Shahjibazar Power Co (DHA:SPCL) Cyclically Adjusted PS Ratio: 1.00 (As of Jul. 10, 2026) — 16% Above Median


DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
92 GF Score
Price BDT58.60
GF Value BDT57.11
Valuation Fairly Valued
! 7 Warning Signs
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What is Shahjibazar Power Co Cyclically Adjusted PS Ratio?

Shahjibazar Power Co DHA:SPCL +1.91% 92 Cyclically Adjusted PS Ratio is 1.00 as of Jul. 10, 2026, which is 16% above its 10-year median of 0.86. GuruFocus rates DHA:SPCL with a GF Score™ of 92/100 and a GF Value™ of BDT57.11 (Fairly Valued). The stock has 7 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks better than 64.44% on this metric.

As of today (2026-07-10), Shahjibazar Power Co's current share price is BDT58.60. Shahjibazar Power Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT58.52. Shahjibazar Power Co's Cyclically Adjusted PS Ratio for today is 1.00.

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

DHA:SPCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.86   Max: 0.96
Current: 0.96

During the past years, Shahjibazar Power Co's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.67. And the median was 0.86.

DHA:SPCL's Cyclically Adjusted PS Ratio is ranked better than
64.44% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.685 vs DHA:SPCL: 0.96

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.

Shahjibazar Power Co's adjusted revenue per share data for the three months ended in Mar. 2026 was BDT17.694. 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 BDT58.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shahjibazar Power Co  (DHA:SPCL) 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.


Shahjibazar Power Co Cyclically Adjusted PS Ratio Related Terms


Shahjibazar Power Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co Cyclically Adjusted PS Ratio Chart

Shahjibazar Power Co 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 0.00 0.00

Shahjibazar Power Co 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 0.00 0.00 0.82 0.82 0.81

DHA:SPCL vs CEG, VST, NRG: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Cyclically Adjusted PS Ratio falls into.


DHA:SPCL
92GF Score
Shahjibazar Power Co Ltd DHA:SPCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shahjibazar Power Co 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.

Shahjibazar Power Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.60/58.52
=1.00

* 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.

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

For example, Shahjibazar Power Co'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)
=17.694/330.2130*330.2130
=17.694

Current CPI (Mar. 2026) = 330.2130.

Shahjibazar Power Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.535 241.018 14.434
201609 13.190 241.428 18.041
201612 13.331 241.432 18.233
201703 11.405 243.801 15.447
201706 10.932 244.955 14.737
201709 8.839 246.819 11.825
201712 12.470 246.524 16.703
201803 10.613 249.554 14.043
201806 10.789 251.989 14.138
201809 11.066 252.439 14.475
201812 9.070 251.233 11.921
201903 9.255 254.202 12.022
201906 9.037 256.143 11.650
201909 10.271 256.759 13.209
201912 9.089 256.974 11.679
202003 9.183 258.115 11.748
202006 6.562 257.797 8.405
202009 12.469 260.280 15.819
202012 12.652 260.474 16.039
202103 13.125 264.877 16.362
202106 11.004 271.696 13.374
202109 11.559 274.310 13.915
202112 9.500 278.802 11.252
202203 9.679 287.504 11.117
202206 8.486 296.311 9.457
202209 6.503 296.808 7.235
202212 11.770 296.797 13.095
202303 14.542 301.836 15.909
202306 17.611 305.109 19.060
202309 20.380 307.789 21.865
202312 16.467 306.746 17.727
202403 14.532 312.332 15.364
202406 8.447 314.175 8.878
202409 16.313 315.301 17.085
202412 17.783 315.605 18.606
202503 15.599 319.799 16.107
202506 16.730 322.561 17.127
202509 18.276 324.800 18.581
202512 20.475 324.054 20.864
202603 17.694 330.213 17.694

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 1.00 mean?
Shahjibazar Power Co (DHA:SPCL) has a Cyclically Adjusted PS Ratio of 1.00 as of Jul. 10, 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 Shahjibazar Power Co and its competitors. This is 16% above median its historical median of 0.86. Over the past decade, Shahjibazar Power Co's Cyclically Adjusted PS Ratio has ranged from 0.67 to 0.96. According to the industry distribution chart, Shahjibazar Power Co ranks #96 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 35.6%.
Is Shahjibazar Power Co's Cyclically Adjusted PS Ratio too high?
Shahjibazar Power Co's current Cyclically Adjusted PS Ratio of 1.00 is 16% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 0.96. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Shahjibazar Power Co's value of 1.00 is 40.7% below this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #96 out of 270 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Shahjibazar Power Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's Cyclically Adjusted PS Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #96 out of 270 companies for Cyclically Adjusted PS Ratio. This puts Shahjibazar Power Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. Shahjibazar Power Co's value of 1.00 is 40.7% below this benchmark. Historically, Shahjibazar Power Co's own Cyclically Adjusted PS Ratio has ranged from 0.67 to 0.96 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.69, Shahjibazar Power Co 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 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. Shahjibazar Power Co's current Cyclically Adjusted PS Ratio of 1.00 is 40.7% 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 Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current Cyclically Adjusted PS Ratio is 1.00, which is 16% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT57.11, compared to a current price of BDT58.60 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.00, which is 16% above median its 10-year median of 0.86 and 40.7% below the Utilities - Independent Power Producers industry median of 1.69. Shahjibazar Power Co's overall GF Score™ is 92/100 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 Shahjibazar Power Co (DHA:SPCL), the current Cyclically Adjusted PS Ratio is 1.00 as of Jul. 10, 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 Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be overvalued. The current stock price of BDT58.60 is trading 2.6% above its estimated GF Value™ of BDT57.11. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • Cyclically Adjusted PS Ratio: 1.00 (16% above median its 10-year median of 0.86)
  • GF Value™: BDT57.11 vs. price of BDT58.60 (2.6% above fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 40.7% below the Utilities - Independent Power Producers median (#96 of 270)

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


Shahjibazar Power Co Business Description

Address 822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
92GF Score

Get the complete analysis for DHA:SPCL

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

BDT58.60
Price
BDT57.11
GF Value