Unilever Pakistan Foods (KAR:UPFL) Cyclically Adjusted Book per Share: ₨995.64 (As of Mar. 2026)


KAR:UPFL Unilever Pakistan Foods Ltd KAR:UPFL
94 GF Score
Price ₨25,586.00
GF Value ₨29,122.75
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Unilever Pakistan Foods Cyclically Adjusted Book per Share?

Unilever Pakistan Foods KAR:UPFL +0.92% 94 Cyclically Adjusted Book per Share is ₨995.64 as of Mar. 2026. GuruFocus rates KAR:UPFL with a GF Score™ of 94/100 and a GF Value™ of ₨29,122.75 (Modestly Undervalued). The stock has 5 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.

Unilever Pakistan Foods's adjusted book value per share for the three months ended in Mar. 2026 was ₨1,330.609. 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 ₨995.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Unilever Pakistan Foods's average Cyclically Adjusted Book Growth Rate was 14.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 38.50% 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 Unilever Pakistan Foods was 42.40% per year. The lowest was 38.50% per year. And the median was 40.45% per year.

As of today (2026-07-08), Unilever Pakistan Foods's current stock price is ₨25586.00. Unilever Pakistan Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨995.64. Unilever Pakistan Foods's Cyclically Adjusted PB Ratio of today is 25.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Unilever Pakistan Foods was 87.45. The lowest was 22.93. And the median was 42.90.


Unilever Pakistan Foods  (KAR:UPFL) 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.

Unilever Pakistan Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25586.00/995.64
=25.70

* 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 Unilever Pakistan Foods was 87.45. The lowest was 22.93. And the median was 42.90.


Be Aware

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


Unilever Pakistan Foods Cyclically Adjusted Book per Share Related Terms


Unilever Pakistan Foods Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Unilever Pakistan Foods'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.

Unilever Pakistan Foods Cyclically Adjusted Book per Share Chart

Unilever Pakistan Foods 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 279.92 358.09 569.31 808.37 952.27

Unilever Pakistan Foods 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 872.33 908.50 938.65 952.27 995.64

KAR:UPFL vs KHC, GIS: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Unilever Pakistan Foods'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.


Unilever Pakistan Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Pakistan Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:UPFL
94GF Score
Unilever Pakistan Foods Ltd KAR:UPFL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unilever Pakistan Foods 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, Unilever Pakistan Foods'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)
=1330.609/330.2130*330.2130
=1,330.609

Current CPI (Mar. 2026) = 330.2130.

Unilever Pakistan Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 264.087 241.018 361.819
201609 232.541 241.428 318.058
201612 289.296 241.432 395.678
201703 363.318 243.801 492.091
201706 136.339 244.955 183.793
201709 65.541 246.819 87.686
201712 25.847 246.524 34.621
201803 119.749 249.554 158.453
201806 262.646 251.989 344.178
201809 276.478 252.439 361.658
201812 297.106 251.233 390.507
201903 383.684 254.202 498.412
201906 281.814 256.143 363.307
201909 312.222 256.759 401.543
201912 361.726 256.974 464.820
202003 491.552 258.115 628.855
202006 360.736 257.797 462.068
202009 340.259 260.280 431.681
202012 431.349 260.474 546.838
202103 659.708 264.877 822.435
202106 372.571 271.696 452.814
202109 408.655 274.310 491.937
202112 466.180 278.802 552.143
202203 752.516 287.504 864.303
202206 458.335 296.311 510.775
202209 689.282 296.808 766.859
202212 1,179.597 296.797 1,312.406
202303 1,706.485 301.836 1,866.920
202306 1,994.261 305.109 2,158.346
202309 2,280.861 307.789 2,447.033
202312 2,458.350 306.746 2,646.421
202403 2,744.217 312.332 2,901.323
202406 2,734.677 314.175 2,874.277
202409 2,367.124 315.301 2,479.076
202412 2,100.537 315.605 2,197.762
202503 2,363.140 319.799 2,440.094
202506 1,460.402 322.561 1,495.047
202509 1,249.479 324.800 1,270.302
202512 999.606 324.054 1,018.605
202603 1,330.609 330.213 1,330.609

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 ₨995.64 mean?
Unilever Pakistan Foods (KAR:UPFL) has a Cyclically Adjusted Book per Share of ₨995.64 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 Unilever Pakistan Foods and its competitors.
Is Unilever Pakistan Foods' Cyclically Adjusted Book per Share too high?
Unilever Pakistan Foods' current Cyclically Adjusted Book per Share is ₨995.64. Overall, Unilever Pakistan Foods has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Pakistan Foods' Cyclically Adjusted Book per Share compare to KHC and GIS?
Unilever Pakistan Foods' Cyclically Adjusted Book per Share of ₨995.64 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Unilever Pakistan Foods and its competitors. Unilever Pakistan Foods's current Cyclically Adjusted Book per Share is ₨995.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Pakistan Foods stock overvalued right now?
Based on GuruFocus' analysis, Unilever Pakistan Foods (KAR:UPFL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨29,122.75, compared to a current price of ₨25,586.00 — trading 12.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₨995.64. Unilever Pakistan Foods' overall GF Score™ is 94/100 with 5 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 Unilever Pakistan Foods (KAR:UPFL), the current Cyclically Adjusted Book per Share is ₨995.64 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 Unilever Pakistan Foods (KAR:UPFL) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Pakistan Foods stock appears to be undervalued. The current stock price of ₨25,586.00 is trading 12.1% below its estimated GF Value™ of ₨29,122.75. GuruFocus considers Unilever Pakistan Foods to be Modestly Undervalued.

Key valuation signals for KAR:UPFL:

  • Cyclically Adjusted Book per Share: ₨995.64
  • GF Value™: ₨29,122.75 vs. price of ₨25,586.00 (12.1% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


Unilever Pakistan Foods Business Description

Address Fatima Jinnah Road, Avari Plaza, Karachi, SD, PAK, 75530
Unilever Pakistan Foods Ltd is a Pakistan-based company engaged in the manufacturing and selling of consumer and commercial food products. It sells the products under the brand names of Rafhan, Knorr, Hellmanns, Energile, Glaxose-D, and Food Solutions. It also includes brands such as Comfort, Dove, Lifebuoy, Pepsodent, Lux, Domex, Ponds, and other brands.
94GF Score

Get the complete analysis for KAR:UPFL

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

₨25,586.00
Price
₨29,122.75
GF Value