Pioneer Cement (KAR:PIOC) EBIT: ₨10,223 Mil (TTM As of Mar. 2026)


KAR:PIOC Pioneer Cement Ltd KAR:PIOC
84 GF Score
Price ₨273.85
GF Value ₨134.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pioneer Cement EBIT?

Pioneer Cement KAR:PIOC 84 EBIT is ₨10,223 Mil as of Mar. 2026. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨134.39 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Pioneer Cement's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₨2,771 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨10,223 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pioneer Cement's annualized ROC % for the quarter that ended in Mar. 2026 was 7.63%. Pioneer Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pioneer Cement's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.38%.


Pioneer Cement  (KAR:PIOC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pioneer Cement's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=10510.008 * ( 1 - 41.59% )/( (83088.794 + 77777.779)/ 2 )
=6138.8956728/80433.2865
=7.63 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=90071.385 - 6918.366 - ( 6906.767 - max(0, 15944.237 - 16008.462+6906.767))
=83088.794

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=87297.509 - 7377.823 - ( 4737.515 - max(0, 11967.6 - 14109.507+4737.515))
=77777.779

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Pioneer Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11082.764/( ( (73304.243 + max(-1448.96, 0)) + (72210.127 + max(-559.733, 0)) )/ 2 )
=11082.764/( ( 73304.243 + 72210.127 )/ 2 )
=11082.764/72757.185
=15.23 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1988.891 + 6818.95 + 15.630999999999) - (6918.366 + 0 + 3354.066)
=-1448.96

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1796.206 + 7042.33 + 237.091) - (7377.823 + 0 + 2257.537)
=-559.733

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pioneer Cement's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=10223.442/62424.422
=16.38 %

* 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 EBIT Related Terms


Pioneer Cement EBIT Historical Data

* Premium members only.

The historical data trend for Pioneer Cement's EBIT 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.

Pioneer Cement EBIT Chart

Pioneer Cement Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,708.53 6,582.88 8,918.39 11,173.79 9,498.04

Pioneer Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 1,866.61 2,233.11 2,302.99 2,916.65 2,770.69

KAR:PIOC vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, Pioneer Cement's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Pioneer Cement's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pioneer Cement's EV-to-EBIT falls into.


KAR:PIOC
84GF Score
Pioneer Cement Ltd KAR:PIOC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Cement EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

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 ₨10,223 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₨10,223 Mil mean?
Pioneer Cement (KAR:PIOC) has a EBIT of ₨10,223 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pioneer Cement.
Is Pioneer Cement's EBIT too high?
Pioneer Cement's current EBIT is ₨10,223 Mil. Overall, Pioneer Cement has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's EBIT compare to CRH and VMC?
Pioneer Cement's EBIT of ₨10,223 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Building Materials company?
A good EBIT depends on the Building Materials industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pioneer Cement. Pioneer Cement's current EBIT is ₨10,223 Mil. 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 ₨134.39, compared to a current price of ₨273.85 — trading 103.8% above its estimated fair value. The current EBIT is ₨10,223 Mil. Pioneer Cement's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Pioneer Cement (KAR:PIOC), the current EBIT is ₨10,223 Mil 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 ₨273.85 is trading 103.8% above its estimated GF Value™ of ₨134.39. GuruFocus considers Pioneer Cement to be Significantly Overvalued.

Key valuation signals for KAR:PIOC:

  • EBIT: ₨10,223 Mil
  • GF Value™: ₨134.39 vs. price of ₨273.85 (103.8% above fair value)
  • GF Score™: 84/100 with 4 warning signs

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 Business Description

Address 64-B/I, Gulberg-III, Lahore, PB, PAK
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.
84GF Score

Get the complete analysis for KAR:PIOC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨273.85
Price
₨134.39
GF Value