Bangladesh Submarine Cables (DHA:BSCPLC) Graham Number: BDT173.83 (As of Mar. 2026) — 11336% Above Median

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:BSCPLC Bangladesh Submarine Cables PLC DHA:BSCPLC
86 GF Score
Price BDT156.10
GF Value BDT224.17
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Bangladesh Submarine Cables Graham Number?

Bangladesh Submarine Cables DHA:BSCPLC 86 Graham Number is BDT173.83 as of Mar. 2026, which is 100% below its 10-year median of 1.52. GuruFocus rates DHA:BSCPLC with a GF Score™ of 86/100 and a GF Value™ of BDT224.17 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 192 Telecommunication Services companies, Bangladesh Submarine Cables ranks better than 78.65% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-08-09), the stock price of Bangladesh Submarine Cables is BDT156.10. Bangladesh Submarine Cables's graham number for the quarter that ended in Mar. 2026 was BDT173.83. Therefore, Bangladesh Submarine Cables's Price to Graham Number ratio for today is 0.90.

The historical rank and industry rank for Bangladesh Submarine Cables's Graham Number or its related term are showing as below:

DHA:BSCPLC' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.78   Med: 1.52   Max: 10.09
Current: 0.9

During the past 12 years, the highest Price to Graham Number ratio of Bangladesh Submarine Cables was 10.09. The lowest was 0.78. And the median was 1.52.

DHA:BSCPLC's Price-to-Graham-Number is ranked better than
78.65% of 192 companies
in the Telecommunication Services industry
Industry Median: 1.565 vs DHA:BSCPLC: 0.90

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Bangladesh Submarine Cables  (DHA:BSCPLC) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Bangladesh Submarine Cables's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=156.10/173.83
=0.90

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Bangladesh Submarine Cables Graham Number Related Terms


Bangladesh Submarine Cables Graham Number Historical Data

* Premium members only.

The historical data trend for Bangladesh Submarine Cables's Graham Number 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.

Bangladesh Submarine Cables Graham Number Chart

Bangladesh Submarine Cables Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.65 140.00 161.59 137.07 142.16

Bangladesh Submarine Cables Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number 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 120.48 141.81 151.72 163.00 173.83

DHA:BSCPLC vs VZ, TMUS, T: Graham Number Comparison

For the Telecom Services subindustry, Bangladesh Submarine Cables's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Bangladesh Submarine Cables Price-to-Graham-Number vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bangladesh Submarine Cables's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Bangladesh Submarine Cables's Price-to-Graham-Number falls into.


DHA:BSCPLC
86GF Score
Bangladesh Submarine Cables PLC DHA:BSCPLC
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangladesh Submarine Cables Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Bangladesh Submarine Cables's Graham Number for the fiscal year that ended in Jun. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*90.467*9.929)
=142.16

Bangladesh Submarine Cables's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*98.212*13.674)
=173.83

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of BDT173.83 mean?
Bangladesh Submarine Cables (DHA:BSCPLC) has a Graham Number of BDT173.83 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Bangladesh Submarine Cables and its competitors. This is 11336% above median its historical median of 1.52. Over the past decade, Bangladesh Submarine Cables' Graham Number has ranged from 0.78 to 10.09. According to the industry distribution chart, Bangladesh Submarine Cables ranks #41 out of 192 companies in the Telecommunication Services industry, placing it in the top 21.4%.
Is Bangladesh Submarine Cables' Graham Number too high?
Bangladesh Submarine Cables' current Graham Number of BDT173.83 is 11336% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 10.09. Based on the distribution chart, Bangladesh Submarine Cables ranks #41 out of 192 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bangladesh Submarine Cables has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Submarine Cables' Graham Number compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bangladesh Submarine Cables ranks #41 out of 192 companies for Graham Number. This places Bangladesh Submarine Cables in the top 21% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.57. Historically, Bangladesh Submarine Cables' own Graham Number has ranged from 0.78 to 10.09 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Telecommunication Services company?
The median Graham Number among Telecommunication Services companies is 1.57, based on 192 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Bangladesh Submarine Cables and its competitors. For the Telecommunication Services industry, the median Graham Number is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Submarine Cables's current Graham Number is BDT173.83, which is 11336% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Submarine Cables stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Submarine Cables (DHA:BSCPLC) is currently considered Significantly Undervalued. The stock's GF Value™ is BDT224.17, compared to a current price of BDT156.10 — trading 30.4% below its estimated fair value. The current Graham Number is BDT173.83, which is 11336% above median its 10-year median of 1.52. Bangladesh Submarine Cables' overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Bangladesh Submarine Cables (DHA:BSCPLC), the current Graham Number is BDT173.83 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 Bangladesh Submarine Cables (DHA:BSCPLC) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Submarine Cables stock appears to be undervalued. The current stock price of BDT156.10 is trading 30.4% below its estimated GF Value™ of BDT224.17. GuruFocus considers Bangladesh Submarine Cables to be Significantly Undervalued.

Key valuation signals for DHA:BSCPLC:

  • Graham Number: BDT173.83 (11336% above median its 10-year median of 1.52)
  • GF Value™: BDT224.17 vs. price of BDT156.10 (30.4% below fair value)
  • GF Score™: 86/100 with 6 warning signs

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


Bangladesh Submarine Cables Business Description

Address 191/1, Tejgaon-Gulshan Link Road, Rahman’s Regnum Center (7th and 8th Floor), Dhaka, BGD, 1208
Bangladesh Submarine Cables PLC provides high-capacity bandwidth through submarine cable to IGW, IIG, ISP, and other operators across Bangladesh, ensuring customers benefit from telecom and IT-related services. It is the sole provider of submarine cable bandwidth services in the country, manages the country's submarine cable systems, and also acts as an IIG service provider. The company provides bandwidth and IPLC services (E-1, STM-1, STM-4, STM-16, STM-64/10GE, and 100GE) to IIG and IGW operators, IP transit to IIGs and ISPs, IPLC to corporate and other BTRC-permitted customers, co-location services at its data center and landing stations, and National Internet Exchange (NIX) service.
86GF Score

Get the complete analysis for DHA:BSCPLC

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

BDT156.10
Price
BDT224.17
GF Value