Philip Morris (Pakistan) (KAR:PMPK) Cyclically Adjusted PB Ratio: 23.44 (As of Aug. 20, 2026)

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KAR:PMPK Philip Morris (Pakistan) Ltd KAR:PMPK
13 GF Score
Price ₨1,431.85
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What is Philip Morris (Pakistan) Cyclically Adjusted PB Ratio?

Philip Morris (Pakistan) KAR:PMPK 13 Cyclically Adjusted PB Ratio is 23.44 as of Aug. 20, 2026. GuruFocus rates KAR:PMPK with a GF Score™ of 13/100.

As of today (2026-08-20), Philip Morris (Pakistan)'s current share price is ₨1431.85. Philip Morris (Pakistan)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was ₨61.09. Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio for today is 23.44.

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

KAR:PMPK's Cyclically Adjusted PB Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 2.41
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Philip Morris (Pakistan)'s adjusted book value per share data for the three months ended in Jun. 2025 was ₨61.355. 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 ₨61.09 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philip Morris (Pakistan)  (KAR:PMPK) 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.


Philip Morris (Pakistan) Cyclically Adjusted PB Ratio Related Terms


Philip Morris (Pakistan) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Philip Morris (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.

Philip Morris (Pakistan) Cyclically Adjusted PB Ratio Chart

Philip Morris (Pakistan) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 13.74 9.59 9.15 11.71

Philip Morris (Pakistan) Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 9.16 7.10 11.71 13.18 21.28

KAR:PMPK vs PM, MO, TPB: Cyclically Adjusted PB Ratio Comparison

For the Tobacco subindustry, Philip Morris (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.


Philip Morris (Pakistan) Cyclically Adjusted PB Ratio vs Tobacco Products Industry

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

* The bar in red indicates where Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio falls into.


KAR:PMPK
13GF Score
Philip Morris (Pakistan) Ltd KAR:PMPK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Philip Morris (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.

Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1431.85/61.09
=23.44

* 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.

Philip Morris (Pakistan)'s Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Philip Morris (Pakistan)'s adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=61.355/322.5610*322.5610
=61.355

Current CPI (Jun. 2025) = 322.5610.

Philip Morris (Pakistan) Quarterly Data

Book Value per Share CPI Adj_Book
201509 59.282 237.945 80.363
201512 43.023 236.525 58.673
201603 58.684 238.132 79.490
201606 67.966 241.018 90.961
201609 53.555 241.428 71.552
201612 51.315 241.432 68.559
201703 46.436 243.801 61.437
201706 44.016 244.955 57.961
201709 52.830 246.819 69.042
201712 40.130 246.524 52.508
201803 39.571 249.554 51.147
201806 39.604 251.989 50.695
201809 42.158 252.439 53.869
201812 35.410 251.233 45.463
201903 14.855 254.202 18.850
201906 25.677 256.143 32.335
201909 12.977 256.759 16.303
201912 3.585 256.974 4.500
202003 9.454 258.115 11.814
202006 23.708 257.797 29.664
202009 33.054 260.280 40.963
202012 10.448 260.474 12.938
202103 22.115 264.877 26.931
202106 38.082 271.696 45.211
202109 43.782 274.310 51.483
202112 47.765 278.802 55.262
202203 66.437 287.504 74.538
202206 72.093 296.311 78.480
202209 85.772 296.808 93.214
202212 78.023 296.797 84.796
202303 84.183 301.836 89.963
202306 83.848 305.109 88.644
202309 88.512 307.789 92.760
202312 83.870 306.746 88.194
202403 90.984 312.332 93.964
202406 92.561 314.175 95.032
202409 90.657 315.301 92.744
202412 89.430 315.605 91.401
202503 80.016 319.799 80.707
202506 61.355 322.561 61.355

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 23.44 mean?
Philip Morris (Pakistan) (KAR:PMPK) has a Cyclically Adjusted PB Ratio of 23.44 as of Aug. 20, 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 Philip Morris (Pakistan) and its competitors.
Is Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio too high?
Philip Morris (Pakistan)'s current Cyclically Adjusted PB Ratio is 23.44. The Tobacco Products industry median Cyclically Adjusted PB Ratio is 2.41. Philip Morris (Pakistan)'s value of 23.44 is 872.6% above this industry median. Overall, Philip Morris (Pakistan) has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio compare to PM and MO?
Philip Morris (Pakistan)'s Cyclically Adjusted PB Ratio of 23.44 can be compared against companies in the Tobacco Products industry. The industry median Cyclically Adjusted PB Ratio is 2.41. Philip Morris (Pakistan)'s value of 23.44 is 872.6% above this benchmark. 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 Tobacco Products company?
The median Cyclically Adjusted PB Ratio among Tobacco Products companies is 2.41, based on 28 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. Philip Morris (Pakistan)'s current Cyclically Adjusted PB Ratio of 23.44 is 872.6% 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 Philip Morris (Pakistan) and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PB Ratio is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philip Morris (Pakistan)'s current Cyclically Adjusted PB Ratio is 23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philip Morris (Pakistan) stock overvalued right now?
Philip Morris (Pakistan) (KAR:PMPK) has a current Cyclically Adjusted PB Ratio of 23.44. The current Cyclically Adjusted PB Ratio is 23.44 and 872.6% above the Tobacco Products industry median of 2.41. Philip Morris (Pakistan)'s overall GF Score™ is 13/100. 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 Philip Morris (Pakistan) (KAR:PMPK), the current Cyclically Adjusted PB Ratio is 23.44 as of Aug. 20, 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.

Philip Morris (Pakistan) Business Description

Address Plot HC-3, Block 4, Corporate Office Block, Office 04 & 05, 5th Floor, Dolmen City, Clifton, Karachi, SD, PAK, 75600
Philip Morris (Pakistan) Ltd is a cigarette manufacturing company engaged in the manufacture, distribution, and sale of cigarettes, tobacco products, and other smoke-free products in Pakistan.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨1,431.85
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