BankIslami Pakistan (KAR:BIPL) Cyclically Adjusted Revenue per Share: ₨23.42 (As of Mar. 2026)

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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.
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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:BIPL BankIslami Pakistan Ltd KAR:BIPL
64 GF Score
Price ₨27.14
GF Value ₨24.74
Valuation Fairly Valued
! 5 Warning Signs
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What is BankIslami Pakistan Cyclically Adjusted Revenue per Share?

BankIslami Pakistan KAR:BIPL +0.93% 64 Cyclically Adjusted Revenue per Share is ₨23.42 as of Mar. 2026. GuruFocus rates KAR:BIPL with a GF Score™ of 64/100 and a GF Value™ of ₨24.74 (Fairly Valued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

BankIslami Pakistan's adjusted revenue per share for the three months ended in Mar. 2026 was ₨8.635. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₨23.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BankIslami Pakistan's average Cyclically Adjusted Revenue Growth Rate was 19.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 25.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of BankIslami Pakistan was 25.70% per year. The lowest was 25.70% per year. And the median was 25.70% per year.

As of today (2026-07-22), BankIslami Pakistan's current stock price is ₨27.14. BankIslami Pakistan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨23.42. BankIslami Pakistan's Cyclically Adjusted PS Ratio of today is 1.16.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BankIslami Pakistan was 1.95. The lowest was 0.82. And the median was 1.30.


BankIslami Pakistan  (KAR:BIPL) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

BankIslami Pakistan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=27.14/23.42
=1.16

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of BankIslami Pakistan was 1.95. The lowest was 0.82. And the median was 1.30.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


BankIslami Pakistan Cyclically Adjusted Revenue per Share Related Terms


BankIslami Pakistan Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for BankIslami Pakistan's Cyclically Adjusted Revenue per Share 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.

BankIslami Pakistan Cyclically Adjusted Revenue per Share Chart

BankIslami Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 11.22 14.52 18.59 22.27

BankIslami Pakistan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 19.68 20.59 21.45 22.27 23.42

KAR:BIPL vs PNC, USB: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, BankIslami Pakistan'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.


BankIslami Pakistan Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, BankIslami Pakistan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:BIPL
64GF Score
BankIslami Pakistan Ltd KAR:BIPL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BankIslami Pakistan Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, BankIslami Pakistan'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)
=8.635/330.2130*330.2130
=8.635

Current CPI (Mar. 2026) = 330.2130.

BankIslami Pakistan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.158 241.018 5.697
201609 1.398 241.428 1.912
201612 1.021 241.432 1.396
201703 1.408 243.801 1.907
201706 1.300 244.955 1.752
201709 1.469 246.819 1.965
201712 1.366 246.524 1.830
201803 1.625 249.554 2.150
201806 1.628 251.989 2.133
201809 1.809 252.439 2.366
201812 2.013 251.233 2.646
201903 2.425 254.202 3.150
201906 2.851 256.143 3.675
201909 2.796 256.759 3.596
201912 3.834 256.974 4.927
202003 3.418 258.115 4.373
202006 3.487 257.797 4.467
202009 3.221 260.280 4.086
202012 3.603 260.474 4.568
202103 2.554 264.877 3.184
202106 2.822 271.696 3.430
202109 3.086 274.310 3.715
202112 3.086 278.802 3.655
202203 3.511 287.504 4.033
202206 5.061 296.311 5.640
202209 6.185 296.808 6.881
202212 6.441 296.797 7.166
202303 6.794 301.836 7.433
202306 9.565 305.109 10.352
202309 11.011 307.789 11.813
202312 9.667 306.746 10.407
202403 10.266 312.332 10.854
202406 11.673 314.175 12.269
202409 11.520 315.301 12.065
202412 12.313 315.605 12.883
202503 10.946 319.799 11.302
202506 9.966 322.561 10.202
202509 9.171 324.800 9.324
202512 10.149 324.054 10.342
202603 8.635 330.213 8.635

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

What does a Cyclically Adjusted Revenue per Share of ₨23.42 mean?
BankIslami Pakistan (KAR:BIPL) has a Cyclically Adjusted Revenue per Share of ₨23.42 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on BankIslami Pakistan and its competitors.
Is BankIslami Pakistan's Cyclically Adjusted Revenue per Share too high?
BankIslami Pakistan's current Cyclically Adjusted Revenue per Share is ₨23.42. Overall, BankIslami Pakistan has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BankIslami Pakistan's Cyclically Adjusted Revenue per Share compare to PNC and USB?
BankIslami Pakistan's Cyclically Adjusted Revenue per Share of ₨23.42 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on BankIslami Pakistan and its competitors. BankIslami Pakistan's current Cyclically Adjusted Revenue per Share is ₨23.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BankIslami Pakistan stock overvalued right now?
Based on GuruFocus' analysis, BankIslami Pakistan (KAR:BIPL) is currently considered Fairly Valued. The stock's GF Value™ is ₨24.74, compared to a current price of ₨27.14 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₨23.42. BankIslami Pakistan's overall GF Score™ is 64/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For BankIslami Pakistan (KAR:BIPL), the current Cyclically Adjusted Revenue per Share is ₨23.42 as of Mar. 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 BankIslami Pakistan (KAR:BIPL) Overvalued in 2026?

Based on GuruFocus' analysis, BankIslami Pakistan stock appears to be overvalued. The current stock price of ₨27.14 is trading 9.7% above its estimated GF Value™ of ₨24.74. GuruFocus considers BankIslami Pakistan to be Fairly Valued.

Key valuation signals for KAR:BIPL:

  • Cyclically Adjusted Revenue per Share: ₨23.42
  • GF Value™: ₨24.74 vs. price of ₨27.14 (9.7% above fair value)
  • GF Score™: 64/100 with 5 warning signs

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


BankIslami Pakistan Business Description

Address Marine Drive, Block-4, 11th Floor, Executive Tower, Dolmen City, Karachi, SD, PAK
BankIslami Pakistan Ltd provides various banking products and services in Pakistan. The Bank's segments include Trading and Sales including equity, foreign exchanges, commodities, money market placements, and Shariah-compliant debt investments; Retail Banking includes retail Islamic financing and related assets, deposits, and banking services offered to the Bank's retail customers; and Commercial Banking includes investment banking business, trade business and Islamic financing and related assets relating to the Bank's corporate, SME and agriculture customers; and Support Centre segment includes the assets and liabilities relating to support functions at Head Office and their related income and expenses. The Majority of revenue derives from the Retail Banking segment. Operates in Pakistan.
64GF Score

Get the complete analysis for KAR:BIPL

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

₨27.14
Price
₨24.74
GF Value