Pakistan International Bulk Terminal (KAR:PIBTL) Cyclically Adjusted PB Ratio: 1.48 (As of Jul. 22, 2026) — 121% Above Median

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Director of Data and Quant Analytics at GuruFocus
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KAR:PIBTL Pakistan International Bulk Terminal Ltd KAR:PIBTL
68 GF Score
Price ₨16.74
GF Value ₨12.29
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Pakistan International Bulk Terminal Cyclically Adjusted PB Ratio?

Pakistan International Bulk Terminal KAR:PIBTL -0.42% 68 Cyclically Adjusted PB Ratio is 1.48 as of Jul. 22, 2026, which is 121% above its 10-year median of 0.67. GuruFocus rates KAR:PIBTL with a GF Score™ of 68/100 and a GF Value™ of ₨12.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 738 Transportation companies, Pakistan International Bulk Terminal ranks worse than 57.05% on this metric.

As of today (2026-07-22), Pakistan International Bulk Terminal's current share price is ₨16.74. Pakistan International Bulk Terminal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨11.31. Pakistan International Bulk Terminal's Cyclically Adjusted PB Ratio for today is 1.48.

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

KAR:PIBTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.67   Max: 1.94
Current: 1.46

During the past years, Pakistan International Bulk Terminal's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 0.27. And the median was 0.67.

KAR:PIBTL's Cyclically Adjusted PB Ratio is ranked worse than
57.05% of 738 companies
in the Transportation industry
Industry Median: 1.245 vs KAR:PIBTL: 1.46

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 International Bulk Terminal's adjusted book value per share data for the three months ended in Mar. 2026 was ₨9.849. 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 ₨11.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan International Bulk Terminal  (KAR:PIBTL) 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 International Bulk Terminal Cyclically Adjusted PB Ratio Related Terms


Pakistan International Bulk Terminal Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pakistan International Bulk Terminal'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.

Pakistan International Bulk Terminal Cyclically Adjusted PB Ratio Chart

Pakistan International Bulk Terminal 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 0.31 0.56 0.78

Pakistan International Bulk Terminal 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 0.93 0.78 1.22 1.69 1.26

KAR:PIBTL vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Pakistan International Bulk Terminal'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 International Bulk Terminal Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan International Bulk Terminal's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:PIBTL
68GF Score
Pakistan International Bulk Terminal Ltd KAR:PIBTL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan International Bulk Terminal 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 International Bulk Terminal's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.74/11.31
=1.48

* 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 International Bulk Terminal's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pakistan International Bulk Terminal'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)
=9.849/330.2130*330.2130
=9.849

Current CPI (Mar. 2026) = 330.2130.

Pakistan International Bulk Terminal Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.845 241.018 12.118
201609 8.848 241.428 12.102
201612 8.864 241.432 12.124
201703 9.860 243.801 13.355
201706 9.858 244.955 13.289
201709 9.094 246.819 12.167
201712 8.338 246.524 11.169
201803 7.515 249.554 9.944
201806 8.266 251.989 10.832
201809 8.520 252.439 11.145
201812 7.760 251.233 10.200
201903 8.022 254.202 10.421
201906 7.192 256.143 9.272
201909 7.497 256.759 9.642
201912 7.713 256.974 9.911
202003 7.607 258.115 9.732
202006 7.835 257.797 10.036
202009 8.094 260.280 10.269
202012 8.546 260.474 10.834
202103 12.410 264.877 15.471
202106 12.536 271.696 15.236
202109 12.483 274.310 15.027
202112 12.534 278.802 14.845
202203 12.451 287.504 14.301
202206 11.978 296.311 13.348
202209 11.733 296.808 13.054
202212 11.848 296.797 13.182
202303 10.532 301.836 11.522
202306 7.803 305.109 8.445
202309 9.382 307.789 10.066
202312 9.651 306.746 10.389
202403 9.838 312.332 10.401
202406 8.786 314.175 9.235
202409 9.798 315.301 10.261
202412 10.473 315.605 10.958
202503 10.187 319.799 10.519
202506 8.657 322.561 8.862
202509 9.003 324.800 9.153
202512 9.502 324.054 9.683
202603 9.849 330.213 9.849

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 1.48 mean?
Pakistan International Bulk Terminal (KAR:PIBTL) has a Cyclically Adjusted PB Ratio of 1.48 as of Jul. 22, 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 Pakistan International Bulk Terminal and its competitors. This is 121% above median its historical median of 0.67. Over the past decade, Pakistan International Bulk Terminal's Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.94. According to the industry distribution chart, Pakistan International Bulk Terminal ranks #421 out of 738 companies in the Transportation industry, placing it in the top 57%.
Is Pakistan International Bulk Terminal's Cyclically Adjusted PB Ratio too high?
Pakistan International Bulk Terminal's current Cyclically Adjusted PB Ratio of 1.48 is 121% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.94. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Pakistan International Bulk Terminal's value of 1.48 is 18.9% above this industry median. Based on the distribution chart, Pakistan International Bulk Terminal ranks #421 out of 738 companies in the Transportation industry, which is below the industry midpoint. Overall, Pakistan International Bulk Terminal has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan International Bulk Terminal's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Pakistan International Bulk Terminal ranks #421 out of 738 companies for Cyclically Adjusted PB Ratio. This places Pakistan International Bulk Terminal in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Pakistan International Bulk Terminal's value of 1.48 is 18.9% above this benchmark. Historically, Pakistan International Bulk Terminal's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.94 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.25, Pakistan International Bulk Terminal 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 738 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. Pakistan International Bulk Terminal's current Cyclically Adjusted PB Ratio of 1.48 is 18.9% 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 Pakistan International Bulk Terminal and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan International Bulk Terminal's current Cyclically Adjusted PB Ratio is 1.48, which is 121% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan International Bulk Terminal stock overvalued right now?
Based on GuruFocus' analysis, Pakistan International Bulk Terminal (KAR:PIBTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨12.29, compared to a current price of ₨16.74 — trading 36.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.48, which is 121% above median its 10-year median of 0.67 and 18.9% above the Transportation industry median of 1.25. Pakistan International Bulk Terminal's overall GF Score™ is 68/100 with 5 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 Pakistan International Bulk Terminal (KAR:PIBTL), the current Cyclically Adjusted PB Ratio is 1.48 as of Jul. 22, 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 Pakistan International Bulk Terminal (KAR:PIBTL) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan International Bulk Terminal stock appears to be overvalued. The current stock price of ₨16.74 is trading 36.2% above its estimated GF Value™ of ₨12.29. GuruFocus considers Pakistan International Bulk Terminal to be Significantly Overvalued.

Key valuation signals for KAR:PIBTL:

  • Cyclically Adjusted PB Ratio: 1.48 (121% above median its 10-year median of 0.67)
  • GF Value™: ₨12.29 vs. price of ₨16.74 (36.2% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 18.9% above the Transportation median (#421 of 738)

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


Pakistan International Bulk Terminal Business Description

Address Mumtaz Hassan Road, 2nd Floor, Business Plaza, Karachi, SD, PAK, 74000
Pakistan International Bulk Terminal Ltd is engaged in the operations and management of a coal and clinker and cement terminal at Port Muhammad Bin Qasim. The company handles and delivers coal to Power and Cement plants by utilizing the rail, road, and sea networks.
68GF Score

Get the complete analysis for KAR:PIBTL

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

₨16.74
Price
₨12.29
GF Value