Berger Paints Bangladesh (DHA:BERGERPBL) PB Ratio: 4.52 (As of Jul. 28, 2026) — 34% Below 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:BERGERPBL Berger Paints Bangladesh Ltd DHA:BERGERPBL
86 GF Score
Price BDT1,399.20
GF Value BDT2,012.79
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Berger Paints Bangladesh PB Ratio?

Berger Paints Bangladesh DHA:BERGERPBL +0.27% 86 PB Ratio is 4.52 as of Jul. 28, 2026, which is 34% below its 10-year median of 6.87. GuruFocus rates DHA:BERGERPBL with a GF Score™ of 86/100 and a GF Value™ of BDT2,012.79 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,576 Chemicals companies, Berger Paints Bangladesh ranks worse than 86.55% 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 (2026-07-28), Berger Paints Bangladesh's share price is BDT1399.20. Berger Paints Bangladesh's Book Value per Share for the quarter that ended in Sep. 2025 was BDT309.23. Hence, Berger Paints Bangladesh's PB Ratio of today is 4.52.

Good Sign:

Berger Paints Bangladesh Ltd stock PB Ratio (=4.51) is close to 10-year low of 4.42.

The historical rank and industry rank for Berger Paints Bangladesh's PB Ratio or its related term are showing as below:

DHA:BERGERPBL' s PB Ratio Range Over the Past 10 Years
Min: 4.42   Med: 6.87   Max: 13.15
Current: 4.52

During the past 10 years, Berger Paints Bangladesh's highest PB Ratio was 13.15. The lowest was 4.42. And the median was 6.87.

DHA:BERGERPBL's PB Ratio is ranked worse than
86.55% of 1576 companies
in the Chemicals industry
Industry Median: 1.65 vs DHA:BERGERPBL: 4.52

During the past 12 months, Berger Paints Bangladesh's average Book Value Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Berger Paints Bangladesh was 23.80% per year. The lowest was 8.70% per year. And the median was 13.60% per year.

Back to Basics: PB Ratio


Berger Paints Bangladesh  (DHA:BERGERPBL) 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.


Berger Paints Bangladesh PB Ratio Related Terms


Berger Paints Bangladesh PB Ratio Historical Data

* Premium members only.

The historical data trend for Berger Paints Bangladesh'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.

Berger Paints Bangladesh PB Ratio Chart

Berger Paints Bangladesh Annual Data
Trend Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.55 7.71 6.20 5.78 5.38

Berger Paints Bangladesh Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 5.19 5.83 5.38 5.53 4.73

DHA:BERGERPBL vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Berger Paints Bangladesh'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.


Berger Paints Bangladesh PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints Bangladesh's PB Ratio distribution charts can be found below:

* The bar in red indicates where Berger Paints Bangladesh's PB Ratio falls into.


DHA:BERGERPBL
86GF Score
Berger Paints Bangladesh Ltd DHA:BERGERPBL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berger Paints Bangladesh 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.

Berger Paints Bangladesh's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=1399.20/309.225
=4.52

* 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 4.52 mean?
Berger Paints Bangladesh (DHA:BERGERPBL) has a PB Ratio of 4.52 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Berger Paints Bangladesh and its competitors. This is 34% below median its historical median of 6.87. Over the past decade, Berger Paints Bangladesh's PB Ratio has ranged from 4.42 to 13.15. According to the industry distribution chart, Berger Paints Bangladesh ranks #1364 out of 1576 companies in the Chemicals industry, placing it in the top 86.5%.
Is Berger Paints Bangladesh's PB Ratio too high?
Berger Paints Bangladesh's current PB Ratio of 4.52 is 34% below median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 4.42 to a high of 13.15. The Chemicals industry median PB Ratio is 1.65. Berger Paints Bangladesh's value of 4.52 is 173.9% above this industry median. Based on the distribution chart, Berger Paints Bangladesh ranks #1364 out of 1576 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Berger Paints Bangladesh has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints Bangladesh's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints Bangladesh ranks #1364 out of 1576 companies for PB Ratio. This places Berger Paints Bangladesh in the lower half of its industry. The industry median PB Ratio is 1.65. Berger Paints Bangladesh's value of 4.52 is 173.9% above this benchmark. Historically, Berger Paints Bangladesh's own PB Ratio has ranged from 4.42 to 13.15 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 1.65, Berger Paints Bangladesh 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.65, based on 1,576 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. Berger Paints Bangladesh's current PB Ratio of 4.52 is 173.9% 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 Berger Paints Bangladesh and its competitors. For the Chemicals industry, the median PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints Bangladesh's current PB Ratio is 4.52, which is 34% below median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints Bangladesh (DHA:BERGERPBL) is currently considered Significantly Undervalued. The stock's GF Value™ is BDT2,012.79, compared to a current price of BDT1,399.20 — trading 30.5% below its estimated fair value. The current PB Ratio is 4.52, which is 34% below median its 10-year median of 6.87 and 173.9% above the Chemicals industry median of 1.65. Berger Paints Bangladesh's overall GF Score™ is 86/100 with 4 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 Berger Paints Bangladesh (DHA:BERGERPBL), the current PB Ratio is 4.52 as of Jul. 28, 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 Berger Paints Bangladesh (DHA:BERGERPBL) Overvalued in 2026?

Based on GuruFocus' analysis, Berger Paints Bangladesh stock appears to be undervalued. The current stock price of BDT1,399.20 is trading 30.5% below its estimated GF Value™ of BDT2,012.79. GuruFocus considers Berger Paints Bangladesh to be Significantly Undervalued.

Key valuation signals for DHA:BERGERPBL:

  • PB Ratio: 4.52 (34% below median its 10-year median of 6.87)
  • GF Value™: BDT2,012.79 vs. price of BDT1,399.20 (30.5% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 173.9% above the Chemicals median (#1364 of 1576)

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


Berger Paints Bangladesh Business Description

Address Road No. 2, Sector 3, Berger House, House No. 8, Uttara Model Town, Dhaka, BGD, 1230
Berger Paints Bangladesh Ltd is in the paint industry. The principal activities of the company are manufacturing and marketing of liquid and non-liquid paints and varnishes, emulsion and coating, and trading of painting tools. The company also provides decorative and painting-related services. The product range includes specialized outdoor paints to protect against adverse weather conditions, ColorBank, Superior Marine Paints, Textured Coatings, Adhesive, Pre-treatment chemicals, Heat Resistant Paints, Roofing Compounds, and other related products.
86GF Score

Get the complete analysis for DHA:BERGERPBL

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

BDT1,399.20
Price
BDT2,012.79
GF Value