Pakistan Oilfields (KAR:POL) Cyclically Adjusted PB Ratio: 3.17 (As of Jul. 18, 2026) — 19% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:POL Pakistan Oilfields Ltd KAR:POL
92 GF Score
Price ₨679.21
GF Value ₨499.20
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Pakistan Oilfields Cyclically Adjusted PB Ratio?

Pakistan Oilfields KAR:POL +0.47% 92 Cyclically Adjusted PB Ratio is 3.17 as of Jul. 18, 2026, which is 19% above its 10-year median of 2.66. GuruFocus rates KAR:POL with a GF Score™ of 92/100 and a GF Value™ of ₨499.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 773 Oil & Gas companies, Pakistan Oilfields ranks worse than 84.61% on this metric.

As of today (2026-07-18), Pakistan Oilfields's current share price is ₨679.21. Pakistan Oilfields's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨214.40. Pakistan Oilfields's Cyclically Adjusted PB Ratio for today is 3.17.

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

KAR:POL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 2.66   Max: 3.61
Current: 3.18

During the past years, Pakistan Oilfields's highest Cyclically Adjusted PB Ratio was 3.61. The lowest was 2.20. And the median was 2.66.

KAR:POL's Cyclically Adjusted PB Ratio is ranked worse than
84.61% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs KAR:POL: 3.18

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 Oilfields's adjusted book value per share data for the three months ended in Mar. 2026 was ₨288.409. 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 ₨214.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Oilfields  (KAR:POL) 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 Oilfields Cyclically Adjusted PB Ratio Related Terms


Pakistan Oilfields Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pakistan Oilfields'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 Oilfields Cyclically Adjusted PB Ratio Chart

Pakistan Oilfields 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 2.76 2.57 2.39 2.67 2.95

Pakistan Oilfields 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 2.91 2.95 3.62 2.94 2.89

KAR:POL vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Pakistan Oilfields'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 Oilfields Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pakistan Oilfields's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:POL
92GF Score
Pakistan Oilfields Ltd KAR:POL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=679.21/214.40
=3.17

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

For example, Pakistan Oilfields'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)
=288.409/330.2130*330.2130
=288.409

Current CPI (Mar. 2026) = 330.2130.

Pakistan Oilfields Quarterly Data

Book Value per Share CPI Adj_Book
201606 122.105 241.018 167.293
201609 113.474 241.428 155.204
201612 122.161 241.432 167.083
201703 119.545 243.801 161.916
201706 147.238 244.955 198.485
201709 123.116 246.819 164.714
201712 130.635 246.524 174.982
201803 127.006 249.554 168.056
201806 140.127 251.989 183.626
201809 158.234 252.439 206.984
201812 147.113 251.233 193.361
201903 138.529 254.202 179.952
201906 146.148 256.143 188.410
201909 129.820 256.759 166.959
201912 146.882 256.974 188.744
202003 145.210 258.115 185.771
202006 147.447 257.797 188.865
202009 130.497 260.280 165.559
202012 141.212 260.474 179.020
202103 131.774 264.877 164.278
202106 162.927 271.696 198.018
202109 137.978 274.310 166.097
202112 163.675 278.802 193.857
202203 167.502 287.504 192.385
202206 195.428 296.311 217.788
202209 175.311 296.808 195.042
202212 196.538 296.797 218.666
202303 234.300 301.836 256.328
202306 257.250 305.109 278.416
202309 232.458 307.789 249.394
202312 260.313 306.746 280.228
202403 279.202 312.332 295.186
202406 305.569 314.175 321.168
202409 245.042 315.301 256.631
202412 271.849 315.605 284.432
202503 270.326 319.799 279.129
202506 291.411 322.561 298.324
202509 262.151 324.800 266.520
202512 285.168 324.054 290.588
202603 288.409 330.213 288.409

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 3.17 mean?
Pakistan Oilfields (KAR:POL) has a Cyclically Adjusted PB Ratio of 3.17 as of Jul. 18, 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 Oilfields and its competitors. This is 19% above median its historical median of 2.66. Over the past decade, Pakistan Oilfields' Cyclically Adjusted PB Ratio has ranged from 2.20 to 3.61. According to the industry distribution chart, Pakistan Oilfields ranks #654 out of 773 companies in the Oil & Gas industry, placing it in the top 84.6%.
Is Pakistan Oilfields' Cyclically Adjusted PB Ratio too high?
Pakistan Oilfields' current Cyclically Adjusted PB Ratio of 3.17 is 19% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 3.61. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Pakistan Oilfields' value of 3.17 is 168.6% above this industry median. Based on the distribution chart, Pakistan Oilfields ranks #654 out of 773 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pakistan Oilfields has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Oilfields' Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Pakistan Oilfields ranks #654 out of 773 companies for Cyclically Adjusted PB Ratio. This places Pakistan Oilfields in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Pakistan Oilfields' value of 3.17 is 168.6% above this benchmark. Historically, Pakistan Oilfields' own Cyclically Adjusted PB Ratio has ranged from 2.20 to 3.61 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 1.18, Pakistan Oilfields 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 773 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 Oilfields's current Cyclically Adjusted PB Ratio of 3.17 is 168.6% 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 Pakistan Oilfields and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Oilfields's current Cyclically Adjusted PB Ratio is 3.17, which is 19% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Oilfields stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Oilfields (KAR:POL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨499.20, compared to a current price of ₨679.21 — trading 36.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.17, which is 19% above median its 10-year median of 2.66 and 168.6% above the Oil & Gas industry median of 1.18. Pakistan Oilfields' overall GF Score™ is 92/100 with 7 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 Oilfields (KAR:POL), the current Cyclically Adjusted PB Ratio is 3.17 as of Jul. 18, 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 Oilfields (KAR:POL) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Oilfields stock appears to be overvalued. The current stock price of ₨679.21 is trading 36.1% above its estimated GF Value™ of ₨499.20. GuruFocus considers Pakistan Oilfields to be Significantly Overvalued.

Key valuation signals for KAR:POL:

  • Cyclically Adjusted PB Ratio: 3.17 (19% above median its 10-year median of 2.66)
  • GF Value™: ₨499.20 vs. price of ₨679.21 (36.1% above fair value)
  • GF Score™: 92/100 with 7 warning signs
  • Industry Position: 168.6% above the Oil & Gas median (#654 of 773)

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


Pakistan Oilfields Business Description

Industry EnergyOil & Gas
Address P.O.L. House, Morgah, Rawalpindi, PB, PAK
Pakistan Oilfields Ltd (POL) is principally engaged in the exploration, drilling, and production of crude oil and gas. The company also manufactures LPG (Liquified Petroleum Gas), solvent oil, and sulphur. It markets LPG under its own brand named POLGAS as well as through its subsidiary.
92GF Score

Get the complete analysis for KAR:POL

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

₨679.21
Price
₨499.20
GF Value