Ghandhara Tyre and Rubber Co (KAR:GTYR) Cyclically Adjusted PB Ratio: 0.78 (As of Jul. 23, 2026) — 26% Below Median

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KAR:GTYR Ghandhara Tyre and Rubber Co Ltd KAR:GTYR
60 GF Score
Price ₨31.85
GF Value ₨33.24
Valuation Fairly Valued
! 7 Warning Signs
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What is Ghandhara Tyre and Rubber Co Cyclically Adjusted PB Ratio?

Ghandhara Tyre and Rubber Co KAR:GTYR -3.40% 60 Cyclically Adjusted PB Ratio is 0.78 as of Jul. 23, 2026, which is 26% below its 10-year median of 1.05. GuruFocus rates KAR:GTYR with a GF Score™ of 60/100 and a GF Value™ of ₨33.24 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,030 Vehicles & Parts companies, Ghandhara Tyre and Rubber Co ranks better than 66.12% on this metric.

As of today (2026-07-23), Ghandhara Tyre and Rubber Co's current share price is ₨31.85. Ghandhara Tyre and Rubber Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨40.86. Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

KAR:GTYR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.05   Max: 1.52
Current: 0.83

During the past years, Ghandhara Tyre and Rubber Co's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.60. And the median was 1.05.

KAR:GTYR's Cyclically Adjusted PB Ratio is ranked better than
66.12% of 1030 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs KAR:GTYR: 0.83

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.

Ghandhara Tyre and Rubber Co's adjusted book value per share data for the three months ended in Mar. 2026 was ₨52.439. 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 ₨40.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ghandhara Tyre and Rubber Co  (KAR:GTYR) 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.


Ghandhara Tyre and Rubber Co Cyclically Adjusted PB Ratio Related Terms


Ghandhara Tyre and Rubber Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ghandhara Tyre and Rubber Co'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.

Ghandhara Tyre and Rubber Co Cyclically Adjusted PB Ratio Chart

Ghandhara Tyre and Rubber Co 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 0.65 1.20 1.06

Ghandhara Tyre and Rubber Co 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 1.11 1.06 1.05 0.99 0.57

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

For the Auto Parts subindustry, Ghandhara Tyre and Rubber Co'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.


Ghandhara Tyre and Rubber Co Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio falls into.


KAR:GTYR
60GF Score
Ghandhara Tyre and Rubber Co Ltd KAR:GTYR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghandhara Tyre and Rubber Co 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.

Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.85/40.86
=0.78

* 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.

Ghandhara Tyre and Rubber Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ghandhara Tyre and Rubber Co'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)
=52.439/330.2130*330.2130
=52.439

Current CPI (Mar. 2026) = 330.2130.

Ghandhara Tyre and Rubber Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.190 241.018 33.142
201609 26.119 241.428 35.724
201612 28.808 241.432 39.401
201703 31.062 243.801 42.072
201706 31.135 244.955 41.972
201709 33.208 246.819 44.428
201712 27.283 246.524 36.545
201803 28.545 249.554 37.771
201806 29.288 251.989 38.380
201809 29.788 252.439 38.965
201812 27.094 251.233 35.612
201903 27.134 254.202 35.248
201906 27.399 256.143 35.322
201909 27.412 256.759 35.254
201912 27.011 256.974 34.709
202003 25.907 258.115 33.143
202006 24.229 257.797 31.035
202009 24.642 260.280 31.263
202012 26.882 260.474 34.079
202103 28.725 264.877 35.810
202106 28.832 271.696 35.042
202109 29.906 274.310 36.001
202112 30.811 278.802 36.493
202203 31.593 287.504 36.286
202206 31.530 296.311 35.137
202209 31.677 296.808 35.242
202212 28.858 296.797 32.107
202303 26.575 301.836 29.073
202306 47.189 305.109 51.072
202309 47.759 307.789 51.238
202312 48.495 306.746 52.205
202403 48.899 312.332 51.698
202406 49.169 314.175 51.679
202409 49.342 315.301 51.676
202412 47.505 315.605 49.704
202503 47.821 319.799 49.378
202506 55.258 322.561 56.569
202509 55.496 324.800 56.421
202512 53.927 324.054 54.952
202603 52.439 330.213 52.439

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 0.78 mean?
Ghandhara Tyre and Rubber Co (KAR:GTYR) has a Cyclically Adjusted PB Ratio of 0.78 as of Jul. 23, 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 Ghandhara Tyre and Rubber Co and its competitors. This is 26% below median its historical median of 1.05. Over the past decade, Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.52. According to the industry distribution chart, Ghandhara Tyre and Rubber Co ranks #349 out of 1030 companies in the Vehicles & Parts industry, placing it in the top 33.9%.
Is Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio too high?
Ghandhara Tyre and Rubber Co's current Cyclically Adjusted PB Ratio of 0.78 is 26% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.52. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Ghandhara Tyre and Rubber Co's value of 0.78 is 38.6% below this industry median. Based on the distribution chart, Ghandhara Tyre and Rubber Co ranks #349 out of 1030 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ghandhara Tyre and Rubber Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ghandhara Tyre and Rubber Co's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ghandhara Tyre and Rubber Co ranks #349 out of 1030 companies for Cyclically Adjusted PB Ratio. This puts Ghandhara Tyre and Rubber Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Ghandhara Tyre and Rubber Co's value of 0.78 is 38.6% below this benchmark. Historically, Ghandhara Tyre and Rubber Co's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.52 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.27, Ghandhara Tyre and Rubber Co 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 1,030 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. Ghandhara Tyre and Rubber Co's current Cyclically Adjusted PB Ratio of 0.78 is 38.6% 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 Ghandhara Tyre and Rubber Co 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. Ghandhara Tyre and Rubber Co's current Cyclically Adjusted PB Ratio is 0.78, which is 26% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghandhara Tyre and Rubber Co stock overvalued right now?
Based on GuruFocus' analysis, Ghandhara Tyre and Rubber Co (KAR:GTYR) is currently considered Fairly Valued. The stock's GF Value™ is ₨33.24, compared to a current price of ₨31.85 — trading 4.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.78, which is 26% below median its 10-year median of 1.05 and 38.6% below the Vehicles & Parts industry median of 1.27. Ghandhara Tyre and Rubber Co's overall GF Score™ is 60/100 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 Ghandhara Tyre and Rubber Co (KAR:GTYR), the current Cyclically Adjusted PB Ratio is 0.78 as of Jul. 23, 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 Ghandhara Tyre and Rubber Co (KAR:GTYR) Overvalued in 2026?

Based on GuruFocus' analysis, Ghandhara Tyre and Rubber Co stock appears to be undervalued. The current stock price of ₨31.85 is trading 4.2% below its estimated GF Value™ of ₨33.24. GuruFocus considers Ghandhara Tyre and Rubber Co to be Fairly Valued.

Key valuation signals for KAR:GTYR:

  • Cyclically Adjusted PB Ratio: 0.78 (26% below median its 10-year median of 1.05)
  • GF Value™: ₨33.24 vs. price of ₨31.85 (4.2% below fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 38.6% below the Vehicles & Parts median (#349 of 1030)

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


Ghandhara Tyre and Rubber Co Business Description

Address H-23/2, Landhi Industrial Trading Estate, Landhi, Karachi, SD, PAK
Ghandhara Tyre and Rubber Co Ltd is engaged in the manufacturing and trading of tyres and tubes for automobiles and motorcycles. Its products include passenger car tyres, light truck tyres, tractor tyres, bus tyres, motorcycle tyres and rickshaw tyres.
60GF Score

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

₨31.85
Price
₨33.24
GF Value