Shakarganj (KAR:SML) Cyclically Adjusted PB Ratio: 1.37 (As of Jul. 22, 2026) — 145% Above Median

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KAR:SML Shakarganj Ltd KAR:SML
39 GF Score
Price ₨100.61
GF Value ₨29.59
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shakarganj Cyclically Adjusted PB Ratio?

Shakarganj KAR:SML -0.88% 39 Cyclically Adjusted PB Ratio is 1.37 as of Jul. 22, 2026, which is 145% above its 10-year median of 0.56. GuruFocus rates KAR:SML with a GF Score™ of 39/100 and a GF Value™ of ₨29.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,441 Consumer Packaged Goods companies, Shakarganj ranks worse than 54.75% on this metric.

As of today (2026-07-22), Shakarganj's current share price is ₨100.61. Shakarganj's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨73.40. Shakarganj's Cyclically Adjusted PB Ratio for today is 1.37.

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

KAR:SML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.56   Max: 2.11
Current: 1.46

During the past years, Shakarganj's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.34. And the median was 0.56.

KAR:SML's Cyclically Adjusted PB Ratio is ranked worse than
54.75% of 1441 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs KAR:SML: 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.

Shakarganj's adjusted book value per share data for the three months ended in Mar. 2026 was ₨41.963. 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 ₨73.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shakarganj  (KAR:SML) 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.


Shakarganj Cyclically Adjusted PB Ratio Related Terms


Shakarganj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shakarganj'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.

Shakarganj Cyclically Adjusted PB Ratio Chart

Shakarganj Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.70 0.48 0.37 0.91

Shakarganj 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 0.36 0.93 0.91 1.55 1.68

KAR:SML vs MDLZ, HSY, TR: Cyclically Adjusted PB Ratio Comparison

For the Confectioners subindustry, Shakarganj'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.


Shakarganj Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shakarganj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


KAR:SML
39GF Score
Shakarganj Ltd KAR:SML
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shakarganj 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.

Shakarganj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.61/73.40
=1.37

* 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.

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

For example, Shakarganj'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)
=41.963/330.2130*330.2130
=41.963

Current CPI (Mar. 2026) = 330.2130.

Shakarganj Quarterly Data

Book Value per Share CPI Adj_Book
201606 44.761 241.018 61.326
201609 43.331 241.428 59.266
201612 44.316 241.432 60.612
201703 52.784 243.801 71.493
201706 53.879 244.955 72.632
201709 49.094 246.819 65.682
201712 45.970 246.524 61.576
201803 48.011 249.554 63.529
201806 47.927 251.989 62.805
201809 69.463 252.439 90.864
201812 68.887 251.233 90.543
201903 68.716 254.202 89.263
201906 66.547 256.143 85.791
201909 63.118 256.759 81.175
201912 64.259 256.974 82.573
202003 59.253 258.115 75.804
202006 57.235 257.797 73.312
202009 55.588 260.280 70.524
202012 53.378 260.474 67.669
202103 49.187 264.877 61.320
202106 47.205 271.696 57.372
202109 89.407 274.310 107.628
202112 86.334 278.802 102.254
202203 89.092 287.504 102.327
202206 88.104 296.311 98.184
202209 83.814 296.808 93.247
202212 82.318 296.797 91.586
202303 85.491 301.836 93.528
202306 83.548 305.109 90.422
202309 81.319 307.789 87.244
202312 76.922 306.746 82.807
202403 66.336 312.332 70.134
202406 61.514 314.175 64.654
202409 58.181 315.301 60.933
202412 49.608 315.605 51.904
202503 40.586 319.799 41.908
202506 37.467 322.561 38.356
202509 58.079 324.800 59.047
202512 51.823 324.054 52.808
202603 41.963 330.213 41.963

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 1.37 mean?
Shakarganj (KAR:SML) has a Cyclically Adjusted PB Ratio of 1.37 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 Shakarganj and its competitors. This is 145% above median its historical median of 0.56. Over the past decade, Shakarganj's Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.11. According to the industry distribution chart, Shakarganj ranks #789 out of 1441 companies in the Consumer Packaged Goods industry, placing it in the top 54.8%.
Is Shakarganj's Cyclically Adjusted PB Ratio too high?
Shakarganj's current Cyclically Adjusted PB Ratio of 1.37 is 145% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 2.11. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Shakarganj's value of 1.37 is 7.9% above this industry median. Based on the distribution chart, Shakarganj ranks #789 out of 1441 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Shakarganj has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shakarganj's Cyclically Adjusted PB Ratio compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Shakarganj ranks #789 out of 1441 companies for Cyclically Adjusted PB Ratio. This places Shakarganj in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Shakarganj's value of 1.37 is 7.9% above this benchmark. Historically, Shakarganj's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 2.11 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.27, Shakarganj 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,441 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. Shakarganj's current Cyclically Adjusted PB Ratio of 1.37 is 7.9% 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 Shakarganj and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shakarganj's current Cyclically Adjusted PB Ratio is 1.37, which is 145% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shakarganj stock overvalued right now?
Based on GuruFocus' analysis, Shakarganj (KAR:SML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨29.59, compared to a current price of ₨100.61 — trading 240% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 145% above median its 10-year median of 0.56 and 7.9% above the Consumer Packaged Goods industry median of 1.27. Shakarganj's overall GF Score™ is 39/100 with 3 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 Shakarganj (KAR:SML), the current Cyclically Adjusted PB Ratio is 1.37 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 Shakarganj (KAR:SML) Overvalued in 2026?

Based on GuruFocus' analysis, Shakarganj stock appears to be overvalued. The current stock price of ₨100.61 is trading 240% above its estimated GF Value™ of ₨29.59. GuruFocus considers Shakarganj to be Significantly Overvalued.

Key valuation signals for KAR:SML:

  • Cyclically Adjusted PB Ratio: 1.37 (145% above median its 10-year median of 0.56)
  • GF Value™: ₨29.59 vs. price of ₨100.61 (240% above fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 7.9% above the Consumer Packaged Goods median (#789 of 1441)

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


Shakarganj Business Description

Address Hali Road, Executive Floor, IT Tower, 73 E 1, Gulberg III, Lahore, PB, PAK
Shakarganj Ltd is principally engaged in the manufacture, purchase, and sale of sugar, biofuel and yarn (textile). The company has four reportable business segments: Sugar, Biofuel, Textile and Farms. The majority of the company's revenue is derived from the Sugar segment. Geographically, it generates the majority revenue from Afghanistan and Pakistan.
39GF Score

Get the complete analysis for KAR:SML

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

₨100.61
Price
₨29.59
GF Value