LafargeHolcim Bangladesh (DHA:LHB) Cyclically Adjusted Book per Share: BDT18.10 (As of Mar. 2026)


DHA:LHB LafargeHolcim Bangladesh PLC DHA:LHB
89 GF Score
Price BDT55.50
GF Value BDT60.28
Valuation Fairly Valued
! 3 Warning Signs
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What is LafargeHolcim Bangladesh Cyclically Adjusted Book per Share?

LafargeHolcim Bangladesh DHA:LHB 89 Cyclically Adjusted Book per Share is BDT18.10 as of Mar. 2026. GuruFocus rates DHA:LHB with a GF Score™ of 89/100 and a GF Value™ of BDT60.28 (Fairly Valued). The stock has 3 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.

LafargeHolcim Bangladesh's adjusted book value per share for the three months ended in Mar. 2026 was BDT17.327. 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 BDT18.10 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LafargeHolcim Bangladesh's average Cyclically Adjusted Book Growth Rate was 3.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 LafargeHolcim Bangladesh was 4.60% per year. The lowest was 0.70% per year. And the median was 2.65% per year.

As of today (2026-07-05), LafargeHolcim Bangladesh's current stock price is BDT55.50. LafargeHolcim Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT18.10. LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio of today is 3.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LafargeHolcim Bangladesh was 5.22. The lowest was 2.44. And the median was 4.00.


LafargeHolcim Bangladesh  (DHA:LHB) 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.

LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.50/18.10
=3.07

* 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 LafargeHolcim Bangladesh was 5.22. The lowest was 2.44. And the median was 4.00.


Be Aware

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


LafargeHolcim Bangladesh Cyclically Adjusted Book per Share Related Terms


LafargeHolcim Bangladesh Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for LafargeHolcim Bangladesh'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.

LafargeHolcim Bangladesh Cyclically Adjusted Book per Share Chart

LafargeHolcim Bangladesh 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 16.89 15.52 16.49 17.26 17.77

LafargeHolcim Bangladesh 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 17.51 17.68 17.82 17.77 18.10

DHA:LHB vs CRH, VMC, MLM: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, LafargeHolcim Bangladesh'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.


LafargeHolcim Bangladesh Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DHA:LHB
89GF Score
LafargeHolcim Bangladesh PLC DHA:LHB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LafargeHolcim Bangladesh 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, LafargeHolcim Bangladesh'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)
=17.327/330.2130*330.2130
=17.327

Current CPI (Mar. 2026) = 330.2130.

LafargeHolcim Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201606 13.156 241.018 18.025
201609 13.005 241.428 17.788
201612 13.236 241.432 18.103
201703 13.597 243.801 18.416
201706 13.054 244.955 17.598
201709 12.709 246.819 17.003
201712 13.151 246.524 17.615
201803 13.351 249.554 17.666
201806 13.028 251.989 17.072
201809 12.796 252.439 16.738
201812 13.414 251.233 17.631
201903 13.754 254.202 17.867
201906 13.139 256.143 16.938
201909 13.415 256.759 17.253
201912 13.948 256.974 17.923
202003 14.230 258.115 18.205
202006 13.771 257.797 17.639
202009 14.400 260.280 18.269
202012 14.887 260.474 18.873
202103 15.758 264.877 19.645
202106 15.803 271.696 19.207
202109 16.611 274.310 19.996
202112 17.044 278.802 20.187
202203 15.244 287.504 17.509
202206 16.410 296.311 18.288
202209 15.994 296.808 17.794
202212 15.250 296.797 16.967
202303 17.108 301.836 18.716
202306 17.069 305.109 18.473
202309 18.389 307.789 19.729
202312 19.138 306.746 20.602
202403 20.530 312.332 21.705
202406 16.603 314.175 17.451
202409 17.436 315.301 18.261
202412 16.009 315.605 16.750
202503 17.249 319.799 17.811
202506 16.325 322.561 16.712
202509 17.131 324.800 17.416
202512 16.415 324.054 16.727
202603 17.327 330.213 17.327

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 BDT18.10 mean?
LafargeHolcim Bangladesh (DHA:LHB) has a Cyclically Adjusted Book per Share of BDT18.10 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 LafargeHolcim Bangladesh and its competitors.
Is LafargeHolcim Bangladesh's Cyclically Adjusted Book per Share too high?
LafargeHolcim Bangladesh's current Cyclically Adjusted Book per Share is BDT18.10. Overall, LafargeHolcim Bangladesh has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LafargeHolcim Bangladesh's Cyclically Adjusted Book per Share compare to CRH and VMC?
LafargeHolcim Bangladesh's Cyclically Adjusted Book per Share of BDT18.10 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 LafargeHolcim Bangladesh and its competitors. LafargeHolcim Bangladesh's current Cyclically Adjusted Book per Share is BDT18.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LafargeHolcim Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, LafargeHolcim Bangladesh (DHA:LHB) is currently considered Fairly Valued. The stock's GF Value™ is BDT60.28, compared to a current price of BDT55.50 — trading 7.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is BDT18.10. LafargeHolcim Bangladesh's overall GF Score™ is 89/100 with 3 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 LafargeHolcim Bangladesh (DHA:LHB), the current Cyclically Adjusted Book per Share is BDT18.10 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 LafargeHolcim Bangladesh (DHA:LHB) Overvalued in 2026?

Based on GuruFocus' analysis, LafargeHolcim Bangladesh stock appears to be undervalued. The current stock price of BDT55.50 is trading 7.9% below its estimated GF Value™ of BDT60.28. GuruFocus considers LafargeHolcim Bangladesh to be Fairly Valued.

Key valuation signals for DHA:LHB:

  • Cyclically Adjusted Book per Share: BDT18.10
  • GF Value™: BDT60.28 vs. price of BDT55.50 (7.9% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


LafargeHolcim Bangladesh Business Description

Address Tejgaon Gulshan Link Road, NinaKabbo, Level-7, 227/A Bir Uttam Mir Shawkat Sarak, Dhaka, BGD, 1208
LafargeHolcim Bangladesh PLC is a frontline cement producer in Bangladesh. The company is engaged in the manufacturing and marketing cement in the local and international market. It operates a cement manufacturing plant at Chhatak. Company has divided it's operations in two business segments namely, Clinker and cement and Aggregates and derives majority revenue from the Clinker and cement segment.
89GF Score

Get the complete analysis for DHA:LHB

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

BDT55.50
Price
BDT60.28
GF Value