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Power Grid Company of Bangladesh (DHA:POWERGRID) Cyclically Adjusted PB Ratio : 0.32 (As of Apr. 29, 2024)


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What is Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Power Grid Company of Bangladesh's current share price is BDT41.00. Power Grid Company of Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was BDT127.50. Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio for today is 0.32.

The historical rank and industry rank for Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio or its related term are showing as below:

DHA:POWERGRID' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.37   Max: 0.41
Current: 0.32

During the past years, Power Grid Company of Bangladesh's highest Cyclically Adjusted PB Ratio was 0.41. The lowest was 0.31. And the median was 0.37.

DHA:POWERGRID's Cyclically Adjusted PB Ratio is ranked better than
91.36% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs DHA:POWERGRID: 0.32

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Power Grid Company of Bangladesh's adjusted book value per share data for the three months ended in Dec. 2023 was BDT165.749. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is BDT127.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Power Grid Company of Bangladesh's Cyclically Adjusted PB 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.

* Premium members only.

Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Chart

Power Grid Company of Bangladesh Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Power Grid Company of Bangladesh Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 - - - - 0.41

Competitive Comparison of Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio falls into.



Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Power Grid Company of Bangladesh's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.00/127.5
=0.32

* 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.

Power Grid Company of Bangladesh's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Power Grid Company of Bangladesh's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=165.749/129.4194*129.4194
=165.749

Current CPI (Dec. 2023) = 129.4194.

Power Grid Company of Bangladesh Quarterly Data

Book Value per Share CPI Adj_Book
201306 63.693 98.518 83.671
201406 63.608 100.560 81.863
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 68.118 100.684 87.559
201509 69.348 100.392 89.400
201512 72.572 99.792 94.118
201603 73.999 100.470 95.321
201606 76.889 101.688 97.857
201609 79.015 101.861 100.392
201612 82.466 101.863 104.775
201703 83.249 102.862 104.742
201706 89.787 103.349 112.436
201709 94.196 104.136 117.066
201712 99.426 104.011 123.714
201803 100.114 105.290 123.058
201806 108.120 106.317 131.614
201809 114.213 106.507 138.784
201812 0.000 105.998 0.000
201903 132.148 107.251 159.463
201906 128.914 108.070 154.382
201909 150.367 108.329 179.641
201912 106.575 108.420 127.217
202003 106.210 108.902 126.221
202006 101.170 108.767 120.380
202009 114.111 109.815 134.482
202012 120.397 109.897 141.785
202103 122.164 111.754 141.474
202106 121.435 114.631 137.101
202109 126.204 115.734 141.127
202112 131.843 117.630 145.058
202203 132.741 121.301 141.625
202206 133.240 125.017 137.932
202209 139.075 125.227 143.732
202212 138.204 125.222 142.837
202303 140.475 127.348 142.760
202306 159.471 128.729 160.327
202309 161.026 129.860 160.480
202312 165.749 129.419 165.749

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Power Grid Company of Bangladesh  (DHA:POWERGRID) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Power Grid Company of Bangladesh Cyclically Adjusted PB Ratio Related Terms

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Power Grid Company of Bangladesh (DHA:POWERGRID) Business Description

Traded in Other Exchanges
N/A
Address
PGCB Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212
Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others.

Power Grid Company of Bangladesh (DHA:POWERGRID) Headlines

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