Envoy Textiles (DHA:ENVOYTEX) Cyclically Adjusted PB Ratio: 1.14 (As of Aug. 07, 2026) — 14% Above Median

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DHA:ENVOYTEX Envoy Textiles Ltd DHA:ENVOYTEX
99 GF Score
Price BDT56.20
GF Value BDT50.89
Valuation Fairly Valued
! 5 Warning Signs
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What is Envoy Textiles Cyclically Adjusted PB Ratio?

Envoy Textiles DHA:ENVOYTEX -0.71% 99 Cyclically Adjusted PB Ratio is 1.14 as of Aug. 07, 2026, which is 14% above its 10-year median of 1.00. GuruFocus rates DHA:ENVOYTEX with a GF Score™ of 99/100 and a GF Value™ of BDT50.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 848 Manufacturing - Apparel & Accessories companies, Envoy Textiles ranks worse than 56.13% on this metric.

As of today (2026-08-07), Envoy Textiles's current share price is BDT56.20. Envoy Textiles's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT49.23. Envoy Textiles's Cyclically Adjusted PB Ratio for today is 1.14.

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

DHA:ENVOYTEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1   Max: 1.29
Current: 1.14

During the past years, Envoy Textiles's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.72. And the median was 1.00.

DHA:ENVOYTEX's Cyclically Adjusted PB Ratio is ranked worse than
56.13% of 848 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.95 vs DHA:ENVOYTEX: 1.14

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.

Envoy Textiles's adjusted book value per share data for the three months ended in Mar. 2026 was BDT61.207. 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 BDT49.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Envoy Textiles  (DHA:ENVOYTEX) 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.


Envoy Textiles Cyclically Adjusted PB Ratio Related Terms


Envoy Textiles Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Envoy Textiles'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.

Envoy Textiles Cyclically Adjusted PB Ratio Chart

Envoy Textiles 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 1.01 0.79 0.85

Envoy Textiles 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 0.93 0.85 1.19 1.01 1.00

Envoy Textiles Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Envoy Textiles'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.


Envoy Textiles Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


DHA:ENVOYTEX
99GF Score
Envoy Textiles Ltd DHA:ENVOYTEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Envoy Textiles 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.

Envoy Textiles's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.20/49.23
=1.14

* 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.

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

For example, Envoy Textiles'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)
=61.207/330.2130*330.2130
=61.207

Current CPI (Mar. 2026) = 330.2130.

Envoy Textiles Quarterly Data

Book Value per Share CPI Adj_Book
201606 35.128 241.018 48.128
201609 35.431 241.428 48.461
201612 34.864 241.432 47.684
201703 35.357 243.801 47.889
201706 35.955 244.955 48.469
201709 36.436 246.819 48.747
201712 36.238 246.524 48.540
201803 36.709 249.554 48.574
201806 37.268 251.989 48.837
201809 38.296 252.439 50.095
201812 37.980 251.233 49.920
201903 38.840 254.202 50.454
201906 38.354 256.143 49.445
201909 38.896 256.759 50.023
201912 37.974 256.974 48.797
202003 38.864 258.115 49.720
202006 38.427 257.797 49.221
202009 38.534 260.280 48.887
202012 37.658 260.474 47.741
202103 37.900 264.877 47.249
202106 37.789 271.696 45.928
202109 37.995 274.310 45.738
202112 38.662 278.802 45.791
202203 39.404 287.504 45.258
202206 38.209 296.311 42.581
202209 38.825 296.808 43.195
202212 39.415 296.797 43.853
202303 39.893 301.836 43.644
202306 38.571 305.109 41.745
202309 39.213 307.789 42.070
202312 40.014 306.746 43.075
202403 39.679 312.332 41.951
202406 51.932 314.175 54.583
202409 53.441 315.301 55.968
202412 53.510 315.605 55.987
202503 55.952 319.799 57.774
202506 58.322 322.561 59.706
202509 60.581 324.800 61.591
202512 59.667 324.054 60.801
202603 61.207 330.213 61.207

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 1.14 mean?
Envoy Textiles (DHA:ENVOYTEX) has a Cyclically Adjusted PB Ratio of 1.14 as of Aug. 07, 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 Envoy Textiles and its competitors. This is 14% above median its historical median of 1.00. Over the past decade, Envoy Textiles' Cyclically Adjusted PB Ratio has ranged from 0.72 to 1.29. According to the industry distribution chart, Envoy Textiles ranks #476 out of 848 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.1%.
Is Envoy Textiles' Cyclically Adjusted PB Ratio too high?
Envoy Textiles' current Cyclically Adjusted PB Ratio of 1.14 is 14% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.29. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.95. Envoy Textiles' value of 1.14 is 20% above this industry median. Based on the distribution chart, Envoy Textiles ranks #476 out of 848 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Envoy Textiles has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Envoy Textiles' Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Envoy Textiles ranks #476 out of 848 companies for Cyclically Adjusted PB Ratio. This places Envoy Textiles in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.95. Envoy Textiles' value of 1.14 is 20% above this benchmark. Historically, Envoy Textiles' own Cyclically Adjusted PB Ratio has ranged from 0.72 to 1.29 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.95, Envoy Textiles 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 a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.95, based on 848 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. Envoy Textiles's current Cyclically Adjusted PB Ratio of 1.14 is 20% 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 Envoy Textiles and its competitors. For the Manufacturing - Apparel & Accessories 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. Envoy Textiles's current Cyclically Adjusted PB Ratio is 1.14, which is 14% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Envoy Textiles stock overvalued right now?
Based on GuruFocus' analysis, Envoy Textiles (DHA:ENVOYTEX) is currently considered Fairly Valued. The stock's GF Value™ is BDT50.89, compared to a current price of BDT56.20 — trading 10.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 14% above median its 10-year median of 1.00 and 20% above the Manufacturing - Apparel & Accessories industry median of 0.95. Envoy Textiles' overall GF Score™ is 99/100 with 5 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 Envoy Textiles (DHA:ENVOYTEX), the current Cyclically Adjusted PB Ratio is 1.14 as of Aug. 07, 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.

Is Envoy Textiles (DHA:ENVOYTEX) Overvalued in 2026?

Based on GuruFocus' analysis, Envoy Textiles stock appears to be overvalued. The current stock price of BDT56.20 is trading 10.4% above its estimated GF Value™ of BDT50.89. GuruFocus considers Envoy Textiles to be Fairly Valued.

Key valuation signals for DHA:ENVOYTEX:

  • Cyclically Adjusted PB Ratio: 1.14 (14% above median its 10-year median of 1.00)
  • GF Value™: BDT50.89 vs. price of BDT56.20 (10.4% above fair value)
  • GF Score™: 99/100 with 5 warning signs
  • Industry Position: 20% above the Manufacturing - Apparel & Accessories median (#476 of 848)

No single metric tells the full story. See the DHA:ENVOYTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Envoy Textiles Business Description

Address 18/E, Lake Circus Kalabagan, Envoy Tower, West Panthapath, Dhaka, BGD, 1205
Envoy Textiles Ltd is a manufacturer of denim and cotton yarn in Bangladesh. The company produces a range of denim products featuring a wide range of yarns and weaves in various shades of indigo and black. The company specializes in 4.5 oz to 14.75 oz ring and open-end denim and uses stretch, mill wash, and modern finishing processes. The product consists of zero cotton denim, bamboo denim, linen denim among others.
99GF Score

Get the complete analysis for DHA:ENVOYTEX

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

BDT56.20
Price
BDT50.89
GF Value