Crescent Steel & Allied Products (KAR:CSAP) Cyclically Adjusted PB Ratio: 0.93 (As of Jul. 03, 2026) — 43% Above Median


KAR:CSAP Crescent Steel & Allied Products Ltd KAR:CSAP
58 GF Score
Price ₨112.35
GF Value ₨70.89
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Crescent Steel & Allied Products Cyclically Adjusted PB Ratio?

Crescent Steel & Allied Products KAR:CSAP -0.09% 58 Cyclically Adjusted PB Ratio is 0.93 as of Jul. 03, 2026, which is 43% above its 10-year median of 0.65. GuruFocus rates KAR:CSAP with a GF Score™ of 58/100 and a GF Value™ of ₨70.89 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 520 Steel companies, Crescent Steel & Allied Products ranks worse than 50.77% on this metric.

As of today (2026-07-03), Crescent Steel & Allied Products's current share price is ₨112.35. Crescent Steel & Allied Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨120.98. Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio for today is 0.93.

The historical rank and industry rank for Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio or its related term are showing as below:

KAR:CSAP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.65   Max: 1.14
Current: 0.95

During the past years, Crescent Steel & Allied Products's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.19. And the median was 0.65.

KAR:CSAP's Cyclically Adjusted PB Ratio is ranked worse than
50.77% of 520 companies
in the Steel industry
Industry Median: 0.915 vs KAR:CSAP: 0.95

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.

Crescent Steel & Allied Products's adjusted book value per share data for the three months ended in Mar. 2026 was ₨115.327. 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 ₨120.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crescent Steel & Allied Products  (KAR:CSAP) 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.


Crescent Steel & Allied Products Cyclically Adjusted PB Ratio Related Terms


Crescent Steel & Allied Products Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Crescent Steel & Allied Products'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.

Crescent Steel & Allied Products Cyclically Adjusted PB Ratio Chart

Crescent Steel & Allied Products 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 0.19 0.47 0.98

Crescent Steel & Allied Products 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 0.89 0.98 0.88 0.85 0.73

KAR:CSAP vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Crescent Steel & Allied Products'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.


Crescent Steel & Allied Products Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio falls into.


KAR:CSAP
58GF Score
Crescent Steel & Allied Products Ltd KAR:CSAP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crescent Steel & Allied Products 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.

Crescent Steel & Allied Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=112.35/120.98
=0.93

* 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.

Crescent Steel & Allied Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Crescent Steel & Allied Products'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)
=115.327/330.2130*330.2130
=115.327

Current CPI (Mar. 2026) = 330.2130.

Crescent Steel & Allied Products Quarterly Data

Book Value per Share CPI Adj_Book
201606 94.281 241.018 129.172
201609 94.889 241.428 129.784
201612 101.944 241.432 139.432
201703 104.732 243.801 141.853
201706 110.797 244.955 149.361
201709 112.104 246.819 149.981
201712 108.686 246.524 145.582
201803 108.340 249.554 143.357
201806 98.074 251.989 128.519
201809 97.342 252.439 127.332
201812 98.544 251.233 129.523
201903 94.797 254.202 123.143
201906 89.603 256.143 115.514
201909 88.032 256.759 113.216
201912 92.850 256.974 119.313
202003 89.858 258.115 114.958
202006 90.275 257.797 115.634
202009 95.039 260.280 120.574
202012 100.177 260.474 126.998
202103 99.546 264.877 124.101
202106 102.643 271.696 124.750
202109 100.416 274.310 120.880
202112 100.332 278.802 118.833
202203 100.690 287.504 115.648
202206 90.485 296.311 100.838
202209 89.144 296.808 99.177
202212 89.888 296.797 100.008
202303 93.218 301.836 101.982
202306 95.658 305.109 103.529
202309 99.197 307.789 106.424
202312 106.840 306.746 115.014
202403 108.169 312.332 114.362
202406 111.952 314.175 117.667
202409 116.110 315.301 121.601
202412 108.881 315.605 113.921
202503 110.777 319.799 114.384
202506 108.297 322.561 110.866
202509 115.571 324.800 117.497
202512 116.983 324.054 119.206
202603 115.327 330.213 115.327

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 0.93 mean?
Crescent Steel & Allied Products (KAR:CSAP) has a Cyclically Adjusted PB Ratio of 0.93 as of Jul. 03, 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 Crescent Steel & Allied Products and its competitors. This is 43% above median its historical median of 0.65. Over the past decade, Crescent Steel & Allied Products' Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.14. According to the industry distribution chart, Crescent Steel & Allied Products ranks #264 out of 520 companies in the Steel industry, placing it in the top 50.8%.
Is Crescent Steel & Allied Products' Cyclically Adjusted PB Ratio too high?
Crescent Steel & Allied Products' current Cyclically Adjusted PB Ratio of 0.93 is 43% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.14. The Steel industry median Cyclically Adjusted PB Ratio is 0.92. Crescent Steel & Allied Products' value of 0.93 is 1.6% above this industry median. Based on the distribution chart, Crescent Steel & Allied Products ranks #264 out of 520 companies in the Steel industry, which is below the industry midpoint. Overall, Crescent Steel & Allied Products has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crescent Steel & Allied Products' Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Crescent Steel & Allied Products ranks #264 out of 520 companies for Cyclically Adjusted PB Ratio. This places Crescent Steel & Allied Products in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.92. Crescent Steel & Allied Products' value of 0.93 is 1.6% above this benchmark. Historically, Crescent Steel & Allied Products' own Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.14 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.92, Crescent Steel & Allied Products 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.92, based on 520 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. Crescent Steel & Allied Products's current Cyclically Adjusted PB Ratio of 0.93 is 1.6% 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 Crescent Steel & Allied Products and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crescent Steel & Allied Products's current Cyclically Adjusted PB Ratio is 0.93, which is 43% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crescent Steel & Allied Products stock overvalued right now?
Based on GuruFocus' analysis, Crescent Steel & Allied Products (KAR:CSAP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨70.89, compared to a current price of ₨112.35 — trading 58.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.93, which is 43% above median its 10-year median of 0.65 and 1.6% above the Steel industry median of 0.92. Crescent Steel & Allied Products' overall GF Score™ is 58/100 with 7 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 Crescent Steel & Allied Products (KAR:CSAP), the current Cyclically Adjusted PB Ratio is 0.93 as of Jul. 03, 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 Crescent Steel & Allied Products (KAR:CSAP) Overvalued in 2026?

Based on GuruFocus' analysis, Crescent Steel & Allied Products stock appears to be overvalued. The current stock price of ₨112.35 is trading 58.5% above its estimated GF Value™ of ₨70.89. GuruFocus considers Crescent Steel & Allied Products to be Significantly Overvalued.

Key valuation signals for KAR:CSAP:

  • Cyclically Adjusted PB Ratio: 0.93 (43% above median its 10-year median of 0.65)
  • GF Value™: ₨70.89 vs. price of ₨112.35 (58.5% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 1.6% above the Steel median (#264 of 520)

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


Crescent Steel & Allied Products Business Description

Address 9th Floor, Sidco Avenue Centre, 264 R.A. Lines, Karachi, SD, PAK, 74200
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; and CS Energy Segment. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue for the company. Geographically, it derives a majority of revenue from Pakistan.
58GF Score

Get the complete analysis for KAR:CSAP

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

₨112.35
Price
₨70.89
GF Value