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LafargeHolcim Bangladesh (DHA:LHBL) Cyclically Adjusted PB Ratio : 3.59 (As of Jun. 25, 2024)


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What is LafargeHolcim Bangladesh Cyclically Adjusted PB Ratio?

As of today (2024-06-25), LafargeHolcim Bangladesh's current share price is BDT60.90. LafargeHolcim Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT16.98. LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio for today is 3.59.

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

DHA:LHBL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.45   Med: 4.27   Max: 5.22
Current: 3.53

During the past years, LafargeHolcim Bangladesh's highest Cyclically Adjusted PB Ratio was 5.22. The lowest was 3.45. And the median was 4.27.

DHA:LHBL's Cyclically Adjusted PB Ratio is ranked worse than
83.13% of 320 companies
in the Building Materials industry
Industry Median: 1.085 vs DHA:LHBL: 3.53

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.

LafargeHolcim Bangladesh's adjusted book value per share data for the three months ended in Mar. 2024 was BDT20.530. 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 BDT16.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LafargeHolcim Bangladesh Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LafargeHolcim Bangladesh'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.

LafargeHolcim Bangladesh Cyclically Adjusted PB Ratio Chart

LafargeHolcim Bangladesh Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.21 4.18 4.20

LafargeHolcim Bangladesh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.05 4.29 4.24 4.20 4.02

Competitive Comparison of LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, LafargeHolcim Bangladesh'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.


LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LafargeHolcim Bangladesh 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.

LafargeHolcim Bangladesh's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.90/16.98
=3.59

* 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.

LafargeHolcim Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LafargeHolcim Bangladesh's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.53/131.7762*131.7762
=20.530

Current CPI (Mar. 2024) = 131.7762.

LafargeHolcim Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.236 100.560 13.414
201409 0.000 100.428 0.000
201412 11.414 99.070 15.182
201503 12.024 99.621 15.905
201506 11.574 100.684 15.148
201509 11.872 100.392 15.583
201512 12.366 99.792 16.329
201603 12.798 100.470 16.786
201606 13.156 101.688 17.049
201609 13.005 101.861 16.824
201612 13.236 101.863 17.123
201703 13.598 102.862 17.420
201706 13.054 103.349 16.645
201709 12.709 104.136 16.082
201712 13.151 104.011 16.662
201803 13.351 105.290 16.710
201806 13.028 106.317 16.148
201809 12.796 106.507 15.832
201812 13.414 105.998 16.676
201903 13.755 107.251 16.900
201906 13.139 108.070 16.021
201909 13.415 108.329 16.319
201912 13.948 108.420 16.953
202003 14.230 108.902 17.219
202006 13.771 108.767 16.684
202009 14.400 109.815 17.280
202012 14.887 109.897 17.851
202103 15.758 111.754 18.581
202106 15.803 114.631 18.167
202109 16.611 115.734 18.913
202112 17.044 117.630 19.094
202203 15.244 121.301 16.560
202206 16.410 125.017 17.297
202209 15.994 125.227 16.831
202212 15.250 125.222 16.048
202303 17.108 127.348 17.703
202306 17.069 128.729 17.473
202309 18.389 129.860 18.660
202312 19.138 129.419 19.487
202403 20.530 131.776 20.530

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.


LafargeHolcim Bangladesh  (DHA:LHBL) 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.


LafargeHolcim Bangladesh Cyclically Adjusted PB Ratio Related Terms

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


LafargeHolcim Bangladesh (DHA:LHBL) Business Description

Traded in Other Exchanges
N/A
Address
(Tejgaon Gulshan Link Road) Tejgaon, NinaKabbo, Level-7, 227/A Bir Uttam Mir Shawkat Sarak, Dhaka, BGD, 1208
LafargeHolcim Bangladesh Ltd is a frontline cement producer in Bangladesh. The company is engaged in the manufacturing and marketing cement in the local and international market. It operates a cement manufacturing plant at Chhatak.

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