Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pakistan Stock Exchange's Enterprise Value for the quarter that ended in Mar. 2026 was ₨20,990 Mil.
Pakistan Stock Exchange's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₨620 Mil. Pakistan Stock Exchange's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.96%.
The historical rank and industry rank for Pakistan Stock Exchange's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
KAR:PSX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.64 Med: -2.84 Max: 2.82
Current: 1.67
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pakistan Stock Exchange was 2.82%. The lowest was -11.64%. And the median was -2.84%.
KAR:PSX's Earnings Yield (Joel Greenblatt) % is ranked worse than 53.93% of 777
companies
in the Capital Markets industry
Industry Median: 2.65
vs KAR:PSX: 1.67
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 Stock Exchange's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. 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.
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.
Pakistan Stock Exchange Earnings Yield (Joel Greenblatt) % Related Terms
Pakistan Stock Exchange Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Pakistan Stock Exchange'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.
For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange'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 Stock Exchange Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pakistan Stock Exchange's Earnings Yield (Joel Greenblatt) % falls into.
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 Stock Exchanges Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as
Pakistan Stock Exchange'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 ₨620 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.96% mean?
Pakistan Stock Exchange (KAR:PSX) has a Earnings Yield (Joel Greenblatt) % of 2.96% 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 Stock Exchange and its competitors. According to the industry distribution chart, Pakistan Stock Exchange ranks #419 out of 777 companies in the Capital Markets industry, placing it in the top 53.9%.
Is Pakistan Stock Exchange's Earnings Yield (Joel Greenblatt) % too high?
Pakistan Stock Exchange's current Earnings Yield (Joel Greenblatt) % is 2.96%. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.65. Pakistan Stock Exchange's value of 2.96% is 11.7% above this industry median. Based on the distribution chart, Pakistan Stock Exchange ranks #419 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Pakistan Stock Exchange has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Stock Exchange's Earnings Yield (Joel Greenblatt) % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Pakistan Stock Exchange ranks #419 out of 777 companies for Earnings Yield (Joel Greenblatt) %. This places Pakistan Stock Exchange in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.65. Pakistan Stock Exchange's value of 2.96% is 11.7% above this benchmark. 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 Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.65, based on 777 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 Stock Exchange's current Earnings Yield (Joel Greenblatt) % of 2.96% is 11.7% 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 Stock Exchange and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Stock Exchange's current Earnings Yield (Joel Greenblatt) % is 2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Stock Exchange (KAR:PSX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨28.84, compared to a current price of ₨49.87 — trading 72.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.96% and 11.7% above the Capital Markets industry median of 2.65. Pakistan Stock Exchange's overall GF Score™ is 72/100 with 4 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 Stock Exchange (KAR:PSX), the current Earnings Yield (Joel Greenblatt) % is 2.96% 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 Stock Exchange (KAR:PSX) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan Stock Exchange stock appears to be overvalued.
The current stock price of ₨49.87 is trading 72.9% above its estimated GF Value™ of ₨28.84.
GuruFocus considers Pakistan Stock Exchange to be Significantly Overvalued.
Key valuation signals for KAR:PSX:
Earnings Yield (Joel Greenblatt) %: 2.96%
GF Value™: ₨28.84 vs. price of ₨49.87 (72.9% above fair value)
Industry Position: 11.7% above the Capital Markets median (#419 of 777)
No single metric tells the full story. See the KAR:PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan Stock Exchange Ltd is engaged in conducting, regulating and controlling the trade or business of purchasing, selling and trading in debentures stock, government papers, shares, scrips, stocks, bonds, loans, and any other instruments and securities. The products of the company involve Equity Segments, known as Ready Market (T+2), Bills & Bonds (for trading in government debt securities & corporate debt), Futures Counter, Deliverable Futures Contracts, Stock Index Futures, Negotiated Deal Market, REIT, Exchange Traded Funds and GEM Board.
72GF Score
Get the complete analysis for KAR:PSX
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:PSX has been successfully added to your 
