Bata Pakistan (KAR:BATA) PB Ratio: 2.40 (As of Jul. 18, 2026) — 11% Above Median

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:BATA Bata Pakistan Ltd KAR:BATA
48 GF Score
Price ₨960.17
GF Value ₨1,601.49
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Bata Pakistan PB Ratio?

Bata Pakistan KAR:BATA -1.51% 48 PB Ratio is 2.40 as of Jul. 18, 2026, which is 11% above its 10-year median of 2.16. GuruFocus rates KAR:BATA with a GF Score™ of 48/100 and a GF Value™ of ₨1,601.49 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 999 Manufacturing - Apparel & Accessories companies, Bata Pakistan ranks worse than 78.48% 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 (2026-07-18), Bata Pakistan's share price is ₨960.17. Bata Pakistan's Book Value per Share for the quarter that ended in Mar. 2026 was ₨399.28. Hence, Bata Pakistan's PB Ratio of today is 2.40.

The historical rank and industry rank for Bata Pakistan's PB Ratio or its related term are showing as below:

KAR:BATA' s PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.16   Max: 5.4
Current: 2.4

During the past 13 years, Bata Pakistan's highest PB Ratio was 5.40. The lowest was 1.16. And the median was 2.16.

KAR:BATA's PB Ratio is ranked worse than
78.48% of 999 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08 vs KAR:BATA: 2.40

During the past 12 months, Bata Pakistan's average Book Value Per Share Growth Rate was -47.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -17.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -4.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bata Pakistan was 31.70% per year. The lowest was -17.70% per year. And the median was 7.40% per year.

Back to Basics: PB Ratio


Bata Pakistan  (KAR:BATA) 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.


Bata Pakistan PB Ratio Related Terms


Bata Pakistan PB Ratio Historical Data

* Premium members only.

The historical data trend for Bata Pakistan'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.

Bata Pakistan PB Ratio Chart

Bata Pakistan 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 2.66 2.88 2.30 2.75 2.95

Bata Pakistan 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 2.26 2.09 2.18 2.95 2.43

KAR:BATA vs NKE, DECK, ONON: PB Ratio Comparison

For the Footwear & Accessories subindustry, Bata Pakistan'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.


Bata Pakistan PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Pakistan's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bata Pakistan's PB Ratio falls into.


KAR:BATA
48GF Score
Bata Pakistan Ltd KAR:BATA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bata Pakistan 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.

Bata Pakistan's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=960.17/399.275
=2.40

* 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 2.40 mean?
Bata Pakistan (KAR:BATA) has a PB Ratio of 2.40 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bata Pakistan and its competitors. This is 11% above median its historical median of 2.16. Over the past decade, Bata Pakistan's PB Ratio has ranged from 1.16 to 5.40. According to the industry distribution chart, Bata Pakistan ranks #784 out of 999 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.5%.
Is Bata Pakistan's PB Ratio too high?
Bata Pakistan's current PB Ratio of 2.40 is 11% above median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 5.40. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Bata Pakistan's value of 2.40 is 122.2% above this industry median. Based on the distribution chart, Bata Pakistan ranks #784 out of 999 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Bata Pakistan has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bata Pakistan's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata Pakistan ranks #784 out of 999 companies for PB Ratio. This places Bata Pakistan in the lower half of its industry. The industry median PB Ratio is 1.08. Bata Pakistan's value of 2.40 is 122.2% above this benchmark. Historically, Bata Pakistan's own PB Ratio has ranged from 1.16 to 5.40 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.08, Bata Pakistan 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 999 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. Bata Pakistan's current PB Ratio of 2.40 is 122.2% 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 Bata Pakistan and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata Pakistan's current PB Ratio is 2.40, which is 11% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Pakistan stock overvalued right now?
Based on GuruFocus' analysis, Bata Pakistan (KAR:BATA) is currently considered Possible Value Trap. The stock's GF Value™ is ₨1,601.49, compared to a current price of ₨960.17 — trading 40% below its estimated fair value. The current PB Ratio is 2.40, which is 11% above median its 10-year median of 2.16 and 122.2% above the Manufacturing - Apparel & Accessories industry median of 1.08. Bata Pakistan's overall GF Score™ is 48/100 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 Bata Pakistan (KAR:BATA), the current PB Ratio is 2.40 as of Jul. 18, 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 Bata Pakistan (KAR:BATA) Overvalued in 2026?

Based on GuruFocus' analysis, Bata Pakistan stock appears to be undervalued. The current stock price of ₨960.17 is trading 40% below its estimated GF Value™ of ₨1,601.49. GuruFocus considers Bata Pakistan to be Possible Value Trap.

Key valuation signals for KAR:BATA:

  • PB Ratio: 2.40 (11% above median its 10-year median of 2.16)
  • GF Value™: ₨1,601.49 vs. price of ₨960.17 (40% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 122.2% above the Manufacturing - Apparel & Accessories median (#784 of 999)

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


Bata Pakistan Business Description

Address G.T. Road, P.O. Batapur, Batapur, Lahore, PB, PAK, 53400
Bata Pakistan Ltd is engaged in the manufacturing and sale of footwear of all kinds, along with the sale of accessories and hosiery items. It operates through four segments: Retail, Wholesale, Export, and Others. Its products are for women, men, & kids under categories, such as athletics, casual, comfort, fashion, dress shoes, sandals, & slippers, boys, girls, & school shoes. Its Retail segment includes information relating to sales made from the retail stores of the company. Wholesale: This segment includes information relating to sales made to distributors of the Company. Export: This segment includes information regarding the exports made by the Company to both associated undertakings & other customers. Others: All other sales of the Company, including sales of grinderies & wastages.
48GF Score

Get the complete analysis for KAR:BATA

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

₨960.17
Price
₨1,601.49
GF Value