To do this you'll have to enter the FIELD command
Field category: select Objects
Field names: select Formula
Leave the Format as Decimal
Precision: select 0.0
In the formula window enter:
0.5*ROUND(1*12/0.5)
The 1 in this case is a place holder.
Then select 1 and right mouse click
on the cursor menu select Insert Field
Now on the 2nd FIELD window:
Field category: select Objects
Field names: select Object
Pick your Circle
Under Property select Diameter
Leave the Format as Decimal
Precision: select 0.00 <increase precision will result in higher accuracy with the rounding
Don't add the 12 factor here and click OK
Now back in the original Field window click Evaluate button and you'll see the rounded value to the nearest 0.5 in Preview:
In this example 9.77 x 12 = 117.24
The nearest 0.5 = 117.0
Here's another example with the Diameter value shown as 11.62
11.62 x 12 = 139.44
The nearest 0.5 = 139.5