Al-Ghazi Tractors (KAR:AGTL) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:AGTL Al-Ghazi Tractors Ltd KAR:AGTL
58 GF Score
Price ₨343.89
GF Value ₨530.44
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Al-Ghazi Tractors Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Al-Ghazi Tractors  (KAR:AGTL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Al-Ghazi Tractors Cyclically Adjusted PS Ratio Related Terms


Al-Ghazi Tractors Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Al-Ghazi Tractors's Cyclically Adjusted PS 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.

Al-Ghazi Tractors Cyclically Adjusted PS Ratio Chart

Al-Ghazi Tractors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.05 1.04 1.40 0.95

Al-Ghazi Tractors Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 1.03 0.94 0.94 0.70 0.91

KAR:AGTL vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Al-Ghazi Tractors's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Al-Ghazi Tractors Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Al-Ghazi Tractors's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Al-Ghazi Tractors's Cyclically Adjusted PS Ratio falls into.


KAR:AGTL
58GF Score
Al-Ghazi Tractors Ltd KAR:AGTL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Ghazi Tractors Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Al-Ghazi Tractors's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Al-Ghazi Tractors's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=119.252/333.9520*333.9520
=119.252

Current CPI (Jun. 2026) = 333.9520.

Al-Ghazi Tractors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 31.443 241.428 43.493
201612 67.693 241.432 93.634
201703 85.640 243.801 117.307
201706 78.562 244.955 107.105
201709 76.015 246.819 102.850
201712 85.355 246.524 115.626
201803 120.038 249.554 160.634
201806 97.579 251.989 129.318
201809 50.154 252.439 66.349
201812 66.445 251.233 88.322
201903 83.382 254.202 109.541
201906 64.488 256.143 84.078
201909 68.499 256.759 89.093
201912 25.028 256.974 32.525
202003 46.271 258.115 59.866
202006 52.211 257.797 67.634
202009 59.943 260.280 76.910
202012 47.480 260.474 60.874
202103 87.007 264.877 109.697
202106 79.560 271.696 97.790
202109 96.021 274.310 116.898
202112 92.440 278.802 110.726
202203 149.283 287.504 173.401
202206 194.023 296.311 218.670
202209 111.866 296.808 125.865
202212 31.366 296.797 35.293
202303 72.002 301.836 79.663
202306 182.489 305.109 199.740
202309 196.308 307.789 212.995
202312 145.147 306.746 158.020
202403 163.837 312.332 175.178
202406 138.772 314.175 147.508
202409 108.602 315.301 115.026
202412 185.267 315.605 196.037
202503 62.728 319.799 65.504
202506 70.573 322.561 73.065
202509 35.092 324.800 36.081
202512 183.049 324.054 188.640
202603 121.243 330.213 122.616
202606 119.252 333.952 119.252

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is Al-Ghazi Tractors (KAR:AGTL) Overvalued in 2026?

Based on GuruFocus' analysis, Al-Ghazi Tractors stock appears to be undervalued. The current stock price of ₨343.89 is trading 35.2% below its estimated GF Value™ of ₨530.44. GuruFocus considers Al-Ghazi Tractors to be Significantly Undervalued.

Key valuation signals for KAR:AGTL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₨530.44 vs. price of ₨343.89 (35.2% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


Al-Ghazi Tractors Business Description

Address 16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, SD, PAK
Al-Ghazi Tractors Ltd is principally engaged in the manufacture and sale of agricultural tractors, generators, implements and spare parts in Pakistan. It offers a wide range of New Holland (Fiat) tractors, catering to small, medium, and large-scale agricultural operations. The portfolio includes: Compact and utility tractors for small farmers and horticulture applications, and Medium- and high-horsepower tractors for larger farms and commercial agricultural operations. The company has a single reportable segment.
58GF Score

Get the complete analysis for KAR:AGTL

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

₨343.89
Price
₨530.44
GF Value