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Olympic Industries (DHA:OLYMPIC) Cyclically Adjusted PB Ratio : 3.54 (As of May. 11, 2024)


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What is Olympic Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-11), Olympic Industries's current share price is BDT139.40. Olympic Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was BDT39.38. Olympic Industries's Cyclically Adjusted PB Ratio for today is 3.54.

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

DHA:OLYMPIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.49   Med: 3.98   Max: 4.8
Current: 3.54

During the past years, Olympic Industries's highest Cyclically Adjusted PB Ratio was 4.80. The lowest was 3.49. And the median was 3.98.

DHA:OLYMPIC's Cyclically Adjusted PB Ratio is ranked worse than
81.61% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs DHA:OLYMPIC: 3.54

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.

Olympic Industries's adjusted book value per share data for the three months ended in Mar. 2024 was BDT52.001. 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 BDT39.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olympic Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Olympic Industries'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.

Olympic Industries Cyclically Adjusted PB Ratio Chart

Olympic Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.09

Olympic Industries 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 4.30 4.09 4.00 3.95 3.86

Competitive Comparison of Olympic Industries's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Olympic Industries'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.


Olympic Industries's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Olympic Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Olympic Industries 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.

Olympic Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=139.40/39.38
=3.54

* 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.

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

For example, Olympic Industries'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)
=52.001/129.4194*129.4194
=52.001

Current CPI (Mar. 2024) = 129.4194.

Olympic Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.616 100.560 16.237
201409 13.795 100.428 17.777
201412 13.775 99.070 17.995
201503 15.059 99.621 19.563
201506 16.913 100.684 21.740
201509 18.634 100.392 24.022
201512 18.328 99.792 23.769
201603 20.492 100.470 26.396
201606 22.663 101.688 28.843
201609 24.736 101.861 31.428
201612 23.001 101.863 29.223
201703 25.258 102.862 31.779
201706 27.073 103.349 33.902
201709 29.317 104.136 36.435
201712 26.956 104.011 33.541
201803 29.277 105.290 35.987
201806 31.531 106.317 38.383
201809 33.928 106.507 41.227
201812 31.332 105.998 38.255
201903 33.703 107.251 40.669
201906 36.093 108.070 43.223
201909 38.881 108.329 46.451
201912 36.349 108.420 43.389
202003 38.820 108.902 46.134
202006 41.220 108.767 49.047
202009 44.072 109.815 51.940
202012 41.391 109.897 48.744
202103 43.976 111.754 50.927
202106 46.210 114.631 52.171
202109 48.275 115.734 53.983
202112 44.417 117.630 48.869
202203 45.930 121.301 49.004
202206 46.838 125.017 48.487
202209 49.163 125.227 50.809
202212 47.595 125.222 49.190
202303 49.633 127.348 50.440
202306 50.122 128.729 50.391
202309 52.929 129.860 52.750
202312 49.885 129.419 49.885
202403 52.001 129.419 52.001

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.


Olympic Industries  (DHA:OLYMPIC) 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.


Olympic Industries Cyclically Adjusted PB Ratio Related Terms

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


Olympic Industries (DHA:OLYMPIC) Business Description

Traded in Other Exchanges
N/A
Address
Amin Court, 6th Floor, 62-63, Motijheel Commercial Area, Dhaka, BGD, 1000
Olympic Industries Ltd is a manufacturer, distributor, and marketer of biscuits and fast-moving consumer goods in Bangladesh. The company's products are distributed into biscuits including Energy Plus, Coconut Plus, First Choice, Crack Jack, Tim Tim, Marie Gold, Namkin among others; cookies and bakery including Badami cookies, dry cake and daily toast; confectionery including Green Mango, Ripe Mango, cool, energy, among others and batteries that include Olympic Gold, Olympic Laser, Olympic Heavy Duty, among others. It has two business units namely Battery and Biscuit and Other. The majority of its revenue is derived from the Biscuit and Other units.

Olympic Industries (DHA:OLYMPIC) Headlines

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