Haleon Pakistan (KAR:HALEON) Cyclically Adjusted PB Ratio: 11.42 (As of Aug. 24, 2026) — Near 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
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:HALEON Haleon Pakistan Ltd KAR:HALEON
89 GF Score
Price ₨730.14
GF Value ₨782.13
Valuation Fairly Valued
View Full Analysis

What is Haleon Pakistan Cyclically Adjusted PB Ratio?

Haleon Pakistan KAR:HALEON -0.06% 89 Cyclically Adjusted PB Ratio is 11.42 as of Aug. 24, 2026, which is 4% below its 10-year median of 11.92. GuruFocus rates KAR:HALEON with a GF Score™ of 89/100 and a GF Value™ of ₨782.13 (Fairly Valued). Among 1,325 Consumer Packaged Goods companies, Haleon Pakistan ranks worse than 96.75% on this metric.

As of today (2026-08-24), Haleon Pakistan's current share price is ₨730.14. Haleon Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨63.92. Haleon Pakistan's Cyclically Adjusted PB Ratio for today is 11.42.

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

KAR:HALEON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.35   Med: 11.92   Max: 12.74
Current: 11.42

During the past years, Haleon Pakistan's highest Cyclically Adjusted PB Ratio was 12.74. The lowest was 10.35. And the median was 11.92.

KAR:HALEON's Cyclically Adjusted PB Ratio is ranked worse than
96.75% of 1325 companies
in the Consumer Packaged Goods industry
Industry Median: 1.26 vs KAR:HALEON: 11.42

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.

Haleon Pakistan's adjusted book value per share data for the three months ended in Mar. 2026 was ₨124.437. 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 ₨63.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haleon Pakistan  (KAR:HALEON) 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.


Haleon Pakistan Cyclically Adjusted PB Ratio Related Terms


Haleon Pakistan Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Haleon 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.

Haleon Pakistan Cyclically Adjusted PB Ratio Chart

Haleon Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Haleon 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 0.00 0.00 0.00 0.00 10.78

KAR:HALEON vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Haleon 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.


Haleon Pakistan Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Haleon Pakistan's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:HALEON
89GF Score
Haleon Pakistan Ltd KAR:HALEON
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haleon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=730.14/63.92
=11.42

* 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.

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

For example, Haleon 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)
=124.437/330.2130*330.2130
=124.437

Current CPI (Mar. 2026) = 330.2130.

Haleon Pakistan Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 16.709 241.432 22.853
201703 18.248 243.801 24.716
201706 19.928 244.955 26.864
201709 21.880 246.819 29.273
201712 24.038 246.524 32.198
201803 21.466 249.554 28.404
201806 22.481 251.989 29.460
201809 24.053 252.439 31.463
201812 32.762 251.233 43.061
201903 34.192 254.202 44.416
201906 32.963 256.143 42.495
201909 35.351 256.759 45.464
201912 38.449 256.974 49.407
202003 41.017 258.115 52.474
202006 39.289 257.797 50.325
202009 41.817 260.280 53.053
202012 44.115 260.474 55.926
202103 49.369 264.877 61.547
202106 50.040 271.696 60.817
202109 53.148 274.310 63.979
202112 57.368 278.802 67.947
202203 62.123 287.504 71.351
202206 59.737 296.311 66.572
202209 56.787 296.808 63.178
202212 60.159 296.797 66.932
202303 62.749 301.836 68.648
202306 62.834 305.109 68.004
202309 65.519 307.789 70.292
202312 68.538 306.746 73.781
202403 74.085 312.332 78.326
202406 84.537 314.175 88.852
202409 95.898 315.301 100.433
202412 102.415 315.605 107.155
202503 98.927 319.799 102.148
202506 112.794 322.561 115.470
202509 116.591 324.800 118.534
202512 126.411 324.054 128.814
202603 124.437 330.213 124.437

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 11.42 mean?
Haleon Pakistan (KAR:HALEON) has a Cyclically Adjusted PB Ratio of 11.42 as of Aug. 24, 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 Haleon Pakistan and its competitors. This is near median its historical median of 11.92. Over the past decade, Haleon Pakistan's Cyclically Adjusted PB Ratio has ranged from 10.35 to 12.74. According to the industry distribution chart, Haleon Pakistan ranks #1282 out of 1325 companies in the Consumer Packaged Goods industry, placing it in the top 96.8%.
Is Haleon Pakistan's Cyclically Adjusted PB Ratio too high?
Haleon Pakistan's current Cyclically Adjusted PB Ratio of 11.42 is near median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 10.35 to a high of 12.74. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Haleon Pakistan's value of 11.42 is 806.3% above this industry median. Based on the distribution chart, Haleon Pakistan ranks #1282 out of 1325 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Haleon Pakistan has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Haleon Pakistan's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Haleon Pakistan ranks #1282 out of 1325 companies for Cyclically Adjusted PB Ratio. This places Haleon Pakistan in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Haleon Pakistan's value of 11.42 is 806.3% above this benchmark. Historically, Haleon Pakistan's own Cyclically Adjusted PB Ratio has ranged from 10.35 to 12.74 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 1.26, Haleon 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,325 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. Haleon Pakistan's current Cyclically Adjusted PB Ratio of 11.42 is 806.3% 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 Haleon Pakistan and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haleon Pakistan's current Cyclically Adjusted PB Ratio is 11.42, which is near median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haleon Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Haleon Pakistan (KAR:HALEON) is currently considered Fairly Valued. The stock's GF Value™ is ₨782.13, compared to a current price of ₨730.14 — trading 6.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.42, which is near median its 10-year median of 11.92 and 806.3% above the Consumer Packaged Goods industry median of 1.26. Haleon Pakistan's overall GF Score™ is 89/100. 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 Haleon Pakistan (KAR:HALEON), the current Cyclically Adjusted PB Ratio is 11.42 as of Aug. 24, 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 Haleon Pakistan (KAR:HALEON) Overvalued in 2026?

Based on GuruFocus' analysis, Haleon Pakistan stock appears to be undervalued. The current stock price of ₨730.14 is trading 6.6% below its estimated GF Value™ of ₨782.13. GuruFocus considers Haleon Pakistan to be Fairly Valued.

Key valuation signals for KAR:HALEON:

  • Cyclically Adjusted PB Ratio: 11.42 (near median its 10-year median of 11.92)
  • GF Value™: ₨782.13 vs. price of ₨730.14 (6.6% below fair value)
  • GF Score™: 89/100
  • Industry Position: 806.3% above the Consumer Packaged Goods median (#1282 of 1325)

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


Haleon Pakistan Business Description

Address HC-3, Block 4, Scheme-5, Clifton, 11-A, 11th Floor, Sky Tower (East Wing), Dolmen City, Karachi, SD, PAK, 75600
Haleon Pakistan Ltd is engaged in the manufacturing, marketing, and sale of consumer healthcare products in Pakistan. The company operates into one segment which is the consumer healthcare segment. It offers various products in the areas of Pain Relief, Respiratory, Oral Health, Nutrition/Gastrointestinal, and Skin Health. Some of its pharmaceutical brands include Pain Relief, Oral Health, Respiratory Health, and Wellness and Nutrition.
89GF Score

Get the complete analysis for KAR:HALEON

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

₨730.14
Price
₨782.13
GF Value