Singer Bangladesh (DHA:SINGERBD) Cyclically Adjusted Book per Share: BDT30.67 (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:SINGERBD Singer Bangladesh Ltd DHA:SINGERBD
76 GF Score
Price BDT77.00
GF Value BDT147.28
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Singer Bangladesh Cyclically Adjusted Book per Share?

Singer Bangladesh DHA:SINGERBD +1.99% 76 Cyclically Adjusted Book per Share is BDT30.67 as of Mar. 2026. GuruFocus rates DHA:SINGERBD with a GF Score™ of 76/100 and a GF Value™ of BDT147.28 (Possible Value Trap). The stock has 7 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.

Singer Bangladesh's adjusted book value per share for the three months ended in Mar. 2026 was BDT-3.912. 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 BDT30.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Singer Bangladesh's average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Singer Bangladesh was 3.20% per year. The lowest was 3.20% per year. And the median was 3.20% per year.

As of today (2026-07-18), Singer Bangladesh's current stock price is BDT77.00. Singer Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT30.67. Singer Bangladesh's Cyclically Adjusted PB Ratio of today is 2.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Singer Bangladesh was 6.26. The lowest was 2.44. And the median was 4.66.


Singer Bangladesh  (DHA:SINGERBD) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=77.00/30.67
=2.51

* 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 Singer Bangladesh was 6.26. The lowest was 2.44. And the median was 4.66.


Be Aware

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


Singer Bangladesh Cyclically Adjusted Book per Share Related Terms


Singer Bangladesh Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Singer 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.

Singer Bangladesh Cyclically Adjusted Book per Share Chart

Singer 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 0.00 27.97 29.28 30.55 30.70

Singer 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 30.97 31.22 31.21 30.70 30.67

DHA:SINGERBD vs SN, SGI, MHK: Cyclically Adjusted Book per Share Comparison

For the Furnishings, Fixtures & Appliances subindustry, Singer 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.


Singer Bangladesh Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Singer Bangladesh's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DHA:SINGERBD
76GF Score
Singer Bangladesh Ltd DHA:SINGERBD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singer 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, Singer 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)
=-3.912/330.2130*330.2130
=-3.912

Current CPI (Mar. 2026) = 330.2130.

Singer Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.959 241.018 20.495
201609 17.502 241.428 23.938
201612 19.528 241.432 26.709
201703 20.296 243.801 27.490
201706 17.407 244.955 23.466
201709 21.017 246.819 28.118
201712 21.667 246.524 29.022
201803 22.872 249.554 30.265
201806 17.955 251.989 23.529
201809 22.375 252.439 29.269
201812 23.179 251.233 30.466
201903 20.779 254.202 26.992
201906 25.647 256.143 33.063
201909 30.441 256.759 39.150
201912 32.016 256.974 41.141
202003 33.146 258.115 42.405
202006 26.241 257.797 33.612
202009 30.821 260.280 39.102
202012 34.662 260.474 43.942
202103 33.836 264.877 42.182
202106 33.724 271.696 40.987
202109 35.003 274.310 42.136
202112 34.063 278.802 40.344
202203 34.980 287.504 40.176
202206 30.381 296.311 33.857
202209 29.530 296.808 32.854
202212 29.974 296.797 33.349
202303 31.103 301.836 34.027
202306 34.827 305.109 37.693
202309 35.709 307.789 38.311
202312 34.033 306.746 36.637
202403 33.822 312.332 35.758
202406 32.904 314.175 34.584
202409 31.045 315.301 32.513
202412 25.812 315.605 27.007
202503 21.314 319.799 22.008
202506 18.201 322.561 18.633
202509 13.395 324.800 13.618
202512 1.689 324.054 1.721
202603 -3.912 330.213 -3.912

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 BDT30.67 mean?
Singer Bangladesh (DHA:SINGERBD) has a Cyclically Adjusted Book per Share of BDT30.67 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 Singer Bangladesh and its competitors.
Is Singer Bangladesh's Cyclically Adjusted Book per Share too high?
Singer Bangladesh's current Cyclically Adjusted Book per Share is BDT30.67. Overall, Singer Bangladesh has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Singer Bangladesh's Cyclically Adjusted Book per Share compare to SN and SGI?
Singer Bangladesh's Cyclically Adjusted Book per Share of BDT30.67 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Cyclically Adjusted Book per Share depends on the Furnishings, Fixtures & Appliances 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 Singer Bangladesh and its competitors. Singer Bangladesh's current Cyclically Adjusted Book per Share is BDT30.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singer Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Singer Bangladesh (DHA:SINGERBD) is currently considered Possible Value Trap. The stock's GF Value™ is BDT147.28, compared to a current price of BDT77.00 — trading 47.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is BDT30.67. Singer Bangladesh's overall GF Score™ is 76/100 with 7 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 Singer Bangladesh (DHA:SINGERBD), the current Cyclically Adjusted Book per Share is BDT30.67 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 Singer Bangladesh (DHA:SINGERBD) Overvalued in 2026?

Based on GuruFocus' analysis, Singer Bangladesh stock appears to be undervalued. The current stock price of BDT77.00 is trading 47.7% below its estimated GF Value™ of BDT147.28. GuruFocus considers Singer Bangladesh to be Possible Value Trap.

Key valuation signals for DHA:SINGERBD:

  • Cyclically Adjusted Book per Share: BDT30.67
  • GF Value™: BDT147.28 vs. price of BDT77.00 (47.7% below fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Singer Bangladesh Business Description

Address House No,23-26, Road No.90-91, 21st Floor, Gulshan Center Point, Gulshan-2, Dhaka, BGD, 1212
Singer Bangladesh Ltd is a retailer of consumer durables. It is engaged in the manufacturing and marketing of home appliances, consumer electronics, and furniture in Bangladesh. It offers air conditioners, air coolers, chest freezers, computers, fans, irons, kitchen appliances, musical instruments, panel televisions, refrigerators, and sewing machines. It operates through Singer Mega and Singer Plus retail outlets, as well as Singer Pro dealers.
76GF Score

Get the complete analysis for DHA:SINGERBD

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

BDT77.00
Price
BDT147.28
GF Value