Honda Atlas Cars Pakistan (KAR:HCAR) Cyclically Adjusted Book per Share: ₨148.84 (As of Mar. 2026)


KAR:HCAR Honda Atlas Cars Pakistan Ltd KAR:HCAR
59 GF Score
Price ₨251.78
GF Value ₨463.25
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share?

Honda Atlas Cars Pakistan KAR:HCAR +5.72% 59 Cyclically Adjusted Book per Share is ₨148.84 as of Mar. 2026. GuruFocus rates KAR:HCAR with a GF Score™ of 59/100 and a GF Value™ of ₨463.25 (Significantly Undervalued). The stock has 2 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.

Honda Atlas Cars Pakistan's adjusted book value per share for the three months ended in Mar. 2026 was ₨178.138. 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 ₨148.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Honda Atlas Cars Pakistan's average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 Honda Atlas Cars Pakistan was 13.50% per year. The lowest was 12.40% per year. And the median was 12.95% per year.

As of today (2026-07-05), Honda Atlas Cars Pakistan's current stock price is ₨251.78. Honda Atlas Cars Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨148.84. Honda Atlas Cars Pakistan's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Honda Atlas Cars Pakistan was 3.26. The lowest was 0.79. And the median was 1.98.


Honda Atlas Cars Pakistan  (KAR:HCAR) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=251.78/148.84
=1.69

* 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 Honda Atlas Cars Pakistan was 3.26. The lowest was 0.79. And the median was 1.98.


Be Aware

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


Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share Related Terms


Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Honda Atlas Cars Pakistan'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.

Honda Atlas Cars Pakistan Cyclically Adjusted Book per Share Chart

Honda Atlas Cars Pakistan 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 91.52 104.79 118.82 133.70 148.84

Honda Atlas Cars Pakistan 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 133.70 137.60 141.25 143.58 148.84

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

For the Auto Manufacturers subindustry, Honda Atlas Cars Pakistan'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.


Honda Atlas Cars Pakistan Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


KAR:HCAR
59GF Score
Honda Atlas Cars Pakistan Ltd KAR:HCAR
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honda Atlas Cars Pakistan 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, Honda Atlas Cars Pakistan'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)
=178.138/330.2130*330.2130
=178.138

Current CPI (Mar. 2026) = 330.2130.

Honda Atlas Cars Pakistan Quarterly Data

Book Value per Share CPI Adj_Book
201606 62.967 241.018 86.270
201609 66.282 241.428 90.657
201612 76.731 241.432 104.947
201703 91.491 243.801 123.919
201706 93.100 244.955 125.504
201709 100.249 246.819 134.121
201712 110.170 246.524 147.570
201803 119.562 249.554 158.206
201806 104.169 251.989 136.506
201809 111.384 252.439 145.700
201812 115.596 251.233 151.936
201903 123.436 254.202 160.346
201906 112.979 256.143 145.650
201909 116.548 256.759 149.890
201912 116.259 256.974 149.393
202003 115.947 258.115 148.334
202006 112.369 257.797 143.934
202009 115.969 260.280 147.128
202012 121.233 260.474 153.692
202103 127.424 264.877 158.855
202106 129.404 271.696 157.275
202109 135.981 274.310 163.693
202112 139.104 278.802 164.755
202203 139.781 287.504 160.546
202206 137.390 296.311 153.109
202209 134.692 296.808 149.851
202212 140.370 296.797 156.174
202303 134.904 301.836 147.587
202306 135.919 305.109 147.102
202309 140.649 307.789 150.896
202312 141.652 306.746 152.489
202403 151.646 312.332 160.328
202406 146.565 314.175 154.047
202409 148.370 315.301 155.387
202412 152.336 315.605 159.387
202503 164.140 319.799 169.485
202506 161.941 322.561 165.783
202509 167.138 324.800 169.923
202512 171.728 324.054 174.992
202603 178.138 330.213 178.138

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 ₨148.84 mean?
Honda Atlas Cars Pakistan (KAR:HCAR) has a Cyclically Adjusted Book per Share of ₨148.84 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 Honda Atlas Cars Pakistan and its competitors.
Is Honda Atlas Cars Pakistan's Cyclically Adjusted Book per Share too high?
Honda Atlas Cars Pakistan's current Cyclically Adjusted Book per Share is ₨148.84. Overall, Honda Atlas Cars Pakistan has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honda Atlas Cars Pakistan's Cyclically Adjusted Book per Share compare to TSLA and GM?
Honda Atlas Cars Pakistan's Cyclically Adjusted Book per Share of ₨148.84 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 Honda Atlas Cars Pakistan and its competitors. Honda Atlas Cars Pakistan's current Cyclically Adjusted Book per Share is ₨148.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda Atlas Cars Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Honda Atlas Cars Pakistan (KAR:HCAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₨463.25, compared to a current price of ₨251.78 — trading 45.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₨148.84. Honda Atlas Cars Pakistan's overall GF Score™ is 59/100 with 2 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 Honda Atlas Cars Pakistan (KAR:HCAR), the current Cyclically Adjusted Book per Share is ₨148.84 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 Honda Atlas Cars Pakistan (KAR:HCAR) Overvalued in 2026?

Based on GuruFocus' analysis, Honda Atlas Cars Pakistan stock appears to be undervalued. The current stock price of ₨251.78 is trading 45.6% below its estimated GF Value™ of ₨463.25. GuruFocus considers Honda Atlas Cars Pakistan to be Significantly Undervalued.

Key valuation signals for KAR:HCAR:

  • Cyclically Adjusted Book per Share: ₨148.84
  • GF Value™: ₨463.25 vs. price of ₨251.78 (45.6% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


Honda Atlas Cars Pakistan Business Description

Address 1-Mcleod Road, Lahore, PB, PAK
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its segments include the Manufacturing and Trading segment. The manufacturing segment relates to the sale of locally manufactured cars and parts, and the Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as the Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with technology features. Honda derives the majority of its revenue from the Manufacturing segment. Geographically, it operates in Pakistan, Thailand, and Japan.
59GF Score

Get the complete analysis for KAR:HCAR

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

₨251.78
Price
₨463.25
GF Value