Marico Bangladesh (DHA:MARICO) Cyclically Adjusted PS Ratio: 6.05 (As of Jul. 19, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:MARICO Marico Bangladesh Ltd DHA:MARICO
96 GF Score
Price BDT2,749.90
GF Value BDT3,285.56
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Marico Bangladesh Cyclically Adjusted PS Ratio?

Marico Bangladesh DHA:MARICO +0.16% 96 Cyclically Adjusted PS Ratio is 6.05 as of Jul. 19, 2026, which is 0% above its 10-year median of 6.04. GuruFocus rates DHA:MARICO with a GF Score™ of 96/100 and a GF Value™ of BDT3,285.56 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Marico Bangladesh ranks worse than 94.13% on this metric.

As of today (2026-07-19), Marico Bangladesh's current share price is BDT2749.90. Marico Bangladesh's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT454.24. Marico Bangladesh's Cyclically Adjusted PS Ratio for today is 6.05.

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

DHA:MARICO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.23   Med: 6.04   Max: 7.05
Current: 6.04

During the past years, Marico Bangladesh's highest Cyclically Adjusted PS Ratio was 7.05. The lowest was 5.23. And the median was 6.04.

DHA:MARICO's Cyclically Adjusted PS Ratio is ranked worse than
94.13% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs DHA:MARICO: 6.04

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.

Marico Bangladesh's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT166.985. 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 BDT454.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marico Bangladesh  (DHA:MARICO) 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.


Marico Bangladesh Cyclically Adjusted PS Ratio Related Terms


Marico Bangladesh Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh'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.

Marico Bangladesh Cyclically Adjusted PS Ratio Chart

Marico Bangladesh Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.39 5.90 6.01

Marico Bangladesh 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 5.90 5.83 6.66 6.14 6.01

DHA:MARICO vs PG, CL, KVUE: Cyclically Adjusted PS Ratio Comparison

For the Household & Personal Products subindustry, Marico Bangladesh'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.


Marico Bangladesh Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DHA:MARICO
96GF Score
Marico Bangladesh Ltd DHA:MARICO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marico Bangladesh 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.

Marico Bangladesh's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2749.90/454.24
=6.05

* 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.

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

For example, Marico Bangladesh'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)
=166.985/330.2130*330.2130
=166.985

Current CPI (Mar. 2026) = 330.2130.

Marico Bangladesh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 64.160 241.018 87.904
201609 56.453 241.428 77.214
201612 51.481 241.432 70.412
201703 47.432 243.801 64.244
201706 71.817 244.955 96.813
201709 62.658 246.819 83.829
201712 57.866 246.524 77.510
201803 55.721 249.554 73.731
201806 78.414 251.989 102.756
201809 68.945 252.439 90.186
201812 68.088 251.233 89.493
201903 62.907 254.202 81.717
201906 87.178 256.143 112.388
201909 79.105 256.759 101.735
201912 77.851 256.974 100.039
202003 66.848 258.115 85.520
202006 95.611 257.797 122.468
202009 92.313 260.280 117.116
202012 90.476 260.474 114.700
202103 80.537 264.877 100.403
202106 106.159 271.696 129.023
202109 108.209 274.310 130.261
202112 106.106 278.802 125.672
202203 93.246 287.504 107.098
202206 115.762 296.311 129.007
202209 117.443 296.808 130.661
202212 113.571 296.797 126.358
202303 101.977 301.836 111.564
202306 125.782 305.109 136.131
202309 119.226 307.789 127.912
202312 107.224 306.746 115.427
202403 108.856 312.332 115.088
202406 138.398 314.175 145.463
202409 128.512 315.301 134.590
202412 128.328 315.605 134.268
202503 122.518 319.799 126.508
202506 162.233 322.561 166.082
202509 158.960 324.800 161.609
202512 169.335 324.054 172.553
202603 166.985 330.213 166.985

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 6.05 mean?
Marico Bangladesh (DHA:MARICO) has a Cyclically Adjusted PS Ratio of 6.05 as of Jul. 19, 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 Marico Bangladesh and its competitors. This is near median its historical median of 6.04. Over the past decade, Marico Bangladesh's Cyclically Adjusted PS Ratio has ranged from 5.23 to 7.05. According to the industry distribution chart, Marico Bangladesh ranks #1363 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 94.1%.
Is Marico Bangladesh's Cyclically Adjusted PS Ratio too high?
Marico Bangladesh's current Cyclically Adjusted PS Ratio of 6.05 is near median its 10-year median of 6.04. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 7.05. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Marico Bangladesh's value of 6.05 is 685.7% above this industry median. Based on the distribution chart, Marico Bangladesh ranks #1363 out of 1448 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Marico Bangladesh has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marico Bangladesh's Cyclically Adjusted PS Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Marico Bangladesh ranks #1363 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Marico Bangladesh in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Marico Bangladesh's value of 6.05 is 685.7% above this benchmark. Historically, Marico Bangladesh's own Cyclically Adjusted PS Ratio has ranged from 5.23 to 7.05 over the past decade. While the company's 10-year median is 6.04 vs. the industry median of 0.77, Marico Bangladesh 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 0.77, based on 1,448 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. Marico Bangladesh's current Cyclically Adjusted PS Ratio of 6.05 is 685.7% 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 Marico Bangladesh and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marico Bangladesh's current Cyclically Adjusted PS Ratio is 6.05, which is near median its own 10-year median of 6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marico Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Marico Bangladesh (DHA:MARICO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT3,285.56, compared to a current price of BDT2,749.90 — trading 16.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.05, which is near median its 10-year median of 6.04 and 685.7% above the Consumer Packaged Goods industry median of 0.77. Marico Bangladesh's overall GF Score™ is 96/100 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 Marico Bangladesh (DHA:MARICO), the current Cyclically Adjusted PS Ratio is 6.05 as of Jul. 19, 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 Marico Bangladesh (DHA:MARICO) Overvalued in 2026?

Based on GuruFocus' analysis, Marico Bangladesh stock appears to be undervalued. The current stock price of BDT2,749.90 is trading 16.3% below its estimated GF Value™ of BDT3,285.56. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • Cyclically Adjusted PS Ratio: 6.05 (near median its 10-year median of 6.04)
  • GF Value™: BDT3,285.56 vs. price of BDT2,749.90 (16.3% below fair value)
  • GF Score™: 96/100 with 7 warning signs
  • Industry Position: 685.7% above the Consumer Packaged Goods median (#1363 of 1448)

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


Marico Bangladesh Business Description

Address Gulshan Avenue, The Glass House, Level-06, Plot. 02, Block. SE (B), Dhaka, BGD, 1212
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio include brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.
96GF Score

Get the complete analysis for DHA:MARICO

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

BDT2,749.90
Price
BDT3,285.56
GF Value