Nishat (Chunian) (KAR:NCL) Cyclically Adjusted Book per Share: ₨105.73 (As of Mar. 2026)


KAR:NCL Nishat (Chunian) Ltd KAR:NCL
63 GF Score
Price ₨40.45
GF Value ₨31.51
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Nishat (Chunian) Cyclically Adjusted Book per Share?

Nishat (Chunian) KAR:NCL -0.07% 63 Cyclically Adjusted Book per Share is ₨105.73 as of Mar. 2026. GuruFocus rates KAR:NCL with a GF Score™ of 63/100 and a GF Value™ of ₨31.51 (Modestly Overvalued). The stock has 9 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.

Nishat (Chunian)'s adjusted book value per share for the three months ended in Mar. 2026 was ₨93.404. 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 ₨105.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nishat (Chunian)'s average Cyclically Adjusted Book Growth Rate was 4.90% 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.

As of today (2026-07-05), Nishat (Chunian)'s current stock price is ₨40.45. Nishat (Chunian)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨105.73. Nishat (Chunian)'s Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nishat (Chunian) was 0.55. The lowest was 0.21. And the median was 0.31.


Nishat (Chunian)  (KAR:NCL) 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.

Nishat (Chunian)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.45/105.73
=0.38

* 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 Nishat (Chunian) was 0.55. The lowest was 0.21. And the median was 0.31.


Be Aware

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


Nishat (Chunian) Cyclically Adjusted Book per Share Related Terms


Nishat (Chunian) Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nishat (Chunian)'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.

Nishat (Chunian) Cyclically Adjusted Book per Share Chart

Nishat (Chunian) 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 0.00 94.53 97.23 101.97

Nishat (Chunian) 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 100.81 101.97 102.94 103.25 105.73

Nishat (Chunian) Cyclically Adjusted Book per Share Competitor Comparison

For the Textile Manufacturing subindustry, Nishat (Chunian)'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.


Nishat (Chunian) Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat (Chunian)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nishat (Chunian)'s Cyclically Adjusted PB Ratio falls into.


KAR:NCL
63GF Score
Nishat (Chunian) Ltd KAR:NCL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat (Chunian) 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, Nishat (Chunian)'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)
=93.404/330.2130*330.2130
=93.404

Current CPI (Mar. 2026) = 330.2130.

Nishat (Chunian) Quarterly Data

Book Value per Share CPI Adj_Book
201606 54.499 241.018 74.668
201609 0.000 241.428 0.000
201612 55.817 241.432 76.342
201703 58.374 243.801 79.064
201706 62.209 244.955 83.861
201709 63.511 246.819 84.970
201712 64.072 246.524 85.823
201803 68.858 249.554 91.114
201806 75.271 251.989 98.637
201809 80.956 252.439 105.898
201812 80.969 251.233 106.423
201903 83.133 254.202 107.991
201906 85.095 256.143 109.702
201909 87.111 256.759 112.032
201912 87.651 256.974 112.632
202003 89.202 258.115 114.118
202006 90.366 257.797 115.750
202009 94.408 260.280 119.774
202012 97.824 260.474 124.015
202103 107.150 264.877 133.580
202106 118.072 271.696 143.502
202109 128.593 274.310 154.800
202112 135.173 278.802 160.099
202203 142.208 287.504 163.333
202206 146.005 296.311 162.710
202209 93.282 296.808 103.781
202212 82.164 296.797 91.415
202303 83.785 301.836 91.662
202306 85.676 305.109 92.725
202309 87.828 307.789 94.227
202312 84.070 306.746 90.502
202403 85.626 312.332 90.528
202406 88.631 314.175 93.155
202409 88.784 315.301 92.983
202412 89.712 315.605 93.864
202503 90.651 319.799 93.603
202506 90.762 322.561 92.915
202509 92.912 324.800 94.460
202512 91.784 324.054 93.528
202603 93.404 330.213 93.404

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 ₨105.73 mean?
Nishat (Chunian) (KAR:NCL) has a Cyclically Adjusted Book per Share of ₨105.73 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 Nishat (Chunian) and its competitors.
Is Nishat (Chunian)'s Cyclically Adjusted Book per Share too high?
Nishat (Chunian)'s current Cyclically Adjusted Book per Share is ₨105.73. Overall, Nishat (Chunian) has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat (Chunian)'s Cyclically Adjusted Book per Share compare to competitors?
Nishat (Chunian)'s Cyclically Adjusted Book per Share of ₨105.73 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories 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 Nishat (Chunian) and its competitors. Nishat (Chunian)'s current Cyclically Adjusted Book per Share is ₨105.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat (Chunian) stock overvalued right now?
Based on GuruFocus' analysis, Nishat (Chunian) (KAR:NCL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨31.51, compared to a current price of ₨40.45 — trading 28.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨105.73. Nishat (Chunian)'s overall GF Score™ is 63/100 with 9 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 Nishat (Chunian) (KAR:NCL), the current Cyclically Adjusted Book per Share is ₨105.73 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 Nishat (Chunian) (KAR:NCL) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat (Chunian) stock appears to be overvalued. The current stock price of ₨40.45 is trading 28.4% above its estimated GF Value™ of ₨31.51. GuruFocus considers Nishat (Chunian) to be Modestly Overvalued.

Key valuation signals for KAR:NCL:

  • Cyclically Adjusted Book per Share: ₨105.73
  • GF Value™: ₨31.51 vs. price of ₨40.45 (28.4% above fair value)
  • GF Score™: 63/100 with 9 warning signs

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


Nishat (Chunian) Business Description

Address 31-Q, Gulberg II, Lahore, PB, PAK, 54660
Nishat (Chunian) Ltd is engaged in the textile business. The company has the following segments namely Spinning; Weaving; Processing and Home Textile; and Power Generation. The company exports its products to Europe, Asia, Africa, Australia, the United States of America, and Pakistan. It is engaged in business of spinning, weaving, dyeing, printing, stitching, processing, doubling, sizing, buying, selling and otherwise dealing in yarn, fabrics and made-ups made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity and steam. The company earns the majority of its revenue from the Spinning Segment.
63GF Score

Get the complete analysis for KAR:NCL

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

₨40.45
Price
₨31.51
GF Value