Saiham Cotton Mills (DHA:SAIHAMCOT) Cyclically Adjusted PB Ratio: 0.59 (As of Aug. 17, 2026) — 23% Above Median

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DHA:SAIHAMCOT Saiham Cotton Mills Ltd DHA:SAIHAMCOT
87 GF Score
Price BDT22.80
GF Value BDT16.81
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Saiham Cotton Mills Cyclically Adjusted PB Ratio?

Saiham Cotton Mills DHA:SAIHAMCOT 87 Cyclically Adjusted PB Ratio is 0.59 as of Aug. 17, 2026, which is 23% above its 10-year median of 0.48. GuruFocus rates DHA:SAIHAMCOT with a GF Score™ of 87/100 and a GF Value™ of BDT16.81 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 814 Manufacturing - Apparel & Accessories companies, Saiham Cotton Mills ranks better than 67.94% on this metric.

As of today (2026-08-17), Saiham Cotton Mills's current share price is BDT22.80. Saiham Cotton Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT38.78. Saiham Cotton Mills's Cyclically Adjusted PB Ratio for today is 0.59.

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

DHA:SAIHAMCOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.48   Max: 0.59
Current: 0.59

During the past years, Saiham Cotton Mills's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.33. And the median was 0.48.

DHA:SAIHAMCOT's Cyclically Adjusted PB Ratio is ranked better than
67.94% of 814 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.985 vs DHA:SAIHAMCOT: 0.59

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.

Saiham Cotton Mills's adjusted book value per share data for the three months ended in Mar. 2026 was BDT38.408. 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 BDT38.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saiham Cotton Mills  (DHA:SAIHAMCOT) 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.


Saiham Cotton Mills Cyclically Adjusted PB Ratio Related Terms


Saiham Cotton Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saiham Cotton 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.

Saiham Cotton Mills Cyclically Adjusted PB Ratio Chart

Saiham Cotton Mills Annual Data
Trend Apr16 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 0.00 0.36

Saiham Cotton 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 0.40 0.36 0.48 0.51 0.49

Saiham Cotton Mills Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Saiham Cotton 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.


Saiham Cotton Mills Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


DHA:SAIHAMCOT
87GF Score
Saiham Cotton Mills Ltd DHA:SAIHAMCOT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Saiham Cotton 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.

Saiham Cotton Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=22.80/38.78
=0.59

* 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.

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

For example, Saiham Cotton 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)
=38.408/330.2130*330.2130
=38.408

Current CPI (Mar. 2026) = 330.2130.

Saiham Cotton Mills Quarterly Data

Book Value per Share CPI Adj_Book
201604 22.491 239.261 31.041
201609 22.925 241.428 31.356
201612 23.279 241.432 31.839
201703 22.588 243.801 30.594
201706 22.818 244.955 30.760
201709 23.099 246.819 30.904
201712 23.261 246.524 31.158
201803 22.245 249.554 29.435
201806 22.640 251.989 29.668
201809 22.964 252.439 30.039
201812 23.295 251.233 30.618
201903 22.586 254.202 29.340
201906 37.498 256.143 48.341
201909 37.780 256.759 48.588
201912 37.999 256.974 48.829
202003 37.142 258.115 47.517
202006 35.974 257.797 46.079
202009 36.173 260.280 45.892
202012 36.272 260.474 45.983
202103 36.654 264.877 45.695
202106 36.306 271.696 44.125
202109 36.724 274.310 44.208
202112 37.190 278.802 44.048
202203 36.787 287.504 42.252
202206 36.708 296.311 40.908
202209 37.058 296.808 41.229
202212 37.120 296.797 41.299
202303 35.745 301.836 39.106
202306 35.997 305.109 38.959
202309 36.120 307.789 38.752
202312 36.411 306.746 39.197
202403 36.779 312.332 38.885
202406 37.689 314.175 39.613
202409 37.982 315.301 39.778
202412 38.310 315.605 40.083
202503 38.122 319.799 39.363
202506 38.260 322.561 39.168
202509 38.561 324.800 39.204
202512 38.079 324.054 38.803
202603 38.408 330.213 38.408

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 0.59 mean?
Saiham Cotton Mills (DHA:SAIHAMCOT) has a Cyclically Adjusted PB Ratio of 0.59 as of Aug. 17, 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 Saiham Cotton Mills and its competitors. This is 23% above median its historical median of 0.48. Over the past decade, Saiham Cotton Mills' Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.59. According to the industry distribution chart, Saiham Cotton Mills ranks #261 out of 814 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.1%.
Is Saiham Cotton Mills' Cyclically Adjusted PB Ratio too high?
Saiham Cotton Mills' current Cyclically Adjusted PB Ratio of 0.59 is 23% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.59. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Saiham Cotton Mills' value of 0.59 is 40.1% below this industry median. Based on the distribution chart, Saiham Cotton Mills ranks #261 out of 814 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Saiham Cotton Mills has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saiham Cotton Mills' Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Saiham Cotton Mills ranks #261 out of 814 companies for Cyclically Adjusted PB Ratio. This puts Saiham Cotton Mills in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Saiham Cotton Mills' value of 0.59 is 40.1% below this benchmark. Historically, Saiham Cotton Mills' own Cyclically Adjusted PB Ratio has ranged from 0.33 to 0.59 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.99, Saiham Cotton 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 0.99, based on 814 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. Saiham Cotton Mills's current Cyclically Adjusted PB Ratio of 0.59 is 40.1% 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 Saiham Cotton Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saiham Cotton Mills's current Cyclically Adjusted PB Ratio is 0.59, which is 23% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saiham Cotton Mills stock overvalued right now?
Based on GuruFocus' analysis, Saiham Cotton Mills (DHA:SAIHAMCOT) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT16.81, compared to a current price of BDT22.80 — trading 35.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.59, which is 23% above median its 10-year median of 0.48 and 40.1% below the Manufacturing - Apparel & Accessories industry median of 0.99. Saiham Cotton Mills' overall GF Score™ is 87/100 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 Saiham Cotton Mills (DHA:SAIHAMCOT), the current Cyclically Adjusted PB Ratio is 0.59 as of Aug. 17, 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 Saiham Cotton Mills (DHA:SAIHAMCOT) Overvalued in 2026?

Based on GuruFocus' analysis, Saiham Cotton Mills stock appears to be overvalued. The current stock price of BDT22.80 is trading 35.6% above its estimated GF Value™ of BDT16.81. GuruFocus considers Saiham Cotton Mills to be Significantly Overvalued.

Key valuation signals for DHA:SAIHAMCOT:

  • Cyclically Adjusted PB Ratio: 0.59 (23% above median its 10-year median of 0.48)
  • GF Value™: BDT16.81 vs. price of BDT22.80 (35.6% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 40.1% below the Manufacturing - Apparel & Accessories median (#261 of 814)

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


Saiham Cotton Mills Business Description

Address House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd operates an industrial spinning plant with Bangladesh's modern cotton mills for export-oriented industries. The Company manufactures auto-coned electronically cleared cotton carded and combed grey yarn. Its products are Cotton Combed Yarn, Cotton Carded Yarn, Blended PC & CVC Yarn, Modal, and Others.
87GF Score

Get the complete analysis for DHA:SAIHAMCOT

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

BDT22.80
Price
BDT16.81
GF Value