Pioneer Cement (KAR:PIOC) Cyclically Adjusted PS Ratio: 2.07 (As of Sep. 16, 2026) — Near Median

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KAR:PIOC Pioneer Cement Ltd KAR:PIOC
84 GF Score
Price ₨242.86
GF Value ₨238.18
Valuation Fairly Valued
! 2 Warning Signs
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What is Pioneer Cement Cyclically Adjusted PS Ratio?

Pioneer Cement KAR:PIOC +0.93% 84 Cyclically Adjusted PS Ratio is 2.07 as of Sep. 16, 2026, which is 4% above its 10-year median of 1.99. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨238.18 (Fairly Valued). The stock has 2 warning signs investors should review. Among 323 Building Materials companies, Pioneer Cement ranks worse than 73.99% on this metric.

As of today (2026-09-16), Pioneer Cement's current share price is ₨242.86. Pioneer Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₨117.45. Pioneer Cement's Cyclically Adjusted PS Ratio for today is 2.07.

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

KAR:PIOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.99   Max: 3.91
Current: 2.11

During the past years, Pioneer Cement's highest Cyclically Adjusted PS Ratio was 3.91. The lowest was 0.63. And the median was 1.99.

KAR:PIOC's Cyclically Adjusted PS Ratio is ranked worse than
73.99% of 323 companies
in the Building Materials industry
Industry Median: 1 vs KAR:PIOC: 2.11

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.

Pioneer Cement's adjusted revenue per share data for the three months ended in Jun. 2026 was ₨43.402. 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 ₨117.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pioneer Cement  (KAR:PIOC) 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.


Pioneer Cement Cyclically Adjusted PS Ratio Related Terms


Pioneer Cement Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pioneer 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.

Pioneer Cement Cyclically Adjusted PS Ratio Chart

Pioneer Cement Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.15 1.91 2.27 2.46

Pioneer Cement 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 2.23 2.34 3.57 1.83 2.41

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

For the Building Materials subindustry, Pioneer 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.


Pioneer Cement Cyclically Adjusted PS Ratio vs Building Materials Industry

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

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


KAR:PIOC
84GF Score
Pioneer Cement Ltd KAR:PIOC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pioneer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=242.86/117.451
=2.07

* 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.

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

For example, Pioneer Cement'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)
=43.402/333.9520*333.9520
=43.402

Current CPI (Jun. 2026) = 333.9520.

Pioneer Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.024 241.428 15.249
201612 11.832 241.432 16.366
201703 12.754 243.801 17.470
201706 11.192 244.955 15.258
201709 10.659 246.819 14.422
201712 10.891 246.524 14.753
201803 11.488 249.554 15.373
201806 11.520 251.989 15.267
201809 9.824 252.439 12.996
201812 12.437 251.233 16.532
201903 10.706 254.202 14.065
201906 9.883 256.143 12.885
201909 8.237 256.759 10.713
201912 10.023 256.974 13.025
202003 8.035 258.115 10.396
202006 1.382 257.797 1.790
202009 17.576 260.280 22.551
202012 23.677 260.474 30.356
202103 27.605 264.877 34.804
202106 27.192 271.696 33.423
202109 27.284 274.310 33.216
202112 37.922 278.802 45.423
202203 34.021 287.504 39.517
202206 41.118 296.311 46.341
202209 36.635 296.808 41.220
202212 45.453 296.797 51.143
202303 40.281 301.836 44.567
202306 36.845 305.109 40.328
202309 38.355 307.789 41.615
202312 44.520 306.746 48.469
202403 37.641 312.332 40.247
202406 35.855 314.175 38.112
202409 34.738 315.301 36.793
202412 39.184 315.605 41.462
202503 34.778 319.799 36.317
202506 37.938 322.561 39.278
202509 37.053 324.800 38.097
202512 45.176 324.054 46.556
202603 44.208 330.213 44.709
202606 43.402 333.952 43.402

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 2.07 mean?
Pioneer Cement (KAR:PIOC) has a Cyclically Adjusted PS Ratio of 2.07 as of Sep. 16, 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 Pioneer Cement and its competitors. This is near median its historical median of 1.99. Over the past decade, Pioneer Cement's Cyclically Adjusted PS Ratio has ranged from 0.63 to 3.91. According to the industry distribution chart, Pioneer Cement ranks #239 out of 323 companies in the Building Materials industry, placing it in the top 74%.
Is Pioneer Cement's Cyclically Adjusted PS Ratio too high?
Pioneer Cement's current Cyclically Adjusted PS Ratio of 2.07 is near median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.91. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Pioneer Cement's value of 2.07 is 107% above this industry median. Based on the distribution chart, Pioneer Cement ranks #239 out of 323 companies in the Building Materials industry, which is below the industry midpoint. Overall, Pioneer Cement has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's Cyclically Adjusted PS Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Pioneer Cement ranks #239 out of 323 companies for Cyclically Adjusted PS Ratio. This places Pioneer Cement in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Pioneer Cement's value of 2.07 is 107% above this benchmark. Historically, Pioneer Cement's own Cyclically Adjusted PS Ratio has ranged from 0.63 to 3.91 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.00, Pioneer 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. Pioneer Cement's current Cyclically Adjusted PS Ratio of 2.07 is 107% 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 Pioneer 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. Pioneer Cement's current Cyclically Adjusted PS Ratio is 2.07, which is near median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Cement stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Cement (KAR:PIOC) is currently considered Fairly Valued. The stock's GF Value™ is ₨238.18, compared to a current price of ₨242.86 — trading 2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.07, which is near median its 10-year median of 1.99 and 107% above the Building Materials industry median of 1.00. Pioneer Cement's overall GF Score™ is 84/100 with 2 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 Pioneer Cement (KAR:PIOC), the current Cyclically Adjusted PS Ratio is 2.07 as of Sep. 16, 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 Pioneer Cement (KAR:PIOC) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Cement stock appears to be overvalued. The current stock price of ₨242.86 is trading 2% above its estimated GF Value™ of ₨238.18. GuruFocus considers Pioneer Cement to be Fairly Valued.

Key valuation signals for KAR:PIOC:

  • Cyclically Adjusted PS Ratio: 2.07 (near median its 10-year median of 1.99)
  • GF Value™: ₨238.18 vs. price of ₨242.86 (2% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 107% above the Building Materials median (#239 of 323)

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


Pioneer Cement Business Description

Address 64-B/I, Gulberg-III, Lahore, PB, PAK
Pioneer Cement Ltd is a cement producer. The company's production facility is situated at Chenki, District Khushab in Punjab Province. The product range consists of Ordinary Portland Cement and Sulphate Resistant Cement. Its Ordinary Portland Cement is used for all structural work including all kinds of concrete construction and Sulphate Resistant Cement is used where sulfate salts are present in the soil or in saline water. Geographically, the company operates within Pakistan and Afghanistan and generates a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:PIOC

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

₨242.86
Price
₨238.18
GF Value