Atlas Honda (KAR:ATLH) Cyclically Adjusted Book per Share: ₨206.41 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:ATLH Atlas Honda Ltd KAR:ATLH
86 GF Score
Price ₨1,584.88
GF Value ₨1,461.12
Valuation Fairly Valued
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What is Atlas Honda Cyclically Adjusted Book per Share?

Atlas Honda KAR:ATLH -0.91% 86 Cyclically Adjusted Book per Share is ₨206.41 as of Jun. 2026. GuruFocus rates KAR:ATLH with a GF Score™ of 86/100 and a GF Value™ of ₨1,461.12 (Fairly Valued).

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.

Atlas Honda's adjusted book value per share for the three months ended in Jun. 2026 was ₨367.332. 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 ₨206.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Atlas Honda's average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.10% 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 Atlas Honda was 14.10% per year. The lowest was 12.60% per year. And the median was 13.35% per year.

As of today (2026-08-26), Atlas Honda's current stock price is ₨1584.88. Atlas Honda's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₨206.41. Atlas Honda's Cyclically Adjusted PB Ratio of today is 7.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlas Honda was 10.06. The lowest was 1.88. And the median was 3.87.


Atlas Honda  (KAR:ATLH) 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.

Atlas Honda's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1584.88/206.41
=7.68

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlas Honda was 10.06. The lowest was 1.88. And the median was 3.87.


Be Aware

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


Atlas Honda Cyclically Adjusted Book per Share Related Terms


Atlas Honda Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atlas Honda'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.

Atlas Honda Cyclically Adjusted Book per Share Chart

Atlas Honda Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.83 133.22 149.18 169.81 197.88

Atlas Honda Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 176.15 183.02 188.01 197.88 206.41

KAR:ATLH vs TSLA, GM, F: Cyclically Adjusted Book per Share Comparison

For the Auto Manufacturers subindustry, Atlas Honda'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.


Atlas Honda Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atlas Honda's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Atlas Honda's Cyclically Adjusted PB Ratio falls into.


KAR:ATLH
86GF Score
Atlas Honda Ltd KAR:ATLH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlas Honda 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, Atlas Honda's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=367.332/333.9520*333.9520
=367.332

Current CPI (Jun. 2026) = 333.9520.

Atlas Honda Quarterly Data

Book Value per Share CPI Adj_Book
201609 90.367 241.428 124.999
201612 98.431 241.432 136.151
201703 106.840 243.801 146.347
201706 100.289 244.955 136.726
201709 109.490 246.819 148.143
201712 118.923 246.524 161.098
201803 128.947 249.554 172.556
201806 116.073 251.989 153.827
201809 122.092 252.439 161.516
201812 118.372 251.233 157.346
201903 123.830 254.202 162.679
201906 122.283 256.143 159.429
201909 126.880 256.759 165.026
201912 127.070 256.974 165.135
202003 133.618 258.115 172.876
202006 124.169 257.797 160.849
202009 132.253 260.280 169.687
202012 138.635 260.474 177.743
202103 150.140 264.877 189.294
202106 147.387 271.696 181.159
202109 156.682 274.310 190.749
202112 156.480 278.802 187.433
202203 169.457 287.504 196.834
202206 166.566 296.311 187.725
202209 172.828 296.808 194.457
202212 173.181 296.797 194.861
202303 183.579 301.836 203.112
202306 183.492 305.109 200.838
202309 199.262 307.789 216.200
202312 202.583 306.746 220.551
202403 231.832 312.332 247.880
202406 229.855 314.175 244.324
202409 255.188 315.301 270.283
202412 255.669 315.605 270.532
202503 293.038 319.799 306.007
202506 289.779 322.561 300.012
202509 328.546 324.800 337.804
202512 327.966 324.054 337.983
202603 374.848 330.213 379.092
202606 367.332 333.952 367.332

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 ₨206.41 mean?
Atlas Honda (KAR:ATLH) has a Cyclically Adjusted Book per Share of ₨206.41 as of Jun. 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 Atlas Honda and its competitors.
Is Atlas Honda's Cyclically Adjusted Book per Share too high?
Atlas Honda's current Cyclically Adjusted Book per Share is ₨206.41. Overall, Atlas Honda has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atlas Honda's Cyclically Adjusted Book per Share compare to TSLA and GM?
Atlas Honda's Cyclically Adjusted Book per Share of ₨206.41 can be compared against companies in the Vehicles & Parts 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 a Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Atlas Honda and its competitors. Atlas Honda's current Cyclically Adjusted Book per Share is ₨206.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Honda stock overvalued right now?
Based on GuruFocus' analysis, Atlas Honda (KAR:ATLH) is currently considered Fairly Valued. The stock's GF Value™ is ₨1,461.12, compared to a current price of ₨1,584.88 — trading 8.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨206.41. Atlas Honda's overall GF Score™ is 86/100. 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 Atlas Honda (KAR:ATLH), the current Cyclically Adjusted Book per Share is ₨206.41 as of Jun. 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 Atlas Honda (KAR:ATLH) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Honda stock appears to be overvalued. The current stock price of ₨1,584.88 is trading 8.5% above its estimated GF Value™ of ₨1,461.12. GuruFocus considers Atlas Honda to be Fairly Valued.

Key valuation signals for KAR:ATLH:

  • Cyclically Adjusted Book per Share: ₨206.41
  • GF Value™: ₨1,461.12 vs. price of ₨1,584.88 (8.5% above fair value)
  • GF Score™: 86/100

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


Atlas Honda Business Description

Address 1 Mcleod Road, Lahore, PB, PAK, 54000
Atlas Honda Ltd is principally engaged in progressive manufacturing and marketing of motorcycles and spare parts. The company is Pakistan's main motorcycle manufacturer, committed to delivering reliable and high-quality products and affordable mobility solutions. The Company is engaged in the manufacturing and marketing of motorcycles, spare parts and engine oil in Pakistan. The product portfolio covers a comprehensive range of engine and performance parts, braking and suspension components, body and frame accessories, lubricants, tyres, batteries, and rider accessories designed to support optimum motorcycle performance, durability, safety, and riding comfort. The company has operating in Single segment.
86GF Score

Get the complete analysis for KAR:ATLH

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

₨1,584.88
Price
₨1,461.12
GF Value