Century Paper & Board Mills (KAR:CEPB) Cyclically Adjusted Book per Share: ₨27.38 (As of Mar. 2026)


KAR:CEPB Century Paper & Board Mills Ltd KAR:CEPB
62 GF Score
Price ₨30.12
GF Value ₨26.85
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Century Paper & Board Mills Cyclically Adjusted Book per Share?

Century Paper & Board Mills KAR:CEPB 62 Cyclically Adjusted Book per Share is ₨27.38 as of Mar. 2026. GuruFocus rates KAR:CEPB with a GF Score™ of 62/100 and a GF Value™ of ₨26.85 (Modestly Overvalued). The stock has 4 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.

Century Paper & Board Mills's adjusted book value per share for the three months ended in Mar. 2026 was ₨32.560. 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 ₨27.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Century Paper & Board Mills's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Century Paper & Board Mills was 11.10% per year. The lowest was 11.10% per year. And the median was 11.10% per year.

As of today (2026-06-28), Century Paper & Board Mills's current stock price is ₨30.12. Century Paper & Board Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨27.38. Century Paper & Board Mills's Cyclically Adjusted PB Ratio of today is 1.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Century Paper & Board Mills was 2.07. The lowest was 0.84. And the median was 1.26.


Century Paper & Board Mills  (KAR:CEPB) 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.

Century Paper & Board Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.12/27.38
=1.10

* 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 Century Paper & Board Mills was 2.07. The lowest was 0.84. And the median was 1.26.


Be Aware

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


Century Paper & Board Mills Cyclically Adjusted Book per Share Related Terms


Century Paper & Board Mills Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Century Paper & Board Mills'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.

Century Paper & Board Mills Cyclically Adjusted Book per Share Chart

Century Paper & Board Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 18.58 20.73 23.04 25.50

Century Paper & Board Mills 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 24.84 25.50 26.12 26.48 27.38

KAR:CEPB vs SLVM: Cyclically Adjusted Book per Share Comparison

For the Paper & Paper Products subindustry, Century Paper & Board Mills'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.


Century Paper & Board Mills Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Century Paper & Board Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Century Paper & Board Mills's Cyclically Adjusted PB Ratio falls into.


KAR:CEPB
62GF Score
Century Paper & Board Mills Ltd KAR:CEPB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Century Paper & Board Mills 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, Century Paper & Board Mills'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)
=32.56/330.2130*330.2130
=32.560

Current CPI (Mar. 2026) = 330.2130.

Century Paper & Board Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.321 241.018 16.881
201609 12.408 241.428 16.971
201612 12.913 241.432 17.661
201703 15.696 243.801 21.259
201706 11.978 244.955 16.147
201709 12.356 246.819 16.531
201712 12.461 246.524 16.691
201803 13.232 249.554 17.509
201806 13.795 251.989 18.077
201809 13.888 252.439 18.167
201812 14.516 251.233 19.079
201903 15.082 254.202 19.592
201906 15.406 256.143 19.861
201909 15.390 256.759 19.793
201912 16.518 256.974 21.226
202003 17.435 258.115 22.305
202006 18.875 257.797 24.177
202009 20.527 260.280 26.042
202012 22.088 260.474 28.002
202103 24.253 264.877 30.235
202106 25.695 271.696 31.229
202109 26.605 274.310 32.027
202112 27.732 278.802 32.846
202203 29.504 287.504 33.887
202206 30.436 296.311 33.918
202209 31.030 296.808 34.522
202212 30.911 296.797 34.391
202303 32.273 301.836 35.307
202306 32.640 305.109 35.326
202309 33.386 307.789 35.818
202312 33.522 306.746 36.087
202403 34.304 312.332 36.268
202406 34.059 314.175 35.798
202409 34.425 315.301 36.053
202412 34.558 315.605 36.158
202503 34.232 319.799 35.347
202506 33.395 322.561 34.187
202509 33.429 324.800 33.986
202512 32.720 324.054 33.342
202603 32.560 330.213 32.560

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 ₨27.38 mean?
Century Paper & Board Mills (KAR:CEPB) has a Cyclically Adjusted Book per Share of ₨27.38 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 Century Paper & Board Mills and its competitors.
Is Century Paper & Board Mills' Cyclically Adjusted Book per Share too high?
Century Paper & Board Mills' current Cyclically Adjusted Book per Share is ₨27.38. Overall, Century Paper & Board Mills has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Century Paper & Board Mills' Cyclically Adjusted Book per Share compare to SLVM?
Century Paper & Board Mills' Cyclically Adjusted Book per Share of ₨27.38 can be compared against companies in the Forest Products 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 Forest Products company?
A good Cyclically Adjusted Book per Share depends on the Forest Products 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 Century Paper & Board Mills and its competitors. Century Paper & Board Mills's current Cyclically Adjusted Book per Share is ₨27.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Paper & Board Mills stock overvalued right now?
Based on GuruFocus' analysis, Century Paper & Board Mills (KAR:CEPB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨26.85, compared to a current price of ₨30.12 — trading 12.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨27.38. Century Paper & Board Mills' overall GF Score™ is 62/100 with 4 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 Century Paper & Board Mills (KAR:CEPB), the current Cyclically Adjusted Book per Share is ₨27.38 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 Century Paper & Board Mills (KAR:CEPB) Overvalued in 2026?

Based on GuruFocus' analysis, Century Paper & Board Mills stock appears to be overvalued. The current stock price of ₨30.12 is trading 12.2% above its estimated GF Value™ of ₨26.85. GuruFocus considers Century Paper & Board Mills to be Modestly Overvalued.

Key valuation signals for KAR:CEPB:

  • Cyclically Adjusted Book per Share: ₨27.38
  • GF Value™: ₨26.85 vs. price of ₨30.12 (12.2% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Century Paper & Board Mills Business Description

Address Sarwar Shaheed Road, Lakson Square, Building No. 2, Karachi, SD, PAK, 74200
Century Paper & Board Mills Ltd is a Pakistan-based company engaged in the manufacturing and marketing of paper, board, and related products. Its product portfolio consists of Coated Brand, Uncoated Brand, MF Paper, MG Paper, Corrugated Boxes, and others.
62GF Score

Get the complete analysis for KAR:CEPB

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

₨30.12
Price
₨26.85
GF Value