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.
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.
Marico BangladeshDHA:MARICO -0.96%100 Cyclically Adjusted PB Ratio is 22.85 as of Aug. 31, 2026, which is 2% below its 10-year median of 23.33. GuruFocus rates DHA:MARICO with a GF Score™ of 100/100 and a GF Value™ of BDT3,254.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,267 Consumer Packaged Goods companies, Marico Bangladesh ranks worse than 98.66% on this metric.
The historical rank and industry rank for Marico Bangladesh's Cyclically Adjusted PB Ratio or its related term are showing as below:
DHA:MARICO'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 20.55 Med: 23.33 Max: 27.23
Current: 23.07
During the past years, Marico Bangladesh's highest Cyclically Adjusted PB Ratio was 27.23. The lowest was 20.55. And the median was 23.33.
DHA:MARICO's Cyclically Adjusted PB Ratio is ranked worse than 98.66% of 1267
companies
in the Consumer Packaged Goods industry
Industry Median: 1.26
vs DHA:MARICO: 23.07
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.
Marico Bangladesh's adjusted book value per share data for the three months ended in Jun. 2026 was BDT146.143. 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 BDT118.56 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Marico Bangladesh (DHA:MARICO) 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.
Marico Bangladesh Cyclically Adjusted PB Ratio Related Terms
Marico Bangladesh Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Marico 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.
Marico Bangladesh Cyclically Adjusted PB Ratio Chart
DHA:MARICO vs PG, CL, EL: Cyclically Adjusted PB Ratio Comparison
For the Household & Personal Products subindustry, Marico 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.
Marico Bangladesh Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Marico Bangladesh's Cyclically Adjusted PB Ratio falls into.
Marico 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.
Marico Bangladesh's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 22.85 mean?
Marico Bangladesh (DHA:MARICO) has a Cyclically Adjusted PB Ratio of 22.85 as of Aug. 31, 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 Marico Bangladesh and its competitors. This is near median its historical median of 23.33. Over the past decade, Marico Bangladesh's Cyclically Adjusted PB Ratio has ranged from 20.55 to 27.23. According to the industry distribution chart, Marico Bangladesh ranks #1250 out of 1267 companies in the Consumer Packaged Goods industry, placing it in the top 98.7%.
Is Marico Bangladesh's Cyclically Adjusted PB Ratio too high?
Marico Bangladesh's current Cyclically Adjusted PB Ratio of 22.85 is near median its 10-year median of 23.33. Over the past 10 years, this metric has ranged from a low of 20.55 to a high of 27.23. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Marico Bangladesh's value of 22.85 is 1713.5% above this industry median. Based on the distribution chart, Marico Bangladesh ranks #1250 out of 1267 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Marico Bangladesh has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marico Bangladesh's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico Bangladesh ranks #1250 out of 1267 companies for Cyclically Adjusted PB Ratio. This places Marico Bangladesh in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Marico Bangladesh's value of 22.85 is 1713.5% above this benchmark. Historically, Marico Bangladesh's own Cyclically Adjusted PB Ratio has ranged from 20.55 to 27.23 over the past decade. While the company's 10-year median is 23.33 vs. the industry median of 1.26, Marico Bangladesh 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,267 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. Marico Bangladesh's current Cyclically Adjusted PB Ratio of 22.85 is 1713.5% 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 Marico Bangladesh and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico Bangladesh's current Cyclically Adjusted PB Ratio is 22.85, which is near median its own 10-year median of 23.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marico Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Marico Bangladesh (DHA:MARICO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT3,254.64, compared to a current price of BDT2,709.60 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 22.85, which is near median its 10-year median of 23.33 and 1713.5% above the Consumer Packaged Goods industry median of 1.26. Marico Bangladesh's overall GF Score™ is 100/100 with 6 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 Marico Bangladesh (DHA:MARICO), the current Cyclically Adjusted PB Ratio is 22.85 as of Aug. 31, 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 Marico Bangladesh (DHA:MARICO) Overvalued in 2026?
Based on GuruFocus' analysis, Marico Bangladesh stock appears to be undervalued.
The current stock price of BDT2,709.60 is trading 16.7% below its estimated GF Value™ of BDT3,254.64.
GuruFocus considers Marico Bangladesh to be Modestly Undervalued.
Key valuation signals for DHA:MARICO:
Cyclically Adjusted PB Ratio: 22.85 (near median its 10-year median of 23.33)
GF Value™: BDT3,254.64 vs. price of BDT2,709.60 (16.7% below fair value)
Industry Position: 1713.5% above the Consumer Packaged Goods median (#1250 of 1267)
No single metric tells the full story. See the DHA:MARICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio include brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.
100GF Score
Get the complete analysis for DHA:MARICO
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DHA:MARICO has been successfully added to your 
