IGI Holdings (KAR:IGIHL) Cyclically Adjusted Book per Share: ₨ (As of Jun. 2026)

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KAR:IGIHL IGI Holdings Ltd KAR:IGIHL
68 GF Score
Price ₨241.85
GF Value ₨202.88
Valuation Modestly Overvalued
! 2 Warning Signs
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What is IGI Holdings Cyclically Adjusted Book per Share?

IGI Holdings KAR:IGIHL +1.66% 68 Cyclically Adjusted Book per Share is ₨ as of Jun. 2026. GuruFocus rates KAR:IGIHL with a GF Score™ of 68/100 and a GF Value™ of ₨202.88 (Modestly Overvalued). 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.

IGI Holdings's adjusted book value per share for the three months ended in Jun. 2026 was ₨514.205. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, IGI Holdings's average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 IGI Holdings was 11.90% per year. The lowest was 11.00% per year. And the median was 11.45% per year.

As of today (2026-09-21), IGI Holdings's current stock price is ₨241.85. IGI Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . IGI Holdings's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IGI Holdings was 0.82. The lowest was 0.24. And the median was 0.42.


IGI Holdings  (KAR:IGIHL) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IGI Holdings was 0.82. The lowest was 0.24. And the median was 0.42.


Be Aware

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


IGI Holdings Cyclically Adjusted Book per Share Related Terms


IGI Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for IGI Holdings'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.

IGI Holdings Cyclically Adjusted Book per Share Chart

IGI Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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IGI Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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KAR:IGIHL vs CB, PGR, TRV: Cyclically Adjusted Book per Share Comparison

For the Insurance - Property & Casualty subindustry, IGI Holdings'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.


IGI Holdings Cyclically Adjusted PB Ratio vs Insurance Industry

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

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


KAR:IGIHL
68GF Score
IGI Holdings Ltd KAR:IGIHL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGI Holdings 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, IGI Holdings'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)
=514.205/333.9520*333.9520
=514.205

Current CPI (Jun. 2026) = 333.9520.

IGI Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 101.874 241.428 140.916
201612 112.562 241.432 155.697
201703 380.765 243.801 521.562
201706 521.105 244.955 710.433
201709 544.146 246.819 736.243
201712 521.105 246.524 705.911
201803 561.213 249.554 751.013
201806 506.678 251.989 671.482
201809 435.095 252.439 575.588
201812 408.402 251.233 542.869
201903 344.772 254.202 452.936
201906 319.783 256.143 416.924
201909 282.047 256.759 366.843
201912 376.602 256.974 489.415
202003 322.637 258.115 417.431
202006 328.620 257.797 425.697
202009 333.815 260.280 428.301
202012 344.920 260.474 442.220
202103 322.100 264.877 406.098
202106 324.940 271.696 399.396
202109 340.835 274.310 414.941
202112 336.408 278.802 402.953
202203 342.888 287.504 398.284
202206 341.372 296.311 384.737
202209 347.304 296.808 390.767
202212 358.197 296.797 403.038
202303 325.024 301.836 359.607
202306 381.655 305.109 417.734
202309 410.403 307.789 445.289
202312 463.872 306.746 505.014
202403 447.808 312.332 478.806
202406 426.552 314.175 453.403
202409 426.146 315.301 451.354
202412 449.378 315.605 475.502
202503 447.836 319.799 467.655
202506 409.853 322.561 424.327
202509 473.025 324.800 486.354
202512 491.545 324.054 506.559
202603 474.781 330.213 480.157
202606 514.205 333.952 514.205

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 ₨ mean?
IGI Holdings (KAR:IGIHL) has a Cyclically Adjusted Book per Share of ₨ 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 IGI Holdings and its competitors.
Is IGI Holdings' Cyclically Adjusted Book per Share too high?
IGI Holdings' current Cyclically Adjusted Book per Share is ₨. Overall, IGI Holdings has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGI Holdings' Cyclically Adjusted Book per Share compare to CB and PGR?
IGI Holdings' Cyclically Adjusted Book per Share of ₨ 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 IGI Holdings and its competitors. IGI Holdings's current Cyclically Adjusted Book per Share is ₨. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGI Holdings stock overvalued right now?
Based on GuruFocus' analysis, IGI Holdings (KAR:IGIHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨202.88, compared to a current price of ₨241.85 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨. IGI Holdings' overall GF Score™ is 68/100 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 IGI Holdings (KAR:IGIHL), the current Cyclically Adjusted Book per Share is ₨ 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 IGI Holdings (KAR:IGIHL) Overvalued in 2026?

Based on GuruFocus' analysis, IGI Holdings stock appears to be overvalued. The current stock price of ₨241.85 is trading 19.2% above its estimated GF Value™ of ₨202.88. GuruFocus considers IGI Holdings to be Modestly Overvalued.

Key valuation signals for KAR:IGIHL:

  • Cyclically Adjusted Book per Share:
  • GF Value™: ₨202.88 vs. price of ₨241.85 (19.2% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


IGI Holdings Business Description

Address The Forum, Suite 701-713, G-20, Block 9, 7th Floor, Khayaban-e-Jami, Clifton, Karachi, PAK, 75600
IGI Holdings Ltd is a general insurance company along with its subsidiary, which provides home insurance, travel insurance, auto insurance, health insurance, fire insurance, marine insurance, motor insurance, and other insurance services. The company also acts as an investment holding company. It operates and manages separately to the nature of the services of Non-Life Insurance, which includes Fire and property insurance; Marine, aviation, and transport insurance; Motor insurance; Accident and health insurance, Miscellaneous insurance, and Life Insurance, which includes The Life (participating) segment and The Life (non-participating) segment.
68GF Score

Get the complete analysis for KAR:IGIHL

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

₨241.85
Price
₨202.88
GF Value