FrieslandCampina Engro Pakistan (KAR:FCEPL) Cyclically Adjusted Revenue per Share: ₨96.61 (As of Mar. 2026)

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KAR:FCEPL FrieslandCampina Engro Pakistan Ltd KAR:FCEPL
75 GF Score
Price ₨100.04
GF Value ₨87.18
Valuation Modestly Overvalued
! 4 Warning Signs
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What is FrieslandCampina Engro Pakistan Cyclically Adjusted Revenue per Share?

FrieslandCampina Engro Pakistan KAR:FCEPL -4.28% 75 Cyclically Adjusted Revenue per Share is ₨96.61 as of Mar. 2026. GuruFocus rates KAR:FCEPL with a GF Score™ of 75/100 and a GF Value™ of ₨87.18 (Modestly Overvalued). The stock has 4 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.

FrieslandCampina Engro Pakistan's adjusted revenue per share for the three months ended in Mar. 2026 was ₨37.467. 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 ₨96.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, FrieslandCampina Engro Pakistan's average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.90% 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 FrieslandCampina Engro Pakistan was 11.90% per year. The lowest was 10.90% per year. And the median was 11.40% per year.

As of today (2026-07-15), FrieslandCampina Engro Pakistan's current stock price is ₨100.04. FrieslandCampina Engro Pakistan's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨96.61. FrieslandCampina Engro Pakistan's Cyclically Adjusted PS Ratio of today is 1.04.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of FrieslandCampina Engro Pakistan was 1.48. The lowest was 0.69. And the median was 0.95.


FrieslandCampina Engro Pakistan  (KAR:FCEPL) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=100.04/96.61
=1.04

* 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 FrieslandCampina Engro Pakistan was 1.48. The lowest was 0.69. And the median was 0.95.


Be Aware

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


FrieslandCampina Engro Pakistan Cyclically Adjusted Revenue per Share Related Terms


FrieslandCampina Engro Pakistan Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for FrieslandCampina Engro 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.

FrieslandCampina Engro Pakistan Cyclically Adjusted Revenue per Share Chart

FrieslandCampina Engro 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 61.46 68.36 77.28 86.11 93.22

FrieslandCampina Engro 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 88.44 90.49 92.52 93.22 96.61

KAR:FCEPL vs KHC, GIS: Cyclically Adjusted Revenue per Share Comparison

For the Packaged Foods subindustry, FrieslandCampina Engro 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.


FrieslandCampina Engro Pakistan Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, FrieslandCampina Engro Pakistan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


KAR:FCEPL
75GF Score
FrieslandCampina Engro Pakistan Ltd KAR:FCEPL
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FrieslandCampina Engro 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, FrieslandCampina Engro 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)
=37.467/330.2130*330.2130
=37.467

Current CPI (Mar. 2026) = 330.2130.

FrieslandCampina Engro Pakistan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.914 241.018 20.433
201609 14.387 241.428 19.678
201612 12.480 241.432 17.069
201703 11.319 243.801 15.331
201706 12.203 244.955 16.450
201709 11.860 246.819 15.867
201712 9.807 246.524 13.136
201803 9.319 249.554 12.331
201806 10.547 251.989 13.821
201809 11.213 252.439 14.668
201812 11.084 251.233 14.568
201903 11.242 254.202 14.604
201906 12.963 256.143 16.712
201909 12.964 256.759 16.673
201912 13.140 256.974 16.885
202003 12.791 258.115 16.364
202006 13.495 257.797 17.286
202009 15.945 260.280 20.229
202012 15.367 260.474 19.481
202103 15.102 264.877 18.827
202106 16.975 271.696 20.631
202109 18.368 274.310 22.111
202112 17.510 278.802 20.739
202203 18.225 287.504 20.932
202206 21.915 296.311 24.422
202209 28.772 296.808 32.010
202212 26.932 296.797 29.964
202303 29.547 301.836 32.325
202306 31.782 305.109 34.397
202309 34.964 307.789 37.511
202312 34.460 306.746 37.096
202403 35.825 312.332 37.876
202406 35.951 314.175 37.786
202409 35.858 315.301 37.554
202412 32.011 315.605 33.493
202503 33.936 319.799 35.041
202506 34.531 322.561 35.350
202509 36.193 324.800 36.796
202512 31.595 324.054 32.195
202603 37.467 330.213 37.467

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 ₨96.61 mean?
FrieslandCampina Engro Pakistan (KAR:FCEPL) has a Cyclically Adjusted Revenue per Share of ₨96.61 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 FrieslandCampina Engro Pakistan and its competitors.
Is FrieslandCampina Engro Pakistan's Cyclically Adjusted Revenue per Share too high?
FrieslandCampina Engro Pakistan's current Cyclically Adjusted Revenue per Share is ₨96.61. Overall, FrieslandCampina Engro Pakistan has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FrieslandCampina Engro Pakistan's Cyclically Adjusted Revenue per Share compare to KHC and GIS?
FrieslandCampina Engro Pakistan's Cyclically Adjusted Revenue per Share of ₨96.61 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Revenue per Share depends on the Consumer Packaged Goods 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 FrieslandCampina Engro Pakistan and its competitors. FrieslandCampina Engro Pakistan's current Cyclically Adjusted Revenue per Share is ₨96.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FrieslandCampina Engro Pakistan stock overvalued right now?
Based on GuruFocus' analysis, FrieslandCampina Engro Pakistan (KAR:FCEPL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨87.18, compared to a current price of ₨100.04 — trading 14.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₨96.61. FrieslandCampina Engro Pakistan's overall GF Score™ is 75/100 with 4 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 FrieslandCampina Engro Pakistan (KAR:FCEPL), the current Cyclically Adjusted Revenue per Share is ₨96.61 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 FrieslandCampina Engro Pakistan (KAR:FCEPL) Overvalued in 2026?

Based on GuruFocus' analysis, FrieslandCampina Engro Pakistan stock appears to be overvalued. The current stock price of ₨100.04 is trading 14.8% above its estimated GF Value™ of ₨87.18. GuruFocus considers FrieslandCampina Engro Pakistan to be Modestly Overvalued.

Key valuation signals for KAR:FCEPL:

  • Cyclically Adjusted Revenue per Share: ₨96.61
  • GF Value™: ₨87.18 vs. price of ₨100.04 (14.8% above fair value)
  • GF Score™: 75/100 with 4 warning signs

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


FrieslandCampina Engro Pakistan Business Description

Address Harbor Front Building, 5th Floor, HC-3, Near Marine Drive, Block - 4, Clifton, Karachi, PAK, 75600
FrieslandCampina Engro Pakistan Ltd is involved in the business of manufacturing, process, and selling dairy products, beverages, ice cream, and frozen desserts. It also owns and operates dairy farms. It sells its products under the brand name Olper's, Dairy Omung, Omore, and others. Its operating segment of the company is Dairy-Based products & frozen desserts out of which the majority comes from Dairy-Based products.
75GF Score

Get the complete analysis for KAR:FCEPL

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

₨100.04
Price
₨87.18
GF Value