Pakistan National Shipping (KAR:PNSC) Cyclically Adjusted Revenue per Share: ₨151.47 (As of Mar. 2026)

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KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
81 GF Score
Price ₨564.50
GF Value ₨302.31
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pakistan National Shipping Cyclically Adjusted Revenue per Share?

Pakistan National Shipping KAR:PNSC -1.78% 81 Cyclically Adjusted Revenue per Share is ₨151.47 as of Mar. 2026. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨302.31 (Significantly Overvalued). The stock has 3 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.

Pakistan National Shipping's adjusted revenue per share 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 the count will get our Cyclically Adjusted Revenue per Share, which is ₨151.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Pakistan National Shipping's average Cyclically Adjusted Revenue Growth Rate was 13.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 16.50% 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 Pakistan National Shipping was 16.50% per year. The lowest was 16.50% per year. And the median was 16.50% per year.

As of today (2026-07-19), Pakistan National Shipping's current stock price is ₨564.50. Pakistan National Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₨151.47. Pakistan National Shipping's Cyclically Adjusted PS Ratio of today is 3.73.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Pakistan National Shipping was 4.87. The lowest was 0.38. And the median was 1.67.


Pakistan National Shipping  (KAR:PNSC) 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.

Pakistan National Shipping's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=564.50/151.47
=3.73

* 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 Pakistan National Shipping was 4.87. The lowest was 0.38. And the median was 1.67.


Be Aware

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


Pakistan National Shipping Cyclically Adjusted Revenue per Share Related Terms


Pakistan National Shipping Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Pakistan National Shipping'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.

Pakistan National Shipping Cyclically Adjusted Revenue per Share Chart

Pakistan National Shipping Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 86.14 108.11 124.43 136.33

Pakistan National Shipping 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 133.33 136.33 140.42 142.74 151.47

KAR:PNSC vs KEX: Cyclically Adjusted Revenue per Share 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.


KAR:PNSC
81GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan National Shipping 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, Pakistan National Shipping'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)
=79.459/330.2130*330.2130
=79.459

Current CPI (Mar. 2026) = 330.2130.

Pakistan National Shipping Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.755 241.018 20.215
201609 18.604 241.428 25.446
201612 14.080 241.432 19.258
201703 13.473 243.801 18.248
201706 16.829 244.955 22.686
201709 15.977 246.819 21.375
201712 11.790 246.524 15.792
201803 10.281 249.554 13.604
201806 12.039 251.989 15.776
201809 10.611 252.439 13.880
201812 12.999 251.233 17.085
201903 15.804 254.202 20.530
201906 17.787 256.143 22.931
201909 16.533 256.759 21.263
201912 15.696 256.974 20.169
202003 16.381 258.115 20.957
202006 21.136 257.797 27.073
202009 20.048 260.280 25.435
202012 15.167 260.474 19.228
202103 13.215 264.877 16.475
202106 15.953 271.696 19.389
202109 23.730 274.310 28.566
202112 27.282 278.802 32.313
202203 30.883 287.504 35.471
202206 58.373 296.311 65.052
202209 73.070 296.808 81.294
202212 74.063 296.797 82.402
202303 67.425 301.836 73.764
202306 61.191 305.109 66.226
202309 67.107 307.789 71.996
202312 53.157 306.746 57.224
202403 55.631 312.332 58.816
202406 58.151 314.175 61.119
202409 54.716 315.301 57.304
202412 45.504 315.605 47.610
202503 43.193 319.799 44.600
202506 46.590 322.561 47.695
202509 51.821 324.800 52.685
202512 53.278 324.054 54.291
202603 79.459 330.213 79.459

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 ₨151.47 mean?
Pakistan National Shipping (KAR:PNSC) has a Cyclically Adjusted Revenue per Share of ₨151.47 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 Pakistan National Shipping and its competitors.
Is Pakistan National Shipping's Cyclically Adjusted Revenue per Share too high?
Pakistan National Shipping's current Cyclically Adjusted Revenue per Share is ₨151.47. 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 Revenue per Share compare to KEX?
Pakistan National Shipping's Cyclically Adjusted Revenue per Share of ₨151.47 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Revenue per Share depends on the Transportation 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 Pakistan National Shipping and its competitors. Pakistan National Shipping's current Cyclically Adjusted Revenue per Share is ₨151.47. 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 ₨302.31, compared to a current price of ₨564.50 — trading 86.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ₨151.47. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Pakistan National Shipping (KAR:PNSC), the current Cyclically Adjusted Revenue per Share is ₨151.47 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 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 ₨564.50 is trading 86.7% above its estimated GF Value™ of ₨302.31. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • Cyclically Adjusted Revenue per Share: ₨151.47
  • GF Value™: ₨302.31 vs. price of ₨564.50 (86.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs

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 Business Description

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000
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

Get the complete analysis for KAR:PNSC

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

₨564.50
Price
₨302.31
GF Value