MCB Bank (KAR:MCB) Cyclically Adjusted Revenue per Share: ₨117.18 (As of Mar. 2026)

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:MCB MCB Bank Ltd KAR:MCB
68 GF Score
Price ₨405.47
GF Value ₨233.83
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is MCB Bank Cyclically Adjusted Revenue per Share?

MCB Bank KAR:MCB +0.35% 68 Cyclically Adjusted Revenue per Share is ₨117.18 as of Mar. 2026. GuruFocus rates KAR:MCB with a GF Score™ of 68/100 and a GF Value™ of ₨233.83 (Significantly Overvalued). The stock has 8 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.

MCB Bank's adjusted revenue per share for the three months ended in Mar. 2026 was ₨42.334. 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 ₨117.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MCB Bank's average Cyclically Adjusted Revenue Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% 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 MCB Bank was 15.70% per year. The lowest was 14.90% per year. And the median was 15.30% per year.

As of today (2026-07-23), MCB Bank's current stock price is ₨405.47. MCB Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨117.18. MCB Bank's Cyclically Adjusted PS Ratio of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MCB Bank was 3.92. The lowest was 1.42. And the median was 2.41.


MCB Bank  (KAR:MCB) 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.

MCB Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=405.47/117.18
=3.46

* 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 MCB Bank was 3.92. The lowest was 1.42. And the median was 2.41.


Be Aware

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


MCB Bank Cyclically Adjusted Revenue per Share Related Terms


MCB Bank Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MCB Bank'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.

MCB Bank Cyclically Adjusted Revenue per Share Chart

MCB Bank 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 65.21 74.23 87.76 100.92 112.64

MCB Bank 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 104.28 107.27 110.38 112.64 117.18

MCB Bank Cyclically Adjusted Revenue per Share Competitor Comparison

For the Banks - Regional subindustry, MCB Bank'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.


MCB Bank Cyclically Adjusted PS Ratio vs Banks Industry

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

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


KAR:MCB
68GF Score
MCB Bank Ltd KAR:MCB
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCB Bank 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, MCB Bank'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)
=42.334/330.2130*330.2130
=42.334

Current CPI (Mar. 2026) = 330.2130.

MCB Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.047 241.018 19.245
201609 15.127 241.428 20.690
201612 13.096 241.432 17.912
201703 13.703 243.801 18.560
201706 13.040 244.955 17.579
201709 13.714 246.819 18.348
201712 10.158 246.524 13.606
201803 13.478 249.554 17.834
201806 13.733 251.989 17.996
201809 13.179 252.439 17.239
201812 13.157 251.233 17.293
201903 15.131 254.202 19.655
201906 16.753 256.143 21.598
201909 16.958 256.759 21.809
201912 18.625 256.974 23.933
202003 17.206 258.115 22.012
202006 20.614 257.797 26.405
202009 23.185 260.280 29.414
202012 18.085 260.474 22.927
202103 18.245 264.877 22.745
202106 19.032 271.696 23.131
202109 18.963 274.310 22.828
202112 19.252 278.802 22.802
202203 21.248 287.504 24.404
202206 25.530 296.311 28.451
202209 27.714 296.808 30.833
202212 28.601 296.797 31.821
202303 32.007 301.836 35.016
202306 42.263 305.109 45.740
202309 45.663 307.789 48.990
202312 48.187 306.746 51.873
202403 43.217 312.332 45.691
202406 43.210 314.175 45.416
202409 46.201 315.301 48.386
202412 42.009 315.605 43.953
202503 40.919 319.799 42.251
202506 41.629 322.561 42.617
202509 43.414 324.800 44.138
202512 43.528 324.054 44.355
202603 42.334 330.213 42.334

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 ₨117.18 mean?
MCB Bank (KAR:MCB) has a Cyclically Adjusted Revenue per Share of ₨117.18 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 MCB Bank and its competitors.
Is MCB Bank's Cyclically Adjusted Revenue per Share too high?
MCB Bank's current Cyclically Adjusted Revenue per Share is ₨117.18. Overall, MCB Bank has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MCB Bank's Cyclically Adjusted Revenue per Share compare to competitors?
MCB Bank's Cyclically Adjusted Revenue per Share of ₨117.18 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 MCB Bank and its competitors. MCB Bank's current Cyclically Adjusted Revenue per Share is ₨117.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCB Bank stock overvalued right now?
Based on GuruFocus' analysis, MCB Bank (KAR:MCB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨233.83, compared to a current price of ₨405.47 — trading 73.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₨117.18. MCB Bank's overall GF Score™ is 68/100 with 8 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 MCB Bank (KAR:MCB), the current Cyclically Adjusted Revenue per Share is ₨117.18 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 MCB Bank (KAR:MCB) Overvalued in 2026?

Based on GuruFocus' analysis, MCB Bank stock appears to be overvalued. The current stock price of ₨405.47 is trading 73.4% above its estimated GF Value™ of ₨233.83. GuruFocus considers MCB Bank to be Significantly Overvalued.

Key valuation signals for KAR:MCB:

  • Cyclically Adjusted Revenue per Share: ₨117.18
  • GF Value™: ₨233.83 vs. price of ₨405.47 (73.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs

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


MCB Bank Business Description

Address 15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK
MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Treasury, International banking and others. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.
68GF Score

Get the complete analysis for KAR:MCB

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

₨405.47
Price
₨233.83
GF Value