Pakistan National ShippingKAR:PNSC +0.10%81 PB Ratio is 1.13 as of Jul. 12, 2026, which is 232% above its 10-year median of 0.34. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨301.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 964 Transportation companies, Pakistan National Shipping ranks better than 55.29% on this metric.
The historical rank and industry rank for Pakistan National Shipping's PB Ratio or its related term are showing as below:
KAR:PNSC'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.34 Max: 1.33
Current: 1.13
During the past 13 years, Pakistan National Shipping's highest PB Ratio was 1.33. The lowest was 0.15. And the median was 0.34.
KAR:PNSC's PB Ratio is ranked better than 55.29% of 964
companies
in the Transportation industry
Industry Median: 1.265
vs KAR:PNSC: 1.13
During the past 12 months, Pakistan National Shipping's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 27.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pakistan National Shipping was 34.70% per year. The lowest was 5.10% per year. And the median was 8.80% per year.
Back to Basics: PB Ratio
Pakistan National Shipping (KAR:PNSC) 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.
Pakistan National Shipping PB Ratio Related Terms
Pakistan National Shipping 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.
For the Marine Shipping subindustry, Pakistan National Shipping'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.
Pakistan National Shipping PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Pakistan National Shipping's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pakistan National Shipping'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.
Pakistan National Shipping (KAR:PNSC) has a PB Ratio of 1.13 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pakistan National Shipping and its competitors. This is 232% above median its historical median of 0.34. Over the past decade, Pakistan National Shipping's PB Ratio has ranged from 0.15 to 1.33. According to the industry distribution chart, Pakistan National Shipping ranks #431 out of 964 companies in the Transportation industry, placing it in the top 44.7%.
Is Pakistan National Shipping's PB Ratio too high?
Pakistan National Shipping's current PB Ratio of 1.13 is 232% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.33. The Transportation industry median PB Ratio is 1.27. Pakistan National Shipping's value of 1.13 is 10.7% below this industry median. Based on the distribution chart, Pakistan National Shipping ranks #431 out of 964 companies in the Transportation industry, which is above the industry midpoint. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's PB Ratio compare to KEX?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #431 out of 964 companies for PB Ratio. This puts Pakistan National Shipping in the upper half of its industry. The industry median PB Ratio is 1.27. Pakistan National Shipping's value of 1.13 is 10.7% below this benchmark. Historically, Pakistan National Shipping's own PB Ratio has ranged from 0.15 to 1.33 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.27, Pakistan National Shipping 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 Transportation company?
The median PB Ratio among Transportation companies is 1.27, based on 964 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. Pakistan National Shipping's current PB Ratio of 1.13 is 10.7% 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 Pakistan National Shipping and its competitors. For the Transportation industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current PB Ratio is 1.13, which is 232% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨301.79, compared to a current price of ₨597.82 — trading 98.1% above its estimated fair value. The current PB Ratio is 1.13, which is 232% above median its 10-year median of 0.34 and 10.7% below the Transportation industry median of 1.27. Pakistan National Shipping's overall GF Score™ is 81/100 with 5 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 Pakistan National Shipping (KAR:PNSC), the current PB Ratio is 1.13 as of Jul. 12, 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 National Shipping (KAR:PNSC) Overvalued in 2026?
Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued.
The current stock price of ₨597.82 is trading 98.1% above its estimated GF Value™ of ₨301.79.
GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.
Key valuation signals for KAR:PNSC:
PB Ratio: 1.13 (232% above median its 10-year median of 0.34)
GF Value™: ₨301.79 vs. price of ₨597.82 (98.1% above fair value)
Industry Position: 10.7% below the Transportation median (#431 of 964)
No single metric tells the full story. See the KAR:PNSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score
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