Pioneer CementKAR:PIOC 84 PB Ratio is 1.23 as of Jun. 27, 2026, which is 21% above its 10-year median of 1.02. GuruFocus rates KAR:PIOC with a GF Score™ of 84/100 and a GF Value™ of ₨134.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 398 Building Materials companies, Pioneer Cement ranks worse than 53.02% 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 (2026-06-27), Pioneer Cement's share price is ₨273.85. Pioneer Cement's Book Value per Share for the quarter that ended in Mar. 2026 was ₨221.82. Hence, Pioneer Cement's PB Ratio of today is 1.23.
The historical rank and industry rank for Pioneer Cement's PB Ratio or its related term are showing as below:
KAR:PIOC'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 1.02 Max: 3.07
Current: 1.24
During the past 13 years, Pioneer Cement's highest PB Ratio was 3.07. The lowest was 0.30. And the median was 1.02.
KAR:PIOC's PB Ratio is ranked worse than 53.02% of 398
companies
in the Building Materials industry
Industry Median: 1.185
vs KAR:PIOC: 1.24
During the past 12 months, Pioneer Cement's average Book Value Per Share Growth Rate was 9.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 33.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pioneer Cement was 45.60% per year. The lowest was 2.30% per year. And the median was 19.20% per year.
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.
Pioneer Cement PB Ratio Related Terms
Pioneer Cement PB Ratio Historical Data
* Premium members only.
The historical data trend for Pioneer Cement'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.
For the Building Materials subindustry, Pioneer Cement'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.
Pioneer Cement PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Pioneer Cement's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pioneer Cement'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.
Pioneer Cement's PB Ratio for today is calculated as follows:
* 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.
Pioneer Cement (KAR:PIOC) has a PB Ratio of 1.23 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pioneer Cement and its competitors. This is 21% above median its historical median of 1.02. Over the past decade, Pioneer Cement's PB Ratio has ranged from 0.30 to 3.07. According to the industry distribution chart, Pioneer Cement ranks #211 out of 398 companies in the Building Materials industry, placing it in the top 53%.
Is Pioneer Cement's PB Ratio too high?
Pioneer Cement's current PB Ratio of 1.23 is 21% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 3.07. The Building Materials industry median PB Ratio is 1.19. Pioneer Cement's value of 1.23 is 3.8% above this industry median. Based on the distribution chart, Pioneer Cement ranks #211 out of 398 companies in the Building Materials industry, which is below the industry midpoint. Overall, Pioneer Cement has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Cement's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Pioneer Cement ranks #211 out of 398 companies for PB Ratio. This places Pioneer Cement in the lower half of its industry. The industry median PB Ratio is 1.19. Pioneer Cement's value of 1.23 is 3.8% above this benchmark. Historically, Pioneer Cement's own PB Ratio has ranged from 0.30 to 3.07 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.19, Pioneer Cement 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.19, based on 398 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. Pioneer Cement's current PB Ratio of 1.23 is 3.8% 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 Pioneer Cement and its competitors. For the Building Materials industry, the median PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Cement's current PB Ratio is 1.23, which is 21% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Cement stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Cement (KAR:PIOC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨134.39, compared to a current price of ₨273.85 — trading 103.8% above its estimated fair value. The current PB Ratio is 1.23, which is 21% above median its 10-year median of 1.02 and 3.8% above the Building Materials industry median of 1.19. Pioneer Cement's overall GF Score™ is 84/100 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 Pioneer Cement (KAR:PIOC), the current PB Ratio is 1.23 as of Jun. 27, 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 Pioneer Cement (KAR:PIOC) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Cement stock appears to be overvalued.
The current stock price of ₨273.85 is trading 103.8% above its estimated GF Value™ of ₨134.39.
GuruFocus considers Pioneer Cement to be Significantly Overvalued.
Key valuation signals for KAR:PIOC:
PB Ratio: 1.23 (21% above median its 10-year median of 1.02)
GF Value™: ₨134.39 vs. price of ₨273.85 (103.8% above fair value)
Industry Position: 3.8% above the Building Materials median (#211 of 398)
No single metric tells the full story. See the KAR:PIOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pioneer Cement Ltd is a cement producer. The company's production facility is situated at Chenki, District Khushab in Punjab Province. The product range consists of Ordinary Portland Cement and Sulphate Resistant Cement. Its Ordinary Portland Cement is used for all structural work including all kinds of concrete construction and Sulphate Resistant Cement is used where sulfate salts are present in the soil or in saline water. Geographically, the company operates within Pakistan and Afghanistan and generates a majority of its revenue from Pakistan.
84GF Score
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