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Grameenphone (DHA:GP) Cyclically Adjusted PB Ratio : 6.03 (As of May. 24, 2024)


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What is Grameenphone Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Grameenphone's current share price is BDT224.90. Grameenphone's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT37.30. Grameenphone's Cyclically Adjusted PB Ratio for today is 6.03.

The historical rank and industry rank for Grameenphone's Cyclically Adjusted PB Ratio or its related term are showing as below:

DHA:GP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.23   Med: 8.49   Max: 12.46
Current: 6.23

During the past years, Grameenphone's highest Cyclically Adjusted PB Ratio was 12.46. The lowest was 6.23. And the median was 8.49.

DHA:GP's Cyclically Adjusted PB Ratio is ranked worse than
91% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs DHA:GP: 6.23

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Grameenphone's adjusted book value per share data for the three months ended in Mar. 2024 was BDT59.298. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is BDT37.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grameenphone Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grameenphone's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grameenphone Cyclically Adjusted PB Ratio Chart

Grameenphone Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.12 8.49 7.95

Grameenphone Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.34 8.21 8.03 7.95 6.38

Competitive Comparison of Grameenphone's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Grameenphone's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grameenphone's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Grameenphone's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grameenphone's Cyclically Adjusted PB Ratio falls into.



Grameenphone Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Grameenphone's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=224.90/37.3
=6.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grameenphone's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grameenphone's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=59.298/131.7762*131.7762
=59.298

Current CPI (Mar. 2024) = 131.7762.

Grameenphone Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.913 100.560 33.957
201409 20.354 100.428 26.707
201412 23.228 99.070 30.896
201503 27.190 99.621 35.966
201506 24.487 100.684 32.049
201509 19.554 100.392 25.667
201512 22.680 99.792 29.949
201603 26.835 100.470 35.197
201606 24.739 101.688 32.059
201609 21.014 101.861 27.186
201612 24.863 101.863 32.164
201703 29.719 102.862 38.073
201706 26.588 103.349 33.901
201709 21.247 104.136 26.887
201712 25.229 104.011 31.964
201803 32.729 105.290 40.962
201806 30.730 106.317 38.089
201809 24.815 106.507 30.703
201812 27.280 105.998 33.914
201903 37.987 107.251 46.674
201906 25.147 108.070 30.663
201909 21.530 108.329 26.190
201912 28.399 108.420 34.517
202003 36.314 108.902 43.942
202006 37.695 108.767 45.669
202009 31.285 109.815 37.542
202012 38.590 109.897 46.273
202103 45.185 111.754 53.280
202106 36.984 114.631 42.515
202109 30.822 115.734 35.094
202112 36.939 117.630 41.381
202203 42.936 121.301 46.644
202206 37.254 125.017 39.268
202209 31.476 125.227 33.122
202212 34.223 125.222 36.014
202303 39.997 127.348 41.388
202306 39.338 128.729 40.269
202309 44.871 129.860 45.533
202312 49.389 129.419 50.288
202403 59.298 131.776 59.298

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Grameenphone  (DHA:GP) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Grameenphone Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Grameenphone's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Grameenphone (DHA:GP) Business Description

Traded in Other Exchanges
N/A
Address
GPHOUSE, Basundhara, Baridhara, Dhaka, BGD, 1229
Grameenphone Ltd is a mobile telecommunication operator based in Bangladesh. It is involved in providing mobile telecommunication services including voice, data and other related services. The company also offers international roaming services through international roaming agreements with various operators of Asia, Europe, Australia, America, and Africa. Its product and services categories include Value-added services, Internet, Device, Prepaid, Roaming, Digital services, Postpaid and others.