Salvo Organic Industries (DHA:SALVO) Cyclically Adjusted PB Ratio: 2.07 (As of Aug. 29, 2026) — 16% Below Median

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DHA:SALVO Salvo Organic Industries PLC DHA:SALVO
84 GF Score
Price BDT33.20
GF Value BDT39.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Salvo Organic Industries Cyclically Adjusted PB Ratio?

Salvo Organic Industries DHA:SALVO 84 Cyclically Adjusted PB Ratio is 2.07 as of Aug. 29, 2026, which is 16% below its 10-year median of 2.45. GuruFocus rates DHA:SALVO with a GF Score™ of 84/100 and a GF Value™ of BDT39.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,098 Chemicals companies, Salvo Organic Industries ranks worse than 58.83% on this metric.

As of today (2026-08-29), Salvo Organic Industries's current share price is BDT33.20. Salvo Organic Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was BDT16.06. Salvo Organic Industries's Cyclically Adjusted PB Ratio for today is 2.07.

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

DHA:SALVO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.45   Max: 4.76
Current: 2.16

During the past years, Salvo Organic Industries's highest Cyclically Adjusted PB Ratio was 4.76. The lowest was 1.21. And the median was 2.45.

DHA:SALVO's Cyclically Adjusted PB Ratio is ranked worse than
58.83% of 1098 companies
in the Chemicals industry
Industry Median: 1.655 vs DHA:SALVO: 2.16

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.

Salvo Organic Industries's adjusted book value per share data for the three months ended in Mar. 2026 was BDT16.718. 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 BDT16.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salvo Organic Industries  (DHA:SALVO) 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.


Salvo Organic Industries Cyclically Adjusted PB Ratio Related Terms


Salvo Organic Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Salvo Organic 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.

Salvo Organic Industries Cyclically Adjusted PB Ratio Chart

Salvo Organic Industries Annual Data
Trend Dec15 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 4.43 2.86 1.26

Salvo Organic Industries 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 1.58 1.26 2.19 1.93 2.12

DHA:SALVO vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Salvo Organic 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.


Salvo Organic Industries Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salvo Organic Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DHA:SALVO
84GF Score
Salvo Organic Industries PLC DHA:SALVO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salvo Organic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.20/16.06
=2.07

* 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.

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

For example, Salvo Organic Industries'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)
=16.718/330.2130*330.2130
=16.718

Current CPI (Mar. 2026) = 330.2130.

Salvo Organic Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.586 241.018 14.504
201609 10.803 241.428 14.776
201612 10.456 241.432 14.301
201703 10.618 243.801 14.381
201706 10.801 244.955 14.560
201709 11.014 246.819 14.735
201712 11.114 246.524 14.887
201803 11.369 249.554 15.044
201806 11.540 251.989 15.122
201809 11.654 252.439 15.244
201812 12.385 251.233 16.278
201903 11.942 254.202 15.513
201906 12.152 256.143 15.666
201909 12.295 256.759 15.812
201912 12.393 256.974 15.925
202003 12.433 258.115 15.906
202006 12.456 257.797 15.955
202009 12.660 260.280 16.062
202012 12.760 260.474 16.176
202103 12.780 264.877 15.932
202106 12.694 271.696 15.428
202109 13.240 274.310 15.938
202112 14.041 278.802 16.630
202203 14.985 287.504 17.211
202206 14.578 296.311 16.246
202209 15.163 296.808 16.870
202212 15.419 296.797 17.155
202303 14.791 301.836 16.182
202306 14.918 305.109 16.145
202309 15.656 307.789 16.797
202312 16.188 306.746 17.426
202403 16.591 312.332 17.541
202406 16.245 314.175 17.074
202409 16.392 315.301 17.167
202412 16.487 315.605 17.250
202503 16.337 319.799 16.869
202506 16.572 322.561 16.965
202509 16.698 324.800 16.976
202512 16.534 324.054 16.848
202603 16.718 330.213 16.718

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 2.07 mean?
Salvo Organic Industries (DHA:SALVO) has a Cyclically Adjusted PB Ratio of 2.07 as of Aug. 29, 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 Salvo Organic Industries and its competitors. This is 16% below median its historical median of 2.45. Over the past decade, Salvo Organic Industries' Cyclically Adjusted PB Ratio has ranged from 1.21 to 4.76. According to the industry distribution chart, Salvo Organic Industries ranks #646 out of 1098 companies in the Chemicals industry, placing it in the top 58.8%.
Is Salvo Organic Industries' Cyclically Adjusted PB Ratio too high?
Salvo Organic Industries' current Cyclically Adjusted PB Ratio of 2.07 is 16% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 4.76. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. Salvo Organic Industries' value of 2.07 is 25.1% above this industry median. Based on the distribution chart, Salvo Organic Industries ranks #646 out of 1098 companies in the Chemicals industry, which is below the industry midpoint. Overall, Salvo Organic Industries has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Salvo Organic Industries' Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Salvo Organic Industries ranks #646 out of 1098 companies for Cyclically Adjusted PB Ratio. This places Salvo Organic Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Salvo Organic Industries' value of 2.07 is 25.1% above this benchmark. Historically, Salvo Organic Industries' own Cyclically Adjusted PB Ratio has ranged from 1.21 to 4.76 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.66, Salvo Organic Industries 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,098 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. Salvo Organic Industries's current Cyclically Adjusted PB Ratio of 2.07 is 25.1% 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 Salvo Organic Industries and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salvo Organic Industries's current Cyclically Adjusted PB Ratio is 2.07, which is 16% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salvo Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Salvo Organic Industries (DHA:SALVO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT39.28, compared to a current price of BDT33.20 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.07, which is 16% below median its 10-year median of 2.45 and 25.1% above the Chemicals industry median of 1.66. Salvo Organic Industries' overall GF Score™ is 84/100 with 5 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 Salvo Organic Industries (DHA:SALVO), the current Cyclically Adjusted PB Ratio is 2.07 as of Aug. 29, 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 Salvo Organic Industries (DHA:SALVO) Overvalued in 2026?

Based on GuruFocus' analysis, Salvo Organic Industries stock appears to be undervalued. The current stock price of BDT33.20 is trading 15.5% below its estimated GF Value™ of BDT39.28. GuruFocus considers Salvo Organic Industries to be Modestly Undervalued.

Key valuation signals for DHA:SALVO:

  • Cyclically Adjusted PB Ratio: 2.07 (16% below median its 10-year median of 2.45)
  • GF Value™: BDT39.28 vs. price of BDT33.20 (15.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 25.1% above the Chemicals median (#646 of 1098)

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


Salvo Organic Industries Business Description

Address No. 210-211, Nawabpur Road, 3rd floor, Suite number 401, Dhaka, BGD, 1100
Salvo Organic Industries PLC, formerly known as Salvo Chemical Industry Ltd, mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.
84GF Score

Get the complete analysis for DHA:SALVO

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

BDT33.20
Price
BDT39.28
GF Value