Ghandhara Industries (KAR:GHNI) Cyclically Adjusted PS Ratio: 2.14 (As of Sep. 11, 2026) — 138% Above Median

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KAR:GHNI Ghandhara Industries Ltd KAR:GHNI
79 GF Score
Price ₨1,172.75
GF Value ₨1,353.75
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ghandhara Industries Cyclically Adjusted PS Ratio?

Ghandhara Industries KAR:GHNI -3.84% 79 Cyclically Adjusted PS Ratio is 2.14 as of Sep. 11, 2026, which is 138% above its 10-year median of 0.90. GuruFocus rates KAR:GHNI with a GF Score™ of 79/100 and a GF Value™ of ₨1,353.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,035 Vehicles & Parts companies, Ghandhara Industries ranks worse than 80.29% on this metric.

As of today (2026-09-11), Ghandhara Industries's current share price is ₨1172.75. Ghandhara Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨548.43. Ghandhara Industries's Cyclically Adjusted PS Ratio for today is 2.14.

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

KAR:GHNI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.9   Max: 2.38
Current: 2.36

During the past years, Ghandhara Industries's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 0.22. And the median was 0.90.

KAR:GHNI's Cyclically Adjusted PS Ratio is ranked worse than
80.29% of 1035 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs KAR:GHNI: 2.36

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ghandhara Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨442.111. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₨548.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ghandhara Industries  (KAR:GHNI) 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.


Ghandhara Industries Cyclically Adjusted PS Ratio Related Terms


Ghandhara Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ghandhara Industries'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.

Ghandhara Industries Cyclically Adjusted PS Ratio Chart

Ghandhara Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.51 0.25 0.76 1.45

Ghandhara Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.86 1.45 1.74 1.58 1.12

KAR:GHNI vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Ghandhara Industries'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.


Ghandhara Industries Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghandhara Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ghandhara Industries's Cyclically Adjusted PS Ratio falls into.


KAR:GHNI
79GF Score
Ghandhara Industries Ltd KAR:GHNI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghandhara Industries 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.

Ghandhara Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1172.75/548.43
=2.14

* 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.

Ghandhara Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ghandhara Industries's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=442.111/330.2130*330.2130
=442.111

Current CPI (Mar. 2026) = 330.2130.

Ghandhara Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 54.475 241.018 74.635
201609 34.958 241.428 47.814
201612 49.559 241.432 67.783
201703 61.820 243.801 83.731
201706 105.763 244.955 142.574
201709 93.905 246.819 125.633
201712 84.779 246.524 113.559
201803 92.724 249.554 122.694
201806 122.169 251.989 160.093
201809 102.912 252.439 134.618
201812 74.568 251.233 98.010
201903 75.759 254.202 98.412
201906 74.252 256.143 95.724
201909 70.585 256.759 90.778
201912 66.992 256.974 86.085
202003 92.553 258.115 118.405
202006 46.039 257.797 58.972
202009 56.341 260.280 71.479
202012 71.445 260.474 90.574
202103 121.055 264.877 150.915
202106 103.123 271.696 125.333
202109 143.965 274.310 173.304
202112 127.922 278.802 151.511
202203 144.825 287.504 166.339
202206 152.760 296.311 170.238
202209 98.111 296.808 109.153
202212 88.284 296.797 98.224
202303 112.595 301.836 123.181
202306 42.074 305.109 45.536
202309 59.303 307.789 63.624
202312 58.409 306.746 62.877
202403 112.660 312.332 119.110
202406 113.892 314.175 119.706
202409 142.076 315.301 148.795
202412 129.573 315.605 135.570
202503 241.933 319.799 249.811
202506 365.563 322.561 374.235
202509 279.830 324.800 284.494
202512 283.280 324.054 288.664
202603 442.111 330.213 442.111

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.

What does a Cyclically Adjusted PS Ratio of 2.14 mean?
Ghandhara Industries (KAR:GHNI) has a Cyclically Adjusted PS Ratio of 2.14 as of Sep. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ghandhara Industries and its competitors. This is 138% above median its historical median of 0.90. Over the past decade, Ghandhara Industries' Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.38. According to the industry distribution chart, Ghandhara Industries ranks #831 out of 1035 companies in the Vehicles & Parts industry, placing it in the top 80.3%.
Is Ghandhara Industries' Cyclically Adjusted PS Ratio too high?
Ghandhara Industries' current Cyclically Adjusted PS Ratio of 2.14 is 138% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.38. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Ghandhara Industries' value of 2.14 is 197.2% above this industry median. Based on the distribution chart, Ghandhara Industries ranks #831 out of 1035 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Ghandhara Industries has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ghandhara Industries' Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Ghandhara Industries ranks #831 out of 1035 companies for Cyclically Adjusted PS Ratio. This places Ghandhara Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Ghandhara Industries' value of 2.14 is 197.2% above this benchmark. Historically, Ghandhara Industries' own Cyclically Adjusted PS Ratio has ranged from 0.22 to 2.38 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.72, Ghandhara Industries 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 PS Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghandhara Industries's current Cyclically Adjusted PS Ratio of 2.14 is 197.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ghandhara Industries and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghandhara Industries's current Cyclically Adjusted PS Ratio is 2.14, which is 138% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghandhara Industries stock overvalued right now?
Based on GuruFocus' analysis, Ghandhara Industries (KAR:GHNI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨1,353.75, compared to a current price of ₨1,172.75 — trading 13.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.14, which is 138% above median its 10-year median of 0.90 and 197.2% above the Vehicles & Parts industry median of 0.72. Ghandhara Industries' overall GF Score™ is 79/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ghandhara Industries (KAR:GHNI), the current Cyclically Adjusted PS Ratio is 2.14 as of Sep. 11, 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 Ghandhara Industries (KAR:GHNI) Overvalued in 2026?

Based on GuruFocus' analysis, Ghandhara Industries stock appears to be undervalued. The current stock price of ₨1,172.75 is trading 13.4% below its estimated GF Value™ of ₨1,353.75. GuruFocus considers Ghandhara Industries to be Modestly Undervalued.

Key valuation signals for KAR:GHNI:

  • Cyclically Adjusted PS Ratio: 2.14 (138% above median its 10-year median of 0.90)
  • GF Value™: ₨1,353.75 vs. price of ₨1,172.75 (13.4% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 197.2% above the Vehicles & Parts median (#831 of 1035)

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


Ghandhara Industries Business Description

Address F-3, Hub Chowki Road, S.I.T.E, P.O. Box No. 2706, Karachi, SD, PAK, 75730
Ghandhara Industries Ltd is a Pakistan based company. It is engaged in the manufacturing, assembly and marketing of Isuzu DMAX Pickups, ISUZU Trucks, Bus Chassis and fabrication of Bus and Load bodies. Its products include Rigid Truck & Prime Mover, Hi- spark single cab, Microbus, Pickup, cross crew cab, lander single cab, Light Commercial Vehicles and others.
79GF Score

Get the complete analysis for KAR:GHNI

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

₨1,172.75
Price
₨1,353.75
GF Value