Delta Spinners (DHA:DELTASPINN) Cyclically Adjusted Book per Share: BDT16.15 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:DELTASPINN Delta Spinners Ltd DHA:DELTASPINN
43 GF Score
Price BDT7.60
! 10 Warning Signs
View Full Analysis

What is Delta Spinners Cyclically Adjusted Book per Share?

Delta Spinners DHA:DELTASPINN +2.70% 43 Cyclically Adjusted Book per Share is BDT16.15 as of Mar. 2026. GuruFocus rates DHA:DELTASPINN with a GF Score™ of 43/100. The stock has 10 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.

Delta Spinners's adjusted book value per share for the three months ended in Mar. 2026 was BDT12.150. 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 BDT16.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Delta Spinners's average Cyclically Adjusted Book Growth Rate was 1.80% 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 (2026-07-22), Delta Spinners's current stock price is BDT7.60. Delta Spinners's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT16.15. Delta Spinners's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 6 years, the highest Cyclically Adjusted PB Ratio of Delta Spinners was 0.46. The lowest was 0.25. And the median was 0.35.


Delta Spinners  (DHA:DELTASPINN) 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.

Delta Spinners's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.60/16.15
=0.47

* 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 6 years, the highest Cyclically Adjusted PB Ratio of Delta Spinners was 0.46. The lowest was 0.25. And the median was 0.35.


Be Aware

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


Delta Spinners Cyclically Adjusted Book per Share Related Terms


Delta Spinners Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Delta Spinners'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.

Delta Spinners Cyclically Adjusted Book per Share Chart

Delta Spinners Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Delta Spinners Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 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 15.87 15.97 16.12 15.98 16.15

Delta Spinners Cyclically Adjusted Book per Share Competitor Comparison

For the Textile Manufacturing subindustry, Delta Spinners'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.


Delta Spinners Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


DHA:DELTASPINN
43GF Score
Delta Spinners Ltd DHA:DELTASPINN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Spinners 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, Delta Spinners'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)
=12.15/330.2130*330.2130
=12.150

Current CPI (Mar. 2026) = 330.2130.

Delta Spinners Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.494 238.343 10.383
201409 13.082 238.031 18.148
201412 13.203 234.812 18.567
201503 13.321 236.119 18.629
201506 13.161 238.638 18.211
201509 13.214 237.945 18.338
201512 13.264 236.525 18.518
201603 13.312 238.132 18.459
201606 12.813 241.018 17.555
201609 12.875 241.428 17.610
201612 12.949 241.432 17.711
201703 13.026 243.801 17.643
201706 13.099 244.955 17.658
201709 13.153 246.819 17.597
201712 13.202 246.524 17.684
201803 13.266 249.554 17.554
201809 13.425 252.439 17.561
201812 13.486 251.233 17.726
201903 13.555 254.202 17.608
201909 13.654 256.759 17.560
201912 13.722 256.974 17.633
202003 13.762 258.115 17.606
202009 13.760 260.280 17.457
202012 13.799 260.474 17.494
202103 13.543 264.877 16.884
202109 13.480 274.310 16.227
202112 13.475 278.802 15.960
202203 13.490 287.504 15.494
202209 13.267 296.808 14.760
202212 13.258 296.797 14.751
202303 13.214 301.836 14.456
202309 12.816 307.789 13.750
202312 12.709 306.746 13.681
202403 12.623 312.332 13.346
202409 12.427 315.301 13.015
202412 12.380 315.605 12.953
202503 12.402 319.799 12.806
202509 12.115 324.800 12.317
202512 12.137 324.054 12.368
202603 12.150 330.213 12.150

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 BDT16.15 mean?
Delta Spinners (DHA:DELTASPINN) has a Cyclically Adjusted Book per Share of BDT16.15 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 Delta Spinners and its competitors.
Is Delta Spinners' Cyclically Adjusted Book per Share too high?
Delta Spinners' current Cyclically Adjusted Book per Share is BDT16.15. Overall, Delta Spinners has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Delta Spinners' Cyclically Adjusted Book per Share compare to competitors?
Delta Spinners' Cyclically Adjusted Book per Share of BDT16.15 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Delta Spinners and its competitors. Delta Spinners's current Cyclically Adjusted Book per Share is BDT16.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Spinners stock overvalued right now?
Delta Spinners (DHA:DELTASPINN) has a current Cyclically Adjusted Book per Share of BDT16.15. The current Cyclically Adjusted Book per Share is BDT16.15. Delta Spinners' overall GF Score™ is 43/100 with 10 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 Delta Spinners (DHA:DELTASPINN), the current Cyclically Adjusted Book per Share is BDT16.15 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.

Delta Spinners Business Description

Address 254-B Khilgaon Chowdhury Para, Dhaka, BGD, 1219
Delta Spinners Ltd is Bangladesh-based company engaged in manufacturing cotton yarn. It is a textile spinning mill. The products of the company are Cotton yarn, CVC yarn, and Viscose yarn.
43GF Score

Get the complete analysis for DHA:DELTASPINN

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

BDT7.60
Price