Nishat Power (KAR:NPL) PB Ratio: 0.89 (As of Jun. 24, 2026) — 112% Above Median


KAR:NPL Nishat Power Ltd KAR:NPL
57 GF Score
Price ₨74.14
GF Value ₨13.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nishat Power PB Ratio?

Nishat Power KAR:NPL +0.34% 57 PB Ratio is 0.89 as of Jun. 24, 2026, which is 112% above its 10-year median of 0.42. GuruFocus rates KAR:NPL with a GF Score™ of 57/100 and a GF Value™ of ₨13.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Nishat Power ranks better than 65.35% 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 (2026-06-24), Nishat Power's share price is ₨74.14. Nishat Power's Book Value per Share for the quarter that ended in Mar. 2026 was ₨83.69. Hence, Nishat Power's PB Ratio of today is 0.89.

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

KAR:NPL' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.42   Max: 1.88
Current: 0.89

During the past 13 years, Nishat Power's highest PB Ratio was 1.88. The lowest was 0.20. And the median was 0.42.

KAR:NPL's PB Ratio is ranked better than
65.35% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36 vs KAR:NPL: 0.89

During the past 12 months, Nishat Power's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Nishat Power was 36.60% per year. The lowest was -0.10% per year. And the median was 14.85% per year.

Back to Basics: PB Ratio


Nishat Power  (KAR:NPL) 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.


Nishat Power PB Ratio Related Terms


Nishat Power PB Ratio Historical Data

* Premium members only.

The historical data trend for Nishat Power'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.

Nishat Power PB Ratio Chart

Nishat Power 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 0.27 0.25 0.20 0.43 0.46

Nishat Power 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 0.51 0.46 0.45 0.82 0.77

KAR:NPL vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Nishat Power'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.


Nishat Power PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where Nishat Power's PB Ratio falls into.


KAR:NPL
57GF Score
Nishat Power Ltd KAR:NPL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat Power 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.

Nishat Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=74.14/83.692
=0.89

* 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 0.89 mean?
Nishat Power (KAR:NPL) has a PB Ratio of 0.89 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nishat Power and its competitors. This is 112% above median its historical median of 0.42. Over the past decade, Nishat Power's PB Ratio has ranged from 0.20 to 1.88. According to the industry distribution chart, Nishat Power ranks #149 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.7%.
Is Nishat Power's PB Ratio too high?
Nishat Power's current PB Ratio of 0.89 is 112% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.88. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Nishat Power's value of 0.89 is 34.6% below this industry median. Based on the distribution chart, Nishat Power ranks #149 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Nishat Power has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Power's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Nishat Power ranks #149 out of 430 companies for PB Ratio. This puts Nishat Power in the upper half of its industry. The industry median PB Ratio is 1.36. Nishat Power's value of 0.89 is 34.6% below this benchmark. Historically, Nishat Power's own PB Ratio has ranged from 0.20 to 1.88 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.36, Nishat Power 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. Nishat Power's current PB Ratio of 0.89 is 34.6% 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 Nishat Power and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishat Power's current PB Ratio is 0.89, which is 112% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Power stock overvalued right now?
Based on GuruFocus' analysis, Nishat Power (KAR:NPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨13.15, compared to a current price of ₨74.14 — trading 463.8% above its estimated fair value. The current PB Ratio is 0.89, which is 112% above median its 10-year median of 0.42 and 34.6% below the Utilities - Independent Power Producers industry median of 1.36. Nishat Power's overall GF Score™ is 57/100 with 7 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 Nishat Power (KAR:NPL), the current PB Ratio is 0.89 as of Jun. 24, 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 Nishat Power (KAR:NPL) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Power stock appears to be overvalued. The current stock price of ₨74.14 is trading 463.8% above its estimated GF Value™ of ₨13.15. GuruFocus considers Nishat Power to be Significantly Overvalued.

Key valuation signals for KAR:NPL:

  • PB Ratio: 0.89 (112% above median its 10-year median of 0.42)
  • GF Value™: ₨13.15 vs. price of ₨74.14 (463.8% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 34.6% below the Utilities - Independent Power Producers median (#149 of 430)

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


Nishat Power Business Description

Address 1-B, Aziz Avenue, Canal Bank, Gulberg-V, Lahore, PB, PAK
Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. It operates in single operating segment being: Revenue from sale of electricity relates to CPPA-G.
57GF Score

Get the complete analysis for KAR:NPL

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

₨74.14
Price
₨13.15
GF Value