Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Cyclically Adjusted Book per Share: BDT124.80 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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DHA:BSRMLTD Bangladesh Steel Re-Rolling Mills Ltd DHA:BSRMLTD
86 GF Score
Price BDT109.40
GF Value BDT94.78
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bangladesh Steel Re-Rolling Mills Cyclically Adjusted Book per Share?

Bangladesh Steel Re-Rolling Mills DHA:BSRMLTD -3.36% 86 Cyclically Adjusted Book per Share is BDT124.80 as of Mar. 2026. GuruFocus rates DHA:BSRMLTD with a GF Score™ of 86/100 and a GF Value™ of BDT94.78 (Modestly Overvalued). The stock has 8 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.

Bangladesh Steel Re-Rolling Mills's adjusted book value per share for the three months ended in Mar. 2026 was BDT177.477. 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 BDT124.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bangladesh Steel Re-Rolling Mills's average Cyclically Adjusted Book Growth Rate was 10.90% 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.

As of today (2026-07-17), Bangladesh Steel Re-Rolling Mills's current stock price is BDT109.40. Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT124.80. Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Bangladesh Steel Re-Rolling Mills was 0.86. The lowest was 0.62. And the median was 0.69.


Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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.

Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=109.40/124.80
=0.88

* 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 Bangladesh Steel Re-Rolling Mills was 0.86. The lowest was 0.62. And the median was 0.69.


Be Aware

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


Bangladesh Steel Re-Rolling Mills Cyclically Adjusted Book per Share Related Terms


Bangladesh Steel Re-Rolling Mills Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bangladesh Steel Re-Rolling Mills'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.

Bangladesh Steel Re-Rolling Mills Cyclically Adjusted Book per Share Chart

Bangladesh Steel Re-Rolling Mills Annual Data
Trend Dec15 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 0.00 0.00 0.00 114.88

Bangladesh Steel Re-Rolling Mills 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 112.54 114.88 117.06 119.59 124.80

DHA:BSRMLTD vs NUE, STLD, RS: Cyclically Adjusted Book per Share Comparison

For the Steel subindustry, Bangladesh Steel Re-Rolling 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.


Bangladesh Steel Re-Rolling Mills Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PB Ratio falls into.


DHA:BSRMLTD
86GF Score
Bangladesh Steel Re-Rolling Mills Ltd DHA:BSRMLTD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangladesh Steel Re-Rolling Mills 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, Bangladesh Steel Re-Rolling Mills'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)
=177.477/330.2130*330.2130
=177.477

Current CPI (Mar. 2026) = 330.2130.

Bangladesh Steel Re-Rolling Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 43.673 241.018 59.835
201609 44.294 241.428 60.583
201612 45.342 241.432 62.015
201703 45.966 243.801 62.258
201706 46.075 244.955 62.112
201709 46.791 246.819 62.601
201712 48.411 246.524 64.845
201803 51.858 249.554 68.619
201806 57.913 251.989 75.891
201809 59.497 252.439 77.827
201812 59.638 251.233 78.386
201903 62.494 254.202 81.181
201906 97.461 256.143 125.644
201909 98.490 256.759 126.666
201912 97.542 256.974 125.342
202003 99.165 258.115 126.864
202006 99.893 257.797 127.953
202009 101.327 260.280 128.552
202012 81.715 260.474 103.593
202103 119.382 264.877 148.829
202106 127.555 271.696 155.027
202109 132.527 274.310 159.535
202112 132.141 278.802 156.508
202203 136.113 287.504 156.333
202206 134.285 296.311 149.649
202209 128.648 296.808 143.127
202212 126.895 296.797 141.182
202303 132.254 301.836 144.688
202306 140.456 305.109 152.013
202309 142.666 307.789 153.060
202312 144.219 306.746 155.252
202403 149.138 312.332 157.676
202406 150.055 314.175 157.715
202409 153.549 315.301 160.811
202412 152.943 315.605 160.022
202503 160.469 319.799 165.695
202506 166.790 322.561 170.747
202509 171.186 324.800 174.039
202512 168.514 324.054 171.717
202603 177.477 330.213 177.477

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 BDT124.80 mean?
Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) has a Cyclically Adjusted Book per Share of BDT124.80 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 Bangladesh Steel Re-Rolling Mills and its competitors.
Is Bangladesh Steel Re-Rolling Mills' Cyclically Adjusted Book per Share too high?
Bangladesh Steel Re-Rolling Mills' current Cyclically Adjusted Book per Share is BDT124.80. Overall, Bangladesh Steel Re-Rolling Mills has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Steel Re-Rolling Mills' Cyclically Adjusted Book per Share compare to NUE and STLD?
Bangladesh Steel Re-Rolling Mills' Cyclically Adjusted Book per Share of BDT124.80 can be compared against companies in the Steel 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 Steel company?
A good Cyclically Adjusted Book per Share depends on the Steel 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 Bangladesh Steel Re-Rolling Mills and its competitors. Bangladesh Steel Re-Rolling Mills's current Cyclically Adjusted Book per Share is BDT124.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Steel Re-Rolling Mills stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT94.78, compared to a current price of BDT109.40 — trading 15.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is BDT124.80. Bangladesh Steel Re-Rolling Mills' overall GF Score™ is 86/100 with 8 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 Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD), the current Cyclically Adjusted Book per Share is BDT124.80 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 Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Steel Re-Rolling Mills stock appears to be overvalued. The current stock price of BDT109.40 is trading 15.4% above its estimated GF Value™ of BDT94.78. GuruFocus considers Bangladesh Steel Re-Rolling Mills to be Modestly Overvalued.

Key valuation signals for DHA:BSRMLTD:

  • Cyclically Adjusted Book per Share: BDT124.80
  • GF Value™: BDT94.78 vs. price of BDT109.40 (15.4% above fair value)
  • GF Score™: 86/100 with 8 warning signs

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


Bangladesh Steel Re-Rolling Mills Business Description

Address 1207/1099 Sadarghat Road, Ali Mansion, Chattogram, BGD, 4000
Bangladesh Steel Re-Rolling Mills Ltd is a Bangladesh-based steel manufacturing company. The company also deals in the sale of M.S. products like angle, channel, I Beam, H Beam, MS plate, and others. Its steel products are used inside Buildings, Bridges, and National Infrastructures. The company's products consist of XTREME 500W, XTREME 500W-STIRRUP, XTREME 500W-BEND CUT, MS SQUARE BAR, M.S ANGEL-MANUFACTURED, RIBBED WIRE ROD. The company generates the majority of its revenue from XTREME 500W sales.
86GF Score

Get the complete analysis for DHA:BSRMLTD

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

BDT109.40
Price
BDT94.78
GF Value