Attock Petroleum (KAR:APL) Cyclically Adjusted PB Ratio: 1.80 (As of Jul. 21, 2026) — Near Median

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KAR:APL Attock Petroleum Ltd KAR:APL
77 GF Score
Price ₨540.10
GF Value ₨446.21
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Attock Petroleum Cyclically Adjusted PB Ratio?

Attock Petroleum KAR:APL -0.19% 77 Cyclically Adjusted PB Ratio is 1.80 as of Jul. 21, 2026, which is 2% below its 10-year median of 1.84. GuruFocus rates KAR:APL with a GF Score™ of 77/100 and a GF Value™ of ₨446.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 773 Oil & Gas companies, Attock Petroleum ranks worse than 65.2% on this metric.

As of today (2026-07-21), Attock Petroleum's current share price is ₨540.10. Attock Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨300.48. Attock Petroleum's Cyclically Adjusted PB Ratio for today is 1.80.

The historical rank and industry rank for Attock Petroleum's Cyclically Adjusted PB Ratio or its related term are showing as below:

KAR:APL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 1.84   Max: 2.4
Current: 1.8

During the past years, Attock Petroleum's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.50. And the median was 1.84.

KAR:APL's Cyclically Adjusted PB Ratio is ranked worse than
65.2% of 773 companies
in the Oil & Gas industry
Industry Median: 1.2 vs KAR:APL: 1.80

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.

Attock Petroleum's adjusted book value per share data for the three months ended in Mar. 2026 was ₨589.044. 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 ₨300.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Attock Petroleum  (KAR:APL) 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.


Attock Petroleum Cyclically Adjusted PB Ratio Related Terms


Attock Petroleum Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Attock Petroleum'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.

Attock Petroleum Cyclically Adjusted PB Ratio Chart

Attock Petroleum Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.55 1.60 1.74 1.82

Attock Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.80 1.82 1.88 1.92 1.71

KAR:APL vs VLO, MPC, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Attock Petroleum'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.


Attock Petroleum Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Attock Petroleum's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:APL
77GF Score
Attock Petroleum Ltd KAR:APL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Attock Petroleum 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.

Attock Petroleum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=540.10/300.48
=1.80

* 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.

Attock Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Attock Petroleum'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)
=589.044/330.2130*330.2130
=589.044

Current CPI (Mar. 2026) = 330.2130.

Attock Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201606 115.075 241.018 157.662
201609 110.946 241.428 151.746
201612 123.755 241.432 169.263
201703 123.419 243.801 167.163
201706 130.968 244.955 176.552
201709 141.661 246.819 189.525
201712 135.227 246.524 181.133
201803 136.902 249.554 181.150
201806 148.033 251.989 193.986
201809 143.770 252.439 188.064
201812 148.241 251.233 194.843
201903 142.553 254.202 185.179
201906 152.125 256.143 196.116
201909 153.981 256.759 198.032
201912 156.838 256.974 201.538
202003 147.130 258.115 188.227
202006 148.261 257.797 189.908
202009 160.208 260.280 203.253
202012 162.319 260.474 205.778
202103 181.643 264.877 226.448
202106 192.280 271.696 233.693
202109 182.209 274.310 219.342
202112 216.134 278.802 255.989
202203 241.411 287.504 277.273
202206 299.955 296.311 334.274
202209 310.418 296.808 345.355
202212 320.445 296.797 356.523
202303 342.490 301.836 374.689
202306 363.457 305.109 393.362
202309 405.785 307.789 435.349
202312 411.201 306.746 442.659
202403 425.158 312.332 449.498
202406 449.605 314.175 472.556
202409 468.831 315.301 491.004
202412 473.345 315.605 495.254
202503 481.543 319.799 497.224
202506 503.383 322.561 515.325
202509 534.008 324.800 542.908
202512 541.976 324.054 552.277
202603 589.044 330.213 589.044

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.

What does a Cyclically Adjusted PB Ratio of 1.80 mean?
Attock Petroleum (KAR:APL) has a Cyclically Adjusted PB Ratio of 1.80 as of Jul. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Attock Petroleum and its competitors. This is near median its historical median of 1.84. Over the past decade, Attock Petroleum's Cyclically Adjusted PB Ratio has ranged from 1.50 to 2.40. According to the industry distribution chart, Attock Petroleum ranks #504 out of 773 companies in the Oil & Gas industry, placing it in the top 65.2%.
Is Attock Petroleum's Cyclically Adjusted PB Ratio too high?
Attock Petroleum's current Cyclically Adjusted PB Ratio of 1.80 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 2.40. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Attock Petroleum's value of 1.80 is 50% above this industry median. Based on the distribution chart, Attock Petroleum ranks #504 out of 773 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Attock Petroleum has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Attock Petroleum's Cyclically Adjusted PB Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Attock Petroleum ranks #504 out of 773 companies for Cyclically Adjusted PB Ratio. This places Attock Petroleum in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Attock Petroleum's value of 1.80 is 50% above this benchmark. Historically, Attock Petroleum's own Cyclically Adjusted PB Ratio has ranged from 1.50 to 2.40 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.20, Attock Petroleum has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Attock Petroleum's current Cyclically Adjusted PB Ratio of 1.80 is 50% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Attock Petroleum and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attock Petroleum's current Cyclically Adjusted PB Ratio is 1.80, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attock Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Attock Petroleum (KAR:APL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨446.21, compared to a current price of ₨540.10 — trading 21% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.80, which is near median its 10-year median of 1.84 and 50% above the Oil & Gas industry median of 1.20. Attock Petroleum's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Attock Petroleum (KAR:APL), the current Cyclically Adjusted PB Ratio is 1.80 as of Jul. 21, 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 Attock Petroleum (KAR:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Attock Petroleum stock appears to be overvalued. The current stock price of ₨540.10 is trading 21% above its estimated GF Value™ of ₨446.21. GuruFocus considers Attock Petroleum to be Modestly Overvalued.

Key valuation signals for KAR:APL:

  • Cyclically Adjusted PB Ratio: 1.80 (near median its 10-year median of 1.84)
  • GF Value™: ₨446.21 vs. price of ₨540.10 (21% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 50% above the Oil & Gas median (#504 of 773)

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


Attock Petroleum Business Description

Industry EnergyOil & Gas
Address Attock House, 2nd, 7th and 8th Floor, Morgah, Rawalpindi, PB, PAK
Attock Petroleum Ltd is a Pakistan-based company engaged in the procurement, storage, and marketing of petroleum and related products, including High-Speed Diesel, Premier Motor Gasoline, Furnace Oil, Bitumen, Kerosene, and Lubricants. Its products include diesel engine grades, gasoline engine grades, industrial grades, and gear oils. The company markets and supplies fuels to retail outlets, industries, armed forces, power producers, government/semi-government entities, the developmental sector, and agricultural customers. The company generates the majority of its revenue from the sale of Premier Motor Gasoline products.
77GF Score

Get the complete analysis for KAR:APL

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

₨540.10
Price
₨446.21
GF Value