Pakistan National Shipping (KAR:PNSC) Earnings Yield (Joel Greenblatt) %: 18.32% (As of Mar. 2026) — 41% Below Median

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KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
83 GF Score
Price ₨531.41
GF Value ₨305.54
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pakistan National Shipping Earnings Yield (Joel Greenblatt) %?

Pakistan National Shipping KAR:PNSC +0.45% 83 Earnings Yield (Joel Greenblatt) % is 18.32% as of Mar. 2026, which is 41% below its 10-year median of 31.22. GuruFocus rates KAR:PNSC with a GF Score™ of 83/100 and a GF Value™ of ₨305.54 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,028 Transportation companies, Pakistan National Shipping ranks better than 85.21% on this metric.

Pakistan National Shipping's Enterprise Value for the quarter that ended in Mar. 2026 was ₨84,534 Mil. Pakistan National Shipping's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₨15,473 Mil. Pakistan National Shipping's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 18.32%.

The historical rank and industry rank for Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

KAR:PNSC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -572700.98   Med: 31.22   Max: 6223.23
Current: 15.7

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pakistan National Shipping was 6223.23%. The lowest was -572700.98%. And the median was 31.22%.

KAR:PNSC's Earnings Yield (Joel Greenblatt) % is ranked better than
85.21% of 1028 companies
in the Transportation industry
Industry Median: 6.72 vs KAR:PNSC: 15.70

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Pakistan National Shipping's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 16.59%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Pakistan National Shipping  (KAR:PNSC) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Pakistan National Shipping Earnings Yield (Joel Greenblatt) % Related Terms


Pakistan National Shipping Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart

Pakistan National Shipping Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.76 -370.37 -333.33 -625.00 263.16

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
Earnings Yield (Joel Greenblatt) % 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 344.83 263.16 81.97 48.08 18.32

KAR:PNSC vs KEX: Earnings Yield (Joel Greenblatt) % Comparison

For the Marine Shipping subindustry, Pakistan National Shipping's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % falls into.


KAR:PNSC
83GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan National Shipping Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Pakistan National Shippings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=23698.397/8901.6041
=266.23 %

Pakistan National Shipping's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨15,473 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 18.32% mean?
Pakistan National Shipping (KAR:PNSC) has a Earnings Yield (Joel Greenblatt) % of 18.32% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Pakistan National Shipping and its competitors. This is 41% below median its historical median of 31.22. According to the industry distribution chart, Pakistan National Shipping ranks #152 out of 1028 companies in the Transportation industry, placing it in the top 14.8%.
Is Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % too high?
Pakistan National Shipping's current Earnings Yield (Joel Greenblatt) % of 18.32% is 41% below median its 10-year median of 31.22. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.72. Pakistan National Shipping's value of 18.32% is 172.6% above this industry median. Based on the distribution chart, Pakistan National Shipping ranks #152 out of 1028 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Pakistan National Shipping has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Earnings Yield (Joel Greenblatt) % compare to KEX?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #152 out of 1028 companies for Earnings Yield (Joel Greenblatt) %. This places Pakistan National Shipping in the top 15% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.72. Pakistan National Shipping's value of 18.32% is 172.6% above this benchmark. While the company's 10-year median is 31.22 vs. the industry median of 6.72, 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 Earnings Yield (Joel Greenblatt) % for a Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.72, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pakistan National Shipping's current Earnings Yield (Joel Greenblatt) % of 18.32% is 172.6% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Pakistan National Shipping and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current Earnings Yield (Joel Greenblatt) % is 18.32%, which is 41% below median its own 10-year median of 31.22. 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 ₨305.54, compared to a current price of ₨531.41 — trading 73.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.32%, which is 41% below median its 10-year median of 31.22 and 172.6% above the Transportation industry median of 6.72. Pakistan National Shipping's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Pakistan National Shipping (KAR:PNSC), the current Earnings Yield (Joel Greenblatt) % is 18.32% 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 ₨531.41 is trading 73.9% above its estimated GF Value™ of ₨305.54. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • Earnings Yield (Joel Greenblatt) %: 18.32% (41% below median its 10-year median of 31.22)
  • GF Value™: ₨305.54 vs. price of ₨531.41 (73.9% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 172.6% above the Transportation median (#152 of 1028)

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.
83GF Score

Get the complete analysis for KAR:PNSC

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨531.41
Price
₨305.54
GF Value