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Pakistan International Container Terminal (KAR:PICT) Cyclically Adjusted PB Ratio : 1.48 (As of Jun. 02, 2024)


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What is Pakistan International Container Terminal Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Pakistan International Container Terminal's current share price is ₨42.55. Pakistan International Container Terminal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₨28.78. Pakistan International Container Terminal's Cyclically Adjusted PB Ratio for today is 1.48.

The historical rank and industry rank for Pakistan International Container Terminal's Cyclically Adjusted PB Ratio or its related term are showing as below:

KAR:PICT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.3   Med: 5.28   Max: 6.21
Current: 1.48

During the past years, Pakistan International Container Terminal's highest Cyclically Adjusted PB Ratio was 6.21. The lowest was 1.30. And the median was 5.28.

KAR:PICT's Cyclically Adjusted PB Ratio is ranked worse than
57.74% of 717 companies
in the Transportation industry
Industry Median: 1.27 vs KAR:PICT: 1.48

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Pakistan International Container Terminal's adjusted book value per share data for the three months ended in Dec. 2023 was ₨6.352. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₨28.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan International Container Terminal Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pakistan International Container Terminal's Cyclically Adjusted 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.

* Premium members only.

Pakistan International Container Terminal Cyclically Adjusted PB Ratio Chart

Pakistan International Container Terminal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.22 5.47 1.70

Pakistan International Container Terminal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted 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 5.47 5.37 1.91 2.69 1.70

Competitive Comparison of Pakistan International Container Terminal's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Pakistan International Container Terminal's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Pakistan International Container Terminal's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pakistan International Container Terminal's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan International Container Terminal's Cyclically Adjusted PB Ratio falls into.



Pakistan International Container Terminal Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Pakistan International Container Terminal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.55/28.78
=1.48

* 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.

Pakistan International Container Terminal's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pakistan International Container Terminal's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.352/129.4194*129.4194
=6.352

Current CPI (Dec. 2023) = 129.4194.

Pakistan International Container Terminal Quarterly Data

Book Value per Share CPI Adj_Book
201403 20.178 99.695 26.194
201406 22.378 100.560 28.800
201409 21.420 100.428 27.604
201412 23.672 99.070 30.924
201503 25.474 99.621 33.094
201506 25.214 100.684 32.410
201509 24.165 100.392 31.152
201512 24.678 99.792 32.005
201603 31.861 100.470 41.041
201606 20.567 101.688 26.176
201609 19.916 101.861 25.304
201612 19.659 101.863 24.977
201703 26.886 102.862 33.827
201706 22.445 103.349 28.107
201709 21.234 104.136 26.390
201712 21.442 104.011 26.680
201803 26.586 105.290 32.679
201806 19.841 106.317 24.152
201809 21.321 106.507 25.908
201812 21.071 105.998 25.727
201903 25.678 107.251 30.986
201906 22.140 108.070 26.514
201909 23.203 108.329 27.720
201912 26.053 108.420 31.099
202003 31.949 108.902 37.968
202006 28.288 108.767 33.659
202009 22.151 109.815 26.105
202012 22.497 109.897 26.493
202103 31.227 111.754 36.163
202106 31.324 114.631 35.365
202109 37.106 115.734 41.494
202112 24.951 117.630 27.452
202203 33.463 121.301 35.703
202206 20.112 125.017 20.820
202209 22.714 125.227 23.475
202212 19.857 125.222 20.523
202303 29.779 127.348 30.263
202306 33.760 128.729 33.941
202309 16.049 129.860 15.995
202312 6.352 129.419 6.352

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


Pakistan International Container Terminal  (KAR:PICT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Pakistan International Container Terminal Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Pakistan International Container Terminal's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pakistan International Container Terminal (KAR:PICT) Business Description

Traded in Other Exchanges
N/A
Address
Berths 6 - 9, East Wharf,, Keamari,, Karachi Port,, Karachi, PAK, 75620
Pakistan International Container Terminal Ltd operates as a container terminal management service in Pakistan. The company is located at the Port of Karachi involved in the construction, development, operation, and management of a common user container terminal under the Build Operate Transfer (BOT) contract with Karachi Port Trust.

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