BDCOM Online (DHA:BDCOM) PB Ratio: 2.30 (As of Jul. 22, 2026) — 30% 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:BDCOM BDCOM Online Ltd DHA:BDCOM
81 GF Score
Price BDT34.10
GF Value BDT25.50
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is BDCOM Online PB Ratio?

BDCOM Online DHA:BDCOM +0.59% 81 PB Ratio is 2.30 as of Jul. 22, 2026, which is 30% above its 10-year median of 1.77. GuruFocus rates DHA:BDCOM with a GF Score™ of 81/100 and a GF Value™ of BDT25.50 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 338 Telecommunication Services companies, BDCOM Online ranks worse than 60.95% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), BDCOM Online's share price is BDT34.10. BDCOM Online's Book Value per Share for the quarter that ended in Mar. 2026 was BDT14.82. Hence, BDCOM Online's PB Ratio of today is 2.30.

Warning Sign:

BDCOM Online Ltd stock PB Ratio (=2.26) is close to 3-year high of 2.4.

The historical rank and industry rank for BDCOM Online's PB Ratio or its related term are showing as below:

DHA:BDCOM' s PB Ratio Range Over the Past 10 Years
Min: 1.04   Med: 1.77   Max: 4.43
Current: 2.3

During the past 13 years, BDCOM Online's highest PB Ratio was 4.43. The lowest was 1.04. And the median was 1.77.

DHA:BDCOM's PB Ratio is ranked worse than
60.95% of 338 companies
in the Telecommunication Services industry
Industry Median: 1.755 vs DHA:BDCOM: 2.30

During the past 12 months, BDCOM Online's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BDCOM Online was 16.20% per year. The lowest was 1.30% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio


BDCOM Online  (DHA:BDCOM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


BDCOM Online PB Ratio Related Terms


BDCOM Online PB Ratio Historical Data

* Premium members only.

The historical data trend for BDCOM Online's 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.

BDCOM Online PB Ratio Chart

BDCOM Online Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 2.12 2.43 1.63 1.51

BDCOM Online Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.67 1.51 1.75 1.65 1.82

DHA:BDCOM vs TMUS, VZ, T: PB Ratio Comparison

For the Telecom Services subindustry, BDCOM Online's PB Ratio, along with its competitors' market caps and 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.


BDCOM Online PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BDCOM Online's PB Ratio distribution charts can be found below:

* The bar in red indicates where BDCOM Online's PB Ratio falls into.


DHA:BDCOM
81GF Score
BDCOM Online Ltd DHA:BDCOM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BDCOM Online PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

BDCOM Online's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=34.10/14.82
=2.30

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.30 mean?
BDCOM Online (DHA:BDCOM) has a PB Ratio of 2.30 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BDCOM Online and its competitors. This is 30% above median its historical median of 1.77. Over the past decade, BDCOM Online's PB Ratio has ranged from 1.04 to 4.43. According to the industry distribution chart, BDCOM Online ranks #206 out of 338 companies in the Telecommunication Services industry, placing it in the top 60.9%.
Is BDCOM Online's PB Ratio too high?
BDCOM Online's current PB Ratio of 2.30 is 30% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 4.43. The Telecommunication Services industry median PB Ratio is 1.76. BDCOM Online's value of 2.30 is 31.1% above this industry median. Based on the distribution chart, BDCOM Online ranks #206 out of 338 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, BDCOM Online has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BDCOM Online's PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, BDCOM Online ranks #206 out of 338 companies for PB Ratio. This places BDCOM Online in the lower half of its industry. The industry median PB Ratio is 1.76. BDCOM Online's value of 2.30 is 31.1% above this benchmark. Historically, BDCOM Online's own PB Ratio has ranged from 1.04 to 4.43 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.76, BDCOM Online has consistently been above 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 PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.76, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BDCOM Online's current PB Ratio of 2.30 is 31.1% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BDCOM Online and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BDCOM Online's current PB Ratio is 2.30, which is 30% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BDCOM Online stock overvalued right now?
Based on GuruFocus' analysis, BDCOM Online (DHA:BDCOM) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT25.50, compared to a current price of BDT34.10 — trading 33.7% above its estimated fair value. The current PB Ratio is 2.30, which is 30% above median its 10-year median of 1.77 and 31.1% above the Telecommunication Services industry median of 1.76. BDCOM Online's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For BDCOM Online (DHA:BDCOM), the current PB Ratio is 2.30 as of Jul. 22, 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 BDCOM Online (DHA:BDCOM) Overvalued in 2026?

Based on GuruFocus' analysis, BDCOM Online stock appears to be overvalued. The current stock price of BDT34.10 is trading 33.7% above its estimated GF Value™ of BDT25.50. GuruFocus considers BDCOM Online to be Significantly Overvalued.

Key valuation signals for DHA:BDCOM:

  • PB Ratio: 2.30 (30% above median its 10-year median of 1.77)
  • GF Value™: BDT25.50 vs. price of BDT34.10 (33.7% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 31.1% above the Telecommunication Services median (#206 of 338)

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


BDCOM Online Business Description

Address Road No 1, Gulshan Avenue, House No 1, 5th floor, JL Bhaban, Gulshan-1, Dhaka, BGD, 1212
BDCOM Online Ltd operates as an internet service provider (ISP) in Bangladesh. The company's operating segments include Unit-1 for internet, data connectivity, hardware, and other IT-enabled services; Unit-2 for software development, graphic design, VTS support and service, web development, domain registration, and domain hosting; and Unit-3 for IP telephony services and goods. It generates maximum revenue from the Unit -1 segment which includes Internet/Data Connectivity Services. The company offers its services to NBFI, corporate, telecom, and home users.
81GF Score

Get the complete analysis for DHA:BDCOM

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

BDT34.10
Price
BDT25.50
GF Value