Hinopak Motors (KAR:HINO) Cyclically Adjusted PB Ratio: 1.60 (As of Aug. 12, 2026) — 23% Above Median

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KAR:HINO Hinopak Motors Ltd KAR:HINO
70 GF Score
Price ₨380.72
GF Value ₨376.52
Valuation Fairly Valued
! 4 Warning Signs
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What is Hinopak Motors Cyclically Adjusted PB Ratio?

Hinopak Motors KAR:HINO -0.13% 70 Cyclically Adjusted PB Ratio is 1.60 as of Aug. 12, 2026, which is 23% above its 10-year median of 1.30. GuruFocus rates KAR:HINO with a GF Score™ of 70/100 and a GF Value™ of ₨376.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, Hinopak Motors ranks worse than 51.81% on this metric.

As of today (2026-08-12), Hinopak Motors's current share price is ₨380.72. Hinopak Motors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₨237.70. Hinopak Motors's Cyclically Adjusted PB Ratio for today is 1.60.

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

KAR:HINO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.3   Max: 2.47
Current: 1.63

During the past years, Hinopak Motors's highest Cyclically Adjusted PB Ratio was 2.47. The lowest was 0.78. And the median was 1.30.

KAR:HINO's Cyclically Adjusted PB Ratio is ranked worse than
51.81% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.565 vs KAR:HINO: 1.63

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.

Hinopak Motors's adjusted book value per share data for the three months ended in Jun. 2026 was ₨253.005. 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 ₨237.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hinopak Motors  (KAR:HINO) 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.


Hinopak Motors Cyclically Adjusted PB Ratio Related Terms


Hinopak Motors Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hinopak Motors'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.

Hinopak Motors Cyclically Adjusted PB Ratio Chart

Hinopak Motors Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.89 1.03 1.58 1.29

Hinopak Motors Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.80 2.16 1.96 1.29 1.80

KAR:HINO vs CAT, DE, PCAR: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Hinopak Motors'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.


Hinopak Motors Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hinopak Motors's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:HINO
70GF Score
Hinopak Motors Ltd KAR:HINO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hinopak Motors 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.

Hinopak Motors's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=380.72/237.70
=1.60

* 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.

Hinopak Motors's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hinopak Motors's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=253.005/333.9520*333.9520
=253.005

Current CPI (Jun. 2026) = 333.9520.

Hinopak Motors Quarterly Data

Book Value per Share CPI Adj_Book
201609 190.122 241.428 262.984
201612 214.246 241.432 296.348
201703 255.967 243.801 350.617
201706 231.377 244.955 315.441
201709 252.543 246.819 341.697
201712 262.815 246.524 356.020
201803 284.124 249.554 380.213
201806 244.238 251.989 323.680
201809 242.927 252.439 321.369
201812 206.014 251.233 273.845
201903 191.153 254.202 251.123
201906 158.535 256.143 206.693
201909 118.565 256.759 154.211
201912 92.791 256.974 120.587
202003 91.758 258.115 118.718
202006 69.659 257.797 90.237
202009 64.081 260.280 82.219
202012 166.081 260.474 212.931
202103 174.090 264.877 219.489
202106 175.043 271.696 215.152
202109 183.915 274.310 223.903
202112 187.862 278.802 225.023
202203 200.220 287.504 232.567
202206 202.305 296.311 228.004
202209 200.344 296.808 225.416
202212 200.631 296.797 225.747
202303 207.843 301.836 229.958
202306 203.586 305.109 222.832
202309 203.652 307.789 220.963
202312 198.012 306.746 215.574
202403 213.528 312.332 228.309
202406 208.702 314.175 221.840
202409 211.623 315.301 224.141
202412 210.132 315.605 222.348
202503 219.884 319.799 229.615
202506 236.690 322.561 245.049
202509 241.669 324.800 248.479
202512 237.104 324.054 244.346
202603 244.550 330.213 247.319
202606 253.005 333.952 253.005

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 1.60 mean?
Hinopak Motors (KAR:HINO) has a Cyclically Adjusted PB Ratio of 1.60 as of Aug. 12, 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 Hinopak Motors and its competitors. This is 23% above median its historical median of 1.30. Over the past decade, Hinopak Motors' Cyclically Adjusted PB Ratio has ranged from 0.78 to 2.47. According to the industry distribution chart, Hinopak Motors ranks #86 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 51.8%.
Is Hinopak Motors' Cyclically Adjusted PB Ratio too high?
Hinopak Motors' current Cyclically Adjusted PB Ratio of 1.60 is 23% above median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.47. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.57. Hinopak Motors' value of 1.60 is 2.2% above this industry median. Based on the distribution chart, Hinopak Motors ranks #86 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Hinopak Motors has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hinopak Motors' Cyclically Adjusted PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hinopak Motors ranks #86 out of 166 companies for Cyclically Adjusted PB Ratio. This places Hinopak Motors in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.57. Hinopak Motors' value of 1.60 is 2.2% above this benchmark. Historically, Hinopak Motors' own Cyclically Adjusted PB Ratio has ranged from 0.78 to 2.47 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 1.57, Hinopak Motors 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.57, based on 166 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. Hinopak Motors's current Cyclically Adjusted PB Ratio of 1.60 is 2.2% 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 Hinopak Motors and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinopak Motors's current Cyclically Adjusted PB Ratio is 1.60, which is 23% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hinopak Motors stock overvalued right now?
Based on GuruFocus' analysis, Hinopak Motors (KAR:HINO) is currently considered Fairly Valued. The stock's GF Value™ is ₨376.52, compared to a current price of ₨380.72 — trading 1.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.60, which is 23% above median its 10-year median of 1.30 and 2.2% above the Farm & Heavy Construction Machinery industry median of 1.57. Hinopak Motors' overall GF Score™ is 70/100 with 4 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 Hinopak Motors (KAR:HINO), the current Cyclically Adjusted PB Ratio is 1.60 as of Aug. 12, 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 Hinopak Motors (KAR:HINO) Overvalued in 2026?

Based on GuruFocus' analysis, Hinopak Motors stock appears to be overvalued. The current stock price of ₨380.72 is trading 1.1% above its estimated GF Value™ of ₨376.52. GuruFocus considers Hinopak Motors to be Fairly Valued.

Key valuation signals for KAR:HINO:

  • Cyclically Adjusted PB Ratio: 1.60 (23% above median its 10-year median of 1.30)
  • GF Value™: ₨376.52 vs. price of ₨380.72 (1.1% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 2.2% above the Farm & Heavy Construction Machinery median (#86 of 166)

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


Hinopak Motors Business Description

Address D-2 S.I.T.E. Manghopir Road, P.O. Box No. 10714, Karachi, SD, PAK, 75700
Hinopak Motors Ltd engages in the assembling, manufacturing, and marketing of Hino diesel trucks and buses in Pakistan. Its products are Trucks, Buses, Specialized Vehicles, and Technology. The company's bus range includes Roadliner Supreme Luxury Bus for long journeys, Citiliner Intercity Buses, Citiliner Urban Buses, luxury Senator Coach, and Rapidliner Deluxe Coach. Its truck range includes Hino 300 Series, Hino 500 Series, and Prime Movers. The company's specialized vehicles are engaged in the hauling of a variety of supplies like food, equipment, and machinery, virtually from any location to any destination.
70GF Score

Get the complete analysis for KAR:HINO

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

₨380.72
Price
₨376.52
GF Value