Navana CNG (DHA:NAVANACNG) PB Ratio: 0.68 (As of Sep. 08, 2026) — 27% Below Median

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DHA:NAVANACNG Navana CNG Ltd DHA:NAVANACNG
73 GF Score
Price BDT20.50
GF Value BDT23.21
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Navana CNG PB Ratio?

Navana CNG DHA:NAVANACNG +1.49% 73 PB Ratio is 0.68 as of Sep. 08, 2026, which is 27% below its 10-year median of 0.93. GuruFocus rates DHA:NAVANACNG with a GF Score™ of 73/100 and a GF Value™ of BDT23.21 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 500 Utilities - Regulated companies, Navana CNG ranks better than 80.2% 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 (2026-09-08), Navana CNG's share price is BDT20.50. Navana CNG's Book Value per Share for the quarter that ended in Mar. 2026 was BDT30.22. Hence, Navana CNG's PB Ratio of today is 0.68.

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

DHA:NAVANACNG' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.93   Max: 2.51
Current: 0.7

During the past 13 years, Navana CNG's highest PB Ratio was 2.51. The lowest was 0.59. And the median was 0.93.

DHA:NAVANACNG's PB Ratio is ranked better than
80.2% of 500 companies
in the Utilities - Regulated industry
Industry Median: 1.46 vs DHA:NAVANACNG: 0.70

During the past 12 months, Navana CNG's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Navana CNG was 21.90% per year. The lowest was -1.20% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio


Navana CNG  (DHA:NAVANACNG) 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.


Navana CNG PB Ratio Related Terms


Navana CNG PB Ratio Historical Data

* Premium members only.

The historical data trend for Navana CNG'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.

Navana CNG PB Ratio Chart

Navana CNG Annual Data
Trend Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.92 0.85 0.69 0.64

Navana CNG 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 0.68 0.64 0.78 0.69 0.68

DHA:NAVANACNG vs ATO, NI, UGI: PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, Navana CNG'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.


Navana CNG PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Navana CNG's PB Ratio falls into.


DHA:NAVANACNG
73GF Score
Navana CNG Ltd DHA:NAVANACNG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navana CNG 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.

Navana CNG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=20.50/30.223
=0.68

* 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 0.68 mean?
Navana CNG (DHA:NAVANACNG) has a PB Ratio of 0.68 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Navana CNG and its competitors. This is 27% below median its historical median of 0.93. Over the past decade, Navana CNG's PB Ratio has ranged from 0.59 to 2.51. According to the industry distribution chart, Navana CNG ranks #99 out of 500 companies in the Utilities - Regulated industry, placing it in the top 19.8%.
Is Navana CNG's PB Ratio too high?
Navana CNG's current PB Ratio of 0.68 is 27% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.51. The Utilities - Regulated industry median PB Ratio is 1.46. Navana CNG's value of 0.68 is 53.4% below this industry median. Based on the distribution chart, Navana CNG ranks #99 out of 500 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Navana CNG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Navana CNG's PB Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Navana CNG ranks #99 out of 500 companies for PB Ratio. This places Navana CNG in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.46. Navana CNG's value of 0.68 is 53.4% below this benchmark. Historically, Navana CNG's own PB Ratio has ranged from 0.59 to 2.51 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.46, Navana CNG has consistently been below 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.46, based on 500 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. Navana CNG's current PB Ratio of 0.68 is 53.4% below 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 Navana CNG and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navana CNG's current PB Ratio is 0.68, which is 27% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navana CNG stock overvalued right now?
Based on GuruFocus' analysis, Navana CNG (DHA:NAVANACNG) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT23.21, compared to a current price of BDT20.50 — trading 11.7% below its estimated fair value. The current PB Ratio is 0.68, which is 27% below median its 10-year median of 0.93 and 53.4% below the Utilities - Regulated industry median of 1.46. Navana CNG's overall GF Score™ is 73/100 with 7 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 Navana CNG (DHA:NAVANACNG), the current PB Ratio is 0.68 as of Sep. 08, 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 Navana CNG (DHA:NAVANACNG) Overvalued in 2026?

Based on GuruFocus' analysis, Navana CNG stock appears to be undervalued. The current stock price of BDT20.50 is trading 11.7% below its estimated GF Value™ of BDT23.21. GuruFocus considers Navana CNG to be Modestly Undervalued.

Key valuation signals for DHA:NAVANACNG:

  • PB Ratio: 0.68 (27% below median its 10-year median of 0.93)
  • GF Value™: BDT23.21 vs. price of BDT20.50 (11.7% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 53.4% below the Utilities - Regulated median (#99 of 500)

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


Navana CNG Business Description

Address 205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208
Navana CNG Ltd is a CNG service provider in Bangladesh, engaged in converting petrol- and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles and operating CNG refueling stations along with other related services. The company's services include refueling stations, vehicle conversion, after-sales service, cylinder re-testing, auto repair service, diesel generator conversion, vehicle fitness checkup stations, and other services. Its operating segments include a conversion workshop for diesel-driven vehicles to CNG-driven vehicles and CNG & LPG stations providing CNG refueling and related services. The company generates maximum revenue from the CNG station segment.
73GF Score

Get the complete analysis for DHA:NAVANACNG

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

BDT20.50
Price
BDT23.21
GF Value