Pakistan Tobacco Co (KAR:PAKT) Cyclically Adjusted Book per Share: ₨132.05 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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KAR:PAKT Pakistan Tobacco Co Ltd KAR:PAKT
93 GF Score
Price ₨1,392.88
GF Value ₨1,551.19
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Pakistan Tobacco Co Cyclically Adjusted Book per Share?

Pakistan Tobacco Co KAR:PAKT -0.32% 93 Cyclically Adjusted Book per Share is ₨132.05 as of Jun. 2026. GuruFocus rates KAR:PAKT with a GF Score™ of 93/100 and a GF Value™ of ₨1,551.19 (Modestly Undervalued). 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.

Pakistan Tobacco Co's adjusted book value per share for the three months ended in Jun. 2026 was ₨194.279. 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 ₨132.05 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Pakistan Tobacco Co's average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.40% 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 Pakistan Tobacco Co was 19.90% per year. The lowest was 19.40% per year. And the median was 19.65% per year.

As of today (2026-09-04), Pakistan Tobacco Co's current stock price is ₨1392.88. Pakistan Tobacco Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₨132.05. Pakistan Tobacco Co's Cyclically Adjusted PB Ratio of today is 10.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pakistan Tobacco Co was 25.52. The lowest was 7.78. And the median was 11.83.


Pakistan Tobacco Co  (KAR:PAKT) 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.

Pakistan Tobacco Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1392.88/132.05
=10.55

* 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 Pakistan Tobacco Co was 25.52. The lowest was 7.78. And the median was 11.83.


Be Aware

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


Pakistan Tobacco Co Cyclically Adjusted Book per Share Related Terms


Pakistan Tobacco Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Pakistan Tobacco Co'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.

Pakistan Tobacco Co Cyclically Adjusted Book per Share Chart

Pakistan Tobacco Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.26 71.75 85.79 105.62 122.24

Pakistan Tobacco Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 115.56 119.31 122.24 127.49 132.05

KAR:PAKT vs PM, MO, TPB: Cyclically Adjusted Book per Share Comparison

For the Tobacco subindustry, Pakistan Tobacco Co'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.


Pakistan Tobacco Co Cyclically Adjusted PB Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Pakistan Tobacco Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan Tobacco Co's Cyclically Adjusted PB Ratio falls into.


KAR:PAKT
93GF Score
Pakistan Tobacco Co Ltd KAR:PAKT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan Tobacco Co 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, Pakistan Tobacco Co'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)
=194.279/333.9520*333.9520
=194.279

Current CPI (Jun. 2026) = 333.9520.

Pakistan Tobacco Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 48.939 241.428 67.694
201612 50.790 241.432 70.253
201703 56.722 243.801 77.696
201706 51.440 244.955 70.129
201709 66.229 246.819 89.609
201712 66.190 246.524 89.664
201803 80.477 249.554 107.694
201806 71.023 251.989 94.124
201809 75.573 252.439 99.976
201812 69.534 251.233 92.428
201903 80.463 254.202 105.706
201906 75.141 256.143 97.967
201909 73.616 256.759 95.748
201912 71.590 256.974 93.035
202003 82.630 258.115 106.908
202006 78.393 257.797 101.551
202009 77.976 260.280 100.047
202012 76.373 260.474 97.917
202103 93.967 264.877 118.472
202106 85.351 271.696 104.908
202109 77.960 274.310 94.910
202112 70.347 278.802 84.262
202203 89.472 287.504 103.927
202206 75.663 296.311 85.275
202209 98.036 296.808 110.305
202212 104.207 296.797 117.252
202303 130.603 301.836 144.499
202306 147.425 305.109 161.362
202309 186.154 307.789 201.978
202312 200.847 306.746 218.661
202403 223.911 312.332 239.410
202406 219.229 314.175 233.029
202409 195.789 315.301 207.371
202412 204.662 315.605 216.560
202503 200.599 319.799 209.477
202506 207.224 322.561 214.542
202509 178.336 324.800 183.361
202512 183.816 324.054 189.431
202603 188.267 330.213 190.399
202606 194.279 333.952 194.279

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 ₨132.05 mean?
Pakistan Tobacco Co (KAR:PAKT) has a Cyclically Adjusted Book per Share of ₨132.05 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 Pakistan Tobacco Co and its competitors.
Is Pakistan Tobacco Co's Cyclically Adjusted Book per Share too high?
Pakistan Tobacco Co's current Cyclically Adjusted Book per Share is ₨132.05. Overall, Pakistan Tobacco Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Tobacco Co's Cyclically Adjusted Book per Share compare to PM and MO?
Pakistan Tobacco Co's Cyclically Adjusted Book per Share of ₨132.05 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Cyclically Adjusted Book per Share depends on the Tobacco Products 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 Pakistan Tobacco Co and its competitors. Pakistan Tobacco Co's current Cyclically Adjusted Book per Share is ₨132.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Tobacco Co stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Tobacco Co (KAR:PAKT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨1,551.19, compared to a current price of ₨1,392.88 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₨132.05. Pakistan Tobacco Co's overall GF Score™ is 93/100 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 Pakistan Tobacco Co (KAR:PAKT), the current Cyclically Adjusted Book per Share is ₨132.05 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 Pakistan Tobacco Co (KAR:PAKT) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Tobacco Co stock appears to be undervalued. The current stock price of ₨1,392.88 is trading 10.2% below its estimated GF Value™ of ₨1,551.19. GuruFocus considers Pakistan Tobacco Co to be Modestly Undervalued.

Key valuation signals for KAR:PAKT:

  • Cyclically Adjusted Book per Share: ₨132.05
  • GF Value™: ₨1,551.19 vs. price of ₨1,392.88 (10.2% below fair value)
  • GF Score™: 93/100 with 4 warning signs

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


Pakistan Tobacco Co Business Description

Address Khayaban-e-Suhrwardy, P.O. Box 2549, Serena Business Complex, Islamabad, PAK, 44000
Pakistan Tobacco Co Ltd is engaged in the manufacturing and distribution of cigarettes, tobacco, VELO, and VUSE. Its products are marketed through brands like Dunhill, Gold Flake, John Player, Embassy, Capstan, and others. Geographically, the company generates a majority of its revenue from its domestic market and also exports its products to other countries.
93GF Score

Get the complete analysis for KAR:PAKT

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

₨1,392.88
Price
₨1,551.19
GF Value