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Pioneer CementKAR:PIOC +0.30%86 Debt-to-Equity is 0.10 as of Mar. 2026, which is 83% below its 10-year median of 0.60. GuruFocus rates KAR:PIOC with a GF Score™ of 86/100 and a GF Value™ of ₨139.25 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 365 Building Materials companies, Pioneer Cement ranks better than 80% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Pioneer Cement's Debt-to-Equity or its related term are showing as below:
KAR:PIOC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.6 Max: 2.08
Current: 0.1
During the past 13 years, the highest Debt-to-Equity Ratio of Pioneer Cement was 2.08. The lowest was 0.06. And the median was 0.60.
KAR:PIOC's Debt-to-Equity is ranked better than 80% of 365
companies
in the Building Materials industry
Industry Median: 0.36
vs KAR:PIOC: 0.10
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Pioneer Cement Debt-to-Equity Related Terms
Pioneer Cement Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Pioneer Cement's Debt-to-Equity 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.
KAR:PIOC vs CRH, VMC, MLM: Debt-to-Equity Comparison
For the Building Materials subindustry, Pioneer Cement's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Pioneer Cement's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pioneer Cement's Debt-to-Equity falls into.
* 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 (KAR:PIOC) has a Debt-to-Equity of 0.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pioneer Cement and its competitors. This is 83% below median its historical median of 0.60. Over the past decade, Pioneer Cement's Debt-to-Equity has ranged from 0.06 to 2.08. According to the industry distribution chart, Pioneer Cement ranks #73 out of 365 companies in the Building Materials industry, placing it in the top 20%.
Is Pioneer Cement's Debt-to-Equity too high?
Pioneer Cement's current Debt-to-Equity of 0.10 is 83% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.08. The Building Materials industry median Debt-to-Equity is 0.36. Pioneer Cement's value of 0.10 is 72.2% below this industry median. Based on the distribution chart, Pioneer Cement ranks #73 out of 365 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Pioneer Cement has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's Debt-to-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Pioneer Cement ranks #73 out of 365 companies for Debt-to-Equity. This places Pioneer Cement in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.36. Pioneer Cement's value of 0.10 is 72.2% below this benchmark. Historically, Pioneer Cement's own Debt-to-Equity has ranged from 0.06 to 2.08 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.36, Pioneer Cement has consistently been below 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 Debt-to-Equity for a Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.36, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Cement's current Debt-to-Equity of 0.10 is 72.2% below 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pioneer Cement and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Cement's current Debt-to-Equity is 0.10, which is 83% below median its own 10-year median of 0.60. 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 Significantly Overvalued. The stock's GF Value™ is ₨139.25, compared to a current price of ₨283.69 — trading 103.7% above its estimated fair value. The current Debt-to-Equity is 0.10, which is 83% below median its 10-year median of 0.60 and 72.2% below the Building Materials industry median of 0.36. Pioneer Cement's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Pioneer Cement (KAR:PIOC), the current Debt-to-Equity is 0.10 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 Pioneer Cement (KAR:PIOC) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Cement stock appears to be overvalued.
The current stock price of ₨283.69 is trading 103.7% above its estimated GF Value™ of ₨139.25.
GuruFocus considers Pioneer Cement to be Significantly Overvalued.
Key valuation signals for KAR:PIOC:
Debt-to-Equity: 0.10 (83% below median its 10-year median of 0.60)
GF Value™: ₨139.25 vs. price of ₨283.69 (103.7% above fair value)
Industry Position: 72.2% below the Building Materials median (#73 of 365)
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 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.
86GF Score
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