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Beach Hatchery (DHA:BEACHHATCH) Cyclically Adjusted PB Ratio : 5.66 (As of May. 02, 2024)


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What is Beach Hatchery Cyclically Adjusted PB Ratio?

As of today (2024-05-02), Beach Hatchery's current share price is BDT74.00. Beach Hatchery's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT13.07. Beach Hatchery's Cyclically Adjusted PB Ratio for today is 5.66.

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

DHA:BEACHHATCH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.9   Med: 3.48   Max: 5.28
Current: 5.28

During the past years, Beach Hatchery's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 2.90. And the median was 3.48.

DHA:BEACHHATCH's Cyclically Adjusted PB Ratio is ranked worse than
89.35% of 1239 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs DHA:BEACHHATCH: 5.28

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.

Beach Hatchery's adjusted book value per share data for the three months ended in Dec. 2023 was BDT11.901. 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 BDT13.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beach Hatchery Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beach Hatchery'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.

Beach Hatchery Cyclically Adjusted PB Ratio Chart

Beach Hatchery Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.48 3.28

Beach Hatchery Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 3.25 - 3.28 3.24 3.56

Competitive Comparison of Beach Hatchery's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Beach Hatchery'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.


Beach Hatchery's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beach Hatchery's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Beach Hatchery 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.

Beach Hatchery's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.00/13.07
=5.66

* 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.

Beach Hatchery's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Beach Hatchery's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.901/129.4194*129.4194
=11.901

Current CPI (Dec. 2023) = 129.4194.

Beach Hatchery Quarterly Data

Book Value per Share CPI Adj_Book
201312 11.277 98.326 14.843
201403 11.741 99.695 15.242
201406 12.065 100.560 15.528
201409 12.327 100.428 15.886
201412 11.909 99.070 15.557
201503 11.592 99.621 15.059
201506 11.877 100.684 15.267
201509 11.878 100.392 15.312
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 11.259 101.688 14.329
201609 11.147 101.861 14.163
201612 11.936 101.863 15.165
201703 11.798 102.862 14.844
201706 11.759 103.349 14.725
201709 11.649 104.136 14.477
201712 11.540 104.011 14.359
201803 11.437 105.290 14.058
201806 11.360 106.317 13.829
201809 11.260 106.507 13.682
201812 10.325 105.998 12.606
201903 10.241 107.251 12.358
201906 10.141 108.070 12.144
201909 10.059 108.329 12.017
201912 9.905 108.420 11.823
202003 9.824 108.902 11.675
202006 9.798 108.767 11.658
202009 0.000 109.815 0.000
202012 10.109 109.897 11.905
202103 9.965 111.754 11.540
202106 9.573 114.631 10.808
202109 9.527 115.734 10.654
202112 9.591 117.630 10.552
202203 9.692 121.301 10.341
202206 9.725 125.017 10.067
202209 10.032 125.227 10.368
202212 0.000 125.222 0.000
202306 10.583 128.729 10.640
202309 11.019 129.860 10.982
202312 11.901 129.419 11.901

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.


Beach Hatchery  (DHA:BEACHHATCH) 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.


Beach Hatchery Cyclically Adjusted PB Ratio Related Terms

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


Beach Hatchery (DHA:BEACHHATCH) Business Description

Traded in Other Exchanges
N/A
Address
113, Kazi Nazrul lslam Avenue, Concord Tower, 9th floor, Bangla Motor, Dhaka, BGD, 1000
Beach Hatchery Ltd is engaged in the production of shrimp fry for selling it in local markets. The company has its factory located in Moheshkhalipara, Teknaf Sea beach, Teknaf, Cox's Bazar, Bangladesh. It produces shrimp fry in 6-7 cycles.

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