MJL Bangladesh (DHA:MJLBD) Cyclically Adjusted Revenue per Share: BDT93.52 (As of Mar. 2026)

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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.
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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:MJLBD MJL Bangladesh PLC DHA:MJLBD
99 GF Score
Price BDT91.80
GF Value BDT97.13
Valuation Fairly Valued
! 10 Warning Signs
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What is MJL Bangladesh Cyclically Adjusted Revenue per Share?

MJL Bangladesh DHA:MJLBD -0.43% 99 Cyclically Adjusted Revenue per Share is BDT93.52 as of Mar. 2026. GuruFocus rates DHA:MJLBD with a GF Score™ of 99/100 and a GF Value™ of BDT97.13 (Fairly Valued). The stock has 10 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.

MJL Bangladesh's adjusted revenue per share for the three months ended in Mar. 2026 was BDT36.204. 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 BDT93.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MJL Bangladesh's average Cyclically Adjusted Revenue Growth Rate was 14.10% 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 (2026-08-21), MJL Bangladesh's current stock price is BDT91.80. MJL Bangladesh's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was BDT93.52. MJL Bangladesh's Cyclically Adjusted PS Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MJL Bangladesh was 1.42. The lowest was 0.93. And the median was 1.19.


MJL Bangladesh  (DHA:MJLBD) 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.

MJL Bangladesh's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=91.80/93.52
=0.98

* 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 MJL Bangladesh was 1.42. The lowest was 0.93. And the median was 1.19.


Be Aware

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


MJL Bangladesh Cyclically Adjusted Revenue per Share Related Terms


MJL Bangladesh Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MJL 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.

MJL Bangladesh Cyclically Adjusted Revenue per Share Chart

MJL Bangladesh Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 64.86 72.70 84.76

MJL 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 81.99 84.76 87.33 89.26 93.52

DHA:MJLBD vs MPC, VLO, PSX: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, MJL 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.


MJL Bangladesh Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MJL Bangladesh's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


DHA:MJLBD
99GF Score
MJL Bangladesh PLC DHA:MJLBD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MJL 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, MJL 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)
=36.204/330.2130*330.2130
=36.204

Current CPI (Mar. 2026) = 330.2130.

MJL Bangladesh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 9.710 241.428 13.281
201612 10.502 241.432 14.364
201703 11.363 243.801 15.390
201706 13.300 244.955 17.929
201709 11.453 246.819 15.323
201712 14.423 246.524 19.319
201803 13.134 249.554 17.379
201806 12.855 251.989 16.846
201809 15.821 252.439 20.695
201812 13.958 251.233 18.346
201903 12.721 254.202 16.525
201906 15.899 256.143 20.497
201909 15.574 256.759 20.029
201912 16.057 256.974 20.633
202003 15.881 258.115 20.317
202006 12.014 257.797 15.389
202009 14.826 260.280 18.810
202012 17.059 260.474 21.626
202103 16.120 264.877 20.096
202106 16.266 271.696 19.769
202109 19.344 274.310 23.286
202112 17.575 278.802 20.816
202203 21.032 287.504 24.156
202206 18.529 296.311 20.649
202209 23.148 296.808 25.753
202212 22.540 296.797 25.078
202303 24.294 301.836 26.578
202306 26.997 305.109 29.218
202309 26.849 307.789 28.805
202312 29.557 306.746 31.818
202403 30.023 312.332 31.742
202406 28.038 314.175 29.469
202409 35.385 315.301 37.059
202412 35.456 315.605 37.097
202503 30.675 319.799 31.674
202506 28.932 322.561 29.618
202509 29.179 324.800 29.665
202512 30.028 324.054 30.599
202603 36.204 330.213 36.204

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 BDT93.52 mean?
MJL Bangladesh (DHA:MJLBD) has a Cyclically Adjusted Revenue per Share of BDT93.52 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 MJL Bangladesh and its competitors.
Is MJL Bangladesh's Cyclically Adjusted Revenue per Share too high?
MJL Bangladesh's current Cyclically Adjusted Revenue per Share is BDT93.52. Overall, MJL Bangladesh has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MJL Bangladesh's Cyclically Adjusted Revenue per Share compare to MPC and VLO?
MJL Bangladesh's Cyclically Adjusted Revenue per Share of BDT93.52 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 MJL Bangladesh and its competitors. MJL Bangladesh's current Cyclically Adjusted Revenue per Share is BDT93.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJL Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, MJL Bangladesh (DHA:MJLBD) is currently considered Fairly Valued. The stock's GF Value™ is BDT97.13, compared to a current price of BDT91.80 — trading 5.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is BDT93.52. MJL Bangladesh's overall GF Score™ is 99/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For MJL Bangladesh (DHA:MJLBD), the current Cyclically Adjusted Revenue per Share is BDT93.52 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 MJL Bangladesh (DHA:MJLBD) Overvalued in 2026?

Based on GuruFocus' analysis, MJL Bangladesh stock appears to be undervalued. The current stock price of BDT91.80 is trading 5.5% below its estimated GF Value™ of BDT97.13. GuruFocus considers MJL Bangladesh to be Fairly Valued.

Key valuation signals for DHA:MJLBD:

  • Cyclically Adjusted Revenue per Share: BDT93.52
  • GF Value™: BDT97.13 vs. price of BDT91.80 (5.5% below fair value)
  • GF Score™: 99/100 with 10 warning signs

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


MJL Bangladesh Business Description

Industry EnergyOil & Gas
Address Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212
MJL Bangladesh PLC is engaged in the blending and marketing of internationally recognised Mobil-branded lubricants in Bangladesh and is also diversified into lube oil trading and oil tanker operations. The Company serves the lubricant market across both the B2B (business-to-business) and B2C (business-to-consumer) segments. The B2B market segments served comprise industrial lubricants, marine lubricants and aviation lubricants, while the B2C market segments served comprise passenger vehicle lubricants, commercial vehicle lubricants and aviation lubricants. The Company also has a small e-commerce sales channel through its Lube Solution digital app and a modest export presence through sales in Nepal. Its operations and distribution network extend across Bangladesh.
99GF Score

Get the complete analysis for DHA:MJLBD

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

BDT91.80
Price
BDT97.13
GF Value