BDCOM Online (DHA:BDCOM) Cyclically Adjusted PS Ratio: 2.70 (As of Jul. 30, 2026) — Near 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.
Reviewed by: Charlie Tian Charlie Tian
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:BDCOM BDCOM Online Ltd DHA:BDCOM
85 GF Score
Price BDT32.70
GF Value BDT25.52
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is BDCOM Online Cyclically Adjusted PS Ratio?

BDCOM Online DHA:BDCOM -0.30% 85 Cyclically Adjusted PS Ratio is 2.70 as of Jul. 30, 2026, which is 3% above its 10-year median of 2.61. GuruFocus rates DHA:BDCOM with a GF Score™ of 85/100 and a GF Value™ of BDT25.52 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 301 Telecommunication Services companies, BDCOM Online ranks worse than 77.08% on this metric.

As of today (2026-07-30), BDCOM Online's current share price is BDT32.70. BDCOM Online's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT12.09. BDCOM Online's Cyclically Adjusted PS Ratio for today is 2.70.

The historical rank and industry rank for BDCOM Online's Cyclically Adjusted PS Ratio or its related term are showing as below:

DHA:BDCOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.72   Med: 2.61   Max: 6.58
Current: 2.72

During the past years, BDCOM Online's highest Cyclically Adjusted PS Ratio was 6.58. The lowest was 1.72. And the median was 2.61.

DHA:BDCOM's Cyclically Adjusted PS Ratio is ranked worse than
77.08% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.2 vs DHA:BDCOM: 2.72

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

BDCOM Online's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT3.457. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is BDT12.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BDCOM Online  (DHA:BDCOM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


BDCOM Online Cyclically Adjusted PS Ratio Related Terms


BDCOM Online Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BDCOM Online's Cyclically Adjusted PS 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.

BDCOM Online Cyclically Adjusted PS Ratio Chart

BDCOM Online Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.10 3.40 2.08 1.85

BDCOM Online Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 2.03 1.85 2.15 2.07 2.23

DHA:BDCOM vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, BDCOM Online's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


BDCOM Online Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BDCOM Online's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where BDCOM Online's Cyclically Adjusted PS Ratio falls into.


DHA:BDCOM
85GF Score
BDCOM Online Ltd DHA:BDCOM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BDCOM Online Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

BDCOM Online's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.70/12.09
=2.70

* 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.

BDCOM Online's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, BDCOM Online's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.457/330.2130*330.2130
=3.457

Current CPI (Mar. 2026) = 330.2130.

BDCOM Online Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.802 241.018 2.469
201609 1.873 241.428 2.562
201612 2.120 241.432 2.900
201703 1.959 243.801 2.653
201706 2.132 244.955 2.874
201709 1.851 246.819 2.476
201712 2.186 246.524 2.928
201803 2.090 249.554 2.766
201806 2.105 251.989 2.758
201809 2.113 252.439 2.764
201812 2.546 251.233 3.346
201903 2.379 254.202 3.090
201906 1.995 256.143 2.572
201909 2.488 256.759 3.200
201912 2.537 256.974 3.260
202003 2.517 258.115 3.220
202006 2.206 257.797 2.826
202009 2.408 260.280 3.055
202012 2.624 260.474 3.327
202103 2.610 264.877 3.254
202106 2.239 271.696 2.721
202109 2.717 274.310 3.271
202112 2.980 278.802 3.530
202203 2.589 287.504 2.974
202206 2.693 296.311 3.001
202209 2.657 296.808 2.956
202212 2.806 296.797 3.122
202303 2.710 301.836 2.965
202306 2.680 305.109 2.901
202309 2.769 307.789 2.971
202312 2.891 306.746 3.112
202403 3.282 312.332 3.470
202406 3.102 314.175 3.260
202409 3.113 315.301 3.260
202412 3.125 315.605 3.270
202503 3.297 319.799 3.404
202506 2.670 322.561 2.733
202509 3.188 324.800 3.241
202512 2.973 324.054 3.030
202603 3.457 330.213 3.457

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 2.70 mean?
BDCOM Online (DHA:BDCOM) has a Cyclically Adjusted PS Ratio of 2.70 as of Jul. 30, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on BDCOM Online and its competitors. This is near median its historical median of 2.61. Over the past decade, BDCOM Online's Cyclically Adjusted PS Ratio has ranged from 1.72 to 6.58. According to the industry distribution chart, BDCOM Online ranks #232 out of 301 companies in the Telecommunication Services industry, placing it in the top 77.1%.
Is BDCOM Online's Cyclically Adjusted PS Ratio too high?
BDCOM Online's current Cyclically Adjusted PS Ratio of 2.70 is near median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 6.58. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.20. BDCOM Online's value of 2.70 is 125% above this industry median. Based on the distribution chart, BDCOM Online ranks #232 out of 301 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, BDCOM Online has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BDCOM Online's Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, BDCOM Online ranks #232 out of 301 companies for Cyclically Adjusted PS Ratio. This places BDCOM Online in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.20. BDCOM Online's value of 2.70 is 125% above this benchmark. Historically, BDCOM Online's own Cyclically Adjusted PS Ratio has ranged from 1.72 to 6.58 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.20, BDCOM Online 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 PS Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.20, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BDCOM Online's current Cyclically Adjusted PS Ratio of 2.70 is 125% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on BDCOM Online and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BDCOM Online's current Cyclically Adjusted PS Ratio is 2.70, which is near median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BDCOM Online stock overvalued right now?
Based on GuruFocus' analysis, BDCOM Online (DHA:BDCOM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT25.52, compared to a current price of BDT32.70 — trading 28.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.70, which is near median its 10-year median of 2.61 and 125% above the Telecommunication Services industry median of 1.20. BDCOM Online's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For BDCOM Online (DHA:BDCOM), the current Cyclically Adjusted PS Ratio is 2.70 as of Jul. 30, 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 BDCOM Online (DHA:BDCOM) Overvalued in 2026?

Based on GuruFocus' analysis, BDCOM Online stock appears to be overvalued. The current stock price of BDT32.70 is trading 28.1% above its estimated GF Value™ of BDT25.52. GuruFocus considers BDCOM Online to be Modestly Overvalued.

Key valuation signals for DHA:BDCOM:

  • Cyclically Adjusted PS Ratio: 2.70 (near median its 10-year median of 2.61)
  • GF Value™: BDT25.52 vs. price of BDT32.70 (28.1% above fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 125% above the Telecommunication Services median (#232 of 301)

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


BDCOM Online Business Description

Address Road No 1, Gulshan Avenue, House No 1, 5th floor, JL Bhaban, Gulshan-1, Dhaka, BGD, 1212
BDCOM Online Ltd operates as an internet service provider (ISP) in Bangladesh. The company's operating segments include Unit-1 for internet, data connectivity, hardware, and other IT-enabled services; Unit-2 for software development, graphic design, VTS support and service, web development, domain registration, and domain hosting; and Unit-3 for IP telephony services and goods. It generates maximum revenue from the Unit -1 segment which includes Internet/Data Connectivity Services. The company offers its services to NBFI, corporate, telecom, and home users.
85GF Score

Get the complete analysis for DHA:BDCOM

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

BDT32.70
Price
BDT25.52
GF Value