Century Paper & Board Mills (KAR:CEPB) Cyclically Adjusted PB Ratio: 1.17 (As of Jul. 09, 2026) — Near Median


KAR:CEPB Century Paper & Board Mills Ltd KAR:CEPB
61 GF Score
Price ₨32.01
GF Value ₨26.83
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Century Paper & Board Mills Cyclically Adjusted PB Ratio?

Century Paper & Board Mills KAR:CEPB -3.58% 61 Cyclically Adjusted PB Ratio is 1.17 as of Jul. 09, 2026, which is 6% below its 10-year median of 1.25. GuruFocus rates KAR:CEPB with a GF Score™ of 61/100 and a GF Value™ of ₨26.83 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 244 Forest Products companies, Century Paper & Board Mills ranks worse than 68.03% on this metric.

As of today (2026-07-09), Century Paper & Board Mills's current share price is ₨32.01. Century Paper & Board Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨27.38. Century Paper & Board Mills's Cyclically Adjusted PB Ratio for today is 1.17.

The historical rank and industry rank for Century Paper & Board Mills's Cyclically Adjusted PB Ratio or its related term are showing as below:

KAR:CEPB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.25   Max: 2.07
Current: 1.15

During the past years, Century Paper & Board Mills's highest Cyclically Adjusted PB Ratio was 2.07. The lowest was 0.84. And the median was 1.25.

KAR:CEPB's Cyclically Adjusted PB Ratio is ranked worse than
68.03% of 244 companies
in the Forest Products industry
Industry Median: 0.775 vs KAR:CEPB: 1.15

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.

Century Paper & Board Mills's adjusted book value per share data for the three months ended in Mar. 2026 was ₨32.560. 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 ₨27.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Paper & Board Mills  (KAR:CEPB) 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.


Century Paper & Board Mills Cyclically Adjusted PB Ratio Related Terms


Century Paper & Board Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Century Paper & Board Mills'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.

Century Paper & Board Mills Cyclically Adjusted PB Ratio Chart

Century Paper & Board Mills 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 1.68 1.36 1.30 1.22

Century Paper & Board Mills 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 1.02 1.22 1.07 1.36 0.95

KAR:CEPB vs SLVM: Cyclically Adjusted PB Ratio Comparison

For the Paper & Paper Products subindustry, Century Paper & Board Mills'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.


Century Paper & Board Mills Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Century Paper & Board Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Century Paper & Board Mills's Cyclically Adjusted PB Ratio falls into.


KAR:CEPB
61GF Score
Century Paper & Board Mills Ltd KAR:CEPB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Century Paper & Board Mills 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.

Century Paper & Board Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.01/27.38
=1.17

* 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.

Century Paper & Board Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Century Paper & Board Mills'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)
=32.56/330.2130*330.2130
=32.560

Current CPI (Mar. 2026) = 330.2130.

Century Paper & Board Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 12.321 241.018 16.881
201609 12.408 241.428 16.971
201612 12.913 241.432 17.661
201703 15.696 243.801 21.259
201706 11.978 244.955 16.147
201709 12.356 246.819 16.531
201712 12.461 246.524 16.691
201803 13.232 249.554 17.509
201806 13.795 251.989 18.077
201809 13.888 252.439 18.167
201812 14.516 251.233 19.079
201903 15.082 254.202 19.592
201906 15.406 256.143 19.861
201909 15.390 256.759 19.793
201912 16.518 256.974 21.226
202003 17.435 258.115 22.305
202006 18.875 257.797 24.177
202009 20.527 260.280 26.042
202012 22.088 260.474 28.002
202103 24.253 264.877 30.235
202106 25.695 271.696 31.229
202109 26.605 274.310 32.027
202112 27.732 278.802 32.846
202203 29.504 287.504 33.887
202206 30.436 296.311 33.918
202209 31.030 296.808 34.522
202212 30.911 296.797 34.391
202303 32.273 301.836 35.307
202306 32.640 305.109 35.326
202309 33.386 307.789 35.818
202312 33.522 306.746 36.087
202403 34.304 312.332 36.268
202406 34.059 314.175 35.798
202409 34.425 315.301 36.053
202412 34.558 315.605 36.158
202503 34.232 319.799 35.347
202506 33.395 322.561 34.187
202509 33.429 324.800 33.986
202512 32.720 324.054 33.342
202603 32.560 330.213 32.560

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 1.17 mean?
Century Paper & Board Mills (KAR:CEPB) has a Cyclically Adjusted PB Ratio of 1.17 as of Jul. 09, 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 Century Paper & Board Mills and its competitors. This is near median its historical median of 1.25. Over the past decade, Century Paper & Board Mills' Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.07. According to the industry distribution chart, Century Paper & Board Mills ranks #166 out of 244 companies in the Forest Products industry, placing it in the top 68%.
Is Century Paper & Board Mills' Cyclically Adjusted PB Ratio too high?
Century Paper & Board Mills' current Cyclically Adjusted PB Ratio of 1.17 is near median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.07. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.78. Century Paper & Board Mills' value of 1.17 is 51% above this industry median. Based on the distribution chart, Century Paper & Board Mills ranks #166 out of 244 companies in the Forest Products industry, which is below the industry midpoint. Overall, Century Paper & Board Mills has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Century Paper & Board Mills' Cyclically Adjusted PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Century Paper & Board Mills ranks #166 out of 244 companies for Cyclically Adjusted PB Ratio. This places Century Paper & Board Mills in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.78. Century Paper & Board Mills' value of 1.17 is 51% above this benchmark. Historically, Century Paper & Board Mills' own Cyclically Adjusted PB Ratio has ranged from 0.84 to 2.07 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.78, Century Paper & Board Mills 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.78, based on 244 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. Century Paper & Board Mills's current Cyclically Adjusted PB Ratio of 1.17 is 51% 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 Century Paper & Board Mills and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Century Paper & Board Mills's current Cyclically Adjusted PB Ratio is 1.17, which is near median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Paper & Board Mills stock overvalued right now?
Based on GuruFocus' analysis, Century Paper & Board Mills (KAR:CEPB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨26.83, compared to a current price of ₨32.01 — trading 19.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is near median its 10-year median of 1.25 and 51% above the Forest Products industry median of 0.78. Century Paper & Board Mills' overall GF Score™ is 61/100 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 Century Paper & Board Mills (KAR:CEPB), the current Cyclically Adjusted PB Ratio is 1.17 as of Jul. 09, 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 Century Paper & Board Mills (KAR:CEPB) Overvalued in 2026?

Based on GuruFocus' analysis, Century Paper & Board Mills stock appears to be overvalued. The current stock price of ₨32.01 is trading 19.3% above its estimated GF Value™ of ₨26.83. GuruFocus considers Century Paper & Board Mills to be Modestly Overvalued.

Key valuation signals for KAR:CEPB:

  • Cyclically Adjusted PB Ratio: 1.17 (near median its 10-year median of 1.25)
  • GF Value™: ₨26.83 vs. price of ₨32.01 (19.3% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 51% above the Forest Products median (#166 of 244)

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


Century Paper & Board Mills Business Description

Address Sarwar Shaheed Road, Lakson Square, Building No. 2, Karachi, SD, PAK, 74200
Century Paper & Board Mills Ltd is a Pakistan-based company engaged in the manufacturing and marketing of paper, board, and related products. Its product portfolio consists of Coated Brand, Uncoated Brand, MF Paper, MG Paper, Corrugated Boxes, and others.
61GF Score

Get the complete analysis for KAR:CEPB

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

₨32.01
Price
₨26.83
GF Value