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Philip Morris (Pakistan) (KAR:PMPK) Cyclically Adjusted Book per Share : ₨61.11 (As of Mar. 2025)


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What is Philip Morris (Pakistan) Cyclically Adjusted Book per Share?

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.

Philip Morris (Pakistan)'s adjusted book value per share for the three months ended in Mar. 2025 was ₨64.027. 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 ₨61.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Philip Morris (Pakistan)'s average Cyclically Adjusted Book Growth Rate was 0.90% 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 (2025-05-30), Philip Morris (Pakistan)'s current stock price is ₨1125.00. Philip Morris (Pakistan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₨61.11. Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio of today is 18.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Philip Morris (Pakistan) was 20.59. The lowest was 4.52. And the median was 9.91.


Philip Morris (Pakistan) Cyclically Adjusted Book per Share Historical Data

The historical data trend for Philip Morris (Pakistan)'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.

* Premium members only.

Philip Morris (Pakistan) Cyclically Adjusted Book per Share Chart

Philip Morris (Pakistan) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 59.84 58.91 60.55

Philip Morris (Pakistan) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
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 60.55 61.12 60.99 60.85 61.11

Competitive Comparison of Philip Morris (Pakistan)'s Cyclically Adjusted Book per Share

For the Tobacco subindustry, Philip Morris (Pakistan)'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.


Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

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

* The bar in red indicates where Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio falls into.


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Philip Morris (Pakistan) 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, Philip Morris (Pakistan)'s adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=64.027/134.9266*134.9266
=64.027

Current CPI (Mar. 2025) = 134.9266.

Philip Morris (Pakistan) Quarterly Data

Book Value per Share CPI Adj_Book
201503 64.400 99.621 87.223
201506 76.027 100.684 101.884
201509 59.282 100.392 79.675
201512 43.023 99.792 58.170
201603 58.684 100.470 78.810
201606 67.966 101.688 90.182
201609 53.555 101.861 70.940
201612 51.315 101.863 67.971
201703 46.436 102.862 60.911
201706 44.016 103.349 57.465
201709 52.830 104.136 68.451
201712 40.130 104.011 52.058
201803 39.571 105.290 50.710
201806 39.604 106.317 50.261
201809 42.158 106.507 53.407
201812 35.410 105.998 45.074
201903 14.855 107.251 18.688
201906 25.677 108.070 32.058
201909 12.977 108.329 16.163
201912 3.585 108.420 4.461
202003 9.454 108.902 11.713
202006 23.708 108.767 29.410
202009 33.054 109.815 40.613
202012 10.448 109.897 12.828
202103 22.115 111.754 26.701
202106 38.082 114.631 44.824
202109 43.782 115.734 51.042
202112 47.765 117.630 54.789
202203 66.437 121.301 73.900
202206 72.093 125.017 77.808
202209 85.772 125.227 92.416
202212 78.023 125.222 84.070
202303 84.183 127.348 89.193
202306 83.848 128.729 87.885
202309 88.512 129.860 91.966
202312 83.870 129.419 87.439
202403 90.984 131.776 93.159
202406 92.561 132.554 94.218
202409 90.657 133.029 91.950
202503 64.027 134.927 64.027

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Philip Morris (Pakistan)  (KAR:PMPK) 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.

Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1125.00/61.11
=18.41

* 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 Philip Morris (Pakistan) was 20.59. The lowest was 4.52. And the median was 9.91.


Be Aware

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


Philip Morris (Pakistan) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Philip Morris (Pakistan)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Philip Morris (Pakistan) Business Description

Traded in Other Exchanges
N/A
Address
Plot HC-3, Block 4, Corporate Office Block, Office 04 & 05, 5th Floor, Dolmen City, Clifton, Karachi, SD, PAK, 75600
Philip Morris (Pakistan) Ltd is a cigarette manufacturing company engaged in the manufacture, distribution, and sale of cigarettes, tobacco products, and other smoke-free products in Pakistan.

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