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Pakistan National ShippingKAR:PNSC +0.24%81 Cyclically Adjusted PS Ratio is 3.67 as of Jul. 22, 2026, which is 120% above its 10-year median of 1.67. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨302.66 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 760 Transportation companies, Pakistan National Shipping ranks worse than 87.5% on this metric.
The historical rank and industry rank for Pakistan National Shipping's Cyclically Adjusted PS Ratio or its related term are showing as below:
KAR:PNSC'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38 Med: 1.67 Max: 4.87
Current: 3.73
During the past years, Pakistan National Shipping's highest Cyclically Adjusted PS Ratio was 4.87. The lowest was 0.38. And the median was 1.67.
KAR:PNSC's Cyclically Adjusted PS Ratio is ranked worse than 87.5% of 760
companies
in the Transportation industry
Industry Median: 0.89
vs KAR:PNSC: 3.73
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.
Pakistan National Shipping's adjusted revenue per share data for the three months ended in Mar. 2026 was ₨79.459. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₨151.47 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Pakistan National Shipping (KAR:PNSC) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Pakistan National Shipping Cyclically Adjusted PS Ratio Related Terms
Pakistan National Shipping Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Pakistan National Shipping's Cyclically Adjusted PS 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.
Pakistan National Shipping Cyclically Adjusted PS Ratio Chart
KAR:PNSC vs KEX: Cyclically Adjusted PS Ratio Comparison
For the Marine Shipping subindustry, Pakistan National Shipping'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.
Pakistan National Shipping Cyclically Adjusted PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Pakistan National Shipping's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Pakistan National Shipping's Cyclically Adjusted PS Ratio falls into.
Pakistan National Shipping Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 3.67 mean?
Pakistan National Shipping (KAR:PNSC) has a Cyclically Adjusted PS Ratio of 3.67 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pakistan National Shipping and its competitors. This is 120% above median its historical median of 1.67. Over the past decade, Pakistan National Shipping's Cyclically Adjusted PS Ratio has ranged from 0.38 to 4.87. According to the industry distribution chart, Pakistan National Shipping ranks #665 out of 760 companies in the Transportation industry, placing it in the top 87.5%.
Is Pakistan National Shipping's Cyclically Adjusted PS Ratio too high?
Pakistan National Shipping's current Cyclically Adjusted PS Ratio of 3.67 is 120% above median its 10-year median of 1.67. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.87. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. Pakistan National Shipping's value of 3.67 is 312.4% above this industry median. Based on the distribution chart, Pakistan National Shipping ranks #665 out of 760 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Cyclically Adjusted PS Ratio compare to KEX?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #665 out of 760 companies for Cyclically Adjusted PS Ratio. This places Pakistan National Shipping in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Pakistan National Shipping's value of 3.67 is 312.4% above this benchmark. Historically, Pakistan National Shipping's own Cyclically Adjusted PS Ratio has ranged from 0.38 to 4.87 over the past decade. While the company's 10-year median is 1.67 vs. the industry median of 0.89, Pakistan National Shipping 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 Cyclically Adjusted PS Ratio for a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan National Shipping's current Cyclically Adjusted PS Ratio of 3.67 is 312.4% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Pakistan National Shipping and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current Cyclically Adjusted PS Ratio is 3.67, which is 120% above median its own 10-year median of 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨302.66, compared to a current price of ₨556.19 — trading 83.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.67, which is 120% above median its 10-year median of 1.67 and 312.4% above the Transportation industry median of 0.89. Pakistan National Shipping's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Pakistan National Shipping (KAR:PNSC), the current Cyclically Adjusted PS Ratio is 3.67 as of Jul. 22, 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 Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued.
The current stock price of ₨556.19 is trading 83.8% above its estimated GF Value™ of ₨302.66.
GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.
Key valuation signals for KAR:PNSC:
Cyclically Adjusted PS Ratio: 3.67 (120% above median its 10-year median of 1.67)
GF Value™: ₨302.66 vs. price of ₨556.19 (83.8% above fair value)
Industry Position: 312.4% above the Transportation median (#665 of 760)
No single metric tells the full story. See the KAR:PNSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score
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