Dohler (BSP:DOHL4) Cyclically Adjusted PB Ratio: 0.60 (As of Aug. 31, 2026) — 40% Below Median

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BSP:DOHL4 Dohler SA BSP:DOHL4
57 GF Score
Price R$3.66
GF Value R$3.69
Valuation Fairly Valued
! 5 Warning Signs
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What is Dohler Cyclically Adjusted PB Ratio?

Dohler BSP:DOHL4 -1.61% 57 Cyclically Adjusted PB Ratio is 0.60 as of Aug. 31, 2026, which is 40% below its 10-year median of 1.00. GuruFocus rates BSP:DOHL4 with a GF Score™ of 57/100 and a GF Value™ of R$3.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 639 Manufacturing - Apparel & Accessories companies, Dohler ranks better than 67.29% on this metric.

As of today (2026-08-31), Dohler's current share price is R$3.66. Dohler's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$6.07. Dohler's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for Dohler's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:DOHL4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1   Max: 5.12
Current: 0.6

During the past years, Dohler's highest Cyclically Adjusted PB Ratio was 5.12. The lowest was 0.51. And the median was 1.00.

BSP:DOHL4's Cyclically Adjusted PB Ratio is ranked better than
67.29% of 639 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.94 vs BSP:DOHL4: 0.60

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.

Dohler's adjusted book value per share data for the three months ended in Jun. 2026 was R$9.143. 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 R$6.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dohler  (BSP:DOHL4) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Dohler Cyclically Adjusted PB Ratio Related Terms


Dohler Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dohler's Cyclically Adjusted PB Ratio 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.

Dohler Cyclically Adjusted PB Ratio Chart

Dohler Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.04 0.70 0.78 0.62

Dohler Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.62 0.62 0.62 0.61 0.60

Dohler Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Dohler'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.


Dohler Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


BSP:DOHL4
57GF Score
Dohler SA BSP:DOHL4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dohler Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Dohler's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.66/6.07
=0.60

* 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.

Dohler's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dohler's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.143/177.5443*177.5443
=9.143

Current CPI (Jun. 2026) = 177.5443.

Dohler Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.690 109.986 10.799
201612 6.754 110.802 10.822
201703 6.831 111.869 10.841
201706 6.920 112.115 10.958
201709 7.052 112.777 11.102
201712 7.057 114.068 10.984
201803 7.183 114.868 11.102
201806 7.279 117.038 11.042
201809 7.625 117.881 11.484
201812 7.546 118.340 11.321
201903 7.583 120.124 11.208
201906 7.554 120.977 11.086
201909 7.605 121.292 11.132
201912 7.860 123.436 11.305
202003 7.825 124.092 11.196
202006 7.704 123.557 11.070
202009 7.969 125.095 11.310
202012 8.666 129.012 11.926
202103 8.881 131.660 11.976
202106 8.994 133.871 11.928
202109 9.283 137.913 11.951
202112 9.317 141.992 11.650
202203 9.411 146.537 11.402
202206 9.366 149.784 11.102
202209 9.368 147.800 11.253
202212 9.363 150.207 11.067
202303 9.413 153.352 10.898
202306 9.242 154.519 10.619
202309 9.245 155.464 10.558
202312 9.362 157.148 10.577
202403 9.245 159.372 10.299
202406 9.166 161.052 10.105
202409 9.114 162.342 9.967
202412 9.179 164.740 9.892
202503 9.197 168.102 9.714
202506 9.159 169.670 9.584
202509 9.186 170.739 9.552
202512 9.286 171.765 9.598
202603 9.172 175.066 9.302
202606 9.143 177.544 9.143

Add all the adjusted book value per share together and divide the count will get our 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.

What does a Cyclically Adjusted PB Ratio of 0.60 mean?
Dohler (BSP:DOHL4) has a Cyclically Adjusted PB Ratio of 0.60 as of Aug. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Dohler and its competitors. This is 40% below median its historical median of 1.00. Over the past decade, Dohler's Cyclically Adjusted PB Ratio has ranged from 0.51 to 5.12. According to the industry distribution chart, Dohler ranks #209 out of 639 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.7%.
Is Dohler's Cyclically Adjusted PB Ratio too high?
Dohler's current Cyclically Adjusted PB Ratio of 0.60 is 40% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 5.12. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.94. Dohler's value of 0.60 is 36.2% below this industry median. Based on the distribution chart, Dohler ranks #209 out of 639 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Dohler has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dohler's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dohler ranks #209 out of 639 companies for Cyclically Adjusted PB Ratio. This puts Dohler in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.94. Dohler's value of 0.60 is 36.2% below this benchmark. Historically, Dohler's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 5.12 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.94, Dohler has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.94, based on 639 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dohler's current Cyclically Adjusted PB Ratio of 0.60 is 36.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Dohler and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dohler's current Cyclically Adjusted PB Ratio is 0.60, which is 40% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dohler stock overvalued right now?
Based on GuruFocus' analysis, Dohler (BSP:DOHL4) is currently considered Fairly Valued. The stock's GF Value™ is R$3.69, compared to a current price of R$3.66 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 40% below median its 10-year median of 1.00 and 36.2% below the Manufacturing - Apparel & Accessories industry median of 0.94. Dohler's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Dohler (BSP:DOHL4), the current Cyclically Adjusted PB Ratio is 0.60 as of Aug. 31, 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 Dohler (BSP:DOHL4) Overvalued in 2026?

Based on GuruFocus' analysis, Dohler stock appears to be undervalued. The current stock price of R$3.66 is trading 0.8% below its estimated GF Value™ of R$3.69. GuruFocus considers Dohler to be Fairly Valued.

Key valuation signals for BSP:DOHL4:

  • Cyclically Adjusted PB Ratio: 0.60 (40% below median its 10-year median of 1.00)
  • GF Value™: R$3.69 vs. price of R$3.66 (0.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 36.2% below the Manufacturing - Apparel & Accessories median (#209 of 639)

No single metric tells the full story. See the BSP:DOHL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dohler Business Description

Other Exchanges DOHL3:Brazil
Address R Arno Waldemar Dohler 145, Joinville, SC, BRA, 89219902
Dohler SA manufactures and commercialize cotton products for household or industrial use. The company offers bed skirts, bedding sets, and quilts; bath, floor, beach, and bathrobe products; and pantry and kitchen products, such as table products, aprons, dish towels, terry cloths, and multi utility products. It also provides handicrafts for bath, baby, and kitchen and pantry products; fabrics for patchwork; and fabrics for embroidering, as well as decoration products. In addition, the company offers curtains, blankets, and fabric cushions; hospital fabrics; and industrial tissues, including blinds, digital printing, and mattress coatings.
57GF Score

Get the complete analysis for BSP:DOHL4

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

R$3.66
Price
R$3.69
GF Value