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Pakistan Tobacco Co (KAR:PAKT) Cyclically Adjusted PB Ratio : 9.86 (As of Jun. 13, 2024)


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What is Pakistan Tobacco Co Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Pakistan Tobacco Co's current share price is ₨908.31. Pakistan Tobacco Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨92.09. Pakistan Tobacco Co's Cyclically Adjusted PB Ratio for today is 9.86.

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

KAR:PAKT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.78   Med: 12.82   Max: 25.52
Current: 10.02

During the past years, Pakistan Tobacco Co's highest Cyclically Adjusted PB Ratio was 25.52. The lowest was 7.78. And the median was 12.82.

KAR:PAKT's Cyclically Adjusted PB Ratio is ranked worse than
88.24% of 34 companies
in the Tobacco Products industry
Industry Median: 2.665 vs KAR:PAKT: 10.02

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.

Pakistan Tobacco Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₨223.911. 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 ₨92.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Tobacco Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pakistan Tobacco 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.

* Premium members only.

Pakistan Tobacco Co Cyclically Adjusted PB Ratio Chart

Pakistan Tobacco Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.55 13.43 13.18

Pakistan Tobacco Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.00 9.34 8.92 13.18 12.19

Competitive Comparison of Pakistan Tobacco Co's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, Pakistan Tobacco 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.


Pakistan Tobacco Co's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Pakistan Tobacco Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pakistan Tobacco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=908.31/92.09
=9.86

* 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.

Pakistan Tobacco Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pakistan Tobacco Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=223.911/131.7762*131.7762
=223.911

Current CPI (Mar. 2024) = 131.7762.

Pakistan Tobacco Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.329 100.560 34.502
201409 31.216 100.428 40.960
201412 31.356 99.070 41.708
201503 39.510 99.621 52.263
201506 37.896 100.684 49.599
201509 44.142 100.392 57.942
201512 40.573 99.792 53.577
201603 51.584 100.470 67.657
201606 50.250 101.688 65.118
201609 48.939 101.861 63.312
201612 50.790 101.863 65.705
201703 56.722 102.862 72.666
201706 51.440 103.349 65.589
201709 66.229 104.136 83.808
201712 66.190 104.011 83.859
201803 80.477 105.290 100.722
201806 71.023 106.317 88.031
201809 75.573 106.507 93.503
201812 69.534 105.998 86.444
201903 80.463 107.251 98.863
201906 75.141 108.070 91.624
201909 73.616 108.329 89.549
201912 71.590 108.420 87.012
202003 82.630 108.902 99.986
202006 78.393 108.767 94.976
202009 77.976 109.815 93.570
202012 76.373 109.897 91.578
202103 93.967 111.754 110.802
202106 85.351 114.631 98.116
202109 77.960 115.734 88.766
202112 70.347 117.630 78.807
202203 89.472 121.301 97.199
202206 75.663 125.017 79.754
202209 98.036 125.227 103.164
202212 104.207 125.222 109.661
202303 130.603 127.348 135.145
202306 147.425 128.729 150.915
202309 186.154 129.860 188.902
202312 200.847 129.419 204.505
202403 223.911 131.776 223.911

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.


Pakistan Tobacco Co  (KAR:PAKT) 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.


Pakistan Tobacco Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Pakistan Tobacco Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pakistan Tobacco Co (KAR:PAKT) Business Description

Traded in Other Exchanges
N/A
Address
Serena Business Complex, P.O. Box 2549, Khayaban-e-Suhrwardy, Islamabad, PAK, 44000
Pakistan Tobacco Co Ltd is engaged in the manufacturing and distribution of cigarettes. The company's brand portfolio includes Dunhill, John Player, Capstan Filter, Gold Flake, and others.

Pakistan Tobacco Co (KAR:PAKT) Headlines

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