Lucky Cement (KAR:LUCK) Cyclically Adjusted PS Ratio: 2.34 (As of Jul. 30, 2026) — 65% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:LUCK Lucky Cement Ltd KAR:LUCK
91 GF Score
Price ₨445.76
GF Value ₨271.54
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lucky Cement Cyclically Adjusted PS Ratio?

Lucky Cement KAR:LUCK -2.04% 91 Cyclically Adjusted PS Ratio is 2.34 as of Jul. 30, 2026, which is 65% above its 10-year median of 1.42. GuruFocus rates KAR:LUCK with a GF Score™ of 91/100 and a GF Value™ of ₨271.54 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 323 Building Materials companies, Lucky Cement ranks worse than 75.85% on this metric.

As of today (2026-07-30), Lucky Cement's current share price is ₨445.76. Lucky Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨190.29. Lucky Cement's Cyclically Adjusted PS Ratio for today is 2.34.

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

KAR:LUCK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.42   Max: 2.95
Current: 2.28

During the past years, Lucky Cement's highest Cyclically Adjusted PS Ratio was 2.95. The lowest was 0.75. And the median was 1.42.

KAR:LUCK's Cyclically Adjusted PS Ratio is ranked worse than
75.85% of 323 companies
in the Building Materials industry
Industry Median: 1 vs KAR:LUCK: 2.28

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.

Lucky Cement's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨88.901. 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 ₨190.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lucky Cement  (KAR:LUCK) 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.


Lucky Cement Cyclically Adjusted PS Ratio Related Terms


Lucky Cement Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lucky Cement'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.

Lucky Cement Cyclically Adjusted PS Ratio Chart

Lucky Cement 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 2.48 1.03 0.93 1.32 2.15

Lucky Cement 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 1.90 2.15 2.74 2.64 1.88

KAR:LUCK vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Lucky Cement'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.


Lucky Cement Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lucky Cement's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:LUCK
91GF Score
Lucky Cement Ltd KAR:LUCK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lucky Cement 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.

Lucky Cement's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=445.76/190.29
=2.34

* 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.

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

For example, Lucky Cement'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)
=88.901/330.2130*330.2130
=88.901

Current CPI (Mar. 2026) = 330.2130.

Lucky Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.206 241.018 18.093
201609 12.255 241.428 16.762
201612 14.376 241.432 19.662
201703 13.980 243.801 18.935
201706 13.433 244.955 18.108
201709 13.971 246.819 18.691
201712 14.953 246.524 20.029
201803 15.823 249.554 20.937
201806 15.580 251.989 20.416
201809 15.365 252.439 20.099
201812 17.856 251.233 23.469
201903 17.524 254.202 22.764
201906 16.239 256.143 20.935
201909 16.793 256.759 21.597
201912 20.759 256.974 26.675
202003 20.842 258.115 26.664
202006 18.276 257.797 23.410
202009 27.901 260.280 35.398
202012 31.353 260.474 39.747
202103 37.717 264.877 47.020
202106 31.531 271.696 38.322
202109 34.011 274.310 40.942
202112 42.303 278.802 50.104
202203 57.640 287.504 66.202
202206 68.039 296.311 75.824
202209 56.049 296.808 62.357
202212 58.996 296.797 65.638
202303 63.496 301.836 69.466
202306 64.551 305.109 69.862
202309 67.949 307.789 72.899
202312 69.039 306.746 74.321
202403 68.116 312.332 72.016
202406 76.631 314.175 80.543
202409 76.195 315.301 79.799
202412 77.011 315.605 80.576
202503 73.949 319.799 76.357
202506 85.665 322.561 87.697
202509 84.365 324.800 85.771
202512 84.294 324.054 85.896
202603 88.901 330.213 88.901

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 2.34 mean?
Lucky Cement (KAR:LUCK) has a Cyclically Adjusted PS Ratio of 2.34 as of Jul. 30, 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 Lucky Cement and its competitors. This is 65% above median its historical median of 1.42. Over the past decade, Lucky Cement's Cyclically Adjusted PS Ratio has ranged from 0.75 to 2.95. According to the industry distribution chart, Lucky Cement ranks #245 out of 323 companies in the Building Materials industry, placing it in the top 75.9%.
Is Lucky Cement's Cyclically Adjusted PS Ratio too high?
Lucky Cement's current Cyclically Adjusted PS Ratio of 2.34 is 65% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.95. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Lucky Cement's value of 2.34 is 134% above this industry median. Based on the distribution chart, Lucky Cement ranks #245 out of 323 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Lucky Cement has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lucky Cement's Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Lucky Cement ranks #245 out of 323 companies for Cyclically Adjusted PS Ratio. This places Lucky Cement in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Lucky Cement's value of 2.34 is 134% above this benchmark. Historically, Lucky Cement's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 2.95 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.00, Lucky Cement 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 323 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. Lucky Cement's current Cyclically Adjusted PS Ratio of 2.34 is 134% 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 Lucky Cement and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lucky Cement's current Cyclically Adjusted PS Ratio is 2.34, which is 65% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucky Cement stock overvalued right now?
Based on GuruFocus' analysis, Lucky Cement (KAR:LUCK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨271.54, compared to a current price of ₨445.76 — trading 64.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.34, which is 65% above median its 10-year median of 1.42 and 134% above the Building Materials industry median of 1.00. Lucky Cement's overall GF Score™ is 91/100 with 1 warning sign 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 Lucky Cement (KAR:LUCK), the current Cyclically Adjusted PS Ratio is 2.34 as of Jul. 30, 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 Lucky Cement (KAR:LUCK) Overvalued in 2026?

Based on GuruFocus' analysis, Lucky Cement stock appears to be overvalued. The current stock price of ₨445.76 is trading 64.2% above its estimated GF Value™ of ₨271.54. GuruFocus considers Lucky Cement to be Significantly Overvalued.

Key valuation signals for KAR:LUCK:

  • Cyclically Adjusted PS Ratio: 2.34 (65% above median its 10-year median of 1.42)
  • GF Value™: ₨271.54 vs. price of ₨445.76 (64.2% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 134% above the Building Materials median (#245 of 323)

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


Lucky Cement Business Description

Address A. Aziz Hashim Tabba Street, 6-A Muhammad Ali Housing Society, Karachi, SD, PAK, 75350
Lucky Cement Ltd manufactures Ordinary Portland Cement and Sulphate Resistant Cement. Its segments include cement, polyester, soda ash, pharma, life science and chemicals, automobile and mobile phone assembly, power generation, and others. The reportable Units are Soda Ash, Pharma, Life Sciences, and Chemicals. The company produces various cement variants tailored to climatic conditions, with brands for the Northern region including Lucky Cement, Lucky Supreme SRC, and Block Cement, as well as brands for the Southern region including Lucky Gold, Lucky Star, and Raj Cement.
91GF Score

Get the complete analysis for KAR:LUCK

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

₨445.76
Price
₨271.54
GF Value