Grameenphone (DHA:GP) Shiller PE Ratio: 8.34 (As of Sep. 14, 2026) — 30% Below Median

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DHA:GP Grameenphone Ltd DHA:GP
92 GF Score
Price BDT239.10
GF Value BDT293.34
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Grameenphone Shiller PE Ratio?

Grameenphone DHA:GP -1.12% 92 Shiller PE Ratio is 8.34 as of Sep. 14, 2026, which is 30% below its 10-year median of 11.85. GuruFocus rates DHA:GP with a GF Score™ of 92/100 and a GF Value™ of BDT293.34 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 221 Telecommunication Services companies, Grameenphone ranks better than 84.62% on this metric.

As of today (2026-09-14), Grameenphone's current share price is BDT239.10. Grameenphone's E10 for the quarter that ended in Jun. 2026 was BDT28.67. Grameenphone's Shiller PE Ratio for today is 8.34.

The historical rank and industry rank for Grameenphone's Shiller PE Ratio or its related term are showing as below:

DHA:GP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.34   Med: 11.85   Max: 18.45
Current: 8.34

During the past years, Grameenphone's highest Shiller PE Ratio was 18.45. The lowest was 8.34. And the median was 11.85.

DHA:GP's Shiller PE Ratio is ranked better than
84.62% of 221 companies
in the Telecommunication Services industry
Industry Median: 17.4 vs DHA:GP: 8.34

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Grameenphone's adjusted earnings per share data for the three months ended in Jun. 2026 was BDT5.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is BDT28.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grameenphone  (DHA:GP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Grameenphone Shiller PE Ratio Related Terms


Grameenphone Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Grameenphone's Shiller PE 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.

Grameenphone Shiller PE Ratio Chart

Grameenphone Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.13 12.12 11.26 11.99 9.25

Grameenphone Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 10.98 10.70 9.25 8.62 9.05

DHA:GP vs VZ, TMUS, T: Shiller PE Ratio Comparison

For the Telecom Services subindustry, Grameenphone's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Grameenphone Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Grameenphone's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grameenphone's Shiller PE Ratio falls into.


DHA:GP
92GF Score
Grameenphone Ltd DHA:GP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grameenphone Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Grameenphone's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=239.10/28.67
=8.34

* 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.

Grameenphone's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Grameenphone's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.62/333.9520*333.9520
=5.620

Current CPI (Jun. 2026) = 333.9520.

Grameenphone Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 4.780 241.428 6.612
201612 3.980 241.432 5.505
201703 4.860 243.801 6.657
201706 5.870 244.955 8.003
201709 5.160 246.819 6.982
201712 4.425 246.524 5.994
201803 4.740 249.554 6.343
201806 7.700 251.989 10.205
201809 6.250 252.439 8.268
201812 6.330 251.233 8.414
201903 6.290 254.202 8.263
201906 7.070 256.143 9.218
201909 5.380 256.759 6.997
201912 6.810 256.974 8.850
202003 7.920 258.115 10.247
202006 5.380 257.797 6.969
202009 6.590 260.280 8.455
202012 7.650 260.474 9.808
202103 6.600 264.877 8.321
202106 6.300 271.696 7.744
202109 6.340 274.310 7.718
202112 6.043 278.802 7.238
202203 6.000 287.504 6.969
202206 6.820 296.311 7.686
202209 6.720 296.808 7.561
202212 2.748 296.797 3.092
202303 5.770 301.836 6.384
202306 8.840 305.109 9.676
202309 5.530 307.789 6.000
202312 4.340 306.746 4.725
202403 9.910 312.332 10.596
202406 6.380 314.175 6.782
202409 5.590 315.301 5.921
202412 5.007 315.605 5.298
202503 4.690 319.799 4.898
202506 6.510 322.561 6.740
202509 5.560 324.800 5.717
202512 5.130 324.054 5.287
202603 4.900 330.213 4.955
202606 5.620 333.952 5.620

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 8.34 mean?
Grameenphone (DHA:GP) has a Shiller PE Ratio of 8.34 as of Sep. 14, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Grameenphone and its competitors. This is 30% below median its historical median of 11.85. Over the past decade, Grameenphone's Shiller PE Ratio has ranged from 8.34 to 18.45. According to the industry distribution chart, Grameenphone ranks #34 out of 221 companies in the Telecommunication Services industry, placing it in the top 15.4%.
Is Grameenphone's Shiller PE Ratio too high?
Grameenphone's current Shiller PE Ratio of 8.34 is 30% below median its 10-year median of 11.85. Over the past 10 years, this metric has ranged from a low of 8.34 to a high of 18.45. The Telecommunication Services industry median Shiller PE Ratio is 17.40. Grameenphone's value of 8.34 is 52.1% below this industry median. Based on the distribution chart, Grameenphone ranks #34 out of 221 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Grameenphone has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grameenphone's Shiller PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Grameenphone ranks #34 out of 221 companies for Shiller PE Ratio. This places Grameenphone in the top 15% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 17.40. Grameenphone's value of 8.34 is 52.1% below this benchmark. Historically, Grameenphone's own Shiller PE Ratio has ranged from 8.34 to 18.45 over the past decade. While the company's 10-year median is 11.85 vs. the industry median of 17.40, Grameenphone 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 Shiller PE Ratio for a Telecommunication Services company?
The median Shiller PE Ratio among Telecommunication Services companies is 17.40, based on 221 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grameenphone's current Shiller PE Ratio of 8.34 is 52.1% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Grameenphone and its competitors. For the Telecommunication Services industry, the median Shiller PE Ratio is 17.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grameenphone's current Shiller PE Ratio is 8.34, which is 30% below median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grameenphone stock overvalued right now?
Based on GuruFocus' analysis, Grameenphone (DHA:GP) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT293.34, compared to a current price of BDT239.10 — trading 18.5% below its estimated fair value. The current Shiller PE Ratio is 8.34, which is 30% below median its 10-year median of 11.85 and 52.1% below the Telecommunication Services industry median of 17.40. Grameenphone's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Grameenphone (DHA:GP), the current Shiller PE Ratio is 8.34 as of Sep. 14, 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 Grameenphone (DHA:GP) Overvalued in 2026?

Based on GuruFocus' analysis, Grameenphone stock appears to be undervalued. The current stock price of BDT239.10 is trading 18.5% below its estimated GF Value™ of BDT293.34. GuruFocus considers Grameenphone to be Modestly Undervalued.

Key valuation signals for DHA:GP:

  • Shiller PE Ratio: 8.34 (30% below median its 10-year median of 11.85)
  • GF Value™: BDT293.34 vs. price of BDT239.10 (18.5% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 52.1% below the Telecommunication Services median (#34 of 221)

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


Grameenphone Business Description

Address GPHouse, Basundhara, Baridhara, Dhaka, BGD, 1229
Grameenphone Ltd is a mobile telecommunication operator based in Bangladesh. It provides telecommunication services, including voice, data, and other related services. The company also offers international roaming services through international roaming agreements with various operators in Asia, Europe, Australia, America, and Africa. Its product and service categories include Value-added services, Internet, Devices, Prepaid, Roaming, Digital services, Postpaid, and others.
92GF Score

Get the complete analysis for DHA:GP

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

BDT239.10
Price
BDT293.34
GF Value