# JBBL vs MLBL

[JBBL](https://nepse.link/stocks/JBBL) (Jyoti Bikas Bank Limited) and [MLBL](https://nepse.link/stocks/MLBL) (Mahalaxmi Bikas Bank Ltd.) are two of the most traded Development Banks stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

JBBL is ahead of MLBL on 5 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. MLBL is the bigger company by market value (Rs 1,682.71 crore), 1.1 times JBBL (Rs 1,558.31 crore).

## Which is ahead on each measure

- JBBL is cheaper on P/E (19.5 against 35.5 for MLBL).
- JBBL is cheaper on price to book (2.0 against 2.2 for MLBL).
- JBBL has done better over a year (+10.1% against +3.2% for MLBL).
- MLBL declared the bigger latest dividend (10.37% for 081/082).
- JBBL earns more on its equity (ROE 10.49% against 6.32%).
- JBBL grew its net profit faster against the same quarter last year (+184.6% against +21.5% for MLBL).

## JBBL and MLBL side by side

| Measure | JBBL | MLBL |
| --- | --- | --- |
| Last close | Rs 354.50 | Rs 373.00 |
| Change, 1 month | +4.08% | +4.25% |
| Change, 1 year | +10.09% | +3.23% |
| EPS | Rs 18.21 | Rs 10.50 |
| P/E | 19.5 | 35.5 |
| Book value per share | Rs 173.59 | Rs 166.73 |
| Price to book | 2.04 | 2.24 |
| ROE | 10.49% | 6.32% |
| Net profit growth, same quarter last year | +184.6% | +21.5% |
| Latest dividend | 0.00% (081/082) | 10.37% (081/082) |
| Market value | Rs 1,558.31 crore | Rs 1,682.71 crore |
| Average daily turnover, 30 days | Rs 2.21 crore | Rs 1.78 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.78 (1 means they move in step, 0 means unrelated). That is high: holding both adds little diversification.

## More Development Banks comparisons

- [GBBL vs JBBL](https://nepse.link/stocks/compare/GBBL-vs-JBBL)
- [GBBL vs MLBL](https://nepse.link/stocks/compare/GBBL-vs-MLBL)
- [JBBL vs LBBL](https://nepse.link/stocks/compare/JBBL-vs-LBBL)
- [JBBL vs SADBL](https://nepse.link/stocks/compare/JBBL-vs-SADBL)
- [LBBL vs MLBL](https://nepse.link/stocks/compare/LBBL-vs-MLBL)
- [MLBL vs SADBL](https://nepse.link/stocks/compare/MLBL-vs-SADBL)
- [Every Development Banks stock](https://nepse.link/stocks/sector/development-banks)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.