National Polymer Industries (DHA:NPOLYMER) Cyclically Adjusted PS Ratio: 0.52 (As of Aug. 04, 2026) — 17% Below Median

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DHA:NPOLYMER National Polymer Industries PLC DHA:NPOLYMER
68 GF Score
Price BDT37.00
GF Value BDT17.27
Valuation Significantly Overvalued
! 10 Warning Signs
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What is National Polymer Industries Cyclically Adjusted PS Ratio?

National Polymer Industries DHA:NPOLYMER +3.35% 68 Cyclically Adjusted PS Ratio is 0.52 as of Aug. 04, 2026, which is 17% below its 10-year median of 0.63. GuruFocus rates DHA:NPOLYMER with a GF Score™ of 68/100 and a GF Value™ of BDT17.27 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,359 Construction companies, National Polymer Industries ranks better than 60.71% on this metric.

As of today (2026-08-04), National Polymer Industries's current share price is BDT37.00. National Polymer Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT70.77. National Polymer Industries's Cyclically Adjusted PS Ratio for today is 0.52.

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

DHA:NPOLYMER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.63   Max: 1.38
Current: 0.5

During the past years, National Polymer Industries's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.34. And the median was 0.63.

DHA:NPOLYMER's Cyclically Adjusted PS Ratio is ranked better than
60.71% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs DHA:NPOLYMER: 0.50

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.

National Polymer Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT16.195. 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 BDT70.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Polymer Industries  (DHA:NPOLYMER) 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.


National Polymer Industries Cyclically Adjusted PS Ratio Related Terms


National Polymer Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for National Polymer 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.

National Polymer Industries Cyclically Adjusted PS Ratio Chart

National Polymer 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 1.06 0.90 0.60 0.39

National Polymer 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 0.45 0.39 0.46 0.38 0.38

DHA:NPOLYMER vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, National Polymer 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.


National Polymer Industries Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, National Polymer Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where National Polymer Industries's Cyclically Adjusted PS Ratio falls into.


DHA:NPOLYMER
68GF Score
National Polymer Industries PLC DHA:NPOLYMER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Polymer 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.

National Polymer Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.00/70.77
=0.52

* 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.

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

For example, National Polymer 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)
=16.195/330.2130*330.2130
=16.195

Current CPI (Mar. 2026) = 330.2130.

National Polymer Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.146 241.018 11.161
201609 5.151 241.428 7.045
201612 9.422 241.432 12.887
201703 9.536 243.801 12.916
201706 8.414 244.955 11.343
201709 9.094 246.819 12.167
201712 12.985 246.524 17.393
201803 8.879 249.554 11.749
201806 8.259 251.989 10.823
201809 10.940 252.439 14.311
201812 12.010 251.233 15.786
201903 13.417 254.202 17.429
201906 13.350 256.143 17.210
201909 14.792 256.759 19.024
201912 17.770 256.974 22.835
202003 14.140 258.115 18.090
202006 10.190 257.797 13.052
202009 13.891 260.280 17.623
202012 19.633 260.474 24.890
202103 21.428 264.877 26.714
202106 15.636 271.696 19.004
202109 15.526 274.310 18.690
202112 15.090 278.802 17.873
202203 19.572 287.504 22.479
202206 19.283 296.311 21.489
202209 18.934 296.808 21.065
202212 22.383 296.797 24.903
202303 21.637 301.836 23.671
202306 24.697 305.109 26.729
202309 21.852 307.789 23.444
202312 27.104 306.746 29.178
202403 24.484 312.332 25.886
202406 26.658 314.175 28.019
202409 19.034 315.301 19.934
202412 14.502 315.605 15.173
202503 16.749 319.799 17.294
202506 26.660 322.561 27.292
202509 -18.117 324.800 -18.419
202512 13.066 324.054 13.314
202603 16.195 330.213 16.195

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 0.52 mean?
National Polymer Industries (DHA:NPOLYMER) has a Cyclically Adjusted PS Ratio of 0.52 as of Aug. 04, 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 National Polymer Industries and its competitors. This is 17% below median its historical median of 0.63. Over the past decade, National Polymer Industries' Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.38. According to the industry distribution chart, National Polymer Industries ranks #534 out of 1359 companies in the Construction industry, placing it in the top 39.3%.
Is National Polymer Industries' Cyclically Adjusted PS Ratio too high?
National Polymer Industries' current Cyclically Adjusted PS Ratio of 0.52 is 17% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.38. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. National Polymer Industries' value of 0.52 is 25.7% below this industry median. Based on the distribution chart, National Polymer Industries ranks #534 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, National Polymer Industries has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Polymer Industries' Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, National Polymer Industries ranks #534 out of 1359 companies for Cyclically Adjusted PS Ratio. This puts National Polymer Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. National Polymer Industries' value of 0.52 is 25.7% below this benchmark. Historically, National Polymer Industries' own Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.38 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.70, National Polymer Industries 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,359 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. National Polymer Industries's current Cyclically Adjusted PS Ratio of 0.52 is 25.7% 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 National Polymer Industries and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Polymer Industries's current Cyclically Adjusted PS Ratio is 0.52, which is 17% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Polymer Industries stock overvalued right now?
Based on GuruFocus' analysis, National Polymer Industries (DHA:NPOLYMER) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT17.27, compared to a current price of BDT37.00 — trading 114.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.52, which is 17% below median its 10-year median of 0.63 and 25.7% below the Construction industry median of 0.70. National Polymer Industries' overall GF Score™ is 68/100 with 10 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 National Polymer Industries (DHA:NPOLYMER), the current Cyclically Adjusted PS Ratio is 0.52 as of Aug. 04, 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 National Polymer Industries (DHA:NPOLYMER) Overvalued in 2026?

Based on GuruFocus' analysis, National Polymer Industries stock appears to be overvalued. The current stock price of BDT37.00 is trading 114.2% above its estimated GF Value™ of BDT17.27. GuruFocus considers National Polymer Industries to be Significantly Overvalued.

Key valuation signals for DHA:NPOLYMER:

  • Cyclically Adjusted PS Ratio: 0.52 (17% below median its 10-year median of 0.63)
  • GF Value™: BDT17.27 vs. price of BDT37.00 (114.2% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 25.7% below the Construction median (#534 of 1359)

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


National Polymer Industries Business Description

Address GA-99/3, Pragati Shoroni, Npoly House, Middle Badda, Dhaka, BGD, 1212
National Polymer Industries PLC is engaged in manufacturing a wide range of plastic products for building, construction, sanitation and irrigation applications. It owns and operates PVC Pipes, PVC Water Tanks, PVC Doors and Bottle grade PVC Compound Manufacturing Plant, produces and markets the same in the local and foreign markets. The company generates revenue from the sale of its products.
68GF Score

Get the complete analysis for DHA:NPOLYMER

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

BDT37.00
Price
BDT17.27
GF Value