Pakistan Telecommunication Co (KAR:PTC) Cyclically Adjusted PS Ratio: 1.89 (As of Jul. 18, 2026) — 397% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:PTC Pakistan Telecommunication Co Ltd KAR:PTC
50 GF Score
Price ₨70.77
GF Value ₨26.00
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Pakistan Telecommunication Co Cyclically Adjusted PS Ratio?

Pakistan Telecommunication Co KAR:PTC -0.49% 50 Cyclically Adjusted PS Ratio is 1.89 as of Jul. 18, 2026, which is 397% above its 10-year median of 0.38. GuruFocus rates KAR:PTC with a GF Score™ of 50/100 and a GF Value™ of ₨26.00 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 301 Telecommunication Services companies, Pakistan Telecommunication Co ranks worse than 65.78% on this metric.

As of today (2026-07-18), Pakistan Telecommunication Co's current share price is ₨70.77. Pakistan Telecommunication Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨37.43. Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio for today is 1.89.

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

KAR:PTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.38   Max: 1.98
Current: 1.9

During the past years, Pakistan Telecommunication Co's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.18. And the median was 0.38.

KAR:PTC's Cyclically Adjusted PS Ratio is ranked worse than
65.78% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.17 vs KAR:PTC: 1.90

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.

Pakistan Telecommunication Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨19.148. 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 ₨37.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pakistan Telecommunication Co  (KAR:PTC) 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.


Pakistan Telecommunication Co Cyclically Adjusted PS Ratio Related Terms


Pakistan Telecommunication Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pakistan Telecommunication Co'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.

Pakistan Telecommunication Co Cyclically Adjusted PS Ratio Chart

Pakistan Telecommunication Co 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 0.31 0.21 0.39 0.83 1.67

Pakistan Telecommunication Co 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 0.69 0.74 0.81 1.67 1.28

KAR:PTC vs TMUS, VZ, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Pakistan Telecommunication Co'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.


Pakistan Telecommunication Co Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio falls into.


KAR:PTC
50GF Score
Pakistan Telecommunication Co Ltd KAR:PTC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pakistan Telecommunication Co 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.

Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.77/37.43
=1.89

* 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.

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

For example, Pakistan Telecommunication Co'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)
=19.148/330.2130*330.2130
=19.148

Current CPI (Mar. 2026) = 330.2130.

Pakistan Telecommunication Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.812 241.018 7.963
201609 5.848 241.428 7.999
201612 5.572 241.432 7.621
201703 5.667 243.801 7.676
201706 5.820 244.955 7.846
201709 5.760 246.819 7.706
201712 5.713 246.524 7.652
201803 5.940 249.554 7.860
201806 6.038 251.989 7.912
201809 6.409 252.439 8.384
201812 6.489 251.233 8.529
201903 6.575 254.202 8.541
201906 6.426 256.143 8.284
201909 6.208 256.759 7.984
201912 6.191 256.974 7.955
202003 6.240 258.115 7.983
202006 6.088 257.797 7.798
202009 6.420 260.280 8.145
202012 6.622 260.474 8.395
202103 6.659 264.877 8.302
202106 6.644 271.696 8.075
202109 6.769 274.310 8.148
202112 6.913 278.802 8.188
202203 6.873 287.504 7.894
202206 7.190 296.311 8.013
202209 7.611 296.808 8.468
202212 7.937 296.797 8.831
202303 8.468 301.836 9.264
202306 9.027 305.109 9.770
202309 9.811 307.789 10.526
202312 9.712 306.746 10.455
202403 9.942 312.332 10.511
202406 11.281 314.175 11.857
202409 11.150 315.301 11.677
202412 11.878 315.605 12.428
202503 12.167 319.799 12.563
202506 12.269 322.561 12.560
202509 12.468 324.800 12.676
202512 12.456 324.054 12.693
202603 19.148 330.213 19.148

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 1.89 mean?
Pakistan Telecommunication Co (KAR:PTC) has a Cyclically Adjusted PS Ratio of 1.89 as of Jul. 18, 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 Pakistan Telecommunication Co and its competitors. This is 397% above median its historical median of 0.38. Over the past decade, Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio has ranged from 0.18 to 1.98. According to the industry distribution chart, Pakistan Telecommunication Co ranks #198 out of 301 companies in the Telecommunication Services industry, placing it in the top 65.8%.
Is Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio too high?
Pakistan Telecommunication Co's current Cyclically Adjusted PS Ratio of 1.89 is 397% above median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.98. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.17. Pakistan Telecommunication Co's value of 1.89 is 61.5% above this industry median. Based on the distribution chart, Pakistan Telecommunication Co ranks #198 out of 301 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Pakistan Telecommunication Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Telecommunication Co's Cyclically Adjusted PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Pakistan Telecommunication Co ranks #198 out of 301 companies for Cyclically Adjusted PS Ratio. This places Pakistan Telecommunication Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.17. Pakistan Telecommunication Co's value of 1.89 is 61.5% above this benchmark. Historically, Pakistan Telecommunication Co's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 1.98 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.17, Pakistan Telecommunication Co 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.17, based on 301 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. Pakistan Telecommunication Co's current Cyclically Adjusted PS Ratio of 1.89 is 61.5% 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 Pakistan Telecommunication Co and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Telecommunication Co's current Cyclically Adjusted PS Ratio is 1.89, which is 397% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Telecommunication Co stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Telecommunication Co (KAR:PTC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨26.00, compared to a current price of ₨70.77 — trading 172.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.89, which is 397% above median its 10-year median of 0.38 and 61.5% above the Telecommunication Services industry median of 1.17. Pakistan Telecommunication Co's overall GF Score™ is 50/100 with 10 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 Pakistan Telecommunication Co (KAR:PTC), the current Cyclically Adjusted PS Ratio is 1.89 as of Jul. 18, 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 Pakistan Telecommunication Co (KAR:PTC) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Telecommunication Co stock appears to be overvalued. The current stock price of ₨70.77 is trading 172.2% above its estimated GF Value™ of ₨26.00. GuruFocus considers Pakistan Telecommunication Co to be Significantly Overvalued.

Key valuation signals for KAR:PTC:

  • Cyclically Adjusted PS Ratio: 1.89 (397% above median its 10-year median of 0.38)
  • GF Value™: ₨26.00 vs. price of ₨70.77 (172.2% above fair value)
  • GF Score™: 50/100 with 10 warning signs
  • Industry Position: 61.5% above the Telecommunication Services median (#198 of 301)

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


Pakistan Telecommunication Co Business Description

Address Ufone Tower, Plot No 55-C, Jinnah Avenue, Blue Area, Islamabad, PAK
Pakistan Telecommunication Co Ltd is a telecom company. It is mainly engaged in providing telecommunication services such as Data, Voice, IPTV, Connectivity services, Interconnect, Information and communication technology (ICT), digital solutions and equipment sales, messaging services, sales of mobile devices etc. The company operates in three operating segments i.e. fixed-line communications (Wireline) which generates key revenue, wireless communications (Wireless), and banking.
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Get the complete analysis for KAR:PTC

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

₨70.77
Price
₨26.00
GF Value