TRG Pakistan (KAR:TRG) PB Ratio: 1.00 (As of Jul. 28, 2026) — Near 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:TRG TRG Pakistan Ltd KAR:TRG
63 GF Score
Price ₨60.05
GF Value ₨36.12
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is TRG Pakistan PB Ratio?

TRG Pakistan KAR:TRG +1.83% 63 PB Ratio is 1.00 as of Jul. 28, 2026, which is 4% above its 10-year median of 0.96. GuruFocus rates KAR:TRG with a GF Score™ of 63/100 and a GF Value™ of ₨36.12 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,046 Business Services companies, TRG Pakistan ranks better than 70.84% 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 (2026-07-28), TRG Pakistan's share price is ₨60.05. TRG Pakistan's Book Value per Share for the quarter that ended in Mar. 2026 was ₨59.79. Hence, TRG Pakistan's PB Ratio of today is 1.00.

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

KAR:TRG' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.96   Max: 3.98
Current: 1.01

During the past 13 years, TRG Pakistan's highest PB Ratio was 3.98. The lowest was 0.44. And the median was 0.96.

KAR:TRG's PB Ratio is ranked better than
70.84% of 1046 companies
in the Business Services industry
Industry Median: 1.655 vs KAR:TRG: 1.01

During the past 12 months, TRG Pakistan's average Book Value Per Share Growth Rate was -13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TRG Pakistan was 79.90% per year. The lowest was -7.30% per year. And the median was 32.20% per year.

Back to Basics: PB Ratio


TRG Pakistan  (KAR:TRG) 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.


TRG Pakistan PB Ratio Related Terms


TRG Pakistan PB Ratio Historical Data

* Premium members only.

The historical data trend for TRG 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.

TRG Pakistan PB Ratio Chart

TRG Pakistan Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 0.89 0.77 1.02 0.81

TRG 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 0.96 0.81 0.94 0.95 0.77

KAR:TRG vs CTAS, CPRT, GPN: PB Ratio Comparison

For the Specialty Business Services subindustry, TRG 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.


TRG Pakistan PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, TRG Pakistan's PB Ratio distribution charts can be found below:

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


KAR:TRG
63GF Score
TRG Pakistan Ltd KAR:TRG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRG 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=60.05/59.788
=1.00

* 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 1.00 mean?
TRG Pakistan (KAR:TRG) has a PB Ratio of 1.00 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TRG Pakistan and its competitors. This is near median its historical median of 0.96. Over the past decade, TRG Pakistan's PB Ratio has ranged from 0.44 to 3.98. According to the industry distribution chart, TRG Pakistan ranks #305 out of 1046 companies in the Business Services industry, placing it in the top 29.2%.
Is TRG Pakistan's PB Ratio too high?
TRG Pakistan's current PB Ratio of 1.00 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 3.98. The Business Services industry median PB Ratio is 1.66. TRG Pakistan's value of 1.00 is 39.6% below this industry median. Based on the distribution chart, TRG Pakistan ranks #305 out of 1046 companies in the Business Services industry, which is above the industry midpoint. Overall, TRG Pakistan has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TRG Pakistan's PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, TRG Pakistan ranks #305 out of 1046 companies for PB Ratio. This puts TRG Pakistan in the upper half of its industry. The industry median PB Ratio is 1.66. TRG Pakistan's value of 1.00 is 39.6% below this benchmark. Historically, TRG Pakistan's own PB Ratio has ranged from 0.44 to 3.98 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.66, TRG 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 Business Services company?
The median PB Ratio among Business Services companies is 1.66, based on 1,046 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. TRG Pakistan's current PB Ratio of 1.00 is 39.6% 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 TRG Pakistan and its competitors. For the Business Services industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRG Pakistan's current PB Ratio is 1.00, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRG Pakistan stock overvalued right now?
Based on GuruFocus' analysis, TRG Pakistan (KAR:TRG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨36.12, compared to a current price of ₨60.05 — trading 66.3% above its estimated fair value. The current PB Ratio is 1.00, which is near median its 10-year median of 0.96 and 39.6% below the Business Services industry median of 1.66. TRG Pakistan's overall GF Score™ is 63/100 with 3 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 TRG Pakistan (KAR:TRG), the current PB Ratio is 1.00 as of Jul. 28, 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 TRG Pakistan (KAR:TRG) Overvalued in 2026?

Based on GuruFocus' analysis, TRG Pakistan stock appears to be overvalued. The current stock price of ₨60.05 is trading 66.3% above its estimated GF Value™ of ₨36.12. GuruFocus considers TRG Pakistan to be Significantly Overvalued.

Key valuation signals for KAR:TRG:

  • PB Ratio: 1.00 (near median its 10-year median of 0.96)
  • GF Value™: ₨36.12 vs. price of ₨60.05 (66.3% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 39.6% below the Business Services median (#305 of 1046)

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


TRG Pakistan Business Description

Address Sky Tower West Wing, 24th Floor, HC-3, Block 4, Marine Drive, Clifton, Dolmen, Karachi, SD, PAK, 75600
TRG Pakistan Ltd, through its subsidiary, acquires, invests, and manages operations relating to business process outsourcing, marketing of Medicare-related products, online customer acquisition, and contact center optimization services. It is engaged in investing in a portfolio of investments in the Technology and IT-enabled services sectors.
63GF Score

Get the complete analysis for KAR:TRG

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

₨60.05
Price
₨36.12
GF Value