Lucky Core Industries (KAR:LCI) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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:LCI Lucky Core Industries Ltd KAR:LCI
86 GF Score
Price ₨210.82
GF Value ₨225.02
Valuation Fairly Valued
! 2 Warning Signs
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What is Lucky Core Industries Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lucky Core Industries  (KAR:LCI) 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.


Lucky Core Industries Cyclically Adjusted PB Ratio Related Terms


Lucky Core Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lucky Core Industries'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.

Lucky Core Industries Cyclically Adjusted PB Ratio Chart

Lucky Core Industries Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.00 1.58 2.83 2.23

Lucky Core Industries 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 1.47 1.55 1.35 1.08 1.10

KAR:LCI vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Lucky Core Industries'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.


Lucky Core Industries Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lucky Core Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lucky Core Industries's Cyclically Adjusted PB Ratio falls into.


KAR:LCI
86GF Score
Lucky Core Industries Ltd KAR:LCI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lucky Core Industries 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.

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

For example, Lucky Core Industries'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)
=128.707/333.9520*333.9520
=128.707

Current CPI (Jun. 2026) = 333.9520.

Lucky Core Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 175.540 241.428 242.813
201612 175.695 241.432 243.024
201703 177.286 243.801 242.842
201706 191.922 244.955 261.651
201709 190.856 246.819 258.233
201712 199.563 246.524 270.337
201803 213.618 249.554 285.863
201806 43.380 251.989 57.490
201809 214.308 252.439 283.508
201812 217.333 251.233 288.890
201903 223.100 254.202 293.092
201906 46.325 256.143 60.397
201909 236.132 256.759 307.124
201912 248.396 256.974 322.804
202003 243.461 258.115 314.992
202006 47.624 257.797 61.692
202009 251.115 260.280 322.193
202012 267.885 260.474 343.454
202103 270.937 264.877 341.592
202106 55.001 271.696 67.604
202109 307.782 274.310 374.702
202112 332.812 278.802 398.646
202203 336.151 287.504 390.458
202206 72.091 296.311 81.249
202209 366.461 296.808 412.322
202212 380.908 296.797 428.593
202303 104.183 301.836 115.268
202306 95.181 305.109 104.179
202309 94.076 307.789 102.073
202312 99.496 306.746 108.321
202403 100.372 312.332 107.320
202406 107.099 314.175 113.841
202409 106.181 315.301 112.462
202412 114.144 315.605 120.780
202503 112.993 319.799 117.994
202506 119.084 322.561 123.289
202509 117.544 324.800 120.856
202512 122.842 324.054 126.594
202603 121.716 330.213 123.094
202606 128.707 333.952 128.707

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.

Is Lucky Core Industries (KAR:LCI) Overvalued in 2026?

Based on GuruFocus' analysis, Lucky Core Industries stock appears to be undervalued. The current stock price of ₨210.82 is trading 6.3% below its estimated GF Value™ of ₨225.02. GuruFocus considers Lucky Core Industries to be Fairly Valued.

Key valuation signals for KAR:LCI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₨225.02 vs. price of ₨210.82 (6.3% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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


Lucky Core Industries Business Description

Address 5 West Wharf Road, ICI House, Karachi, PAK, 74000
Lucky Core Industries Ltd is a Pakistan-based manufacturing and trading company in AgriSciences. The company is organised into business units based on its products and services and has five reportable segments, namely Polyester, Soda Ash, Animal Health, Pharma and Chemicals, and Agri Sciences. It exports its products and services in Bangladesh, China, Sri Lanka, the United States, the UAE, and other countries.
86GF Score

Get the complete analysis for KAR:LCI

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

₨210.82
Price
₨225.02
GF Value