Golden Harvest Agro Industries (DHA:GHAIL) Cyclically Adjusted PS Ratio: 1.74 (As of Jul. 27, 2026) — 20% Above Median

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DHA:GHAIL Golden Harvest Agro Industries Ltd DHA:GHAIL
76 GF Score
Price BDT15.10
GF Value BDT14.47
Valuation Fairly Valued
! 7 Warning Signs
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What is Golden Harvest Agro Industries Cyclically Adjusted PS Ratio?

Golden Harvest Agro Industries DHA:GHAIL -1.95% 76 Cyclically Adjusted PS Ratio is 1.74 as of Jul. 27, 2026, which is 20% above its 10-year median of 1.45. GuruFocus rates DHA:GHAIL with a GF Score™ of 76/100 and a GF Value™ of BDT14.47 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,450 Consumer Packaged Goods companies, Golden Harvest Agro Industries ranks worse than 75.38% on this metric.

As of today (2026-07-27), Golden Harvest Agro Industries's current share price is BDT15.10. Golden Harvest Agro Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT8.67. Golden Harvest Agro Industries's Cyclically Adjusted PS Ratio for today is 1.74.

The historical rank and industry rank for Golden Harvest Agro Industries's Cyclically Adjusted PS Ratio or its related term are showing as below:

DHA:GHAIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.45   Max: 2.26
Current: 1.78

During the past years, Golden Harvest Agro Industries's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 1.05. And the median was 1.45.

DHA:GHAIL's Cyclically Adjusted PS Ratio is ranked worse than
75.38% of 1450 companies
in the Consumer Packaged Goods industry
Industry Median: 0.75 vs DHA:GHAIL: 1.78

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.

Golden Harvest Agro Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT1.074. 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 BDT8.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Harvest Agro Industries  (DHA:GHAIL) 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.


Golden Harvest Agro Industries Cyclically Adjusted PS Ratio Related Terms


Golden Harvest Agro Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Golden Harvest Agro Industries'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.

Golden Harvest Agro Industries Cyclically Adjusted PS Ratio Chart

Golden Harvest Agro Industries 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 0.00 0.00 1.56 1.29

Golden Harvest Agro 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 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 1.61 1.29 1.42 1.22 1.36

DHA:GHAIL vs KHC, GIS, HRL: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Golden Harvest Agro Industries'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.


Golden Harvest Agro Industries Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Harvest Agro Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Golden Harvest Agro Industries's Cyclically Adjusted PS Ratio falls into.


DHA:GHAIL
76GF Score
Golden Harvest Agro Industries Ltd DHA:GHAIL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Harvest Agro Industries 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.

Golden Harvest Agro Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.10/8.67
=1.74

* 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.

Golden Harvest Agro Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Golden Harvest Agro Industries'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)
=1.074/330.2130*330.2130
=1.074

Current CPI (Mar. 2026) = 330.2130.

Golden Harvest Agro Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.459 241.018 4.739
201609 2.641 241.428 3.612
201612 2.037 241.432 2.786
201703 2.154 243.801 2.917
201706 2.522 244.955 3.400
201709 2.829 246.819 3.785
201712 2.070 246.524 2.773
201803 2.438 249.554 3.226
201806 8.028 251.989 10.520
201809 3.566 252.439 4.665
201812 3.840 251.233 5.047
201903 2.475 254.202 3.215
201906 3.913 256.143 5.045
201909 1.243 256.759 1.599
201912 1.895 256.974 2.435
202003 1.072 258.115 1.371
202006 0.669 257.797 0.857
202009 0.545 260.280 0.691
202012 0.580 260.474 0.735
202103 0.622 264.877 0.775
202106 0.816 271.696 0.992
202109 0.751 274.310 0.904
202112 1.070 278.802 1.267
202203 1.030 287.504 1.183
202206 1.066 296.311 1.188
202209 1.138 296.808 1.266
202212 1.089 296.797 1.212
202303 1.089 301.836 1.191
202306 1.169 305.109 1.265
202309 1.318 307.789 1.414
202312 1.166 306.746 1.255
202403 0.799 312.332 0.845
202406 0.933 314.175 0.981
202409 0.954 315.301 0.999
202412 1.115 315.605 1.167
202503 0.860 319.799 0.888
202506 1.045 322.561 1.070
202509 1.164 324.800 1.183
202512 1.163 324.054 1.185
202603 1.074 330.213 1.074

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 1.74 mean?
Golden Harvest Agro Industries (DHA:GHAIL) has a Cyclically Adjusted PS Ratio of 1.74 as of Jul. 27, 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 Golden Harvest Agro Industries and its competitors. This is 20% above median its historical median of 1.45. Over the past decade, Golden Harvest Agro Industries' Cyclically Adjusted PS Ratio has ranged from 1.05 to 2.26. According to the industry distribution chart, Golden Harvest Agro Industries ranks #1093 out of 1450 companies in the Consumer Packaged Goods industry, placing it in the top 75.4%.
Is Golden Harvest Agro Industries' Cyclically Adjusted PS Ratio too high?
Golden Harvest Agro Industries' current Cyclically Adjusted PS Ratio of 1.74 is 20% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.26. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. Golden Harvest Agro Industries' value of 1.74 is 132% above this industry median. Based on the distribution chart, Golden Harvest Agro Industries ranks #1093 out of 1450 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Golden Harvest Agro Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golden Harvest Agro Industries' Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Golden Harvest Agro Industries ranks #1093 out of 1450 companies for Cyclically Adjusted PS Ratio. This places Golden Harvest Agro Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Golden Harvest Agro Industries' value of 1.74 is 132% above this benchmark. Historically, Golden Harvest Agro Industries' own Cyclically Adjusted PS Ratio has ranged from 1.05 to 2.26 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 0.75, Golden Harvest Agro 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 PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.75, based on 1,450 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. Golden Harvest Agro Industries's current Cyclically Adjusted PS Ratio of 1.74 is 132% 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 Golden Harvest Agro Industries and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Harvest Agro Industries's current Cyclically Adjusted PS Ratio is 1.74, which is 20% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Harvest Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Golden Harvest Agro Industries (DHA:GHAIL) is currently considered Fairly Valued. The stock's GF Value™ is BDT14.47, compared to a current price of BDT15.10 — trading 4.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.74, which is 20% above median its 10-year median of 1.45 and 132% above the Consumer Packaged Goods industry median of 0.75. Golden Harvest Agro Industries' overall GF Score™ is 76/100 with 7 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 Golden Harvest Agro Industries (DHA:GHAIL), the current Cyclically Adjusted PS Ratio is 1.74 as of Jul. 27, 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 Golden Harvest Agro Industries (DHA:GHAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Harvest Agro Industries stock appears to be overvalued. The current stock price of BDT15.10 is trading 4.4% above its estimated GF Value™ of BDT14.47. GuruFocus considers Golden Harvest Agro Industries to be Fairly Valued.

Key valuation signals for DHA:GHAIL:

  • Cyclically Adjusted PS Ratio: 1.74 (20% above median its 10-year median of 1.45)
  • GF Value™: BDT14.47 vs. price of BDT15.10 (4.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 132% above the Consumer Packaged Goods median (#1093 of 1450)

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


Golden Harvest Agro Industries Business Description

Address 186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan Industrial Area, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling a frozen food processing plant. The company offers frozen food products, including vegetables, ready-to-eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing, and selling its products. The company operates in two segments: frozen snacks and dairy, with the majority of its revenue derived from the frozen snacks segment.
76GF Score

Get the complete analysis for DHA:GHAIL

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

BDT15.10
Price
BDT14.47
GF Value