Al-Haj Textile Mills (DHA:AL-HAJTEX) Cyclically Adjusted PB Ratio: (As of Sep. 02, 2026)

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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:AL-HAJTEX Al-Haj Textile Mills Ltd DHA:AL-HAJTEX
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Price BDT85.80
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What is Al-Haj Textile Mills Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Haj Textile Mills  (DHA:AL-HAJTEX) 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.


Al-Haj Textile Mills Cyclically Adjusted PB Ratio Related Terms


Al-Haj Textile Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Al-Haj Textile Mills'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.

Al-Haj Textile Mills Cyclically Adjusted PB Ratio Chart

Al-Haj Textile Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Al-Haj Textile Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.71 0.00 0.00 0.00 0.00

DHA:AL-HAJTEX vs AIN: Cyclically Adjusted PB Ratio Comparison

For the Textile Manufacturing subindustry, Al-Haj Textile Mills'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.


Al-Haj Textile Mills Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Al-Haj Textile Mills's Cyclically Adjusted PB Ratio falls into.


DHA:AL-HAJTEX
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Al-Haj Textile Mills Ltd DHA:AL-HAJTEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Al-Haj Textile Mills 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.

Al-Haj Textile Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Al-Haj Textile Mills's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.053/312.3320*312.3320
=5.053

Current CPI (Mar. 2024) = 312.3320.

Al-Haj Textile Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.388 238.343 10.992
201409 8.645 238.031 11.344
201412 8.805 234.812 11.712
201503 9.015 236.119 11.925
201506 9.364 238.638 12.256
201509 9.708 237.945 12.743
201512 10.064 236.525 13.290
201603 10.069 238.132 13.206
201606 10.173 241.018 13.183
201609 10.349 241.428 13.388
201612 10.794 241.432 13.964
201703 10.991 243.801 14.081
201706 11.232 244.955 14.321
201709 11.426 246.819 14.459
201712 11.569 246.524 14.657
201803 11.237 249.554 14.064
201806 11.256 251.989 13.951
201809 11.141 252.439 13.784
201812 10.934 251.233 13.593
201903 10.825 254.202 13.300
201906 9.379 256.143 11.436
201909 8.760 256.759 10.656
201912 8.749 256.974 10.634
202003 8.615 258.115 10.425
202006 8.453 257.797 10.241
202009 8.268 260.280 9.921
202012 8.628 260.474 10.346
202103 8.732 264.877 10.296
202106 8.614 271.696 9.902
202109 8.639 274.310 9.836
202112 8.730 278.802 9.780
202203 8.914 287.504 9.684
202206 9.523 296.311 10.038
202209 9.683 296.808 10.189
202212 9.473 296.797 9.969
202303 9.070 301.836 9.385
202306 8.446 305.109 8.646
202309 7.021 307.789 7.125
202312 5.458 306.746 5.557
202403 5.053 312.332 5.053

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.


Al-Haj Textile Mills Business Description

Address 66, Dilkusha Commercial Area, 4th Floor, Dhaka, BGD, 1000
Al-Haj Textile Mills Ltd is a Bangladesh-based company mainly engaged in the manufacturing and sale of cotton yarns. It offers cotton, polyester spun, poly-viscose blend, poly-cotton blend, and viscose spun yarns.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT85.80
Price