Malek Spinning Mills (DHA:MALEKSPIN) Cyclically Adjusted PB Ratio: 0.88 (As of Sep. 05, 2026) — 73% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:MALEKSPIN Malek Spinning Mills PLC DHA:MALEKSPIN
73 GF Score
Price BDT51.30
GF Value BDT31.74
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Malek Spinning Mills Cyclically Adjusted PB Ratio?

Malek Spinning Mills DHA:MALEKSPIN 73 Cyclically Adjusted PB Ratio is 0.88 as of Sep. 05, 2026, which is 73% above its 10-year median of 0.51. GuruFocus rates DHA:MALEKSPIN with a GF Score™ of 73/100 and a GF Value™ of BDT31.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 635 Manufacturing - Apparel & Accessories companies, Malek Spinning Mills ranks better than 55.28% on this metric.

As of today (2026-09-05), Malek Spinning Mills's current share price is BDT51.30. Malek Spinning Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT58.19. Malek Spinning Mills's Cyclically Adjusted PB Ratio for today is 0.88.

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

DHA:MALEKSPIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.51   Max: 0.85
Current: 0.8

During the past years, Malek Spinning Mills's highest Cyclically Adjusted PB Ratio was 0.85. The lowest was 0.39. And the median was 0.51.

DHA:MALEKSPIN's Cyclically Adjusted PB Ratio is ranked better than
55.28% of 635 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.94 vs DHA:MALEKSPIN: 0.80

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.

Malek Spinning Mills's adjusted book value per share data for the three months ended in Mar. 2026 was BDT64.148. 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 BDT58.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Malek Spinning Mills  (DHA:MALEKSPIN) 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.


Malek Spinning Mills Cyclically Adjusted PB Ratio Related Terms


Malek Spinning Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Malek Spinning Mills'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.

Malek Spinning Mills Cyclically Adjusted PB Ratio Chart

Malek Spinning Mills 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 0.55 0.50 0.56 0.41

Malek Spinning Mills 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 0.46 0.41 0.57 0.50 0.46

Malek Spinning Mills Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Malek Spinning Mills'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.


Malek Spinning Mills Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Malek Spinning Mills's Cyclically Adjusted PB Ratio falls into.


DHA:MALEKSPIN
73GF Score
Malek Spinning Mills PLC DHA:MALEKSPIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Malek Spinning Mills 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.

Malek Spinning Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.30/58.19
=0.88

* 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.

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

For example, Malek Spinning Mills'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)
=64.148/330.2130*330.2130
=64.148

Current CPI (Mar. 2026) = 330.2130.

Malek Spinning Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 45.150 241.018 61.859
201609 45.352 241.428 62.030
201612 45.687 241.432 62.487
201703 44.955 243.801 60.889
201706 45.195 244.955 60.925
201709 45.301 246.819 60.607
201712 45.690 246.524 61.201
201803 45.030 249.554 59.584
201806 45.363 251.989 59.445
201809 45.633 252.439 59.692
201812 46.149 251.233 60.657
201903 44.948 254.202 58.388
201906 45.127 256.143 58.177
201909 45.364 256.759 58.342
201912 45.769 256.974 58.813
202003 44.809 258.115 57.325
202006 42.902 257.797 54.953
202009 43.330 260.280 54.972
202012 43.927 260.474 55.688
202103 44.887 264.877 55.959
202106 46.266 271.696 56.231
202109 47.135 274.310 56.741
202112 48.186 278.802 57.071
202203 48.171 287.504 55.327
202206 48.910 296.311 54.506
202209 50.117 296.808 55.758
202212 49.579 296.797 55.161
202303 46.784 301.836 51.182
202306 46.774 305.109 50.623
202309 48.671 307.789 52.217
202312 50.831 306.746 54.720
202403 52.569 312.332 55.579
202406 53.742 314.175 56.485
202409 55.469 315.301 58.092
202412 57.566 315.605 60.230
202503 58.991 319.799 60.912
202506 60.629 322.561 62.067
202509 62.521 324.800 63.563
202512 63.641 324.054 64.851
202603 64.148 330.213 64.148

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 0.88 mean?
Malek Spinning Mills (DHA:MALEKSPIN) has a Cyclically Adjusted PB Ratio of 0.88 as of Sep. 05, 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 Malek Spinning Mills and its competitors. This is 73% above median its historical median of 0.51. Over the past decade, Malek Spinning Mills' Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.85. According to the industry distribution chart, Malek Spinning Mills ranks #284 out of 635 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.7%.
Is Malek Spinning Mills' Cyclically Adjusted PB Ratio too high?
Malek Spinning Mills' current Cyclically Adjusted PB Ratio of 0.88 is 73% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.85. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.94. Malek Spinning Mills' value of 0.88 is 6.4% below this industry median. Based on the distribution chart, Malek Spinning Mills ranks #284 out of 635 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Malek Spinning Mills has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Malek Spinning Mills' Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Malek Spinning Mills ranks #284 out of 635 companies for Cyclically Adjusted PB Ratio. This puts Malek Spinning Mills in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.94. Malek Spinning Mills' value of 0.88 is 6.4% below this benchmark. Historically, Malek Spinning Mills' own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.85 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.94, Malek Spinning Mills 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.94, based on 635 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. Malek Spinning Mills's current Cyclically Adjusted PB Ratio of 0.88 is 6.4% 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 Malek Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malek Spinning Mills's current Cyclically Adjusted PB Ratio is 0.88, which is 73% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malek Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Malek Spinning Mills (DHA:MALEKSPIN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT31.74, compared to a current price of BDT51.30 — trading 61.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 73% above median its 10-year median of 0.51 and 6.4% below the Manufacturing - Apparel & Accessories industry median of 0.94. Malek Spinning Mills' overall GF Score™ is 73/100 with 8 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 Malek Spinning Mills (DHA:MALEKSPIN), the current Cyclically Adjusted PB Ratio is 0.88 as of Sep. 05, 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 Malek Spinning Mills (DHA:MALEKSPIN) Overvalued in 2026?

Based on GuruFocus' analysis, Malek Spinning Mills stock appears to be overvalued. The current stock price of BDT51.30 is trading 61.6% above its estimated GF Value™ of BDT31.74. GuruFocus considers Malek Spinning Mills to be Significantly Overvalued.

Key valuation signals for DHA:MALEKSPIN:

  • Cyclically Adjusted PB Ratio: 0.88 (73% above median its 10-year median of 0.51)
  • GF Value™: BDT31.74 vs. price of BDT51.30 (61.6% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 6.4% below the Manufacturing - Apparel & Accessories median (#284 of 635)

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


Malek Spinning Mills Business Description

Address Tower-117, 117/A, Tejgaon Industrial Area, Dhaka, BGD, 1208
Malek Spinning Mills PLC is engaged in producing combed and carded yarn. Some of its products include greige yarn, denim fabric, knitted garments, sweater garments, and denim garments.
73GF Score

Get the complete analysis for DHA:MALEKSPIN

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

BDT51.30
Price
BDT31.74
GF Value