BDCOM Online (DHA:BDCOM) Cyclically Adjusted Book per Share: BDT14.86 (As of Mar. 2026)


DHA:BDCOM BDCOM Online Ltd DHA:BDCOM
81 GF Score
Price BDT34.30
GF Value BDT25.47
Valuation Significantly Overvalued
! 9 Warning Signs
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What is BDCOM Online Cyclically Adjusted Book per Share?

BDCOM Online DHA:BDCOM -1.15% 81 Cyclically Adjusted Book per Share is BDT14.86 as of Mar. 2026. GuruFocus rates DHA:BDCOM with a GF Score™ of 81/100 and a GF Value™ of BDT25.47 (Significantly Overvalued). 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.

BDCOM Online's adjusted book value per share for the three months ended in Mar. 2026 was BDT14.820. 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 BDT14.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BDCOM Online's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of BDCOM Online was 5.00% per year. The lowest was 5.00% per year. And the median was 5.00% per year.

As of today (2026-07-09), BDCOM Online's current stock price is BDT34.30. BDCOM Online's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT14.86. BDCOM Online's Cyclically Adjusted PB Ratio of today is 2.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BDCOM Online was 4.87. The lowest was 1.37. And the median was 2.03.


BDCOM Online  (DHA:BDCOM) 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.

BDCOM Online's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.30/14.86
=2.31

* 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 13 years, the highest Cyclically Adjusted PB Ratio of BDCOM Online was 4.87. The lowest was 1.37. And the median was 2.03.


Be Aware

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


BDCOM Online Cyclically Adjusted Book per Share Related Terms


BDCOM Online Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BDCOM Online'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.

BDCOM Online Cyclically Adjusted Book per Share Chart

BDCOM Online Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 12.45 13.24 13.82 14.40

BDCOM Online 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 14.22 14.40 14.55 14.54 14.86

DHA:BDCOM vs TMUS, VZ, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, BDCOM Online'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.


BDCOM Online Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


DHA:BDCOM
81GF Score
BDCOM Online Ltd DHA:BDCOM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BDCOM Online 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, BDCOM Online'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)
=14.82/330.2130*330.2130
=14.820

Current CPI (Mar. 2026) = 330.2130.

BDCOM Online Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.433 241.018 12.924
201609 9.697 241.428 13.263
201612 8.910 241.432 12.186
201703 10.178 243.801 13.785
201706 10.249 244.955 13.816
201709 10.407 246.819 13.923
201712 11.224 246.524 15.034
201803 10.719 249.554 14.184
201806 10.950 251.989 14.349
201809 11.193 252.439 14.641
201812 12.270 251.233 16.127
201903 11.616 254.202 15.089
201906 11.775 256.143 15.180
201909 12.025 256.759 15.465
201912 12.859 256.974 16.524
202003 11.940 258.115 15.275
202006 12.291 257.797 15.744
202009 12.450 260.280 15.795
202012 13.259 260.474 16.809
202103 12.478 264.877 15.556
202106 12.808 271.696 15.567
202109 13.047 274.310 15.706
202112 13.040 278.802 15.445
202203 13.372 287.504 15.358
202206 13.610 296.311 15.167
202209 13.888 296.808 15.451
202212 13.408 296.797 14.918
202303 13.751 301.836 15.044
202306 13.874 305.109 15.016
202309 14.178 307.789 15.211
202312 13.526 306.746 14.561
202403 13.559 312.332 14.335
202406 13.780 314.175 14.483
202409 14.039 315.301 14.703
202412 13.844 315.605 14.485
202503 13.871 319.799 14.323
202506 14.131 322.561 14.466
202509 14.449 324.800 14.690
202512 14.793 324.054 15.074
202603 14.820 330.213 14.820

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 BDT14.86 mean?
BDCOM Online (DHA:BDCOM) has a Cyclically Adjusted Book per Share of BDT14.86 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 BDCOM Online and its competitors.
Is BDCOM Online's Cyclically Adjusted Book per Share too high?
BDCOM Online's current Cyclically Adjusted Book per Share is BDT14.86. Overall, BDCOM Online has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BDCOM Online's Cyclically Adjusted Book per Share compare to TMUS and VZ?
BDCOM Online's Cyclically Adjusted Book per Share of BDT14.86 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services 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 BDCOM Online and its competitors. BDCOM Online's current Cyclically Adjusted Book per Share is BDT14.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BDCOM Online stock overvalued right now?
Based on GuruFocus' analysis, BDCOM Online (DHA:BDCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT25.47, compared to a current price of BDT34.30 — trading 34.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is BDT14.86. BDCOM Online's overall GF Score™ is 81/100 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 BDCOM Online (DHA:BDCOM), the current Cyclically Adjusted Book per Share is BDT14.86 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 BDCOM Online (DHA:BDCOM) Overvalued in 2026?

Based on GuruFocus' analysis, BDCOM Online stock appears to be overvalued. The current stock price of BDT34.30 is trading 34.7% above its estimated GF Value™ of BDT25.47. GuruFocus considers BDCOM Online to be Significantly Overvalued.

Key valuation signals for DHA:BDCOM:

  • Cyclically Adjusted Book per Share: BDT14.86
  • GF Value™: BDT25.47 vs. price of BDT34.30 (34.7% above fair value)
  • GF Score™: 81/100 with 9 warning signs

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


BDCOM Online Business Description

Address Road No 1, Gulshan Avenue, House No 1, 5th floor, JL Bhaban, Gulshan-1, Dhaka, BGD, 1212
BDCOM Online Ltd operates as an internet service provider (ISP) in Bangladesh. The company's operating segments include Unit-1 for internet, data connectivity, hardware, and other IT-enabled services; Unit-2 for software development, graphic design, VTS support and service, web development, domain registration, and domain hosting; and Unit-3 for IP telephony services and goods. It generates maximum revenue from the Unit -1 segment which includes Internet/Data Connectivity Services. The company offers its services to NBFI, corporate, telecom, and home users.
81GF Score

Get the complete analysis for DHA:BDCOM

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

BDT34.30
Price
BDT25.47
GF Value