Al-Ghazi Tractors (KAR:AGTL) PB Ratio: 1.92 (As of Jul. 23, 2026) — 73% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:AGTL Al-Ghazi Tractors Ltd KAR:AGTL
73 GF Score
Price ₨371.50
GF Value ₨320.29
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Al-Ghazi Tractors PB Ratio?

Al-Ghazi Tractors KAR:AGTL -0.02% 73 PB Ratio is 1.92 as of Jul. 23, 2026, which is 73% below its 10-year median of 7.05. GuruFocus rates KAR:AGTL with a GF Score™ of 73/100 and a GF Value™ of ₨320.29 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, Al-Ghazi Tractors ranks worse than 66.83% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-23), Al-Ghazi Tractors's share price is ₨371.50. Al-Ghazi Tractors's Book Value per Share for the quarter that ended in Mar. 2026 was ₨193.44. Hence, Al-Ghazi Tractors's PB Ratio of today is 1.92.

The historical rank and industry rank for Al-Ghazi Tractors's PB Ratio or its related term are showing as below:

KAR:AGTL' s PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 7.05   Max: 33.54
Current: 1.92

During the past 13 years, Al-Ghazi Tractors's highest PB Ratio was 33.54. The lowest was 1.60. And the median was 7.05.

KAR:AGTL's PB Ratio is ranked worse than
66.83% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.515 vs KAR:AGTL: 1.92

During the past 12 months, Al-Ghazi Tractors's average Book Value Per Share Growth Rate was 21.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 49.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 36.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Al-Ghazi Tractors was 51.30% per year. The lowest was -38.20% per year. And the median was 8.90% per year.

Back to Basics: PB Ratio


Al-Ghazi Tractors  (KAR:AGTL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Al-Ghazi Tractors PB Ratio Related Terms


Al-Ghazi Tractors PB Ratio Historical Data

* Premium members only.

The historical data trend for Al-Ghazi Tractors's PB Ratio 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.

Al-Ghazi Tractors PB Ratio Chart

Al-Ghazi Tractors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 5.89 3.67 3.54 2.20

Al-Ghazi Tractors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 3.33 2.68 2.53 2.20 1.59

KAR:AGTL vs CAT, DE, PCAR: PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Al-Ghazi Tractors's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Al-Ghazi Tractors PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Al-Ghazi Tractors's PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Ghazi Tractors's PB Ratio falls into.


KAR:AGTL
73GF Score
Al-Ghazi Tractors Ltd KAR:AGTL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al-Ghazi Tractors PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Al-Ghazi Tractors's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=371.50/193.439
=1.92

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.92 mean?
Al-Ghazi Tractors (KAR:AGTL) has a PB Ratio of 1.92 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Al-Ghazi Tractors and its competitors. This is 73% below median its historical median of 7.05. Over the past decade, Al-Ghazi Tractors' PB Ratio has ranged from 1.60 to 33.54. According to the industry distribution chart, Al-Ghazi Tractors ranks #135 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 66.8%.
Is Al-Ghazi Tractors' PB Ratio too high?
Al-Ghazi Tractors' current PB Ratio of 1.92 is 73% below median its 10-year median of 7.05. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 33.54. The Farm & Heavy Construction Machinery industry median PB Ratio is 1.52. Al-Ghazi Tractors' value of 1.92 is 26.7% above this industry median. Based on the distribution chart, Al-Ghazi Tractors ranks #135 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Al-Ghazi Tractors has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al-Ghazi Tractors' PB Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Al-Ghazi Tractors ranks #135 out of 202 companies for PB Ratio. This places Al-Ghazi Tractors in the lower half of its industry. The industry median PB Ratio is 1.52. Al-Ghazi Tractors' value of 1.92 is 26.7% above this benchmark. Historically, Al-Ghazi Tractors' own PB Ratio has ranged from 1.60 to 33.54 over the past decade. While the company's 10-year median is 7.05 vs. the industry median of 1.52, Al-Ghazi Tractors 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 PB Ratio for a Farm & Heavy Construction Machinery company?
The median PB Ratio among Farm & Heavy Construction Machinery companies is 1.52, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al-Ghazi Tractors's current PB Ratio of 1.92 is 26.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Al-Ghazi Tractors and its competitors. For the Farm & Heavy Construction Machinery industry, the median PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Ghazi Tractors's current PB Ratio is 1.92, which is 73% below median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Ghazi Tractors stock overvalued right now?
Based on GuruFocus' analysis, Al-Ghazi Tractors (KAR:AGTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨320.29, compared to a current price of ₨371.50 — trading 16% above its estimated fair value. The current PB Ratio is 1.92, which is 73% below median its 10-year median of 7.05 and 26.7% above the Farm & Heavy Construction Machinery industry median of 1.52. Al-Ghazi Tractors' overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Al-Ghazi Tractors (KAR:AGTL), the current PB Ratio is 1.92 as of Jul. 23, 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 Al-Ghazi Tractors (KAR:AGTL) Overvalued in 2026?

Based on GuruFocus' analysis, Al-Ghazi Tractors stock appears to be overvalued. The current stock price of ₨371.50 is trading 16% above its estimated GF Value™ of ₨320.29. GuruFocus considers Al-Ghazi Tractors to be Modestly Overvalued.

Key valuation signals for KAR:AGTL:

  • PB Ratio: 1.92 (73% below median its 10-year median of 7.05)
  • GF Value™: ₨320.29 vs. price of ₨371.50 (16% above fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 26.7% above the Farm & Heavy Construction Machinery median (#135 of 202)

No single metric tells the full story. See the KAR:AGTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al-Ghazi Tractors Business Description

Address 16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, SD, PAK
Al-Ghazi Tractors Ltd is principally engaged in the manufacture and sale of agricultural tractors, generators, implements and spare parts in Pakistan. It offers a wide range of New Holland (Fiat) tractors, catering to small, medium, and large-scale agricultural operations. The portfolio includes: Compact and utility tractors for small farmers and horticulture applications, and Medium- and high-horsepower tractors for larger farms and commercial agricultural operations. The company has a single reportable segment.
73GF Score

Get the complete analysis for KAR:AGTL

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

₨371.50
Price
₨320.29
GF Value