Global Heavy Chemicals (DHA:GHCL) Cyclically Adjusted PS Ratio: 2.77 (As of Jul. 24, 2026) — Near Median

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DHA:GHCL Global Heavy Chemicals Ltd DHA:GHCL
59 GF Score
Price BDT23.10
GF Value BDT5.03
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Global Heavy Chemicals Cyclically Adjusted PS Ratio?

Global Heavy Chemicals DHA:GHCL +0.87% 59 Cyclically Adjusted PS Ratio is 2.77 as of Jul. 24, 2026, which is 5% above its 10-year median of 2.63. GuruFocus rates DHA:GHCL with a GF Score™ of 59/100 and a GF Value™ of BDT5.03 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,277 Chemicals companies, Global Heavy Chemicals ranks worse than 73.84% on this metric.

As of today (2026-07-24), Global Heavy Chemicals's current share price is BDT23.10. Global Heavy Chemicals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT8.35. Global Heavy Chemicals's Cyclically Adjusted PS Ratio for today is 2.77.

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

DHA:GHCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.63   Max: 5.07
Current: 2.74

During the past years, Global Heavy Chemicals's highest Cyclically Adjusted PS Ratio was 5.07. The lowest was 1.84. And the median was 2.63.

DHA:GHCL's Cyclically Adjusted PS Ratio is ranked worse than
73.84% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs DHA:GHCL: 2.74

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.

Global Heavy Chemicals's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT0.196. 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 BDT8.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Heavy Chemicals  (DHA:GHCL) 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.


Global Heavy Chemicals Cyclically Adjusted PS Ratio Related Terms


Global Heavy Chemicals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Global Heavy Chemicals'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.

Global Heavy Chemicals Cyclically Adjusted PS Ratio Chart

Global Heavy Chemicals 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 3.69 3.92 2.17

Global Heavy Chemicals 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 2.48 2.17 2.63 2.39 2.31

DHA:GHCL vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Global Heavy Chemicals'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.


Global Heavy Chemicals Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global Heavy Chemicals's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Global Heavy Chemicals's Cyclically Adjusted PS Ratio falls into.


DHA:GHCL
59GF Score
Global Heavy Chemicals Ltd DHA:GHCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Heavy Chemicals 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.

Global Heavy Chemicals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.10/8.35
=2.77

* 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.

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

For example, Global Heavy Chemicals'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)
=0.196/330.2130*330.2130
=0.196

Current CPI (Mar. 2026) = 330.2130.

Global Heavy Chemicals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 1.629 241.428 2.228
201612 1.915 241.432 2.619
201703 1.968 243.801 2.666
201706 1.939 244.955 2.614
201709 1.923 246.819 2.573
201712 2.096 246.524 2.808
201803 1.993 249.554 2.637
201806 1.763 251.989 2.310
201809 1.921 252.439 2.513
201812 1.717 251.233 2.257
201903 2.103 254.202 2.732
201906 1.871 256.143 2.412
201909 1.977 256.759 2.543
201912 2.132 256.974 2.740
202003 2.319 258.115 2.967
202006 1.267 257.797 1.623
202009 2.163 260.280 2.744
202012 2.357 260.474 2.988
202103 2.056 264.877 2.563
202106 1.516 271.696 1.843
202109 1.476 274.310 1.777
202112 1.555 278.802 1.842
202203 1.556 287.504 1.787
202206 1.909 296.311 2.127
202209 1.569 296.808 1.746
202212 1.555 296.797 1.730
202303 1.478 301.836 1.617
202306 1.785 305.109 1.932
202309 1.873 307.789 2.009
202312 2.097 306.746 2.257
202403 2.948 312.332 3.117
202406 3.448 314.175 3.624
202409 2.379 315.301 2.492
202412 0.856 315.605 0.896
202503 0.830 319.799 0.857
202506 0.317 322.561 0.325
202509 0.304 324.800 0.309
202512 0.344 324.054 0.351
202603 0.196 330.213 0.196

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 2.77 mean?
Global Heavy Chemicals (DHA:GHCL) has a Cyclically Adjusted PS Ratio of 2.77 as of Jul. 24, 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 Global Heavy Chemicals and its competitors. This is near median its historical median of 2.63. Over the past decade, Global Heavy Chemicals' Cyclically Adjusted PS Ratio has ranged from 1.84 to 5.07. According to the industry distribution chart, Global Heavy Chemicals ranks #943 out of 1277 companies in the Chemicals industry, placing it in the top 73.8%.
Is Global Heavy Chemicals' Cyclically Adjusted PS Ratio too high?
Global Heavy Chemicals' current Cyclically Adjusted PS Ratio of 2.77 is near median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 5.07. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Global Heavy Chemicals' value of 2.77 is 114.7% above this industry median. Based on the distribution chart, Global Heavy Chemicals ranks #943 out of 1277 companies in the Chemicals industry, which is below the industry midpoint. Overall, Global Heavy Chemicals has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Heavy Chemicals' Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Global Heavy Chemicals ranks #943 out of 1277 companies for Cyclically Adjusted PS Ratio. This places Global Heavy Chemicals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Global Heavy Chemicals' value of 2.77 is 114.7% above this benchmark. Historically, Global Heavy Chemicals' own Cyclically Adjusted PS Ratio has ranged from 1.84 to 5.07 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 1.29, Global Heavy Chemicals 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,277 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. Global Heavy Chemicals's current Cyclically Adjusted PS Ratio of 2.77 is 114.7% 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 Global Heavy Chemicals and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Heavy Chemicals's current Cyclically Adjusted PS Ratio is 2.77, which is near median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Heavy Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Global Heavy Chemicals (DHA:GHCL) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT5.03, compared to a current price of BDT23.10 — trading 359.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.77, which is near median its 10-year median of 2.63 and 114.7% above the Chemicals industry median of 1.29. Global Heavy Chemicals' overall GF Score™ is 59/100 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 Global Heavy Chemicals (DHA:GHCL), the current Cyclically Adjusted PS Ratio is 2.77 as of Jul. 24, 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 Global Heavy Chemicals (DHA:GHCL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Heavy Chemicals stock appears to be overvalued. The current stock price of BDT23.10 is trading 359.2% above its estimated GF Value™ of BDT5.03. GuruFocus considers Global Heavy Chemicals to be Significantly Overvalued.

Key valuation signals for DHA:GHCL:

  • Cyclically Adjusted PS Ratio: 2.77 (near median its 10-year median of 2.63)
  • GF Value™: BDT5.03 vs. price of BDT23.10 (359.2% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 114.7% above the Chemicals median (#943 of 1277)

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


Global Heavy Chemicals Business Description

Address 37, Segun Bagicha, Dhaka, BGD, 1000
Global Heavy Chemicals Ltd is Bangladesh-Based a chemical manufacturing company. The principal business activity of the company is to manufacture and distribute Sodium hydroxide, Chlorine and other chemical products. Its product portfolio includes certain brands for retail purposes such as Clotech Liquid Bleach, Tuffclean Tiles Cleaner and others.
59GF Score

Get the complete analysis for DHA:GHCL

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

BDT23.10
Price
BDT5.03
GF Value