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Al-Haj Textile Mills (DHA:AL-HAJTEX) Cyclically Adjusted PB Ratio : 11.24 (As of Jul. 01, 2025)


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What is Al-Haj Textile Mills Cyclically Adjusted PB Ratio?

As of today (2025-07-01), Al-Haj Textile Mills's current share price is BDT128.10. Al-Haj Textile Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was BDT11.40. Al-Haj Textile Mills's Cyclically Adjusted PB Ratio for today is 11.24.

The historical rank and industry rank for Al-Haj Textile Mills's Cyclically Adjusted PB Ratio or its related term are showing as below:

DHA:AL-HAJTEX's Cyclically Adjusted PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.06
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Al-Haj Textile Mills's adjusted book value per share data for the three months ended in Mar. 2023 was BDT9.070. 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 BDT11.40 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Haj Textile Mills Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Al-Haj Textile Mills Cyclically Adjusted PB Ratio Chart

Al-Haj Textile Mills Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
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Al-Haj Textile Mills Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - 12.56 11.72 16.71

Competitive Comparison of Al-Haj Textile Mills's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=128.10/11.40
=11.24

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Al-Haj Textile Mills's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=9.07/127.3478*127.3478
=9.070

Current CPI (Mar. 2023) = 127.3478.

Al-Haj Textile Mills Quarterly Data

Book Value per Share CPI Adj_Book
201306 7.528 98.518 9.731
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 8.395 99.695 10.724
201406 8.388 100.560 10.623
201409 8.645 100.428 10.962
201412 8.805 99.070 11.318
201503 9.015 99.621 11.524
201506 9.364 100.684 11.844
201509 9.708 100.392 12.315
201512 10.064 99.792 12.843
201603 10.069 100.470 12.763
201606 10.173 101.688 12.740
201609 10.349 101.861 12.938
201612 10.794 101.863 13.495
201703 10.991 102.862 13.607
201706 11.232 103.349 13.840
201709 11.426 104.136 13.973
201712 11.569 104.011 14.165
201803 11.237 105.290 13.591
201806 11.256 106.317 13.483
201809 11.141 106.507 13.321
201812 10.934 105.998 13.136
201903 10.825 107.251 12.853
201906 9.379 108.070 11.052
201909 8.760 108.329 10.298
201912 8.749 108.420 10.276
202003 8.615 108.902 10.074
202006 8.453 108.767 9.897
202009 8.268 109.815 9.588
202012 8.628 109.897 9.998
202103 8.732 111.754 9.950
202106 8.614 114.631 9.570
202109 8.639 115.734 9.506
202112 8.730 117.630 9.451
202203 8.914 121.301 9.358
202206 9.523 125.017 9.701
202209 9.683 125.227 9.847
202212 9.473 125.222 9.634
202303 9.070 127.348 9.070

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  (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

Thank you for viewing the detailed overview of Al-Haj Textile Mills's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Haj Textile Mills Business Description

Traded in Other Exchanges
N/A
Address
66, Dilkusha Commercial Area, 4th Floor, Dhaka, BGD, 1000
Al-Haj Textile Mills Ltd is a Bangladesh based company primarily engaged in the manufacturing and sale of cotton yarns. It offers cotton, polyester spun, poly-viscose blend, poly-cotton blend, and viscose spun yarns. It also offers advanced, reasonable solutions for any size-reduction requirements including quarry, aggregate, and various kinds of minerals.

Al-Haj Textile Mills Headlines

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