Mari Energies (KAR:MARI) Cyclically Adjusted Book per Share: ₨115.30 (As of Mar. 2026)


KAR:MARI Mari Energies Ltd KAR:MARI
100 GF Score
Price ₨675.87
GF Value ₨523.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Mari Energies Cyclically Adjusted Book per Share?

Mari Energies KAR:MARI -2.46% 100 Cyclically Adjusted Book per Share is ₨115.30 as of Mar. 2026. GuruFocus rates KAR:MARI with a GF Score™ of 100/100 and a GF Value™ of ₨523.77 (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.

Mari Energies's adjusted book value per share for the three months ended in Mar. 2026 was ₨237.692. 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 ₨115.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mari Energies's average Cyclically Adjusted Book Growth Rate was 27.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.00% 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 Mari Energies was 29.60% per year. The lowest was 26.00% per year. And the median was 27.80% per year.

As of today (2026-07-09), Mari Energies's current stock price is ₨675.87. Mari Energies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨115.30. Mari Energies's Cyclically Adjusted PB Ratio of today is 5.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mari Energies was 10.25. The lowest was 2.72. And the median was 4.69.


Mari Energies  (KAR:MARI) 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.

Mari Energies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=675.87/115.30
=5.86

* 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 Mari Energies was 10.25. The lowest was 2.72. And the median was 4.69.


Be Aware

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


Mari Energies Cyclically Adjusted Book per Share Related Terms


Mari Energies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mari Energies'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.

Mari Energies Cyclically Adjusted Book per Share Chart

Mari Energies 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 34.68 48.43 58.52 75.41 96.89

Mari Energies 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 90.77 96.89 102.65 107.74 115.30

KAR:MARI vs COP, EOG, FANG: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas E&P subindustry, Mari Energies'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.


Mari Energies Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mari Energies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:MARI
100GF Score
Mari Energies Ltd KAR:MARI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mari Energies 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, Mari Energies'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)
=237.692/330.2130*330.2130
=237.692

Current CPI (Mar. 2026) = 330.2130.

Mari Energies Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.131 241.018 19.361
201609 16.242 241.428 22.215
201612 17.780 241.432 24.318
201703 18.916 243.801 25.621
201706 21.270 244.955 28.673
201709 24.078 246.819 32.213
201712 26.745 246.524 35.824
201803 29.729 249.554 39.338
201806 33.476 251.989 43.868
201809 37.759 252.439 49.392
201812 42.456 251.233 55.803
201903 46.843 254.202 60.850
201906 52.978 256.143 68.298
201909 59.194 256.759 76.128
201912 65.060 256.974 83.602
202003 71.664 258.115 91.682
202006 77.584 257.797 99.378
202009 84.913 260.280 107.728
202012 91.022 260.474 115.392
202103 96.148 264.877 119.864
202106 96.228 271.696 116.953
202109 103.806 274.310 124.961
202112 101.696 278.802 120.449
202203 103.877 287.504 119.308
202206 108.992 296.311 121.462
202209 112.954 296.808 125.667
202212 122.179 296.797 135.935
202303 126.938 301.836 138.872
202306 140.282 305.109 151.824
202309 149.823 307.789 160.738
202312 165.230 306.746 177.871
202403 165.938 312.332 175.438
202406 187.326 314.175 196.889
202409 188.406 315.301 197.317
202412 197.798 315.605 206.953
202503 211.225 319.799 218.103
202506 226.455 322.561 231.827
202509 217.845 324.800 221.476
202512 228.524 324.054 232.867
202603 237.692 330.213 237.692

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 ₨115.30 mean?
Mari Energies (KAR:MARI) has a Cyclically Adjusted Book per Share of ₨115.30 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 Mari Energies and its competitors.
Is Mari Energies' Cyclically Adjusted Book per Share too high?
Mari Energies' current Cyclically Adjusted Book per Share is ₨115.30. Overall, Mari Energies has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mari Energies' Cyclically Adjusted Book per Share compare to COP and EOG?
Mari Energies' Cyclically Adjusted Book per Share of ₨115.30 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 Mari Energies and its competitors. Mari Energies's current Cyclically Adjusted Book per Share is ₨115.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mari Energies stock overvalued right now?
Based on GuruFocus' analysis, Mari Energies (KAR:MARI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨523.77, compared to a current price of ₨675.87 — trading 29% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨115.30. Mari Energies' overall GF Score™ is 100/100 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 Mari Energies (KAR:MARI), the current Cyclically Adjusted Book per Share is ₨115.30 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 Mari Energies (KAR:MARI) Overvalued in 2026?

Based on GuruFocus' analysis, Mari Energies stock appears to be overvalued. The current stock price of ₨675.87 is trading 29% above its estimated GF Value™ of ₨523.77. GuruFocus considers Mari Energies to be Modestly Overvalued.

Key valuation signals for KAR:MARI:

  • Cyclically Adjusted Book per Share: ₨115.30
  • GF Value™: ₨523.77 vs. price of ₨675.87 (29% above fair value)
  • GF Score™: 100/100 with 4 warning signs

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


Mari Energies Business Description

Industry EnergyOil & Gas
Address 21, Mauve Area, 3rd Road, G-10/4, P.O. Box 1614, Islamabad, PB, PAK, 44000
Mari Energies Ltd, through its Holding Company, is principally engaged in exploration, production, and sale of hydrocarbons. Additionally, the Group, through its subsidiaries, is principally engaged in mineral mining activities and the establishment and running of data centers, cloud computing, artificial intelligence, and other new technologies.
100GF Score

Get the complete analysis for KAR:MARI

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

₨675.87
Price
₨523.77
GF Value