Power Grid Company of Bangladesh (DHA:POWERGRID) Cyclically Adjusted PB Ratio: 0.32 (As of Aug. 14, 2026) — 10% 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.
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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:POWERGRID Power Grid Company of Bangladesh Ltd DHA:POWERGRID
69 GF Score
Price BDT39.60
GF Value BDT47.66
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio?

Power Grid Company of Bangladesh DHA:POWERGRID 69 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 14, 2026, which is 10% above its 10-year median of 0.29. GuruFocus rates DHA:POWERGRID with a GF Score™ of 69/100 and a GF Value™ of BDT47.66 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 432 Utilities - Regulated companies, Power Grid Company of Bangladesh ranks better than 91.44% on this metric.

As of today (2026-08-14), Power Grid Company of Bangladesh's current share price is BDT39.60. Power Grid Company of Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT122.49. Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio for today is 0.32.

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

DHA:POWERGRID' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.29   Max: 0.41
Current: 0.33

During the past years, Power Grid Company of Bangladesh's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.22. And the median was 0.29.

DHA:POWERGRID's Cyclically Adjusted PB Ratio is ranked better than
91.44% of 432 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs DHA:POWERGRID: 0.33

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.

Power Grid Company of Bangladesh's adjusted book value per share data for the three months ended in Mar. 2026 was BDT39.078. 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 BDT122.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Grid Company of Bangladesh  (DHA:POWERGRID) 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.


Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Related Terms


Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Power Grid Company of 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.

Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Chart

Power Grid Company of Bangladesh 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 0.00 0.30 0.26

Power Grid Company of Bangladesh 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 0.29 0.26 0.27 0.22 0.24

DHA:POWERGRID vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Power Grid Company of 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.


Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio falls into.


DHA:POWERGRID
69GF Score
Power Grid Company of Bangladesh Ltd DHA:POWERGRID
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Grid Company of 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.

Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.60/122.49
=0.32

* 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.

Power Grid Company of Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Power Grid Company of Bangladesh'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)
=39.078/330.2130*330.2130
=39.078

Current CPI (Mar. 2026) = 330.2130.

Power Grid Company of Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201606 76.889 241.018 105.344
201609 79.015 241.428 108.073
201612 81.266 241.432 111.150
201703 83.249 243.801 112.755
201706 89.787 244.955 121.038
201709 94.196 246.819 126.022
201712 99.426 246.524 133.179
201803 100.114 249.554 132.472
201806 108.120 251.989 141.683
201809 114.213 252.439 149.401
201812 0.000 251.233 0.000
201903 132.148 254.202 171.663
201906 128.914 256.143 166.193
201909 150.367 256.759 193.384
201912 106.575 256.974 136.949
202003 106.210 258.115 135.877
202006 101.170 257.797 129.589
202009 114.111 260.280 144.771
202012 120.397 260.474 152.632
202103 122.164 264.877 152.298
202106 121.435 271.696 147.589
202109 126.204 274.310 151.924
202112 131.843 278.802 156.155
202203 132.741 287.504 152.460
202206 133.194 296.311 148.433
202209 139.075 296.808 154.728
202212 138.204 296.797 153.764
202303 140.475 301.836 153.682
202306 148.908 305.109 161.160
202309 161.026 307.789 172.758
202312 165.749 306.746 178.429
202403 173.497 312.332 183.430
202406 12.718 314.175 13.367
202409 21.988 315.301 23.028
202412 30.625 315.605 32.042
202503 28.075 319.799 28.989
202506 28.256 322.561 28.926
202509 34.193 324.800 34.763
202512 37.325 324.054 38.034
202603 39.078 330.213 39.078

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 0.32 mean?
Power Grid Company of Bangladesh (DHA:POWERGRID) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 14, 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 Power Grid Company of Bangladesh and its competitors. This is 10% above median its historical median of 0.29. Over the past decade, Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.41. According to the industry distribution chart, Power Grid Company of Bangladesh ranks #37 out of 432 companies in the Utilities - Regulated industry, placing it in the top 8.6%.
Is Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio too high?
Power Grid Company of Bangladesh's current Cyclically Adjusted PB Ratio of 0.32 is 10% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.41. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.51. Power Grid Company of Bangladesh's value of 0.32 is 78.8% below this industry median. Based on the distribution chart, Power Grid Company of Bangladesh ranks #37 out of 432 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Power Grid Company of Bangladesh has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Company of Bangladesh ranks #37 out of 432 companies for Cyclically Adjusted PB Ratio. This places Power Grid Company of Bangladesh in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.51. Power Grid Company of Bangladesh's value of 0.32 is 78.8% below this benchmark. Historically, Power Grid Company of Bangladesh's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.41 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.51, Power Grid Company of Bangladesh 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.51, based on 432 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. Power Grid Company of Bangladesh's current Cyclically Adjusted PB Ratio of 0.32 is 78.8% 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 Power Grid Company of Bangladesh and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Company of Bangladesh's current Cyclically Adjusted PB Ratio is 0.32, which is 10% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Grid Company of Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Power Grid Company of Bangladesh (DHA:POWERGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT47.66, compared to a current price of BDT39.60 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 10% above median its 10-year median of 0.29 and 78.8% below the Utilities - Regulated industry median of 1.51. Power Grid Company of Bangladesh's overall GF Score™ is 69/100 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 Power Grid Company of Bangladesh (DHA:POWERGRID), the current Cyclically Adjusted PB Ratio is 0.32 as of Aug. 14, 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 Power Grid Company of Bangladesh (DHA:POWERGRID) Overvalued in 2026?

Based on GuruFocus' analysis, Power Grid Company of Bangladesh stock appears to be undervalued. The current stock price of BDT39.60 is trading 16.9% below its estimated GF Value™ of BDT47.66. GuruFocus considers Power Grid Company of Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:POWERGRID:

  • Cyclically Adjusted PB Ratio: 0.32 (10% above median its 10-year median of 0.29)
  • GF Value™: BDT47.66 vs. price of BDT39.60 (16.9% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 78.8% below the Utilities - Regulated median (#37 of 432)

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


Power Grid Company of Bangladesh Business Description

Address Grid Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212
Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others. It also provides consultancy services in power systems and the execution of turnkey jobs for other organizations.
69GF Score

Get the complete analysis for DHA:POWERGRID

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

BDT39.60
Price
BDT47.66
GF Value