CVO Petrochemical Refinery (DHA:CVOPRL) Cyclically Adjusted PB Ratio: 12.57 (As of Aug. 08, 2026) — 10% Above Median

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DHA:CVOPRL CVO Petrochemical Refinery PLC DHA:CVOPRL
38 GF Score
Price BDT173.90
! 3 Warning Signs
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What is CVO Petrochemical Refinery Cyclically Adjusted PB Ratio?

CVO Petrochemical Refinery DHA:CVOPRL +0.29% 38 Cyclically Adjusted PB Ratio is 12.57 as of Aug. 08, 2026, which is 10% above its 10-year median of 11.41. GuruFocus rates DHA:CVOPRL with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 767 Oil & Gas companies, CVO Petrochemical Refinery ranks worse than 97.91% on this metric.

As of today (2026-08-08), CVO Petrochemical Refinery's current share price is BDT173.90. CVO Petrochemical Refinery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT13.84. CVO Petrochemical Refinery's Cyclically Adjusted PB Ratio for today is 12.57.

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

DHA:CVOPRL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.87   Med: 11.41   Max: 14.71
Current: 12.58

During the past years, CVO Petrochemical Refinery's highest Cyclically Adjusted PB Ratio was 14.71. The lowest was 6.87. And the median was 11.41.

DHA:CVOPRL's Cyclically Adjusted PB Ratio is ranked worse than
97.91% of 767 companies
in the Oil & Gas industry
Industry Median: 1.2 vs DHA:CVOPRL: 12.58

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.

CVO Petrochemical Refinery's adjusted book value per share data for the three months ended in Mar. 2026 was BDT31.902. 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 BDT13.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVO Petrochemical Refinery  (DHA:CVOPRL) 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.


CVO Petrochemical Refinery Cyclically Adjusted PB Ratio Related Terms


CVO Petrochemical Refinery Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CVO Petrochemical Refinery'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.

CVO Petrochemical Refinery Cyclically Adjusted PB Ratio Chart

CVO Petrochemical Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 13.39 9.86 8.79

CVO Petrochemical Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.75 8.79 11.56 11.07 11.09

DHA:CVOPRL vs MPC, VLO, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, CVO Petrochemical Refinery'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.


CVO Petrochemical Refinery Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVO Petrochemical Refinery's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DHA:CVOPRL
38GF Score
CVO Petrochemical Refinery PLC DHA:CVOPRL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CVO Petrochemical Refinery 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.

CVO Petrochemical Refinery's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=173.90/13.84
=12.57

* 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.

CVO Petrochemical Refinery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CVO Petrochemical Refinery's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=31.902/330.2130*330.2130
=31.902

Current CPI (Mar. 2026) = 330.2130.

CVO Petrochemical Refinery Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.381 241.018 21.073
201609 15.173 241.428 20.753
201612 12.481 241.432 17.071
201703 11.752 243.801 15.917
201706 10.931 244.955 14.736
201709 10.867 246.819 14.539
201712 10.788 246.524 14.450
201803 10.955 249.554 14.496
201806 11.158 251.989 14.622
201809 11.226 252.439 14.685
201812 11.109 251.233 14.601
201903 11.229 254.202 14.587
201906 11.146 256.143 14.369
201909 11.209 256.759 14.416
201912 10.718 256.974 13.773
202003 10.747 258.115 13.749
202006 10.637 257.797 13.625
202009 10.173 260.280 12.906
202012 9.748 260.474 12.358
202103 9.173 264.877 11.436
202106 8.839 271.696 10.743
202109 8.345 274.310 10.046
202112 7.765 278.802 9.197
202203 7.267 287.504 8.347
202206 6.517 296.311 7.263
202209 5.805 296.808 6.458
202212 5.943 296.797 6.612
202303 6.065 301.836 6.635
202306 6.959 305.109 7.532
202309 7.886 307.789 8.461
202312 8.201 306.746 8.828
202403 8.582 312.332 9.073
202406 8.677 314.175 9.120
202409 9.447 315.301 9.894
202412 9.415 315.605 9.851
202503 9.993 319.799 10.318
202506 25.493 322.561 26.098
202509 27.116 324.800 27.568
202512 30.782 324.054 31.367
202603 31.902 330.213 31.902

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 12.57 mean?
CVO Petrochemical Refinery (DHA:CVOPRL) has a Cyclically Adjusted PB Ratio of 12.57 as of Aug. 08, 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 CVO Petrochemical Refinery and its competitors. This is 10% above median its historical median of 11.41. Over the past decade, CVO Petrochemical Refinery's Cyclically Adjusted PB Ratio has ranged from 6.87 to 14.71. According to the industry distribution chart, CVO Petrochemical Refinery ranks #751 out of 767 companies in the Oil & Gas industry, placing it in the top 97.9%.
Is CVO Petrochemical Refinery's Cyclically Adjusted PB Ratio too high?
CVO Petrochemical Refinery's current Cyclically Adjusted PB Ratio of 12.57 is 10% above median its 10-year median of 11.41. Over the past 10 years, this metric has ranged from a low of 6.87 to a high of 14.71. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. CVO Petrochemical Refinery's value of 12.57 is 947.5% above this industry median. Based on the distribution chart, CVO Petrochemical Refinery ranks #751 out of 767 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, CVO Petrochemical Refinery has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does CVO Petrochemical Refinery's Cyclically Adjusted PB Ratio compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, CVO Petrochemical Refinery ranks #751 out of 767 companies for Cyclically Adjusted PB Ratio. This places CVO Petrochemical Refinery in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. CVO Petrochemical Refinery's value of 12.57 is 947.5% above this benchmark. Historically, CVO Petrochemical Refinery's own Cyclically Adjusted PB Ratio has ranged from 6.87 to 14.71 over the past decade. While the company's 10-year median is 11.41 vs. the industry median of 1.20, CVO Petrochemical Refinery has consistently been above 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 767 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. CVO Petrochemical Refinery's current Cyclically Adjusted PB Ratio of 12.57 is 947.5% above 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 CVO Petrochemical Refinery and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVO Petrochemical Refinery's current Cyclically Adjusted PB Ratio is 12.57, which is 10% above median its own 10-year median of 11.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVO Petrochemical Refinery stock overvalued right now?
CVO Petrochemical Refinery (DHA:CVOPRL) has a current Cyclically Adjusted PB Ratio of 12.57. The current Cyclically Adjusted PB Ratio is 12.57, which is 10% above median its 10-year median of 11.41 and 947.5% above the Oil & Gas industry median of 1.20. CVO Petrochemical Refinery's overall GF Score™ is 38/100 with 3 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 CVO Petrochemical Refinery (DHA:CVOPRL), the current Cyclically Adjusted PB Ratio is 12.57 as of Aug. 08, 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.

CVO Petrochemical Refinery Business Description

Industry EnergyOil & Gas
Address 37, Katalgonj, Panchlaish, Chattogram, BGD
CVO Petrochemical Refinery PLC is a petrochemical company. It is engaged in the production and sale of Hydrocarbon Solvent with the use of new raw material Naphtha and also supplies fuels like Motor Spirit (MS), Mineral Turpentine (MTT), HSD (High-Speed Diesel) which it produces from Natural Gas Condensate.
38GF Score

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

BDT173.90
Price