Service Industries (KAR:SRVI) Cyclically Adjusted Book per Share: ₨227.56 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:SRVI Service Industries Ltd KAR:SRVI
92 GF Score
Price ₨2,074.61
GF Value ₨1,460.32
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Service Industries Cyclically Adjusted Book per Share?

Service Industries KAR:SRVI +0.82% 92 Cyclically Adjusted Book per Share is ₨227.56 as of Mar. 2026. GuruFocus rates KAR:SRVI with a GF Score™ of 92/100 and a GF Value™ of ₨1,460.32 (Significantly 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.

Service Industries's adjusted book value per share for the three months ended in Mar. 2026 was ₨557.750. 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 ₨227.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Service Industries's average Cyclically Adjusted Book Growth Rate was 23.80% 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 (2026-07-17), Service Industries's current stock price is ₨2074.61. Service Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨227.56. Service Industries's Cyclically Adjusted PB Ratio of today is 9.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Service Industries was 10.36. The lowest was 1.41. And the median was 6.16.


Service Industries  (KAR:SRVI) 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.

Service Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2074.61/227.56
=9.12

* 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 Service Industries was 10.36. The lowest was 1.41. And the median was 6.16.


Be Aware

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


Service Industries Cyclically Adjusted Book per Share Related Terms


Service Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Service Industries'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.

Service Industries Cyclically Adjusted Book per Share Chart

Service Industries 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 0.00 151.95 175.28 212.43

Service Industries 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 183.88 193.01 203.17 212.43 227.56

KAR:SRVI vs ORLY, AZO, GPC: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, Service Industries'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.


Service Industries Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Service Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Service Industries's Cyclically Adjusted PB Ratio falls into.


KAR:SRVI
92GF Score
Service Industries Ltd KAR:SRVI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Service Industries 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, Service Industries'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)
=557.75/330.2130*330.2130
=557.750

Current CPI (Mar. 2026) = 330.2130.

Service Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 85.704 241.018 117.421
201609 87.206 241.428 119.276
201612 93.278 241.432 127.579
201703 99.252 243.801 134.431
201706 95.444 244.955 128.664
201709 96.157 246.819 128.646
201712 100.736 246.524 134.933
201803 106.108 249.554 140.403
201806 103.639 251.989 135.811
201809 105.968 252.439 138.616
201812 117.043 251.233 153.838
201903 123.278 254.202 160.140
201906 119.168 256.143 153.628
201909 127.821 256.759 164.388
201912 132.284 256.974 169.986
202003 137.749 258.115 176.226
202006 136.602 257.797 174.974
202009 147.138 260.280 186.672
202012 178.507 260.474 226.300
202103 185.904 264.877 231.760
202106 178.560 271.696 217.018
202109 181.317 274.310 218.268
202112 206.233 278.802 244.262
202203 210.260 287.504 241.494
202206 206.685 296.311 230.333
202209 198.484 296.808 220.823
202212 185.549 296.797 206.440
202303 194.107 301.836 212.356
202306 200.253 305.109 216.730
202309 219.514 307.789 235.507
202312 237.065 306.746 255.201
202403 262.193 312.332 277.204
202406 282.357 314.175 296.771
202409 299.328 315.301 313.485
202412 314.231 315.605 328.775
202503 341.663 319.799 352.789
202506 398.092 322.561 407.536
202509 455.200 324.800 462.786
202512 493.856 324.054 503.242
202603 557.750 330.213 557.750

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 ₨227.56 mean?
Service Industries (KAR:SRVI) has a Cyclically Adjusted Book per Share of ₨227.56 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 Service Industries and its competitors.
Is Service Industries' Cyclically Adjusted Book per Share too high?
Service Industries' current Cyclically Adjusted Book per Share is ₨227.56. Overall, Service Industries has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Service Industries' Cyclically Adjusted Book per Share compare to ORLY and AZO?
Service Industries' Cyclically Adjusted Book per Share of ₨227.56 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts 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 Service Industries and its competitors. Service Industries's current Cyclically Adjusted Book per Share is ₨227.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Industries stock overvalued right now?
Based on GuruFocus' analysis, Service Industries (KAR:SRVI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨1,460.32, compared to a current price of ₨2,074.61 — trading 42.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₨227.56. Service Industries' overall GF Score™ is 92/100 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 Service Industries (KAR:SRVI), the current Cyclically Adjusted Book per Share is ₨227.56 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 Service Industries (KAR:SRVI) Overvalued in 2026?

Based on GuruFocus' analysis, Service Industries stock appears to be overvalued. The current stock price of ₨2,074.61 is trading 42.1% above its estimated GF Value™ of ₨1,460.32. GuruFocus considers Service Industries to be Significantly Overvalued.

Key valuation signals for KAR:SRVI:

  • Cyclically Adjusted Book per Share: ₨227.56
  • GF Value™: ₨1,460.32 vs. price of ₨2,074.61 (42.1% above fair value)
  • GF Score™: 92/100 with 2 warning signs

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


Service Industries Business Description

Address Servis House, 2 Main Gulberg, Lahore, PAK, 54662
Service Industries Ltd manufactures and sells footwear, tyres, tubes, and technical rubber products. The company's reportable segments are Footwear which includes the purchase, manufacturing and sale of different qualities of footwear, Tyres which includes the manufacturing of different qualities of tyres and tubes, and Others, which includes the manufacturing of different qualities of rubber products on specifications and trading and manufacturing of spare parts of automobiles. The company generates a majority of its revenues from the Tyre division. Geographically, the company derives a majority of its revenue from Pakistan and the rest from Europe, Asia, North America, Australia and other regions.
92GF Score

Get the complete analysis for KAR:SRVI

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

₨2,074.61
Price
₨1,460.32
GF Value