Security Investment Bank (KAR:SIBL) Cyclically Adjusted Book per Share: ₨14.02 (As of Mar. 2026)


KAR:SIBL Security Investment Bank Ltd KAR:SIBL
56 GF Score
Price ₨7.20
GF Value ₨6.21
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Security Investment Bank Cyclically Adjusted Book per Share?

Security Investment Bank KAR:SIBL -0.96% 56 Cyclically Adjusted Book per Share is ₨14.02 as of Mar. 2026. GuruFocus rates KAR:SIBL with a GF Score™ of 56/100 and a GF Value™ of ₨6.21 (Modestly Overvalued). The stock has 2 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.

Security Investment Bank's adjusted book value per share for the three months ended in Mar. 2026 was ₨13.316. 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 ₨14.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Security Investment Bank's average Cyclically Adjusted Book Growth Rate was 3.90% 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 (2026-07-13), Security Investment Bank's current stock price is ₨7.20. Security Investment Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨14.02. Security Investment Bank's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Security Investment Bank was 0.91. The lowest was 0.50. And the median was 0.62.


Security Investment Bank  (KAR:SIBL) 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.

Security Investment Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.20/14.02
=0.51

* 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 Security Investment Bank was 0.91. The lowest was 0.50. And the median was 0.62.


Be Aware

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


Security Investment Bank Cyclically Adjusted Book per Share Related Terms


Security Investment Bank Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Security Investment Bank'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.

Security Investment Bank Cyclically Adjusted Book per Share Chart

Security Investment Bank 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 0.00 0.00 0.00 0.00 13.78

Security Investment Bank 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 13.50 13.64 13.77 13.78 14.02

KAR:SIBL vs V, MA, AXP: Cyclically Adjusted Book per Share Comparison

For the Credit Services subindustry, Security Investment Bank'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.


Security Investment Bank Cyclically Adjusted PB Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Security Investment Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Security Investment Bank's Cyclically Adjusted PB Ratio falls into.


KAR:SIBL
56GF Score
Security Investment Bank Ltd KAR:SIBL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Security Investment Bank 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, Security Investment Bank'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)
=13.316/330.2130*330.2130
=13.316

Current CPI (Mar. 2026) = 330.2130.

Security Investment Bank Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 10.174 241.432 13.915
201703 10.222 243.801 13.845
201706 10.154 244.955 13.688
201709 10.242 246.819 13.703
201712 10.106 246.524 13.537
201803 10.368 249.554 13.719
201806 10.193 251.989 13.357
201809 13.278 252.439 17.369
201812 10.149 251.233 13.340
201903 10.490 254.202 13.627
201906 10.413 256.143 13.424
201909 10.178 256.759 13.090
201912 10.798 256.974 13.875
202003 10.139 258.115 12.971
202006 10.548 257.797 13.511
202009 12.059 260.280 15.299
202012 12.105 260.474 15.346
202103 12.824 264.877 15.987
202106 13.083 271.696 15.901
202109 0.000 274.310 0.000
202112 12.529 278.802 14.839
202203 12.325 287.504 14.156
202206 11.511 296.311 12.828
202209 11.663 296.808 12.976
202212 11.970 296.797 13.318
202303 11.787 301.836 12.895
202306 12.259 305.109 13.268
202309 12.768 307.789 13.698
202312 13.319 306.746 14.338
202403 13.619 312.332 14.399
202406 13.530 314.175 14.221
202409 13.843 315.301 14.498
202412 14.193 315.605 14.850
202503 14.448 319.799 14.918
202506 13.267 322.561 13.582
202509 13.357 324.800 13.580
202512 13.247 324.054 13.499
202603 13.316 330.213 13.316

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 ₨14.02 mean?
Security Investment Bank (KAR:SIBL) has a Cyclically Adjusted Book per Share of ₨14.02 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 Security Investment Bank and its competitors.
Is Security Investment Bank's Cyclically Adjusted Book per Share too high?
Security Investment Bank's current Cyclically Adjusted Book per Share is ₨14.02. Overall, Security Investment Bank has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Security Investment Bank's Cyclically Adjusted Book per Share compare to V and MA?
Security Investment Bank's Cyclically Adjusted Book per Share of ₨14.02 can be compared against companies in the Credit Services 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 Credit Services company?
A good Cyclically Adjusted Book per Share depends on the Credit Services 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 Security Investment Bank and its competitors. Security Investment Bank's current Cyclically Adjusted Book per Share is ₨14.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Security Investment Bank stock overvalued right now?
Based on GuruFocus' analysis, Security Investment Bank (KAR:SIBL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨6.21, compared to a current price of ₨7.20 — trading 15.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨14.02. Security Investment Bank's overall GF Score™ is 56/100 with 2 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 Security Investment Bank (KAR:SIBL), the current Cyclically Adjusted Book per Share is ₨14.02 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 Security Investment Bank (KAR:SIBL) Overvalued in 2026?

Based on GuruFocus' analysis, Security Investment Bank stock appears to be overvalued. The current stock price of ₨7.20 is trading 15.9% above its estimated GF Value™ of ₨6.21. GuruFocus considers Security Investment Bank to be Modestly Overvalued.

Key valuation signals for KAR:SIBL:

  • Cyclically Adjusted Book per Share: ₨14.02
  • GF Value™: ₨6.21 vs. price of ₨7.20 (15.9% above fair value)
  • GF Score™: 56/100 with 2 warning signs

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


Security Investment Bank Business Description

Address Abdullah Haroon Road, 502, 5th Floor, Madina City Mall, Saddar, Karachi, SD, PAK
Security Investment Bank Ltd Company is licensed to carry out the business of investment finance services as a Non-Banking Finance Company (NBFC). The operations of the Company in Pakistan only.
56GF Score

Get the complete analysis for KAR:SIBL

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

₨7.20
Price
₨6.21
GF Value