Nishat Chunian Power (KAR:NCPL) Cyclically Adjusted Book per Share: ₨59.83 (As of Mar. 2026)


KAR:NCPL Nishat Chunian Power Ltd KAR:NCPL
58 GF Score
Price ₨64.44
GF Value ₨14.05
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nishat Chunian Power Cyclically Adjusted Book per Share?

Nishat Chunian Power KAR:NCPL -0.34% 58 Cyclically Adjusted Book per Share is ₨59.83 as of Mar. 2026. GuruFocus rates KAR:NCPL with a GF Score™ of 58/100 and a GF Value™ of ₨14.05 (Significantly Overvalued). The stock has 6 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 Power's adjusted book value per share for the three months ended in Mar. 2026 was ₨67.531. 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 ₨59.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nishat Chunian Power's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% 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 Nishat Chunian Power was 15.90% per year. The lowest was 12.00% per year. And the median was 13.95% per year.

As of today (2026-07-07), Nishat Chunian Power's current stock price is ₨64.44. Nishat Chunian Power's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨59.83. Nishat Chunian Power's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nishat Chunian Power was 1.47. The lowest was 0.33. And the median was 0.48.


Nishat Chunian Power  (KAR:NCPL) 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 Power's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=64.44/59.83
=1.08

* 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 Power was 1.47. The lowest was 0.33. And the median was 0.48.


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 Power Cyclically Adjusted Book per Share Related Terms


Nishat Chunian Power Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Nishat Chunian Power'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 Power Cyclically Adjusted Book per Share Chart

Nishat Chunian Power 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 32.46 39.98 44.15 50.53 56.11

Nishat Chunian Power 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 54.73 56.11 57.38 57.75 59.83

KAR:NCPL vs CEG, VST, NRG: Cyclically Adjusted Book per Share Comparison

For the Utilities - Independent Power Producers subindustry, Nishat Chunian Power'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 Power Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Chunian Power's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:NCPL
58GF Score
Nishat Chunian Power Ltd KAR:NCPL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat Chunian Power 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 Power'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)
=67.531/330.2130*330.2130
=67.531

Current CPI (Mar. 2026) = 330.2130.

Nishat Chunian Power Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.852 241.018 27.199
201609 21.855 241.428 29.892
201612 20.611 241.432 28.190
201703 22.663 243.801 30.696
201706 25.018 244.955 33.726
201709 27.457 246.819 36.734
201712 28.769 246.524 38.535
201803 31.028 249.554 41.057
201806 33.291 251.989 43.625
201809 35.734 252.439 46.743
201812 36.839 251.233 48.420
201903 37.884 254.202 49.212
201906 39.092 256.143 50.396
201909 41.999 256.759 54.014
201912 44.802 256.974 57.571
202003 48.352 258.115 61.858
202006 51.629 257.797 66.132
202009 54.242 260.280 68.816
202012 55.510 260.474 70.372
202103 57.246 264.877 71.367
202106 58.460 271.696 71.051
202109 60.126 274.310 72.379
202112 61.626 278.802 72.990
202203 63.642 287.504 73.096
202206 65.276 296.311 72.744
202209 57.889 296.808 64.404
202212 60.280 296.797 67.067
202303 62.712 301.836 68.608
202306 66.047 305.109 71.481
202309 69.819 307.789 74.906
202312 72.648 306.746 78.206
202403 76.522 312.332 80.903
202406 79.419 314.175 83.473
202409 83.409 315.301 87.354
202412 64.258 315.605 67.232
202503 65.486 319.799 67.618
202506 63.229 322.561 64.729
202509 64.732 324.800 65.811
202512 65.677 324.054 66.925
202603 67.531 330.213 67.531

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 ₨59.83 mean?
Nishat Chunian Power (KAR:NCPL) has a Cyclically Adjusted Book per Share of ₨59.83 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 Power and its competitors.
Is Nishat Chunian Power's Cyclically Adjusted Book per Share too high?
Nishat Chunian Power's current Cyclically Adjusted Book per Share is ₨59.83. Overall, Nishat Chunian Power has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Chunian Power's Cyclically Adjusted Book per Share compare to CEG and VST?
Nishat Chunian Power's Cyclically Adjusted Book per Share of ₨59.83 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Power and its competitors. Nishat Chunian Power's current Cyclically Adjusted Book per Share is ₨59.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Chunian Power stock overvalued right now?
Based on GuruFocus' analysis, Nishat Chunian Power (KAR:NCPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨14.05, compared to a current price of ₨64.44 — trading 358.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨59.83. Nishat Chunian Power's overall GF Score™ is 58/100 with 6 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 Power (KAR:NCPL), the current Cyclically Adjusted Book per Share is ₨59.83 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 Power (KAR:NCPL) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Chunian Power stock appears to be overvalued. The current stock price of ₨64.44 is trading 358.6% above its estimated GF Value™ of ₨14.05. GuruFocus considers Nishat Chunian Power to be Significantly Overvalued.

Key valuation signals for KAR:NCPL:

  • Cyclically Adjusted Book per Share: ₨59.83
  • GF Value™: ₨14.05 vs. price of ₨64.44 (358.6% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Nishat Chunian Power Business Description

Address 17-B Aziz Avenue, Canal Bank Gulberg V, Lahore, PB, PAK, 54660 Gulberg
Nishat Chunian Power Ltd is a power generation company. The main activity of the company is to build, own, operate and maintain a fuel-fired power station. It generates revenue from the supply of electricity in Pakistan.
58GF Score

Get the complete analysis for KAR:NCPL

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

₨64.44
Price
₨14.05
GF Value