Pakistan Stock Exchange (KAR:PSX) Liabilities-to-Assets : 0.22 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

KAR:PSX Pakistan Stock Exchange Ltd KAR:PSX
68 GF Score
Price ₨47.96
GF Value ₨28.97
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Pakistan Stock Exchange Liabilities-to-Assets?

Pakistan Stock Exchange KAR:PSX +1.37% 68 Liabilities-to-Assets is 0.22 as of Mar. 2026. GuruFocus rates KAR:PSX with a GF Score™ of 68/100 and a GF Value™ of ₨28.97 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Pakistan Stock Exchange's Total Liabilities for the quarter that ended in Mar. 2026 was ₨3,397 Mil. Pakistan Stock Exchange's Total Assets for the quarter that ended in Mar. 2026 was ₨15,667 Mil. Therefore, Pakistan Stock Exchange's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.22.


Pakistan Stock Exchange  (KAR:PSX) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Pakistan Stock Exchange Liabilities-to-Assets Related Terms


Pakistan Stock Exchange Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Pakistan Stock Exchange's Liabilities-to-Assets 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 Stock Exchange Liabilities-to-Assets Chart

Pakistan Stock Exchange Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.19 0.20 0.19 0.20

Pakistan Stock Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Liabilities-to-Assets 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 0.19 0.20 0.22 0.22 0.22

KAR:PSX vs SPGI, CME, ICE: Liabilities-to-Assets Comparison

For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Pakistan Stock Exchange's Liabilities-to-Assets falls into.


KAR:PSX
68GF Score
Pakistan Stock Exchange Ltd KAR:PSX
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan Stock Exchange Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Pakistan Stock Exchange's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Liabilities-to-Assets (A: Jun. 2025 )=Total Liabilities/Total Assets
=2922.189/15000.522
=0.19

Pakistan Stock Exchange's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=3396.872/15667.324
=0.22

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.22 mean?
Pakistan Stock Exchange (KAR:PSX) has a Liabilities-to-Assets of 0.22 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Pakistan Stock Exchange and its competitors.
Is Pakistan Stock Exchange's Liabilities-to-Assets too high?
Pakistan Stock Exchange's current Liabilities-to-Assets is 0.22. Overall, Pakistan Stock Exchange has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Stock Exchange's Liabilities-to-Assets compare to SPGI and CME?
Pakistan Stock Exchange's Liabilities-to-Assets of 0.22 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Capital Markets company?
A good Liabilities-to-Assets depends on the Capital Markets industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Pakistan Stock Exchange and its competitors. Pakistan Stock Exchange's current Liabilities-to-Assets is 0.22. 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 ₨28.97, compared to a current price of ₨47.96 — trading 65.6% above its estimated fair value. The current Liabilities-to-Assets is 0.22. Pakistan Stock Exchange's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Pakistan Stock Exchange (KAR:PSX), the current Liabilities-to-Assets is 0.22 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 ₨47.96 is trading 65.6% above its estimated GF Value™ of ₨28.97. GuruFocus considers Pakistan Stock Exchange to be Significantly Overvalued.

Key valuation signals for KAR:PSX:

  • Liabilities-to-Assets: 0.22
  • GF Value™: ₨28.97 vs. price of ₨47.96 (65.6% above fair value)
  • GF Score™: 68/100 with 4 warning signs

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 Business Description

Address Stock Exchange Road, Stock Exchange Building, Karachi, SD, PAK, 74000
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.
68GF Score

Get the complete analysis for KAR:PSX

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

₨47.96
Price
₨28.97
GF Value