Golden Son (DHA:GOLDENSON) Cyclically Adjusted Book per Share: BDT24.13 (As of Dec. 2025)


DHA:GOLDENSON Golden Son Ltd DHA:GOLDENSON
49 GF Score
Price BDT16.80
GF Value BDT3.30
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Golden Son Cyclically Adjusted Book per Share?

Golden Son DHA:GOLDENSON -0.59% 49 Cyclically Adjusted Book per Share is BDT24.13 as of Dec. 2025. GuruFocus rates DHA:GOLDENSON with a GF Score™ of 49/100 and a GF Value™ of BDT3.30 (Significantly Overvalued). 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.

Golden Son's adjusted book value per share for the three months ended in Dec. 2025 was BDT15.036. 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 BDT24.13 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Golden Son's average Cyclically Adjusted Book Growth Rate was -4.20% 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 (2026-07-12), Golden Son's current stock price is BDT16.80. Golden Son's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was BDT24.13. Golden Son's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Golden Son was 0.95. The lowest was 0.38. And the median was 0.65.


Golden Son  (DHA:GOLDENSON) 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.

Golden Son's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.80/24.13
=0.70

* 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 Golden Son was 0.95. The lowest was 0.38. And the median was 0.65.


Be Aware

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


Golden Son Cyclically Adjusted Book per Share Related Terms


Golden Son Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Golden Son'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.

Golden Son Cyclically Adjusted Book per Share Chart

Golden Son 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 0.00 26.69 26.02 24.75

Golden Son Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 25.19 24.99 24.75 24.43 24.13

DHA:GOLDENSON vs PG, CL, KVUE: Cyclically Adjusted Book per Share Comparison

For the Household & Personal Products subindustry, Golden Son'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.


Golden Son Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Son's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DHA:GOLDENSON
49GF Score
Golden Son Ltd DHA:GOLDENSON
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Son 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, Golden Son's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=15.036/324.0540*324.0540
=15.036

Current CPI (Dec. 2025) = 324.0540.

Golden Son Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 238.132 0.000
201606 24.619 241.018 33.101
201609 24.491 241.428 32.873
201612 24.075 241.432 32.314
201703 23.910 243.801 31.781
201706 23.088 244.955 30.543
201709 22.724 246.819 29.835
201712 22.364 246.524 29.397
201803 22.133 249.554 28.740
201806 22.054 251.989 28.361
201809 21.775 252.439 27.952
201812 21.515 251.233 27.751
201903 21.309 254.202 27.164
201906 21.076 256.143 26.664
201909 20.835 256.759 26.296
201912 20.639 256.974 26.027
202003 20.180 258.115 25.335
202006 20.026 257.797 25.173
202009 19.909 260.280 24.787
202012 19.924 260.474 24.787
202103 20.055 264.877 24.536
202106 20.216 271.696 24.112
202109 20.394 274.310 24.092
202112 20.371 278.802 23.677
202203 20.493 287.504 23.098
202206 19.739 296.311 21.587
202209 19.519 296.808 21.311
202212 19.353 296.797 21.130
202303 19.177 301.836 20.589
202306 18.991 305.109 20.170
202309 18.878 307.789 19.876
202312 18.764 306.746 19.823
202403 18.757 312.332 19.461
202406 17.988 314.175 18.554
202409 17.920 315.301 18.417
202412 17.548 315.605 18.018
202503 16.803 319.799 17.027
202506 16.061 322.561 16.135
202509 15.664 324.800 15.628
202512 15.036 324.054 15.036

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 BDT24.13 mean?
Golden Son (DHA:GOLDENSON) has a Cyclically Adjusted Book per Share of BDT24.13 as of Dec. 2025. 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 Golden Son and its competitors.
Is Golden Son's Cyclically Adjusted Book per Share too high?
Golden Son's current Cyclically Adjusted Book per Share is BDT24.13. Overall, Golden Son has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Son's Cyclically Adjusted Book per Share compare to PG and CL?
Golden Son's Cyclically Adjusted Book per Share of BDT24.13 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Golden Son and its competitors. Golden Son's current Cyclically Adjusted Book per Share is BDT24.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Son stock overvalued right now?
Based on GuruFocus' analysis, Golden Son (DHA:GOLDENSON) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT3.30, compared to a current price of BDT16.80 — trading 409.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is BDT24.13. Golden Son's overall GF Score™ is 49/100 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 Golden Son (DHA:GOLDENSON), the current Cyclically Adjusted Book per Share is BDT24.13 as of Dec. 2025. 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 Golden Son (DHA:GOLDENSON) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Son stock appears to be overvalued. The current stock price of BDT16.80 is trading 409.1% above its estimated GF Value™ of BDT3.30. GuruFocus considers Golden Son to be Significantly Overvalued.

Key valuation signals for DHA:GOLDENSON:

  • Cyclically Adjusted Book per Share: BDT24.13
  • GF Value™: BDT3.30 vs. price of BDT16.80 (409.1% above fair value)
  • GF Score™: 49/100 with 10 warning signs

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


Golden Son Business Description

Address Khowaj Nagar, P.O: Ajimpara, P.S: Karnaphuli, Chattogram, BGD, 4000
Golden Son Ltd manufactures, imports, exports and sells hot pot, food warmer, fan components, baby toys, plastic products, garments accessories, and solar lightings. Its principal activities include manufacturing of household electronics and electrical goods, Twill tape, hotpots and various types of toys, etc. Its products segments is divided into 3 sectors garments accessories including adjustable elastic, buttonhole elastic, selvedge tape, canvas tape, gross grain tape, herringbone twill tape, among others; Light Engineering Products such as dream pot, dream food warmer, and accessories; screw including wooden screw, self-drilling screw, roofing screw, tapping screw, and pan head screw; Toys for children's that include soft toys.
49GF Score

Get the complete analysis for DHA:GOLDENSON

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

BDT16.80
Price
BDT3.30
GF Value