Atlas Battery (KAR:ATBA) Cyclically Adjusted PB Ratio: 1.02 (As of Jul. 20, 2026) — 28% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:ATBA Atlas Battery Ltd KAR:ATBA
69 GF Score
Price ₨210.03
GF Value ₨249.34
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Atlas Battery Cyclically Adjusted PB Ratio?

Atlas Battery KAR:ATBA +0.42% 69 Cyclically Adjusted PB Ratio is 1.02 as of Jul. 20, 2026, which is 28% below its 10-year median of 1.42. GuruFocus rates KAR:ATBA with a GF Score™ of 69/100 and a GF Value™ of ₨249.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,032 Vehicles & Parts companies, Atlas Battery ranks better than 59.3% on this metric.

As of today (2026-07-20), Atlas Battery's current share price is ₨210.03. Atlas Battery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨205.40. Atlas Battery's Cyclically Adjusted PB Ratio for today is 1.02.

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

KAR:ATBA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.42   Max: 2.56
Current: 1.02

During the past years, Atlas Battery's highest Cyclically Adjusted PB Ratio was 2.56. The lowest was 0.92. And the median was 1.42.

KAR:ATBA's Cyclically Adjusted PB Ratio is ranked better than
59.3% of 1032 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs KAR:ATBA: 1.02

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.

Atlas Battery's adjusted book value per share data for the three months ended in Mar. 2026 was ₨225.726. 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 ₨205.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Battery  (KAR:ATBA) 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.


Atlas Battery Cyclically Adjusted PB Ratio Related Terms


Atlas Battery Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atlas Battery'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.

Atlas Battery Cyclically Adjusted PB Ratio Chart

Atlas Battery 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 0.00 0.00 1.24 1.67 1.40

Atlas Battery 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 1.78 1.40 1.31 1.21 0.90

KAR:ATBA vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Atlas Battery'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.


Atlas Battery Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


KAR:ATBA
69GF Score
Atlas Battery Ltd KAR:ATBA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlas Battery 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.

Atlas Battery's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=210.03/205.40
=1.02

* 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.

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

For example, Atlas Battery'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)
=225.726/330.2130*330.2130
=225.726

Current CPI (Mar. 2026) = 330.2130.

Atlas Battery Quarterly Data

Book Value per Share CPI Adj_Book
201606 127.714 241.018 174.978
201609 124.293 241.428 170.002
201612 135.298 241.432 185.051
201703 145.123 243.801 196.560
201706 162.174 244.955 218.620
201709 144.960 246.819 193.938
201712 146.757 246.524 196.577
201803 157.308 249.554 208.152
201806 161.484 251.989 211.613
201809 149.939 252.439 196.134
201812 143.786 251.233 188.988
201903 138.132 254.202 179.436
201906 150.813 256.143 194.424
201909 149.203 256.759 191.887
201912 146.393 256.974 188.116
202003 147.024 258.115 188.091
202006 141.497 257.797 181.244
202009 147.827 260.280 187.546
202012 153.244 260.474 194.273
202103 160.595 264.877 200.208
202106 139.287 271.696 169.286
202109 161.801 274.310 194.775
202112 163.256 278.802 193.360
202203 165.716 287.504 190.333
202206 176.882 296.311 197.120
202209 180.867 296.808 201.223
202212 189.466 296.797 210.798
202303 212.893 301.836 232.908
202306 207.109 305.109 224.150
202309 204.616 307.789 219.523
202312 204.917 306.746 220.594
202403 218.645 312.332 231.162
202406 243.287 314.175 255.706
202409 229.700 315.301 240.564
202412 228.010 315.605 238.564
202503 223.738 319.799 231.024
202506 225.642 322.561 230.995
202509 227.083 324.800 230.867
202512 227.145 324.054 231.462
202603 225.726 330.213 225.726

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 1.02 mean?
Atlas Battery (KAR:ATBA) has a Cyclically Adjusted PB Ratio of 1.02 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 Atlas Battery and its competitors. This is 28% below median its historical median of 1.42. Over the past decade, Atlas Battery's Cyclically Adjusted PB Ratio has ranged from 0.92 to 2.56. According to the industry distribution chart, Atlas Battery ranks #420 out of 1032 companies in the Vehicles & Parts industry, placing it in the top 40.7%.
Is Atlas Battery's Cyclically Adjusted PB Ratio too high?
Atlas Battery's current Cyclically Adjusted PB Ratio of 1.02 is 28% below median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.56. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Atlas Battery's value of 1.02 is 19.7% below this industry median. Based on the distribution chart, Atlas Battery ranks #420 out of 1032 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Atlas Battery has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Battery's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Atlas Battery ranks #420 out of 1032 companies for Cyclically Adjusted PB Ratio. This puts Atlas Battery in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Atlas Battery's value of 1.02 is 19.7% below this benchmark. Historically, Atlas Battery's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 2.56 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.27, Atlas Battery has consistently been below 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,032 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. Atlas Battery's current Cyclically Adjusted PB Ratio of 1.02 is 19.7% below 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 Atlas Battery and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Battery's current Cyclically Adjusted PB Ratio is 1.02, which is 28% below median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Battery stock overvalued right now?
Based on GuruFocus' analysis, Atlas Battery (KAR:ATBA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨249.34, compared to a current price of ₨210.03 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 28% below median its 10-year median of 1.42 and 19.7% below the Vehicles & Parts industry median of 1.27. Atlas Battery's overall GF Score™ is 69/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Atlas Battery (KAR:ATBA), the current Cyclically Adjusted PB Ratio is 1.02 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 Atlas Battery (KAR:ATBA) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Battery stock appears to be undervalued. The current stock price of ₨210.03 is trading 15.8% below its estimated GF Value™ of ₨249.34. GuruFocus considers Atlas Battery to be Modestly Undervalued.

Key valuation signals for KAR:ATBA:

  • Cyclically Adjusted PB Ratio: 1.02 (28% below median its 10-year median of 1.42)
  • GF Value™: ₨249.34 vs. price of ₨210.03 (15.8% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 19.7% below the Vehicles & Parts median (#420 of 1032)

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


Atlas Battery Business Description

Address D-181, Central Avenue, S.I.T.E., Karachi, SD, PAK, 75730
Atlas Battery Ltd is engaged in the manufacturing and sale of automotive, motorcycle and energy storage batteries and their allied products. Its products are mainly categorized in light, medium and heavy batteries for automotive, motorcycle batteries, energy storage batteries and distilled water. The company serves various segments including Original Equipment Manufacturers (OEMs), domestic appliances, industrial equipment and replacement market through nationwide dealership network. The usage of batteries includes vehicles, motorcycles, heavy vehicles including tractors, buses and energy backup solution such as UPS (Uninterrupted Power Supply equipment), Solar Panels and Gensets.
69GF Score

Get the complete analysis for KAR:ATBA

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

₨210.03
Price
₨249.34
GF Value