Trust Bank PLC.

DSE:TRUSTBANK Stock Report

Market Cap: ৳21.2b

Trust Bank Valuation

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

Below Fair Value: TRUSTBANK (BDT22.9) is trading above our estimate of fair value (BDT20.03)

Significantly Below Fair Value: TRUSTBANK is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TRUSTBANK. This is calculated by dividing TRUSTBANK's market cap by their current earnings.
What is TRUSTBANK's PE Ratio?
PE Ratio4.9x
Earnings৳4.32b
Market Cap৳21.18b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TRUSTBANK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.8x
BANKASIA Bank Asia
20.5xn/a৳19.7b
SHAHJABANK Shahjalal Islami Bank
5.1xn/a৳20.0b
MIDLANDBNK Midland Bank
20.5xn/a৳22.7b
ALARABANK Al-Arafah Islami Bank
13xn/a৳22.5b
TRUSTBANK Trust Bank
4.9xn/a৳21.2b

Price-To-Earnings vs Peers: TRUSTBANK is good value based on its Price-To-Earnings Ratio (4.9x) compared to the peer average (14.8x).

Price to Earnings Ratio vs Industry

How does TRUSTBANK'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
TRUSTBANK 4.9xIndustry Avg. 5.5xNo. of Companies11PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TRUSTBANK 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 TRUSTBANK'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.

TRUSTBANK 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 TRUSTBANK'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?

Analyst Forecast: Insufficient data to show price forecast.

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