Adamjee Insurance Co (KAR:AICL) Cyclically Adjusted Book per Share: ₨88.67 (As of Mar. 2026)

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KAR:AICL Adamjee Insurance Co Ltd KAR:AICL
69 GF Score
Price ₨76.79
GF Value ₨61.80
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Adamjee Insurance Co Cyclically Adjusted Book per Share?

Adamjee Insurance Co KAR:AICL -3.71% 69 Cyclically Adjusted Book per Share is ₨88.67 as of Mar. 2026. GuruFocus rates KAR:AICL with a GF Score™ of 69/100 and a GF Value™ of ₨61.80 (Modestly Overvalued). The stock has 3 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Adamjee Insurance Co's adjusted book value per share for the three months ended in Mar. 2026 was ₨143.182. 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 ₨88.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Adamjee Insurance Co's average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Adamjee Insurance Co was 10.30% per year. The lowest was 10.10% per year. And the median was 10.20% per year.

As of today (2026-07-17), Adamjee Insurance Co's current stock price is ₨76.79. Adamjee Insurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨88.67. Adamjee Insurance Co's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adamjee Insurance Co was 1.42. The lowest was 0.34. And the median was 0.55.


Adamjee Insurance Co  (KAR:AICL) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Adamjee Insurance Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=76.79/88.67
=0.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adamjee Insurance Co was 1.42. The lowest was 0.34. And the median was 0.55.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Adamjee Insurance Co Cyclically Adjusted Book per Share Related Terms


Adamjee Insurance Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Adamjee Insurance Co's Cyclically Adjusted Book per Share 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.

Adamjee Insurance Co Cyclically Adjusted Book per Share Chart

Adamjee Insurance Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.36 63.37 67.61 75.20 85.01

Adamjee Insurance Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 77.90 80.39 82.96 85.01 88.67

KAR:AICL vs CB, PGR, TRV: Cyclically Adjusted Book per Share Comparison

For the Insurance - Property & Casualty subindustry, Adamjee Insurance Co'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.


Adamjee Insurance Co Cyclically Adjusted PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Adamjee Insurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Adamjee Insurance Co's Cyclically Adjusted PB Ratio falls into.


KAR:AICL
69GF Score
Adamjee Insurance Co Ltd KAR:AICL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adamjee Insurance Co Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Adamjee Insurance Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=143.182/330.2130*330.2130
=143.182

Current CPI (Mar. 2026) = 330.2130.

Adamjee Insurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 46.449 241.018 63.639
201609 48.907 241.428 66.893
201612 63.194 241.432 86.432
201703 49.679 243.801 67.287
201706 48.388 244.955 65.230
201709 48.554 246.819 64.959
201712 58.457 246.524 78.302
201803 65.798 249.554 87.065
201806 55.166 251.989 72.291
201809 54.656 252.439 71.495
201812 56.579 251.233 74.366
201903 58.837 254.202 76.430
201906 54.532 256.143 70.301
201909 53.599 256.759 68.933
201912 61.895 256.974 79.535
202003 54.292 258.115 69.457
202006 57.553 257.797 73.720
202009 60.226 260.280 76.408
202012 64.679 260.474 81.996
202103 66.816 264.877 83.297
202106 66.225 271.696 80.488
202109 65.409 274.310 78.739
202112 73.202 278.802 86.700
202203 75.778 287.504 87.035
202206 72.464 296.311 80.755
202209 72.952 296.808 81.163
202212 72.105 296.797 80.223
202303 78.160 301.836 85.508
202306 78.251 305.109 84.689
202309 81.580 307.789 87.524
202312 89.463 306.746 96.307
202403 95.441 312.332 100.905
202406 102.899 314.175 108.152
202409 106.583 315.301 111.624
202412 120.083 315.605 125.641
202503 124.112 319.799 128.154
202506 129.999 322.561 133.083
202509 138.537 324.800 140.846
202512 145.201 324.054 147.961
202603 143.182 330.213 143.182

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

What does a Cyclically Adjusted Book per Share of ₨88.67 mean?
Adamjee Insurance Co (KAR:AICL) has a Cyclically Adjusted Book per Share of ₨88.67 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Adamjee Insurance Co and its competitors.
Is Adamjee Insurance Co's Cyclically Adjusted Book per Share too high?
Adamjee Insurance Co's current Cyclically Adjusted Book per Share is ₨88.67. Overall, Adamjee Insurance Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adamjee Insurance Co's Cyclically Adjusted Book per Share compare to CB and PGR?
Adamjee Insurance Co's Cyclically Adjusted Book per Share of ₨88.67 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Insurance company?
A good Cyclically Adjusted Book per Share depends on the Insurance industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Adamjee Insurance Co and its competitors. Adamjee Insurance Co's current Cyclically Adjusted Book per Share is ₨88.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamjee Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Adamjee Insurance Co (KAR:AICL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨61.80, compared to a current price of ₨76.79 — trading 24.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨88.67. Adamjee Insurance Co's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Adamjee Insurance Co (KAR:AICL), the current Cyclically Adjusted Book per Share is ₨88.67 as of Mar. 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 Adamjee Insurance Co (KAR:AICL) Overvalued in 2026?

Based on GuruFocus' analysis, Adamjee Insurance Co stock appears to be overvalued. The current stock price of ₨76.79 is trading 24.3% above its estimated GF Value™ of ₨61.80. GuruFocus considers Adamjee Insurance Co to be Modestly Overvalued.

Key valuation signals for KAR:AICL:

  • Cyclically Adjusted Book per Share: ₨88.67
  • GF Value™: ₨61.80 vs. price of ₨76.79 (24.3% above fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Adamjee Insurance Co Business Description

Address Main Boulevard, Gulberg-III, 80/A, Block E-1, Adamjee House Building, Lahore, PAK, 54000
Adamjee Insurance Co Ltd is an insurance company engaged in providing insurance to various categories of businesses, such as Fire and Property, Marine Aviation and Transport, Motor, Accident and Health, and Miscellaneous Insurance. Some of the company's high-risk-value projects include the risk-coverage provision to Petrochemical Factories and Industrial Risk projects. It has five primary business segments for reporting purposes, namely Fire & property, marine aviation & transport, motor, accident & health, and miscellaneous. The company generates the majority of its revenue from the Motor segment.
69GF Score

Get the complete analysis for KAR:AICL

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨76.79
Price
₨61.80
GF Value