British American Tobacco Bangladesh Co (DHA:BATBC) Cyclically Adjusted Book per Share: BDT83.75 (As of Mar. 2026)


DHA:BATBC British American Tobacco Bangladesh Co Ltd DHA:BATBC
85 GF Score
Price BDT217.50
GF Value BDT309.31
Valuation Possible Value Trap
! 9 Warning Signs
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What is British American Tobacco Bangladesh Co Cyclically Adjusted Book per Share?

British American Tobacco Bangladesh Co DHA:BATBC -0.96% 85 Cyclically Adjusted Book per Share is BDT83.75 as of Mar. 2026. GuruFocus rates DHA:BATBC with a GF Score™ of 85/100 and a GF Value™ of BDT309.31 (Possible Value Trap). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

British American Tobacco Bangladesh Co's adjusted book value per share for the three months ended in Mar. 2026 was BDT103.377. 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 BDT83.75 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-04), British American Tobacco Bangladesh Co's current stock price is BDT217.50. British American Tobacco Bangladesh Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT83.75. British American Tobacco Bangladesh Co's Cyclically Adjusted PB Ratio of today is 2.60.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of British American Tobacco Bangladesh Co was 3.44. The lowest was 2.51. And the median was 3.08.


British American Tobacco Bangladesh Co  (DHA:BATBC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

British American Tobacco Bangladesh Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=217.50/83.75
=2.60

* 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.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of British American Tobacco Bangladesh Co was 3.44. The lowest was 2.51. And the median was 3.08.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


British American Tobacco Bangladesh Co Cyclically Adjusted Book per Share Related Terms


British American Tobacco Bangladesh Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for British American Tobacco Bangladesh Co's Cyclically Adjusted Book per Share 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.

British American Tobacco Bangladesh Co Cyclically Adjusted Book per Share Chart

British American Tobacco Bangladesh Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 81.67

British American Tobacco Bangladesh Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.00 0.00 80.08 81.67 83.75

DHA:BATBC vs PM, MO, TPB: Cyclically Adjusted Book per Share Comparison

For the Tobacco subindustry, British American Tobacco Bangladesh Co'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.


British American Tobacco Bangladesh Co Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Bangladesh Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where British American Tobacco Bangladesh Co's Cyclically Adjusted PB Ratio falls into.


DHA:BATBC
85GF Score
British American Tobacco Bangladesh Co Ltd DHA:BATBC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

British American Tobacco Bangladesh Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, British American Tobacco Bangladesh Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=103.377/330.2130*330.2130
=103.377

Current CPI (Mar. 2026) = 330.2130.

British American Tobacco Bangladesh Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 34.968 241.432 47.827
201703 39.030 243.801 52.864
201706 35.860 244.955 48.341
201709 39.535 246.819 52.893
201712 42.801 246.524 57.331
201803 47.892 249.554 63.371
201806 46.921 251.989 61.487
201809 50.709 252.439 66.332
201812 54.683 251.233 71.874
201903 58.496 254.202 75.987
201906 60.233 256.143 77.651
201909 61.111 256.759 78.594
201912 66.284 256.974 85.175
202003 71.908 258.115 91.994
202006 64.068 257.797 82.065
202009 69.102 260.280 87.669
202012 62.962 260.474 79.819
202103 70.133 264.877 87.432
202106 68.925 271.696 83.770
202109 74.377 274.310 89.535
202112 68.131 278.802 80.694
202203 60.852 287.504 69.892
202206 70.055 296.311 78.070
202209 77.652 296.808 86.392
202212 76.266 296.797 84.853
202303 74.715 301.836 81.739
202306 83.850 305.109 90.749
202309 91.366 307.789 98.022
202312 99.329 306.746 106.928
202403 96.982 312.332 102.534
202406 106.466 314.175 111.901
202409 113.821 315.301 119.204
202412 106.884 315.605 111.831
202503 97.772 319.799 100.956
202506 99.573 322.561 101.935
202509 105.222 324.800 106.976
202512 102.497 324.054 104.445
202603 103.377 330.213 103.377

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

What does a Cyclically Adjusted Book per Share of BDT83.75 mean?
British American Tobacco Bangladesh Co (DHA:BATBC) has a Cyclically Adjusted Book per Share of BDT83.75 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on British American Tobacco Bangladesh Co and its competitors.
Is British American Tobacco Bangladesh Co's Cyclically Adjusted Book per Share too high?
British American Tobacco Bangladesh Co's current Cyclically Adjusted Book per Share is BDT83.75. Overall, British American Tobacco Bangladesh Co has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco Bangladesh Co's Cyclically Adjusted Book per Share compare to PM and MO?
British American Tobacco Bangladesh Co's Cyclically Adjusted Book per Share of BDT83.75 can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Tobacco Products company?
A good Cyclically Adjusted Book per Share depends on the Tobacco Products industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on British American Tobacco Bangladesh Co and its competitors. British American Tobacco Bangladesh Co's current Cyclically Adjusted Book per Share is BDT83.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco Bangladesh Co stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco Bangladesh Co (DHA:BATBC) is currently considered Possible Value Trap. The stock's GF Value™ is BDT309.31, compared to a current price of BDT217.50 — trading 29.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is BDT83.75. British American Tobacco Bangladesh Co's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For British American Tobacco Bangladesh Co (DHA:BATBC), the current Cyclically Adjusted Book per Share is BDT83.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is British American Tobacco Bangladesh Co (DHA:BATBC) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco Bangladesh Co stock appears to be undervalued. The current stock price of BDT217.50 is trading 29.7% below its estimated GF Value™ of BDT309.31. GuruFocus considers British American Tobacco Bangladesh Co to be Possible Value Trap.

Key valuation signals for DHA:BATBC:

  • Cyclically Adjusted Book per Share: BDT83.75
  • GF Value™: BDT309.31 vs. price of BDT217.50 (29.7% below fair value)
  • GF Score™: 85/100 with 9 warning signs

No single metric tells the full story. See the DHA:BATBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


British American Tobacco Bangladesh Co Business Description

Address Balibhadra Bazar, Dehora, Dhamsona, Ashulia, Dhaka, BGD, 1349
British American Tobacco Bangladesh Co Ltd is engaged in the manufacturing and marketing of cigarettes in Bangladesh. It manufactures and markets brands including Benson & Hedges, John Player Gold Leaf, John Player Series, Capstan, Lucky Strike, Star, Royals, Derby, Pilot, and Hollywood.
85GF Score

Get the complete analysis for DHA:BATBC

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT217.50
Price
BDT309.31
GF Value