.0%	7.0%	৳20.00	৳17.40	n/a	2
Apr ’25	৳21.70	৳18.70 -13.8%	7.0%	৳20.00	৳17.40	n/a	2
Mar ’25	৳22.70	৳18.70 -17.6%	7.0%	৳20.00	৳17.40	n/a	2
Feb ’25	৳22.90	৳18.70 -18.3%	7.0%	৳20.00	৳17.40	n/a	2
Jan ’25	৳20.90	৳18.80 -10.0%	7.4%	৳20.20	৳17.40	n/a	2
Dec ’24	৳19.80	৳18.80 -5.1%	7.4%	৳20.20	৳17.40	n/a	2
Nov ’24	৳21.20	৳18.80 -11.3%	7.4%	৳20.20	৳17.40	৳22.50	2
Dec ’23	৳19.10	৳18.30 -4.2%	19.2%	৳23.20	৳15.10	৳19.80	3
Nov ’23	৳19.20	৳18.30 -4.7%	19.2%	৳23.20	৳15.10	৳21.20	3

Analyst Forecast: Target price is less than 20% higher than the current share price.

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