Pioneer Cement (KAR:PIOC) Shiller PE Ratio: 18.91 (As of Sep. 07, 2026) — 14% Above Median

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KAR:PIOC Pioneer Cement Ltd KAR:PIOC
84 GF Score
Price ₨258.70
GF Value ₨237.27
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Pioneer Cement Shiller PE Ratio?

Pioneer Cement KAR:PIOC +0.65% 84 Shiller PE Ratio is 18.91 as of Sep. 07, 2026, which is 14% above its 10-year median of 16.55. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨237.27 (Fairly Valued). The stock has 3 warning signs investors should review. Among 257 Building Materials companies, Pioneer Cement ranks worse than 61.48% on this metric.

As of today (2026-09-07), Pioneer Cement's current share price is ₨258.70. Pioneer Cement's E10 for the quarter that ended in Jun. 2026 was ₨13.68. Pioneer Cement's Shiller PE Ratio for today is 18.91.

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

KAR:PIOC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.84   Med: 16.55   Max: 33.64
Current: 18.91

During the past years, Pioneer Cement's highest Shiller PE Ratio was 33.64. The lowest was 4.84. And the median was 16.55.

KAR:PIOC's Shiller PE Ratio is ranked worse than
61.48% of 257 companies
in the Building Materials industry
Industry Median: 15.33 vs KAR:PIOC: 18.91

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.

Pioneer Cement's adjusted earnings per share data for the three months ended in Jun. 2026 was ₨9.677. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₨13.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pioneer Cement  (KAR:PIOC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Pioneer Cement Shiller PE Ratio Related Terms


Pioneer Cement Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Pioneer Cement's Shiller PE 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 Shiller PE Ratio Chart

Pioneer Cement Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9.27 15.48 19.23 20.71

Pioneer Cement Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 19.23 20.14 30.78 15.88 20.71

KAR:PIOC vs CRH, MLM, VMC: Shiller PE Ratio Comparison

For the Building Materials subindustry, Pioneer Cement's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Building Materials Industry

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

* The bar in red indicates where Pioneer Cement's Shiller PE Ratio falls into.


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

Pioneer Cement Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Pioneer Cement's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=258.70/13.68
=18.91

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Pioneer Cement's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=9.677/333.9520*333.9520
=9.677

Current CPI (Jun. 2026) = 333.9520.

Pioneer Cement Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 3.090 241.428 4.274
201612 3.520 241.432 4.869
201703 3.950 243.801 5.411
201706 2.280 244.955 3.108
201709 1.840 246.819 2.490
201712 1.410 246.524 1.910
201803 1.810 249.554 2.422
201806 2.180 251.989 2.889
201809 1.140 252.439 1.508
201812 1.180 251.233 1.569
201903 1.310 254.202 1.721
201906 -0.150 256.143 -0.196
201909 -0.820 256.759 -1.067
201912 0.320 256.974 0.416
202003 -1.810 258.115 -2.342
202006 1.380 257.797 1.788
202009 -0.170 260.280 -0.218
202012 2.840 260.474 3.641
202103 3.020 264.877 3.808
202106 3.000 271.696 3.687
202109 2.120 274.310 2.581
202112 2.920 278.802 3.498
202203 2.140 287.504 2.486
202206 -2.550 296.311 -2.874
202209 2.580 296.808 2.903
202212 5.170 296.797 5.817
202303 4.180 301.836 4.625
202306 -0.440 305.109 -0.482
202309 4.110 307.789 4.459
202312 7.450 306.746 8.111
202403 5.290 312.332 5.656
202406 5.940 314.175 6.314
202409 4.500 315.301 4.766
202412 7.700 315.605 8.148
202503 4.290 319.799 4.480
202506 4.970 322.561 5.146
202509 5.610 324.800 5.768
202512 7.040 324.054 7.255
202603 6.700 330.213 6.776
202606 9.677 333.952 9.677

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 18.91 mean?
Pioneer Cement (KAR:PIOC) has a Shiller PE Ratio of 18.91 as of Sep. 07, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Pioneer Cement and its competitors. This is 14% above median its historical median of 16.55. Over the past decade, Pioneer Cement's Shiller PE Ratio has ranged from 4.84 to 33.64. According to the industry distribution chart, Pioneer Cement ranks #158 out of 257 companies in the Building Materials industry, placing it in the top 61.5%.
Is Pioneer Cement's Shiller PE Ratio too high?
Pioneer Cement's current Shiller PE Ratio of 18.91 is 14% above median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 33.64. The Building Materials industry median Shiller PE Ratio is 15.33. Pioneer Cement's value of 18.91 is 23.4% above this industry median. Based on the distribution chart, Pioneer Cement ranks #158 out of 257 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 Shiller PE Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Pioneer Cement ranks #158 out of 257 companies for Shiller PE Ratio. This places Pioneer Cement in the lower half of its industry. The industry median Shiller PE Ratio is 15.33. Pioneer Cement's value of 18.91 is 23.4% above this benchmark. Historically, Pioneer Cement's own Shiller PE Ratio has ranged from 4.84 to 33.64 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 15.33, 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 Shiller PE Ratio for a Building Materials company?
The median Shiller PE Ratio among Building Materials companies is 15.33, based on 257 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Cement's current Shiller PE Ratio of 18.91 is 23.4% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Pioneer Cement and its competitors. For the Building Materials industry, the median Shiller PE Ratio is 15.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Cement's current Shiller PE Ratio is 18.91, which is 14% above median its own 10-year median of 16.55. 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 ₨237.27, compared to a current price of ₨258.70 — trading 9% above its estimated fair value. The current Shiller PE Ratio is 18.91, which is 14% above median its 10-year median of 16.55 and 23.4% above the Building Materials industry median of 15.33. Pioneer Cement's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Pioneer Cement (KAR:PIOC), the current Shiller PE Ratio is 18.91 as of Sep. 07, 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 ₨258.70 is trading 9% above its estimated GF Value™ of ₨237.27. GuruFocus considers Pioneer Cement to be Fairly Valued.

Key valuation signals for KAR:PIOC:

  • Shiller PE Ratio: 18.91 (14% above median its 10-year median of 16.55)
  • GF Value™: ₨237.27 vs. price of ₨258.70 (9% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 23.4% above the Building Materials median (#158 of 257)

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

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

₨258.70
Price
₨237.27
GF Value