Shahjibazar Power Co (DHA:SPCL) Cyclically Adjusted Book per Share: BDT40.03 (As of Mar. 2026)


DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
93 GF Score
Price BDT54.40
GF Value BDT56.70
Valuation Fairly Valued
! 7 Warning Signs
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What is Shahjibazar Power Co Cyclically Adjusted Book per Share?

Shahjibazar Power Co DHA:SPCL -0.55% 93 Cyclically Adjusted Book per Share is BDT40.03 as of Mar. 2026. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT56.70 (Fairly Valued). 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.

Shahjibazar Power Co's adjusted book value per share for the three months ended in Mar. 2026 was BDT41.618. 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 BDT40.03 for the trailing ten years ended in Mar. 2026.

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 (2026-06-30), Shahjibazar Power Co's current stock price is BDT54.40. Shahjibazar Power Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT40.03. Shahjibazar Power Co's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Shahjibazar Power Co was 1.39. The lowest was 0.98. And the median was 1.25.


Shahjibazar Power Co  (DHA:SPCL) 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.

Shahjibazar Power Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54.40/40.03
=1.36

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Shahjibazar Power Co was 1.39. The lowest was 0.98. And the median was 1.25.


Be Aware

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


Shahjibazar Power Co Cyclically Adjusted Book per Share Related Terms


Shahjibazar Power Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co Cyclically Adjusted Book per Share Chart

Shahjibazar Power Co 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 0.00 0.00 0.00

Shahjibazar Power Co 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 0.00 0.00 39.26 39.25 40.03

DHA:SPCL vs CEG, VST, NRG: Cyclically Adjusted Book per Share Comparison

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Cyclically Adjusted PB Ratio falls into.


DHA:SPCL
93GF Score
Shahjibazar Power Co Ltd DHA:SPCL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shahjibazar Power Co 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, Shahjibazar Power Co'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)
=41.618/330.2130*330.2130
=41.618

Current CPI (Mar. 2026) = 330.2130.

Shahjibazar Power Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 23.560 241.018 32.279
201609 0.000 241.428 0.000
201612 26.331 241.432 36.014
201703 25.555 243.801 34.613
201706 26.105 244.955 35.191
201709 27.139 246.819 36.309
201712 28.236 246.524 37.821
201803 28.224 249.554 37.346
201806 28.432 251.989 37.258
201809 29.553 252.439 38.658
201812 30.246 251.233 39.754
201903 29.418 254.202 38.215
201906 30.112 256.143 38.820
201909 30.996 256.759 39.863
201912 32.087 256.974 41.232
202003 30.665 258.115 39.231
202006 31.672 257.797 40.569
202009 33.011 260.280 41.881
202012 34.474 260.474 43.704
202103 33.323 264.877 41.543
202106 35.175 271.696 42.751
202109 37.141 274.310 44.710
202112 38.241 278.802 45.293
202203 38.067 287.504 43.722
202206 36.725 296.311 40.927
202209 37.143 296.808 41.323
202212 35.813 296.797 39.845
202303 35.666 301.836 39.019
202306 36.706 305.109 39.726
202309 38.943 307.789 41.780
202312 40.085 306.746 43.152
202403 39.379 312.332 41.633
202406 37.917 314.175 39.853
202409 38.281 315.301 40.091
202412 39.378 315.605 41.201
202503 38.552 319.799 39.807
202506 39.250 322.561 40.181
202509 40.660 324.800 41.338
202512 42.279 324.054 43.083
202603 41.618 330.213 41.618

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 BDT40.03 mean?
Shahjibazar Power Co (DHA:SPCL) has a Cyclically Adjusted Book per Share of BDT40.03 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 Shahjibazar Power Co and its competitors.
Is Shahjibazar Power Co's Cyclically Adjusted Book per Share too high?
Shahjibazar Power Co's current Cyclically Adjusted Book per Share is BDT40.03. Overall, Shahjibazar Power Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's Cyclically Adjusted Book per Share compare to CEG and VST?
Shahjibazar Power Co's Cyclically Adjusted Book per Share of BDT40.03 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Shahjibazar Power Co and its competitors. Shahjibazar Power Co's current Cyclically Adjusted Book per Share is BDT40.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT56.70, compared to a current price of BDT54.40 — trading 4.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is BDT40.03. Shahjibazar Power Co's overall GF Score™ is 93/100 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 Shahjibazar Power Co (DHA:SPCL), the current Cyclically Adjusted Book per Share is BDT40.03 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 Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be undervalued. The current stock price of BDT54.40 is trading 4.1% below its estimated GF Value™ of BDT56.70. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • Cyclically Adjusted Book per Share: BDT40.03
  • GF Value™: BDT56.70 vs. price of BDT54.40 (4.1% below fair value)
  • GF Score™: 93/100 with 7 warning signs

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


Shahjibazar Power Co Business Description

Address 822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
93GF Score

Get the complete analysis for DHA:SPCL

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

BDT54.40
Price
BDT56.70
GF Value