Sapphire Fibres (KAR:SFL) Cyclically Adjusted PB Ratio: 0.55 (As of Aug. 09, 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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KAR:SFL Sapphire Fibres Ltd KAR:SFL
81 GF Score
Price ₨1,112.76
GF Value ₨989.84
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Sapphire Fibres Cyclically Adjusted PB Ratio?

Sapphire Fibres KAR:SFL -2.41% 81 Cyclically Adjusted PB Ratio is 0.55 as of Aug. 09, 2026, which is 29% below its 10-year median of 0.77. GuruFocus rates KAR:SFL with a GF Score™ of 81/100 and a GF Value™ of ₨989.84 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 842 Manufacturing - Apparel & Accessories companies, Sapphire Fibres ranks better than 71.02% on this metric.

As of today (2026-08-09), Sapphire Fibres's current share price is ₨1112.76. Sapphire Fibres's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨2,010.10. Sapphire Fibres's Cyclically Adjusted PB Ratio for today is 0.55.

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

KAR:SFL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.77   Max: 1.34
Current: 0.55

During the past years, Sapphire Fibres's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.48. And the median was 0.77.

KAR:SFL's Cyclically Adjusted PB Ratio is ranked better than
71.02% of 842 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.985 vs KAR:SFL: 0.55

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.

Sapphire Fibres's adjusted book value per share data for the three months ended in Mar. 2026 was ₨4,301.461. 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 ₨2,010.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sapphire Fibres  (KAR:SFL) 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.


Sapphire Fibres Cyclically Adjusted PB Ratio Related Terms


Sapphire Fibres Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sapphire Fibres'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.

Sapphire Fibres Cyclically Adjusted PB Ratio Chart

Sapphire Fibres 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 0.81 1.05 0.62

Sapphire Fibres 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 0.67 0.62 0.77 0.63 0.50

Sapphire Fibres Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Sapphire Fibres'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.


Sapphire Fibres Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sapphire Fibres's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:SFL
81GF Score
Sapphire Fibres Ltd KAR:SFL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sapphire Fibres 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.

Sapphire Fibres's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1112.76/2010.10
=0.55

* 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.

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

For example, Sapphire Fibres'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)
=4301.461/330.2130*330.2130
=4,301.461

Current CPI (Mar. 2026) = 330.2130.

Sapphire Fibres Quarterly Data

Book Value per Share CPI Adj_Book
201606 919.776 241.018 1,260.163
201609 956.278 241.428 1,307.949
201612 1,019.601 241.432 1,394.536
201703 1,038.745 243.801 1,406.914
201706 1,039.544 244.955 1,401.363
201709 986.224 246.819 1,319.445
201712 981.197 246.524 1,314.290
201803 1,064.662 249.554 1,408.774
201806 1,031.102 251.989 1,351.183
201809 1,053.023 252.439 1,377.449
201812 1,033.358 251.233 1,358.214
201903 1,089.515 254.202 1,415.300
201906 1,094.425 256.143 1,410.905
201909 1,136.220 256.759 1,461.272
201912 1,232.589 256.974 1,583.884
202003 1,147.204 258.115 1,467.647
202006 1,195.426 257.797 1,531.225
202009 1,290.163 260.280 1,636.809
202012 1,338.208 260.474 1,696.498
202103 1,363.692 264.877 1,700.068
202106 1,416.451 271.696 1,721.522
202109 1,470.672 274.310 1,770.388
202112 1,556.319 278.802 1,843.304
202203 1,618.716 287.504 1,859.178
202206 1,694.772 296.311 1,888.677
202209 1,768.073 296.808 1,967.065
202212 1,790.078 296.797 1,991.621
202303 1,900.225 301.836 2,078.874
202306 1,985.307 305.109 2,148.656
202309 2,079.449 307.789 2,230.947
202312 2,153.006 306.746 2,317.717
202403 2,204.097 312.332 2,330.282
202406 2,341.367 314.175 2,460.889
202409 2,393.145 315.301 2,506.328
202412 2,497.175 315.605 2,612.759
202503 2,491.282 319.799 2,572.409
202506 4,097.204 322.561 4,194.401
202509 4,307.434 324.800 4,379.220
202512 4,341.951 324.054 4,424.475
202603 4,301.461 330.213 4,301.461

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 0.55 mean?
Sapphire Fibres (KAR:SFL) has a Cyclically Adjusted PB Ratio of 0.55 as of Aug. 09, 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 Sapphire Fibres and its competitors. This is 29% below median its historical median of 0.77. Over the past decade, Sapphire Fibres' Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.34. According to the industry distribution chart, Sapphire Fibres ranks #244 out of 842 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29%.
Is Sapphire Fibres' Cyclically Adjusted PB Ratio too high?
Sapphire Fibres' current Cyclically Adjusted PB Ratio of 0.55 is 29% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.34. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.99. Sapphire Fibres' value of 0.55 is 44.2% below this industry median. Based on the distribution chart, Sapphire Fibres ranks #244 out of 842 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sapphire Fibres has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sapphire Fibres' Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sapphire Fibres ranks #244 out of 842 companies for Cyclically Adjusted PB Ratio. This puts Sapphire Fibres in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Sapphire Fibres' value of 0.55 is 44.2% below this benchmark. Historically, Sapphire Fibres' own Cyclically Adjusted PB Ratio has ranged from 0.48 to 1.34 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.99, Sapphire Fibres has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.99, based on 842 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. Sapphire Fibres's current Cyclically Adjusted PB Ratio of 0.55 is 44.2% below 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 Sapphire Fibres and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sapphire Fibres's current Cyclically Adjusted PB Ratio is 0.55, which is 29% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sapphire Fibres stock overvalued right now?
Based on GuruFocus' analysis, Sapphire Fibres (KAR:SFL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨989.84, compared to a current price of ₨1,112.76 — trading 12.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.55, which is 29% below median its 10-year median of 0.77 and 44.2% below the Manufacturing - Apparel & Accessories industry median of 0.99. Sapphire Fibres' overall GF Score™ is 81/100 with 9 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 Sapphire Fibres (KAR:SFL), the current Cyclically Adjusted PB Ratio is 0.55 as of Aug. 09, 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 Sapphire Fibres (KAR:SFL) Overvalued in 2026?

Based on GuruFocus' analysis, Sapphire Fibres stock appears to be overvalued. The current stock price of ₨1,112.76 is trading 12.4% above its estimated GF Value™ of ₨989.84. GuruFocus considers Sapphire Fibres to be Modestly Overvalued.

Key valuation signals for KAR:SFL:

  • Cyclically Adjusted PB Ratio: 0.55 (29% below median its 10-year median of 0.77)
  • GF Value™: ₨989.84 vs. price of ₨1,112.76 (12.4% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 44.2% below the Manufacturing - Apparel & Accessories median (#244 of 842)

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


Sapphire Fibres Business Description

Address 73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK
Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim; and Power.
81GF Score

Get the complete analysis for KAR:SFL

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

₨1,112.76
Price
₨989.84
GF Value