Shahjibazar Power Co (DHA:SPCL) PB Ratio: 1.31 (As of Jun. 28, 2026) — 35% Below Median


DHA:SPCL Shahjibazar Power Co Ltd DHA:SPCL
93 GF Score
Price BDT54.50
GF Value BDT56.70
Valuation Fairly Valued
! 7 Warning Signs
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What is Shahjibazar Power Co PB Ratio?

Shahjibazar Power Co DHA:SPCL +1.11% 93 PB Ratio is 1.31 as of Jun. 28, 2026, which is 35% below its 10-year median of 2.02. GuruFocus rates DHA:SPCL with a GF Score™ of 93/100 and a GF Value™ of BDT56.70 (Fairly Valued). The stock has 7 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Shahjibazar Power Co ranks better than 50.58% 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 (2026-06-28), Shahjibazar Power Co's share price is BDT54.50. Shahjibazar Power Co's Book Value per Share for the quarter that ended in Mar. 2026 was BDT41.62. Hence, Shahjibazar Power Co's PB Ratio of today is 1.31.

Warning Sign:

Shahjibazar Power Co Ltd stock PB Ratio (=1.31) is close to 1-year high of 1.34.

The historical rank and industry rank for Shahjibazar Power Co's PB Ratio or its related term are showing as below:

DHA:SPCL' s PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 2.02   Max: 4.48
Current: 1.31

During the past 10 years, Shahjibazar Power Co's highest PB Ratio was 4.48. The lowest was 0.77. And the median was 2.02.

DHA:SPCL's PB Ratio is ranked better than
50.58% of 431 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.33 vs DHA:SPCL: 1.31

During the past 12 months, Shahjibazar Power Co's average Book Value Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Shahjibazar Power Co was 8.50% per year. The lowest was 2.20% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio


Shahjibazar Power Co  (DHA:SPCL) 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.


Shahjibazar Power Co PB Ratio Related Terms


Shahjibazar Power Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co PB Ratio Chart

Shahjibazar Power Co 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 1.93 1.97 1.78 1.73 0.92

Shahjibazar Power Co 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 0.80 0.92 1.14 1.12 1.13

DHA:SPCL vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's PB Ratio falls into.


DHA:SPCL
93GF Score
Shahjibazar Power Co Ltd DHA:SPCL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shahjibazar Power Co 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.

Shahjibazar Power Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=54.50/41.618
=1.31

* 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 1.31 mean?
Shahjibazar Power Co (DHA:SPCL) has a PB Ratio of 1.31 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shahjibazar Power Co and its competitors. This is 35% below median its historical median of 2.02. Over the past decade, Shahjibazar Power Co's PB Ratio has ranged from 0.77 to 4.48. According to the industry distribution chart, Shahjibazar Power Co ranks #213 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.4%.
Is Shahjibazar Power Co's PB Ratio too high?
Shahjibazar Power Co's current PB Ratio of 1.31 is 35% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 4.48. The Utilities - Independent Power Producers industry median PB Ratio is 1.33. Shahjibazar Power Co's value of 1.31 is 1.5% below this industry median. Based on the distribution chart, Shahjibazar Power Co ranks #213 out of 431 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Shahjibazar Power Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shahjibazar Power Co's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Shahjibazar Power Co ranks #213 out of 431 companies for PB Ratio. This puts Shahjibazar Power Co in the upper half of its industry. The industry median PB Ratio is 1.33. Shahjibazar Power Co's value of 1.31 is 1.5% below this benchmark. Historically, Shahjibazar Power Co's own PB Ratio has ranged from 0.77 to 4.48 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 1.33, Shahjibazar Power Co 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 - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.33, based on 431 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. Shahjibazar Power Co's current PB Ratio of 1.31 is 1.5% 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 Shahjibazar Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahjibazar Power Co's current PB Ratio is 1.31, which is 35% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahjibazar Power Co stock overvalued right now?
Based on GuruFocus' analysis, Shahjibazar Power Co (DHA:SPCL) is currently considered Fairly Valued. The stock's GF Value™ is BDT56.70, compared to a current price of BDT54.50 — trading 3.9% below its estimated fair value. The current PB Ratio is 1.31, which is 35% below median its 10-year median of 2.02 and 1.5% below the Utilities - Independent Power Producers industry median of 1.33. Shahjibazar Power Co's overall GF Score™ is 93/100 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 Shahjibazar Power Co (DHA:SPCL), the current PB Ratio is 1.31 as of Jun. 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 Shahjibazar Power Co (DHA:SPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Shahjibazar Power Co stock appears to be undervalued. The current stock price of BDT54.50 is trading 3.9% below its estimated GF Value™ of BDT56.70. GuruFocus considers Shahjibazar Power Co to be Fairly Valued.

Key valuation signals for DHA:SPCL:

  • PB Ratio: 1.31 (35% below median its 10-year median of 2.02)
  • GF Value™: BDT56.70 vs. price of BDT54.50 (3.9% below fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 1.5% below the Utilities - Independent Power Producers median (#213 of 431)

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


Shahjibazar Power Co Business Description

Address 822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high-speed diesel, octane, kerosene, and fuel gas to the Bangladesh Petroleum Corporation (BPC). It generates revenue from only power generation.
93GF Score

Get the complete analysis for DHA:SPCL

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

BDT54.50
Price
BDT56.70
GF Value