Financial Ratios of 11 national level development banks (Part 3)
August 18, 2019 | Investopaper
In Part 1, we covered the Comparison of 11 national level development banks (Part 1) based on paid-up capital, reserve, deposits and loans.
Similarly, In Part 2, we made a Profitability comparison of 11 development banks (Part 2), based on net interest income, net profit, distributable profit and dividend capacity.
Therefore, in this part, we will try to compare the financial ratios of the development banks. The ranking will be based on following financial indicators:
- Earning Per Share (EPS)
- Net-worth Per Share
- Non-Performing Loans (NPL)
- Base Rate
- Market Price and P/E Ratio
Note:
- The ranking will be based on the un-audited fourth quarter report of the fiscal year 2075/76. The audited report may vary.
- The reports based on NFRS is taken as the source for the data.
- The market share price is taken at the end of the Ashad, 2076. Hence, the current share price may vary.
- P/E ratio is calculated based on the market price of Ashad 31, 2076. P/E ratio may differ taking current share price.
See the financial ratios of the 11 development banks and decide which development banks excel while others fail.
Development Banks: Earning Per Share (EPS)
| RANK | DEVELOPMENT BANKS | EARNINGS PER SHARE, EPS (Rs.) |
| 1 | Mahalaxmi | 28.28 |
| 2 | Muktinath | 27.84 |
| 3 | Lumbini Bikas | 25.22 |
| 4 | Om | 23.84 |
| 5 | Kailash | 23.83 |
| 6 | Gandaki | 21.96 |
| 7 | Garima | 21.24 |
| 8 | Jyoti | 16.39 |
| 9 | Shangrila | 13.53 |
| 10 | Kamana Sewa | 12.81 |
| 11 | Deva | 12.25 |
Development Banks: Networth-Per Share
| RANK | DEVELOPMENT BANKS | NET-WORTH PER SHARE (Rs.) |
| 1 | Lumbini Bikas | 174.06 |
| 2 | Mahalaxmi | 163.10 |
| 3 | Om | 156.63 |
| 4 | Kailash | 150.74 |
| 5 | Muktinath | 146.39 |
| 6 | Gandaki | 144.69 |
| 7 | Garima | 135.46 |
| 8 | Kamana Sewa | 131.09 |
| 9 | Jyoti | 127.28 |
| 10 | Deva | 127.10 |
| 11 | Shangrila | 126.21 |
Development Banks: Non-Performing Loans (NPL)
| RANK | DEVELOPMENT BANKS | NON PERFORMING LOANS, NPL (%) |
| 1 | Muktinath | 0.07 |
| 2 | Garima | 0.2 |
| 3 | Kailash | 0.24 |
| 4 | Gandaki | 0.33 |
| 5 | Jyoti | 0.64 |
| 6 | Om | 0.64 |
| 7 | Shangrila | 0.8 |
| 8 | Kamana Sewa | 0.9 |
| 9 | Lumbini Bikas | 1.57 |
| 10 | Deva | 2.37 |
| 11 | Mahalaxmi | 2.54 |
Development Banks: Base Rate
| RANK | DEVELOPMENT BANKS | BASE RATE (%) |
| 1 | Deva | 10.94 |
| 2 | Lumbini Bikas | 11.02 |
| 3 | Kailash | 11.08 |
| 4 | Garima | 11.09 |
| 5 | Gandaki | 11.14 |
| 6 | Om | 11.19 |
| 7 | Mahalaxmi | 11.25 |
| 8 | Muktinath | 11.36 |
| 9 | Jyoti | 11.46 |
| 10 | Kamana Sewa | 11.59 |
| 11 | Shangrila | 11.66 |
Development Banks: Market Price and P/E Ratio
| RANK | DEVELOPMENT BANKS | MARKET PRICE PER SHARE (Rs.) [Ashad 31] | P/E RATIO (based on price of Ashad 31, 2076) |
| 1 | Mahalaxmi | 195 | 6.90 |
| 2 | Lumbini Bikas | 197 | 7.81 |
| 3 | Om | 197 | 8.26 |
| 4 | Gandaki | 216 | 9.84 |
| 5 | Jyoti | 163 | 9.95 |
| 6 | Kailash | 238 | 9.99 |
| 7 | Garima | 224 | 10.55 |
| 8 | Shangrila | 159 | 11.75 |
| 9 | Deva | 146 | 11.92 |
| 10 | Kamana Sewa | 160 | 12.49 |
| 11 | Muktinath | 370 | 13.29 |
