Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Cyclically Adjusted PS Ratio: 0.30 (As of Aug. 11, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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DHA:BSRMLTD Bangladesh Steel Re-Rolling Mills Ltd DHA:BSRMLTD
90 GF Score
Price BDT98.70
GF Value BDT95.20
Valuation Fairly Valued
! 8 Warning Signs
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What is Bangladesh Steel Re-Rolling Mills Cyclically Adjusted PS Ratio?

Bangladesh Steel Re-Rolling Mills DHA:BSRMLTD +1.33% 90 Cyclically Adjusted PS Ratio is 0.30 as of Aug. 11, 2026, which is 7% above its 10-year median of 0.28. GuruFocus rates DHA:BSRMLTD with a GF Score™ of 90/100 and a GF Value™ of BDT95.20 (Fairly Valued). The stock has 8 warning signs investors should review. Among 517 Steel companies, Bangladesh Steel Re-Rolling Mills ranks better than 62.48% on this metric.

As of today (2026-08-11), Bangladesh Steel Re-Rolling Mills's current share price is BDT98.70. Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT329.78. Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PS Ratio for today is 0.30.

The historical rank and industry rank for Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PS Ratio or its related term are showing as below:

DHA:BSRMLTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.28   Max: 0.35
Current: 0.31

During the past years, Bangladesh Steel Re-Rolling Mills's highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.24. And the median was 0.28.

DHA:BSRMLTD's Cyclically Adjusted PS Ratio is ranked better than
62.48% of 517 companies
in the Steel industry
Industry Median: 0.46 vs DHA:BSRMLTD: 0.31

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.

Bangladesh Steel Re-Rolling Mills's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT111.507. 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 BDT329.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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.


Bangladesh Steel Re-Rolling Mills Cyclically Adjusted PS Ratio Related Terms


Bangladesh Steel Re-Rolling Mills Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bangladesh Steel Re-Rolling Mills'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.

Bangladesh Steel Re-Rolling Mills Cyclically Adjusted PS Ratio Chart

Bangladesh Steel Re-Rolling Mills Annual Data
Trend Dec15 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 0.00 0.00 0.34 0.25

Bangladesh Steel Re-Rolling 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 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 0.26 0.25 0.28 0.24 0.25

DHA:BSRMLTD vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Bangladesh Steel Re-Rolling Mills'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.


Bangladesh Steel Re-Rolling Mills Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PS Ratio falls into.


DHA:BSRMLTD
90GF Score
Bangladesh Steel Re-Rolling Mills Ltd DHA:BSRMLTD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangladesh Steel Re-Rolling Mills 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.

Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.70/329.78
=0.30

* 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.

Bangladesh Steel Re-Rolling Mills's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bangladesh Steel Re-Rolling Mills'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)
=111.507/330.2130*330.2130
=111.507

Current CPI (Mar. 2026) = 330.2130.

Bangladesh Steel Re-Rolling Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.834 241.018 24.434
201609 10.226 241.428 13.987
201612 25.958 241.432 35.503
201703 32.693 243.801 44.281
201706 109.053 244.955 147.010
201709 56.542 246.819 75.646
201712 73.694 246.524 98.711
201803 115.446 249.554 152.760
201806 45.106 251.989 59.108
201809 84.965 252.439 111.142
201812 78.739 251.233 103.492
201903 104.934 254.202 136.311
201906 82.038 256.143 105.761
201909 53.917 256.759 69.342
201912 41.184 256.974 52.922
202003 75.782 258.115 96.950
202006 32.099 257.797 41.116
202009 40.850 260.280 51.826
202012 58.348 260.474 73.970
202103 74.879 264.877 93.349
202106 57.471 271.696 69.849
202109 51.524 274.310 62.024
202112 64.356 278.802 76.223
202203 79.380 287.504 91.172
202206 72.508 296.311 80.804
202209 69.547 296.808 77.374
202212 76.855 296.797 85.508
202303 131.493 301.836 143.855
202306 107.668 305.109 116.527
202309 68.113 307.789 73.075
202312 65.724 306.746 70.752
202403 77.746 312.332 82.197
202406 68.191 314.175 71.672
202409 63.811 315.301 66.829
202412 70.908 315.605 74.190
202503 97.760 319.799 100.943
202506 91.305 322.561 93.471
202509 78.538 324.800 79.847
202512 80.869 324.054 82.406
202603 111.507 330.213 111.507

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 0.30 mean?
Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) has a Cyclically Adjusted PS Ratio of 0.30 as of Aug. 11, 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 Bangladesh Steel Re-Rolling Mills and its competitors. This is near median its historical median of 0.28. Over the past decade, Bangladesh Steel Re-Rolling Mills' Cyclically Adjusted PS Ratio has ranged from 0.24 to 0.35. According to the industry distribution chart, Bangladesh Steel Re-Rolling Mills ranks #194 out of 517 companies in the Steel industry, placing it in the top 37.5%.
Is Bangladesh Steel Re-Rolling Mills' Cyclically Adjusted PS Ratio too high?
Bangladesh Steel Re-Rolling Mills' current Cyclically Adjusted PS Ratio of 0.30 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.35. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Bangladesh Steel Re-Rolling Mills' value of 0.30 is 34.8% below this industry median. Based on the distribution chart, Bangladesh Steel Re-Rolling Mills ranks #194 out of 517 companies in the Steel industry, which is above the industry midpoint. Overall, Bangladesh Steel Re-Rolling Mills has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Steel Re-Rolling Mills' Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Bangladesh Steel Re-Rolling Mills ranks #194 out of 517 companies for Cyclically Adjusted PS Ratio. This puts Bangladesh Steel Re-Rolling Mills in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. Bangladesh Steel Re-Rolling Mills' value of 0.30 is 34.8% below this benchmark. Historically, Bangladesh Steel Re-Rolling Mills' own Cyclically Adjusted PS Ratio has ranged from 0.24 to 0.35 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.46, Bangladesh Steel Re-Rolling 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 PS Ratio for a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 517 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. Bangladesh Steel Re-Rolling Mills's current Cyclically Adjusted PS Ratio of 0.30 is 34.8% 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 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 Bangladesh Steel Re-Rolling Mills and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Steel Re-Rolling Mills's current Cyclically Adjusted PS Ratio is 0.30, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Steel Re-Rolling Mills stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) is currently considered Fairly Valued. The stock's GF Value™ is BDT95.20, compared to a current price of BDT98.70 — trading 3.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.30, which is near median its 10-year median of 0.28 and 34.8% below the Steel industry median of 0.46. Bangladesh Steel Re-Rolling Mills' overall GF Score™ is 90/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD), the current Cyclically Adjusted PS Ratio is 0.30 as of Aug. 11, 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 Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Steel Re-Rolling Mills stock appears to be overvalued. The current stock price of BDT98.70 is trading 3.7% above its estimated GF Value™ of BDT95.20. GuruFocus considers Bangladesh Steel Re-Rolling Mills to be Fairly Valued.

Key valuation signals for DHA:BSRMLTD:

  • Cyclically Adjusted PS Ratio: 0.30 (near median its 10-year median of 0.28)
  • GF Value™: BDT95.20 vs. price of BDT98.70 (3.7% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 34.8% below the Steel median (#194 of 517)

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


Bangladesh Steel Re-Rolling Mills Business Description

Address 1207/1099 Sadarghat Road, Ali Mansion, Chattogram, BGD, 4000
Bangladesh Steel Re-Rolling Mills Ltd is a Bangladesh-based steel manufacturing company. The company also deals in the sale of M.S. products like angle, channel, I Beam, H Beam, MS plate, and others. Its steel products are used inside Buildings, Bridges, and National Infrastructures. The company's products consist of XTREME 500W, XTREME 500W-STIRRUP, XTREME 500W-BEND CUT, MS SQUARE BAR, M.S ANGEL-MANUFACTURED, RIBBED WIRE ROD. The company generates the majority of its revenue from XTREME 500W sales.
90GF Score

Get the complete analysis for DHA:BSRMLTD

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

BDT98.70
Price
BDT95.20
GF Value