Marico Bangladesh (DHA:MARICO) Cyclically Adjusted Revenue per Share: BDT454.24 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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 BDT2,745.50
GF Value BDT3,285.00
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Marico Bangladesh Cyclically Adjusted Revenue per Share?

Marico Bangladesh DHA:MARICO +0.41% 96 Cyclically Adjusted Revenue per Share is BDT454.24 as of Mar. 2026. GuruFocus rates DHA:MARICO with a GF Score™ of 96/100 and a GF Value™ of BDT3,285.00 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is BDT454.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marico Bangladesh's average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2026-07-17), Marico Bangladesh's current stock price is BDT2745.50. 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 of today is 6.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marico Bangladesh was 7.05. The lowest was 5.23. And the median was 6.04.


Marico Bangladesh  (DHA:MARICO) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2745.50/454.24
=6.04

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Marico Bangladesh was 7.05. The lowest was 5.23. And the median was 6.04.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Marico Bangladesh Cyclically Adjusted Revenue per Share Related Terms


Marico Bangladesh Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Marico Bangladesh's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Marico Bangladesh Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 382.66 405.46 454.24

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 Revenue per Share 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 405.46 415.89 426.62 435.50 454.24

DHA:MARICO vs PG, CL, KVUE: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marico Bangladesh Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of BDT454.24 mean?
Marico Bangladesh (DHA:MARICO) has a Cyclically Adjusted Revenue per Share of BDT454.24 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Marico Bangladesh and its competitors.
Is Marico Bangladesh's Cyclically Adjusted Revenue per Share too high?
Marico Bangladesh's current Cyclically Adjusted Revenue per Share is BDT454.24. 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 Revenue per Share compare to PG and CL?
Marico Bangladesh's Cyclically Adjusted Revenue per Share of BDT454.24 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Marico Bangladesh and its competitors. Marico Bangladesh's current Cyclically Adjusted Revenue per Share is BDT454.24. 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 BDT3,285.00, compared to a current price of BDT2,745.50 — trading 16.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is BDT454.24. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Marico Bangladesh (DHA:MARICO), the current Cyclically Adjusted Revenue per Share is BDT454.24 as of Mar. 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 BDT2,745.50 is trading 16.4% below its estimated GF Value™ of BDT3,285.00. GuruFocus considers Marico Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:MARICO:

  • Cyclically Adjusted Revenue per Share: BDT454.24
  • GF Value™: BDT3,285.00 vs. price of BDT2,745.50 (16.4% below fair value)
  • GF Score™: 96/100 with 7 warning signs

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 Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT2,745.50
Price
BDT3,285.00
GF Value