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Mozaffar Hossain Spinning Mills (DHA:MHSML) Cyclically Adjusted PB Ratio : 0.83 (As of May. 29, 2024)


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What is Mozaffar Hossain Spinning Mills Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Mozaffar Hossain Spinning Mills's current share price is BDT16.20. Mozaffar Hossain Spinning Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT19.41. Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio for today is 0.83.

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

DHA:MHSML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.4   Max: 1.45
Current: 0.87

During the past years, Mozaffar Hossain Spinning Mills's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.87. And the median was 1.40.

DHA:MHSML's Cyclically Adjusted PB Ratio is ranked better than
57.72% of 719 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs DHA:MHSML: 0.87

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.

Mozaffar Hossain Spinning Mills's adjusted book value per share data for the three months ended in Mar. 2024 was BDT19.841. 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 BDT19.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mozaffar Hossain Spinning Mills Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mozaffar Hossain Spinning Mills'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.

Mozaffar Hossain Spinning Mills Cyclically Adjusted PB Ratio Chart

Mozaffar Hossain Spinning Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.40

Mozaffar Hossain Spinning Mills 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 1.42 1.40 1.39 1.39 0.97

Competitive Comparison of Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio

For the Textile Manufacturing subindustry, Mozaffar Hossain Spinning Mills'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.


Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio falls into.



Mozaffar Hossain Spinning Mills 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.

Mozaffar Hossain Spinning Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.20/19.41
=0.83

* 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.

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

For example, Mozaffar Hossain Spinning Mills'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)
=19.841/131.7762*131.7762
=19.841

Current CPI (Mar. 2024) = 131.7762.

Mozaffar Hossain Spinning Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.209 100.560 21.241
201409 16.987 100.428 22.289
201412 12.362 99.070 16.443
201503 12.892 99.621 17.053
201506 12.986 100.684 16.996
201509 13.734 100.392 18.028
201512 14.288 99.792 18.867
201603 14.729 100.470 19.318
201606 14.515 101.688 18.810
201609 14.875 101.861 19.244
201612 15.601 101.863 20.182
201703 16.066 102.862 20.582
201706 15.741 103.349 20.071
201709 16.014 104.136 20.265
201712 16.234 104.011 20.568
201803 16.352 105.290 20.466
201806 16.221 106.317 20.105
201809 16.108 106.507 19.930
201812 15.953 105.998 19.833
201903 15.767 107.251 19.373
201906 15.199 108.070 18.533
201909 15.016 108.329 18.266
201912 14.691 108.420 17.856
202003 14.426 108.902 17.456
202006 14.012 108.767 16.976
202009 13.597 109.815 16.316
202012 13.627 109.897 16.340
202103 14.076 111.754 16.598
202106 18.163 114.631 20.880
202109 18.405 115.734 20.956
202112 19.132 117.630 21.433
202203 19.691 121.301 21.391
202206 19.902 125.017 20.978
202209 20.233 125.227 21.291
202212 20.132 125.222 21.186
202303 20.248 127.348 20.952
202306 19.292 128.729 19.749
202309 19.440 129.860 19.727
202312 19.617 129.419 19.974
202403 19.841 131.776 19.841

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.


Mozaffar Hossain Spinning Mills  (DHA:MHSML) 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.


Mozaffar Hossain Spinning Mills Cyclically Adjusted PB Ratio Related Terms

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Mozaffar Hossain Spinning Mills (DHA:MHSML) Business Description

Traded in Other Exchanges
N/A
Address
House No. 315, Road No. 04, DOHS, Baridhara, Dhaka, BGD, 1206
Mozaffar Hossain Spinning Mills Ltd is a manufacturer and seller of woven fabrics and cotton yarn. The products of the company are sold at domestic market as deemed exporter delivered to the export oriented companies.

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