Archroma Pakistan (KAR:ARPL) Cyclically Adjusted PB Ratio: 2.51 (As of Jul. 20, 2026) — 15% Below Median

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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.
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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:ARPL Archroma Pakistan Ltd KAR:ARPL
65 GF Score
Price ₨379.99
GF Value ₨458.01
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Archroma Pakistan Cyclically Adjusted PB Ratio?

Archroma Pakistan KAR:ARPL +2.68% 65 Cyclically Adjusted PB Ratio is 2.51 as of Jul. 20, 2026, which is 15% below its 10-year median of 2.94. GuruFocus rates KAR:ARPL with a GF Score™ of 65/100 and a GF Value™ of ₨458.01 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,278 Chemicals companies, Archroma Pakistan ranks worse than 64.63% on this metric.

As of today (2026-07-20), Archroma Pakistan's current share price is ₨379.99. Archroma Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨151.57. Archroma Pakistan's Cyclically Adjusted PB Ratio for today is 2.51.

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

KAR:ARPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 2.94   Max: 3.85
Current: 2.51

During the past years, Archroma Pakistan's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 1.79. And the median was 2.94.

KAR:ARPL's Cyclically Adjusted PB Ratio is ranked worse than
64.63% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs KAR:ARPL: 2.51

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.

Archroma Pakistan's adjusted book value per share data for the three months ended in Mar. 2026 was ₨140.097. 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 ₨151.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Archroma Pakistan  (KAR:ARPL) 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.


Archroma Pakistan Cyclically Adjusted PB Ratio Related Terms


Archroma Pakistan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Archroma Pakistan'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.

Archroma Pakistan Cyclically Adjusted PB Ratio Chart

Archroma Pakistan Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.70 2.86 1.91 3.06

Archroma Pakistan 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 3.17 2.62 3.06 2.94 2.16

KAR:ARPL vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Archroma Pakistan'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.


Archroma Pakistan Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Archroma Pakistan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:ARPL
65GF Score
Archroma Pakistan Ltd KAR:ARPL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Archroma Pakistan 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.

Archroma Pakistan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=379.99/151.57
=2.51

* 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.

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

For example, Archroma Pakistan'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)
=140.097/330.2130*330.2130
=140.097

Current CPI (Mar. 2026) = 330.2130.

Archroma Pakistan Quarterly Data

Book Value per Share CPI Adj_Book
201606 144.385 241.018 197.818
201609 157.905 241.428 215.974
201612 108.029 241.432 147.754
201703 122.577 243.801 166.023
201706 135.078 244.955 182.093
201709 147.067 246.819 196.757
201712 105.295 246.524 141.040
201803 114.203 249.554 151.115
201806 127.476 251.989 167.048
201809 140.841 252.439 184.233
201812 110.592 251.233 145.359
201903 124.355 254.202 161.539
201906 133.345 256.143 171.905
201909 149.992 256.759 192.902
201912 114.766 256.974 147.475
202003 127.927 258.115 163.660
202006 127.956 257.797 163.899
202009 132.008 260.280 167.476
202012 116.069 260.474 147.145
202103 134.315 264.877 167.446
202106 153.488 271.696 186.546
202109 171.393 274.310 206.322
202112 103.381 278.802 122.444
202203 119.914 287.504 137.727
202206 99.392 296.311 110.764
202209 110.552 296.808 122.994
202212 95.079 296.797 105.784
202303 108.776 301.836 119.003
202306 117.023 305.109 126.652
202309 127.034 307.789 136.289
202312 126.629 306.746 136.317
202403 126.021 312.332 133.236
202406 120.734 314.175 126.897
202409 109.295 315.301 114.464
202412 119.597 315.605 125.133
202503 127.644 319.799 131.801
202506 135.737 322.561 138.957
202509 127.592 324.800 129.718
202512 130.379 324.054 132.857
202603 140.097 330.213 140.097

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 2.51 mean?
Archroma Pakistan (KAR:ARPL) has a Cyclically Adjusted PB Ratio of 2.51 as of Jul. 20, 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 Archroma Pakistan and its competitors. This is 15% below median its historical median of 2.94. Over the past decade, Archroma Pakistan's Cyclically Adjusted PB Ratio has ranged from 1.79 to 3.85. According to the industry distribution chart, Archroma Pakistan ranks #826 out of 1278 companies in the Chemicals industry, placing it in the top 64.6%.
Is Archroma Pakistan's Cyclically Adjusted PB Ratio too high?
Archroma Pakistan's current Cyclically Adjusted PB Ratio of 2.51 is 15% below median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 3.85. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Archroma Pakistan's value of 2.51 is 50.8% above this industry median. Based on the distribution chart, Archroma Pakistan ranks #826 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, Archroma Pakistan has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Archroma Pakistan's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Archroma Pakistan ranks #826 out of 1278 companies for Cyclically Adjusted PB Ratio. This places Archroma Pakistan in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Archroma Pakistan's value of 2.51 is 50.8% above this benchmark. Historically, Archroma Pakistan's own Cyclically Adjusted PB Ratio has ranged from 1.79 to 3.85 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 1.67, Archroma Pakistan 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 a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. Archroma Pakistan's current Cyclically Adjusted PB Ratio of 2.51 is 50.8% 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 Archroma Pakistan and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Archroma Pakistan's current Cyclically Adjusted PB Ratio is 2.51, which is 15% below median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Archroma Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Archroma Pakistan (KAR:ARPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨458.01, compared to a current price of ₨379.99 — trading 17% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 15% below median its 10-year median of 2.94 and 50.8% above the Chemicals industry median of 1.67. Archroma Pakistan's overall GF Score™ is 65/100 with 6 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 Archroma Pakistan (KAR:ARPL), the current Cyclically Adjusted PB Ratio is 2.51 as of Jul. 20, 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 Archroma Pakistan (KAR:ARPL) Overvalued in 2026?

Based on GuruFocus' analysis, Archroma Pakistan stock appears to be undervalued. The current stock price of ₨379.99 is trading 17% below its estimated GF Value™ of ₨458.01. GuruFocus considers Archroma Pakistan to be Modestly Undervalued.

Key valuation signals for KAR:ARPL:

  • Cyclically Adjusted PB Ratio: 2.51 (15% below median its 10-year median of 2.94)
  • GF Value™: ₨458.01 vs. price of ₨379.99 (17% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 50.8% above the Chemicals median (#826 of 1278)

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


Archroma Pakistan Business Description

Address Korangi Industrial Area, No. 1-A/1, Sector 20, Karachi, SD, PAK, 74900
Archroma Pakistan Ltd is a Pakistan-based color and specialty chemicals company. The company is engaged in the manufacturing and sale of chemicals, dyes, and chemicals for textiles, paper, packaging, coatings, and construction. The company provides services for managing whiteness, coloration, and special coatings across all types of paper. The company's key revenue comes from domestic sales.
65GF Score

Get the complete analysis for KAR:ARPL

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

₨379.99
Price
₨458.01
GF Value