Unilever Pakistan Foods (KAR:UPFL) Cyclically Adjusted PB Ratio: 25.50 (As of Aug. 05, 2026) — 40% Below Median

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KAR:UPFL Unilever Pakistan Foods Ltd KAR:UPFL
94 GF Score
Price ₨25,386.00
GF Value ₨29,383.43
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Unilever Pakistan Foods Cyclically Adjusted PB Ratio?

Unilever Pakistan Foods KAR:UPFL +0.34% 94 Cyclically Adjusted PB Ratio is 25.50 as of Aug. 05, 2026, which is 40% below its 10-year median of 42.61. GuruFocus rates KAR:UPFL with a GF Score™ of 94/100 and a GF Value™ of ₨29,383.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,421 Consumer Packaged Goods companies, Unilever Pakistan Foods ranks worse than 98.73% on this metric.

As of today (2026-08-05), Unilever Pakistan Foods's current share price is ₨25386.00. Unilever Pakistan Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₨995.64. Unilever Pakistan Foods's Cyclically Adjusted PB Ratio for today is 25.50.

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

KAR:UPFL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 22.93   Med: 42.61   Max: 87.45
Current: 25.12

During the past years, Unilever Pakistan Foods's highest Cyclically Adjusted PB Ratio was 87.45. The lowest was 22.93. And the median was 42.61.

KAR:UPFL's Cyclically Adjusted PB Ratio is ranked worse than
98.73% of 1421 companies
in the Consumer Packaged Goods industry
Industry Median: 1.25 vs KAR:UPFL: 25.12

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.

Unilever Pakistan Foods's adjusted book value per share data for the three months ended in Mar. 2026 was ₨1,330.609. 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 ₨995.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unilever Pakistan Foods  (KAR:UPFL) 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.


Unilever Pakistan Foods Cyclically Adjusted PB Ratio Related Terms


Unilever Pakistan Foods Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Unilever Pakistan Foods'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.

Unilever Pakistan Foods Cyclically Adjusted PB Ratio Chart

Unilever Pakistan Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.88 69.81 38.47 26.26 30.44

Unilever Pakistan Foods 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 26.37 25.99 32.83 30.44 24.39

KAR:UPFL vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Unilever Pakistan Foods'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.


Unilever Pakistan Foods Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

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

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


KAR:UPFL
94GF Score
Unilever Pakistan Foods Ltd KAR:UPFL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unilever Pakistan Foods 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25386.00/995.64
=25.50

* 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.

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

For example, Unilever Pakistan Foods'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)
=1330.609/330.2130*330.2130
=1,330.609

Current CPI (Mar. 2026) = 330.2130.

Unilever Pakistan Foods Quarterly Data

Book Value per Share CPI Adj_Book
201606 264.087 241.018 361.819
201609 232.541 241.428 318.058
201612 289.296 241.432 395.678
201703 363.318 243.801 492.091
201706 136.339 244.955 183.793
201709 65.541 246.819 87.686
201712 25.847 246.524 34.621
201803 119.749 249.554 158.453
201806 262.646 251.989 344.178
201809 276.478 252.439 361.658
201812 297.106 251.233 390.507
201903 383.684 254.202 498.412
201906 281.814 256.143 363.307
201909 312.222 256.759 401.543
201912 361.726 256.974 464.820
202003 491.552 258.115 628.855
202006 360.736 257.797 462.068
202009 340.259 260.280 431.681
202012 431.349 260.474 546.838
202103 659.708 264.877 822.435
202106 372.571 271.696 452.814
202109 408.655 274.310 491.937
202112 466.180 278.802 552.143
202203 752.516 287.504 864.303
202206 458.335 296.311 510.775
202209 689.282 296.808 766.859
202212 1,179.597 296.797 1,312.406
202303 1,706.485 301.836 1,866.920
202306 1,994.261 305.109 2,158.346
202309 2,280.861 307.789 2,447.033
202312 2,458.350 306.746 2,646.421
202403 2,744.217 312.332 2,901.323
202406 2,734.677 314.175 2,874.277
202409 2,367.124 315.301 2,479.076
202412 2,100.537 315.605 2,197.762
202503 2,363.140 319.799 2,440.094
202506 1,460.402 322.561 1,495.047
202509 1,249.479 324.800 1,270.302
202512 999.606 324.054 1,018.605
202603 1,330.609 330.213 1,330.609

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 25.50 mean?
Unilever Pakistan Foods (KAR:UPFL) has a Cyclically Adjusted PB Ratio of 25.50 as of Aug. 05, 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 Unilever Pakistan Foods and its competitors. This is 40% below median its historical median of 42.61. Over the past decade, Unilever Pakistan Foods' Cyclically Adjusted PB Ratio has ranged from 22.93 to 87.45. According to the industry distribution chart, Unilever Pakistan Foods ranks #1403 out of 1421 companies in the Consumer Packaged Goods industry, placing it in the top 98.7%.
Is Unilever Pakistan Foods' Cyclically Adjusted PB Ratio too high?
Unilever Pakistan Foods' current Cyclically Adjusted PB Ratio of 25.50 is 40% below median its 10-year median of 42.61. Over the past 10 years, this metric has ranged from a low of 22.93 to a high of 87.45. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Unilever Pakistan Foods' value of 25.50 is 1940% above this industry median. Based on the distribution chart, Unilever Pakistan Foods ranks #1403 out of 1421 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Unilever Pakistan Foods has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Pakistan Foods' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Unilever Pakistan Foods ranks #1403 out of 1421 companies for Cyclically Adjusted PB Ratio. This places Unilever Pakistan Foods in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Unilever Pakistan Foods' value of 25.50 is 1940% above this benchmark. Historically, Unilever Pakistan Foods' own Cyclically Adjusted PB Ratio has ranged from 22.93 to 87.45 over the past decade. While the company's 10-year median is 42.61 vs. the industry median of 1.25, Unilever Pakistan Foods 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 1.25, based on 1,421 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. Unilever Pakistan Foods's current Cyclically Adjusted PB Ratio of 25.50 is 1940% 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 Unilever Pakistan Foods and its competitors. For the Consumer Packaged Goods 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. Unilever Pakistan Foods's current Cyclically Adjusted PB Ratio is 25.50, which is 40% below median its own 10-year median of 42.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Pakistan Foods stock overvalued right now?
Based on GuruFocus' analysis, Unilever Pakistan Foods (KAR:UPFL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨29,383.43, compared to a current price of ₨25,386.00 — trading 13.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 25.50, which is 40% below median its 10-year median of 42.61 and 1940% above the Consumer Packaged Goods industry median of 1.25. Unilever Pakistan Foods' overall GF Score™ is 94/100 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 Unilever Pakistan Foods (KAR:UPFL), the current Cyclically Adjusted PB Ratio is 25.50 as of Aug. 05, 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 Unilever Pakistan Foods (KAR:UPFL) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Pakistan Foods stock appears to be undervalued. The current stock price of ₨25,386.00 is trading 13.6% below its estimated GF Value™ of ₨29,383.43. GuruFocus considers Unilever Pakistan Foods to be Modestly Undervalued.

Key valuation signals for KAR:UPFL:

  • Cyclically Adjusted PB Ratio: 25.50 (40% below median its 10-year median of 42.61)
  • GF Value™: ₨29,383.43 vs. price of ₨25,386.00 (13.6% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 1940% above the Consumer Packaged Goods median (#1403 of 1421)

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


Unilever Pakistan Foods Business Description

Address Fatima Jinnah Road, Avari Plaza, Karachi, SD, PAK, 75530
Unilever Pakistan Foods Ltd is a Pakistan-based company engaged in the manufacturing and selling of consumer and commercial food products. It sells the products under the brand names of Rafhan, Knorr, Hellmanns, Energile, Glaxose-D, and Food Solutions. It also includes brands such as Comfort, Dove, Lifebuoy, Pepsodent, Lux, Domex, Ponds, and other brands.
94GF Score

Get the complete analysis for KAR:UPFL

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

₨25,386.00
Price
₨29,383.43
GF Value