Meghna Petroleum (DHA:MPETROLEUM) Cyclically Adjusted PB Ratio: 1.10 (As of Jul. 26, 2026) — 14% Below Median

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DHA:MPETROLEUM Meghna Petroleum PLC DHA:MPETROLEUM
85 GF Score
Price BDT214.30
GF Value BDT175.11
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Meghna Petroleum Cyclically Adjusted PB Ratio?

Meghna Petroleum DHA:MPETROLEUM -0.60% 85 Cyclically Adjusted PB Ratio is 1.10 as of Jul. 26, 2026, which is 14% below its 10-year median of 1.28. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 85/100 and a GF Value™ of BDT175.11 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 766 Oil & Gas companies, Meghna Petroleum ranks better than 54.57% on this metric.

As of today (2026-07-26), Meghna Petroleum's current share price is BDT214.30. Meghna Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT195.45. Meghna Petroleum's Cyclically Adjusted PB Ratio for today is 1.10.

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

DHA:MPETROLEUM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.28   Max: 1.59
Current: 1.1

During the past years, Meghna Petroleum's highest Cyclically Adjusted PB Ratio was 1.59. The lowest was 1.02. And the median was 1.28.

DHA:MPETROLEUM's Cyclically Adjusted PB Ratio is ranked better than
54.57% of 766 companies
in the Oil & Gas industry
Industry Median: 1.215 vs DHA:MPETROLEUM: 1.10

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.

Meghna Petroleum's adjusted book value per share data for the three months ended in Mar. 2026 was BDT300.022. 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 BDT195.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meghna Petroleum  (DHA:MPETROLEUM) 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.


Meghna Petroleum Cyclically Adjusted PB Ratio Related Terms


Meghna Petroleum Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Meghna Petroleum'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.

Meghna Petroleum Cyclically Adjusted PB Ratio Chart

Meghna Petroleum 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 1.43 1.25 1.16

Meghna Petroleum 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 1.21 1.16 1.17 1.03 1.02

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

For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.


Meghna Petroleum Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


DHA:MPETROLEUM
85GF Score
Meghna Petroleum PLC DHA:MPETROLEUM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meghna Petroleum 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.

Meghna Petroleum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=214.30/195.45
=1.10

* 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.

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

For example, Meghna Petroleum'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)
=300.022/330.2130*330.2130
=300.022

Current CPI (Mar. 2026) = 330.2130.

Meghna Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201606 81.567 241.018 111.753
201609 86.153 241.428 117.836
201612 91.225 241.432 124.771
201703 84.915 243.801 115.012
201706 91.349 244.955 123.144
201709 97.384 246.819 130.288
201712 103.122 246.524 138.129
201803 98.471 249.554 130.298
201806 113.654 251.989 148.935
201809 121.717 252.439 159.217
201812 129.280 251.233 169.922
201903 121.188 254.202 157.425
201906 134.761 256.143 173.730
201909 142.317 256.759 183.031
201912 148.511 256.974 190.837
202003 0.000 258.115 0.000
202006 148.215 257.797 189.849
202009 154.756 260.280 196.336
202012 160.456 260.474 203.416
202103 165.611 264.877 206.462
202106 159.901 271.696 194.340
202109 165.935 274.310 199.752
202112 172.642 278.802 204.477
202203 179.013 287.504 205.606
202206 174.152 296.311 194.077
202209 182.854 296.808 203.434
202212 191.193 296.797 212.719
202303 184.103 301.836 201.411
202306 200.009 305.109 216.465
202309 208.428 307.789 223.613
202312 217.484 306.746 234.122
202403 211.228 312.332 223.321
202406 234.121 314.175 246.072
202409 246.849 315.301 258.524
202412 0.000 315.605 0.000
202503 255.178 319.799 263.488
202506 278.510 322.561 285.117
202509 292.795 324.800 297.675
202512 287.105 324.054 292.562
202603 300.022 330.213 300.022

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 1.10 mean?
Meghna Petroleum (DHA:MPETROLEUM) has a Cyclically Adjusted PB Ratio of 1.10 as of Jul. 26, 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 Meghna Petroleum and its competitors. This is 14% below median its historical median of 1.28. Over the past decade, Meghna Petroleum's Cyclically Adjusted PB Ratio has ranged from 1.02 to 1.59. According to the industry distribution chart, Meghna Petroleum ranks #348 out of 766 companies in the Oil & Gas industry, placing it in the top 45.4%.
Is Meghna Petroleum's Cyclically Adjusted PB Ratio too high?
Meghna Petroleum's current Cyclically Adjusted PB Ratio of 1.10 is 14% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 1.59. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.22. Meghna Petroleum's value of 1.10 is 9.5% below this industry median. Based on the distribution chart, Meghna Petroleum ranks #348 out of 766 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Meghna Petroleum has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meghna Petroleum's Cyclically Adjusted PB Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Meghna Petroleum ranks #348 out of 766 companies for Cyclically Adjusted PB Ratio. This puts Meghna Petroleum in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.22. Meghna Petroleum's value of 1.10 is 9.5% below this benchmark. Historically, Meghna Petroleum's own Cyclically Adjusted PB Ratio has ranged from 1.02 to 1.59 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.22, Meghna Petroleum 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.22, based on 766 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. Meghna Petroleum's current Cyclically Adjusted PB Ratio of 1.10 is 9.5% 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 Meghna Petroleum and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Petroleum's current Cyclically Adjusted PB Ratio is 1.10, which is 14% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghna Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Meghna Petroleum (DHA:MPETROLEUM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT175.11, compared to a current price of BDT214.30 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.10, which is 14% below median its 10-year median of 1.28 and 9.5% below the Oil & Gas industry median of 1.22. Meghna Petroleum's overall GF Score™ is 85/100 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 Meghna Petroleum (DHA:MPETROLEUM), the current Cyclically Adjusted PB Ratio is 1.10 as of Jul. 26, 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 Meghna Petroleum (DHA:MPETROLEUM) Overvalued in 2026?

Based on GuruFocus' analysis, Meghna Petroleum stock appears to be overvalued. The current stock price of BDT214.30 is trading 22.4% above its estimated GF Value™ of BDT175.11. GuruFocus considers Meghna Petroleum to be Modestly Overvalued.

Key valuation signals for DHA:MPETROLEUM:

  • Cyclically Adjusted PB Ratio: 1.10 (14% below median its 10-year median of 1.28)
  • GF Value™: BDT175.11 vs. price of BDT214.30 (22.4% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 9.5% below the Oil & Gas median (#348 of 766)

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


Meghna Petroleum Business Description

Industry EnergyOil & Gas
Address 58-59 Agrabad Commercial Area, Chattogram, BGD, 4100
Meghna Petroleum Ltd is engaged in the business of petroleum oil and related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants, oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments. The Petroleum Products segment includes the company's earnings from the marketing of petroleum products, bitumen, and LPG. The Lubricating Oil & Grease Operations segment includes the company's income from the trading of lubricating oil and grease of BP and Castrol brands. The majority of revenue comes from the Petroleum Products segment.
85GF Score

Get the complete analysis for DHA:MPETROLEUM

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

BDT214.30
Price
BDT175.11
GF Value