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Bay Leasing & InvestmentDHA:BAYLEASING 20 Cyclically Adjusted PB Ratio is 0.34 as of Jul. 16, 2026, which is 28% below its 10-year median of 0.47. GuruFocus rates DHA:BAYLEASING with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 420 Credit Services companies, Bay Leasing & Investment ranks better than 83.33% on this metric.
The historical rank and industry rank for Bay Leasing & Investment's Cyclically Adjusted PB Ratio or its related term are showing as below:
DHA:BAYLEASING'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.47 Max: 1.21
Current: 0.34
During the past years, Bay Leasing & Investment's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.18. And the median was 0.47.
DHA:BAYLEASING's Cyclically Adjusted PB Ratio is ranked better than 83.33% of 420
companies
in the Credit Services industry
Industry Median: 0.945
vs DHA:BAYLEASING: 0.34
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.
Bay Leasing & Investment's adjusted book value per share data for the three months ended in Mar. 2026 was BDT-21.020. 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 BDT13.18 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Bay Leasing & Investment (DHA:BAYLEASING) 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.
Bay Leasing & Investment Cyclically Adjusted PB Ratio Related Terms
Bay Leasing & Investment Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Bay Leasing & Investment'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.
Bay Leasing & Investment Cyclically Adjusted PB Ratio Chart
DHA:BAYLEASING vs V, MA, AXP: Cyclically Adjusted PB Ratio Comparison
For the Credit Services subindustry, Bay Leasing & Investment'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.
Bay Leasing & Investment Cyclically Adjusted PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Bay Leasing & Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Bay Leasing & Investment's Cyclically Adjusted PB Ratio falls into.
Bay Leasing & Investment 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.
* 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.
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 0.34 mean?
Bay Leasing & Investment (DHA:BAYLEASING) has a Cyclically Adjusted PB Ratio of 0.34 as of Jul. 16, 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 Bay Leasing & Investment and its competitors. This is 28% below median its historical median of 0.47. Over the past decade, Bay Leasing & Investment's Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.21. According to the industry distribution chart, Bay Leasing & Investment ranks #70 out of 420 companies in the Credit Services industry, placing it in the top 16.7%.
Is Bay Leasing & Investment's Cyclically Adjusted PB Ratio too high?
Bay Leasing & Investment's current Cyclically Adjusted PB Ratio of 0.34 is 28% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.21. The Credit Services industry median Cyclically Adjusted PB Ratio is 0.95. Bay Leasing & Investment's value of 0.34 is 64% below this industry median. Based on the distribution chart, Bay Leasing & Investment ranks #70 out of 420 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bay Leasing & Investment has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Bay Leasing & Investment's Cyclically Adjusted PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Bay Leasing & Investment ranks #70 out of 420 companies for Cyclically Adjusted PB Ratio. This places Bay Leasing & Investment in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.95. Bay Leasing & Investment's value of 0.34 is 64% below this benchmark. Historically, Bay Leasing & Investment's own Cyclically Adjusted PB Ratio has ranged from 0.18 to 1.21 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.95, Bay Leasing & Investment 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 Credit Services company?
The median Cyclically Adjusted PB Ratio among Credit Services companies is 0.95, based on 420 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. Bay Leasing & Investment's current Cyclically Adjusted PB Ratio of 0.34 is 64% 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 Bay Leasing & Investment and its competitors. For the Credit Services industry, the median Cyclically Adjusted PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bay Leasing & Investment's current Cyclically Adjusted PB Ratio is 0.34, which is 28% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bay Leasing & Investment stock overvalued right now?
Bay Leasing & Investment (DHA:BAYLEASING) has a current Cyclically Adjusted PB Ratio of 0.34. The current Cyclically Adjusted PB Ratio is 0.34, which is 28% below median its 10-year median of 0.47 and 64% below the Credit Services industry median of 0.95. Bay Leasing & Investment's overall GF Score™ is 20/100 with 2 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 Bay Leasing & Investment (DHA:BAYLEASING), the current Cyclically Adjusted PB Ratio is 0.34 as of Jul. 16, 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.
Bay Leasing & Investment Ltd is engaged in lease financing for all types of machinery and equipment including vehicles for industrial, commercial and private purposes. The company is also engaged in term finance, housing finance among others. The company's products and services include Lease finance, Term loan, Home loan, SME loan, and Other.
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