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.
National Bank of PakistanKAR:NBP -0.24%62 PB Ratio is 0.99 as of Jul. 22, 2026, which is 200% above its 10-year median of 0.33. GuruFocus rates KAR:NBP with a GF Score™ of 62/100 and a GF Value™ of ₨90.66 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,510 Banks companies, National Bank of Pakistan ranks better than 59.21% on this metric.
National Bank of Pakistan stock PB Ratio (=1) is close to 10-year high of 1.08.
The historical rank and industry rank for National Bank of Pakistan's PB Ratio or its related term are showing as below:
KAR:NBP'
s PB Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.33 Max: 1.08
Current: 1
During the past 13 years, National Bank of Pakistan's highest PB Ratio was 1.08. The lowest was 0.12. And the median was 0.33.
KAR:NBP's PB Ratio is ranked better than 59.21% of 1510
companies
in the Banks industry
Industry Median: 1.12
vs KAR:NBP: 1.00
During the past 12 months, National Bank of Pakistan's average Book Value Per Share Growth Rate was -2.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Bank of Pakistan was 20.10% per year. The lowest was -0.60% per year. And the median was 9.10% per year.
Back to Basics: PB Ratio
National Bank of Pakistan (KAR:NBP) PB Ratio Explanation
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.
National Bank of Pakistan PB Ratio Related Terms
National Bank of Pakistan PB Ratio Historical Data
* 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.
National Bank of Pakistan PB Ratio Competitor Comparison
For the Banks - Regional subindustry, National Bank of 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.
National Bank of Pakistan PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Pakistan's PB Ratio distribution charts can be found below:
* The bar in red indicates where National Bank of Pakistan's PB Ratio falls into.
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.
* 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.
National Bank of Pakistan (KAR:NBP) has a PB Ratio of 0.99 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on National Bank of Pakistan and its competitors. This is 200% above median its historical median of 0.33. Over the past decade, National Bank of Pakistan's PB Ratio has ranged from 0.12 to 1.08. According to the industry distribution chart, National Bank of Pakistan ranks #616 out of 1510 companies in the Banks industry, placing it in the top 40.8%.
Is National Bank of Pakistan's PB Ratio too high?
National Bank of Pakistan's current PB Ratio of 0.99 is 200% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.08. The Banks industry median PB Ratio is 1.12. National Bank of Pakistan's value of 0.99 is 11.6% below this industry median. Based on the distribution chart, National Bank of Pakistan ranks #616 out of 1510 companies in the Banks industry, which is above the industry midpoint. Overall, National Bank of Pakistan has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Pakistan's PB Ratio compare to competitors?
According to the Banks industry distribution chart, National Bank of Pakistan ranks #616 out of 1510 companies for PB Ratio. This puts National Bank of Pakistan in the upper half of its industry. The industry median PB Ratio is 1.12. National Bank of Pakistan's value of 0.99 is 11.6% below this benchmark. Historically, National Bank of Pakistan's own PB Ratio has ranged from 0.12 to 1.08 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.12, National Bank of Pakistan has consistently been below 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 Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,510 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. National Bank of Pakistan's current PB Ratio of 0.99 is 11.6% below 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 National Bank of Pakistan and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Pakistan's current PB Ratio is 0.99, which is 200% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Pakistan stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Pakistan (KAR:NBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨90.66, compared to a current price of ₨203.05 — trading 124% above its estimated fair value. The current PB Ratio is 0.99, which is 200% above median its 10-year median of 0.33 and 11.6% below the Banks industry median of 1.12. National Bank of Pakistan's overall GF Score™ is 62/100 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 National Bank of Pakistan (KAR:NBP), the current PB Ratio is 0.99 as of Jul. 22, 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 National Bank of Pakistan (KAR:NBP) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank of Pakistan stock appears to be overvalued.
The current stock price of ₨203.05 is trading 124% above its estimated GF Value™ of ₨90.66.
GuruFocus considers National Bank of Pakistan to be Significantly Overvalued.
Key valuation signals for KAR:NBP:
PB Ratio: 0.99 (200% above median its 10-year median of 0.33)
GF Value™: ₨90.66 vs. price of ₨203.05 (124% above fair value)
Industry Position: 11.6% below the Banks median (#616 of 1510)
No single metric tells the full story. See the KAR:NBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank of Pakistan is a commercial bank that provides banking and related services in Pakistan and overseas. The bank offers diversified banking services across retail, commercial, corporate and investment, Islamic, treasury, and international banking segments. Geographically, it derives a majority of its revenue from Pakistan. Approximately the Bank operates an extensive domestic network of 1,503 branches, including the Export Processing Zone branch in Karachi, and maintains 14 international branches.
62GF Score
Get the complete analysis for KAR:NBP
PB Ratio 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:NBP has been successfully added to your 
