Allied Bank (KAR:ABL) Cyclically Adjusted PB Ratio: (As of Aug. 31, 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:ABL Allied Bank Ltd KAR:ABL
56 GF Score
Price ₨169.47
GF Value ₨122.00
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Allied Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Bank  (KAR:ABL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Allied Bank Cyclically Adjusted PB Ratio Related Terms


Allied Bank Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Allied Bank's Cyclically Adjusted PB Ratio 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.

Allied Bank Cyclically Adjusted PB Ratio Chart

Allied Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.59 0.72 1.07 1.26

Allied Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 1.02 1.21 1.26 1.14 0.00

Allied Bank Cyclically Adjusted PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Allied 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.


Allied Bank Cyclically Adjusted PB Ratio vs Banks Industry

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

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


KAR:ABL
56GF Score
Allied Bank Ltd KAR:ABL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Allied Bank Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Allied Bank's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Allied Bank'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)
=230.26/333.9520*333.9520
=230.260

Current CPI (Jun. 2026) = 333.9520.

Allied Bank Quarterly Data

Book Value per Share CPI Adj_Book
201609 87.439 241.428 120.949
201612 88.916 241.432 122.990
201703 89.704 243.801 122.874
201706 88.548 244.955 120.719
201709 88.938 246.819 120.335
201712 94.361 246.524 127.825
201803 98.340 249.554 131.598
201806 95.318 251.989 126.322
201809 95.459 252.439 126.283
201812 95.007 251.233 126.288
201903 95.341 254.202 125.252
201906 95.408 256.143 124.390
201909 95.909 256.759 124.743
201912 102.362 256.974 133.025
202003 100.457 258.115 129.972
202006 106.763 257.797 138.302
202009 108.406 260.280 139.090
202012 116.822 260.474 149.777
202103 111.620 264.877 140.728
202106 114.263 271.696 140.445
202109 114.918 274.310 139.904
202112 113.218 278.802 135.614
202203 114.710 287.504 133.242
202206 111.555 296.311 125.726
202209 110.960 296.808 124.846
202212 113.761 296.797 128.002
202303 111.775 301.836 123.668
202306 121.648 305.109 133.148
202309 133.948 307.789 145.334
202312 172.326 306.746 187.610
202403 185.443 312.332 198.280
202406 193.906 314.175 206.112
202409 204.325 315.301 216.411
202412 208.064 315.605 220.159
202503 211.465 319.799 220.824
202506 220.149 322.561 227.923
202509 225.240 324.800 231.587
202512 234.809 324.054 241.981
202603 217.213 330.213 219.673
202606 230.260 333.952 230.260

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

Is Allied Bank (KAR:ABL) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Bank stock appears to be overvalued. The current stock price of ₨169.47 is trading 38.9% above its estimated GF Value™ of ₨122.00. GuruFocus considers Allied Bank to be Significantly Overvalued.

Key valuation signals for KAR:ABL:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₨122.00 vs. price of ₨169.47 (38.9% above fair value)
  • GF Score™: 56/100 with 2 warning signs

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


Allied Bank Business Description

Address 3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000
Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium- and large-sized public- and private-sector entities, as well as overseas clients, including corporate advisory, underwriting, cash management, trade products, corporate finance products, tenured financing arrangements, and customer service. It also supports treasury and money market activities, provides retail banking services to consumers and small and medium enterprises, and offers loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company, and Others.
56GF Score

Get the complete analysis for KAR:ABL

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

₨169.47
Price
₨122.00
GF Value